Eltek Net Worth

Eltek Net Worth Breakdown

  ELTK
The net worth of Eltek is the difference between its total assets and liabilities. Eltek's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Eltek's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Eltek's net worth can be used as a measure of its financial health and stability which can help investors to decide if Eltek is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Eltek stock.

Eltek Net Worth Analysis

Eltek's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Eltek's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Eltek's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Eltek's net worth analysis. One common approach is to calculate Eltek's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Eltek's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Eltek's net worth. This approach calculates the present value of Eltek's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Eltek's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Eltek's net worth. This involves comparing Eltek's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Eltek's net worth relative to its peers.

Enterprise Value

83.71 Million

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 net worth research are outlined below:
Eltek generated a negative expected return over the last 90 days
Eltek has high historical volatility and very poor performance
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 52.0% of the company shares are held by company insiders

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

Eltek Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eltek target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Eltek's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   One  Strong Buy
Most Eltek analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Eltek stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Eltek, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Eltek Target Price Projection

Eltek's current and average target prices are 10.90 and 11.50, respectively. The current price of Eltek is the price at which Eltek is currently trading. On the other hand, Eltek's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Eltek Market Quote on 29th of April 2024

Low Price10.86Odds
High Price11.25Odds

10.9

Target Price

Analyst Consensus On Eltek Target Price

Low Estimate10.47Odds
High Estimate12.77Odds

11.5

Historical Lowest Forecast  10.47 Target Price  11.5 Highest Forecast  12.77
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Eltek and the information provided on this page.

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
Morgan Stanley - Brokerage Accounts2023-12-31
K
Absolute Investment Management Llc2023-12-31
484
Bank Of Montreal2023-09-30
0.0
Bmo Capital Markets Corp.2023-09-30
0.0
Renaissance Technologies Corp2023-12-31
95.5 K
Navellier & Associates Inc2023-12-31
81.8 K
Goss Wealth Management Llc2023-12-31
46.2 K
Marshall Wace Asset Management Ltd2023-12-31
40.3 K
Quadrature Capital Llp2023-12-31
27.1 K
James Investment Research, Inc.2023-12-31
25.9 K
Heron Bay Capital Management2023-12-31
17.7 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.

Follow Eltek's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 73.08 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.

Market Cap

86.46 Million

Project Eltek's profitablity

Eltek's profitability indicators refer to fundamental financial ratios that showcase Eltek's ability to generate income relative to its revenue or operating costs. If, let's say, Eltek is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eltek's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eltek's profitability requires more research than a typical breakdown of Eltek's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected 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 0.14 %, 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.
When accessing Eltek's net worth, it's important to look at multiple sources and consider different scenarios. 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.
The data published in Eltek's official financial statements usually reflect Eltek's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eltek. For example, before you start analyzing numbers published by Eltek accountants, it's critical to develop an understanding of what Eltek's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Eltek's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eltek's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eltek's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eltek. Please utilize our Beneish M Score to check the likelihood of Eltek's management manipulating its earnings.

Evaluate Eltek's 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.
Last ReportedProjected for Next Year
Book Value Per Share 4.55  5.58 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 4.55  5.14 
Enterprise Value Over EBITDA 9.26  9.72 
Price Book Value Ratio 3.06  3.22 
Enterprise Value Multiple 9.26  9.72 
Price Fair Value 3.06  3.22 
Enterprise Value79.7 M83.7 M
The analysis of Eltek's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Eltek's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Eltek Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
1.2841
Revenue
46.7 M
Quarterly Revenue Growth
0.176
Revenue Per Share
7.911
Return On Equity
0.2653

Eltek Corporate Filings

26th of March 2024
Other Reports
ViewVerify
6K
11th of March 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.
ViewVerify
F3
4th of January 2024
An amendment to the original Schedule 13D filing
ViewVerify
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 Earnings Estimation Breakdown

The calculation of Eltek's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Eltek is estimated to be 0.26 with the future projection ranging from a low of 0.26 to a high of 0.26. Please be aware that this consensus of annual earnings estimates for Eltek is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.22
0.26
Lowest
Expected EPS
0.26
0.26
Highest

Eltek Earnings Projection Consensus

Suppose the current estimates of Eltek's value are higher than the current market price of the Eltek stock. In this case, investors may conclude that Eltek is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Eltek's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
059.09%
0.22
0.26
1.07

Eltek Earnings per Share Projection vs Actual

Actual Earning per Share of Eltek refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Eltek predict the company's earnings will be in the future. The higher the earnings per share of Eltek, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Eltek Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Eltek, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Eltek should always be considered in relation to other companies to make a more educated investment decision.

Eltek Quarterly Analyst Estimates and Surprise Metrics

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-03-11
2023-12-310.310.22-0.0929 
2023-11-16
2023-09-300.310.360.0516 
2023-08-21
2023-06-300.20.220.0210 
2023-05-18
2023-03-310.130.270.14107 
2020-03-31
2019-12-3100.120.12
2019-03-31
2018-12-3100.11930.1193
2018-03-31
2017-12-310-0.3302-0.3302
2015-03-31
2014-12-310-0.1154-0.1154
2014-03-31
2013-12-310-0.0922-0.0922
2013-03-31
2012-12-3100.09610.0961
2012-03-31
2011-12-3100.39790.3979
1997-06-17
1997-03-310.8-0.2-1.0125 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eltek without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Eltek Corporate Directors

Eltek corporate directors refer to members of an Eltek board of directors. The board of directors generally takes responsibility for the Eltek's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eltek's board members must vote for the resolution. The Eltek board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Eltek Stock?

The net worth of Eltek is the difference between its total assets and liabilities. Eltek's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Eltek's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Eltek's net worth can be used as a measure of its financial health and stability which can help investors to decide if Eltek is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Eltek stock.

Already Invested in Eltek?

The danger of trading Eltek is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eltek is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eltek. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eltek is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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
Dividend Share
0.22
Earnings Share
1.07
Revenue Per Share
7.911
Quarterly Revenue Growth
0.176
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.