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Eltek (ELTK) Competitors

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$8.28 -0.15 (-1.78%)
As of 03:52 PM Eastern
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ELTK vs. CAN, CRNT, VUZI, ATOM, CSLR, ICG, INSG, MRAM, MX, and ONDS

Should you be buying Eltek stock or one of its competitors? The main competitors of Eltek include Canaan (CAN), Ceragon Networks (CRNT), Vuzix (VUZI), Atomera (ATOM), Complete Solaria (CSLR), Intchains Group (ICG), Inseego (INSG), Everspin Technologies (MRAM), Magnachip Semiconductor (MX), and Ondas (ONDS). These companies are all part of the "electronic equipment" industry.

Eltek vs.

Canaan (NASDAQ:CAN) and Eltek (NASDAQ:ELTK) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, profitability, dividends, media sentiment, community ranking, risk, analyst recommendations, earnings and institutional ownership.

70.1% of Canaan shares are owned by institutional investors. Comparatively, 64.6% of Eltek shares are owned by institutional investors. 0.3% of Canaan shares are owned by insiders. Comparatively, 72.0% of Eltek shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Canaan had 9 more articles in the media than Eltek. MarketBeat recorded 13 mentions for Canaan and 4 mentions for Eltek. Eltek's average media sentiment score of 0.75 beat Canaan's score of 0.04 indicating that Eltek is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Eltek
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Eltek has a net margin of 11.51% compared to Canaan's net margin of -128.85%. Eltek's return on equity of 15.49% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-128.85% -60.37% -42.71%
Eltek 11.51%15.49%10.24%

Canaan currently has a consensus target price of $3.88, suggesting a potential upside of 384.38%. Given Canaan's stronger consensus rating and higher probable upside, equities research analysts plainly believe Canaan is more favorable than Eltek.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Eltek
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Canaan has a beta of 3.48, indicating that its stock price is 248% more volatile than the S&P 500. Comparatively, Eltek has a beta of 0.58, indicating that its stock price is 42% less volatile than the S&P 500.

Eltek received 120 more outperform votes than Canaan when rated by MarketBeat users. However, 76.47% of users gave Canaan an outperform vote while only 51.77% of users gave Eltek an outperform vote.

CompanyUnderperformOutperform
CanaanOutperform Votes
26
76.47%
Underperform Votes
8
23.53%
EltekOutperform Votes
146
51.77%
Underperform Votes
136
48.23%

Eltek has lower revenue, but higher earnings than Canaan. Canaan is trading at a lower price-to-earnings ratio than Eltek, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$269.32M0.84-$414.15M-$0.91-0.88
Eltek$46.53M1.20$6.35M$0.6313.17

Summary

Eltek beats Canaan on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ELTK vs. The Competition

MetricEltekPrinted circuit boards IndustryComputer SectorNASDAQ Exchange
Market Cap$56.63M$3.72B$22.66B$7.70B
Dividend Yield2.30%1.22%3.01%4.33%
P/E Ratio9.7621.4441.4718.31
Price / Sales1.201.042,222.80107.09
Price / Cash8.5812.3034.6934.62
Price / Book1.812.366.024.25
Net Income$6.35M$225.45M$735.88M$247.51M
7 Day Performance-2.70%7.01%4.19%6.08%
1 Month Performance-3.49%-8.91%-4.03%-3.77%
1 Year Performance-25.23%3.96%52,664.83%4.60%

Eltek Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELTK
Eltek
4.52 of 5 stars
$8.30
-1.5%
N/A-23.0%$56.63M$46.53M9.76260Analyst Forecast
News Coverage
CAN
Canaan
2.4153 of 5 stars
$0.75
+10.9%
$3.88
+418.0%
-16.7%$210.65M$269.32M-0.55350
CRNT
Ceragon Networks
3.7108 of 5 stars
$2.10
flat
$6.38
+203.6%
-25.8%$186.56M$394.19M7.781,340
VUZI
Vuzix
0.1396 of 5 stars
$1.65
-1.2%
$2.00
+21.2%
+30.9%$125.80M$5.75M-1.33110Positive News
Gap Up
ATOM
Atomera
1.8705 of 5 stars
$4.00
-3.4%
$7.00
+75.0%
-30.6%$122.82M$135,000.00-5.8820Gap Up
CSLR
Complete Solaria
2.0024 of 5 stars
$1.63
+13.6%
$6.00
+268.1%
N/A$120.24M$40.80M0.00151Upcoming Earnings
Positive News
ICG
Intchains Group
3.1814 of 5 stars
$1.91
+14.0%
$9.50
+397.4%
-79.9%$114.56M$281.77M17.37133Gap Up
INSG
Inseego
2.4567 of 5 stars
$7.43
+2.3%
$14.33
+92.9%
+159.3%$111.50M$191.24M-11.98410
MRAM
Everspin Technologies
1.6925 of 5 stars
$4.92
+0.6%
$9.00
+82.9%
-29.4%$109.97M$50.40M82.0090Upcoming Earnings
News Coverage
MX
Magnachip Semiconductor
2.3732 of 5 stars
$2.84
+1.4%
$7.00
+146.5%
-37.8%$104.75M$231.74M-2.45900Upcoming Earnings
News Coverage
Gap Up
ONDS
Ondas
3.0812 of 5 stars
$0.91
+12.3%
$3.25
+255.5%
+0.2%$96.67M$7.19M-1.2770Positive News
Gap Up
High Trading Volume

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This page (NASDAQ:ELTK) was last updated on 4/24/2025 by MarketBeat.com Staff
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