CAMTEK LTD (CAMT) Stock Fundamental Analysis
USA - NASDAQ:CAMT - IL0010952641 - Common Stock
96.19 USD
-3.38 (-3.39%)
97.11 USD
+0.92 (+0.96%)
We assign a fundamental rating of 6 out of 10 to CAMT. CAMT was compared to 112 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 shows excellent growth, but is valued quite expensive already. This makes CAMT very considerable for growth investing!
1. Profitability
1.1 Basic Checks
CAMT had positive earnings in the past year.
In the past 5 years CAMT has always been profitable.
CAMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CAMT has a better Return On Assets (13.72%) than 86.61% of its industry peers.
Looking at the Return On Equity, with a value of 21.36%, CAMT belongs to the top of the industry, outperforming 88.39% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 13.47%, CAMT belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CAMT is in line with the industry average of 10.93%.
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 has a Profit Margin of 28.38%. This is amongst the best in 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.
Looking at the Gross Margin, with a value of 50.46%, CAMT is in the better half of the industry, outperforming 63.39% of the companies in the same industry.
CAMT's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAMT is still creating some 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.
The debt/assets ratio for CAMT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 10.04 indicates that CAMT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.04, CAMT is in the better half of the industry, outperforming 74.11% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that CAMT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, CAMT is doing worse than 61.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 10.04 |
ROIC/WACC1.18
WACC11.45%
2.3 Liquidity
A Current Ratio of 5.41 indicates that CAMT has no problem at all paying its short term obligations.
CAMT's Current ratio of 5.41 is fine compared to the rest of the industry. CAMT outperforms 77.68% of its industry peers.
CAMT has a Quick Ratio of 4.38. This indicates that CAMT is financially healthy and has no problem in meeting its short term obligations.
CAMT has a better Quick ratio (4.38) than 76.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.46% over the past year.
The Earnings Per Share has been growing by 34.86% on average over the past years. This is a very strong growth
Looking at the last year, CAMT shows a very strong growth in Revenue. The Revenue has grown by 36.03%.
CAMT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.20% yearly.
EPS 1Y (TTM)21.46%
EPS 3Y20.9%
EPS 5Y34.86%
EPS Q2Q%9.33%
Revenue 1Y (TTM)36.03%
Revenue growth 3Y16.74%
Revenue growth 5Y26.2%
Sales Q2Q%12.15%
3.2 Future
The Earnings Per Share is expected to grow by 16.41% on average over the next years. This is quite good.
The Revenue is expected to grow by 15.97% on average over the next years. This is quite good.
EPS Next Y15.52%
EPS Next 2Y12.17%
EPS Next 3Y13.66%
EPS Next 5Y16.41%
Revenue Next Year15.69%
Revenue Next 2Y11.89%
Revenue Next 3Y11.98%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 30.34, CAMT can be considered very expensive at the moment.
72.32% of the companies in the same industry are more expensive than CAMT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CAMT to the average of the S&P500 Index (25.89), we can say CAMT is valued inline with the index average.
The Price/Forward Earnings ratio is 27.21, which means the current valuation is very expensive for CAMT.
CAMT's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of CAMT to the average of the S&P500 Index (34.59), we can say CAMT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.34 | ||
| Fwd PE | 27.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAMT is valued a bit cheaper than 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 34.51 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of CAMT may justify a higher PE ratio.
A more expensive valuation may be justified as CAMT's earnings are expected to grow with 13.66% in the coming years.
PEG (NY)1.96
PEG (5Y)0.87
EPS Next 2Y12.17%
EPS Next 3Y13.66%
5. Dividend
5.1 Amount
No dividends for CAMT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
96.19
-3.38 (-3.39%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners52.66%
Inst Owner Change-4.12%
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap4.40B
Revenue(TTM)429.00M
Net Income(TTM)133.74M
Analysts85
Price Target119.85 (24.6%)
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)29.83%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)-0.62%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)0.96%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.34 | ||
| Fwd PE | 27.21 | ||
| P/S | 9.33 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.01 | ||
| P/tB | 8.13 | ||
| EV/EBITDA | 34.51 |
EPS(TTM)3.17
EY3.3%
EPS(NY)3.54
Fwd EY3.68%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS10.31
BVpS13.72
TBVpS11.84
PEG (NY)1.96
PEG (5Y)0.87
Graham Number31.28
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 | 10.04 |
F-ScoreN/A
WACC11.45%
ROIC/WACC1.18
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)21.46%
EPS 3Y20.9%
EPS 5Y34.86%
EPS Q2Q%9.33%
EPS Next Y15.52%
EPS Next 2Y12.17%
EPS Next 3Y13.66%
EPS Next 5Y16.41%
Revenue 1Y (TTM)36.03%
Revenue growth 3Y16.74%
Revenue growth 5Y26.2%
Sales Q2Q%12.15%
Revenue Next Year15.69%
Revenue Next 2Y11.89%
Revenue Next 3Y11.98%
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 3 / 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 15.52% in the next year.