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Eltek (ELTK) Competitors

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$10.30 +0.01 (+0.14%)
Closing price 09/18/2025 03:56 PM Eastern
Extended Trading
$10.32 +0.01 (+0.11%)
As of 09/18/2025 04:10 PM Eastern
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ELTK vs. CAN, LPTH, VLN, INSG, WOLF, VUZI, CRNT, MRAM, NA, and ESP

Should you be buying Eltek stock or one of its competitors? The main competitors of Eltek include Canaan (CAN), LightPath Technologies (LPTH), Valens Semiconductor (VLN), Inseego (INSG), Wolfspeed (WOLF), Vuzix (VUZI), Ceragon Networks (CRNT), EVERSPIN TECH (MRAM), Nano Labs (NA), and ESPEY MFG & ELECTRONICS (ESP). These companies are all part of the "electronic equipment" industry.

Eltek vs. Its Competitors

Eltek (NASDAQ:ELTK) and Canaan (NASDAQ:CAN) are both small-cap electronic equipment companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, media sentiment, institutional ownership, dividends and earnings.

Eltek has higher earnings, but lower revenue 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
Eltek$46.53M1.49$4.22M$0.4522.90
Canaan$269.32M1.14-$249.75M-$0.90-0.91

Eltek has a net margin of 6.26% compared to Canaan's net margin of -77.01%. Eltek's return on equity of 7.40% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Eltek6.26% 7.40% 5.08%
Canaan -77.01%-92.49%-50.12%

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

Canaan has a consensus price target of $2.50, suggesting a potential upside of 204.92%. Given Canaan's stronger consensus rating and higher probable upside, analysts clearly believe Canaan is more favorable than Eltek.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eltek
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canaan
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

Eltek has a beta of 0.55, suggesting that its share price is 45% less volatile than the S&P 500. Comparatively, Canaan has a beta of 3.45, suggesting that its share price is 245% more volatile than the S&P 500.

In the previous week, Canaan had 15 more articles in the media than Eltek. MarketBeat recorded 19 mentions for Canaan and 4 mentions for Eltek. Eltek's average media sentiment score of 0.72 beat Canaan's score of -0.06 indicating that Eltek is being referred to more favorably in the media.

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

Summary

Eltek beats Canaan on 9 of the 16 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 ELTK 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

MetricEltekELEC IndustryComputer SectorNASDAQ Exchange
Market Cap$69.15M$5.92B$31.84B$10.28B
Dividend Yield1.85%2.40%3.16%4.64%
P/E Ratio22.9027.27452.0926.98
Price / Sales1.492.651,907.29128.54
Price / Cash10.8223.8837.2060.63
Price / Book1.522.647.536.37
Net Income$4.22M$177.35M$809.77M$271.46M
7 Day Performance1.62%1.64%3.98%2.53%
1 Month Performance-0.01%7.22%9.14%9.42%
1 Year Performance-6.84%20.61%24,200.37%30.16%

Eltek Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELTK
Eltek
4.4484 of 5 stars
$10.30
+0.1%
N/A-6.2%$69.15M$46.53M22.90260Short Interest ↓
CAN
Canaan
3.2617 of 5 stars
$0.70
-0.4%
$2.50
+255.7%
-23.4%$263.23M$269.32M-0.78350
LPTH
LightPath Technologies
1.3568 of 5 stars
$5.31
-6.3%
$5.38
+1.2%
+414.6%$252.04M$31.73M-20.42330News Coverage
Short Interest ↑
Gap Down
VLN
Valens Semiconductor
3.4944 of 5 stars
$1.97
-1.0%
$4.00
+102.9%
-10.2%$211.62M$57.86M-6.16310News Coverage
Short Interest ↓
INSG
Inseego
2.4318 of 5 stars
$13.01
-1.7%
$13.00
-0.1%
-25.7%$199.17M$191.24M-37.17410Gap Up
WOLF
Wolfspeed
1.4575 of 5 stars
$1.23
-1.8%
$9.80
+698.0%
-70.3%$195.59M$757.60M-0.113,434Gap Up
VUZI
Vuzix
0.0856 of 5 stars
$2.31
-4.9%
N/A+126.9%$187.94M$5.76M-4.53110High Trading Volume
CRNT
Ceragon Networks
3.8432 of 5 stars
$2.02
+1.0%
$5.30
+162.4%
-3.1%$177.86M$394.19M12.631,056News Coverage
Analyst Forecast
Short Interest ↑
MRAM
EVERSPIN TECH
1.1688 of 5 stars
$6.72
+3.2%
$8.00
+19.0%
+44.7%$147.29M$50.40M96.0090High Trading Volume
NA
Nano Labs
0.5795 of 5 stars
$4.95
+0.4%
N/A+77.9%$145.55M$5.65M0.00157Short Interest ↑
Gap Up
ESP
ESPEY MFG & ELECTRONICS
N/A$47.95
-4.3%
N/AN/A$141.91M$45.97M17.89150

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This page (NASDAQ:ELTK) was last updated on 9/19/2025 by MarketBeat.com Staff
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