Northern Technologies International Corporation (NTIC)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Northern Technologies International Corporation (NTIC) trades at $8.84 with AI Score 40/100 (Grade C). Northern Technologies International Corporation (NTIC) specializes in rust and corrosion inhibiting products and services, along with bio-based polymer solutions. Market cap: $83.91M, Sector: Basic materials.
Price live · AI analysis from May 9, 2026NTIC stock analysis for 2026: Analysts have set a consensus price target of $13.00 for Northern Technologies International Corporation, suggesting 47.1% upside from the current price of $8.84. The AI MoonshotScore is 40/100, indicating a neutral outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
NTIC: 1/1 perspectives are bearish.
How is this calculated? →Northern Technologies International Corporation (NTIC) Materials & Commodity Exposure
Northern Technologies International Corporation provides rust and corrosion inhibiting solutions and bio-based polymers, operating globally under the ZERUST and Natur-Tec brands. Targeting automotive, electronics, and oil & gas sectors, NTIC leverages direct sales and strategic partnerships to maintain its market position in specialty chemicals.
What Is the Investment Thesis for NTIC?
Northern Technologies International Corporation presents a niche investment opportunity within the specialty chemicals sector, driven by its ZERUST and Natur-Tec brands. The company's global presence and diverse customer base mitigate geographical and sector-specific risks. A dividend yield of 0.50% provides a modest income stream. However, a negative profit margin of -0.9% warrants caution, indicating potential operational inefficiencies or market pressures. Future growth hinges on expanding the Natur-Tec product line to capitalize on increasing demand for bio-based polymers and improving overall profitability. Investors should monitor revenue growth, gross margin (currently at 37.0%), and the effectiveness of cost-reduction initiatives.
Based on FMP financials and quantitative analysis
NTIC Key Highlights
- NTIC operates in the specialty chemicals sector, focusing on rust and corrosion inhibiting solutions and bio-based polymers.
- The company's ZERUST brand serves industries like automotive, electronics, and oil & gas with corrosion prevention products.
- Natur-Tec offers bio-based and certified compostable polymer resin compounds, tapping into the growing demand for sustainable materials.
- NTIC employs a global sales strategy through direct sales, distributors, and strategic partnerships.
- The company has a dividend yield of 0.50%.
Who Are NTIC's Competitors?
NTIC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| HGRAF HydroGraph Clean Power Inc. | $3.43 | -3.11% | $1.20B | 69 |
| LWLG Lightwave Logic, Inc. | $7.46 | +1.29% | $1.15B | 69 |
| COOSF Carbios SAS | $6.50 | -9.09% | $109.66M | 69 |
| NVZMY Novozymes A/S | $63.45 | -2.53% | $29.58B | 62 |
| ELKEF Elkem ASA | $3.40 | +0.00% | $2.16B | 50 |
| GVDBF Givaudan S.A. | $3440.15 | -18.91% | $31.75B | 50 |
| AVNT Avient Corporation | $38.83 | +4.07% | $3.56B | 50 |
| HWKN Hawkins, Inc. | $139.44 | +0.69% | $2.92B | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NTIC's Key Strengths?
- Proprietary ZERUST corrosion inhibiting technology.
- Natur-Tec bio-based polymer solutions cater to sustainability trends.
- Global distribution network provides extensive market reach.
- Technical expertise and consulting services offer added value.
What Are NTIC's Weaknesses?
- Negative profit margin indicates potential financial challenges.
- Limited brand recognition compared to larger chemical companies.
- Dependence on specific industries may create cyclical vulnerability.
- Smaller market capitalization may limit access to capital.
What Could Drive NTIC Stock Higher?
- Expansion of the Natur-Tec product line to meet growing demand for bio-based and compostable materials.
- Increasing adoption of ZERUST corrosion inhibiting solutions in emerging markets.
- Strategic partnerships and joint ventures to expand market reach and product offerings.
What Are the Key Risks for NTIC?
- Negative return on equity (-1.1%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Fluctuations in raw material prices could impact profitability.
- Economic downturns in key industries could reduce demand for NTIC's products.
- Competition from larger chemical companies with greater resources.
- Changes in environmental regulations could increase compliance costs.
What Are the Growth Opportunities for NTIC?
- Expansion of Natur-Tec Product Line: The increasing demand for sustainable and bio-based materials presents a significant growth opportunity for NTIC's Natur-Tec brand. By expanding its portfolio of compostable polymer resin compounds and finished products, NTIC can capitalize on the growing market for eco-friendly alternatives to traditional plastics. The global bioplastics market is projected to reach $10.7 billion by 2027, offering substantial revenue potential for NTIC. This expansion requires investment in R&D and marketing to effectively compete with established players in the bioplastics industry.
- Penetration of Emerging Markets: NTIC can drive growth by expanding its presence in emerging markets, particularly in Asia and South America, where industrialization and infrastructure development are increasing the demand for corrosion protection solutions. These regions offer significant opportunities for NTIC to introduce its ZERUST products and services to new customers. Successful market entry requires adapting products to local conditions and building strong distribution networks. This expansion can be achieved through strategic partnerships and joint ventures.
- Strategic Acquisitions: NTIC could pursue strategic acquisitions to expand its product portfolio, geographic reach, and technological capabilities. Acquiring companies with complementary technologies or market access can accelerate NTIC's growth and enhance its competitive position. Potential acquisition targets could include companies specializing in advanced coatings, corrosion monitoring systems, or bio-based materials. Successful acquisitions require careful due diligence and integration to realize synergies and avoid integration challenges.
- Development of Advanced Corrosion Monitoring Systems: NTIC can leverage its expertise in corrosion prevention to develop and market advanced corrosion monitoring systems. These systems can provide real-time data on corrosion rates and environmental conditions, enabling customers to proactively manage corrosion risks and optimize maintenance schedules. The market for corrosion monitoring systems is growing, driven by the increasing need to extend the lifespan of infrastructure and equipment. This initiative requires investment in sensor technology, data analytics, and software development.
- Enhancement of Service Offerings: NTIC can enhance its service offerings by providing comprehensive corrosion management solutions, including on-site consulting, training, and technical support. These services can help customers effectively implement corrosion prevention strategies and optimize the performance of ZERUST products. By offering value-added services, NTIC can strengthen customer relationships and differentiate itself from competitors. This enhancement requires investment in technical expertise and customer support infrastructure.
What Opportunities Does NTIC Have?
- Expanding Natur-Tec product line to capitalize on growing demand for bio-based materials.
- Penetrating emerging markets with increasing industrialization and infrastructure development.
- Acquiring complementary technologies or businesses to expand product portfolio and market reach.
- Developing advanced corrosion monitoring systems to enhance service offerings.
What Threats Does NTIC Face?
- Fluctuations in raw material prices can impact profitability.
- Stringent environmental regulations may increase compliance costs.
- Competition from larger chemical companies with greater resources.
- Economic downturns may reduce demand from key industries.
What Are NTIC's Competitive Advantages?
- Proprietary ZERUST technology for corrosion inhibition.
- Portfolio of bio-based and compostable polymer resins under the Natur-Tec brand.
- Established global distribution network.
- Technical expertise in corrosion prevention and materials science.
What Does NTIC Do?
Founded in 1970 and headquartered in Circle Pines, Minnesota, Northern Technologies International Corporation (NTIC) develops and markets rust and corrosion inhibiting products and services worldwide. The company operates through its ZERUST and Natur-Tec brands. ZERUST focuses on rust and corrosion prevention, offering a range of products including plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions tailored for industries like oil and gas. Natur-Tec provides bio-based and certified compostable polymer resin compounds and finished products, catering to the growing demand for sustainable materials. NTIC's services extend beyond product offerings to include on-site and technical consulting, assisting clients in addressing rust and corrosion challenges. The company employs a multi-channel sales strategy, utilizing a direct sales force, a network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint ventures to reach diverse markets such as automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas.
What Products and Services Does NTIC Offer?
- Develops and markets rust and corrosion inhibiting products.
- Offers plastic and paper packaging with rust inhibitors.
- Provides rust-inhibiting liquids and coatings.
- Sells rust removers and cleaners.
- Offers bio-based and compostable polymer resin compounds under the Natur-Tec brand.
- Provides on-site technical consulting for corrosion prevention.
- Offers engineered solutions for the oil and gas industry.
How Does NTIC Make Money?
- Sells rust and corrosion inhibiting products under the ZERUST brand.
- Markets bio-based and compostable polymer resin compounds under the Natur-Tec brand.
- Provides on-site technical consulting services.
- Distributes products through a direct sales force, independent distributors, and strategic partners.
What Industry Does NTIC Operate In?
Northern Technologies International Corporation operates in the specialty chemicals industry, which is characterized by innovation and customized solutions. The market for corrosion inhibitors is driven by the need to protect infrastructure and equipment across various sectors, including automotive, oil and gas, and construction. The bio-based polymers market is experiencing growth due to increasing environmental awareness and demand for sustainable materials. NTIC competes with both large chemical companies and smaller specialized firms, differentiating itself through its integrated product and service offerings and its focus on both corrosion prevention and bio-based solutions. The specialty chemicals market is projected to grow at a steady pace, driven by industrial growth and technological advancements.
Who Are NTIC's Key Customers?
- Automotive industry
- Electronics manufacturers
- Oil and gas companies
- Electrical equipment manufacturers
- Military and defense sector
NTIC Valuation & Market Position
With a $83.91M market cap, Northern Technologies International Corporation sits in the micro-cap segment of the market. Relative to its peer group, NTIC's quantitative score of 40/100 is below the peer average of 64/100.
FY2026 estForward Outlook
Wall Street analysts project Northern Technologies International Corporation revenue of about $92.9M for fiscal 2026, with EPS near $0.15.
F-Score 1/9Financial Health
Northern Technologies International Corporation's Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 3.68 places it in the safe zone, indicating low near-term bankruptcy risk.
ROE -1%Key Financial Metrics
Return on equity for Northern Technologies International Corporation stands at -1.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.7%, showing how much profit it generates from its asset base. Its free cash flow yield is -5.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.81 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.9%, the inverse of the P/E and a quick read on earnings relative to price.
NTIC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that those closest to the business believe in its potential.
- Community sentiment has shifted positively, with discussions highlighting NTIC's innovative product lines and sustainable practices.
- Analysts have noted increased interest in eco-friendly technologies, aligning with NTIC's focus on environmental solutions.
- Recent contracts and partnerships have sparked optimism about revenue growth and market expansion opportunities.
Bear Case
- Some community members express concerns about the company's reliance on a few key clients, raising questions about revenue stability.
- Recent market developments in the sector have led to skepticism about NTIC's ability to compete against larger players.
- There are ongoing discussions about potential regulatory challenges that could impact NTIC's operations and profitability.
- Overall market volatility has led to cautious sentiment, with some investors wary of potential downturns affecting smaller companies like NTIC.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NTIC Latest News
No recent news available for NTIC.
NTIC Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NTIC.
Price Targets
Consensus target: $13.00
NTIC MoonshotScore
What does this score mean?
The MoonshotScore rates NTIC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest Northern Technologies International Corporation Analysis
Leadership: G. Patrick Lynch
CEO
G. Patrick Lynch serves as the CEO of Northern Technologies International Corporation. His background includes extensive experience in the specialty chemicals and materials science industries. Prior to joining NTIC, he held leadership positions at various companies focused on developing and marketing innovative solutions. His expertise spans strategic planning, product development, and global sales and marketing. He is responsible for guiding NTIC's overall strategy and driving growth across its ZERUST and Natur-Tec brands.
Track Record: Under G. Patrick Lynch's leadership, Northern Technologies International Corporation has focused on expanding its Natur-Tec product line and strengthening its global distribution network. Key milestones include the introduction of new bio-based polymer solutions and the expansion of the company's presence in emerging markets. He has also overseen efforts to improve operational efficiency and enhance customer service.
NTIC Basic Materials Stock FAQ
What does Northern Technologies International Corporation do?
Northern Technologies International Corporation (NTIC) specializes in developing and marketing rust and corrosion inhibiting products and bio-based polymer solutions. Operating under the ZERUST and Natur-Tec brands, NTIC serves diverse industries including automotive, electronics, and oil & gas. ZERUST offers corrosion prevention products, while Natur-Tec provides compostable polymer resins. NTIC's business model includes direct sales, distributors, and technical consulting, positioning it as a provider of both products and services in the specialty chemicals market.
What do analysts say about NTIC stock?
Analyst coverage of Northern Technologies International Corporation is limited, reflecting its small market capitalization. Key valuation metrics include price-to-sales and price-to-book ratios, which are used to assess its relative valuation compared to peers. Growth considerations center on the expansion of the Natur-Tec product line and penetration of emerging markets. Investors should monitor revenue growth, gross margin, and the effectiveness of cost-reduction initiatives to assess the company's financial performance and growth potential. Analyst consensus is Unknown.
What are the main risks for NTIC?
Northern Technologies International Corporation faces several risks, including fluctuations in raw material prices, which can impact profitability. Economic downturns in key industries, such as automotive and oil & gas, could reduce demand for NTIC's products. The company also faces competition from larger chemical companies with greater resources. Changes in environmental regulations could increase compliance costs, particularly for its Natur-Tec bio-based polymer solutions. These risks could impact NTIC's financial performance and growth prospects.
What are the key factors to evaluate for NTIC?
Northern Technologies International Corporation (NTIC) holds an AI score of 40/100 (low). P/E: 14.8x vs the S&P 500's ~20-25x. Analysts target $13.00 (+47%). Not financial advice.
How frequently does NTIC data refresh on this page?
NTIC prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NTIC's recent stock price performance?
Northern Technologies International Corporation (NTIC) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Proprietary ZERUST corrosion inhibiting technology. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NTIC overvalued or undervalued right now?
Northern Technologies International Corporation (NTIC) trades at 14.8x earnings. Analysts target $13.00 (+47%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying NTIC?
Before investing in Northern Technologies International Corporation (NTIC), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available company data and may be subject to change.
- Financial metrics are based on the most recent available data.