Company Profile:
Elec & Eltek International Company Limited (Singapore stock quote E16.SI), an investment holding company, manufactures and distributes high density interconnects and backplane printed circuit boards (PCBs) worldwide. The company is involved in the provision of quick-turn around services; sales and marketing services; trade of PCBs; and manufacture and distribution of PCB raw materials. It serves various customers in electronics sectors with primary focus on communication and networking, computer and computer peripherals, automotive, and consumer electronics.
Note that Elec & Eltek International Company is today one of the world’s leading designers, manufacturers, and distributors of double-sided, multi-layered, and high-density printed circuit boards.
Financials & Outlook:
Last traded = US$1.50
Market Capital = US$280.4M
Current P/E = 25.86
P/S = 0.54
Dividend Yield = 6.67%
ROE = 4.8%
Profit Margin = 3.14%
The technicals show strong support at about US$1.50.
Elec is one of rare company which is a leader in its field and with very high dividend yield. I believe it's stock price has hit rock bottom and I rate it a strong buy at current price.
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