Eltek is an electronic components business based in the US. Eltek shares (ELTK) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $10.93 – a decrease of 0.73% over the previous week. Eltek employs 333 staff and has a trailing 12-month revenue of around $46.4 million.
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| Latest market close | $10.93 |
|---|---|
| 52-week range | $9.00 - $22.80 |
| 50-day moving average | $10.77 |
| 200-day moving average | $11.10 |
| Wall St. target price | $18.00 |
| PE ratio | 12.8588 |
| Dividend yield | $0 (1.96%) |
| Earnings per share (TTM) | $0.85 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $10.93 from 2024-11-21
| 1 week (2024-11-15) | -0.73% |
|---|---|
| 1 month (2024-10-23) | 4.29% |
| 3 months (2024-08-22) | 3.90% |
| 6 months (2024-05-22) | -9.67% |
| 1 year (2023-11-22) | -13.67% |
|---|---|
| 2 years (2022-11-22) | 183.39% |
| 3 years (2021-11-22) | 144.07% |
| 5 years (2019-11-22) | 217.15% |
Valuing Eltek stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eltek's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Eltek's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Eltek shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Eltek's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.2311. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Eltek's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Eltek's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $7.9 million.
The EBITDA is a measure of a Eltek's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $46.4 million |
|---|---|
| Operating margin TTM | 3.87% |
| Gross profit TTM | $8.3 million |
| Return on assets TTM | 8.35% |
| Return on equity TTM | 19.49% |
| Profit margin | 12.85% |
| Book value | $4.46 |
| Market Capitalization | $73.4 million |
TTM: trailing 12 months
Dividend payout ratio: 25.88% of net profits
Recently Eltek has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Eltek shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Eltek's case, that would currently equate to about $0 per share.
While Eltek's payout ratio might seem fairly standard, it's worth remembering that Eltek may be investing much of the rest of its net profits in future growth.
Eltek's most recent dividend payout was on 20 December 2023. The latest dividend was paid out to all shareholders who bought their shares by 11 December 2023 (the "ex-dividend date").
Eltek's shares were split on a 1:5 basis on 21 November 2017 . So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Eltek shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Eltek shares which in turn could have impacted Eltek's share price.
Over the last 12 months, Eltek's shares have ranged in value from as little as $9 up to $22.8. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Eltek's is 0.459. This would suggest that Eltek's shares are less volatile than average (for this exchange).
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. It primarily serves medical technology, defense and aerospace, industrial, telecom, and networking equipment industries, as well as contract electronic manufacturers. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd.
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