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Eltek

DB:EK1
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EK1
DB
$6M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, and internationally. The last earnings update was 2 days ago. More info.


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  • Eltek has significant price volatility in the past 3 months.
EK1 Share Price and Events
7 Day Returns
-7.2%
DB:EK1
2.8%
DE Electronic
2.4%
DE Market
1 Year Returns
-60.1%
DB:EK1
-1%
DE Electronic
-6.2%
DE Market
EK1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eltek (EK1) -7.2% -22.6% -46.1% -60.1% - -
DE Electronic 2.8% 4.1% 20.4% -1% 98.9% 101.5%
DE Market 2.4% 3% 7.4% -6.2% 9.6% 14.1%
1 Year Return vs Industry and Market
  • EK1 underperformed the Electronic industry which returned -1% over the past year.
  • EK1 underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
EK1
Industry
5yr Volatility vs Market

EK1 Value

 Is Eltek undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Eltek. This is due to cash flow or dividend data being unavailable. The share price is €1.23.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eltek's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eltek's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EK1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.28
NasdaqCM:ELTK Share Price ** NasdaqCM (2019-04-18) in USD $1.4
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eltek.

DB:EK1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:ELTK Share Price ÷ EPS (both in USD)

= 1.4 ÷ -1.28

-1.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eltek is loss making, we can't compare its value to the DE Electronic industry average.
  • Eltek is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Eltek's expected growth come at a high price?
Raw Data
DB:EK1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Eltek, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eltek's assets?
Raw Data
DB:EK1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.43
NasdaqCM:ELTK Share Price * NasdaqCM (2019-04-18) in USD $1.4
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.85x
DB:EK1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:ELTK Share Price ÷ Book Value per Share (both in USD)

= 1.4 ÷ 0.43

3.22x

* Primary Listing of Eltek.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eltek is overvalued based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Eltek's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Eltek has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EK1 Future Performance

 How is Eltek expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eltek has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.5%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eltek expected to grow at an attractive rate?
  • Unable to compare Eltek's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Eltek's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Eltek's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:EK1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:EK1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:EK1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 34 -1 -3
2018-09-30 35 -2 -3
2018-06-30 34 -4 -3
2018-03-31 33 -4 -4
2017-12-31 33 -3 -4
2017-09-30 32 -4 -6
2017-06-30 33 -2 -5
2017-03-31 36 -2 -4
2016-12-31 37 0 -4
2016-09-30 39 3 0
2016-06-30 41 3 1
2016-03-31 41 3 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Eltek is high growth as no earnings estimate data is available.
  • Unable to determine if Eltek is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:EK1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Eltek Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EK1 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.28
2018-09-30 -1.30
2018-06-30 -1.67
2018-03-31 -1.79
2017-12-31 -1.86
2017-09-30 -3.01
2017-06-30 -2.64
2017-03-31 -2.00
2016-12-31 -1.79
2016-09-30 -0.19
2016-06-30 0.34
2016-03-31 0.44

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Eltek will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Eltek's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  2. Eltek's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Eltek's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eltek has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EK1 Past Performance

  How has Eltek performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eltek's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eltek does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Eltek's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eltek's 1-year growth to the DE Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Eltek's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eltek Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EK1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 33.94 -2.61 4.67
2018-09-30 35.20 -2.64 4.95 0.00
2018-06-30 34.40 -3.39 4.84 0.01
2018-03-31 33.23 -3.63 4.68 0.02
2017-12-31 32.75 -3.78 4.70 0.04
2017-09-30 31.77 -6.11 4.53 0.06
2017-06-30 33.32 -5.35 4.55 0.09
2017-03-31 35.73 -4.05 4.60 0.10
2016-12-31 37.07 -3.62 4.70 0.12
2016-09-30 39.36 -0.39 4.77 0.13
2016-06-30 40.96 0.68 4.76 0.05
2016-03-31 41.43 0.89 4.86 0.09
2015-12-31 41.35 1.04 4.96 0.09
2015-09-30 41.54 -1.01 5.28 0.13
2015-06-30 42.43 -2.16 5.99 0.18
2015-03-31 44.08 -2.71 6.44 0.11
2014-12-31 46.63 -2.67 6.77 0.07
2014-09-30 48.70 1.93 6.64
2014-06-30 49.73 3.05 6.93
2014-03-31 50.05 3.51 6.80
2013-12-31 50.24 3.82 6.72
2013-09-30 48.92 0.73 6.30
2013-06-30 46.94 0.28 6.15
2013-03-31 46.12 0.29 5.99
2012-12-31 45.65 0.69 6.04
2012-09-30 45.78 1.24 5.96
2012-06-30 46.97 1.68 5.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Eltek has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Eltek has efficiently used its assets last year compared to the DE Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Eltek improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Eltek's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eltek has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EK1 Health

 How is Eltek's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eltek's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eltek's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Eltek's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Eltek's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eltek Company Filings, last reported 3 months ago.

DB:EK1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.88 9.58 0.99
2018-09-30 1.39 9.95 1.20
2018-06-30 1.81 10.10 0.99
2018-03-31 2.75 9.27 0.44
2017-12-31 3.46 8.89 0.89
2017-09-30 4.06 8.06 1.00
2017-06-30 5.33 6.26 0.79
2017-03-31 6.19 5.72 1.03
2016-12-31 6.63 4.82 1.23
2016-09-30 9.96 3.45 0.84
2016-06-30 10.19 3.80 0.89
2016-03-31 10.22 3.54 0.94
2015-12-31 10.24 4.18 1.04
2015-09-30 9.98 5.29 1.22
2015-06-30 9.77 5.22 0.99
2015-03-31 8.81 4.55 0.90
2014-12-31 9.22 4.56 1.13
2014-09-30 11.62 3.79 0.65
2014-06-30 13.07 3.14 1.24
2014-03-31 13.07 2.53 0.99
2013-12-31 13.35 3.23 2.51
2013-09-30 6.88 6.31 1.38
2013-06-30 6.14 6.38 0.83
2013-03-31 5.75 6.42 1.22
2012-12-31 5.54 5.83 1.94
2012-09-30 5.64 6.07 1.43
2012-06-30 5.46 5.54 1.62
  • Eltek's level of debt (1086.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (24.1% vs 1086.4% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Eltek has less than a year of cash runway based on current free cash flow.
  • Eltek has less than a year of cash runway if free cash flow continues to grow at historical rates of 75.9% each year.
X
Financial health checks
We assess Eltek's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eltek has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EK1 Dividends

 What is Eltek's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Eltek dividends.
If you bought €2,000 of Eltek shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Eltek's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Eltek's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:EK1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Eltek has not reported any payouts.
  • Unable to verify if Eltek's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Eltek's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Eltek has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Eltek's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eltek afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eltek has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EK1 Management

 What is the CEO of Eltek's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eli Yaffe
AGE 62
TENURE AS CEO 0.8 years
CEO Bio

Mr. Eli Yaffe has been the Chief Executive Officer of Eltek Ltd. since July 1, 2018. Mr. Yaffe served as the Chief Executive Officer of Carmel Forge Ltd. (Aerospace), and prior thereto he served as the Chief Executive Officer of Urdan Industries Ltd. (Defense). He served as the President of Yaffe Industrial Group Inc. and Carmel Forge Ltd. In previous roles, Mr. Yaffe served as Vice President of Business Development & Strategic Planning, responsible for strategy, M&A, and business development at Ormat Industries Ltd., including a number of years in the U.S. He serves as a Director of Techmire Limited. Mr. Yaffe holds a B.Sc. degree (with distinction) from the Technion- Israel Institute of Technology, M.Sc. degree in Mechanical Engineering from Tel Aviv University and an MBA degree (with distinction) in Finance & Marketing from Bar Ilan University.

CEO Compensation
  • Insufficient data for Eli to compare compensation growth.
  • Insufficient data for Eli to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Eltek management team in years:

0.7
Average Tenure
62
Average Age
  • The average tenure for the Eltek management team is less than 2 years, this suggests a new team.
Management Team

Eli Yaffe

TITLE
Chief Executive Officer
AGE
62
TENURE
0.8 yrs

Alon Mualem

TITLE
CFO & VP of Finance
AGE
51
TENURE
0.3 yrs

Itzik Tzemach

TITLE
Director of Operations
TENURE
0.5 yrs

Assi Bachar

TITLE
Chief Information Officer & Procurement officer
TENURE
1.3 yrs

Shmuel Wider

TITLE
Vice President of Sales & Marketing
TENURE
0.7 yrs

Eli Dvora

TITLE
Vice President of Operations
AGE
62
Board of Directors Tenure

Average tenure and age of the Eltek board of directors in years:

5.5
Average Tenure
69.5
Average Age
  • The tenure for the Eltek board of directors is about average.
Board of Directors

Yitzhak Nissan

TITLE
Chairman
COMPENSATION
$323K
AGE
68
TENURE
5.4 yrs

Gad Dovev

TITLE
External Director
AGE
71
TENURE
4.5 yrs

Erez Meltzer

TITLE
Director
AGE
61
TENURE
9.7 yrs

Mordechai Marmorstein

TITLE
Director
AGE
71
TENURE
5.5 yrs

Gavriel Meron

TITLE
Director
AGE
65
TENURE
5.5 yrs

Tibor Rubner

TITLE
Director
AGE
78
TENURE
5.5 yrs

Ilana Lurie

TITLE
External Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Jan 19 Buy Nistec Golan Ltd. Company 27. Dec 18 27. Dec 18 1,024,419 €0.70 €714,550
X
Management checks
We assess Eltek's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eltek has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EK1 News

Simply Wall St News

EK1 Company Info

Description

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs; and flexible circuitry, such as flex and flex rigid boards. It serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and other industries. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was founded in 1970 and is headquartered in Petach Tikva, Israel. As of December 27, 2018, Eltek Ltd. operates as a subsidiary of Nistec Golan Ltd.

Details
Name: Eltek Ltd.
EK1
Exchange: DB
Founded: 1970
$5,452,889
4,380,253
Website: http://www.nisteceltek.com
Address: Eltek Ltd.
Sgoola Industrial Zone,
20 Ben Zion Gelis Street,
Petach Tikva,
4927920,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM ELTK Ordinary Shares Nasdaq Capital Market US USD 22. Jan 1997
DB EK1 Ordinary Shares Deutsche Boerse AG DE EUR 22. Jan 1997
Number of employees
Current staff
Staff numbers
333
Eltek employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 21:52
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/04/17
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.