CAMTEK LTD (CAMT)
IL0010952641 - Common Stock
Taking everything into account, CAMT scores 7 out of 10 in our fundamental rating. CAMT was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. While CAMT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CAMT is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, CAMT could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
CAMT had positive earnings in the past year.
CAMT had positive earnings in each of the past 5 years.
CAMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 12.63%, CAMT belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
With an excellent Return On Equity value of 20.69%, CAMT belongs to the best of the industry, outperforming 86.11% of the companies in the same industry.
The Return On Invested Capital of CAMT (11.87%) is better than 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CAMT is in line with the industry average of 11.24%.
The 3 year average ROIC (11.38%) for CAMT is below the current ROIC(11.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.63% | ||
| ROE | 20.69% | ||
| ROIC | 11.87% |
ROA(3y)10.71%
ROA(5y)10.52%
ROE(3y)19.29%
ROE(5y)16.71%
ROIC(3y)11.38%
ROIC(5y)11.46%
1.3 Margins
Looking at the Profit Margin, with a value of 26.53%, CAMT belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
CAMT's Profit Margin has improved in the last couple of years.
CAMT has a better Operating Margin (23.91%) than 84.26% of its industry peers.
CAMT's Operating Margin has improved in the last couple of years.
CAMT has a Gross Margin of 47.80%. This is comparable to the rest of the industry: CAMT outperforms 58.33% of its industry peers.
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 | 23.91% | ||
| PM (TTM) | 26.53% | ||
| GM | 47.8% |
OM growth 3Y13.43%
OM growth 5Y5.43%
PM growth 3Y21.29%
PM growth 5Y10.39%
GM growth 3Y-0.12%
GM growth 5Y-1.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CAMT is destroying value.
The number of shares outstanding for CAMT has been increased compared to 1 year ago.
The number of shares outstanding for CAMT has been increased compared to 5 years ago.
CAMT has a better debt/assets ratio than last year.
2.2 Solvency
CAMT has an Altman-Z score of 8.98. This indicates that CAMT is financially healthy and has little risk of bankruptcy at the moment.
CAMT has a Altman-Z score of 8.98. This is in the better half of the industry: CAMT outperforms 74.07% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that CAMT is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.38, CAMT is not doing good in the industry: 65.74% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 8.98 |
ROIC/WACC0.83
WACC14.34%
2.3 Liquidity
CAMT has a Current Ratio of 5.28. This indicates that CAMT is financially healthy and has no problem in meeting its short term obligations.
CAMT has a better Current ratio (5.28) than 80.56% of its industry peers.
A Quick Ratio of 4.36 indicates that CAMT has no problem at all paying its short term obligations.
CAMT has a better Quick ratio (4.36) than 79.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.28 | ||
| Quick Ratio | 4.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 38.83% over the past year.
The Earnings Per Share has been growing by 27.44% on average over the past years. This is a very strong growth
CAMT shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.71%.
The Revenue has been growing by 20.69% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)38.83%
EPS 3Y44.97%
EPS 5Y27.44%
EPS Q2Q%47.06%
Revenue 1Y (TTM)29.71%
Revenue growth 3Y26.48%
Revenue growth 5Y20.69%
Sales Q2Q%39.6%
3.2 Future
Based on estimates for the next years, CAMT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.18% on average per year.
CAMT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.11% yearly.
EPS Next Y46.07%
EPS Next 2Y28.95%
EPS Next 3Y22.76%
EPS Next 5Y22.18%
Revenue Next Year35.51%
Revenue Next 2Y25.1%
Revenue Next 3Y19.56%
Revenue Next 5Y19.11%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.94 indicates a quite expensive valuation of CAMT.
Based on the Price/Earnings ratio, CAMT is valued a bit cheaper than 65.74% of the companies in the same industry.
CAMT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.73.
The Price/Forward Earnings ratio is 25.71, which means the current valuation is very expensive for CAMT.
65.74% of the companies in the same industry are more expensive than CAMT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, CAMT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.94 | ||
| Fwd PE | 25.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CAMT indicates a somewhat cheap valuation: CAMT is cheaper than 60.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 32.29 |
4.3 Compensation for Growth
CAMT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CAMT has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CAMT's earnings are expected to grow with 22.76% in the coming years.
PEG (NY)0.69
PEG (5Y)1.16
EPS Next 2Y28.95%
EPS Next 3Y22.76%
5. Dividend
5.1 Amount
CAMT has a Yearly Dividend Yield of 1.60%.
CAMT's Dividend Yield is rather good when compared to the industry average which is at 2.31. CAMT pays more dividend than 86.11% of the companies in the same industry.
CAMT's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
5.2 History
CAMT has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y28.95%
EPS Next 3Y22.76%
CAMTEK LTD
NASDAQ:CAMT (12/20/2024, 8:00:01 PM)
After market: 83.355 0 (0%)83.355
-1.28 (-1.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners46.58%
Inst Owner Change-1.11%
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap3.78B
Analysts85.71
Price Target111.18 (33.38%)
Short Float %12.47%
Short Ratio7.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.39%
Min EPS beat(2)0.71%
Max EPS beat(2)6.06%
EPS beat(4)4
Avg EPS beat(4)5.42%
Min EPS beat(4)0.71%
Max EPS beat(4)8.76%
EPS beat(8)7
Avg EPS beat(8)3.56%
EPS beat(12)9
Avg EPS beat(12)2.39%
EPS beat(16)13
Avg EPS beat(16)4.4%
Revenue beat(2)1
Avg Revenue beat(2)0.33%
Min Revenue beat(2)-0.69%
Max Revenue beat(2)1.34%
Revenue beat(4)2
Avg Revenue beat(4)0.25%
Min Revenue beat(4)-1.23%
Max Revenue beat(4)1.57%
Revenue beat(8)2
Avg Revenue beat(8)-0.38%
Revenue beat(12)3
Avg Revenue beat(12)-0.65%
Revenue beat(16)6
Avg Revenue beat(16)0.45%
PT rev (1m)0%
PT rev (3m)-9.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.53%
EPS NY rev (1m)3.09%
EPS NY rev (3m)3.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.56%
Revenue NY rev (1m)1.26%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.94 | ||
| Fwd PE | 25.71 | ||
| P/S | 9.44 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.36 | ||
| P/tB | 8.89 | ||
| EV/EBITDA | 32.29 |
EPS(TTM)2.61
EY3.13%
EPS(NY)3.24
Fwd EY3.89%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS8.83
BVpS11.33
TBVpS9.37
PEG (NY)0.69
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.63% | ||
| ROE | 20.69% | ||
| ROCE | 13.16% | ||
| ROIC | 11.87% | ||
| ROICexc | 26.31% | ||
| ROICexgc | 36.04% | ||
| OM | 23.91% | ||
| PM (TTM) | 26.53% | ||
| GM | 47.8% | ||
| FCFM | N/A |
ROA(3y)10.71%
ROA(5y)10.52%
ROE(3y)19.29%
ROE(5y)16.71%
ROIC(3y)11.38%
ROIC(5y)11.46%
ROICexc(3y)41.1%
ROICexc(5y)40.46%
ROICexgc(3y)43.5%
ROICexgc(5y)42.07%
ROCE(3y)12.62%
ROCE(5y)12.7%
ROICexcg growth 3Y-14.44%
ROICexcg growth 5Y-8.43%
ROICexc growth 3Y-22.7%
ROICexc growth 5Y-13.87%
OM growth 3Y13.43%
OM growth 5Y5.43%
PM growth 3Y21.29%
PM growth 5Y10.39%
GM growth 3Y-0.12%
GM growth 5Y-1.05%
F-ScoreN/A
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.28 | ||
| Quick Ratio | 4.36 | ||
| Altman-Z | 8.98 |
F-ScoreN/A
WACC14.34%
ROIC/WACC0.83
Cap/Depr(3y)164.71%
Cap/Depr(5y)135.1%
Cap/Sales(3y)2.25%
Cap/Sales(5y)1.89%
Profit Quality(3y)82.16%
Profit Quality(5y)91.7%
High Growth Momentum
Growth
EPS 1Y (TTM)38.83%
EPS 3Y44.97%
EPS 5Y27.44%
EPS Q2Q%47.06%
EPS Next Y46.07%
EPS Next 2Y28.95%
EPS Next 3Y22.76%
EPS Next 5Y22.18%
Revenue 1Y (TTM)29.71%
Revenue growth 3Y26.48%
Revenue growth 5Y20.69%
Sales Q2Q%39.6%
Revenue Next Year35.51%
Revenue Next 2Y25.1%
Revenue Next 3Y19.56%
Revenue Next 5Y19.11%
EBIT growth 1Y39.52%
EBIT growth 3Y43.47%
EBIT growth 5Y27.24%
EBIT Next Year66.16%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y43.53%
FCF growth 3Y45.38%
FCF growth 5Y37.5%
OCF growth 1Y37.24%
OCF growth 3Y45.5%
OCF growth 5Y36.42%