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ELTK logo ELTK
Upturn stock rating
ELTK logo

Eltek Ltd (ELTK)

Upturn stock rating
$11.27
Last Close (24-hour delay)
Profit since last BUY5.23%
upturn advisory
Consider higher Upturn Star rating
BUY since 29 days
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

10/31/2025: ELTK (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $18

1 Year Target Price $18

Analysts Price Target For last 52 week
$18 Target price
52w Low $7.48
Current$11.27
52w High $12.19

Analysis of Past Performance

Type Stock
Historic Profit -20.81%
Avg. Invested days 28
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/31/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 75.73M USD
Price to earnings Ratio 25.04
1Y Target Price 18
Price to earnings Ratio 25.04
1Y Target Price 18
Volume (30-day avg) 1
Beta 0.54
52 Weeks Range 7.48 - 12.19
Updated Date 11/2/2025
52 Weeks Range 7.48 - 12.19
Updated Date 11/2/2025
Dividends yield (FY) 1.69%
Basic EPS (TTM) 0.45

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 6.26%
Operating Margin (TTM) 11.62%

Management Effectiveness

Return on Assets (TTM) 4.66%
Return on Equity (TTM) 7.51%

Valuation

Trailing PE 25.04
Forward PE 10.25
Enterprise Value 68547916
Price to Sales(TTM) 1.53
Enterprise Value 68547916
Price to Sales(TTM) 1.53
Enterprise Value to Revenue 1.38
Enterprise Value to EBITDA 9.92
Shares Outstanding 6719827
Shares Floating 3177229
Shares Outstanding 6719827
Shares Floating 3177229
Percent Insiders 52.69
Percent Institutions 8.31

ai summary icon Upturn AI SWOT

Eltek Ltd

stock logo

Company Overview

overview logo History and Background

Eltek Ltd is a global provider of high-reliability, high-density printed circuit boards (PCBs). Founded in 1970, it has evolved from a local PCB manufacturer to an international player with advanced technology and diverse applications.

business area logo Core Business Areas

  • High Density Interconnect (HDI) PCBs: Manufacturing of advanced PCBs with fine lines and micro vias, used in demanding applications.
  • Rigid-Flex PCBs: Production of PCBs that combine rigid and flexible sections, suitable for complex electronic designs.
  • Specialized PCBs: Creating PCBs for specific industries, including military, aerospace, and medical.

leadership logo Leadership and Structure

Eltek's leadership team consists of experienced professionals in the PCB industry. The organizational structure is designed to support global manufacturing and customer service.

Top Products and Market Share

overview logo Key Offerings

  • HDI PCBs: High-density interconnect PCBs for applications requiring miniaturization and high performance. The market share data is difficult to obtain precisely, but estimates suggest Eltek holds a single-digit percentage in the global HDI PCB market. Key competitors include TTM Technologies (TTMI), Compeq (TWSE:2313), and Unimicron (TWSE:3037).
  • Rigid-Flex PCBs: PCBs that combine rigid and flexible circuit boards, used in applications with limited space. As above, the market share data is difficult to obtain precisely, but estimates suggest Eltek holds a single-digit percentage. Key competitors include NOK (TYO:7240), and Multi-Fineline Electronix (acquired by Suzhou Dongshan Precision Manufacturing Co., Ltd.).

Market Dynamics

industry overview logo Industry Overview

The global PCB market is experiencing growth, driven by advancements in electronics, increasing demand for miniaturization, and expansion in the automotive, industrial, and consumer electronics sectors.

Positioning

Eltek is positioned as a provider of high-quality, specialized PCBs for demanding applications. Its competitive advantages include advanced technology, manufacturing expertise, and customer service.

Total Addressable Market (TAM)

The global PCB market is estimated to be over $80 billion, with continued growth expected. Eltek targets specific segments within this market, focusing on high-reliability applications.

Upturn SWOT Analysis

Strengths

  • Advanced PCB technology
  • High-quality manufacturing
  • Strong customer relationships
  • Expertise in specialized applications

Weaknesses

  • Limited scale compared to larger competitors
  • Dependence on specific industries
  • Exposure to raw material price fluctuations

Opportunities

  • Growing demand for HDI and rigid-flex PCBs
  • Expansion into new industries (e.g., electric vehicles)
  • Strategic partnerships and acquisitions
  • Increasing outsourcing of PCB manufacturing

Threats

  • Intense competition from global PCB manufacturers
  • Technological obsolescence
  • Economic downturns impacting demand
  • Geopolitical risks affecting supply chains

Competitors and Market Share

competitor logo Key Competitors

  • TTMI
  • SANMINA
  • VPCB

Competitive Landscape

Eltek competes with larger PCB manufacturers on technology and specialization. It needs to leverage its strengths in specific markets to maintain a competitive edge.

Major Acquisitions

Nistec Ltd.

  • Year: 2016
  • Acquisition Price (USD millions):
  • Strategic Rationale: Nistec, a technology holding company, acquired Eltek to strengthen its position in the PCB market and expand its portfolio of technology solutions.

Growth Trajectory and Initiatives

Historical Growth: Historical growth was dependent on global economic conditions and specific industry trends.

Future Projections: Future growth is now tied to Nistec's overall strategy and investment in the PCB sector. Independent projections are unavailable.

Recent Initiatives: Focus is on integrating Eltek's capabilities within Nistec's broader operations and leveraging synergies.

Summary

Eltek Ltd, now part of Nistec, operates in the high-reliability PCB market. It faces strong competition but has strengths in specialized applications and technology. The acquisition brings opportunities for growth, but its independent financial visibility is now limited. Eltek needs to focus on leveraging its technological capabilities and strategic partnerships to stay competitive and grow within Nistec's framework. Continuous innovation is key to address both increased competition and cost optimization pressures within the overall global PCB supply chain.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Website
  • Industry Reports
  • SEC Filings (where available)
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and estimates. Market share data is approximate. Financial data may be limited due to Eltek's status as a subsidiary of Nistec.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Eltek Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 1997-01-22
CEO -
Sector Technology
Industry Electronic Components
Full time employees 329
Full time employees 329

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, North America, India, the Netherlands, rest of Europe, and internationally. It offers a range of custom designed PCBs, including complex rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high-density circuit boards; and flexible and flex rigid PCBs, and multi-layered boards, as well as act as a supplier for the importation of PCBs. In addition, it provides training and consulting services. The company primarily serves medical technology, defense and aerospace, industrial, telecom, and networking equipment industries, as well as contract electronic manufacturers. It markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petah Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.