EN DE
Watch Eltek Ltd for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Eltek Ltd (ELTK) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Eltek Ltd stock $2.85, price $5.98, that is 52.3% below the price, quality 33 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Technology US · Home Israel · ISIN IL0010828411

EL Eltek Ltd logo Thin data Nov 9, 2026

Eltek Ltd

ELTK · US
Very expensive, weak quality

Our calculation puts a fair price 52% below what the stock costs today.

Low debt
Expensive Growth (revenue 5y +7.1 %/yr in USD)
Loss over the last twelve months · -12.7% net margin (TTM) · fiscal year 2025 1.6%
Mixed vs. peers (5/12)
Insiders sold $43,554 (6M)
Profit last quarter 55% below a year ago.
Fair value $2.85 · Strongly overvalued
Quality 33/100
Negative free cash flow
Narrow moat 12/100 · thin data
Thin data
Watch Eltek Ltd for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$21.89 $3.28 Fair Value $2.85 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.

How to read this chart

60‑month range $3.28 – $21.89 · fair‑value band $1.88 – $3.59 · the $5.98 price screens above the $2.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.

Follow Eltek in your weekly email

Every Wednesday you see whether Eltek is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Eltek Ltd. engages in the manufacture, marketing, and sale of printed circuit boards (PCBs) in Israel, North America, India, the Netherlands, rest of Europe, and internationally.

Show moreShow less

The company offers various custom designed PCBs, including complex rigid, double-sided and multi-layer PCBs, and flexible circuitry boards.

It 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, the company provides training and consulting services.

It primarily serves medical technology, defense and aerospace, industrial, telecom, and networking equipment industries, as well as contract electronic manufacturers.

The company 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. operates as a subsidiary of Nistec Golan Ltd.

Stock analysis

Eltek Ltd (ELTK) currently trades at $5.98, while our model-based Fair Value estimate is $2.85, 52% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of $5.88 per share, and 3 of the 15 models we run sit above the $5.98 price.

Bear case: the Earnings-Based group reads lowest at $1.76, and 12 of the 15 models stay below the price. Data coverage for this calculation is low.

Scenario range: $1.88 (bear) to $3.59 (bull), the price of $5.98 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 33/100 (below-average quality), in the Technology sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Eltek Ltd reported revenue of $51.8M in FY2025 versus $33.8M in FY2021, a compound +11.2%/yr. Reported net income was $826K in FY2025, compounding −36.4%/yr from FY2021.

Key figures

Market cap $44.4M Micro · P/S ratio 0.92 · EPS (TTM) $−0.9100 · Dividend yield 2.9% · Net margin −12.7% · Return on equity −13.8% · Return on assets (EBIT) 7.6% (5-year average) · Operating margin −22.1%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (low confidence).

What moves the price

The share trades about 48% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −52%, ELTK screens richer than that median.

Fair Value models

Bear $1.88 Fair Value $2.85 Bull $3.59
Price $5.98 · Downside -52.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income $4.65 $4.70 $4.90 76
EPV $2.94 $3.43 $3.87 74
ROIC Compounder $2.94 $3.43 $3.87 72
All 15 models by family
Earnings-Based
Graham-Dodd $0.8400 $1.76 $2.23 66
PEG = 1.0 $0.2600 $0.3800 $0.4900 57
EPV $2.94 $3.43 $3.87 74
Dividend Discount
Gordon GGM $1.75 $2.64 $3.59 68
DDM Multi-Stage $1.75 $2.50 $3.35 67
Multiples
P/E Multiple $2.58 $3.44 $4.30 63
P/S Multiple $1.57 $2.09 $2.61 58
P/B Multiple $9.38 $12.51 $15.64 55
EV/EBIT $5.70 $7.80 $9.89 66
EV/EBITDA $8.36 $11.34 $14.32 67
EV/Revenue $2.60 $3.96 $5.32 53
Asset-Based
NCAV (Graham) $1.88 $2.85 $3.56 55
Economic Profit
Residual Income $4.65 $4.70 $4.90 76
ROIC Compounder $2.94 $3.43 $3.87 72
Growth Earnings
Growth-Adj P/E $1.87 $2.67 $3.47 67

Open the full fair value analysis →

Quality Score breakdown

Overall quality 33/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 28
How much profit the company makes from its sales and capital
Quality Growth 22
Are margins and returns getting better?
Cashflow 9
Do the profits arrive as real cash?
Financial strength 79
Debt, balance sheet and risk of trouble
Investment 23
Does it invest with discipline instead of growing at any price?
Low Volatility 51
How calm the share price moves, does not count
Price momentum 8
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 65
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, one officer or director sold shares worth $43,554 and none bought.

  • SaleGad DovevDirector2× since Sep 17, 2026: 5,112 shares, avg. $8.52$43,554Sep 22, 2026

Plus 2 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 42/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+11.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.1%
Start year 2020 (pandemic). Over 10 years: +2.3% a year
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.5%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−23.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−26.8%
Dividend (yield on the price)2.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−26.8% vs −13.4%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 10.4%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

ELTK screens overvalued: fair value 52% below the price. Compare with Amphenol Corporation →

Compare Eltek Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 653 stocks

Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 33 · Bottom 25%
Fair Value upside −52.3% · Below median
Profitability
Return on assets 1.3% · Below median
Net margin (12 months) −12.7% · Bottom 25%
Operating margin (12 months) −22.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −7.9% · Bottom 25%
Dividend yield (12 months) 2.9% · Top 25%
Balance sheet
Debt / equity 0.06× · Below median

Valuation Multiplesvs Electronic Components median · lower = cheaper

P/B 0.95× · Cheapest 25%
P/S (12 months) 0.92× · Cheapest 25%
PEG 0.22× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)0 · sector 70
PAST (return on equity)0 · sector 28
HEALTH (low debt)97 · sector 95
DIVIDEND (yield)58 · sector 27

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Hon Hai Precision Industry Co 2317 239.00 TWD 292.29 TWD +22% vs ELTK
TE Connectivity plc TEL $207.01 $224.30 +8% vs ELTK
Asia Vital Components Co 3017 2,540 TWD 2,737 TWD +8% vs ELTK
Shengyi Technology Co 600183 ¥70.49 ¥66.42 −6% vs ELTK
Amphenol Corporation APH $74.59 $69.74 −7% vs ELTK
Celestica Inc CLS $206.68 $109.91 −47% vs ELTK
Delta Electronics, Inc 2308 1,160 TWD 519.57 TWD −55% vs ELTK
Luxshare Precision Industry Co 002475 ¥50.05 ¥18.44 −63% vs ELTK
Corning Incorporated GLW $106.13 $33.72 −68% vs ELTK
Samsung Electro-Mechanics Co 009150 870,000 KRW 171,572 KRW −80% vs ELTK

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Eltek Ltd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Eltek Ltd Fair Value". https://www.fairvalue-calculator.com/stock/ELTK

Frequently asked questions

Is Eltek Ltd (ELTK) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of $2.85 versus a price of $5.98, about 52% lower (overvalued).
What is the fair value of ELTK?
Our model-based fair value for Eltek Ltd is $2.85 (as of Nov 9, 2026), built from audited fundamentals. The current price: $5.98.
What is the quality score of ELTK?
Eltek Ltd has a Quality Score of 33/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Eltek Ltd (ELTK)?
Our model-based price target is the fair value of $2.85 (as of Nov 9, 2026) from 15 valuation models. Cautious scenario $1.88, optimistic scenario $3.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Eltek Ltd stock forecast for 2026?
Our models put fair value at $2.85, about 52% lower versus a price of $5.98 (overvalued). Cautious scenario $1.88, optimistic scenario $3.59. The calculation is refreshed regularly with new filings.
What is the revenue of Eltek Ltd (ELTK)?
Eltek Ltd reported trailing-twelve-month revenue of about $48.5M (latest available figure, as of Nov 9, 2026).
Does Eltek Ltd pay a dividend?
Eltek Ltd currently shows a dividend yield of 2.88% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Eltek Ltd (ELTK)?
Eltek Ltd has a dividend yield of 2.9%.
What is the intrinsic value of Eltek Ltd (ELTK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Eltek Ltd it is $2.85 per share (as of Nov 9, 2026), against a price of $5.98. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Eltek Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, ELTK trades above its calculated fair value: price $5.98, fair value $2.85, a gap of about −52% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ELTK?
No. The price is what the market pays today ($5.98); the fair value is what the company's own numbers justify ($2.85). For Eltek Ltd the two are $3.13 per share apart. That gap is exactly why we show both numbers side by side.
How much is Eltek Ltd worth?
The market values Eltek Ltd at about $44.4M (market capitalisation, as of Nov 9, 2026). Per share that is $5.98; our models calculate a fair value of $2.85 per share.
What do the bullish and bearish scenarios say about ELTK?
Our models span a range for Eltek Ltd: cautious scenario $1.88, base $2.85, optimistic $3.59 per share (as of Nov 9, 2026, price $5.98). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of ELTK?
The PEG ratio of Eltek Ltd is 0.22 (P/E divided by earnings growth, as of Nov 9, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Eltek Ltd (ELTK)?
Balance-sheet figures for Eltek Ltd (as of Nov 9, 2026): return on equity −13.8%, debt of 0.06 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is ELTK from its 52-week high?
Eltek Ltd trades at $5.98, about 48% below its 52-week high of $11.55 and at the low of $5.98 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $2.85 is for.
Which stocks are comparable to Eltek Ltd?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Eltek Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price $5.98, calculated fair value $2.85 (−52%), Quality Score 33/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ELTK calculated?
We run Eltek Ltd through 15 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $2.85 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Eltek Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Eltek Ltd (ELTK)?
The closing price on Nov 6, 2026 was $5.98. Our model-based fair value is $2.85, about 52% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Eltek Ltd right now?
The price sits above even our optimistic bull case ($3.59). The favourable scenario is already priced in. Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($1.88 to $3.59) leaves room in how you read the outcome.

Key figures of Eltek Ltd

How large is the market capitalisation of Eltek Ltd (ELTK)?
The market capitalisation of Eltek Ltd is $44.4M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Eltek Ltd (ELTK)?
The price-to-sales ratio of Eltek Ltd is 0.92 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Eltek Ltd (ELTK)?
Earnings per share at Eltek Ltd are $−0.9100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Eltek Ltd (ELTK)?
The dividend yield of Eltek Ltd is 2.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Eltek Ltd (ELTK)?
The net margin of Eltek Ltd is −12.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Eltek Ltd (ELTK)?
The return on equity (ROE) of Eltek Ltd is −13.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Eltek Ltd (ELTK)?
On an EBIT basis the return on assets of Eltek Ltd is 7.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Eltek Ltd (ELTK)?
The operating margin of Eltek Ltd is −22.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Eltek Ltd (ELTK)?
Revenue at Eltek Ltd is growing −7.9% versus a year earlier (3y avg +9.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Eltek Ltd (ELTK)?
Earnings per share at Eltek Ltd are growing −54.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Eltek Ltd (ELTK) generate?
The free cash flow of Eltek Ltd is −$4.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Eltek Ltd (ELTK) carry?
The net debt of Eltek Ltd is $3.9M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Eltek Ltd in the live analysis

One click puts Eltek Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.