Elec & Eltek International Company Limited, an investment holding company, engages in the fabrication and distribution of double-sided, multi-layer, high density interconnect, and backplane printed circuit boards (PCB).
Excellent balance sheet and fair value.
Share Price & News
How has Elec & Eltek International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EKQ has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EKQ underperformed the German Electronic industry which returned 13.9% over the past year.
Return vs Market: EKQ underperformed the German Market which returned 15% over the past year.
Price Volatility Vs. Market
How volatile is Elec & Eltek International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Elec & Eltek International undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EKQ (€1.41) is trading above our estimate of fair value (€0.44)
Significantly Below Fair Value: EKQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EKQ is good value based on its PE Ratio (12.6x) compared to the Electronic industry average (33.7x).
PE vs Market: EKQ is good value based on its PE Ratio (12.6x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EKQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EKQ is good value based on its PB Ratio (0.7x) compared to the DE Electronic industry average (1.8x).
How is Elec & Eltek International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
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 Elec & Eltek International 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 SimplyWall St do have past financial data.
- Examine whether Elec & Eltek International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Elec & Eltek International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Elec & Eltek International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EKQ has high quality earnings.
Growing Profit Margin: EKQ's current net profit margins (4%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: EKQ's earnings have grown significantly by 43.3% per year over the past 5 years.
Accelerating Growth: EKQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EKQ had negative earnings growth (-28.1%) over the past year, making it difficult to compare to the Electronic industry average (-3.9%).
Return on Equity
High ROE: EKQ's Return on Equity (5.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Elec & Eltek International's financial position?
Financial Position Analysis
Short Term Liabilities: EKQ's short term assets ($284.8M) exceed its short term liabilities ($274.2M).
Long Term Liabilities: EKQ's short term assets ($284.8M) exceed its long term liabilities ($55.4M).
Debt to Equity History and Analysis
Debt Level: EKQ's debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: EKQ's debt to equity ratio has increased from 25.8% to 27.5% over the past 5 years.
Debt Coverage: EKQ's debt is well covered by operating cash flow (60.7%).
Interest Coverage: EKQ's interest payments on its debt are well covered by EBIT (11.7x coverage).
Inventory Level: EKQ has a high level of physical assets or inventory.
Debt Coverage by Assets: EKQ's debt is covered by short term assets (assets are 2.4x debt).
What is Elec & Eltek International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: EKQ's dividend (2.53%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: EKQ's dividend (2.53%) is low compared to the top 25% of dividend payers in the German market (3.59%).
Stability and Growth of Payments
Stable Dividend: EKQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: EKQ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.8%), EKQ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Stephanie Cheung (48yo)
Ms. Wai Lin Cheung, also known as Stephanie, has been the Chief Executive Officer of Elec & Eltek International Company Limited. Ms. Cheung has been Chairman at Elec & Eltek International Holdings Limited ...
CEO Compensation Analysis
Compensation vs Market: Stephanie's total compensation ($USD1.11M) is above average for companies of similar size in the German market ($USD634.28K).
Compensation vs Earnings: Stephanie's compensation has been consistent with company performance over the past year.
|Chairman & CEO||0yrs||US$1.11m||no data|
|Executive Director||15.2yrs||US$1.43m||0.26% $709.1k|
|Independent Non-Executive Director||2.6yrs||US$15.00k||no data|
|Independent Non-Executive Director||8.8yrs||US$42.00k||no data|
|Independent Non-Executive Director||3.7yrs||US$34.00k||no data|
Experienced Board: EKQ's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Elec & Eltek International Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Elec & Eltek International Company Limited
- Ticker: EKQ
- Exchange: DB
- Founded: 1972
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$295.334m
- Listing Market Cap: US$272.386m
- Shares outstanding: 186.92m
- Website: https://www.eleceltek.com
Number of Employees
- Elec & Eltek International Company Limited
- Delta House
- 23rd Floor
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|E16||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||USD||Nov 1994|
|EKQ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 1994|
|1151||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 1994|
Elec & Eltek International Company Limited, an investment holding company, engages in the fabrication and distribution of double-sided, multi-layer, high density interconnect, and backplane printed circuit boards (PCB). The company operates in two segments, Fabrication and Distribution of PCB, and Property Investment. It is also involved in the manufacture and distribution of PCB raw materials; and property investment activities. In addition, the company trades in PCBs; and provides sales and marketing services. It serves various customers in electronics sector with a primary focus on communication and networking, automotive, computer and computer peripherals, and consumer electronics in Asia, Europe, North and Central America, and internationally. The company was founded in 1972 and is headquartered in Shatin, Hong Kong. Elec & Eltek International Company Limited is a subsidiary of Kingboard Chemical Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 22:10|
|End of Day Share Price||2020/02/14 00:00|
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.