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Eltek Ltd
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Let's analyse Eltek Ltd together

PenkeI guess you are interested in Eltek Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Eltek Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Eltek Ltd (30 sec.)










What can you expect buying and holding a share of Eltek Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$0.19
When do you have the money?
1 year
How often do you get paid?
7.9%

What is your share worth?

Current worth
$4.01
Expected worth in 1 year
$4.73
How sure are you?
47.4%

+ What do you gain per year?

Total Gains per Share
$0.91
Return On Investment
8.1%

For what price can you sell your share?

Current Price per Share
$11.14
Expected price per share
$9.2313 - $13.00
How sure are you?
50%

1. Valuation of Eltek Ltd (5 min.)




Live pricePrice per Share (EOD)

$11.14

Intrinsic Value Per Share

$-1.26 - $19.12

Total Value Per Share

$2.76 - $23.14

2. Growth of Eltek Ltd (5 min.)




Is Eltek Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$26.8m$21.1m$3m12.6%

How much money is Eltek Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.5m$987.7k$600.5k37.8%
Net Profit Margin13.6%9.5%--

How much money comes from the company's main activities?

3. Financial Health of Eltek Ltd (5 min.)




4. Comparing to competitors in the Electronic Components industry (5 min.)




  Industry Rankings (Electronic Components)  


Richest
#455 / 524

Most Revenue
#413 / 524

Most Profit
#280 / 524

What can you expect buying and holding a share of Eltek Ltd? (5 min.)

Welcome investor! Eltek Ltd's management wants to use your money to grow the business. In return you get a share of Eltek Ltd.

What can you expect buying and holding a share of Eltek Ltd?

First you should know what it really means to hold a share of Eltek Ltd. And how you can make/lose money.

Speculation

The Price per Share of Eltek Ltd is $11.14. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Eltek Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Eltek Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.01. Based on the TTM, the Book Value Change Per Share is $0.18 per quarter. Based on the YOY, the Book Value Change Per Share is $0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Eltek Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.201.8%0.242.1%0.121.1%0.141.3%0.030.3%
Usd Book Value Change Per Share0.322.8%0.181.6%0.040.3%0.191.7%0.050.5%
Usd Dividend Per Share0.191.7%0.050.4%0.070.7%0.020.2%0.010.1%
Usd Total Gains Per Share0.514.5%0.232.0%0.111.0%0.222.0%0.070.6%
Usd Price Per Share13.95-9.23-3.88-5.22-3.57-
Price to Earnings Ratio17.54-10.32-8.41--7.05--4.46-
Price-to-Total Gains Ratio27.59-40.70-24.78-26.47--7.53-
Price to Book Ratio3.47-2.50-1.22-3.12-3.55-
Price-to-Total Gains Ratio27.59-40.70-24.78-26.47--7.53-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.14
Number of shares89
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.02
Usd Book Value Change Per Share0.180.19
Usd Total Gains Per Share0.230.22
Gains per Quarter (89 shares)20.1919.45
Gains per Year (89 shares)80.7677.79
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
117647196968
23412815217138146
35119123326207224
46825531435276302
58531939543346380
610238347652415458
711944755761484536
813651063869553614
915357471978622692
1016963880087691770

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%25.013.00.065.8%58.036.00.061.7%
Book Value Change Per Share3.00.01.075.0%9.02.01.075.0%15.02.03.075.0%18.014.06.047.4%43.031.020.045.7%
Dividend per Share1.00.03.025.0%3.00.09.025.0%3.00.017.015.0%3.00.035.07.9%4.00.090.04.3%
Total Gains per Share3.00.01.075.0%9.02.01.075.0%15.02.03.075.0%18.014.06.047.4%43.031.020.045.7%

Fundamentals of Eltek Ltd

About Eltek Ltd

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards. The company also offers high density interconnect, flex-rigid, and multi-layered boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. 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 Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.

Fundamental data was last updated by Penke on 2024-03-20 16:05:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Eltek Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Eltek Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Eltek Ltd to the Electronic Components industry mean.
  • A Net Profit Margin of 10.8% means that $0.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Eltek Ltd:

  • The MRQ is 10.8%. The company is making a huge profit. +2
  • The TTM is 13.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.8%TTM13.6%-2.8%
TTM13.6%YOY9.5%+4.1%
TTM13.6%5Y9.1%+4.5%
5Y9.1%10Y1.6%+7.5%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%3.6%+7.2%
TTM13.6%4.1%+9.5%
YOY9.5%5.4%+4.1%
5Y9.1%4.4%+4.7%
10Y1.6%4.8%-3.2%
1.1.2. Return on Assets

Shows how efficient Eltek Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Eltek Ltd to the Electronic Components industry mean.
  • 2.8% Return on Assets means that Eltek Ltd generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Eltek Ltd:

  • The MRQ is 2.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.8%TTM3.7%-0.9%
TTM3.7%YOY2.4%+1.3%
TTM3.7%5Y2.4%+1.3%
5Y2.4%10Y0.0%+2.4%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%0.8%+2.0%
TTM3.7%0.9%+2.8%
YOY2.4%1.3%+1.1%
5Y2.4%1.1%+1.3%
10Y0.0%1.1%-1.1%
1.1.3. Return on Equity

Shows how efficient Eltek Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Eltek Ltd to the Electronic Components industry mean.
  • 5.0% Return on Equity means Eltek Ltd generated $0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Eltek Ltd:

  • The MRQ is 5.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 6.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.0%TTM6.6%-1.6%
TTM6.6%YOY4.6%+2.0%
TTM6.6%5Y2.6%+3.9%
5Y2.6%10Y-6.8%+9.4%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%1.5%+3.5%
TTM6.6%1.5%+5.1%
YOY4.6%2.5%+2.1%
5Y2.6%2.1%+0.5%
10Y-6.8%2.1%-8.9%

1.2. Operating Efficiency of Eltek Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Eltek Ltd is operating .

  • Measures how much profit Eltek Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Eltek Ltd to the Electronic Components industry mean.
  • An Operating Margin of 16.2% means the company generated $0.16  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Eltek Ltd:

  • The MRQ is 16.2%. The company is operating efficient. +1
  • The TTM is 15.6%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ16.2%TTM15.6%+0.7%
TTM15.6%YOY8.8%+6.7%
TTM15.6%5Y7.7%+7.9%
5Y7.7%10Y1.8%+5.8%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ16.2%5.6%+10.6%
TTM15.6%2.1%+13.5%
YOY8.8%5.3%+3.5%
5Y7.7%5.3%+2.4%
10Y1.8%4.3%-2.5%
1.2.2. Operating Ratio

Measures how efficient Eltek Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Components industry mean).
  • An Operation Ratio of 0.84 means that the operating costs are $0.84 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Eltek Ltd:

  • The MRQ is 0.838. The company is less efficient in keeping operating costs low.
  • The TTM is 0.844. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.838TTM0.844-0.007
TTM0.844YOY0.912-0.067
TTM0.8445Y0.923-0.079
5Y0.92310Y0.981-0.058
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8381.732-0.894
TTM0.8441.729-0.885
YOY0.9121.714-0.802
5Y0.9231.690-0.767
10Y0.9811.487-0.506

1.3. Liquidity of Eltek Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Eltek Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
  • A Current Ratio of 2.15 means the company has $2.15 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Eltek Ltd:

  • The MRQ is 2.153. The company is able to pay all its short-term debts. +1
  • The TTM is 2.261. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.153TTM2.261-0.108
TTM2.261YOY2.346-0.085
TTM2.2615Y1.821+0.440
5Y1.82110Y1.409+0.412
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1531.861+0.292
TTM2.2611.846+0.415
YOY2.3461.849+0.497
5Y1.8211.890-0.069
10Y1.4091.689-0.280
1.3.2. Quick Ratio

Measures if Eltek Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Eltek Ltd to the Electronic Components industry mean.
  • A Quick Ratio of 1.90 means the company can pay off $1.90 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Eltek Ltd:

  • The MRQ is 1.902. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.810. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.902TTM1.810+0.092
TTM1.810YOY1.790+0.020
TTM1.8105Y1.397+0.413
5Y1.39710Y1.025+0.372
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9020.773+1.129
TTM1.8100.759+1.051
YOY1.7900.809+0.981
5Y1.3970.847+0.550
10Y1.0250.882+0.143

1.4. Solvency of Eltek Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Eltek Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Eltek Ltd to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.43 means that Eltek Ltd assets are financed with 43.0% credit (debt) and the remaining percentage (100% - 43.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Eltek Ltd:

  • The MRQ is 0.430. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.437. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.430TTM0.437-0.006
TTM0.437YOY0.489-0.052
TTM0.4375Y0.584-0.148
5Y0.58410Y0.648-0.063
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4300.422+0.008
TTM0.4370.424+0.013
YOY0.4890.445+0.044
5Y0.5840.442+0.142
10Y0.6480.426+0.222
1.4.2. Debt to Equity Ratio

Measures if Eltek Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Eltek Ltd to the Electronic Components industry mean.
  • A Debt to Equity ratio of 75.5% means that company has $0.76 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Eltek Ltd:

  • The MRQ is 0.755. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.777. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.755TTM0.777-0.022
TTM0.777YOY0.957-0.180
TTM0.7775Y2.407-1.630
5Y2.40710Y3.423-1.015
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7550.748+0.007
TTM0.7770.757+0.020
YOY0.9570.824+0.133
5Y2.4070.822+1.585
10Y3.4230.804+2.619

2. Market Valuation of Eltek Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Eltek Ltd generates.

  • Above 15 is considered overpriced but always compare Eltek Ltd to the Electronic Components industry mean.
  • A PE ratio of 17.54 means the investor is paying $17.54 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Eltek Ltd:

  • The EOD is 14.006. Based on the earnings, the company is underpriced. +1
  • The MRQ is 17.539. Based on the earnings, the company is fair priced.
  • The TTM is 10.320. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.006MRQ17.539-3.533
MRQ17.539TTM10.320+7.219
TTM10.320YOY8.411+1.909
TTM10.3205Y-7.051+17.371
5Y-7.05110Y-4.459-2.592
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD14.00614.767-0.761
MRQ17.53914.696+2.843
TTM10.32014.600-4.280
YOY8.41112.909-4.498
5Y-7.05118.612-25.663
10Y-4.45923.001-27.460
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Eltek Ltd:

  • The EOD is 18.326. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.949. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -5.894. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD18.326MRQ22.949-4.623
MRQ22.949TTM-5.894+28.842
TTM-5.894YOY30.886-36.779
TTM-5.8945Y12.637-18.531
5Y12.63710Y7.640+4.997
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD18.3265.304+13.022
MRQ22.9495.406+17.543
TTM-5.8942.989-8.883
YOY30.8861.824+29.062
5Y12.6371.629+11.008
10Y7.6401.916+5.724
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Eltek Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electronic Components industry mean).
  • A PB ratio of 3.47 means the investor is paying $3.47 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Eltek Ltd:

  • The EOD is 2.775. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.475. Based on the equity, the company is fair priced.
  • The TTM is 2.495. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.775MRQ3.475-0.700
MRQ3.475TTM2.495+0.980
TTM2.495YOY1.225+1.270
TTM2.4955Y3.124-0.629
5Y3.12410Y3.554-0.430
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD2.7751.807+0.968
MRQ3.4751.910+1.565
TTM2.4951.949+0.546
YOY1.2251.921-0.696
5Y3.1242.147+0.977
10Y3.5542.257+1.297
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Eltek Ltd.

3.1. Institutions holding Eltek Ltd

Institutions are holding 6.077% of the shares of Eltek Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Renaissance Technologies Corp1.42730.002195538-12185-11.3114
2023-12-31Navellier & Associates Inc1.22250.1718182842178106.3758
2023-12-31Goss Wealth Management LLC0.68950.0078461522024578.1449
2023-12-31Marshall Wace Asset Management Ltd0.60280.00140349403490
2023-12-31Quadrature Capital LLP0.40490.007127101271010
2023-12-31James Investment Research, Inc.0.3870.04542590700
2023-12-31Heron Bay Capital Management0.2640.057117669-4751-21.1909
2023-12-31UBS Group AG0.2360.0001157988325.5593
2023-12-31Jump Financial, LLC0.19570.00613100131000
2023-12-31Sunbelt Securities0.09450.011163243776.3393
2023-12-31Acadian Asset Management LLC0.07430.00034975244796.7959
2023-12-31Morgan Stanley - Brokerage Accounts0.02990200000
2023-12-31Absolute Investment Management LLC0.00720.0084844840
2023-09-30Bank of Montreal000-10692-100
2023-09-30BMO Capital Markets Corp.000-10692-100
Total 5.63560.317377225+108793+28.8%

3.2. Funds holding Eltek Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Navellier & Associates Fundamental A0.30714.4022055900
2024-01-31Fidelity Nasdaq Composite Index0.06820.0005456400
2023-11-30Forte Foreign Equity0.01490.08781000-1000-50
Total 0.39024.490326123-1000-3.8%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Eltek Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3150.179+76%0.037+743%0.194+62%0.053+493%
Book Value Per Share--4.0153.623+11%3.167+27%2.288+75%1.697+137%
Current Ratio--2.1532.261-5%2.346-8%1.821+18%1.409+53%
Debt To Asset Ratio--0.4300.437-1%0.489-12%0.584-26%0.648-34%
Debt To Equity Ratio--0.7550.777-3%0.957-21%2.407-69%3.423-78%
Dividend Per Share--0.1900.048+300%0.074+156%0.024+681%0.013+1385%
Eps--0.1990.237-16%0.119+67%0.140+42%0.031+534%
Free Cash Flow Per Share--0.1520.238-36%0.030+404%0.075+103%-0.006+104%
Free Cash Flow To Equity Per Share--0.0400.097-59%-0.031+178%0.062-35%0.026+53%
Gross Profit Margin--1.0001.0000%1.0000%0.854+17%0.923+8%
Intrinsic Value_10Y_max--19.121--------
Intrinsic Value_10Y_min---1.256--------
Intrinsic Value_1Y_max--0.684--------
Intrinsic Value_1Y_min---0.041--------
Intrinsic Value_3Y_max--2.993--------
Intrinsic Value_3Y_min---0.198--------
Intrinsic Value_5Y_max--6.435--------
Intrinsic Value_5Y_min---0.435--------
Market Cap74567261.000-25%93376417.50061779377.358+51%25961823.549+260%34938008.199+167%23885233.133+291%
Net Profit Margin--0.1080.136-21%0.095+13%0.091+19%0.016+587%
Operating Margin--0.1620.156+4%0.088+84%0.077+112%0.018+782%
Operating Ratio--0.8380.844-1%0.912-8%0.923-9%0.981-15%
Pb Ratio2.775-25%3.4752.495+39%1.225+184%3.124+11%3.554-2%
Pe Ratio14.006-25%17.53910.320+70%8.411+109%-7.051+140%-4.459+125%
Price Per Share11.140-25%13.9509.230+51%3.879+260%5.220+167%3.568+291%
Price To Free Cash Flow Ratio18.326-25%22.949-5.894+126%30.886-26%12.637+82%7.640+200%
Price To Total Gains Ratio22.031-25%27.58840.697-32%24.779+11%26.474+4%-7.534+127%
Quick Ratio--1.9021.810+5%1.790+6%1.397+36%1.025+85%
Return On Assets--0.0280.037-24%0.024+18%0.024+16%0.000+9077%
Return On Equity--0.0500.066-25%0.046+7%0.026+87%-0.068+237%
Total Gains Per Share--0.5060.227+123%0.112+353%0.219+131%0.066+666%
Usd Book Value--26872000.00024249000.000+11%21196000.000+27%15316050.000+75%11360605.263+137%
Usd Book Value Change Per Share--0.3150.179+76%0.037+743%0.194+62%0.053+493%
Usd Book Value Per Share--4.0153.623+11%3.167+27%2.288+75%1.697+137%
Usd Dividend Per Share--0.1900.048+300%0.074+156%0.024+681%0.013+1385%
Usd Eps--0.1990.237-16%0.119+67%0.140+42%0.031+534%
Usd Free Cash Flow--1017227.0001593056.750-36%202000.000+404%501361.350+103%-39651.921+104%
Usd Free Cash Flow Per Share--0.1520.238-36%0.030+404%0.075+103%-0.006+104%
Usd Free Cash Flow To Equity Per Share--0.0400.097-59%-0.031+178%0.062-35%0.026+53%
Usd Market Cap74567261.000-25%93376417.50061779377.358+51%25961823.549+260%34938008.199+167%23885233.133+291%
Usd Price Per Share11.140-25%13.9509.230+51%3.879+260%5.220+167%3.568+291%
Usd Profit--1331000.0001588250.000-16%987750.000+35%926000.000+44%234842.105+467%
Usd Revenue--12321000.00011673750.000+6%10160250.000+21%9558800.000+29%9489289.474+30%
Usd Total Gains Per Share--0.5060.227+123%0.112+353%0.219+131%0.066+666%
 EOD+4 -4MRQTTM+18 -17YOY+31 -45Y+30 -610Y+33 -3

4.2. Fundamental Score

Let's check the fundamental score of Eltek Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.006
Price to Book Ratio (EOD)Between0-12.775
Net Profit Margin (MRQ)Greater than00.108
Operating Margin (MRQ)Greater than00.162
Quick Ratio (MRQ)Greater than11.902
Current Ratio (MRQ)Greater than12.153
Debt to Asset Ratio (MRQ)Less than10.430
Debt to Equity Ratio (MRQ)Less than10.755
Return on Equity (MRQ)Greater than0.150.050
Return on Assets (MRQ)Greater than0.050.028
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of Eltek Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose10.990
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Total Other Income Expense Net 2870287-9719089279-613-334



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets47,171
Total Liabilities20,299
Total Stockholder Equity26,872
 As reported
Total Liabilities 20,299
Total Stockholder Equity+ 26,872
Total Assets = 47,171

Assets

Total Assets47,171
Total Current Assets30,107
Long-term Assets17,064
Total Current Assets
Cash And Cash Equivalents 9,278
Short-term Investments 2,862
Net Receivables 11,587
Inventory 6,135
Other Current Assets 245
Total Current Assets  (as reported)30,107
Total Current Assets  (calculated)30,107
+/-0
Long-term Assets
Property Plant Equipment 15,909
Long-term Assets Other 1,155
Long-term Assets  (as reported)17,064
Long-term Assets  (calculated)17,064
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities13,981
Long-term Liabilities6,318
Total Stockholder Equity26,872
Total Current Liabilities
Short-term Debt 789
Accounts payable 7,503
Other Current Liabilities 5,689
Total Current Liabilities  (as reported)13,981
Total Current Liabilities  (calculated)13,981
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)6,318
Long-term Liabilities  (calculated)0
+/- 6,318
Total Stockholder Equity
Common Stock5,443
Retained Earnings -4,841
Accumulated Other Comprehensive Income 2,683
Other Stockholders Equity 23,587
Total Stockholder Equity (as reported)26,872
Total Stockholder Equity (calculated)26,872
+/-0
Other
Cash and Short Term Investments 12,140
Common Stock Shares Outstanding 6,074
Liabilities and Stockholders Equity 47,171
Net Debt -2,618
Net Working Capital 16,126
Short Long Term Debt Total 6,660



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-30
> Total Assets 
0
0
0
22,000
0
0
0
20,400
0
0
0
17,114
16,600
16,690
18,302
18,701
19,504
22,317
22,274
23,714
23,566
22,853
23,096
21,145
23,096
23,287
22,771
22,771
22,771
20,183
20,238
20,238
20,238
17,872
18,558
18,558
16,543
18,492
18,816
18,816
21,254
22,564
23,142
23,142
25,844
27,153
29,182
29,182
30,393
30,097
25,453
25,453
25,213
25,407
23,771
23,771
23,044
23,547
23,837
23,837
25,333
23,617
22,869
22,869
22,786
22,838
23,449
23,449
26,354
27,896
31,454
31,454
29,640
27,970
26,266
26,266
26,560
26,317
25,419
25,080
24,672
24,129
20,145
21,704
21,135
21,198
22,145
22,145
21,972
21,701
18,160
18,160
23,169
23,137
22,829
22,829
23,225
22,996
35,157
33,576
37,639
37,210
42,783
43,367
40,154
41,126
41,191
41,191
41,465
42,275
47,171
47,17142,27541,46541,19141,19141,12640,15443,36742,78337,21037,63933,57635,15722,99623,22522,82922,82923,13723,16918,16018,16021,70121,97222,14522,14521,19821,13521,70420,14524,12924,67225,08025,41926,31726,56026,26626,26627,97029,64031,45431,45427,89626,35423,44923,44922,83822,78622,86922,86923,61725,33323,83723,83723,54723,04423,77123,77125,40725,21325,45325,45330,09730,39329,18229,18227,15325,84423,14223,14222,56421,25418,81618,81618,49216,54318,55818,55817,87220,23820,23820,23820,18322,77122,77122,77123,28723,09621,14523,09622,85323,56623,71422,27422,31719,50418,70118,30216,69016,60017,11400020,40000022,000000
   > Total Current Assets 
0
0
0
11,300
0
0
0
9,900
0
0
0
6,910
7,290
7,510
8,907
9,004
9,487
11,861
11,542
11,922
11,010
10,610
11,307
10,036
11,307
10,540
10,075
10,075
10,075
8,863
9,196
9,196
9,196
9,229
10,029
10,029
9,558
10,823
10,691
10,691
12,937
13,653
13,956
13,956
15,073
15,381
15,857
15,857
15,848
16,226
13,643
13,643
14,113
14,168
12,591
12,591
13,032
13,241
13,600
13,600
16,335
15,449
14,566
14,566
14,477
13,863
14,258
14,258
16,646
17,903
18,355
18,355
16,296
14,952
14,883
14,883
15,235
14,935
13,963
13,552
13,509
13,055
11,320
12,451
11,759
12,520
13,502
13,502
14,450
14,013
11,445
11,445
13,697
13,533
13,518
13,518
14,672
14,475
18,820
17,731
21,667
20,712
22,581
24,004
23,005
22,955
24,417
24,417
26,460
27,941
30,107
30,10727,94126,46024,41724,41722,95523,00524,00422,58120,71221,66717,73118,82014,47514,67213,51813,51813,53313,69711,44511,44514,01314,45013,50213,50212,52011,75912,45111,32013,05513,50913,55213,96314,93515,23514,88314,88314,95216,29618,35518,35517,90316,64614,25814,25813,86314,47714,56614,56615,44916,33513,60013,60013,24113,03212,59112,59114,16814,11313,64313,64316,22615,84815,85715,85715,38115,07313,95613,95613,65312,93710,69110,69110,8239,55810,02910,0299,2299,1969,1969,1968,86310,07510,07510,07510,54011,30710,03611,30710,61011,01011,92211,54211,8619,4879,0048,9077,5107,2906,9100009,90000011,300000
       Cash And Cash Equivalents 
0
0
0
4,100
0
0
0
200
0
0
0
378
410
270
285
606
403
855
1,093
1,490
1,423
1,600
1,424
1,690
1,424
2,179
1,342
1,342
1,342
948
998
998
998
1,020
986
986
505
380
1,577
1,577
1,378
1,576
2,030
2,030
2,522
1,725
2,467
2,467
810
1,519
1,556
1,556
2,511
2,080
1,258
1,258
1,134
1,219
1,513
1,513
1,865
1,310
892
892
1,621
1,434
1,935
1,935
829
1,378
2,514
2,514
1,237
654
1,129
1,129
994
1,218
1,038
938
894
842
1,234
1,029
792
1,003
887
887
991
1,201
992
992
1,837
2,289
1,628
1,628
3,407
2,651
4,735
6,406
9,169
8,885
9,283
9,054
8,246
7,847
8,059
8,059
8,330
11,305
9,278
9,27811,3058,3308,0598,0597,8478,2469,0549,2838,8859,1696,4064,7352,6513,4071,6281,6282,2891,8379929921,2019918878871,0037921,0291,2348428949381,0381,2189941,1291,1296541,2372,5142,5141,3788291,9351,9351,4341,6218928921,3101,8651,5131,5131,2191,1341,2581,2582,0802,5111,5561,5561,5198102,4672,4671,7252,5222,0302,0301,5761,3781,5771,5773805059869861,0209989989989481,3421,3421,3422,1791,4241,6901,4241,6001,4231,4901,0938554036062852704103780002000004,100000
       Short-term Investments 
0
0
0
0
0
0
0
1,500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,862
2,8620000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001,5000000000
       Net Receivables 
0
0
0
4,900
0
0
0
5,500
0
0
0
4,177
4,400
4,690
5,392
5,599
6,131
7,979
7,242
7,289
6,112
5,606
6,517
5,401
6,517
5,453
5,811
5,811
5,811
5,044
5,035
5,035
5,035
5,200
5,766
5,766
5,777
6,694
5,413
5,413
7,483
7,820
7,968
7,968
8,386
9,022
8,915
8,915
9,722
9,928
7,248
7,248
7,030
7,708
6,932
6,932
7,748
7,524
7,490
7,490
8,945
8,425
8,885
8,885
7,755
6,808
6,921
6,921
9,908
9,870
9,579
9,579
9,181
8,764
8,884
8,884
8,689
8,759
8,288
7,931
7,770
7,058
5,909
7,167
6,268
6,827
6,963
6,963
8,692
8,482
6,550
6,550
7,950
7,047
7,625
7,625
7,791
8,121
9,762
6,708
8,594
7,342
7,819
8,899
9,295
10,153
10,436
10,436
12,116
10,831
11,587
11,58710,83112,11610,43610,43610,1539,2958,8997,8197,3428,5946,7089,7628,1217,7917,6257,6257,0477,9506,5506,5508,4828,6926,9636,9636,8276,2687,1675,9097,0587,7707,9318,2888,7598,6898,8848,8848,7649,1819,5799,5799,8709,9086,9216,9216,8087,7558,8858,8858,4258,9457,4907,4907,5247,7486,9326,9327,7087,0307,2487,2489,9289,7228,9158,9159,0228,3867,9687,9687,8207,4835,4135,4136,6945,7775,7665,7665,2005,0355,0355,0355,0445,8115,8115,8115,4536,5175,4016,5175,6066,1127,2897,2427,9796,1315,5995,3924,6904,4004,1770005,5000004,900000
       Other Current Assets 
0
0
0
0
0
0
0
100
0
0
0
0
0
0
0
95
0
0
167
0
274
294
218
141
218
190
256
0
256
138
158
0
158
210
2
2
262
308
214
214
384
375
192
192
215
261
204
204
298
353
229
229
298
367
463
463
161
1
315
315
226
271
355
355
321
285
417
417
262
332
605
605
243
361
857
857
274
255
460
202
227
321
456
263
394
348
1,781
1,781
212
367
292
292
0
412
530
530
0
151
619
552
0
269
586
582
385
320
615
615
326
228
245
2452283266156153203855825862690552619151053053041202922923672121,7811,781348394263456321227202460255274857857361243605605332262417417285321355355271226315315116146346336729822922935329820420426121519219237538421421430826222210158015813825602561902181412182942740167009500000001000000000
   > Long-term Assets 
0
0
0
10,700
0
0
0
10,500
0
0
0
10,204
9,310
9,180
9,395
9,697
10,017
10,456
10,732
11,792
12,556
12,243
11,789
11,109
11,789
12,747
12,696
12,696
12,696
11,320
11,042
11,042
11,042
8,643
8,529
8,529
6,985
7,669
8,125
8,125
8,317
8,911
9,186
9,186
10,771
11,772
13,325
13,325
14,545
13,871
11,810
11,810
11,100
11,239
11,180
11,180
10,012
10,306
10,237
10,237
8,998
8,168
8,303
8,303
8,309
8,975
9,191
9,191
9,708
9,993
13,099
13,099
13,344
13,018
11,383
11,383
11,325
11,382
11,456
11,528
11,163
11,074
8,825
9,253
9,376
8,678
8,643
8,643
7,522
7,688
6,715
6,715
9,472
9,604
9,311
9,311
8,553
8,521
16,337
15,845
15,972
16,498
20,202
19,363
17,149
18,171
16,774
16,774
15,005
14,334
17,064
17,06414,33415,00516,77416,77418,17117,14919,36320,20216,49815,97215,84516,3378,5218,5539,3119,3119,6049,4726,7156,7157,6887,5228,6438,6438,6789,3769,2538,82511,07411,16311,52811,45611,38211,32511,38311,38313,01813,34413,09913,0999,9939,7089,1919,1918,9758,3098,3038,3038,1688,99810,23710,23710,30610,01211,18011,18011,23911,10011,81011,81013,87114,54513,32513,32511,77210,7719,1869,1868,9118,3178,1258,1257,6696,9858,5298,5298,64311,04211,04211,04211,32012,69612,69612,69612,74711,78911,10911,78912,24312,55611,79210,73210,45610,0179,6979,3959,1809,31010,20400010,50000010,700000
       Property Plant Equipment 
0
0
0
8,800
0
0
0
9,000
0
0
0
9,004
9,310
9,180
9,392
9,694
10,014
10,453
10,729
11,789
12,553
12,240
11,789
11,108
11,789
11,715
11,626
11,626
11,626
10,240
9,907
9,907
9,907
7,634
7,283
7,283
5,937
6,659
7,163
7,163
7,282
7,879
8,283
8,283
8,671
9,569
10,997
10,997
11,973
11,507
10,090
10,090
9,246
9,241
9,175
9,175
8,096
8,207
8,162
8,162
8,000
7,588
7,746
7,746
7,769
8,445
9,075
9,075
9,585
9,870
10,108
10,108
10,326
10,277
10,070
10,070
9,971
10,081
10,067
10,089
9,747
9,611
8,453
8,871
8,966
8,624
8,586
8,586
7,468
7,634
6,623
6,623
9,415
9,545
9,251
9,251
8,436
8,403
16,211
15,723
15,694
16,216
16,347
15,728
14,046
15,284
14,395
14,395
13,141
12,981
15,909
15,90912,98113,14114,39514,39515,28414,04615,72816,34716,21615,69415,72316,2118,4038,4369,2519,2519,5459,4156,6236,6237,6347,4688,5868,5868,6248,9668,8718,4539,6119,74710,08910,06710,0819,97110,07010,07010,27710,32610,10810,1089,8709,5859,0759,0758,4457,7697,7467,7467,5888,0008,1628,1628,2078,0969,1759,1759,2419,24610,09010,09011,50711,97310,99710,9979,5698,6718,2838,2837,8797,2827,1637,1636,6595,9377,2837,2837,6349,9079,9079,90710,24011,62611,62611,62611,71511,78911,10811,78912,24012,55311,78910,72910,45310,0149,6949,3929,1809,3109,0040009,0000008,800000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,072
1,032
1,070
0
1,088
1,080
1,135
0
1,028
1,009
1,081
992
893
856
811
811
872
870
903
903
922
972
1,009
1,009
1,081
1,002
554
554
561
582
573
573
488
540
530
530
575
540
518
518
497
486
69
69
74
73
75
75
72
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000727575737469694864975185185405755305305404885735735825615545541,0021,0811,0091,0099729229039038708728118118568939921,0811,0091,02801,1351,0801,08801,0701,0321,072000000000000000000000000
       Intangible Assets 
0
0
0
1,900
0
0
0
1,600
0
0
0
1,198
0
0
0
0
0
0
0
0
0
0
0
0
1,072
1,032
1,070
1,070
1,070
1,080
1,135
1,135
1,135
1,009
1,074
1,074
893
856
811
832
872
870
903
914
922
972
1,009
1,084
1,081
1,002
554
529
561
582
573
534
488
540
530
565
575
540
518
521
497
486
69
71
74
73
75
75
72
0
208
208
215
206
276
293
301
330
322
341
355
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000003553413223303012932762062152082080727575737471694864975215185405755655305404885345735825615295541,0021,0811,0841,0099729229149038708728328118568931,0741,0741,0091,1351,1351,1351,0801,0701,0701,0701,0321,0720000000000001,1980001,6000001,900000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
0
3
3
3
3
3
0
1
1,072
1,032
1,070
0
1,088
1,080
1,135
0
1,028
1,009
1,256
1,158
1,048
1,010
962
987
1,035
1,032
903
2,053
2,100
2,203
2,328
2,455
2,572
2,364
1,720
1,692
1,854
1,998
2,005
2,023
1,916
2,098
2,075
2,142
998
580
557
562
540
530
116
120
123
123
2,991
2,978
3,018
2,741
1,313
1,283
1,354
1,301
1,389
1,439
1,416
1,463
372
382
410
54
57
56
54
54
92
167
57
59
60
58
117
118
126
122
278
282
3,855
3,635
3,103
2,887
2,757
2,379
0
0
0
0002,3792,7572,8873,1033,6353,855282278122126118117586059571679254545657544103823721,4631,4161,4391,3891,3011,3541,2831,3132,7413,0182,9782,9911231231201165305405625575809982,1422,0752,0981,9162,0232,0051,9981,8541,6921,7202,3642,5722,4552,3282,2032,1002,0539031,0321,0359879621,0101,0481,1581,2561,0091,02801,1351,0801,08801,0701,0321,072103333303000000000000000
> Total Liabilities 
0
0
0
14,000
0
0
0
13,200
0
0
0
10,183
11,020
11,590
12,618
12,350
12,365
13,777
12,273
13,050
12,423
12,334
13,106
11,712
13,106
15,027
15,722
15,722
15,722
14,718
15,359
15,359
15,359
14,673
14,662
14,662
12,276
13,896
13,764
13,764
14,718
15,427
15,272
15,272
17,524
18,589
20,755
20,755
22,130
22,134
19,494
19,494
19,490
19,513
18,632
18,632
19,468
19,556
20,513
20,513
20,792
18,874
18,107
18,107
17,325
17,202
17,913
17,913
20,217
21,019
18,107
18,107
16,573
16,349
17,042
17,042
16,791
16,336
15,175
14,856
14,481
14,169
13,511
15,510
15,809
17,137
18,686
18,686
20,163
20,307
17,278
17,278
17,873
17,313
16,560
16,560
15,669
14,746
19,890
18,588
21,320
20,661
21,711
22,007
19,907
20,022
19,118
19,118
18,176
17,513
20,299
20,29917,51318,17619,11819,11820,02219,90722,00721,71120,66121,32018,58819,89014,74615,66916,56016,56017,31317,87317,27817,27820,30720,16318,68618,68617,13715,80915,51013,51114,16914,48114,85615,17516,33616,79117,04217,04216,34916,57318,10718,10721,01920,21717,91317,91317,20217,32518,10718,10718,87420,79220,51320,51319,55619,46818,63218,63219,51319,49019,49419,49422,13422,13020,75520,75518,58917,52415,27215,27215,42714,71813,76413,76413,89612,27614,66214,66214,67315,35915,35915,35914,71815,72215,72215,72215,02713,10611,71213,10612,33412,42313,05012,27313,77712,36512,35012,61811,59011,02010,18300013,20000014,000000
   > Total Current Liabilities 
0
0
0
10,400
0
0
0
9,800
0
0
0
7,790
8,610
9,000
10,158
9,467
9,418
10,727
9,538
9,568
8,471
8,858
9,635
8,678
9,635
10,548
11,048
11,048
11,048
10,803
11,493
11,493
11,493
12,161
12,512
12,512
10,819
12,048
11,656
11,656
12,292
13,423
12,122
12,122
12,982
14,076
15,124
15,124
17,646
17,521
15,524
15,524
15,096
15,227
14,575
14,575
17,939
17,874
17,664
17,664
20,153
18,308
16,353
16,353
16,677
16,166
16,970
16,970
18,461
19,326
16,358
16,358
15,073
15,216
14,955
14,955
13,664
13,126
11,981
11,831
11,762
11,665
11,413
13,556
13,960
15,576
18,067
18,067
19,696
19,904
16,759
16,759
15,570
15,271
14,766
14,766
12,965
12,456
9,701
8,744
8,688
8,200
9,260
10,223
9,363
9,751
10,978
10,978
11,830
11,498
13,981
13,98111,49811,83010,97810,9789,7519,36310,2239,2608,2008,6888,7449,70112,45612,96514,76614,76615,27115,57016,75916,75919,90419,69618,06718,06715,57613,96013,55611,41311,66511,76211,83111,98113,12613,66414,95514,95515,21615,07316,35816,35819,32618,46116,97016,97016,16616,67716,35316,35318,30820,15317,66417,66417,87417,93914,57514,57515,22715,09615,52415,52417,52117,64615,12415,12414,07612,98212,12212,12213,42312,29211,65611,65612,04810,81912,51212,51212,16111,49311,49311,49310,80311,04811,04811,04810,5489,6358,6789,6358,8588,4719,5689,53810,7279,4189,46710,1589,0008,6107,7900009,80000010,400000
       Short-term Debt 
0
0
0
3,500
0
0
0
3,600
0
0
0
3,105
0
0
3,334
3,183
3,211
3,279
2,789
2,424
2,748
3,655
3,792
3,373
3,792
4,644
4,461
4,461
4,461
4,458
4,444
4,444
4,444
4,649
4,519
4,519
4,117
4,232
3,815
3,815
3,635
3,974
3,212
3,212
3,435
4,354
4,623
4,623
6,237
6,515
5,898
5,898
5,746
6,013
5,638
5,638
7,828
7,939
6,862
6,862
7,615
6,841
4,856
4,856
5,036
5,167
5,105
5,105
4,813
4,799
1,818
1,818
2,012
2,910
2,722
2,722
2,302
2,267
1,275
816
1,373
1,244
2,868
3,918
4,570
6,659
8,505
8,505
9,876
9,798
9,274
9,274
7,573
6,937
6,975
6,975
5,329
4,290
1,418
1,077
1,308
1,447
1,639
1,644
1,582
1,576
1,130
1,130
788
757
789
7897577881,1301,1301,5761,5821,6441,6391,4471,3081,0771,4184,2905,3296,9756,9756,9377,5739,2749,2749,7989,8768,5058,5056,6594,5703,9182,8681,2441,3738161,2752,2672,3022,7222,7222,9102,0121,8181,8184,7994,8135,1055,1055,1675,0364,8564,8566,8417,6156,8626,8627,9397,8285,6385,6386,0135,7465,8985,8986,5156,2374,6234,6234,3543,4353,2123,2123,9743,6353,8153,8154,2324,1174,5194,5194,6494,4444,4444,4444,4584,4614,4614,4614,6443,7923,3733,7923,6552,7482,4242,7893,2793,2113,1833,334003,1050003,6000003,500000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,230
0
0
0
48
0
0
0
686
0
0
0
774
5,721
6,262
8,061
1,856
9,267
10,098
1,098
843
8,282
6,421
5,569
5,592
4,955
4,188
3,120
676
364
502
595
708
783
723
720
702
281
0
0
0
0002817027207237837085955023646763,1204,1884,9555,5925,5696,4218,2828431,09810,0989,2671,8568,0616,2625,721774000686000480003,2300000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
5,000
0
0
0
3,200
0
0
0
3,156
0
0
5,287
4,478
4,274
5,340
4,579
5,306
3,794
3,523
4,173
3,756
4,173
3,951
4,883
0
4,883
4,694
5,095
0
5,095
5,228
5,439
5,439
4,228
5,495
5,470
5,470
5,911
6,626
5,942
5,942
6,396
6,505
7,354
7,354
7,484
7,255
9,626
9,626
5,007
4,946
5,379
5,379
10,111
9,935
4,715
4,715
5,884
5,920
6,456
6,456
6,335
5,940
6,110
6,110
7,158
7,988
9,229
9,229
7,319
7,068
7,077
7,077
6,629
6,425
6,112
6,294
5,778
5,910
4,727
5,785
5,382
5,065
5,451
5,451
5,956
6,300
4,108
4,108
4,312
4,755
4,673
4,673
3,983
4,851
4,452
4,289
3,881
3,523
4,044
4,568
4,310
4,469
4,977
4,977
4,690
4,779
7,503
7,5034,7794,6904,9774,9774,4694,3104,5684,0443,5233,8814,2894,4524,8513,9834,6734,6734,7554,3124,1084,1086,3005,9565,4515,4515,0655,3825,7854,7275,9105,7786,2946,1126,4256,6297,0777,0777,0687,3199,2299,2297,9887,1586,1106,1105,9406,3356,4566,4565,9205,8844,7154,7159,93510,1115,3795,3794,9465,0079,6269,6267,2557,4847,3547,3546,5056,3965,9425,9426,6265,9115,4705,4705,4954,2285,4395,4395,2285,09505,0954,6944,88304,8833,9514,1733,7564,1733,5233,7945,3064,5795,3404,2744,4785,287003,1560003,2000005,000000
       Other Current Liabilities 
0
0
0
1,900
0
0
0
3,000
0
0
0
1,529
0
0
1,537
1,806
1,933
2,108
2,170
1,838
1,929
1,680
709
1,549
709
1,953
695
0
695
1,651
683
0
683
2,284
740
740
2,474
2,321
842
842
2,746
2,823
1,228
1,228
3,151
3,217
1,236
1,236
3,925
3,751
3,684
4,125
4,343
4,268
3,558
3,558
3,506
3,913
6,087
6,087
5,691
4,439
588
588
4,087
4,024
741
741
6,490
4,983
1,075
1,075
5,742
5,238
1,041
1,041
4,733
4,434
1,041
4,721
4,611
4,511
552
3,853
4,008
3,852
670
670
3,864
1
475
475
3,685
3,579
206
206
3,653
3,315
407
3,378
3,499
3,230
384
4,011
3,471
3,706
4,871
4,871
6,352
5,962
5,689
5,6895,9626,3524,8714,8713,7063,4714,0113843,2303,4993,3784073,3153,6532062063,5793,68547547513,8646706703,8524,0083,8535524,5114,6114,7211,0414,4344,7331,0411,0415,2385,7421,0751,0754,9836,4907417414,0244,0875885884,4395,6916,0876,0873,9133,5063,5583,5584,2684,3434,1253,6843,7513,9251,2361,2363,2173,1511,2281,2282,8232,7468428422,3212,4747407402,28468306831,65169506951,9537091,5497091,6801,9291,8382,1702,1081,9331,8061,537001,5290003,0000001,900000
   > Long-term Liabilities 
0
0
0
3,600
0
0
0
3,400
0
0
0
2,393
2,410
2,590
2,460
2,883
2,947
3,050
2,735
3,482
3,952
3,476
3,471
3,034
3,471
4,479
4,674
4,674
4,674
3,915
3,866
3,866
3,866
2,512
2,150
2,150
1,457
1,848
2,108
2,108
2,426
2,004
3,150
3,150
4,542
4,513
5,631
5,631
4,484
4,613
3,970
3,970
4,394
4,286
4,057
4,057
1,529
1,682
2,849
2,849
639
566
1,754
1,754
648
1,036
943
943
1,756
1,693
1,749
1,749
1,500
1,133
2,087
2,087
3,127
3,210
3,194
3,025
2,719
2,504
2,098
1,954
1,849
1,561
619
619
467
403
519
519
2,303
2,042
1,794
1,794
2,704
2,290
10,189
9,844
12,632
12,461
12,451
11,784
10,544
10,271
8,140
8,140
6,346
6,015
6,318
6,3186,0156,3468,1408,14010,27110,54411,78412,45112,46112,6329,84410,1892,2902,7041,7941,7942,0422,3035195194034676196191,5611,8491,9542,0982,5042,7193,0253,1943,2103,1272,0872,0871,1331,5001,7491,7491,6931,7569439431,0366481,7541,7545666392,8492,8491,6821,5294,0574,0574,2864,3943,9703,9704,6134,4845,6315,6314,5134,5423,1503,1502,0042,4262,1082,1081,8481,4572,1502,1502,5123,8663,8663,8663,9154,6744,6744,6744,4793,4713,0343,4713,4763,9523,4822,7353,0502,9472,8832,4602,5902,4102,3930003,4000003,600000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
151
308
213
116
436
387
340
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000034038743611621330815100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
304
0
354
224
232
222
229
181
192
203
200
213
0
217
229
215
0
220
236
243
248
247
39
60
93
156
201
81
1,206
1,211
1,314
1,388
1,525
1,621
1,635
1,363
1,249
1,346
1,439
1,440
1,471
1,456
1,568
1,596
1,741
584
421
150
164
145
138
215
203
193
185
337
326
375
256
249
222
206
189
289
298
296
299
144
151
157
159
231
240
245
252
211
218
214
244
313
324
364
360
422
408
422
439
344
339
315
313
280
278
0
0
0
0002782803133153393444394224084223603643243132442142182112522452402311591571511442992962982891892062222492563753263371851932032151381451641504215841,7411,5961,5681,4561,4711,4401,4391,3461,2491,3631,6351,6211,5251,3881,3141,2111,20681201156936039247248243236220021522921702132002031921812292222322243540304000000000000000
> Total Stockholder Equity
0
0
0
8,000
0
0
0
7,200
0
0
0
6,931
0
0
5,684
6,351
7,139
8,540
10,001
10,664
11,143
10,519
9,990
9,433
9,990
7,844
6,653
0
6,653
5,016
4,429
0
4,429
2,785
3,458
3,458
3,909
4,250
4,717
4,717
6,160
6,767
7,560
7,560
7,986
8,212
8,074
8,074
7,898
7,595
5,629
5,629
5,450
5,598
4,829
4,829
3,375
3,757
3,149
3,149
4,322
4,546
4,631
4,631
5,337
5,495
5,412
5,412
6,034
6,761
13,251
13,251
13,052
11,631
9,307
9,307
9,832
10,044
10,335
10,313
10,308
10,112
6,634
6,194
5,326
4,061
3,459
3,459
1,809
1,394
882
882
5,296
5,824
6,269
6,269
7,556
8,250
15,267
14,988
16,319
16,549
21,072
21,360
20,247
21,104
22,073
22,073
23,289
24,762
26,872
26,87224,76223,28922,07322,07321,10420,24721,36021,07216,54916,31914,98815,2678,2507,5566,2696,2695,8245,2968828821,3941,8093,4593,4594,0615,3266,1946,63410,11210,30810,31310,33510,0449,8329,3079,30711,63113,05213,25113,2516,7616,0345,4125,4125,4955,3374,6314,6314,5464,3223,1493,1493,7573,3754,8294,8295,5985,4505,6295,6297,5957,8988,0748,0748,2127,9867,5607,5606,7676,1604,7174,7174,2503,9093,4583,4582,7854,42904,4295,0166,65306,6537,8449,9909,4339,99010,51911,14310,66410,0018,5407,1396,3515,684006,9310007,2000008,000000
   Common Stock
0
0
0
7,200
0
0
0
7,000
0
0
0
6,654
0
0
6,644
6,770
6,790
6,834
6,837
6,559
6,712
6,479
6,357
6,156
6,357
6,166
6,312
0
6,312
6,632
6,699
0
6,699
6,626
6,851
6,851
6,507
6,473
6,466
6,466
6,707
6,922
7,048
7,048
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,384
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
1,985
3,964
3,964
3,964
3,964
3,964
3,964
5,296
5,296
5,296
5,296
5,296
5,305
5,305
5,305
5,305
5,305
5,353
5,358
5,443
5,4435,3585,3535,3055,3055,3055,3055,3055,2965,2965,2965,2965,2963,9643,9643,9643,9643,9643,9641,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,9851,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3841,3847,0487,0486,9226,7076,4666,4666,4736,5076,8516,8516,6266,69906,6996,6326,31206,3126,1666,3576,1566,3576,4796,7126,5596,8376,8346,7906,7706,644006,6540007,0000007,200000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
4,100
0
0
0
4,200
0
0
0
3,985
0
0
3,991
4,068
4,026
4,046
4,054
3,884
3,969
3,782
3,618
3,504
3,618
3,534
3,708
-23,739
3,708
4,030
4,271
-28,889
4,271
4,167
4,446
4,446
4,097
4,076
416
416
502
448
4,446
4,446
2,774
3,224
3,558
3,558
4,517
4,235
2,864
2,864
2,763
2,984
2,944
2,944
2,680
2,936
2,986
2,986
3,204
2,855
2,622
2,622
2,484
2,507
3,408
3,408
3,692
3,707
3,881
3,881
3,994
3,103
2,602
2,602
2,936
2,524
2,587
2,949
2,732
2,982
2,510
2,884
3,103
3,043
3,110
3,110
2,973
3,021
3,140
3,140
3,230
3,367
3,442
3,442
3,485
3,581
4,237
3,735
4,242
4,497
5,003
4,634
2,768
2,621
2,217
2,217
1,821
1,118
2,683
2,6831,1181,8212,2172,2172,6212,7684,6345,0034,4974,2423,7354,2373,5813,4853,4423,4423,3673,2303,1403,1403,0212,9733,1103,1103,0433,1032,8842,5102,9822,7322,9492,5872,5242,9362,6022,6023,1033,9943,8813,8813,7073,6923,4083,4082,5072,4842,6222,6222,8553,2042,9862,9862,9362,6802,9442,9442,9842,7632,8642,8644,2354,5173,5583,5583,2242,7744,4464,4464485024164164,0764,0974,4464,4464,1674,271-28,8894,2714,0303,708-23,7393,7083,5343,6183,5043,6183,7823,9693,8844,0544,0464,0264,0683,991003,9850004,2000004,100000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,270
17,270
17,270
18,583
18,583
18,583
18,583
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000018,58318,58318,58318,58317,27017,27017,27000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
12,400
0
0
0
12,000
0
0
0
11,489
0
0
11,472
11,689
11,792
11,861
11,866
11,388
11,674
11,364
11,266
10,910
11,266
10,928
11,185
0
11,185
11,753
11,871
0
11,871
11,714
12,111
12,111
11,927
11,865
15,479
15,479
16,144
16,661
13,013
13,013
14,328
14,328
14,328
14,328
14,328
14,328
14,328
14,328
15,023
15,023
14,328
14,328
15,023
15,024
14,328
14,328
14,328
15,023
14,328
14,328
14,990
14,990
14,328
14,328
14,328
14,328
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
17,270
18,583
18,583
18,583
18,583
18,583
18,583
22,846
22,846
22,846
22,846
22,846
22,862
22,862
22,862
22,862
22,862
23,113
23,137
23,587
23,58723,13723,11322,86222,86222,86222,86222,86222,84622,84622,84622,84622,84618,58318,58318,58318,58318,58318,58317,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27017,27014,32814,32814,32814,32814,99014,99014,32814,32815,02314,32814,32814,32815,02415,02314,32814,32815,02315,02314,32814,32814,32814,32814,32814,32814,32814,32813,01313,01316,66116,14415,47915,47911,86511,92712,11112,11111,71411,871011,87111,75311,185011,18510,92811,26610,91011,26611,36411,67411,38811,86611,86111,79211,68911,4720011,48900012,00000012,400000



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue46,695
Cost of Revenue-33,593
Gross Profit13,10213,102
 
Operating Income (+$)
Gross Profit13,102
Operating Expense-5,807
Operating Income7,2957,295
 
Operating Expense (+$)
Research Development85
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense5,80785
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income7,295
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,7176,873
EBIT - interestExpense = 7,295
7,717
6,353
Interest Expense0
Earnings Before Interest and Taxes (EBIT)7,2957,717
Earnings Before Interest and Taxes (EBITDA)8,612
 
After tax Income (+$)
Income Before Tax7,717
Tax Provision-0
Net Income From Continuing Ops07,717
Net Income6,353
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses39,400
Total Other Income/Expenses Net4220
 

Technical Analysis of Eltek Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Eltek Ltd. The general trend of Eltek Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Eltek Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Eltek Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 12.31 < 12.36 < 13.00.

The bearish price targets are: 10 > 9.6057 > 9.2313.

Tweet this
Eltek Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Eltek Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Eltek Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Eltek Ltd.

Eltek Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEltek Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Eltek Ltd. The current adx is .

Eltek Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Eltek Ltd.

Eltek Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Eltek Ltd.

Eltek Ltd Daily Relative Strength Index (RSI) ChartEltek Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Eltek Ltd.

Eltek Ltd Daily Stochastic Oscillator ChartEltek Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Eltek Ltd.

Eltek Ltd Daily Commodity Channel Index (CCI) ChartEltek Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Eltek Ltd.

Eltek Ltd Daily Chande Momentum Oscillator (CMO) ChartEltek Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Eltek Ltd.

Eltek Ltd Daily Williams %R ChartEltek Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Eltek Ltd.

Eltek Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Eltek Ltd.

Eltek Ltd Daily Average True Range (ATR) ChartEltek Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Eltek Ltd.

Eltek Ltd Daily On-Balance Volume (OBV) ChartEltek Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Eltek Ltd.

Eltek Ltd Daily Money Flow Index (MFI) ChartEltek Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Eltek Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Eltek Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Eltek Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose10.990
Total0/1 (0.0%)
Penke

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