Eltek Ltd. (ELTK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Eltek Ltd. (ELTK) stock price & volume — 10-year historical chart
Eltek Ltd. (ELTK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Eltek Ltd. (ELTK) competitors in Electronics Manufacturing and Circuit Boards — business model, growth, and fundamentals comparison
Eltek Ltd. (ELTK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Eltek Ltd. (ELTK) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 32.75M | 33.94M | 34.79M | 36.71M | 33.82M | 39.65M | 46.7M | 46.53M | 51.79M |
| Revenue Growth % | -11.63% | 3.62% | 2.52% | 5.5% | -7.86% | 17.23% | 17.77% | -0.36% | 11.31% |
| Cost of Goods Sold | 31.43M | 31.34M | 28.79M | 28.97M | 26.93M | 31.38M | 33.59M | 36.19M | 43.81M |
| COGS % of Revenue | 95.95% | 92.35% | 82.74% | 78.92% | 79.61% | 79.14% | 71.94% | 77.78% | 84.58% |
| Gross Profit | 1.33M▲ 0% | 2.6M▲ 95.7% | 6.01M▲ 131.3% | 7.74M▲ 28.8% | 6.9M▼ 10.9% | 8.27M▲ 19.9% | 13.1M▲ 58.4% | 10.34M▼ 21.1% | 7.98M▼ 22.8% |
| Gross Margin % | 4.05% | 7.65% | 17.26% | 21.08% | 20.39% | 20.86% | 28.06% | 22.22% | 15.42% |
| Gross Profit Growth % | -52.89% | 95.7% | 131.31% | 28.82% | -10.87% | 19.91% | 58.43% | -21.09% | -22.78% |
| Operating Expenses | 4.75M | 4.67M | 4.62M | 4.71M | 4.95M | 5.3M | 5.81M | 5.95M | 5.64M |
| OpEx % of Revenue | 14.49% | 13.76% | 13.28% | 12.82% | 14.63% | 13.36% | 12.44% | 12.78% | 10.88% |
| Selling, General & Admin | 4.7M | 4.67M | 4.6M | 4.7M | 4.87M | 5.21M | 5.72M | 5.76M | 5.59M |
| SG&A % of Revenue | 14.36% | 13.76% | 13.23% | 12.81% | 14.4% | 13.13% | 12.25% | 12.38% | 10.79% |
| Research & Development | 41K | 0 | 16K | 2K | 78K | 92K | 85K | 187K | 50K |
| R&D % of Revenue | 0.13% | - | 0.05% | 0.01% | 0.23% | 0.23% | 0.18% | 0.4% | 0.1% |
| Other Operating Expenses | 15K | 3K | 0 | -16K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.42M▲ 0% | -2.07M▲ 39.4% | 1.39M▲ 166.9% | 3.03M▲ 118.6% | 1.95M▼ 35.7% | 2.97M▲ 52.4% | 7.29M▲ 145.5% | 4.39M▼ 39.8% | 2.35M▼ 46.6% |
| Operating Margin % | -10.44% | -6.11% | 3.99% | 8.26% | 5.76% | 7.49% | 15.62% | 9.44% | 4.53% |
| Operating Income Growth % | -70.99% | 39.38% | 166.94% | 118.6% | -35.72% | 52.44% | 145.54% | -39.79% | -46.56% |
| EBITDA | -1.35M | -423K | 2.9M | 4.62M | 3.73M | 4.51M | 8.61M | 5.94M | 4.45M |
| EBITDA Margin % | -4.12% | -1.25% | 8.32% | 12.6% | 11.03% | 11.38% | 18.44% | 12.76% | 8.59% |
| EBITDA Growth % | -842.66% | 68.62% | 784.4% | 59.72% | -19.33% | 20.97% | 90.87% | -31.05% | -25.04% |
| D&A (Non-Cash Add-back) | 2.07M | 1.65M | 1.51M | 1.59M | 1.78M | 1.54M | 1.32M | 1.55M | 2.1M |
| EBIT | -3.53M | -2.39M | 1.89M | 2.69M | 1.53M | 3.99M | 7.8M | 5.1M | 2.35M |
| Net Interest Income | -298K | -451K | -335K | -210K | -75K | -137K | 47K | 692K | -1.27M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 169K | 730K | 0 |
| Interest Expense | 298K | 451K | 335K | 210K | 75K | 137K | 122K | 38K | 1.27M |
| Other Income/Expense | -283K | -472K | 483K | -353K | -447K | 887K | 422K | 705K | -1.27M |
| Pretax Income | -3.7M▲ 0% | -2.54M▲ 31.3% | 1.87M▲ 173.5% | 2.68M▲ 43.3% | 1.5M▼ 43.9% | 3.86M▲ 156.9% | 7.72M▲ 100.0% | 5.1M▼ 34.0% | 1.07M▼ 78.9% |
| Pretax Margin % | -11.3% | -7.5% | 5.37% | 7.3% | 4.44% | 9.73% | 16.53% | 10.95% | 2.07% |
| Income Tax | 74K | 63K | 77K | 71K | -3.54M | 664K | 1.36M | 873K | 247K |
| Effective Tax Rate % | -2% | -2.48% | 4.12% | 2.65% | -235.49% | 17.21% | 17.68% | 17.13% | 23.02% |
| Net Income | -3.77M▲ 0% | -2.61M▲ 30.9% | 1.79M▲ 168.8% | 2.61M▲ 45.5% | 5.04M▲ 93.2% | 3.19M▼ 36.6% | 6.35M▲ 98.9% | 4.22M▼ 33.5% | 826K▼ 80.4% |
| Net Margin % | -11.53% | -7.68% | 5.15% | 7.1% | 14.9% | 8.06% | 13.61% | 9.08% | 1.59% |
| Net Income Growth % | -4.17% | 30.94% | 168.78% | 45.45% | 93.21% | -36.61% | 98.9% | -33.51% | -80.45% |
| Net Income (Continuing) | -3.77M | -2.61M | 1.79M | 2.61M | 5.04M | 3.19M | 6.35M | 4.22M | 826K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.86▲ 0% | -1.29▲ 30.6% | 0.48▲ 137.2% | 0.58▲ 20.8% | 0.86▲ 48.3% | 0.55▼ 36.0% | 1.07▲ 94.5% | 0.63▼ 41.1% | 0.12▼ 81.0% |
| EPS Growth % | -3.91% | 30.65% | 137.21% | 20.83% | 48.28% | -36.05% | 94.55% | -41.12% | -80.95% |
| EPS (Basic) | -1.86 | -1.29 | 0.48 | 0.58 | 0.86 | 0.55 | 1.08 | 0.64 | 0.12 |
| Diluted Shares Outstanding | 2.03M | 2.03M | 3.73M | 4.5M | 5.87M | 5.85M | 5.96M | 6.7M | 6.79M |
| Basic Shares Outstanding | 2.03M | 2.03M | 3.73M | 4.5M | 5.84M | 5.85M | 5.9M | 6.63M | 6.72M |
| Dividend Payout Ratio | - | - | - | - | - | 31.12% | 20.79% | - | 154.48% |
Eltek Ltd. (ELTK) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 13.5M | 11.45M | 13.52M | 18.82M | 22.58M | 23.4M | 30.11M | 39.11M | 38.67M |
| Cash & Short-Term Investments | 887K | 992K | 1.63M | 4.74M | 9.28M | 7.37M | 12.14M | 17.24M | 12.12M |
| Cash Only | 887K | 992K | 1.63M | 4.74M | 9.28M | 7.37M | 9.28M | 7.58M | 2.48M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2.86M | 9.66M | 9.64M |
| Accounts Receivable | 8.74M | 6.55M | 7.63M | 9.76M | 7.82M | 10.4M | 11.29M | 12.04M | 15.4M |
| Days Sales Outstanding | 97.44 | 70.44 | 79.99 | 97.07 | 84.38 | 95.72 | 88.21 | 94.42 | 108.51 |
| Inventory | 3.87M | 3.61M | 3.73M | 3.7M | 4.89M | 5.13M | 6.13M | 9.49M | 11.15M |
| Days Inventory Outstanding | 44.96 | 42.05 | 47.36 | 46.67 | 66.33 | 59.67 | 66.66 | 95.7 | 92.94 |
| Other Current Assets | 1.53M | 0 | 0 | 574K | 585K | 0 | 302K | 56K | 0 |
| Total Non-Current Assets | 8.64M | 6.71M | 9.31M | 16.34M | 20.2M | 18.12M | 17.06M | 21.04M | 27.59M |
| Property, Plant & Equipment | 8.59M | 6.62M | 9.25M | 16.21M | 16.35M | 15.37M | 15.91M | 20.49M | 27.13M |
| Fixed Asset Turnover | 3.81x | 5.12x | 3.76x | 2.26x | 2.07x | 2.58x | 2.94x | 2.27x | 1.91x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 62K | 1.24M | 1.1M | 0 | 0 | 0 |
| Other Non-Current Assets | 57K | 92K | 60K | 64K | 292K | 261K | 931K | 552K | 65K |
| Total Assets | 22.14M▲ 0% | 18.16M▼ 18.0% | 22.83M▲ 25.7% | 35.16M▲ 54.0% | 42.78M▲ 21.7% | 41.52M▼ 2.9% | 47.17M▲ 13.6% | 60.16M▲ 27.5% | 66.26M▲ 10.1% |
| Asset Turnover | 1.48x | 1.87x | 1.52x | 1.04x | 0.79x | 0.95x | 0.99x | 0.77x | 0.78x |
| Asset Growth % | 9.93% | -18% | 25.71% | 54% | 21.69% | -2.95% | 13.6% | 27.53% | 10.15% |
| Total Current Liabilities | 18.07M | 16.76M | 14.77M | 9.7M | 9.26M | 10.47M | 13.98M | 13.33M | 13.71M |
| Accounts Payable | 5.45M | 4.11M | 4.2M | 4.45M | 4.04M | 4.79M | 7.5M | 7.37M | 6.05M |
| Days Payables Outstanding | 63.31 | 47.84 | 53.2 | 56.09 | 54.82 | 55.75 | 81.52 | 74.31 | 50.38 |
| Short-Term Debt | 8.51M | 9.27M | 5.59M | 1.42M | 1.64M | 1.55M | 0 | 0 | 1.1M |
| Deferred Revenue (Current) | 3.44M | 2.9M | 2.91M | 3.42M | 3.19M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 944K | 666K | 248K | 1.65M | 1.21M | 1.86M | 2.05M | 5.14M | 6.57M |
| Current Ratio | 0.75x | 0.68x | 0.92x | 1.94x | 2.44x | 2.23x | 2.15x | 2.93x | 2.82x |
| Quick Ratio | 0.53x | 0.47x | 0.66x | 1.56x | 1.91x | 1.74x | 1.71x | 2.22x | 2.01x |
| Cash Conversion Cycle | 79.09 | 64.65 | 74.14 | 87.64 | 95.89 | 99.64 | 73.35 | 115.81 | 151.06 |
| Total Non-Current Liabilities | 619K | 519K | 1.79M | 10.19M | 12.45M | 10.03M | 6.32M | 5.63M | 5.81M |
| Long-Term Debt | 388K | 308K | 387K | 1.29M | 3.92M | 2.77M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 308K | 1.48M | 8.27M | 8.19M | 6.44M | 5.87M | 5.19M | 5.3M |
| Deferred Tax Liabilities | 0 | 0 | 45K | 84K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 231K | -97K | -119K | 544K | 344K | 280K | 447K | 443K | 515K |
| Total Liabilities | 18.69M | 17.28M | 16.56M | 19.89M | 21.71M | 20.5M | 20.3M | 18.96M | 19.52M |
| Total Debt | 8.89M | 9.58M | 8.46M | 11.19M | 13.75M | 11.3M | 6.66M | 6.02M | 6.4M |
| Net Debt | 8.01M | 8.59M | 6.83M | 6.45M | 4.46M | 3.93M | -2.62M | -1.56M | 3.92M |
| Debt / Equity | 2.57x | 10.86x | 1.35x | 0.73x | 0.65x | 0.54x | 0.25x | 0.15x | 0.14x |
| Debt / EBITDA | - | - | 2.92x | 2.42x | 3.69x | 2.50x | 0.77x | 1.01x | 1.44x |
| Net Debt / EBITDA | - | - | 2.36x | 1.39x | 1.20x | 0.87x | -0.30x | -0.26x | 0.88x |
| Interest Coverage | -11.47x | -4.59x | 4.14x | 14.44x | 25.99x | 21.69x | 59.80x | 115.58x | 1.84x |
| Total Equity | 3.46M▲ 0% | 882K▼ 74.5% | 6.27M▲ 610.8% | 15.27M▲ 143.5% | 21.07M▲ 38.0% | 21.02M▼ 0.2% | 26.87M▲ 27.8% | 41.19M▲ 53.3% | 46.74M▲ 13.5% |
| Equity Growth % | -47.86% | -74.5% | 610.77% | 143.53% | 38.02% | -0.25% | 27.84% | 53.29% | 13.46% |
| Book Value per Share | 1.71 | 0.43 | 1.68 | 3.39 | 3.59 | 3.59 | 4.51 | 6.15 | 6.88 |
| Total Shareholders' Equity | 3.46M | 882K | 6.27M | 15.27M | 21.07M | 21.02M | 26.87M | 41.19M | 46.74M |
| Common Stock | 1.99M | 1.99M | 3.96M | 5.3M | 5.3M | 5.3M | 5.44M | 6.01M | 6.01M |
| Retained Earnings | -18.91M | -21.51M | -19.72M | -17.11M | -12.07M | -9.87M | -4.84M | -617K | -1.07M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.11M | 3.14M | 3.44M | 4.24M | 5M | 2.73M | 2.68M | 3.17M | 9.13M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Eltek Ltd. (ELTK) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.44M | -813K | 2.58M | 3.25M | 3.88M | 3.83M | 8.86M | 4.54M | 632K |
| Operating CF Margin % | -10.51% | -2.4% | 7.41% | 8.86% | 11.46% | 9.66% | 18.98% | 9.76% | 1.22% |
| Operating CF Growth % | -2187.27% | 76.39% | 417.1% | 26.14% | 19.16% | -1.19% | 131.44% | -48.77% | -86.08% |
| Net Income | -3.77M | -2.61M | 1.79M | 2.61M | 5.04M | 3.19M | 6.35M | 4.22M | 826K |
| Depreciation & Amortization | 1.72M | 1.65M | 1.51M | 1.59M | 1.78M | 1.54M | 1.32M | 1.55M | 2.1M |
| Stock-Based Compensation | 0 | 56K | 141K | 121K | 203K | 250K | 363K | 607K | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 166K |
| Other Non-Cash Items | 22K | -692K | 136K | -416K | -4.01M | 2.2M | 2.29M | 1.55M | 1.26M |
| Working Capital Changes | -1.41M | 781K | -1M | -653K | 866K | -3.35M | -1.46M | -3.39M | -3.72M |
| Change in Receivables | -597K | 790K | -1.28M | -956K | 2.26M | -3.94M | -1.01M | -988K | -1.14M |
| Change in Inventory | 471K | -30K | 175K | 290K | -1.02M | -806K | -1.14M | -3.53M | -283K |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.95M |
| Cash from Investing | -275K | -619K | -806K | -1.14M | -1.65M | -3.03M | -2.96M | -15.87M | -4.82M |
| Capital Expenditures | -275K | -619K | -931K | -1.08M | -1.53M | -3.03M | -2.43M | -9.51M | -5.35M |
| CapEx % of Revenue | 0.84% | 1.82% | 2.68% | 2.95% | 4.54% | 7.63% | 5.21% | 20.43% | 10.33% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 125K | -58K | -112K | -2K | -527K | -6.37M | 534K |
| Cash from Financing | 3.24M | 1.53M | -1.13M | 814K | 2.12M | -1.64M | -3.81M | 9.61M | -1.24M |
| Debt Issued (Net) | -942K | -849K | -810K | 481K | 2.5M | -669K | -3.35M | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | -994K | -1.32M | 0 | -1.28M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 4.19M | 2.38M | -322K | 333K | -377K | 25K | 863K | 9.61M | 0 |
| Net Change in Cash | -347K▲ 0% | 105K▲ 130.3% | 636K▲ 505.7% | 3.11M▲ 388.5% | 4.55M▲ 46.4% | -1.92M▼ 142.2% | 1.91M▲ 199.7% | -1.7M▼ 189.1% | -5.09M▼ 199.1% |
| Free Cash Flow | -3.72M▲ 0% | -1.43M▲ 61.5% | 1.65M▲ 215.0% | 2.17M▲ 31.8% | 2.34M▲ 7.8% | 802K▼ 65.7% | 6.43M▲ 701.7% | -4.97M▼ 177.2% | -4.72M▲ 5.0% |
| FCF Margin % | -11.35% | -4.22% | 4.73% | 5.91% | 6.92% | 2.02% | 13.77% | -10.67% | -9.11% |
| FCF Growth % | -584.9% | 61.49% | 215.01% | 31.75% | 7.83% | -65.73% | 701.75% | -177.23% | 4.97% |
| FCF per Share | -1.83 | -0.71 | 0.44 | 0.48 | 0.40 | 0.14 | 1.08 | -0.74 | -0.70 |
| FCF Conversion (FCF/Net Income) | 0.91x | 0.31x | 1.44x | 1.25x | 0.77x | 1.20x | 1.39x | 1.07x | 0.77x |
| Interest Paid | 0 | 0 | 232K | 163K | 29K | 129K | 84K | 0 | 0 |
| Taxes Paid | 0 | 0 | 43K | 37K | 57K | 38K | 37K | 61K | 0 |
Eltek Ltd. (ELTK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -42.94% | -74.8% | -120.11% | 50.15% | 24.22% | 27.73% | 15.18% | 26.53% | 12.41% | 1.88% |
| Return on Invested Capital (ROIC) | -12.7% | -23.64% | -14.84% | 9.22% | 13.06% | 6.19% | 8.83% | 22.24% | 10.31% | 3.9% |
| Gross Margin | 7.6% | 4.05% | 7.65% | 17.26% | 21.08% | 20.39% | 20.86% | 28.06% | 22.22% | 15.42% |
| Net Margin | -9.78% | -11.53% | -7.68% | 5.15% | 7.1% | 14.9% | 8.06% | 13.61% | 9.08% | 1.59% |
| Debt / Equity | 0.73x | 2.57x | 10.86x | 1.35x | 0.73x | 0.65x | 0.54x | 0.25x | 0.15x | 0.14x |
| Interest Coverage | -5.88x | -11.47x | -4.59x | 4.14x | 14.44x | 25.99x | 21.69x | 59.80x | 115.58x | 1.84x |
| FCF Conversion | -0.05x | 0.91x | 0.31x | 1.44x | 1.25x | 0.77x | 1.20x | 1.39x | 1.07x | 0.77x |
| Revenue Growth | -10.36% | -11.63% | 3.62% | 2.52% | 5.5% | -7.86% | 17.23% | 17.77% | -0.36% | 11.31% |
Eltek Ltd. (ELTK) stock FAQ — growth, dividends, profitability & financials explained
Eltek Ltd. (ELTK) reported $51.8M in revenue for fiscal year 2025. This represents a 107% increase from $25.0M in 1997.
Eltek Ltd. (ELTK) grew revenue by 11.3% over the past year. This is steady growth.
Yes, Eltek Ltd. (ELTK) is profitable, generating $0.8M in net income for fiscal year 2025 (1.6% net margin).
Yes, Eltek Ltd. (ELTK) pays a dividend with a yield of 2.28%. This makes it attractive for income-focused investors.
Eltek Ltd. (ELTK) has a return on equity (ROE) of 1.9%. This is below average, suggesting room for improvement.
Eltek Ltd. (ELTK) had negative free cash flow of $5.0M in fiscal year 2025, likely due to heavy capital investments.
Eltek Ltd. (ELTK) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates