9.34 USD
-0.19 (-1.97%)
10 USD
+0.66 (+7.07%)
We assign a fundamental rating of 6 out of 10 to ELTK. ELTK was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. ELTK has an excellent financial health rating, but there are some minor concerns on its profitability. ELTK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELTK was profitable.
In the past year ELTK has reported a negative cash flow from operations.
ELTK had positive earnings in each of the past 5 years.
ELTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ELTK's Return On Assets of 1.78% is in line compared to the rest of the industry. ELTK outperforms 53.60% of its industry peers.
ELTK has a Return On Equity (2.55%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 4.16%, ELTK perfoms like the industry average, outperforming 56.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ELTK is above the industry average of 9.26%.
The last Return On Invested Capital (4.16%) for ELTK is well below the 3 year average (11.27%), which needs to be investigated, but indicates that ELTK had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.78% | ||
| ROE | 2.55% | ||
| ROIC | 4.16% |
ROA(3y)9.39%
ROA(5y)9.48%
ROE(3y)16.36%
ROE(5y)18.02%
ROIC(3y)11.27%
ROIC(5y)9.69%
1.3 Margins
ELTK's Profit Margin of 2.35% is in line compared to the rest of the industry. ELTK outperforms 56.00% of its industry peers.
ELTK's Profit Margin has improved in the last couple of years.
ELTK has a Operating Margin of 5.25%. This is in the better half of the industry: ELTK outperforms 65.60% of its industry peers.
In the last couple of years the Operating Margin of ELTK has grown nicely.
Looking at the Gross Margin, with a value of 17.77%, ELTK is doing worse than 69.60% of the companies in the same industry.
In the last couple of years the Gross Margin of ELTK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.25% | ||
| PM (TTM) | 2.35% | ||
| GM | 17.77% |
OM growth 3Y17.86%
OM growth 5Y18.76%
PM growth 3Y-15.23%
PM growth 5Y12.03%
GM growth 3Y2.89%
GM growth 5Y5.16%
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.
ELTK has more shares outstanding than it did 1 year ago.
ELTK has more shares outstanding than it did 5 years ago.
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.
2.2 Solvency
ELTK has an Altman-Z score of 3.32. This indicates that ELTK is financially healthy and has little risk of bankruptcy at the moment.
ELTK has a Altman-Z score of 3.32. This is comparable to the rest of the industry: ELTK outperforms 48.80% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.32 |
ROIC/WACC0.48
WACC8.61%
2.3 Liquidity
A Current Ratio of 2.82 indicates that ELTK has no problem at all paying its short term obligations.
ELTK has a Current ratio (2.82) which is in line with its industry peers.
A Quick Ratio of 1.92 indicates that ELTK should not have too much problems paying its short term obligations.
ELTK has a Quick ratio (1.92) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 1.92 |
3. Growth
3.1 Past
ELTK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -80.00%.
The Earnings Per Share has been growing slightly by 5.60% on average over the past years.
Looking at the last year, ELTK shows a small growth in Revenue. The Revenue has grown by 2.54% in the last year.
Measured over the past years, ELTK shows a small growth in Revenue. The Revenue has been growing by 5.99% on average per year.
EPS 1Y (TTM)-80%
EPS 3Y-9.84%
EPS 5Y5.6%
EPS Q2Q%-112%
Revenue 1Y (TTM)2.54%
Revenue growth 3Y11.22%
Revenue growth 5Y5.99%
Sales Q2Q%-1.85%
3.2 Future
Based on estimates for the next years, ELTK will show a very strong growth in Earnings Per Share. The EPS will grow by 42.26% on average per year.
ELTK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.50% yearly.
EPS Next Y65.14%
EPS Next 2Y42.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.96%
Revenue Next 2Y9.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ELTK is valuated quite expensively with a Price/Earnings ratio of 54.94.
Compared to the rest of the industry, the Price/Earnings ratio of ELTK is on the same level as its industry peers.
When comparing the Price/Earnings ratio of ELTK to the average of the S&P500 Index (26.76), we can say ELTK is valued expensively.
With a Price/Forward Earnings ratio of 7.33, the valuation of ELTK can be described as very cheap.
Based on the Price/Forward Earnings ratio, ELTK is valued cheaper than 96.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.96. ELTK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.94 | ||
| Fwd PE | 7.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELTK is valued cheaply inside the industry as 91.20% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.2 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ELTK may justify a higher PE ratio.
ELTK's earnings are expected to grow with 42.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)9.81
EPS Next 2Y42.26%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ELTK has a Yearly Dividend Yield of 1.96%.
Compared to an average industry Dividend Yield of 2.34, ELTK pays a better dividend. On top of this ELTK pays more dividend than 94.40% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, ELTK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
ELTK has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ELTK pays out 110.19% of its income as dividend. This is not a sustainable payout ratio.
DP110.19%
EPS Next 2Y42.26%
EPS Next 3YN/A
9.34
-0.19 (-1.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners6.73%
Inst Owner Change-14.28%
Ins Owners2.67%
Ins Owner ChangeN/A
Market Cap62.76M
Revenue(TTM)49.31M
Net Income(TTM)1.16M
Analysts82.86
Price TargetN/A
Short Float %0.07%
Short Ratio0.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP110.19%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.94 | ||
| Fwd PE | 7.33 | ||
| P/S | 1.27 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.38 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | 9.2 |
EPS(TTM)0.17
EY1.82%
EPS(NY)1.27
Fwd EY13.65%
FCF(TTM)-0.99
FCFYN/A
OCF(TTM)-0.12
OCFYN/A
SpS7.34
BVpS6.76
TBVpS6.76
PEG (NY)0.84
PEG (5Y)9.81
Graham Number5.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.78% | ||
| ROE | 2.55% | ||
| ROCE | 5.04% | ||
| ROIC | 4.16% | ||
| ROICexc | 5.38% | ||
| ROICexgc | 5.38% | ||
| OM | 5.25% | ||
| PM (TTM) | 2.35% | ||
| GM | 17.77% | ||
| FCFM | N/A |
ROA(3y)9.39%
ROA(5y)9.48%
ROE(3y)16.36%
ROE(5y)18.02%
ROIC(3y)11.27%
ROIC(5y)9.69%
ROICexc(3y)17.08%
ROICexc(5y)13.99%
ROICexgc(3y)17.08%
ROICexgc(5y)13.99%
ROCE(3y)13.64%
ROCE(5y)11.73%
ROICexgc growth 3Y22.66%
ROICexgc growth 5Y-7.24%
ROICexc growth 3Y22.66%
ROICexc growth 5Y-7.24%
OM growth 3Y17.86%
OM growth 5Y18.76%
PM growth 3Y-15.23%
PM growth 5Y12.03%
GM growth 3Y2.89%
GM growth 5Y5.16%
F-Score2
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 302.74% | ||
| Cap/Sales | 11.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.82 | ||
| Quick Ratio | 1.92 | ||
| Altman-Z | 3.32 |
F-Score2
WACC8.61%
ROIC/WACC0.48
Cap/Depr(3y)332.1%
Cap/Depr(5y)230.15%
Cap/Sales(3y)11.09%
Cap/Sales(5y)8.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-80%
EPS 3Y-9.84%
EPS 5Y5.6%
EPS Q2Q%-112%
EPS Next Y65.14%
EPS Next 2Y42.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.54%
Revenue growth 3Y11.22%
Revenue growth 5Y5.99%
Sales Q2Q%-1.85%
Revenue Next Year9.96%
Revenue Next 2Y9.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-57.11%
EBIT growth 3Y31.08%
EBIT growth 5Y25.87%
EBIT Next Year138253%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-210.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-110.2%
OCF growth 3Y5.38%
OCF growth 5Y11.97%
ELTEK LTD / ELTK FAQ
Can you provide the ChartMill fundamental rating for ELTEK LTD?
ChartMill assigns a fundamental rating of 6 / 10 to ELTK.
What is the valuation status for ELTK stock?
ChartMill assigns a valuation rating of 6 / 10 to ELTEK LTD (ELTK). This can be considered as Fairly Valued.
Can you provide the profitability details for ELTEK LTD?
ELTEK LTD (ELTK) has a profitability rating of 6 / 10.
What is the financial health of ELTEK LTD (ELTK) stock?
The financial health rating of ELTEK LTD (ELTK) is 7 / 10.
What is the earnings growth outlook for ELTEK LTD?
The Earnings per Share (EPS) of ELTEK LTD (ELTK) is expected to grow by 65.14% in the next year.