Eltek Financials
ELTK Stock | USD 11.04 0.03 0.27% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.18 | 0.2053 |
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Current Ratio | 2.26 | 2.1534 |
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Investors should never underestimate Eltek's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Eltek's cash flow, debt, and profitability to make informed and accurate decisions about investing in Eltek.
Net Income |
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Eltek | Select Account or Indicator |
Understanding current and past Eltek Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eltek's financial statements are interrelated, with each one affecting the others. For example, an increase in Eltek's assets may result in an increase in income on the income statement.
Eltek Earnings Geography
Eltek Stock Summary
Eltek competes with Desktop Metal, Fabrinet, Knowles Cor, Ubiquiti Networks, and Viavi Solutions. Eltek Ltd. manufactures, markets, and sells printed circuit boards in Israel, Europe, North America, India, the Netherlands, and internationally. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 264 people.Specialization | Information Technology, Technology Hardware & Equipment |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | IL0010828411 |
CUSIP | M40184208 M40184109 |
Location | Israel |
Business Address | Sgoola Industrial Zone, |
Sector | Electronic Equipment, Instruments & Components |
Industry | Information Technology |
Benchmark | Dow Jones Industrial |
Website | www.nisteceltek.com |
Phone | 972 3 939 5050 |
Currency | USD - US Dollar |
Eltek Key Financial Ratios
Return On Equity | 0.19 | ||||
Profit Margin | 0.13 % | ||||
Operating Margin | 0.04 % | ||||
Price To Sales | 1.60 X | ||||
Revenue | 46.7 M |
Eltek Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.8M | 35.2M | 42.8M | 41.5M | 47.2M | 28.0M | |
Other Current Liab | 206K | 3.1M | 2.6M | 3.3M | 5.7M | 6.0M | |
Net Debt | 6.8M | 6.5M | 4.5M | 3.9M | (2.6M) | (2.5M) | |
Retained Earnings | (19.7M) | (17.1M) | (12.1M) | (9.9M) | (4.8M) | (5.1M) | |
Accounts Payable | 4.7M | 4.5M | 4.0M | 4.8M | 7.5M | 6.0M | |
Cash | 1.6M | 4.7M | 9.3M | 7.4M | 9.3M | 9.7M | |
Net Receivables | 7.6M | 9.1M | 7.0M | 10.4M | 11.3M | 7.9M | |
Inventory | 3.7M | 3.7M | 4.9M | 5.1M | 6.1M | 4.3M | |
Total Liab | 16.6M | 19.9M | 21.7M | 20.5M | 20.3M | 18.3M | |
Total Current Assets | 13.5M | 18.8M | 22.6M | 23.4M | 30.1M | 15.3M | |
Short Term Debt | 7.0M | 2.2M | 2.6M | 2.4M | 789K | 749.6K | |
Other Current Assets | 530K | 1.2M | 1.2M | 504K | 547K | 509.2K | |
Other Liab | 313K | 422K | 344K | 280K | 252K | 349.8K | |
Long Term Debt | 387K | 1.5M | 3.9M | 2.8M | 2.5M | 1.8M | |
Other Assets | 60K | 126K | 3.9M | 2.8M | 3.2M | 3.3M | |
Net Tangible Assets | 6.3M | 15.3M | 21.1M | 21.0M | 24.2M | 25.4M | |
Short Long Term Debt | 5.6M | 676K | 708K | 702K | 631.8K | 600.2K | |
Net Invested Capital | 12.2M | 17.4M | 25.7M | 24.5M | 26.9M | 20.4M | |
Net Working Capital | (1.2M) | 9.1M | 13.3M | 12.9M | 16.1M | 16.9M |
Eltek Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 306K | 337K | 488K | 129K | 122K | 115.9K | |
Total Revenue | 34.8M | 36.7M | 33.8M | 39.7M | 46.7M | 38.2M | |
Gross Profit | 6.0M | 7.7M | 6.9M | 8.3M | 13.1M | 13.8M | |
Operating Income | 1.4M | 3.0M | 1.9M | 3.0M | 7.3M | 7.7M | |
Ebit | 1.4M | 3.0M | 1.9M | 3.0M | 7.8M | 8.2M | |
Ebitda | 2.9M | 4.6M | 3.7M | 4.5M | 9.2M | 9.6M | |
Cost Of Revenue | 28.8M | 29.0M | 26.9M | 31.4M | 33.6M | 31.9M | |
Net Income | 1.8M | 2.6M | 5.0M | 3.2M | 6.4M | 6.7M | |
Income Tax Expense | 77K | 71K | (3.5M) | 664K | 1.4M | 1.4M | |
Income Before Tax | 1.9M | 2.7M | 1.5M | 3.9M | 7.7M | 8.1M | |
Research Development | 16K | 2K | 78K | 92K | 85K | 53.6K | |
Tax Provision | 77K | 71K | (3.5M) | 664K | 1.4M | 1.4M | |
Interest Income | 298K | 475K | 440K | 0.0 | 148K | 192.9K | |
Net Interest Income | (335K) | (337K) | (75K) | (137K) | 47K | 49.4K |
Eltek Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 175K | 290K | (1.0M) | (806K) | (1.1M) | (1.1M) | |
Change In Cash | 636K | 3.1M | 4.5M | (1.9M) | 1.9M | 2.0M | |
Free Cash Flow | 1.8M | 2.2M | 2.3M | 802K | 6.4M | 6.8M | |
Depreciation | 1.5M | 1.6M | 1.8M | 1.5M | 1.3M | 1.7M | |
Other Non Cash Items | 78K | (16K) | 5.0M | 2.6M | (653K) | 23.8K | |
Capital Expenditures | 806K | 1.1M | 1.5M | 3.0M | 2.4M | 1.4M | |
Net Income | 1.8M | 2.6M | 5.0M | 3.2M | 6.4M | 6.7M | |
End Period Cash Flow | 1.6M | 4.7M | 9.3M | 7.4M | 9.3M | 9.7M | |
Change To Netincome | 235K | 125K | 121K | (3.4M) | (3.0M) | (2.9M) | |
Net Borrowings | (4.4M) | (4.8M) | 2.1M | (669K) | (602.1K) | (632.2K) | |
Investments | (806K) | (1.1M) | (1.6M) | (3.0M) | (3.0M) | (2.8M) |
Eltek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eltek's current stock value. Our valuation model uses many indicators to compare Eltek value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eltek competition to find correlations between indicators driving Eltek's intrinsic value. More Info.Eltek is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about 0.43 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eltek is roughly 2.33 . At this time, Eltek's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eltek by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Eltek Systematic Risk
Eltek's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eltek volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Eltek correlated with the market. If Beta is less than 0 Eltek generally moves in the opposite direction as compared to the market. If Eltek Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eltek is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eltek is generally in the same direction as the market. If Beta > 1 Eltek moves generally in the same direction as, but more than the movement of the benchmark.
Eltek Thematic Clasifications
Eltek is part of several thematic ideas from Israel Wall Street to Electronic Equipment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Eltek Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eltek's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eltek growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Eltek November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eltek help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eltek. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eltek based on widely used predictive technical indicators. In general, we focus on analyzing Eltek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eltek's daily price indicators and compare them against related drivers.
Downside Deviation | 2.39 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 9.67 | |||
Value At Risk | (2.63) | |||
Potential Upside | 2.26 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eltek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eltek. If investors know Eltek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eltek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.85 | Revenue Per Share 7.435 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0835 |
The market value of Eltek is measured differently than its book value, which is the value of Eltek that is recorded on the company's balance sheet. Investors also form their own opinion of Eltek's value that differs from its market value or its book value, called intrinsic value, which is Eltek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eltek's market value can be influenced by many factors that don't directly affect Eltek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eltek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eltek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eltek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.