Eltek Stock Today

ELTK Stock  USD 11.28  0.05  0.45%   

Performance

Weak

 
Weak
 
Strong

Odds Of Distress

Very Small

 
High
 
Low
Eltek is selling for 11.28 as of the 26th of February 2025. This is a 0.45 percent increase since the beginning of the trading day. The stock's last reported lowest price was 11.23. Eltek has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
22nd of January 1997
Category
Technology
Classification
Information Technology
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. The company has 6.71 M outstanding shares of which 12.04 K shares are currently shorted by private and institutional investors with about 1.15 trading days to cover. More on Eltek

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Eltek Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Electronics, Israel Wall Street, Electronic Equipment, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.150.89
Significantly Up
Slightly volatile
Gross Profit Margin0.180.32
Way Down
Slightly volatile
Total Current Liabilities14.1 M16.1 M
Fairly Down
Pretty Stable
Non Current Liabilities Total4.2 M7.3 M
Way Down
Slightly volatile
Total Assets28 M54.2 M
Way Down
Slightly volatile
Total Current Assets36.4 M34.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Eltek can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eltek's financial leverage. It provides some insight into what part of Eltek's total assets is financed by creditors.
Liquidity
Eltek currently holds 6.66 M in liabilities with Debt to Equity (D/E) ratio of 0.58, which is about average as compared to similar companies. Eltek has a current ratio of 2.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Eltek's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

697,950
Eltek (ELTK) is traded on NASDAQ Exchange in USA. It is located in Sgoola Industrial Zone, Petah Tikva, Israel, 4927920 and employs 333 people. Eltek is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 75.71 M. Eltek conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 6.71 M outstanding shares of which 12.04 K shares are currently shorted by private and institutional investors with about 1.15 trading days to cover. Eltek currently holds about 8.25 M in cash with 8.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41.
Check Eltek Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Eltek is $75.71 Million. Eltek retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Eltek Ownership Details

Eltek Stock Institutional Holders

InstituionRecorded OnShares
Sbi Securities Co Ltd2024-12-31
23.0
Susquehanna International Group, Llp2024-09-30
0.0
Blackrock Inc2024-12-31
0.0
Sabby Management Llc2024-09-30
0.0
Navellier & Associates Inc2024-12-31
0.0
Absolute Investment Management Llc2024-12-31
0.0
Two Sigma Investments Llc2024-09-30
0.0
Foundry Partners, Llc2024-09-30
242.5 K
Yelin Lapidot Holdings Management Ltd2024-12-31
209 K
Renaissance Technologies Corp2024-12-31
87.3 K
Northern Trust Corp2024-12-31
36.6 K
View Eltek Diagnostics

Eltek Historical Income Statement

At this time, Eltek's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 1.3 M this year, although the value of Other Operating Expenses will most likely fall to about 37.5 M. View More Fundamentals

Eltek Stock Against Markets

Eltek Corporate Management

Eli YaffeChief OfficerProfile
Shlomi KislukVice AssuranceProfile
Oriel SallaryVice MarketingProfile
Itzik ZemachVice OperationsProfile
Ron FreundChief OfficerProfile
Ifat AtzitzHR ManagerProfile
Sagi BalterVice TechnologyProfile
When determining whether Eltek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eltek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eltek Stock. Highlighted below are key reports to facilitate an investment decision about Eltek Stock:
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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
(0.31)
Earnings Share
0.85
Revenue Per Share
7.476
Quarterly Revenue Growth
0.14
Return On Assets
0.0747
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.