ELTK vs FLEX Stock Comparison

Eltek and Flex Prices as of Oct 26, 2026 Peers: Industry group
ELTK Eltek Ltd
$6.59 -18.8% 1M -41.3% 1Y
Market cap
$44.28M
P/E
–
Revenue (TTM)
—
Div. yield
–
Electronic Manufacturing Services Technology
3 wins
FLEX Flex Ltd.
$76.99 -32.9% 1M +19.8% 1Y
Market cap
$30.60B
P/E
31.5x
Revenue (TTM)
$29.27B
Div. yield
–
Electronic Manufacturing Services Technology
3 wins

Head to Head

6 decided of 12

Flex leads on 3 of the 12 questions below (Flex 3, Eltek 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionELTKFLEXLeader
Larger companyMarket capitalisation $44.28M $30.60B FLEX
Cheaper on earningsLower P/E, profitable companies only — 31.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.1x 15.8x ELTK
Faster revenue growthRevenue growth, trailing twelve months — +12.2% –
More profitableNet margin, trailing twelve months — 3.3% –
Better return on capitalReturn on invested capital — 11.3% –
Less leveragedLower net debt / EBITDA — 1.5x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -41.3% +19.8% FLEX
Better 5-year returnAnnualised price return, 5 years +4.4%/yr +41.1%/yr FLEX
Less volatileAnnualised volatility, 1 year 52.3% 68.7% ELTK
Higher overall scoreMean of the five percentile scores vs peers 60/100 55/100 ELTK

Percentile Scorecard

ELTKFLEX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisELTKFLEX
Valuation 96 #5 of 111 66 #38 of 111
Growth 34 #72 of 108 49 #56 of 108
Profitability – 56 #46 of 104
Financial Health 68 #37 of 115 19 #93 of 115
Shareholder Returns 40 #49 of 81 84 #14 of 81
Overall 60 55
  • ELTK ranked among 121 companies in Computer Hardware
  • FLEX ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodELTKFLEXSPY
1 month -18.8%-32.9% -0.8%
3 months -28.0%-33.7% +3.5%
6 months -25.8%-14.5% +7.0%
Year to date -23.8%+27.4% +12.2%
1 year -41.3%+19.8% +13.0%
3 years -30.6%+297.3% +86.3%
3 years, per year -11.5%+58.4% +23.1%
5 years +23.9%+458.7% +68.6%
5 years, per year +4.4%+41.1% +11.0%
10 years +34.5%+645.3% +258.0%
10 years, per year +3.0%+22.2% +13.6%

Risk

MeasureELTKFLEXSPY
Volatility, 1Y 52.3%68.7% 12.7%
Downside volatility, 1Y 57.9%64.2% 12.7%
Beta vs S&P 500, 1Y 0.743.09 1.00
Return / volatility, 1Y -0.790.29 1.02
Max drawdown, 5Y -70.7%-52.8% -25.4%
From 52-week high -42.9%-52.5% -1.8%
52-week high $11.55$162.07 $779.14
52-week low $6.57$54.51 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleELTKFLEX
P/E now vs peer median —median 32.0x 29.0xmedian 32.0x
P/S now vs peer median —median 2.8x 1.0xmedian 2.8x
EV/EBITDA now vs peer median —median 19.4x 19.8xmedian 19.4x
P/FCF now vs peer median 5.6xmedian 29.0x 34.4xmedian 29.0x
P/B now vs peer median 1.0xmedian 2.9x 5.2xmedian 2.9x
PEG now vs peer median —median 1.13 2.01median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsELTKFLEX
Revenue – $29.27B
Gross profit – $2.74B
Operating income – $1.45B
Net income -$6.14M $973.00M
Free cash flow $7.87M $826.00M
EPS (diluted) – $2.60
Cash & equivalents $9.39M $2.84B
Total debt $3.38M $5.22B
Shares (diluted) 6.79M 374.00M
Enterprise value -$2.04M $20.07B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricELTKFLEX
P/E – 29.0x
P/FCF 5.6x 34.4x
P/Operating cash flow 11.9x 18.2x
P/S – 1.0x
P/B 1.0x 5.2x
P/Tangible book 1.0x 6.0x
EV/EBITDA – 19.8x
EV/EBIT – 21.3x
EV/Revenue – 1.1x
EV/FCF 4.3x 37.3x
EV/Operating cash flow 9.0x 19.7x
PEG (3Y EPS CAGR) – 2.01

Growth

14 metrics
MetricELTKFLEX
Revenue growth (1Y) – 12.2%
Revenue CAGR (3Y) – 1.0%
Gross profit growth (1Y) – 21.3%
Gross profit CAGR (3Y) – 11.7%
Operating income growth (1Y) – 16.2%
Operating income CAGR (3Y) – 14.0%
Net income growth (1Y) -297.9% 9.2%
Net income CAGR (3Y) -49.0% -2.5%
EPS growth (1Y) – 11.2%
EPS CAGR (3Y) – 14.4%
Operating cash flow growth (1Y) 424.0% -0.1%
Operating cash flow CAGR (3Y) -14.1% 19.4%
Free cash flow growth (1Y) 48.9% -25.2%
Free cash flow CAGR (3Y) -4.4% 54.7%

Profitability

14 metrics
MetricELTKFLEX
Gross margin – 9.4%
EBITDA margin – 5.3%
Operating margin – 5.0%
Pretax margin – 4.4%
Net margin – 3.3%
FCF margin – 2.8%
Operating cash flow margin – 5.3%
Return on equity – 18.3%
Return on assets – 4.1%
Return on invested capital – 11.3%
Return on capital employed – 13.9%
Asset turnover – 1.2x
Cash conversion (OCF / net income) -0.6x 1.6x
Stock comp / revenue – –

Financial Health

11 metrics
MetricELTKFLEX
Debt / assets 1.0% 20.7%
Debt / equity 0.0x 0.9x
Net debt / EBITDA – 1.5x
Debt / FCF 0.1x 6.3x
Liabilities / assets 39.3% 78.2%
Equity / assets 60.7% 21.8%
Interest coverage – 6.5x
Current ratio 2.2x 1.4x
Quick ratio 0.7x 0.6x
Cash ratio 0.7x 0.2x
Altman Z-score – 2.59

Shareholder Returns

7 metrics
MetricELTKFLEX
Dividend yield – –
Net buyback yield -0.1% 2.5%
Shareholder yield -0.1% 2.5%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusELTKFLEX
Forward P/E 5.1xFY2026 15.8xFY2026
EPS, next fiscal year $1.29FY2026 $4.88FY2026
EPS growth, next FY +975.0%FY2026 +47.9%FY2026
EPS growth, the year after -212.4% +38.7%
Revenue, next fiscal year $56.54MFY2026 $36.41BFY2026
Revenue growth, next FY +9.2%FY2026 +30.4%FY2026
Revenue growth, the year after -5.4% +29.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELTKFLEX
Held by institutions – 94.3%
Institutions holding – 1,106
Change in shares held, QoQ – -0.8%
Institutions buying – 674
Institutions selling – 342
Buyers to sellers – 1.97

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ELTKFLEX
ELTK 1.00 0.11
FLEX 0.11 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, ELTK and FLEX?

Flex (FLEX) is the largest by market capitalisation: Eltek (ELTK) $44.28M, Flex (FLEX) $30.60B.

Which stock has performed better?

Over the past year Flex (FLEX) returned the most: Eltek (ELTK) -41.3%, Flex (FLEX) +19.8%. Over five years, Flex (FLEX) compounded fastest (Eltek (ELTK) +4.4%/yr, Flex (FLEX) +41.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Eltek (ELTK) has been the steadiest (Eltek (ELTK) 52.3%, Flex (FLEX) 68.7%). Volatility measures how widely the price swings, not the risk of the business.

Do ELTK and FLEX move together?

Their daily returns over the past year have a correlation of 0.11, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, ELTK and FLEX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Flex (FLEX) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.