Eltek Ltd
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, North America, India, the Netherlands, rest of Europe, and internationally. It offers a range of custom designed PCBs, including complex rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high-density circuit boards; and flexible and flex rigid PCBs, and multi-layer… Read more
Eltek Ltd (ELTK) - Net Assets
Latest net assets as of September 2025: $45.45 Million USD
Based on the latest financial reports, Eltek Ltd (ELTK) has net assets worth $45.45 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.06 Million) and total liabilities ($19.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $45.45 Million |
| % of Total Assets | 69.87% |
| Annual Growth Rate | 6.03% |
| 5-Year Change | 169.81% |
| 10-Year Change | 302.11% |
| Growth Volatility | 122.27 |
Eltek Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Eltek Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eltek Ltd (1996–2024)
The table below shows the annual net assets of Eltek Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $41.19 Million | +53.29% |
| 2023-12-31 | $26.87 Million | +27.84% |
| 2022-12-31 | $21.02 Million | -0.25% |
| 2021-12-31 | $21.07 Million | +38.02% |
| 2020-12-31 | $15.27 Million | +143.53% |
| 2019-12-31 | $6.27 Million | +610.77% |
| 2018-12-31 | $882.00K | -74.50% |
| 2017-12-31 | $3.46 Million | -47.86% |
| 2016-12-31 | $6.63 Million | -35.24% |
| 2015-12-31 | $10.24 Million | +11.06% |
| 2014-12-31 | $9.22 Million | -30.89% |
| 2013-12-31 | $13.35 Million | +141.09% |
| 2012-12-31 | $5.54 Million | +16.25% |
| 2011-12-31 | $4.76 Million | +43.26% |
| 2010-12-31 | $3.32 Million | -35.32% |
| 2009-12-31 | $5.14 Million | -13.76% |
| 2008-12-31 | $5.96 Million | -29.29% |
| 2007-12-31 | $8.43 Million | +7.08% |
| 2006-12-31 | $7.87 Million | +55.78% |
| 2005-12-31 | $5.05 Million | +29.67% |
| 2004-12-31 | $3.90 Million | -44.73% |
| 2003-12-31 | $7.05 Million | 0.00% |
| 2002-12-31 | $7.05 Million | -29.44% |
| 2001-12-31 | $9.99 Million | -0.11% |
| 2000-12-31 | $10.00 Million | +75.95% |
| 1999-12-31 | $5.68 Million | -17.99% |
| 1998-12-31 | $6.93 Million | -3.74% |
| 1997-12-31 | $7.20 Million | -10.00% |
| 1996-12-31 | $8.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eltek Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1508300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.01 Million | 14.59% |
| Other Comprehensive Income | $3.17 Million | 7.70% |
| Other Components | $32.63 Million | 79.21% |
| Total Equity | $41.19 Million | 100.00% |
Eltek Ltd Competitors by Market Cap
The table below lists competitors of Eltek Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marchex Inc
NASDAQ:MCHX
|
$25.82 Million |
|
Dae Hyun
KO:016090
|
$25.82 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
$25.82 Million |
|
Superkrane Mitra Utama Tbk PT
JK:SKRN
|
$25.84 Million |
|
Adways Inc
F:A02
|
$25.81 Million |
|
Home Center Holdings Co.Ltd
KQ:060560
|
$25.80 Million |
|
AS Pro Kapital Grupp
F:17E
|
$25.80 Million |
|
MCOT Public Company Limited
F:OLU
|
$25.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eltek Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,872,000 to 41,192,000, a change of 14,320,000 (53.3%).
- Net income of 4,224,000 contributed positively to equity growth.
- New share issuances of 9,312,000 increased equity.
- Other comprehensive income increased equity by 488,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.22 Million | +10.25% |
| Share Issuances | $9.31 Million | +22.61% |
| Other Comprehensive Income | $488.00K | +1.18% |
| Other Changes | $296.00K | +0.72% |
| Total Change | $- | 53.29% |
Book Value vs Market Value Analysis
This analysis compares Eltek Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.83x to 1.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $11.14 | $9.20 | x |
| 1997-12-31 | $10.03 | $9.20 | x |
| 1998-12-31 | $7.43 | $9.20 | x |
| 1999-12-31 | $5.98 | $9.20 | x |
| 2000-12-31 | $10.18 | $9.20 | x |
| 2001-12-31 | $10.22 | $9.20 | x |
| 2002-12-31 | $6.81 | $9.20 | x |
| 2003-12-31 | $6.81 | $9.20 | x |
| 2004-12-31 | $4.19 | $9.20 | x |
| 2005-12-31 | $3.48 | $9.20 | x |
| 2006-12-31 | $5.44 | $9.20 | x |
| 2007-12-31 | $6.46 | $9.20 | x |
| 2008-12-31 | $4.26 | $9.20 | x |
| 2009-12-31 | $3.65 | $9.20 | x |
| 2010-12-31 | $2.38 | $9.20 | x |
| 2011-12-31 | $3.50 | $9.20 | x |
| 2012-12-31 | $4.09 | $9.20 | x |
| 2013-12-31 | $9.20 | $9.20 | x |
| 2014-12-31 | $4.59 | $9.20 | x |
| 2015-12-31 | $5.09 | $9.20 | x |
| 2016-12-31 | $3.27 | $9.20 | x |
| 2017-12-31 | $1.71 | $9.20 | x |
| 2018-12-31 | $0.43 | $9.20 | x |
| 2019-12-31 | $1.68 | $9.20 | x |
| 2020-12-31 | $3.39 | $9.20 | x |
| 2021-12-31 | $3.59 | $9.20 | x |
| 2022-12-31 | $3.59 | $9.20 | x |
| 2023-12-31 | $4.51 | $9.20 | x |
| 2024-12-31 | $6.15 | $9.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eltek Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.08%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.46x
- Recent ROE (10.25%) is above the historical average (-16.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 17.50% | 5.60% | 1.14x | 2.75x | $600.00K |
| 1997 | -9.72% | -2.80% | 1.23x | 2.83x | $-1.42 Million |
| 1998 | 1.21% | 0.35% | 1.39x | 2.47x | $-609.10K |
| 1999 | -12.54% | -3.20% | 1.22x | 3.22x | $-1.28 Million |
| 2000 | -7.13% | -2.90% | 1.11x | 2.23x | $-1.71 Million |
| 2001 | 6.15% | 2.36% | 1.13x | 2.31x | $-385.00K |
| 2002 | -50.83% | -14.55% | 1.02x | 3.42x | $-4.05 Million |
| 2003 | -50.83% | -14.55% | 1.02x | 3.42x | $-4.05 Million |
| 2004 | -39.07% | -4.68% | 1.55x | 5.37x | $-1.70 Million |
| 2005 | 31.08% | 4.67% | 1.67x | 3.99x | $994.30K |
| 2006 | 21.83% | 4.01% | 1.78x | 3.06x | $894.00K |
| 2007 | -3.73% | -0.80% | 1.28x | 3.61x | $-1.11 Million |
| 2008 | -43.45% | -5.67% | 1.69x | 4.52x | $-3.01 Million |
| 2009 | -18.22% | -2.41% | 1.53x | 4.92x | $-1.36 Million |
| 2010 | -54.68% | -4.59% | 1.57x | 7.57x | $-2.04 Million |
| 2011 | 39.86% | 3.94% | 2.05x | 4.94x | $1.38 Million |
| 2012 | 12.75% | 1.51% | 1.95x | 4.33x | $148.80K |
| 2013 | 28.85% | 7.61% | 1.60x | 2.37x | $2.50 Million |
| 2014 | -28.63% | -5.72% | 1.78x | 2.82x | $-3.60 Million |
| 2015 | 10.09% | 2.52% | 1.63x | 2.46x | $9.50K |
| 2016 | -54.63% | -9.78% | 1.84x | 3.04x | $-4.29 Million |
| 2017 | -109.14% | -11.53% | 1.48x | 6.40x | $-4.12 Million |
| 2018 | -295.58% | -7.68% | 1.87x | 20.59x | $-2.70 Million |
| 2019 | 28.60% | 5.15% | 1.52x | 3.64x | $1.17 Million |
| 2020 | 17.08% | 7.10% | 1.04x | 2.30x | $1.08 Million |
| 2021 | 23.91% | 14.90% | 0.79x | 2.03x | $2.93 Million |
| 2022 | 15.20% | 8.06% | 0.95x | 1.98x | $1.09 Million |
| 2023 | 23.64% | 13.61% | 0.99x | 1.76x | $3.67 Million |
| 2024 | 10.25% | 9.08% | 0.77x | 1.46x | $104.80K |
Industry Comparison
This section compares Eltek Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eltek Ltd (ELTK) | $45.45 Million | 17.50% | 0.43x | $25.81 Million |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |