Last 11.55 NOK
Change Today +0.05 / 0.43%
Volume 2.2M
ELT On Other Exchanges
As of 10:25 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

eltek asa (ELT) Snapshot

11.50 NOK
Previous Close
11.50 NOK
Day High
11.55 NOK
Day Low
11.50 NOK
52 Week High
12/30/14 - 11.60 NOK
52 Week Low
04/14/14 - 6.70 NOK
Market Cap
Average Volume 10 Days
0.41 NOK
Shares Outstanding
0.75 NOK
Dividend Yield
Current Stock Chart for ELTEK ASA (ELT)

Related News

No related news articles were found.

eltek asa (ELT) Details

Eltek ASA, through its subsidiaries, develops, manufactures, and markets power systems and solutions for telecommunications and datacenters, power utilities, railway and metro, marine and offshore, solar, and other industries. The company’s power systems build on various power conversion modules and controllers, assembled into complete solutions meeting the required power and voltage ratings for different applications. It offers converters, rectifiers, inverters, monitoring, systems, enclosures, static bypass switches, and solar converters. The company also provides a range of services, including site surveys, project management, installation and commissioning, preventive maintenance, battery maintenance, emergency services, and product repair and training. Eltek ASA offers its solutions in approximately 100 countries worldwide. The company was founded in 1971 and is headquartered in Drammen, Norway.

2,400 Employees
Last Reported Date: 10/23/14
Founded in 1971

eltek asa (ELT) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 6.0M NOK
Chief Financial Officer
Total Annual Compensation: 1.3M NOK
Compensation as of Fiscal Year 2013.

eltek asa (ELT) Key Developments

Eltek ASA Announces Revenue Results for the Fourth Quarter 2014

Eltek ASA announced revenue results for the fourth quarter 2014. For the quarter, the company's revenue was approximately NOK 1,068 million, compared to NOK 973 million in the fourth quarter 2013.

Eltek to Power Enterprise and Data Center Network At New Southeast Bank Building with its High Efficiency Dc Power Plant

Eltek announced that its high efficiency (HE) DC power technology was selected to power the enterprise and data center computing resources for the new SouthEast Bank building in Farragut, TN. The project was successfully designed and installed by Eltek partners Taylor Telecom Solutions and Solara Technical. While DC power is common in telecom applications, it is just emerging as a lower cost, green solution for enterprise networks and data centers because it offers dramatically less power loss due to conversion from AC to DC. SouthEast Bank engaged Taylor Telecom and Solara to help it build a network in its new four-story headquarters building. The company required connectivity to support traditional PCs, WYSE zero clients, VoIP handsets, wireless access points, IP security cameras, and other network connections. Eltek’s Integrated Power System with Energy Star-qualified V-Series HE rectifiers are powering all of the facility’s remote gigabit-capable passive optical network (GPON) terminals. The 48V DC integrated power system is located in a centralized data room, with GMT 10X-U distribution panels located next to each optical splitter. All equipment in the network is powered either directly from the integrated power system or, for AC-powered equipment, through a telecom-grade DC-AC inverter. The power system design demonstrates the ability to distribute power from one centralized source compared to an AC-power architecture that requires distributed uninterrupted power supply (UPS) systems with numerous external AC plugs for the optical network terminals (ONTs). The centralized DC system provides much longer battery back-up capability, with cost-effective telecom-grade, long-life batteries. The initial cost of the system is low, and it can easily be expanded with the simple addition of supplemental plug-in modules. Eltek’s V-Series HE rectifiers deliver power density, high reliability, and efficiency levels that exceed 95 percent. The remote monitoring, maintenance, and data collection capability of the system strongly supports SouthEast Bank’s desire to fully monitor and control the entire network from offsite locations.

Eltek Secures Key DC Power System Win for DolWin3 Off Shore Wind Energy Project

Eltek announced it has secured a key order for advanced power supply systems for the operation of the DolWin3 off shore wind energy project in Germany. Eltek equipment will supply secure power to protection and control equipment for the on-shore high voltage DC (HVDC) substation that transfers electricity generated by offshore wind turbines in the North Sea to the German grid. Deliveries will include DC power supplies, inverters, batteries and associated services. The order was placed by Alstom Grid, a global supplier of power generation, transmission and distribution solutions and equipment. Alstom Grid was awarded the DolWin3 project by transmission system operator TenneT. Power Utility Success: An increasing number of power utilities are abandoning the use of older and less efficient DC power systems, and instead are relying on Eltek HE solutions for powering the systems that secure the good operation of the grid. Eltek offers highly efficient, reliable, scalable, compact and modular power supply systems based on switch-mode technology and advanced monitoring. Eltek’s expanding sales in this industry include recent deliveries to utilities in various regions and countries of the world including Brazil, UK, USA, Australia and many others.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ELT:NO 11.55 NOK +0.05

ELT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alcatel-Lucent €3.09 EUR -0.046
DragonWave Inc C$1.02 CAD -0.05
Harris Corp $67.13 USD -0.82
SIA Engineering Co Ltd $4.36 SGD -0.07
ZTE Corp CNY19.18 CNY -0.14
View Industry Companies

Industry Analysis


Industry Average

Valuation ELT Industry Range
Price/Earnings 27.7x
Price/Sales 0.9x
Price/Book 3.5x
Price/Cash Flow 287.5x
TEV/Sales 0.5x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ELTEK ASA, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at