Eltek (ELTK) Return on Invested Capital (2009 - 2023)
Eltek (ELTK) posted quarterly Return on Invested Capital of 0.1% for Q4 2023, up 9.0% year-over-year from 0.09% in Q4 2022, and up 149.54% quarter-over-quarter from 0.04% in Q3 2023.
Eltek (ELTK) Return on Invested Capital (2009 - 2023) Analysis & Trends
Eltek (ELTK) has reported Return on Invested Capital for 15 consecutive years, with 0.1% the latest figure, recorded in Q4 2023.
- In Q4 2023, Return on Invested Capital rose 9.0% year-over-year to 0.1%; the TTM figure through Dec 2023 stood at 0.1% (up 9.0% YoY), while the FY2022 annual figure was 0.03%, down 6.0% from the prior year.
- Return on Invested Capital climbed to 0.1% in Q4 2023 per ELTK's latest filing, from 0.04% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.1% in Q4 2023 and bottomed at 0.0% in Q1 2019.
- Historically, Return on Invested Capital has averaged 0.02% across 5 years, with a median of 0.01% in 2020.
- Annual changes were most pronounced in 2022 — Return on Invested Capital declined 2 bps — and 2023, when it climbed 9 bps.
- Eltek's Return on Invested Capital stood at 0.0% in 2019, then soared by 530 bps to 0.01% in 2020, then soared by 259 bps to 0.03% in 2021, then tumbled by 72 bps to 0.01% in 2022, then surged by 1032 bps to 0.1% in 2023.
- Business Quant data shows ELTK's Return on Invested Capital at 0.1% in Q4 2023, 0.04% in Q3 2023, and 0.02% in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 386.99 Bn | 380.88 Bn | 3.55 Bn | 0.01% |
| 2 | Corning | 129.35 Bn | 126.84 Bn | 1.63 Bn | 0.01% |
| 3 | TE Connectivity | 58.98 Bn | 57.74 Bn | 1.84 Bn | 0.01% |
| 4 | Flex | 40.38 Bn | 37.54 Bn | 747.00 Mn | 0.01% |
| 5 | Celestica | 34.01 Bn | 33.48 Bn | 577.50 Mn | 0.10% |
| 6 | Jabil | 32.97 Bn | 31.61 Bn | 828.00 Mn | 0.01% |
| 7 | Fabrinet | 15.62 Bn | 14.74 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 11.50 Bn | 10.99 Bn | 211.86 Mn | 0.19% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 0.00% |
| 10 | Eltek | 54.07 Mn | 43.01 Mn | -1.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.10% |
| Sep 30, 2023 | 0.04% |
| Jun 30, 2023 | 0.02% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 0.01% |
| Sep 30, 2022 | 0.02% |
| Jun 30, 2022 | 0.02% |
| Mar 31, 2022 | 0.03% |
| Dec 31, 2021 | 0.03% |
| Sep 30, 2021 | 0.01% |
| Jun 30, 2021 | 0.01% |
| Mar 31, 2021 | 0.01% |
| Dec 31, 2020 | 0.01% |
| Sep 30, 2020 | 0.01% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.00% |
| Jun 30, 2019 | 0.00% |
| Mar 31, 2019 | 0.00% |