What is Eltek Ltd's earnings per share (EPS)?

Eltek Ltd (ELTK) reported diluted earnings per share of $0.12 for fiscal year 2025. This represents a -81.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Eltek Ltd Financials

ELTK

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows Eltek Ltd (ELTK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ELTK FY2025 2026-04-22

Working-capital-heavy growth turned FY2025 sales gains into thinner profits and a second straight cash drain.

From FY2023 to FY2025, inventory and receivables absorbed an extra $8.9M, meaning more of the operating cycle is sitting on shelves or owed by customers instead of becoming cash. Over the same span, operating cash flow fell from $8.9M to $1.1M, which explains why revenue can still look healthy while internal funding has weakened sharply.

FY2025 looks like volume without margin: revenue reached $51.8M while gross margin slid to 15.4%, a sign that added sales were less profitable at the production level. With net margin down to 1.6%, the business is keeping far less of each sale after overhead and financing costs than it did at its FY2023 peak.

The balance sheet remains solvent but cash-thin, with liabilities of $19.5M against equity of $46.7M, so the issue is operating strain rather than balance-sheet overload. But cash ended FY2025 at only $2.5M after two years of negative free cash flow, making working-capital release and reinvestment discipline more important than additional leverage.

Financial Health Signals

Financial Health Score 56/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Eltek Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Eltek Ltd has an operating margin of 4.5%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 62/100, indicating healthy but not exceptional operating efficiency. This is down from 9.4% the prior year.

Growth

Eltek Ltd's revenue grew 11.3% year-over-year to $51.8M, a solid pace of expansion. This earns a growth score of 52/100.

Leverage

Eltek Ltd has a moderate D/E ratio of 0.42. This balance of debt and equity financing earns a leverage score of 63/100.

Liquidity

With a current ratio of 2.82, Eltek Ltd holds $2.82 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.

Cash Flow

While Eltek Ltd generated $1.1M in operating cash flow, capex of $5.4M consumed most of it, leaving -$4.2M in free cash flow. This results in a low score of 20/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Eltek Ltd's ROE of 1.8% shows moderate profitability relative to equity, earning a score of 61/100. This is down from 10.3% the prior year.

Altman Z-Score Safe

3.13

Eltek Ltd scores 3.13, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($58.6M) relative to total liabilities ($19.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

Eltek Ltd passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.39x

For every $1 of reported earnings, Eltek Ltd generates $1.39 in operating cash flow ($1.1M OCF vs $826K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.8x

Eltek Ltd earns $1.8 in operating income for every $1 of interest expense ($2.3M vs $1.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$51.8M

YoY+11.3%

5Y CAGR+7.1%

10Y CAGR+2.3%

Eltek Ltd generated $51.8M in revenue in fiscal year 2025. This represents an increase of 11.3% from the prior year.

EBITDA

$4.5M

YoY-25.0%

5Y CAGR-0.8%

10Y CAGR+3.3%

Eltek Ltd's EBITDA was $4.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 25.0% from the prior year.

Net Income

$826K

YoY-80.4%

5Y CAGR-20.5%

10Y CAGR-2.3%

Eltek Ltd reported $826K in net income in fiscal year 2025. This represents a decrease of 80.4% from the prior year.

EPS (Diluted)

$0.12

YoY-81.0%

5Y CAGR-27.0%

Eltek Ltd earned $0.12 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 81.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$4.2M

YoY+15.3%

Eltek Ltd generated -$4.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 15.3% from the prior year.

Cash & Debt

$2.5M

YoY-67.2%

5Y CAGR-12.1%

10Y CAGR+9.1%

Eltek Ltd held $2.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.1%

5Y CAGR+2.8%

Eltek Ltd had 7M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.

Margins & Returns

Gross Margin

15.4%

YoY-6.8pp

5Y CAGR-5.7pp

10Y CAGR-0.4pp

Eltek Ltd's gross margin was 15.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 6.8 percentage points from the prior year.

Operating Margin

4.5%

YoY-4.9pp

5Y CAGR-3.7pp

10Y CAGR+0.9pp

Eltek Ltd's operating margin was 4.5% in fiscal year 2025, reflecting core business profitability. This is down 4.9 percentage points from the prior year.

Net Margin

1.6%

YoY-7.5pp

5Y CAGR-5.5pp

10Y CAGR-0.9pp

Eltek Ltd's net profit margin was 1.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 7.5 percentage points from the prior year.

Return on Equity

1.8%

YoY-8.5pp

5Y CAGR-15.3pp

10Y CAGR-8.3pp

Eltek Ltd's ROE was 1.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.5 percentage points from the prior year.

Capital Allocation

R&D Spending

$50K

YoY-73.3%

5Y CAGR+90.4%

10Y CAGR-5.7%

Eltek Ltd invested $50K in research and development in fiscal year 2025. This represents a decrease of 73.3% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$5.4M

YoY-43.7%

5Y CAGR+37.7%

10Y CAGR+21.0%

Eltek Ltd invested $5.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 43.7% from the prior year.

ELTK Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$51.8M+11.3%	$46.5M-0.4%	$46.7M+17.8%	$39.6M+17.2%	$33.8M-7.9%	$36.7M
Cost of Revenue	$43.8M+21.1%	$36.2M+7.7%	$33.6M+7.1%	$31.4M+16.5%	$26.9M-7.1%	$29.0M
Gross Profit	$8.0M-22.8%	$10.3M-21.1%	$13.1M+58.4%	$8.3M+19.9%	$6.9M-10.9%	$7.7M
R&D Expenses	$50K-73.3%	$187K+120.0%	$85K-7.6%	$92K+17.9%	$78K+3800.0%	$2K
SG&A Expenses	$5.6M-3.0%	$5.8M+0.7%	$5.7M+9.9%	$5.2M+6.9%	$4.9M+3.5%	$4.7M
Operating Income	$2.3M-46.6%	$4.4M-39.8%	$7.3M+145.5%	$3.0M+52.4%	$1.9M-35.7%	$3.0M
Interest Expense	$1.3M+280.7%	-$705K-67.1%	-$422K+52.4%	-$887K-281.8%	$488K+44.8%	$337K
Income Tax	$247K-71.7%	$873K-36.0%	$1.4M+105.4%	$664K+118.8%	-$3.5M-5081.7%	$71K
Net Income	$826K-80.4%	$4.2M-33.5%	$6.4M+98.9%	$3.2M-36.6%	$5.0M+93.2%	$2.6M
EPS (Diluted)	$0.12-81.0%	$0.63-41.1%	$1.07+94.5%	$0.55-36.0%	$0.86+48.3%	$0.58

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Revenue	N/A	$12.5M	N/A	$10.5M	N/A	$11.0M	N/A	$9.1M
Cost of Revenue	N/A	$9.5M	N/A	$8.8M	N/A	$8.1M	N/A	$7.4M
Gross Profit	N/A	$3.0M	N/A	$1.6M	N/A	$3.0M	N/A	$1.7M
R&D Expenses	N/A	$0	N/A	$47K	N/A	$15K	N/A	$26K
SG&A Expenses	N/A	$1.6M	N/A	$1.2M	N/A	$1.5M	N/A	$1.3M
Operating Income	N/A	$1.5M	N/A	$405K	N/A	$1.4M	N/A	$346K
Interest Expense	N/A	$1.0M	N/A	-$489K	N/A	-$190K	N/A	-$611K
Income Tax	N/A	$79K	N/A	$143K	N/A	$271K	N/A	$204K
Net Income	N/A	$365K	N/A	$751K	N/A	$1.3M	N/A	$753K
EPS (Diluted)	N/A	$0.05	N/A	$0.11	N/A	$0.22	N/A	$0.13

ELTK Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$66.3M+10.1%	$60.2M+27.5%	$47.2M+15.1%	$41.0M-4.2%	$42.8M+21.7%	$35.2M
Current Assets	$38.7M-1.1%	$39.1M+29.9%	$30.1M+28.7%	$23.4M+3.6%	$22.6M+20.0%	$18.8M
Cash & Equivalents	$2.5M-67.2%	$7.6M-18.4%	$9.3M+26.0%	$7.4M-20.7%	$9.3M+96.1%	$4.7M
Inventory	$11.2M+17.6%	$9.5M+54.7%	$6.1M+19.6%	$5.1M+4.8%	$4.9M+32.1%	$3.7M
Accounts Receivable	$14.8M+25.5%	$11.8M+8.1%	$10.9M+7.7%	$10.1M+44.1%	$7.0M-22.5%	$9.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.5M+3.0%	$19.0M-6.6%	$20.3M+1.7%	$20.0M-8.0%	$21.7M+9.2%	$19.9M
Current Liabilities	$13.7M+2.9%	$13.3M-4.7%	$14.0M+33.5%	$10.5M+13.1%	$9.3M-4.5%	$9.7M
Long-Term Debt	N/A	N/A	$0-100.0%	$2.8M-29.4%	$3.9M+162.3%	$1.5M
Total Equity	$46.7M+13.5%	$41.2M+53.3%	$26.9M+27.8%	$21.0M-0.2%	$21.1M+38.0%	$15.3M
Retained Earnings	-$1.1M-72.9%	-$617K+87.3%	-$4.8M+51.0%	-$9.9M+18.2%	-$12.1M+29.4%	-$17.1M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$66.3M+2.9%	$64.4M+7.1%	$60.2M+9.6%	$54.9M+16.4%	$47.2M+13.8%	$41.5M+1.2%	$41.0M	N/A
Current Assets	$38.7M-0.6%	$38.9M-0.5%	$39.1M+10.9%	$35.3M+17.1%	$30.1M+13.8%	$26.5M+13.1%	$23.4M	N/A
Cash & Equivalents	$2.5M+40.2%	$1.8M-76.6%	$7.6M-14.7%	$8.9M-4.3%	$9.3M+11.4%	$8.3M+13.1%	$7.4M-10.7%	$8.2M
Inventory	$11.2M-13.4%	$12.9M+35.7%	$9.5M+47.3%	$6.4M+5.0%	$6.1M+7.9%	$5.7M+10.9%	$5.1M	N/A
Accounts Receivable	$14.8M+2.1%	$14.5M+22.9%	$11.8M+18.5%	$9.9M-8.7%	$10.9M-4.3%	$11.4M+12.5%	$10.1M	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.5M-1.3%	$19.8M+4.3%	$19.0M+11.8%	$17.0M-16.5%	$20.3M+11.7%	$18.2M-9.0%	$20.0M	N/A
Current Liabilities	$13.7M-0.4%	$13.8M+3.3%	$13.3M+18.5%	$11.3M-19.5%	$14.0M+18.2%	$11.8M+12.9%	$10.5M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	$0	$0-100.0%	$2.8M	N/A
Total Equity	$46.7M+4.7%	$44.6M+8.4%	$41.2M+8.5%	$38.0M+41.2%	$26.9M+15.4%	$23.3M+10.8%	$21.0M+3.8%	$20.2M
Retained Earnings	-$1.1M-102.9%	-$526K+14.7%	-$617K+73.8%	-$2.4M+51.4%	-$4.8M+30.8%	-$7.0M+29.1%	-$9.9M	N/A

ELTK Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.1M-74.8%	$4.5M-48.8%	$8.9M+131.4%	$3.8M-1.2%	$3.9M+19.2%	$3.3M
Capital Expenditures	$5.4M-43.7%	$9.5M+290.9%	$2.4M-19.7%	$3.0M+97.2%	$1.5M+41.9%	$1.1M
Free Cash Flow	-$4.2M+15.3%	-$5.0M-177.2%	$6.4M+701.7%	$802K-65.7%	$2.3M+7.8%	$2.2M
Investing Cash Flow	-$5.3M+66.4%	-$15.9M-436.4%	-$3.0M+2.3%	-$3.0M-83.9%	-$1.6M-44.5%	-$1.1M
Financing Cash Flow	-$1.2M-112.9%	$9.6M+352.4%	-$3.8M-132.4%	-$1.6M-177.1%	$2.1M+160.9%	$814K
Dividends Paid	$1.3M	$0-100.0%	$1.3M+32.9%	$994K	$0	$0
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	$1.3M	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ELTK Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	15.4%-6.8pp	22.2%-5.8pp	28.1%+7.2pp	20.9%+0.5pp	20.4%-0.7pp	21.1%
Operating Margin	4.5%-4.9pp	9.4%-6.2pp	15.6%+8.1pp	7.5%+1.7pp	5.8%-2.5pp	8.3%
Net Margin	1.6%-7.5pp	9.1%-4.5pp	13.6%+5.5pp	8.1%-6.8pp	14.9%+7.8pp	7.1%
Return on Equity	1.8%-8.5pp	10.3%-13.4pp	23.6%+8.4pp	15.2%-8.7pp	23.9%+6.8pp	17.1%
Return on Assets	1.3%-5.8pp	7.0%-6.4pp	13.5%+5.7pp	7.8%-4.0pp	11.8%+4.4pp	7.4%
Current Ratio	2.82-0.1	2.93+0.8	2.15-0.1	2.23-0.2	2.44+0.5	1.94
Debt-to-Equity	0.42-0.0	0.46+0.5	0.00-0.1	0.13-0.1	0.19+0.1	0.10
FCF Margin	-8.1%+2.6pp	-10.7%-24.4pp	13.8%+11.8pp	2.0%-4.9pp	6.9%+1.0pp	5.9%

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Gross Margin	N/A	24.1%	N/A	15.6%	N/A	26.7%	N/A	18.5%
Operating Margin	N/A	11.6%	N/A	3.9%	N/A	12.6%	N/A	3.8%
Net Margin	N/A	2.9%	N/A	7.2%	N/A	11.9%	N/A	8.3%
Return on Equity	N/A	0.8%	N/A	2.0%	N/A	5.6%	N/A	3.7%
Return on Assets	N/A	0.6%	N/A	1.4%	N/A	3.2%	N/A	N/A
Current Ratio	2.820.0	2.83-0.1	2.93-0.2	3.13+1.0	2.15-0.1	2.240.0	2.23	N/A
Debt-to-Equity	0.42-0.0	0.44-0.0	0.46+0.0	0.45+0.4	0.000.0	0.00-0.1	0.13	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

Wallbox Nv WBX

$111.8M

Deswell Inds DSWL

$54.0M

Syntec Optics Holdings OPTX

$370.2M

Neonode Inc NEON

$15.0M

Interlink Electrs Inc LINK

$64.3M

Frequently Asked Questions

What is Eltek Ltd's annual revenue?

Eltek Ltd (ELTK) reported $51.8M in total revenue for fiscal year 2025. This represents a 11.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Eltek Ltd's revenue growing?

Eltek Ltd (ELTK) revenue grew by 11.3% year-over-year, from $46.5M to $51.8M in fiscal year 2025.

Is Eltek Ltd profitable?

Yes, Eltek Ltd (ELTK) reported a net income of $826K in fiscal year 2025, with a net profit margin of 1.6%.

What is Eltek Ltd's EBITDA?

Eltek Ltd (ELTK) had EBITDA of $4.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Eltek Ltd's gross margin?

Eltek Ltd (ELTK) had a gross margin of 15.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Eltek Ltd's operating margin?

Eltek Ltd (ELTK) had an operating margin of 4.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Eltek Ltd's net profit margin?

Eltek Ltd (ELTK) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Eltek Ltd's return on equity (ROE)?

Eltek Ltd (ELTK) has a return on equity of 1.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Eltek Ltd's free cash flow?

Eltek Ltd (ELTK) generated -$4.2M in free cash flow during fiscal year 2025. This represents a 15.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Eltek Ltd's operating cash flow?

Eltek Ltd (ELTK) generated $1.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Eltek Ltd's total assets?

Eltek Ltd (ELTK) had $66.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Eltek Ltd's capital expenditures?

Eltek Ltd (ELTK) invested $5.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Eltek Ltd spend on research and development?

Eltek Ltd (ELTK) invested $50K in research and development during fiscal year 2025.

How many shares does Eltek Ltd have outstanding?

Eltek Ltd (ELTK) had 7M shares outstanding as of fiscal year 2025.

What is Eltek Ltd's current ratio?

Eltek Ltd (ELTK) had a current ratio of 2.82 as of fiscal year 2025, which is generally considered healthy.

What is Eltek Ltd's debt-to-equity ratio?

Eltek Ltd (ELTK) had a debt-to-equity ratio of 0.42 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Eltek Ltd's return on assets (ROA)?

Eltek Ltd (ELTK) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Eltek Ltd's Altman Z-Score?

Eltek Ltd (ELTK) has an Altman Z-Score of 3.13, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Eltek Ltd's Piotroski F-Score?

Eltek Ltd (ELTK) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Eltek Ltd's earnings high quality?

Eltek Ltd (ELTK) has an earnings quality ratio of 1.39x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Eltek Ltd cover its interest payments?

Eltek Ltd (ELTK) has an interest coverage ratio of 1.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Eltek Ltd?

Eltek Ltd (ELTK) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.