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ELTEK LTD (ELTK) Stock Fundamental Analysis

NASDAQ:ELTK - Nasdaq - IL0010828411 - Common Stock - Currency: USD

11.14  -0.11 (-0.98%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to ELTK. ELTK was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making ELTK a very profitable company, without any liquidiy or solvency issues. ELTK has a decent growth rate and is not valued too expensively. This makes ELTK very considerable for quality investing!


Dividend Valuation Growth Profitability Health

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8

1. Profitability

1.1 Basic Checks

ELTK had positive earnings in the past year.
In the past year ELTK had a positive cash flow from operations.
In the past 5 years ELTK has always been profitable.
ELTK had a positive operating cash flow in each of the past 5 years.
ELTK Yearly Net Income VS EBIT VS OCF VS FCFELTK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M 4M 6M 8M

1.2 Ratios

ELTK has a better Return On Assets (9.41%) than 90.83% of its industry peers.
ELTK has a Return On Equity of 13.72%. This is in the better half of the industry: ELTK outperforms 80.00% of its industry peers.
ELTK's Return On Invested Capital of 10.84% is amongst the best of the industry. ELTK outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELTK is in line with the industry average of 8.93%.
The 3 year average ROIC (10.29%) for ELTK is below the current ROIC(10.84%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 9.41%
ROE 13.72%
ROIC 10.84%
ROA(3y)10.98%
ROA(5y)9.64%
ROE(3y)20.91%
ROE(5y)21.68%
ROIC(3y)10.29%
ROIC(5y)10.99%
ELTK Yearly ROA, ROE, ROICELTK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200

1.3 Margins

Looking at the Profit Margin, with a value of 11.51%, ELTK belongs to the top of the industry, outperforming 84.17% of the companies in the same industry.
In the last couple of years the Profit Margin of ELTK has grown nicely.
ELTK has a better Operating Margin (12.55%) than 83.33% of its industry peers.
ELTK's Operating Margin has improved in the last couple of years.
ELTK has a worse Gross Margin (24.66%) than 60.00% of its industry peers.
In the last couple of years the Gross Margin of ELTK has grown nicely.
Industry RankSector Rank
OM 12.55%
PM (TTM) 11.51%
GM 24.66%
OM growth 3Y23.7%
OM growth 5YN/A
PM growth 3Y24.15%
PM growth 5YN/A
GM growth 3Y9.99%
GM growth 5Y29.65%
ELTK Yearly Profit, Operating, Gross MarginsELTK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20

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8

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ELTK is still creating some value.
Compared to 1 year ago, ELTK has more shares outstanding
Compared to 5 years ago, ELTK has more shares outstanding
There is no outstanding debt for ELTK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ELTK Yearly Shares OutstandingELTK Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M
ELTK Yearly Total Debt VS Total AssetsELTK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M

2.2 Solvency

An Altman-Z score of 4.14 indicates that ELTK is not in any danger for bankruptcy at the moment.
ELTK has a better Altman-Z score (4.14) than 70.00% of its industry peers.
There is no outstanding debt for ELTK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 4.14
ROIC/WACC1.21
WACC8.99%
ELTK Yearly LT Debt VS Equity VS FCFELTK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M 20M

2.3 Liquidity

A Current Ratio of 2.97 indicates that ELTK has no problem at all paying its short term obligations.
With a Current ratio value of 2.97, ELTK perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
A Quick Ratio of 2.44 indicates that ELTK has no problem at all paying its short term obligations.
ELTK has a better Quick ratio (2.44) than 64.17% of its industry peers.
Industry RankSector Rank
Current Ratio 2.97
Quick Ratio 2.44
ELTK Yearly Current Assets VS Current LiabilitesELTK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M

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5

3. Growth

3.1 Past

The earnings per share for ELTK have decreased strongly by -14.14% in the last year.
ELTK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.51% yearly.
ELTK shows a small growth in Revenue. In the last year, the Revenue has grown by 7.22%.
Measured over the past years, ELTK shows a small growth in Revenue. The Revenue has been growing by 6.59% on average per year.
EPS 1Y (TTM)-14.14%
EPS 3Y22.51%
EPS 5YN/A
EPS Q2Q%-30.56%
Revenue 1Y (TTM)7.22%
Revenue growth 3Y8.35%
Revenue growth 5Y6.59%
Sales Q2Q%13.99%

3.2 Future

ELTK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.02% yearly.
Based on estimates for the next years, ELTK will show a quite strong growth in Revenue. The Revenue will grow by 8.23% on average per year.
EPS Next Y-17.07%
EPS Next 2Y-1.39%
EPS Next 3Y6.02%
EPS Next 5YN/A
Revenue Next Year5.74%
Revenue Next 2Y7.83%
Revenue Next 3Y8.23%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ELTK Yearly Revenue VS EstimatesELTK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M
ELTK Yearly EPS VS EstimatesELTK Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

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6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 13.11 indicates a correct valuation of ELTK.
ELTK's Price/Earnings ratio is rather cheap when compared to the industry. ELTK is cheaper than 91.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.62, ELTK is valued rather cheaply.
A Price/Forward Earnings ratio of 10.71 indicates a reasonable valuation of ELTK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ELTK indicates a rather cheap valuation: ELTK is cheaper than 94.17% of the companies listed in the same industry.
ELTK is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.11
Fwd PE 10.71
ELTK Price Earnings VS Forward Price EarningsELTK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

95.83% of the companies in the same industry are more expensive than ELTK, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.23
ELTK Per share dataELTK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

The excellent profitability rating of ELTK may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.39%
EPS Next 3Y6.02%

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0

5. Dividend

5.1 Amount

ELTK does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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ELTEK LTD

NASDAQ:ELTK (2/21/2025, 8:15:36 PM)

11.14

-0.11 (-0.98%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-19 2024-11-19/bmo
Earnings (Next)03-20 2025-03-20/bmo
Inst Owners10.27%
Inst Owner Change-48.42%
Ins Owners2.52%
Ins Owner ChangeN/A
Market Cap74.75M
Analysts82.86
Price Target18.36 (64.81%)
Short Float %0.38%
Short Ratio0.68
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP23.87%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-38.9%
Min EPS beat(2)-56.86%
Max EPS beat(2)-20.94%
EPS beat(4)1
Avg EPS beat(4)-26.6%
Min EPS beat(4)-56.86%
Max EPS beat(4)1.81%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-3.44%
Min Revenue beat(2)-13.77%
Max Revenue beat(2)6.89%
Revenue beat(4)1
Avg Revenue beat(4)-2.9%
Min Revenue beat(4)-13.77%
Max Revenue beat(4)6.89%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.95%
Valuation
Industry RankSector Rank
PE 13.11
Fwd PE 10.71
P/S 1.55
P/FCF N/A
P/OCF 10.91
P/B 1.85
P/tB 1.85
EV/EBITDA 6.23
EPS(TTM)0.85
EY7.63%
EPS(NY)1.04
Fwd EY9.34%
FCF(TTM)-0.34
FCFYN/A
OCF(TTM)1.02
OCFY9.16%
SpS7.17
BVpS6.01
TBVpS6.01
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 9.41%
ROE 13.72%
ROCE 13.12%
ROIC 10.84%
ROICexc 17.86%
ROICexgc 17.86%
OM 12.55%
PM (TTM) 11.51%
GM 24.66%
FCFM N/A
ROA(3y)10.98%
ROA(5y)9.64%
ROE(3y)20.91%
ROE(5y)21.68%
ROIC(3y)10.29%
ROIC(5y)10.99%
ROICexc(3y)15.21%
ROICexc(5y)15.12%
ROICexgc(3y)15.21%
ROICexgc(5y)15.12%
ROCE(3y)12.45%
ROCE(5y)13.3%
ROICexcg growth 3Y33.32%
ROICexcg growth 5YN/A
ROICexc growth 3Y33.32%
ROICexc growth 5YN/A
OM growth 3Y23.7%
OM growth 5YN/A
PM growth 3Y24.15%
PM growth 5YN/A
GM growth 3Y9.99%
GM growth 5Y29.65%
F-Score5
Asset Turnover0.82
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0
Cap/Depr 599.08%
Cap/Sales 19.05%
Interest Coverage 250
Cash Conversion 90.55%
Profit Quality N/A
Current Ratio 2.97
Quick Ratio 2.44
Altman-Z 4.14
F-Score5
WACC8.99%
ROIC/WACC1.21
Cap/Depr(3y)155.98%
Cap/Depr(5y)119.49%
Cap/Sales(3y)5.8%
Cap/Sales(5y)4.6%
Profit Quality(3y)57.57%
Profit Quality(5y)69.61%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.14%
EPS 3Y22.51%
EPS 5YN/A
EPS Q2Q%-30.56%
EPS Next Y-17.07%
EPS Next 2Y-1.39%
EPS Next 3Y6.02%
EPS Next 5YN/A
Revenue 1Y (TTM)7.22%
Revenue growth 3Y8.35%
Revenue growth 5Y6.59%
Sales Q2Q%13.99%
Revenue Next Year5.74%
Revenue Next 2Y7.83%
Revenue Next 3Y8.23%
Revenue Next 5YN/A
EBIT growth 1Y-1.69%
EBIT growth 3Y34.03%
EBIT growth 5YN/A
EBIT Next Year-12.52%
EBIT Next 3Y10.79%
EBIT Next 5YN/A
FCF growth 1Y-724.32%
FCF growth 3Y43.63%
FCF growth 5YN/A
OCF growth 1Y127.58%
OCF growth 3Y39.71%
OCF growth 5YN/A