Gad Dovev - Eltek External Director

ELTK Stock  USD 10.91  0.34  3.02%   

Director

Mr. Gad Dovev serve as an external director of the company in October 2014 and is a member of our audit and compensation committees. Mr. Dovev retired from the Israeli Ministry of Defense in August 2012. Mr. Dovev served as head of the Israeli Ministry of Defense Mission to the United States from August 2008 to August 2011. From August 2005 to August 2008, Mr. Dovev served as head of the Israeli Ministry of Defense Mission to Germany. Prior to that, from 2001 to 2005, Mr. Dovev acted as Deputy General Manager of the Israeli Ministry of Defense and Head of the Rehabilitation Department. From 1993 to 2001, Mr. Dovev served as Director of the Finance Department and the Financial Comptroller of the Israeli Ministry of Defense. Mr. Dovev served as member of the Board of Directors of Bank Otsar HaHayal Ltd., IMIIsrael Military Industries Ltd., Shekem Ltd. and Gapim Ltd since 2014.
Age 67
Tenure 10 years
Address Sgoola Industrial Zone, Petah Tikva, Israel, 4927920
Phone972 3 939 5025
Webhttps://www.nisteceltek.com
Dovev holds a BSc in Financial and Agricultural Administration from the Hebrew University of Jerusalem.

Eltek Management Efficiency

The company has return on total asset (ROA) of 0.1034 % which means that it generated a profit of $0.1034 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2653 %, meaning that it created $0.2653 on every $100 dollars invested by stockholders. Eltek's management efficiency ratios could be used to measure how well Eltek manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.14 this year. Return On Capital Employed is expected to rise to 0.23 this year. At this time, Eltek's Total Current Liabilities is quite stable compared to the past year. Change To Liabilities is expected to rise to about 1.9 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 28 M.
The company currently holds 6.66 M in liabilities with Debt to Equity (D/E) ratio of 0.58, which is about average as compared to similar companies. Eltek has a current ratio of 2.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Eltek until it has trouble settling it off, either with new capital or with free cash flow. So, Eltek's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eltek sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eltek to invest in growth at high rates of return. When we think about Eltek's use of debt, we should always consider it together with cash and equity.

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Eltek Ltd. manufactures, markets, and sells printed circuit boards in Israel, Europe, North America, India, the Netherlands, and internationally. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 264 people. Eltek (ELTK) is traded on NASDAQ Exchange in USA. It is located in Sgoola Industrial Zone, Petah Tikva, Israel, 4927920 and employs 333 people. Eltek is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Eltek Leadership Team

Elected by the shareholders, the Eltek's board of directors comprises two types of representatives: Eltek inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eltek. The board's role is to monitor Eltek's management team and ensure that shareholders' interests are well served. Eltek's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eltek's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amnon Shemer, CFO and VP of Fin.
Shlomi Kisluk, Vice Assurance
Gavriel Meron, Director
Itzik Zemach, Vice Operations
Ron Freund, Chief Officer
Shay Shahar, VP of Marketing and Sales
Eli Yaffe, Chief Officer
Alon Mualem, CFO
Kathy NargiToth, President of Eltek USA Inc
Shmuel Wider, Vice President of Sales
Eliyahu Dvora, VP of Operations
Ophira RosolioAharonson, Outside Independent Director
Gil Riff, Vice President - Quality Assurance and Continuous Improvement
Moran Aba, HR Manager
Yitzhak Zemach, Vice Operations
Mordechai Marmorstein, Director
Oriel Sallary, Vice Marketing
David Rubner, Director
Axel Herrmann, General Manager of Eltek Europe
Sagi Balter, Vice Technology
Gad Dovev, External Director
Roberto Tulman, Deputy CEO and CTO
Eliezer Yaffe, CEO
Avraham Gal, CIO, VP of 5S and General Manager of Kubatronik
Assi Bachar, CIO
Yitzhak Nissan, Chairman, CEO and Member of Banking Committee
Itzik Tzemach, Director of Operations and Procurement Officer
Erez Meltzer, Chairman of the Board
James Barry, President of Eltek USA Inc

Eltek Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eltek a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eltek in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eltek's short interest history, or implied volatility extrapolated from Eltek options trading.

Pair Trading with Eltek

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eltek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eltek will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Eltek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eltek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eltek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eltek to buy it.
The correlation of Eltek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eltek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eltek moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eltek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eltek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eltek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eltek Stock. Highlighted below are key reports to facilitate an investment decision about Eltek Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eltek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Eltek's price analysis, check to measure Eltek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eltek is operating at the current time. Most of Eltek's value examination focuses on studying past and present price action to predict the probability of Eltek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eltek's price. Additionally, you may evaluate how the addition of Eltek to your portfolios can decrease your overall portfolio volatility.
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Is Eltek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eltek. If investors know Eltek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eltek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.598
Dividend Share
0.22
Earnings Share
1.07
Revenue Per Share
7.911
Quarterly Revenue Growth
0.176
The market value of Eltek is measured differently than its book value, which is the value of Eltek that is recorded on the company's balance sheet. Investors also form their own opinion of Eltek's value that differs from its market value or its book value, called intrinsic value, which is Eltek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eltek's market value can be influenced by many factors that don't directly affect Eltek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eltek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eltek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eltek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.