Eltek Ltd logo

Eltek Ltd(ELTK)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$6.1
11/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ELTK

11/09/2026: ELTK (1-star) is currently NOT-A-BUY. Pass it for now.

Eltek Ltd is a specialized manufacturer of high-reliability, complex printed circuit boards (PCBs) primarily serving the defense, aerospace, and medical sectors. The company is known for its engineering-led approach and critical certifications, which grant it a defensive niche against mass-market competitors. Its primary growth story involves capitalizing on mission-critical electronics demand and recent manufacturing upgrades to boost capacity. However, investors must consider risks like high operational volatility during factory transitions, sensitivity to currency fluctuations, and intense global price competition. The stock best suits investors seeking niche exposure to specialized electronics who can tolerate the risks associated with operational restructuring and small-cap volatility.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitEltek offers specialized market exposure but is subject to volatile cycles and high operational transition risks.
Momentum investorWeak fitThe stock often lacks consistent, sustained upward momentum due to irregular profitability and niche market dynamics.
Value investorMixed fitEltek may be considered for its specialized niche assets, but valuation requires adjusting for non-recurring operational and restructuring costs.
Dividend investorWeak fitDividend payments are irregular and linked to variable operational success, making it unsuitable for core income strategies.
Low-risk investorWeak fitHigh sensitivity to currency fluctuations, operational transitions, and customer concentration creates significant volatility for low-risk profiles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is prone to sharp fluctuations based on earnings reports and sector-specific news cycles.
Valuation riskMediumProfitability can be distorted by one-time operational changes, making P/E ratios inconsistent indicators.
Competition risk (global PCB manufacturing)HighIntense competition from large, low-cost manufacturers limits pricing power.
Business qualityMediumThe company has a strong niche reputation for reliability but struggles with operating margin scalability.
Dividend incomeMediumIncome is unpredictable and not a reliable source of consistent yield for investors.
Execution riskMedium / highSuccessful integration of new manufacturing technology is critical to long-term margin improvement.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -58.72%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/09/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ELTK receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
ELTK has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and moderate ownership. In FY2025 versus FY2024, solid revenue growth (+11.3%) is partially offset by negative earnings growth (-80.4%), weak cash generation (FCF margin -9.1%), soft profitability (net margin 1.6%).

Financial Health Rating

★★★★★
ELTK's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 37.7%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is ELTK's strongest growth driver at +11.3% FY2025 versus FY2024 (solid, 4 stars). By comparison, while earnings growth (-80.4%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 6.2% (soft) and 37.1% of outstanding shares are publicly tradable (moderate). Insider ownership of 62.90% supports management-shareholder alignment.

Top 5 Institutional Investors

Yelin Lapidot Holdings Management Ltd 3.76%
Renaissance Technologies Corp 1.15%
James Investment Research, Inc. 0.39%
Goss Wealth Management LLC 0.39%
Northern Trust Corp 0.38%

Unit Economics (Per $1K Revenue)

★★★★★
ELTK generates approximately $154 of gross profit, $45 of operating income, and $-91 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Negative free cash flow explains the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 23.02%

Quantitative Style Profile

★★★★★
ELTK has a relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 40.20M USD
Price to earnings Ratio -
1Y Target Price 18
Price to earnings Ratio -
1Y Target Price 18
Volume (30-day avg) 3.4K shares
Beta 0.76
52 Weeks Range 5.87 - 11.59
Updated Date 11/08/2026
52 Weeks Range 5.87 - 11.59
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.91

How Company Makes Money

Business areaWhat it includesRetail investor read
PCB ManufacturingCustom production of complex rigid and flex-rigid circuit boards.The company makes money by creating high-value electronic components that are critical for functioning devices in sensitive industries.
Geography (Israel/Global)Operations primarily in Israel with significant international export exposure.Revenue exposure is diversified but heavily influenced by regional currency movements (NIS/USD).

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE 10.25
Enterprise Value 41.61M
Price to Sales(TTM) 0.83
Enterprise Value 41.61M
Price to Sales(TTM) 0.83
Enterprise Value to Revenue 0.86
Enterprise Value to EBITDA 15.01
Shares Outstanding 6.72M
Shares Floating 2.49M
Shares Outstanding 6.72M
Shares Floating 2.49M
Percent Insiders 62.9
Percent Institutions 6.17

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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