Eltek (ELTK) Cyclically Adjusted FCF per Share: $-0.26 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELTK Eltek Ltd ELTK
68 GF Score
Price $8.98
GF Value $11.05
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Eltek Cyclically Adjusted FCF per Share?

Eltek ELTK +3.77% 68 Cyclically Adjusted FCF per Share is $-0.26 as of Mar. 2026. GuruFocus rates ELTK with a GF Score™ of 68/100 and a GF Value™ of $11.05 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Eltek's adjusted free cash flow per share for the three months ended in Mar. 2026 was $-0.166. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.26 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -16.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Eltek was 38.70% per year. The lowest was -16.60% per year. And the median was 25.70% per year.

As of today (2026-07-17), Eltek's current stock price is $8.976. Eltek's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-0.26. Eltek's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eltek was 1968.00. The lowest was 7.90. And the median was 54.29.


Eltek  (NAS:ELTK) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eltek was 1968.00. The lowest was 7.90. And the median was 54.29.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Eltek Cyclically Adjusted FCF per Share Related Terms


Eltek Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Eltek's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eltek Cyclically Adjusted FCF per Share Chart

Eltek Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.12 0.01 -0.07 -0.19

Eltek Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.10 -0.13 -0.19 -0.26

ELTK vs LINK, DSWL, WBX: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Eltek's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eltek Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Eltek's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Eltek's Cyclically Adjusted Price-to-FCF falls into.


ELTK
68GF Score
Eltek Ltd ELTK
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltek Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Eltek's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.166/330.2130*330.2130
=-0.166

Current CPI (Mar. 2026) = 330.2130.

Eltek Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.142 241.018 -0.195
201609 0.192 241.428 0.263
201612 -0.728 241.432 -0.996
201703 -0.427 243.801 -0.578
201706 -0.289 244.955 -0.390
201709 -0.667 246.819 -0.892
201712 -0.449 246.524 -0.601
201803 -0.463 249.554 -0.613
201806 -0.297 251.989 -0.389
201809 0.038 252.439 0.050
201812 -0.141 251.233 -0.185
201903 0.722 254.202 0.938
201906 -0.095 256.143 -0.122
201909 0.252 256.759 0.324
201912 -0.121 256.974 -0.155
202003 0.291 258.115 0.372
202006 0.262 257.797 0.336
202009 0.120 260.280 0.152
202012 -0.160 260.474 -0.203
202103 0.385 264.877 0.480
202106 0.008 271.696 0.010
202109 -0.039 274.310 -0.047
202112 0.044 278.802 0.052
202203 0.009 287.504 0.010
202206 0.032 296.311 0.036
202209 -0.020 296.808 -0.022
202212 0.117 296.797 0.130
202303 0.422 301.836 0.462
202306 -0.048 305.109 -0.052
202309 0.530 307.789 0.569
202312 0.178 306.746 0.192
202403 -0.220 312.332 -0.233
202406 -0.209 314.175 -0.220
202409 -0.047 315.301 -0.049
202412 -0.233 315.605 -0.244
202503 -0.149 319.799 -0.154
202506 -0.690 322.561 -0.706
202509 0.091 324.800 0.093
202512 0.128 324.054 0.130
202603 -0.166 330.213 -0.166

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $-0.26 mean?
Eltek (ELTK) has a Cyclically Adjusted FCF per Share of $-0.26 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Eltek and its competitors.
Is Eltek's Cyclically Adjusted FCF per Share too high?
Eltek's current Cyclically Adjusted FCF per Share is $-0.26. Overall, Eltek has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eltek's Cyclically Adjusted FCF per Share compare to LINK and DSWL?
Eltek's Cyclically Adjusted FCF per Share of $-0.26 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Eltek and its competitors. Eltek's current Cyclically Adjusted FCF per Share is $-0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltek stock overvalued right now?
Based on GuruFocus' analysis, Eltek (ELTK) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.05, compared to a current price of $8.98 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $-0.26. Eltek's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Eltek (ELTK), the current Cyclically Adjusted FCF per Share is $-0.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eltek (ELTK) Overvalued in 2026?

Based on GuruFocus' analysis, Eltek stock appears to be undervalued. The current stock price of $8.98 is trading 18.8% below its estimated GF Value™ of $11.05. GuruFocus considers Eltek to be Modestly Undervalued.

Key valuation signals for ELTK:

  • Cyclically Adjusted FCF per Share: $-0.26
  • GF Value™: $11.05 vs. price of $8.98 (18.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the ELTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltek Business Description

Address 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva, ISR, 4927920
Eltek Ltd is engaged in the technology business sector that manufactures and supplies technologically new custom-made circuitry solutions. The company manufactures, markets, and sells custom-made printed circuit boards (PCBs), including high-density interconnect, flex-rigid and multi-layered boards. The Company markets its products mainly to the medical technology, defense and aerospace, industrial, telecom, and networking equipment industries. The geographic areas of the company are Israel, North America, the Netherlands, India, and Others. It generates the majority of its revenue from Israel.
68GF Score

Get the complete analysis for ELTK

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.98
Price
$11.05
GF Value