Founded in 1970 and headquartered in Petach Tikva, Israel, Eltek operates as a specialized PCB manufacturer serving niche high-reliability segments. The firm offers solutions and services to the printed circuit board business in Israel, Europe, North America, and Asia.
Cyborg Score Rationale
Eltek operates in a stable, specialized segment with strong customer diversification across defense, medical, industrial and telecom sectors. However, the company is a micro-cap with limited scale ($58M market cap) and faces execution risks from geopolitical tensions in Israel and supply-chain vulnerabilities. Recent financial performance shows mixed profitability.
Top Insights
Product portfolio includes flex-rigid boards, rigid multilayer boards, high density interconnect, flex and multi-flex boards, Teflon and hybrid boards, and backplanes
Competes with Delta Electronics and Artesyn in niche high-reliability segments, holding an edge in custom solutions
Market capitalization of $58.39M USD as of June 2026
Defense and aerospace customers provide stable recurring revenue but limit addressable market growth
Named Competitors
Delta Electronics PCB Solutions — Large-scale power supply and PCB manufacturer