How does ELTK's PE Ratio compare to its peers?

ELTK is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (70.6x).

How does ELTK's PE Ratio compare vs other companies in the US Electronic Industry?

ELTK is good value based on its Price-To-Earnings Ratio (14.1x) compared to the US Electronic industry average (23.4x).

What is ELTK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELTK is good value based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

What is the Fair Price of ELTK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ELTK ($11.63) is trading above our estimate of [[fair value]] ($1.73)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Eltek (Nasdaq:ELTK) - Stock Price, News & Analysis

ELTK Stock Overview

Manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. More details

ELTK fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (14.1x) is below the US market (18.8x)

Earnings are forecast to grow 18.75% per year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($78M)

Dividend of 1.89% is not well covered by free cash flows

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Calculated Expansions And Diversified Sectors Fuel Revenue And Margin Growth

Key Takeaways Expansion in workforce and machinery investment, along with launching new coating lines, aims to enhance capacity and meet high product demand. Strategic focus on securing long-term orders across various sectors, including defense, industrial, and medical, to maintain a profitable mix and improve margins.

View narrative

US$18.00

35.4% undervalued

10.13%

Revenue growth p.a.

14 days ago

Eltek Ltd. Competitors

Micropac Industries

OTCPK:MPAD

US$50.7m

M-tron Industries

NYSEAM:MPTI

US$168.5m

LGL Group

NYSEAM:LGL

US$32.3m

IEH

OTCPK:IEHC

US$21.4m

Price History & Performance

Summary of all time highs, changes and price drops for Eltek
Historical stock prices
Current Share Price	US$11.65
52 Week High	US$22.80
52 Week Low	US$9.00
Beta	0.46
11 Month Change	10.32%
3 Month Change	10.74%
1 Year Change	-7.98%
33 Year Change	155.81%
5 Year Change	234.77%
Change since IPO	-61.17%

Recent updates

It's Unlikely That Eltek Ltd.'s (NASDAQ:ELTK) CEO Will See A Huge Pay Rise This Year

May 27

Eltek (NASDAQ:ELTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 01

Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall

Mar 26

Eltek Ltd.'s (NASDAQ:ELTK) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Feb 10

Are Robust Financials Driving The Recent Rally In Eltek Ltd.'s (NASDAQ:ELTK) Stock?

Jan 17

Eltek reports Q3 results

Nov 18

Shareholder Returns

	ELTK	US Electronic	US Market
7D	4.3%	-3.7%	-1.2%
1Y	-8.0%	28.7%	30.4%

Return vs Industry: ELTK underperformed the US Electronic industry which returned 28.7% over the past year.

Return vs Market: ELTK underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is ELTK's price volatile compared to industry and market?
ELTK volatility
ELTK Average Weekly Movement	4.0%
Electronic Industry Average Movement	5.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ELTK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ELTK's weekly volatility has decreased from 10% to 4% over the past year.

About the Company

Founded	Employees	CEO	Website
1970	333	Eli Yaffe	www.nisteceltek.com

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.

Eltek Ltd. Fundamentals Summary

How do Eltek's earnings and revenue compare to its market cap?
ELTK fundamental statistics
Market cap	US$78.15m
Earnings (TTM)	US$5.53m
Revenue (TTM)	US$48.09m

14.1x

P/E Ratio

1.6x

P/S Ratio

Is ELTK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELTK income statement (TTM)
Revenue	US$48.09m
Cost of Revenue	US$36.23m
Gross Profit	US$11.86m
Other Expenses	US$6.33m
Earnings	US$5.53m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.82
Gross Margin	24.66%
Net Profit Margin	11.51%
Debt/Equity Ratio	0%

How did ELTK perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

23%

Payout Ratio

ELTK Stock Overview

Rewards

Risk Analysis

Calculated Expansions And Diversified Sectors Fuel Revenue And Margin Growth

Eltek Ltd. Competitors

OTCPK:MPAD

US$50.7m

NYSEAM:MPTI

US$168.5m

NYSEAM:LGL

US$32.3m

OTCPK:IEHC

US$21.4m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Eltek Ltd. to Report Q3, 2024 Results on Nov 19, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 28% undervalued after recent price drop

Investor sentiment improves as stock rises 17%

Recent updates

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Eltek Ltd. to Report Q3, 2024 Results on Nov 19, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 28% undervalued after recent price drop

Investor sentiment improves as stock rises 17%

Calculating The Intrinsic Value Of Eltek Ltd. (NASDAQ:ELTK)

Eltek Ltd. to Report Q2, 2024 Results on Aug 15, 2024

Now 22% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

Eltek Ltd., Annual General Meeting, Jul 08, 2024

Chief Executive Officer notifies of intention to sell stock

First quarter 2024 earnings released: EPS: US$0.27 (vs US$0.27 in 1Q 2023)

Eltek Ltd. to Report Q1, 2024 Results on May 21, 2024

Less than half of directors are independent

Eltek's (NASDAQ:ELTK) Promising Earnings May Rest On Soft Foundations

Eltek Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Third quarter 2023 earnings released: EPS: US$0.36 (vs US$0.17 in 3Q 2022)

Investor sentiment deteriorates as stock falls 21%

Eltek Ltd. to Report Q4, 2023 Results on Mar 11, 2024

New major risk - Share price stability

Eltek Ltd. has completed a Follow-on Equity Offering in the amount of $10 million.

Eltek Ltd. has completed a Follow-on Equity Offering in the amount of $10 million.

Investor sentiment improves as stock rises 15%

Chief Executive Officer notifies of intention to sell stock

Eltek Ltd. (NASDAQ:ELTK) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable

Chief Executive Officer notifies of intention to sell stock

Investor sentiment improves as stock rises 18%

Chief Executive Officer notifies of intention to sell stock

Chief Executive Officer notifies of intention to sell stock

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.22 per share at 5.3% yield

Eltek Ltd. Declares Cash Dividend, Payable on December 21, 2023

Chairman of the Board notifies of intention to sell stock

Investor sentiment improves as stock rises 20%

Eltek Ltd. to Report Q3, 2023 Results on Nov 16, 2023

Returns On Capital Are Showing Encouraging Signs At Eltek (NASDAQ:ELTK)

Chief Executive Officer notifies of intention to sell stock

Investor sentiment improves as stock rises 17%

Chairman of the Board notifies of intention to sell stock

Investor sentiment improves as stock rises 25%

Second quarter 2023 earnings released: EPS: US$0.22 (vs US$0.13 in 2Q 2022)

Eltek Ltd. to Report Q2, 2023 Results on Aug 21, 2023

Eltek Ltd., Annual General Meeting, Sep 12, 2023

The Return Trends At Eltek (NASDAQ:ELTK) Look Promising

Chief Executive Officer notifies of intention to sell stock

New major risk - Share price stability

Eltek (NASDAQ:ELTK) Has A Rock Solid Balance Sheet

Chairman of the Board notifies of intention to sell stock

Investor sentiment improves as stock rises 25%

Investor sentiment improves as stock rises 38%

Eltek Ltd. to Report Q1, 2023 Results on May 18, 2023

Full year 2022 earnings released: EPS: US$0.55 (vs US$0.86 in FY 2021)

Eltek Ltd. Declares Cash Dividend, Payable on December 19, 2022

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.004 loss in 3Q 2021)

Insufficient new directors

Eltek Ltd. to Report Q3, 2022 Results on Nov 16, 2022

Eltek Ltd., Annual General Meeting, Aug 31, 2022

Eltek (NASDAQ:ELTK) Is Looking To Continue Growing Its Returns On Capital