Is Eltek Stock a Good Investment?

Eltek Investment Advice

ELTK

To provide specific investment advice or recommendations on Eltek stock, we recommend investors consider the following general factors when evaluating Eltek. This will help you to make an informed decision on whether to include Eltek in one of your diversified portfolios:

Examine Eltek's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Eltek's leadership team and their track record. Good management can help Eltek navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Eltek's business and its evolving consumer preferences.
Compare Eltek's performance and market position to its competitors. Analyze how Eltek is positioned in terms of product offerings, innovation, and market share.
Check if Eltek pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Eltek's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Eltek stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eltek is a good investment.

Sell

Buy

Hold

Our trade advice tool can cross-verify current analyst consensus on Eltek and to analyze the company potential to grow in the current economic cycle. To make sure Eltek is not overpriced, please confirm all Eltek fundamentals, including its revenue, cash flow from operations, working capital, as well as the relationship between the cash per share and number of employees . Given that Eltek has a price to earning of 6.83 X, we urge you to verify Eltek market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Weak	Details
Volatility	Not too volatile	Details
Hype Condition	Low key	Details
Current Valuation	Overvalued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Almost neglects market trends	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Eltek Stock

Researching Eltek's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 53.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eltek has Price/Earnings To Growth (PEG) ratio of 0.23. The entity last dividend was issued on the 12th of December 2023. The firm had 1:5 split on the 22nd of November 2017.

To determine if Eltek is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eltek's research are outlined below:

	Eltek is unlikely to experience financial distress in the next 2 years
	Eltek has a strong financial position based on the latest SEC filings
	About 53.0% of the company shares are held by company insiders
	Latest headline from finance.yahoo.com: ELTK Eltek Potential Growth Opportunities Supports Price Target of 18.00

Eltek Quarterly Good Will

72,000

Eltek uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Eltek. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eltek's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	14th of March 2024 Upcoming Quarterly Report	View
	16th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	14th of March 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Eltek's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Eltek's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2023-08-21	2023-06-30	0.2	0.22	0.02	10
2023-11-16	2023-09-30	0.31	0.36	0.05	16
2024-11-14	2024-09-30	0.31	0.25	-0.06	19
2024-03-11	2023-12-31	0.31	0.22	-0.09	29
2024-08-15	2024-06-30	0.25	0.11	-0.14	56
2023-05-18	2023-03-31	0.13	0.27	0.14	107
1997-06-17	1997-03-31	0.8	-0.2	-1.0	125

Know Eltek's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Eltek is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eltek backward and forwards among themselves. Eltek's institutional investor refers to the entity that pools money to purchase Eltek's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Blackrock Inc	2024-06-30	3.2 K
Absolute Investment Management Llc	2024-09-30	452
Fmr Inc	2024-06-30	0.0
Morgan Stanley - Brokerage Accounts	2024-06-30	0.0
Cwm, Llc Duplicate	2024-06-30	0.0
Bank Of America Corp	2024-06-30	0.0
Foundry Partners, Llc	2024-09-30	242.5 K
Renaissance Technologies Corp	2024-09-30	90 K
Sabby Management Llc	2024-06-30	40.6 K
Goss Wealth Management Llc	2024-06-30	26.9 K
James Investment Research, Inc.	2024-09-30	25.9 K

Note, although Eltek's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Eltek's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 78.06 M.

Market Cap

22.71 Million

Eltek's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.13	0.14
Return On Capital Employed	0.22	0.23
Return On Assets	0.13	0.14
Return On Equity	0.24	0.25

The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Determining Eltek's profitability involves analyzing its financial statements and using various financial metrics to determine if Eltek is a good buy. For example, gross profit margin measures Eltek's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eltek's profitability and make more informed investment decisions.

Eltek's Earnings Breakdown by Geography

Evaluate Eltek's management efficiency

Eltek has return on total asset (ROA) of 0.0835 % which means that it generated a profit of $0.0835 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1949 %, meaning that it created $0.1949 on every $100 dollars invested by stockholders. Eltek's management efficiency ratios could be used to measure how well Eltek manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.14 this year. Return On Capital Employed is expected to rise to 0.23 this year. At this time, Eltek's Total Current Liabilities is quite stable compared to the past year. Change To Liabilities is expected to rise to about 1.9 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 28 M.

	Last Reported	Projected for Next Year
Book Value Per Share	4.55	5.71
Tangible Book Value Per Share	4.55	5.15
Enterprise Value Over EBITDA	9.26	12.91
Price Book Value Ratio	3.06	3.22
Enterprise Value Multiple	9.26	12.91
Price Fair Value	3.06	3.22
Enterprise Value	25.2 M	14 M

Understanding the operational decisions made by Eltek management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.

Dividend Yield

0.0196

Forward Dividend Yield

0.0196

Forward Dividend Rate

0.22

Beta

0.459

Basic technical analysis of Eltek Stock

As of the 22nd of November, Eltek shows the Mean Deviation of 1.26, coefficient of variation of 714.33, and Downside Deviation of 2.08. Eltek technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Eltek's Outstanding Corporate Bonds

Eltek issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eltek uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eltek bonds can be classified according to their maturity, which is the date when Eltek has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Dana 575 percent Corp Bond US235822AB96	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	MPLX LP 52 Corp Bond US55336VAL45	View
	International Game Technology Corp Bond US460599AD57	View
	Morgan Stanley 3971 Corp Bond US61744YAL20	View
	AerCap Global Aviation Corp Bond US00773HAA59	View

View All Eltek Corporate Bonds

Understand Eltek's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Eltek's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1112
	Market Risk Adjusted Performance	(1.03)
	Mean Deviation	1.26
	Semi Deviation	1.69
	Downside Deviation	2.08
	Coefficient Of Variation	714.33
	Standard Deviation	1.76
	Variance	3.08
	Information Ratio	0.0857
	Jensen Alpha	0.2553
	Total Risk Alpha	0.0367
	Sortino Ratio	0.0724
	Treynor Ratio	(1.04)
	Maximum Drawdown	11.81
	Value At Risk	(2.55)
	Potential Upside	2.42
	Downside Variance	4.32
	Semi Variance	2.86
	Expected Short fall	(1.33)
	Skewness	(0.82)
	Kurtosis	3.35

	Risk Adjusted Performance	0.1112
	Market Risk Adjusted Performance	(1.03)
	Mean Deviation	1.26
	Semi Deviation	1.69
	Downside Deviation	2.08
	Coefficient Of Variation	714.33
	Standard Deviation	1.76
	Variance	3.08
	Information Ratio	0.0857
	Jensen Alpha	0.2553
	Total Risk Alpha	0.0367
	Sortino Ratio	0.0724
	Treynor Ratio	(1.04)
	Maximum Drawdown	11.81
	Value At Risk	(2.55)
	Potential Upside	2.42
	Downside Variance	4.32
	Semi Variance	2.86
	Expected Short fall	(1.33)
	Skewness	(0.82)
	Kurtosis	3.35

Consider Eltek's intraday indicators

Eltek intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eltek stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	3604.12
	Daily Balance Of Power	(0.84)
	Rate Of Daily Change	0.94
	Day Median Price	11.24
	Day Typical Price	11.13
	Price Action Indicator	(0.66)
	Period Momentum Indicator	(0.70)
	Relative Strength Index	59.44

Eltek Corporate Filings

6K	19th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.	View Verify
F3	6th of June 2024 An amendment to the original Schedule 13D filing	View Verify
	1st of May 2024 Other Reports	View Verify
	26th of March 2024 Other Reports	View Verify

Eltek time-series forecasting models is one of many Eltek's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eltek's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Eltek Stock media impact

Far too much social signal, news, headlines, and media speculation about Eltek that are available to investors today. That information is available publicly through Eltek media outlets and privately through word of mouth or via Eltek internal channels. However, regardless of the origin, that massive amount of Eltek data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Eltek news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Eltek relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Eltek's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Eltek alpha.

Eltek Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Eltek can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

5 Penny Stocks to Buy on the Dip

recently @ finance.yahoo.com

Bullish

61 Biggest Movers From Yesterday

recently @ finance.yahoo.com

Bullish

Ashford Hospitality Trust, Inc. (AHT) Fe...

recently @ finance.yahoo.com

Bullish

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Eltek Corporate Management

Eli Yaffe	Chief Officer	Profile
Shlomi Kisluk	Vice Assurance	Profile
Oriel Sallary	Vice Marketing	Profile
Itzik Zemach	Vice Operations	Profile
Ron Freund	Chief Officer	Profile
Ifat Atzitz	HR Manager	Profile
Sagi Balter	Vice Technology	Profile

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: