CAMTEK LTD (CAMT) Stock Fundamental Analysis
USA - NASDAQ:CAMT - IL0010952641 - Common Stock
119.12 USD
-1.13 (-0.94%)
119.12 USD
0 (0%)
CAMT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While CAMT has a great profitability rating, there are some minor concerns on its financial health. CAMT is valued quite expensively, but it does show have an excellent growth rating. This makes CAMT very considerable for growth investing!
1. Profitability
1.1 Basic Checks
CAMT had positive earnings in the past year.
Each year in the past 5 years CAMT has been profitable.
In the past 5 years CAMT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CAMT (13.72%) is better than 86.61% of its industry peers.
CAMT's Return On Equity of 21.36% is amongst the best of the industry. CAMT outperforms 87.50% of its industry peers.
CAMT's Return On Invested Capital of 13.47% is amongst the best of the industry. CAMT outperforms 86.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAMT is in line with the industry average of 11.07%.
The last Return On Invested Capital (13.47%) for CAMT is above the 3 year average (11.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.72% | ||
| ROE | 21.36% | ||
| ROIC | 13.47% |
ROA(3y)11.71%
ROA(5y)10.6%
ROE(3y)19.67%
ROE(5y)17.82%
ROIC(3y)11.43%
ROIC(5y)11.2%
1.3 Margins
CAMT's Profit Margin of 28.38% is amongst the best of the industry. CAMT outperforms 88.39% of its industry peers.
CAMT's Profit Margin has improved in the last couple of years.
CAMT has a better Operating Margin (26.86%) than 86.61% of its industry peers.
In the last couple of years the Operating Margin of CAMT has grown nicely.
With a decent Gross Margin value of 50.46%, CAMT is doing good in the industry, outperforming 63.39% of the companies in the same industry.
In the last couple of years the Gross Margin of CAMT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.86% | ||
| PM (TTM) | 28.38% | ||
| GM | 50.46% |
OM growth 3Y-0.13%
OM growth 5Y9.82%
PM growth 3Y7.46%
PM growth 5Y11.08%
GM growth 3Y-0.69%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CAMT is creating some value.
Compared to 1 year ago, CAMT has more shares outstanding
CAMT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CAMT has been reduced compared to a year ago.
2.2 Solvency
CAMT has an Altman-Z score of 11.67. This indicates that CAMT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 11.67, CAMT is in the better half of the industry, outperforming 76.79% of the companies in the same industry.
CAMT has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
CAMT's Debt to Equity ratio of 0.32 is on the low side compared to the rest of the industry. CAMT is outperformed by 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 11.67 |
ROIC/WACC1.19
WACC11.34%
2.3 Liquidity
CAMT has a Current Ratio of 5.41. This indicates that CAMT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.41, CAMT is in the better half of the industry, outperforming 76.79% of the companies in the same industry.
A Quick Ratio of 4.38 indicates that CAMT has no problem at all paying its short term obligations.
CAMT's Quick ratio of 4.38 is fine compared to the rest of the industry. CAMT outperforms 75.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.38 |
3. Growth
3.1 Past
CAMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.80%, which is quite impressive.
CAMT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 34.86% yearly.
The Revenue has grown by 27.82% in the past year. This is a very strong growth!
CAMT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.20% yearly.
EPS 1Y (TTM)30.8%
EPS 3Y20.9%
EPS 5Y34.86%
EPS Q2Q%19.7%
Revenue 1Y (TTM)27.82%
Revenue growth 3Y16.74%
Revenue growth 5Y26.2%
Sales Q2Q%20.2%
3.2 Future
Based on estimates for the next years, CAMT will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.41% on average per year.
Based on estimates for the next years, CAMT will show a quite strong growth in Revenue. The Revenue will grow by 15.97% on average per year.
EPS Next Y15.51%
EPS Next 2Y12.17%
EPS Next 3Y13.71%
EPS Next 5Y16.41%
Revenue Next Year15.52%
Revenue Next 2Y11.96%
Revenue Next 3Y11.79%
Revenue Next 5Y15.97%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 38.43, CAMT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, CAMT is valued a bit cheaper than 66.96% of the companies in the same industry.
CAMT is valuated rather expensively when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 33.69 indicates a quite expensive valuation of CAMT.
The rest of the industry has a similar Price/Forward Earnings ratio as CAMT.
CAMT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.43 | ||
| Fwd PE | 33.69 |
4.2 Price Multiples
CAMT's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 41.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CAMT does not grow enough to justify the current Price/Earnings ratio.
CAMT has an outstanding profitability rating, which may justify a higher PE ratio.
CAMT's earnings are expected to grow with 13.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.48
PEG (5Y)1.1
EPS Next 2Y12.17%
EPS Next 3Y13.71%
5. Dividend
5.1 Amount
No dividends for CAMT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
119.12
-1.13 (-0.94%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners52.66%
Inst Owner Change-2.08%
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap5.44B
Revenue(TTM)471.34M
Net Income(TTM)133.74M
Analysts85
Price Target119.85 (0.61%)
Short Float %16.12%
Short Ratio9.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend1.33
Dividend Growth(5Y)56.87%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.87%
Min EPS beat(2)-2.25%
Max EPS beat(2)0.51%
EPS beat(4)3
Avg EPS beat(4)1.36%
Min EPS beat(4)-2.25%
Max EPS beat(4)6.06%
EPS beat(8)7
Avg EPS beat(8)2.75%
EPS beat(12)10
Avg EPS beat(12)2.39%
EPS beat(16)12
Avg EPS beat(16)2.23%
Revenue beat(2)0
Avg Revenue beat(2)-1.43%
Min Revenue beat(2)-2.27%
Max Revenue beat(2)-0.59%
Revenue beat(4)1
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-2.27%
Max Revenue beat(4)1.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.3%
Revenue beat(12)2
Avg Revenue beat(12)-0.68%
Revenue beat(16)3
Avg Revenue beat(16)-0.74%
PT rev (1m)18.57%
PT rev (3m)32.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.74%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.43 | ||
| Fwd PE | 33.69 | ||
| P/S | 11.55 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.68 | ||
| P/tB | 10.06 | ||
| EV/EBITDA | 41.38 |
EPS(TTM)3.1
EY2.6%
EPS(NY)3.54
Fwd EY2.97%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS10.31
BVpS13.72
TBVpS11.84
PEG (NY)2.48
PEG (5Y)1.1
Graham Number30.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.72% | ||
| ROE | 21.36% | ||
| ROCE | 14.98% | ||
| ROIC | 13.47% | ||
| ROICexc | 13.47% | ||
| ROICexgc | 14.99% | ||
| OM | 26.86% | ||
| PM (TTM) | 28.38% | ||
| GM | 50.46% | ||
| FCFM | N/A |
ROA(3y)11.71%
ROA(5y)10.6%
ROE(3y)19.67%
ROE(5y)17.82%
ROIC(3y)11.43%
ROIC(5y)11.2%
ROICexc(3y)23.25%
ROICexc(5y)34.93%
ROICexgc(3y)26.06%
ROICexgc(5y)36.79%
ROCE(3y)12.71%
ROCE(5y)12.46%
ROICexgc growth 3Y-39.43%
ROICexgc growth 5Y-18.22%
ROICexc growth 3Y-41.68%
ROICexc growth 5Y-20%
OM growth 3Y-0.13%
OM growth 5Y9.82%
PM growth 3Y7.46%
PM growth 5Y11.08%
GM growth 3Y-0.69%
GM growth 5Y0.63%
F-ScoreN/A
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.44 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.38 | ||
| Altman-Z | 11.67 |
F-ScoreN/A
WACC11.34%
ROIC/WACC1.19
Cap/Depr(3y)145.49%
Cap/Depr(5y)140.52%
Cap/Sales(3y)2.51%
Cap/Sales(5y)2.15%
Profit Quality(3y)82.13%
Profit Quality(5y)89.36%
High Growth Momentum
Growth
EPS 1Y (TTM)30.8%
EPS 3Y20.9%
EPS 5Y34.86%
EPS Q2Q%19.7%
EPS Next Y15.51%
EPS Next 2Y12.17%
EPS Next 3Y13.71%
EPS Next 5Y16.41%
Revenue 1Y (TTM)27.82%
Revenue growth 3Y16.74%
Revenue growth 5Y26.2%
Sales Q2Q%20.2%
Revenue Next Year15.52%
Revenue Next 2Y11.96%
Revenue Next 3Y11.79%
Revenue Next 5Y15.97%
EBIT growth 1Y48.56%
EBIT growth 3Y16.58%
EBIT growth 5Y38.59%
EBIT Next Year22.48%
EBIT Next 3Y18.1%
EBIT Next 5Y19.53%
FCF growth 1Y57.63%
FCF growth 3Y25.41%
FCF growth 5Y36.93%
OCF growth 1Y53.8%
OCF growth 3Y26.02%
OCF growth 5Y37.72%
CAMTEK LTD / CAMT FAQ
What is the fundamental rating for CAMT stock?
ChartMill assigns a fundamental rating of 6 / 10 to CAMT.
Can you provide the valuation status for CAMTEK LTD?
ChartMill assigns a valuation rating of 2 / 10 to CAMTEK LTD (CAMT). This can be considered as Overvalued.
How profitable is CAMTEK LTD (CAMT) stock?
CAMTEK LTD (CAMT) has a profitability rating of 8 / 10.
What is the expected EPS growth for CAMTEK LTD (CAMT) stock?
The Earnings per Share (EPS) of CAMTEK LTD (CAMT) is expected to grow by 15.51% in the next year.