Financial Comparison: Eltek (NASDAQ:ELTK) & Acorn Energy (NASDAQ:ACFN)

Acorn Energy (NASDAQ:ACFNGet Free Report) and Eltek (NASDAQ:ELTKGet Free Report) are both small-cap technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.

Earnings & Valuation

This table compares Acorn Energy and Eltek”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Acorn Energy $11.48 million 4.50 $2.51 million $0.61 33.77
Eltek $48.48 million 1.25 $830,000.00 ($0.91) -9.89

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

Risk & Volatility

Acorn Energy has a beta of 0.24, suggesting that its stock price is 76% less volatile than the S&P 500. Comparatively, Eltek has a beta of 0.74, suggesting that its stock price is 26% less volatile than the S&P 500.

Insider & Institutional Ownership

64.6% of Eltek shares are held by institutional investors. 35.6% of Acorn Energy shares are held by company insiders. Comparatively, 72.0% of Eltek shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Acorn Energy and Eltek’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Acorn Energy 16.12% 10.06% 6.32%
Eltek -12.66% -13.57% -9.01%

Analyst Recommendations

This is a breakdown of current recommendations for Acorn Energy and Eltek, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Acorn Energy 0 1 0 0 2.00
Eltek 1 0 0 0 1.00

Summary

Acorn Energy beats Eltek on 8 of the 12 factors compared between the two stocks.

About Acorn Energy

(Get Free Report)

Acorn Energy, Inc., through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates through two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, compressors, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications. The CP segment offers remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies. The company was incorporated in 1986 and is based in Wilmington, Delaware.

About Eltek

(Get Free Report)

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards. It primarily serves medical technology, defense and aerospace, industrial, telecom, and networking equipment industries, as well as contract electronic manufacturers. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petah Tikva, Israel. Eltek Ltd. operates as a subsidiary of Nistec Golan Ltd.

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