Eltek Pretax Profit Margin from 2010 to 2024

ELTK Stock  USD 11.91  0.08  0.68%   
Eltek Pretax Profit Margin yearly trend continues to be quite stable with very little volatility. Pretax Profit Margin may rise above 0.17 this year. From the period between 2010 and 2024, Eltek, Pretax Profit Margin regression line of its data series had standard deviation of  0.08 and standard deviation of  0.08. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.16526395
Current Value
0.17
Quarterly Volatility
0.08019629
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eltek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eltek main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 79.8 K or Total Revenue of 38.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0152 or PTB Ratio of 3.22. Eltek financial statements analysis is a perfect complement when working with Eltek Valuation or Volatility modules.
  
This module can also supplement various Eltek Technical models . 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.

Latest Eltek's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Eltek over the last few years. It is Eltek's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Eltek Pretax Profit Margin Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.05
Coefficient Of Variation261.48
Mean Deviation0.06
Median0.04
Standard Deviation0.08
Sample Variance0.01
Range0.283
R-Value0.51
Mean Square Error0.01
R-Squared0.26
Significance0.05
Slope0.01
Total Sum of Squares0.09

Eltek Pretax Profit Margin History

2023 0.17
2022 0.0973
2021 0.0444
2020 0.073
2019 0.0537
2018 -0.075
2017 -0.11

About Eltek Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eltek income statement, its balance sheet, and the statement of cash flows. Eltek investors use historical funamental indicators, such as Eltek's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Eltek investors may use each financial statement separately, they are all related. The changes in Eltek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eltek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eltek Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eltek. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.17  0.17 

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Eltek using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Eltek Stock analysis

When running Eltek's price analysis, check to measure Eltek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eltek is operating at the current time. Most of Eltek's value examination focuses on studying past and present price action to predict the probability of Eltek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eltek's price. Additionally, you may evaluate how the addition of Eltek to your portfolios can decrease your overall portfolio volatility.
CEOs Directory
Screen CEOs from public companies around the world
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Commodity Directory
Find actively traded commodities issued by global exchanges
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Is Eltek's industry 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. If investors know Eltek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eltek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.598
Earnings Share
1.07
Revenue Per Share
7.911
Quarterly Revenue Growth
0.176
Return On Assets
0.1034
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.
Please note, there is a significant difference between Eltek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eltek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eltek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.