0.44%
2.26%
4.82%
15.17%
-33.86%
200.80%
186.33%
AI Spotlight on ELTK
Company Description
Eltek Ltd.manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally.The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards.
It also offers high density interconnect, flex-rigid, and multi-layered boards.It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others.The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies.
Eltek Ltd.was incorporated in 1970 and is headquartered in Petach Tikva, Israel.Eltek Ltd.
is a subsidiary of Nistec Golan Ltd.
Market Data
| Last Price | 11.31 |
| Change Percentage | 0.44% |
| Open | 11.36 |
| Previous Close | 11.26 |
| Market Cap ( Millions) | 76 |
| Volume | 12853 |
| Year High | 22.8 |
| Year Low | 9 |
| M A 50 | 11.07 |
| M A 200 | 10.69 |
Financial Ratios
| FCF Yield | -3.09% |
| Dividend Yield | 0.00% |
| ROE | 15.49% |
| Debt / Equity | 14.98% |
| Net Debt / EBIDTA | -33.17% |
| Price To Book | 1.88 |
| Price Earnings Ratio | 13.72 |
| Price To FCF | -32.4 |
| Price To sales | 1.58 |
| EV / EBITDA | 9.7 |
News
- Nov -19 - Eltek Ltd. (ELTK) Q3 2024 Earnings Call Transcript
- Nov -19 - Eltek Ltd. Reports 2024 Third Quarter Financial Results
- Nov -12 - Eltek Sets Earnings Release Date and Conference Call to Report Third Quarter 2024 Results on November 19, 2024
- Sep -09 - Eltek Appoints Tomer Segev as New Vice President of Marketing and Sales
- Aug -27 - Eltek Receives Purchase Orders Totaling $3.5 Million
- Aug -15 - Eltek Ltd. (ELTK) Q2 2024 Earnings Call Transcript
- Aug -15 - Eltek Ltd. Reports 2024 Second Quarter Financial Results
- Aug -05 - Eltek Sets Earnings Release Date and Conference Call to Report Second Quarter 2024 Results on August 15, 2024
- May -24 - Eltek Ltd. (ELTK) Q1 2024 Earnings Call Transcript
- May -21 - Eltek Ltd. Reports 2024 First Quarter Financial Results
- May -13 - Eltek Sets Earnings Release Date and Conference Call to Report First Quarter 2024 Results on May 21, 2024
- Mar -26 - Eltek Announces Filing of 2023 Annual Report
- Mar -11 - Eltek Ltd. (ELTK) Q4 2023 Earnings Call Transcript
- Mar -11 - Eltek Ltd. Reports Full year and Fourth Quarter 2023 Financial Results
- Feb -29 - Eltek Sets Earnings Release Date and Conference Call to Report Fourth Quarter 2023 and Annual Results on March 11, 2024
- Feb -15 - Eltek Announces Closing of $10 Million Public Offering
- Feb -12 - Eltek Announces Pricing of Public Offering of Ordinary Shares.
- Jan -22 - Eltek: Still Appears Cheap After A 300% Rally
- Dec -18 - Eltek placed purchase orders for $4.5 million in connection with the expansion of its production capabilities.
- Nov -28 - Eltek Declares a Cash Dividend of $0.22 per Share
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Defense and Aerospace Equipment
Expected Growth : 9 %
What the company do ?
Eltek Ltd.'s Defense and Aerospace Equipment segment provides power supply solutions and electronic components for military, aerospace, and defense industries.
Why we expect these perspectives ?
Eltek Ltd.'s 9% growth in Defense and Aerospace Equipment is driven by increasing global military spending, rising demand for advanced defense systems, and growing adoption of unmanned aerial vehicles (UAVs). Additionally, the company's focus on innovation, strategic partnerships, and expanding presence in emerging markets contribute to its growth momentum.
Segment n°2 -> Contract Electronic Manufacturers and Others
Expected Growth : 8 %
What the company do ?
Contract Electronic Manufacturers and Others from Eltek Ltd. refers to a business model where Eltek Ltd. manufactures and supplies electronic components to other companies.
Why we expect these perspectives ?
Eltek Ltd's Contract Electronic Manufacturers and Others segment growth of 8% is driven by increasing demand for electronic components, outsourcing trends in the electronics industry, and the company's strategic partnerships with leading OEMs. Additionally, Eltek's focus on high-reliability and complex products, as well as its investments in technology and manufacturing capabilities, contribute to its growth momentum.
Segment n°3 -> Industrial Equipment
Expected Growth : 11 %
What the company do ?
Eltek Ltd.'s industrial equipment provides power supply and conversion solutions for various industries, including telecom, data center, and industrial automation.
Why we expect these perspectives ?
Eltek Ltd.'s Industrial Equipment segment growth of 11% is driven by increasing demand for efficient power conversion solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on research and development has led to innovative products, enhancing its competitive edge and driving revenue growth.
Segment n°4 -> Medical Equipment
Expected Growth : 12 %
What the company do ?
Eltek Ltd. offers a range of medical equipment, including power supplies, converters, and batteries, designed for medical devices and healthcare applications.
Why we expect these perspectives ?
Eltek Ltd's 12% growth in Medical Equipment is driven by increasing demand for diagnostic and therapeutic devices, advancements in medical technology, and growing healthcare expenditure. Additionally, the company's focus on innovative products, strategic partnerships, and expanding distribution channels contribute to its growth momentum.
Segment n°5 -> Other
Expected Growth : 7 %
What the company do ?
The Other segment from Eltek Ltd. includes revenue from sales of non-core products, including power systems and accessories.
Why we expect these perspectives ?
Eltek's 7% growth in 'Other' segment is driven by increasing demand for high-reliability power supplies in the defense and aerospace industries, coupled with growing sales of custom power systems to leading OEMs. Additionally, the company's strategic investments in R&D and expansion into new geographic markets have contributed to this growth.
Eltek Ltd. Products
| Product Range | What is it ? |
|---|---|
| DC Power Systems | Eltek's DC Power Systems provide reliable and efficient power supply solutions for telecom, data center, and industrial applications. |
| High Efficiency Rectifiers | Eltek's High Efficiency Rectifiers offer high power density, low energy consumption, and high reliability for telecom, data center, and industrial applications. |
| Solar Power Systems | Eltek's Solar Power Systems provide off-grid and grid-tie solar power solutions for telecom, rural electrification, and industrial applications. |
| Inverters and Converters | Eltek's Inverters and Converters offer high-reliability and high-efficiency power conversion solutions for telecom, data center, and industrial applications. |
| Battery Monitoring Systems | Eltek's Battery Monitoring Systems provide real-time monitoring and control of battery health and performance for telecom, data center, and industrial applications. |
| Power Systems for Railway | Eltek's Power Systems for Railway provide reliable and efficient power supply solutions for railway infrastructure and rolling stock applications. |
Eltek Ltd.'s Porter Forces
Threat Of Substitutes
Eltek Ltd. faces moderate threat from substitutes due to the availability of alternative products in the market.
Bargaining Power Of Customers
Eltek Ltd. has a large customer base, but the customers have significant bargaining power due to the availability of alternative products.
Bargaining Power Of Suppliers
Eltek Ltd. has a diverse supplier base, which reduces the bargaining power of individual suppliers.
Threat Of New Entrants
Eltek Ltd. operates in a moderately competitive industry, and new entrants may face significant barriers to entry.
Intensity Of Rivalry
Eltek Ltd. operates in a highly competitive industry, and the intensity of rivalry is high due to the presence of several established players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 19.86% |
| Debt Cost | 3.95% |
| Equity Weight | 80.14% |
| Equity Cost | -4.83% |
| WACC | -3.09% |
| Leverage | 24.78% |
Eltek Ltd. : Quality Control
Eltek Ltd. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ICP1V.HE | Incap Oyj, together with its subsidiaries, provides electronics manufacturing services in Europe, North America, and Asia. The company produces inverters, UPS devices and printed circuit board (PCBs) for fuel dispensers … |
| TTG.L | TT Electronics plc provides engineered electronics for performance critical applications in the automation and electrification, healthcare, and aerospace and defense markets worldwide. The company operates through three divisions: Power and … |
| VAIAS.HE | Vaisala Oyj engages in the weather and environmental, and industrial measurement business serving weather related and industrial markets. The company's products include industrial measurement systems, such as HVAC and indoor … |
| NCAB.ST | NCAB Group AB (publ) manufactures and sells printed circuit boards (PCBs) worldwide. The company offers multilayer, high-density interconnect, radio frequency, insulated metal base, flexible, rigid-flex, semi-flex, and double sided PCBs. … |
| BAR.BR | Barco NV, together with its subsidiaries, develops visualization solutions for the entertainment, enterprise, and healthcare markets worldwide. The company operates through three divisions: Entertainment, Enterprise, and Healthcare. It offers cinema, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Vaisala
A-Score
1-Year Total Return ->
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Incap
A-Score
1-Year Total Return ->
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Barco
A-Score
1-Year Total Return ->
4
NCAB
A-Score
1-Year Total Return ->
5
TT Electronics
A-Score
1-Year Total Return ->
6
