Sono-Tek (SOTK)


Market Price (9/23/2026): $4.815 | Market Cap: $75.7 MilSector: Information Technology | Industry: Electronic Equipment & Instruments

Sono-Tek (SOTK)


Market Price (9/23/2026): $4.815
Market Cap: $75.7 Mil
Sector: Information Technology
Industry: Electronic Equipment & Instruments

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%

Attractive yield
FCF Yield is 7.9%

Megatrend and thematic drivers
Megatrends include Automation & Robotics, Advanced Materials, and Hydrogen Economy. Themes include Factory Automation, Show more.

Weak multi-year price returns
2Y Excs Rtn is -21%, 3Y Excs Rtn is -89%

Key risks
SOTK key risks include its significant dependence on a limited number of major customers.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%
2 Attractive yield
FCF Yield is 7.9%
3 Megatrend and thematic drivers
Megatrends include Automation & Robotics, Advanced Materials, and Hydrogen Economy. Themes include Factory Automation, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -21%, 3Y Excs Rtn is -89%
5 Key risks
SOTK key risks include its significant dependence on a limited number of major customers.

SOTK in ETFs

Weight = SOTK's share of each fund

VTI0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/9/2026

Sono-Tek (SOTK) stock has lost about 5% since 5/31/2026 because of the following key factors:

1. Cautious Fiscal Year 2027 Revenue Outlook.

Sono-Tek's outlook for fiscal year 2027 (ending February 28, 2027), announced with its fiscal Q4 2026 results on May 28, 2026, projected revenue to be "relatively flat to modestly higher" compared to fiscal year 2026. This cautious guidance, influenced by "continued uncertainty in certain clean energy sectors and the timing of high ASP customer orders," likely tempered investor enthusiasm despite strong fiscal 2026 performance and contributed to a negative stock reaction of -8.5% on the day of the announcement.

2. Decline in Alternative Energy Revenue and Decreased Backlog.

During fiscal Q1 2027 (ended May 31, 2026), Sono-Tek experienced a significant decline in revenue from its Alternative Energy/Clean sector, which fell to $319,000 compared to $3.25 million in the prior-year period. Additionally, the company's backlog decreased to approximately $7.73 million at the end of fiscal Q1 2027, down from $9.12 million at the fiscal 2026 year-end (February 28, 2026).

Show more
Updated on 9/9/2026

Sono-Tek (SOTK) stock has lost about 5% since 5/31/2026 because of the following key factors:

1. Cautious Fiscal Year 2027 Revenue Outlook.

Sono-Tek's outlook for fiscal year 2027 (ending February 28, 2027), announced with its fiscal Q4 2026 results on May 28, 2026, projected revenue to be "relatively flat to modestly higher" compared to fiscal year 2026. This cautious guidance, influenced by "continued uncertainty in certain clean energy sectors and the timing of high ASP customer orders," likely tempered investor enthusiasm despite strong fiscal 2026 performance and contributed to a negative stock reaction of -8.5% on the day of the announcement.

2. Decline in Alternative Energy Revenue and Decreased Backlog.

During fiscal Q1 2027 (ended May 31, 2026), Sono-Tek experienced a significant decline in revenue from its Alternative Energy/Clean sector, which fell to $319,000 compared to $3.25 million in the prior-year period. Additionally, the company's backlog decreased to approximately $7.73 million at the end of fiscal Q1 2027, down from $9.12 million at the fiscal 2026 year-end (February 28, 2026).

3. Negative Analyst Sentiment and Valuation Concerns.

Analyst sentiment for Sono-Tek was mixed, with Weiss Ratings downgrading the stock to a "hold" rating on August 28, 2026. Furthermore, analysts anticipate a decrease in earnings per share for Sono-Tek in the coming year, projecting a decline of 36.36% from $0.11 to $0.07 per share. The company's price-to-earnings (P/E) ratio stood at 38.5 as of September 2, 2026, which is notably higher than the Electronic Equipment, Instruments & Components industry median of 30, suggesting potential overvaluation concerns.

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Stock Movement Drivers

Fundamental Drivers

The -4.5% change in SOTK stock from 5/31/2026 to 9/22/2026 was primarily driven by a -16.3% change in the company's P/E Multiple.
(LTM values as of)53120269222026Change
Stock Price ($)4.944.72-4.5%
Change Contribution By: 
Total Revenues ($ Mil)21212.5%
Net Income Margin (%)8.6%9.6%11.4%
P/E Multiple43.036.0-16.3%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution-4.5%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/22/2026
ReturnCorrelation
SOTK-4.5% 
Market (SPY)2.5%34.0%
Sector (XLK)2.9%39.0%

Fundamental Drivers

The 10.0% change in SOTK stock from 2/28/2026 to 9/22/2026 was primarily driven by a 24.6% change in the company's Net Income Margin (%).
(LTM values as of)22820269222026Change
Stock Price ($)4.294.7210.0%
Change Contribution By: 
Total Revenues ($ Mil)20215.0%
Net Income Margin (%)7.7%9.6%24.6%
P/E Multiple42.836.0-15.9%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution10.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/22/2026
ReturnCorrelation
SOTK10.0% 
Market (SPY)13.3%30.6%
Sector (XLK)41.8%33.7%

Fundamental Drivers

The 38.8% change in SOTK stock from 8/31/2025 to 9/22/2026 was primarily driven by a 38.8% change in the company's Net Income Margin (%).
(LTM values as of)83120259222026Change
Stock Price ($)3.404.7238.8%
Change Contribution By: 
Total Revenues ($ Mil)21214.0%
Net Income Margin (%)6.9%9.6%38.8%
P/E Multiple37.536.0-4.0%
Shares Outstanding (Mil)16160.1%
Cumulative Contribution38.8%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/22/2026
ReturnCorrelation
SOTK38.8% 
Market (SPY)21.2%22.1%
Sector (XLK)50.4%27.3%

Fundamental Drivers

The -2.9% change in SOTK stock from 8/31/2023 to 9/22/2026 was primarily driven by a -82.0% change in the company's P/E Multiple.
(LTM values as of)83120239222026Change
Stock Price ($)4.864.72-2.9%
Change Contribution By: 
Total Revenues ($ Mil)152146.7%
Net Income Margin (%)2.6%9.6%266.2%
P/E Multiple199.436.0-82.0%
Shares Outstanding (Mil)16160.2%
Cumulative Contribution-2.9%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2023 to 9/22/2026
ReturnCorrelation
SOTK-2.9% 
Market (SPY)78.3%10.6%
Sector (XLK)127.9%14.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SOTK Return223%-14%-16%-26%3%16%109%
Peers Return26%-11%15%-0%1%12%45%
S&P 500 Return27%-19%24%23%16%13%107%

Monthly Win Rates [3]
SOTK Win Rate42%58%42%50%42%44% 
Peers Win Rate67%38%57%53%55%49% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
SOTK Max Drawdown-25%-53%-34%-39%-26%-28% 
Peers Max Drawdown-13%-28%-19%-17%-23%-18% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NDSN, GGG, ITW, DOV, IEX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/22/2026 (YTD)

How Low Can It Go

EventSOTKS&P 500
2025 US Tariff Shock
  % Loss-12.3%-18.8%
  % Gain to Breakeven14.0%23.1%
  Time to Breakeven14 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-10.8%-9.5%
  % Gain to Breakeven12.1%10.5%
  Time to Breakeven15 days24 days
2023 SVB Regional Banking Crisis
  % Loss-18.5%-6.7%
  % Gain to Breakeven22.7%7.1%
  Time to Breakeven250 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-45.5%-24.5%
  % Gain to Breakeven83.3%32.4%
  Time to Breakeven109 days427 days
2020 COVID-19 Crash
  % Loss-20.7%-33.7%
  % Gain to Breakeven26.1%50.9%
  Time to Breakeven3 days140 days
2013 Taper Tantrum
  % Loss-12.9%-0.2%
  % Gain to Breakeven14.8%0.2%
  Time to Breakeven2 days1 days

Compare to NDSN, GGG, ITW, DOV, IEX

In The Past

Sono-Tek's stock fell -12.3% during the 2025 US Tariff Shock. Such a loss loss requires a 14.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSOTKS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-45.5%-24.5%
  % Gain to Breakeven83.3%32.4%
  Time to Breakeven109 days427 days
2020 COVID-19 Crash
  % Loss-20.7%-33.7%
  % Gain to Breakeven26.1%50.9%
  Time to Breakeven3 days140 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-27.6%-17.9%
  % Gain to Breakeven38.1%21.8%
  Time to Breakeven2355 days123 days
2008-2009 Global Financial Crisis
  % Loss-65.3%-53.4%
  % Gain to Breakeven188.5%114.4%
  Time to Breakeven254 days1085 days

Compare to NDSN, GGG, ITW, DOV, IEX

In The Past

Sono-Tek's stock fell -12.3% during the 2025 US Tariff Shock. Such a loss loss requires a 14.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Sono-Tek (SOTK)

Sono-Tek Corporation (SOTK) specializes in designing and manufacturing advanced ultrasonic coating systems. These systems are engineered to precisely apply various coatings onto parts and components, utilizing ultrasonic technology to ensure uniformity and efficiency in the application process.

The company's product portfolio encompasses integrated multi-axis and standard coating systems, fluxing systems, and OEM (Original Equipment Manufacturer) systems designed for integration into other machinery. Sono-Tek also supplies proprietary nozzles and generators for manufacturers' equipment. These innovative solutions cater to a broad spectrum of critical global markets, including microelectronics/electronics, alternative energy, medical, industrial, and research and development sectors.

AI Analysis | Feedback

Here are 1-2 brief analogies for Sono-Tek (SOTK):

  • Nordson for ultrasonic coating systems.
  • Applied Materials for high-precision coating equipment.

AI Analysis | Feedback

  • Integrated Multi-Axis Coating Systems: Automated systems providing precise coating application along multiple axes.
  • Integrated Coating Systems: Complete systems designed to apply various coatings efficiently.
  • Fluxing Systems: Specialized systems for applying flux coatings in manufacturing processes.
  • Custom-Engineered Ultrasonic Coating Systems: Systems developed specifically to meet unique customer application requirements.
  • OEM Systems: Ultrasonic coating components or sub-systems designed for integration into other manufacturers' equipment.
  • Patented Nozzles and Generators: Core components that produce ultrasonic vibrations for precise coating application, supplied for integration into manufacturers' equipment.

AI Analysis | Feedback

Sono-Tek (SOTK) Major Customers

Sono-Tek Corporation primarily sells its ultrasonic coating systems, custom-engineered systems, nozzles, and generators to other businesses (B2B) across various industrial and scientific sectors. Public filings indicate that Sono-Tek does not have any single customer that accounts for 10% or more of its net sales, meaning its customer base is diversified and no individual "major customer" company is disclosed.

Instead, Sono-Tek serves a broad range of companies within the following key market categories:

  • Companies in the **microelectronics/electronics** industry, applying coatings to parts and components.
  • Manufacturers and researchers in the **alternative energy** sector.
  • Businesses and institutions involved in the **medical** field.
  • Various other **industrial** companies.
  • **Research and development** (R&D) organizations and other specialized markets.

Due to the diversified nature of its customer base and the lack of disclosure of individual major customers, specific customer company names with their symbols cannot be provided.

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R. Stephen Harshbarger, CEO & President

Mr. Harshbarger has over 30 years of experience in ultrasonic coating equipment for various industries. He joined Sono-Tek in 1993, became President in 2012, was elected a Director in 2013, and assumed the Chief Operating Officer position in August 2020. As President, he directed the Company's Sales, Marketing, Engineering, Service, and Manufacturing Operations. Prior to joining Sono-Tek, he was the Sales and Marketing Manager for Plasmaco Inc., where he established that company's distribution network, participated in venture capital funding, and introduced the first flat panel technology to Wall Street trading floors.

Stephen J. Bagley, CPA, CFO

Mr. Bagley joined Sono-Tek as Chief Financial Officer in 2005. From 1987 to 1991, he worked in public accounting. From 1992 to 2005, he held various leadership positions as Controller, Chief Financial Officer, and Vice President of Finance for companies with up to $45,000,000 in revenues. He was licensed as a CPA in 1990.

Dr. Christopher L. Coccio, Executive Chairman

Dr. Coccio joined Sono-Tek as a Director in 1998 and was appointed President and Chief Executive Officer in 2001, later becoming Chairman in 2007. He transitioned to Executive Chairman at the beginning of 2024. Earlier in his career, he held various engineering, sales, marketing, and management positions at General Electric Company. He founded a management consulting business in 1996 and served as Vice President of Business Development and a Board of Advisors member for Accumetrics Associates, Inc. from 1998 to 2001.

Chris Cichetti, COO

Mr. Cichetti assumed the role of Chief Operating Officer in March 2025. He joined Sono-Tek in 2005 as an Electrical Engineer and has held several leadership roles within the company, including Application Engineer, Senior Application Engineer, Manager of the Application Engineering Department, and Vice President of Sales & Applications Engineering. He was instrumental in the creation and development of Sono-Tek's Application Engineering department.

AI Analysis | Feedback

The key risks to Sono-Tek's (SOTK) business are primarily associated with its specialized market focus, susceptibility to geopolitical tensions, and intense competition from larger, more diversified industry players.

  1. Niche Market, Customer Concentration, and Revenue Volatility: Sono-Tek operates within a narrow niche of ultrasonic spray coating technology for advanced manufacturing processes, which, while offering a competitive advantage, also presents its greatest vulnerability. As a micro-cap company with annual revenues under $20 million, its financial performance is highly dependent on a limited number of customers and specific end markets. The sales cycle for its equipment can be protracted and inconsistent, leading to significant fluctuations in quarterly revenue and profitability. For instance, in fiscal years 2024 and 2023, the two largest customers accounted for approximately 12% and 14% of net sales, respectively. The loss of a major customer or a reduction in their orders could materially reduce net sales and adversely affect the company's financial results. Unlike larger, more diversified competitors, Sono-Tek lacks the scale to absorb market downturns in one sector with strength in another, making its stock inherently more volatile and its growth trajectory less predictable.
  2. Geopolitical Risks and Export Controls: Sono-Tek's business is significantly exposed to geopolitical risks, particularly the ongoing US-China trade tensions and their impact on export controls. The intensifying technology competition between the US and China poses a major headwind for Sono-Tek's microelectronics business. Expanded US Department of Commerce export controls on advanced chips and semiconductor manufacturing equipment directly scrutinize the application of Sono-Tek's ultrasonic coating systems in this sector, leading to substantial cost and market uncertainty, especially for international sales. This creates a high-stakes environment where political tensions can directly clash with technological necessities.
  3. Competition from Larger, More Diversified Companies: Sono-Tek operates as a pure-play specialist, which means it faces competition from industry titans like Nordson Corporation and MKS Instruments, Inc., which possess significantly larger scale, global footprints, and diversified portfolios across numerous industries. Sono-Tek cannot compete with the sheer scale, market entrenchment, and alignment with major secular growth trends that these larger companies, particularly MKS Instruments in the semiconductor industry, hold. Similarly, Spraying Systems Co. is a dominant global leader with a broad product line that Sono-Tek cannot match. While Sono-Tek's specialized, patented technology provides a niche moat, the extensive resources and market presence of these larger competitors pose a continuous competitive threat.

AI Analysis | Feedback

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AI Analysis | Feedback

Sono-Tek (symbol: SOTK) designs and manufactures ultrasonic coating systems that cater to a variety of addressable markets globally, including microelectronics/electronics, alternative energy, medical, industrial, and research and development sectors.

Global Addressable Markets for Sono-Tek's Main Products and Services:

  • Overall Ultrasonic Coating Systems Market: The global ultrasonic coating systems market size was estimated at approximately USD 12.76 billion in 2021, growing to USD 18.75 billion in 2025, and is projected to reach USD 40.49 billion by 2033, at a Compound Annual Growth Rate (CAGR) of 10.1% during the period of 2025 to 2033. Another estimate indicates the global ultrasonic coating systems market was valued at USD 15.23 billion in 2025 and is projected to exceed USD 40 billion by 2033, with a CAGR of 10.3%. More recently, the global ultrasonic coating systems market size is anticipated to be valued at USD 22.55 billion in 2026, with a projected growth to USD 54.49 billion by 2035 at a CAGR of 10.3% from 2026 to 2035.
  • Ultrasonic Spray Coater Market (a significant segment within ultrasonic coating systems): This global market was valued at USD 392.5 million in 2025 and is projected to grow to USD 698.3 million by 2034, exhibiting a CAGR of 6.4%. Another report states the global ultrasonic spray coater market size was $374.633 million in 2021, is expected to reach $552.5 million by the end of 2025, and is projected to become $1201.67 million by 2033, growing at a CAGR of 10.2% during 2025 to 2033.
  • Medical Device Coating Market: Sono-Tek provides solutions for medical device coatings. The global medical device coating market size was valued at USD 12.66 billion in 2024 and is anticipated to grow from USD 13.41 billion in 2025 to reach USD 21.19 billion by 2033, exhibiting a CAGR of 5.89% during the forecast period (2025–2033). Another estimate places the global medical device coatings market size at USD 16.27 billion in 2025, projected to reach USD 30.01 billion by 2033, growing at a CAGR of 7.9% from 2026 to 2033. North America is the most significant shareholder in this market.
  • Electronics and Energy Sectors: These are key application areas for ultrasonic coating systems. The semiconductor industry, for example, is projected to maintain a CAGR exceeding 6% through 2030, driving the adoption of ultrasonic spray coating technology. Sono-Tek's technology is also utilized for fuel cells, CO2 reduction, and hydrogen generation.
  • Industrial and Research & Development Markets: Ultrasonic coating systems also have wide applications in various industrial sectors and are used in research and development for diverse fields.

AI Analysis | Feedback

Sono-Tek (SOTK) is expected to experience future revenue growth driven by several key factors over the next 2-3 years:

  1. Growth in the Medical Device Market: Sono-Tek anticipates increased demand for its ultrasonic coating systems in the medical device industry, particularly for high-volume production systems. The company has a history of providing solutions for medical devices like stents, balloons, and diagnostic equipment. Recent large orders, including those valued at over $5 million, $2.8 million, and an $820,000 order for diagnostic medical device coating systems, underscore this growth trajectory across multiple customers and programs.
  2. Expansion in Semiconductor and Microelectronics Applications: The company is broadening its expertise and market reach in the semiconductor and microelectronics sectors. Sono-Tek's solutions are increasingly being adopted by customers developing next-generation chips, displays, and sensors. Strategic investments in larger, more complex systems and expansion into the 300mm semiconductor segment are expected to enlarge the addressable market and increase average selling prices within this growing industry.
  3. Advancements in Clean Energy (Alternative Energy) Applications: Sono-Tek's ultrasonic coating technologies are playing a significant role in the rapidly expanding clean energy sector. This includes applications in fuel cells, carbon capture, advanced solar cells, and green hydrogen generation. The company has reported strong shipments to the alternative/clean energy market and continued success with key strategic partners in solar energy, contributing to increased sales of its integrated coating and multi-axis coating systems.
  4. Transition to Higher-Value, High-Volume Production Systems: Sono-Tek's product line is evolving from primarily research and development tools to high-volume production machines with significantly higher average selling prices (ASPs). This strategic shift enables the company to offer more complex and complete solutions, broadening its addressable market and substantially impacting quarterly revenue. Individual system prices for larger machines can now reach $300,000 to over $1 million, representing a meaningful step forward in system capability and throughput.

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Share Repurchases

  • Sono-Tek's Board of Directors authorized a share repurchase program of up to $2.0 million of its outstanding common stock on November 4, 2024.
  • The company anticipates funding this repurchase program through existing cash on hand and future cash flows.
  • In the third quarter of fiscal year 2025 (ending November 30, 2024), Sono-Tek repurchased shares amounting to approximately $71,643.

Capital Expenditures

  • For fiscal year 2024 (ended February 28, 2024), Sono-Tek's capital expenditures totaled approximately $800,000.
  • Capital expenditures for the first nine months of fiscal year 2025 (ended November 30, 2024) were $403,000, primarily invested in ongoing upgrades to the company's manufacturing facilities.
  • Sono-Tek anticipated total capital expenditures of approximately $500,000 for the full fiscal year 2025.

Better Bets vs. Sono-Tek (SOTK)

Peer Outperformance in Electronic Equipment & Instruments

SOTK has outperformed 60% of its 25 Electronic Equipment & Instruments peers over 5Y. Among the peers that beat it is OSIS. Electronic Equipment & Instruments ranks 9th of 12 industries in Information Technology by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Electronic Equipment & Instruments constituents that SOTK has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
67%
of 30 industry peers · 10.3% return
3Y
26%
of 27 industry peers · -13.4% return
5Y
60%
of 25 industry peers · 27.6% return
Electronic Equipment & Instruments peers with revenue growth within 4pp of SOTK's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
SOTK Sono-Tek 15.4% 36.0x 10.3%-13.4%27.6%
OSIS OSI Systems 12.0% 21.1x -15.4%76.9%114.2% +87pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Information Technology sector, ranked by 5Y. Electronic Equipment & Instruments is SOTK's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 62.3%191.7%280.0% TTMI 923% · FLEX 732% · SANM 453%
Semiconductor Materials & Equipment 27 105.5%97.6%109.4% AXTI 794% · AEHR 754% · LRCX 434%
Technology Distributors 9 31.2%74.9%96.3% CLMB 393% · AVT 198% · SNX 169%
Communications Equipment 36 14.9%82.3%72.4% AAOI 1394% · FEIM 1016% · LITE 1006%
Electronic Components 26 37.7%74.9%69.1% CLS 3582% · BELFA 1352% · COHR 406%
Semiconductors 55 24.9%42.6%40.2% POET 1906% · MU 1418% · NVDA 922%
Technology Hardware, Storage & Peripherals 20 33.2%95.1%37.9% STX 1145% · DELL 1068% · SMCI 1008%
Internet Services & Infrastructure 6 8.7%54.9%32.4% DOCN 67% · VRSN 41% · GDDY 37%
Electronic Equipment & Instruments ← 26 -14.1%13.0%-10.6% PI 194% · OSIS 114% · ACFN 100%
IT Consulting & Other Services 30 -26.5%-16.8%-38.5% CHRN 557795% · APLD 1259% · TSSI 745%
Application Software 125 -31.1%-14.2%-47.5% VIDA 151567% · INLX 5065% · PLTR 543%
Systems Software 74 -21.5%12.2%-58.8% QNC 510% · ZETA 384% · PANW 365%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Title
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SOTKNDSNGGGITWDOVIEXMedian
NameSono-Tek Nordson Graco Illinois.Dover IDEX  
Mkt Price4.72319.6777.64270.47186.54225.69206.12
Mkt Cap0.117.812.777.525.116.717.3
Rev LTM212,9802,26716,4698,4213,5853,283
Op Inc LTM28016224,3641,420754778
FCF LTM67246292,9211,172642683
FCF 3Y Avg26125662,825939623617
CFO LTM67736733,3301,390717745
CFO 3Y Avg26706573,2581,136693681

Growth & Margins

SOTKNDSNGGGITWDOVIEXMedian
NameSono-Tek Nordson Graco Illinois.Dover IDEX  
Rev Chg LTM4.0%7.0%4.6%4.3%7.6%7.3%5.8%
Rev Chg 3Y Avg15.4%4.8%1.2%0.8%2.6%2.6%2.6%
Rev Chg Q10.3%10.3%3.3%6.1%6.9%6.4%6.6%
QoQ Delta Rev Chg LTM2.5%2.6%0.8%1.5%1.7%1.6%1.6%
Op Inc Chg LTM78.4%16.4%7.8%6.4%11.0%9.6%10.3%
Op Inc Chg 3Y Avg226.2%6.6%0.9%3.5%4.2%-1.2%3.8%
Op Mgn LTM10.4%26.9%27.4%26.5%16.9%21.0%23.8%
Op Mgn 3Y Avg7.9%25.7%27.7%26.3%16.4%21.1%23.4%
QoQ Delta Op Mgn LTM1.7%0.1%0.6%0.1%0.2%0.1%0.1%
CFO/Rev LTM28.5%26.0%29.7%20.2%16.5%20.0%23.1%
CFO/Rev 3Y Avg9.4%23.8%29.9%20.2%14.2%20.6%20.4%
FCF/Rev LTM27.3%24.3%27.8%17.7%13.9%17.9%21.1%
FCF/Rev 3Y Avg7.1%21.7%25.7%17.6%11.7%18.5%18.0%

Valuation

SOTKNDSNGGGITWDOVIEXMedian
NameSono-Tek Nordson Graco Illinois.Dover IDEX  
Mkt Cap0.117.812.777.525.116.717.3
P/S3.56.05.64.73.04.74.7
P/Op Inc33.122.220.417.817.722.121.3
P/EBIT33.123.319.417.516.522.420.9
P/E36.032.123.824.322.232.128.2
P/CFO12.123.018.923.318.123.321.0
Total Yield2.8%4.1%5.7%6.5%5.6%4.4%5.0%
Dividend Yield0.0%1.0%1.5%2.4%1.1%1.3%1.2%
FCF Yield 3Y Avg1.3%4.4%4.3%3.9%3.5%4.2%4.0%
D/E0.00.10.00.10.10.10.1
Net D/E-0.20.1-0.00.10.10.10.1

Returns

SOTKNDSNGGGITWDOVIEXMedian
NameSono-Tek Nordson Graco Illinois.Dover IDEX  
1M Rtn-13.8%-3.5%-3.7%-4.2%-7.4%-3.7%-4.0%
3M Rtn-11.8%10.2%5.1%4.0%-16.3%2.4%3.2%
6M Rtn18.6%19.4%-8.5%3.3%-13.0%17.8%10.6%
12M Rtn10.3%43.6%-6.8%6.3%10.7%42.6%10.5%
3Y Rtn-13.4%48.1%10.1%23.7%36.5%13.6%18.6%
1M Excs Rtn-15.0%-4.7%-4.9%-5.4%-8.5%-4.9%-5.1%
3M Excs Rtn-17.2%4.7%-0.3%-1.4%-21.8%-3.0%-2.2%
6M Excs Rtn-2.9%1.8%-26.2%-13.8%-29.7%2.5%-8.3%
12M Excs Rtn-3.3%27.3%-23.5%-10.6%-6.5%25.7%-4.9%
3Y Excs Rtn-88.7%-30.6%-67.2%-53.2%-40.9%-64.7%-59.0%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Multi-Axis Coating Systems81110710
Integrated Coating Systems74311
Other44   
Original Equipment Manufacturers (OEM) Systems11222
Fluxing Systems10111
Spare Parts, Services and Other  443
Total2121201517


Net Income by Segment
$ Mil2017
Ultrasonic Spraying0
Rental Real Estate Operations-0
Total0


Assets by Segment
$ Mil20172016201520142013
Ultrasonic Spraying88877
Rental Real Estate Operations22332
Total111111109


Price Behavior

Price Behavior
Market Price$4.72 
Market Cap ($ Bil)0.1 
First Trading Date02/23/2007 
Distance from 52W High-22.9% 
   50 Days200 Days
DMA Price$5.10$4.61
DMA Trendupdown
Distance from DMA-7.4%2.3%
 3M1YR
Volatility63.9%52.3%
Downside Capture246.69114.55
Upside Capture122.00105.17
Correlation (SPY)25.2%23.0%
SOTK Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta-0.381.071.471.230.830.28
Up Beta1.081.080.611.070.340.14
Down Beta-2.070.921.460.940.950.21
Up Capture-55%63%210%162%122%13%
Bmk +ve Days10213268138427
Stock +ve Days10192957114345
Down Capture-180%177%157%125%84%70%
Bmk -ve Days11213259113324
Stock -ve Days11233568133384

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOTK
SOTK13.2%52.3%0.41-
Sector ETF (XLK)41.7%26.5%1.2828.1%
Equity (SPY)17.6%13.0%0.9823.0%
Gold (GLD)18.0%29.3%0.568.2%
Commodities (DBC)46.6%20.7%1.75-11.2%
Real Estate (VNQ)5.2%13.6%0.12-6.6%
Bitcoin (BTCUSD)-26.0%44.9%-0.544.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOTK
SOTK6.9%56.3%0.32-
Sector ETF (XLK)21.1%26.0%0.7210.2%
Equity (SPY)13.3%17.2%0.598.9%
Gold (GLD)18.9%18.8%0.813.9%
Commodities (DBC)10.8%19.6%0.43-0.8%
Real Estate (VNQ)1.0%18.9%-0.052.3%
Bitcoin (BTCUSD)12.7%52.6%0.422.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOTK
SOTK9.2%57.6%0.50-
Sector ETF (XLK)25.0%25.0%0.9012.4%
Equity (SPY)15.4%17.9%0.7312.2%
Gold (GLD)12.2%16.4%0.614.8%
Commodities (DBC)8.3%18.1%0.370.8%
Real Estate (VNQ)4.7%20.7%0.198.0%
Bitcoin (BTCUSD)64.0%66.2%1.045.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 815202683.4%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity15.7 Mil
Short % of Basic Shares0.1%

Earnings Returns History

Updated 9/23/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/20/20262.3%-6.0%-10.3%
5/28/2026-8.5%-1.1%0.2%
1/13/2026-0.5%-1.9%-0.7%
11/12/2025-0.5%-10.2%-18.6%
9/3/20257.2%19.1%33.2%
7/10/2025-0.5%-5.3%-13.0%
4/23/20253.1%3.6%-1.6%
1/13/2025-3.9%-0.0%-0.5%
...
SUMMARY STATS   
# Positive171312
# Negative91314
Median Positive3.1%3.7%0.6%
Median Negative-3.6%-4.3%-10.0%
Max Positive44.2%56.2%45.2%
Max Negative-12.3%-14.3%-39.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/20/20262.3%-6.0%-10.3%
5/28/2026-8.5%-1.1%0.2%
1/13/2026-0.5%-1.9%-0.7%
11/12/2025-0.5%-10.2%-18.6%
9/3/20257.2%19.1%33.2%
7/10/2025-0.5%-5.3%-13.0%
4/23/20253.1%3.6%-1.6%
1/13/2025-3.9%-0.0%-0.5%
10/15/20243.9%3.7%0.9%
7/11/20245.1%11.3%-5.1%
5/23/2024-0.2%-7.3%-11.5%
12/14/20238.2%8.4%17.7%
10/12/20234.1%-4.3%-8.6%
7/13/20231.1%-2.7%-9.9%
5/25/2023-6.2%-2.0%-2.1%
1/17/2023-3.6%-13.2%-10.2%
7/18/2022-12.3%-14.3%-27.3%
5/24/202211.0%-0.3%17.8%
3/16/202211.2%56.2%45.2%
1/12/20221.0%5.2%-39.4%
10/13/202144.2%21.1%30.0%
7/13/20210.0%0.0%0.0%
5/28/20210.0%0.0%0.0%
3/15/20210.0%0.0%0.0%
1/15/20210.0%0.0%0.0%
10/14/20200.0%0.0%0.0%
SUMMARY STATS   
# Positive171312
# Negative91314
Median Positive3.1%3.7%0.6%
Median Negative-3.6%-4.3%-10.0%
Max Positive44.2%56.2%45.2%
Max Negative-12.3%-14.3%-39.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
05/31/202607/08/202610-Q
02/28/202605/28/202610-K
11/30/202501/13/202610-Q
08/31/202510/14/202510-Q
05/31/202507/10/202510-Q
02/28/202505/28/202510-K
11/30/202401/13/202510-Q
08/31/202410/15/202410-Q
05/31/202407/11/202410-Q
02/29/202405/23/202410-K
11/30/202301/16/202410-Q
08/31/202310/12/202310-Q
05/31/202307/13/202310-Q
02/28/202305/25/202310-K
11/30/202201/17/202310-Q
08/31/202210/17/202210-Q
Collapse to Preview
Report DateFiling DateFiling
05/31/202607/08/202610-Q
02/28/202605/28/202610-K
11/30/202501/13/202610-Q
08/31/202510/14/202510-Q
05/31/202507/10/202510-Q
02/28/202505/28/202510-K
11/30/202401/13/202510-Q
08/31/202410/15/202410-Q
05/31/202407/11/202410-Q
02/29/202405/23/202410-K
11/30/202301/16/202410-Q
08/31/202310/12/202310-Q
05/31/202307/13/202310-Q
02/28/202305/25/202310-K
11/30/202201/17/202310-Q
08/31/202210/17/202210-Q
05/31/202207/15/202210-Q
02/28/202205/24/202210-K
11/30/202101/12/202210-Q
08/31/202110/13/202110-Q
05/31/202107/13/202110-Q
02/28/202105/28/202110-K
11/30/202001/14/202110-Q
08/31/202010/15/202010-Q
05/31/202007/15/202010-Q
02/29/202005/29/202010-K
11/30/201901/14/202010-Q
08/31/201910/15/201910-Q

Recent Forward Guidance

Updated 8/21/2026

Latest: Q4 2026 Earnings Reported 8/20/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2027 RevenueReported     AffirmedGuidance: 0 for 2027


Prior: Q4 2026 Earnings Reported 5/28/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2027 RevenueReported 20.91 Mil    

Q3 2026 Earnings Reported 1/13/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Revenue GrowthReported     Affirmed

Q2 2026 Earnings Reported 11/12/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Capital ExpendituresReported 0.30 Mil    

Insider Activity

Updated 8/24/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Bagley, Stephen JamesCFODirectSell80320265.138,34642,815109,033Form
2Bagley, Stephen JamesCFODirectSell72920265.081,2006,090150,220Form
3Bagley, Stephen JamesCFODirectSell72720265.433,45418,759167,275Form
4Coccio, Christopher LDirectSell72320265.3817,00091,3751,571,903Form
5Lawal, AdeniyiDirectBuy32420264.122,4009,8889,888Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Bagley, Stephen JamesCFODirectSell80320265.138,34642,815109,033Form
2Bagley, Stephen JamesCFODirectSell72920265.081,2006,090150,220Form
3Bagley, Stephen JamesCFODirectSell72720265.433,45418,759167,275Form
4Coccio, Christopher LDirectSell72320265.3817,00091,3751,571,903Form
5Lawal, AdeniyiDirectBuy32420264.122,4009,8889,888Form
6Coccio, Christopher LDirectSell102420254.7812,32058,8931,479,249Form
7Coccio, Christopher LDirectSell102320254.664,31220,0751,498,043Form
8Bagley, Stephen JamesCFODirectSell82020253.34299999114,408Form
9Bagley, Stephen JamesCFODirectSell82020253.369983,353118,101Form
10Bagley, Stephen JamesCFODirectSell82020253.343011,005116,392Form
11Bagley, Stephen JamesCFODirectSell82020253.35295988115,753Form
12Bagley, Stephen JamesCFODirectSell81120253.333501,166120,370Form
Core Cache Last Updated: 9/22/2026