(ELTK) Eltek - Ratings and Ratios

Eltek Ltd. (NASDAQ:ELTK) is a global manufacturer of printed circuit boards (PCBs), catering to a diverse range of industries including medical technology, defense and aerospace, industrial, telecom, and networking equipment. The company specializes in custom-designed PCBs, offering rigid, double-sided, multi-layer, and flexible circuitry boards. Elteks product portfolio also includes high-density interconnect (HDI), flex-rigid, and multi-layered boards, which are critical components in modern electronics. With a strong presence in Israel, Europe, North America, India, the Netherlands, and other international markets, Eltek leverages its expertise in PCB manufacturing to deliver solutions tailored to the specific needs of its clients. The companys customer base includes original equipment manufacturers (OEMs), contract electronic manufacturers (CEMs), and PCB trading companies. Eltek Ltd. was founded in 1970 and is headquartered in Petah Tikva, Israel, operating as a subsidiary of Nistec Golan Ltd.

From a technical perspective, ELTK has shown a mixed trend in recent months. The stock is currently trading at $11.37, slightly above its 20-day simple moving average (SMA) of $11.34 but below its 50-day SMA of $11.20. The 200-day SMA stands at $10.77, indicating a longer-term upward trend. The average true range (ATR) of 0.36 suggests moderate volatility, while the average 20-day volume of 10,265 shares reflects limited trading activity.

Fundamentally, Eltek Ltd. has a market capitalization of $77.73 million, with a trailing P/E ratio of 13.62 and a forward P/E of 11.35, signaling expectations of future earnings growth. The P/B ratio of 1.93 indicates that the stock is trading at a premium to its book value, while the P/S ratio of 1.62 reflects a reasonable valuation relative to its revenue. The return on equity (RoE) of 12.28% highlights the companys ability to generate profits from shareholders equity.