Eltek Net Income from 2010 to 2026

ELTK Stock  USD 8.75  0.31  3.67%   
Eltek Net Income yearly trend continues to be quite stable with very little volatility. Net Income may rise above about 5.1 M this year. From the period between 2010 and 2026, Eltek, Net Income regression line of its data series had standard deviation of  3,218,633 and standard deviation of  3,218,633. View All Fundamentals
 
Net Income  
First Reported
1996-06-30
Previous Quarter
365 K
Current Value
-231 K
Quarterly Volatility
1.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Eltek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eltek's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 32.5 K or Total Revenue of 38.8 M, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0175 or PTB Ratio of 1.49. Eltek financial statements analysis is a perfect complement when working with Eltek Valuation or Volatility modules.
  
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Check out the analysis of Eltek Correlation against competitors.
For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.
Historical Net Income data for Eltek serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Eltek represents a compelling investment opportunity.

Latest Eltek's Net Income Growth Pattern

Below is the plot of the Net Income of Eltek over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Eltek financial statement analysis. It represents the amount of money remaining after all of Eltek operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Eltek's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eltek's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.22 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Eltek Net Income Regression Statistics

Arithmetic Mean1,723,534
Geometric Mean2,772,623
Coefficient Of Variation186.75
Mean Deviation2,541,499
Median1,846,000
Standard Deviation3,218,633
Sample Variance10.4T
Range10.1M
R-Value0.53
Mean Square Error7.9T
R-Squared0.28
Significance0.03
Slope338,223
Total Sum of Squares165.8T

Eltek Net Income History

20265.1 M
20254.9 M
20244.2 M
20236.4 M
20223.2 M
2021M
20202.6 M

Other Fundumenentals of Eltek

Eltek Net Income component correlations

About Eltek Financial Statements

Eltek investors utilize fundamental indicators, such as Net Income, to predict how Eltek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income4.9 M5.1 M
Net Income Applicable To Common Shares2.9 MM
Net Income From Continuing Ops4.9 M5.1 M
Net Income Per Share 0.57  0.60 
Net Income Per E B T 0.75  0.98 

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When determining whether Eltek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eltek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eltek Stock. Highlighted below are key reports to facilitate an investment decision about Eltek Stock:
Check out the analysis of Eltek Correlation against competitors.
For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eltek. Projected growth potential of Eltek fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Eltek assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.55)
Earnings Share
0.17
Revenue Per Share
7.343
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0261
The market value of Eltek is measured differently than its book value, which is the value of Eltek that is recorded on the company's balance sheet. Investors also form their own opinion of Eltek's value that differs from its market value or its book value, called intrinsic value, which is Eltek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eltek's market value can be influenced by many factors that don't directly affect Eltek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Eltek's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eltek should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Eltek's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.