Eltek Stock Analysis

Eltek Stock Analysis Notes

About 52.0% of the company shares are held by company insiders. The book value of Eltek was currently reported as 4.46. The company last dividend was issued on the 12th of December 2023. Eltek had 1:5 split on the 22nd of November 2017. Eltek Ltd. manufactures, markets, and sells printed circuit boards in Israel, Europe, North America, India, the Netherlands, and internationally. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 264 people. To learn more about Eltek call Roberto Tulman at 972 3 939 5025 or check out https://www.nisteceltek.com.

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Eltek Thematic Classifications

Eltek Stock Institutional Investors

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 Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 71.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eltek's market, we take the total number of its shares issued and multiply it by Eltek's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Eltek Profitablity

The company has Profit Margin (PM) of 0.14 %, 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 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16.

Management Efficiency

Eltek has return on total asset (ROA) of 0.1034 % which means that it generated a profit of $0.1034 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2653 %, meaning that it created $0.2653 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.

Technical Drivers

As of the 1st of May, Eltek shows the Mean Deviation of 3.73, standard deviation of 6.26, and Variance of 39.21. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Eltek, which can be compared to its peers. Please confirm Eltek market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Eltek is priced favorably, providing market reflects its regular price of 10.86 per share. Given that Eltek has information ratio of (0.12), we urge you to verify Eltek's prevailing market performance to make sure the company can sustain itself at a future point.

Eltek Price Movement Analysis

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Eltek Corporate Filings

Eltek Forecast Models

Eltek's time-series forecasting models are one of many Eltek's stock analysis techniques aimed at predicting 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eltek prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eltek shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Eltek. By using and applying Eltek Stock analysis, traders can create a robust methodology for identifying Eltek entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eltek analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eltek analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Eltek stock analysis indicators help investors evaluate how Eltek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Eltek shares will generate the highest return on investment. By understating and applying Eltek stock analysis, traders can identify Eltek position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eltek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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.

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.

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.