NASDAQ : ELTK
Eltek Ltd. — Financial statements
Technology · Electronic Components · Israel
Last price 6.01 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 40.39M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Eltek Ltd. (ELTK) reported revenue of 48.48M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 48.48M | 51.79M | 46.53M | 46.70M | 39.65M | 33.82M |
| Cost of Revenue | 48.54M | 43.81M | 36.19M | 33.59M | 31.38M | 26.93M |
| Gross Profit | -63.00K | 7.98M | 10.34M | 13.10M | 8.27M | 6.90M |
| Selling, General & Admin | 5.58M | 5.59M | 5.76M | 5.72M | 5.21M | 4.87M |
| Research & Development | 50.00K | 187.00K | 85.00K | 92.00K | 78.00K | |
| Operating Expenses | 5.58M | 5.64M | 5.95M | 5.81M | 5.30M | 4.95M |
| Operating Income | -5.65M | 2.35M | 4.39M | 7.29M | 2.97M | 1.95M |
| Interest Expense | -284.00K | -84.00K | -129.00K | -30.00K | ||
| Interest & Investment Income | 573.00K | 573.00K | 730.00K | 169.00K | 45.00K | |
| Currency Exchange Gain (Loss) | -1.79M | -1.79M | 13.00K | 375.00K | 1.02M | -413.00K |
| Other Non Operating Income (Expenses) | -54.00K | -54.00K | -38.00K | -38.00K | -53.00K | -4.00K |
| EBT Excluding Unusual Items | -7.21M | 1.07M | 5.10M | 7.72M | 3.86M | 1.50M |
| Pretax Income | -7.21M | 1.07M | 5.10M | 7.72M | 3.86M | 1.50M |
| Income Tax Expense | -1.07M | 247.00K | 873.00K | 1.36M | 664.00K | -3.54M |
| Earnings From Continuing Operations | -6.14M | 826.00K | 4.22M | 6.35M | 3.19M | 5.04M |
| Net Income | -6.14M | 826.00K | 4.22M | 6.35M | 3.19M | 5.04M |
| Net Income to Common | -6.14M | 826.00K | 4.22M | 6.35M | 3.19M | 5.04M |
| Shares Outstanding (Basic) | 6.72M | 6.72M | 6.63M | 5.90M | 5.85M | 5.84M |
| Shares Outstanding (Diluted) | 6.72M | 6.79M | 6.70M | 5.96M | 5.85M | 5.87M |
| EPS (Basic) | -0.91 | 0.12 | 0.64 | 1.08 | 0.55 | 0.86 |
| EPS (Diluted) | -0.92 | 0.12 | 0.63 | 1.07 | 0.55 | 0.86 |
| Free Cash Flow | 99.00K | -4.21M | -4.97M | 6.43M | 802.00K | 2.34M |
| Free Cash Flow Per Share | 0.01 | -0.62 | -0.74 | 1.08 | 0.14 | 0.40 |
| Dividend Per Share | 0.19 | 0.22 | 0.17 | |||
| Gross Margin | -0.13% | 15.42% | 22.22% | 28.06% | 20.86% | 20.39% |
| Operating Margin | -11.65% | 4.53% | 9.44% | 15.62% | 7.49% | 5.76% |
| Profit Margin | -12.66% | 1.59% | 9.08% | 13.61% | 8.05% | 14.90% |
| Free Cash Flow Margin | 0.20% | -8.12% | -10.67% | 13.77% | 2.02% | 6.92% |
| EBITDA | -3.31M | 4.45M | 5.94M | 8.61M | 4.51M | 3.73M |
| EBITDA Margin | -6.82% | 8.59% | 12.76% | 18.44% | 11.38% | 11.03% |
| D&A For EBITDA | 2.34M | 2.10M | 1.55M | 1.32M | 1.54M | 1.78M |
| EBIT | -5.65M | 2.35M | 4.39M | 7.29M | 2.97M | 1.95M |
| EBIT Margin | -11.65% | 4.53% | 9.44% | 15.62% | 7.49% | 5.76% |
| Effective Tax Rate | 23.02% | 17.13% | 17.68% | 17.21% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.39M | 2.48M | 7.58M | 9.28M | 7.37M | 9.28M |
| Short-Term Investments | 2.12M | 9.64M | 9.66M | 2.86M | ||
| Cash & Short-Term Investments | 11.51M | 12.12M | 17.24M | 12.14M | 7.37M | 9.28M |
| Accounts Receivable | 11.66M | 14.79M | 11.79M | 10.90M | 10.12M | 7.02M |
| Other Receivables | 970.00K | 2.00K | 194.00K | 387.00K | 94.00K | 585.00K |
| Receivables | 12.63M | 14.79M | 11.98M | 11.29M | 10.21M | 7.61M |
| Inventory | 10.29M | 11.15M | 9.49M | 6.13M | 5.13M | 4.89M |
| Prepaid Expenses | 605.00K | 408.00K | 547.00K | 692.00K | 799.00K | |
| Total Current Assets | 34.43M | 38.67M | 39.11M | 30.11M | 23.40M | 22.58M |
| Property, Plant & Equipment | 37.13M | 27.13M | 20.49M | 15.91M | 14.83M | 16.35M |
| Long-Term Deferred Tax Assets | 1.50M | 387.00K | 496.00K | 224.00K | 1.60M | 2.55M |
| Other Long-Term Assets | 76.00K | 65.00K | 56.00K | 931.00K | 1.16M | 1.30M |
| Total Assets | 73.14M | 66.26M | 60.16M | 47.17M | 40.98M | 42.78M |
| Accounts Payable | 8.54M | 6.05M | 7.37M | 7.50M | 4.79M | 4.04M |
| Accrued Expenses | 5.37M | 4.12M | 3.64M | 3.17M | 3.10M | |
| Current Portion of Long-Term Debt | 702.00K | 708.00K | ||||
| Current Portion of Leases | 718.00K | 1.10M | 827.00K | 789.00K | 846.00K | 931.00K |
| Other Current Liabilities | 6.74M | 1.19M | 1.01M | 2.05M | 961.00K | 481.00K |
| Total Current Liabilities | 16.00M | 13.71M | 13.33M | 13.98M | 10.47M | 9.26M |
| Long-Term Debt | 2.77M | 3.92M | ||||
| Long-Term Leases | 12.20M | 5.30M | 5.19M | 5.87M | 6.44M | 8.19M |
| Pension & Post-Retirement Benefits | 578.00K | 515.00K | 443.00K | 447.00K | 280.00K | 344.00K |
| Total Liabilities | 28.77M | 19.52M | 18.96M | 20.30M | 19.96M | 21.71M |
| Common Stock | 6.01M | 6.01M | 6.01M | 5.44M | 5.30M | 5.30M |
| Additional Paid-In Capital | 35.93M | 32.66M | 32.63M | 23.59M | 22.86M | 22.85M |
| Retained Earnings | -6.66M | -1.07M | -617.00K | -4.84M | -9.87M | -12.07M |
| Comprehensive Income & Other | 9.09M | 9.13M | 3.17M | 2.68M | 2.73M | 5.00M |
| Total Common Equity | 44.36M | 46.74M | 41.19M | 26.87M | 21.02M | 21.07M |
| Shareholders' Equity | 44.36M | 46.74M | 41.19M | 26.87M | 21.02M | 21.07M |
| Total Liabilities & Equity | 73.14M | 66.26M | 60.16M | 47.17M | 40.98M | 42.78M |
| Total Debt | 12.92M | 6.40M | 6.02M | 6.66M | 10.76M | 13.75M |
| Net Cash (Debt) | -1.41M | 5.73M | 11.22M | 5.48M | -3.39M | -4.46M |
| Net Cash Per Share | -0.21 | 0.84 | 1.67 | 0.92 | -0.58 | -0.76 |
| Filing Date Shares Outstanding | 6.72M | 6.72M | 6.71M | 6.70M | 5.85M | 5.85M |
| Total Common Shares Outstanding | 6.72M | 6.72M | 6.71M | 6.02M | 5.85M | 5.84M |
| Working Capital | 18.43M | 24.96M | 25.78M | 16.13M | 12.92M | 13.32M |
| Book Value Per Share | 6.60 | 6.96 | 6.14 | 4.46 | 3.59 | 3.61 |
| Tangible Book Value | 44.36M | 46.74M | 41.19M | 26.87M | 21.02M | 21.07M |
| Tangible Book Value Per Share | 6.60 | 6.96 | 6.14 | 4.46 | 3.59 | 3.61 |
| Machinery | 43.59M | 34.65M | 48.01M | 40.15M | 44.17M | |
| Leasehold Improvements | 14.08M | 10.98M | 9.12M | 10.14M | ||
| Order Backlog | 15.80M | 23.10M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.14M | 826.00K | 4.22M | 6.35M | 3.19M | 5.04M |
| Depreciation & Amortization | 2.34M | 2.10M | 1.55M | 1.32M | 1.54M | 1.78M |
| Stock-Based Compensation | 484.00K | 512.00K | 607.00K | 363.00K | 250.00K | 203.00K |
| Other Operating Activities | -1.72M | 166.00K | 621.00K | 1.33M | 583.00K | -2.55M |
| Change in Accounts Receivable | 4.61M | -1.22M | -988.00K | -1.01M | -3.94M | 2.26M |
| Change in Inventory | 3.94M | -283.00K | -3.53M | -1.14M | -806.00K | -1.02M |
| Change in Accounts Payable | -722.00K | -2.95M | 929.00K | 989.00K | 1.54M | -451.00K |
| Change in Income Taxes | -25.00K | 70.00K | -1.01M | |||
| Change in Other Net Operating Assets | 1.45M | 1.99M | 1.13M | 687.00K | 1.40M | -371.00K |
| Operating Cash Flow | 4.24M | 1.15M | 4.54M | 8.86M | 3.83M | 3.88M |
| Capital Expenditures | -4.14M | -5.35M | -9.51M | -2.43M | -3.03M | -1.53M |
| Sale of Property, Plant & Equipment | 44.00K | |||||
| Investment in Securities | 7.11M | 20.00K | -6.37M | -2.72M | ||
| Other Investing Activities | 2.19M | -2.00K | -156.00K | |||
| Investing Cash Flow | 2.96M | -5.33M | -15.87M | -2.96M | -3.03M | -1.65M |
| Long-Term Debt Issued | 3.06M | |||||
| Total Debt Issued | 3.06M | |||||
| Short-Term Debt Repaid | -377.00K | |||||
| Long-Term Debt Repaid | -3.35M | -669.00K | -562.00K | |||
| Total Debt Repaid | -3.35M | -669.00K | -939.00K | |||
| Net Debt Issued (Repaid) | -3.35M | -669.00K | 2.12M | |||
| Issuance of Common Stock | 33.00K | 36.00K | 9.61M | 863.00K | 25.00K | |
| Common Dividends Paid | -1.28M | -1.32M | -994.00K | |||
| Financing Cash Flow | 33.00K | -1.24M | 9.61M | -3.81M | -1.64M | 2.12M |
| Foreign Exchange Rate Adjustments | 382.00K | 331.00K | 20.00K | -185.00K | -1.08M | 196.00K |
| Net Cash Flow | 7.62M | -5.09M | -1.70M | 1.91M | -1.92M | 4.55M |
| Free Cash Flow | 99.00K | -4.21M | -4.97M | 6.43M | 802.00K | 2.34M |
| Free Cash Flow Margin | 0.20% | -8.12% | -10.67% | 13.77% | 2.02% | 6.92% |
| Free Cash Flow Per Share | 0.01 | -0.62 | -0.74 | 1.08 | 0.14 | 0.40 |
| Levered Free Cash Flow | 2.37M | -5.83M | -9.21M | 6.09M | -888.75K | 1.84M |
| Unlevered Free Cash Flow | 2.54M | -5.83M | -9.21M | 6.14M | -808.12K | 1.86M |
| Cash Interest Paid | 4.00K | 4.00K | 84.00K | 129.00K | 29.00K | |
| Cash Income Tax Paid | 30.00K | 30.00K | 61.00K | 37.00K | 38.00K | 57.00K |
| Change in Working Capital | 9.28M | -2.46M | -2.46M | -498.00K | -1.74M | -598.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 41.00M | 58.09M | 74.24M | 82.50M | 24.07M | 21.73M |
| Enterprise Value | 42.41M | 52.88M | 62.20M | 77.68M | 27.75M | 26.31M |
| Last Close Price | 6.31 | 8.65 | 10.87 | 13.71 | 3.98 | 3.46 |
| PE Ratio | 70.33 | 17.57 | 12.99 | 7.54 | 4.31 | |
| Forward PE | 10.61 | 11.26 | 11.65 | |||
| PS Ratio | 0.85 | 1.12 | 1.60 | 1.77 | 0.61 | 0.64 |
| PB Ratio | 0.96 | 1.24 | 1.80 | 3.07 | 1.15 | 1.03 |
| P/TBV Ratio | 0.92 | 1.24 | 1.80 | 3.07 | 1.15 | 1.03 |
| P/FCF Ratio | 414.11 | 12.83 | 30.01 | 9.29 | ||
| P/OCF Ratio | 9.66 | 50.69 | 16.35 | 9.31 | 6.29 | 5.61 |
| EV/Sales Ratio | 0.87 | 1.02 | 1.34 | 1.66 | 0.70 | 0.78 |
| EV/EBITDA Ratio | 11.88 | 10.47 | 9.02 | 6.15 | 7.05 | |
| EV/EBIT Ratio | 22.53 | 14.16 | 10.65 | 9.34 | 13.50 | |
| EV/FCF Ratio | 428.35 | 12.08 | 34.61 | 11.24 | ||
| Debt / Equity Ratio | 0.29 | 0.14 | 0.15 | 0.25 | 0.51 | 0.65 |
| Debt / EBITDA Ratio | 1.10 | 0.85 | 0.68 | 1.84 | 2.68 | |
| Debt / FCF Ratio | 130.47 | 1.04 | 13.41 | 5.87 | ||
| Net Debt / Equity Ratio | 0.03 | -0.12 | -0.27 | -0.20 | 0.16 | 0.21 |
| Net Debt / EBITDA Ratio | -0.43 | -1.29 | -1.89 | -0.64 | 0.75 | 1.20 |
| Net Debt / FCF Ratio | 14.24 | 1.36 | 2.26 | -0.85 | 4.23 | 1.91 |
| Asset Turnover | 0.70 | 0.82 | 0.87 | 1.06 | 0.95 | 0.87 |
| Inventory Turnover | 4.19 | 4.24 | 4.63 | 5.96 | 6.26 | 6.26 |
| Quick Ratio | 1.51 | 1.96 | 2.19 | 1.68 | 1.68 | 1.82 |
| Current Ratio | 2.15 | 2.82 | 2.93 | 2.15 | 2.23 | 2.44 |
| Return on Equity (ROE) | -13.79% | 1.88% | 12.41% | 26.53% | 15.18% | 27.73% |
| Return on Assets (ROA) | -5.13% | 2.32% | 5.12% | 10.34% | 4.43% | 3.13% |
| Return on Invested Capital (ROIC) | -12.38% | 5.09% | 14.17% | 26.22% | 9.85% | 8.24% |
| Return on Capital Employed (ROCE) | -9.90% | 4.50% | 9.40% | 22.00% | 9.70% | 5.80% |
| Earnings Yield | -15.06% | 1.42% | 5.69% | 7.70% | 13.27% | 23.19% |
| FCF Yield | 0.24% | -7.24% | -6.69% | 7.79% | 3.33% | 10.77% |
| Dividend Yield | 3.09% | 1.72% | 1.61% | 4.13% | ||
| Payout Ratio | 154.48% | 20.79% | 31.12% | |||
| Buyback Yield / Dilution | 0.90% | -1.30% | -12.51% | -1.86% | 0.35% | -30.38% |
| Total Shareholder Return | 4.02% | -1.30% | -10.79% | -0.25% | 4.48% | -30.38% |