Recent Insider Transactions • Aug 13
Executive Chairman of the Board recently sold ₪3.4m worth of stock On the 12th of August, Lior Aviram sold around 7k shares on-market at roughly ₪502 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lior's only on-market trade for the last 12 months. Reported Earnings • Aug 11
Second quarter 2026 earnings released: EPS: US$0.50 (vs US$0.74 in 2Q 2025) Second quarter 2026 results: EPS: US$0.50 (down from US$0.74 in 2Q 2025). Revenue: US$133.2m (up 8.0% from 2Q 2025). Net income: US$23.3m (down 31% from 2Q 2025). Profit margin: 18% (down from 27% in 2Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Aankondiging • Jul 20
Camtek Ltd. to Report Q2, 2026 Results on Aug 10, 2026 Camtek Ltd. announced that they will report Q2, 2026 results on Aug 10, 2026 Aankondiging • Jun 25
Camtek Ltd., Annual General Meeting, Jul 29, 2026 Camtek Ltd., Annual General Meeting, Jul 29, 2026. Location: ramat gavriel industrial zone, migdal haemek, Israel Reported Earnings • May 13
First quarter 2026 earnings released: EPS: US$0.68 (vs US$0.75 in 1Q 2025) First quarter 2026 results: EPS: US$0.68 (down from US$0.75 in 1Q 2025). Revenue: US$121.7m (up 2.5% from 1Q 2025). Net income: US$31.6m (down 7.8% from 1Q 2025). Profit margin: 26% (down from 29% in 1Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 68% per year, which means it is well ahead of earnings. Aankondiging • May 13
Camtek Ltd. Provides Revenue Guidance for the Second Quarter and Second Half 2026 Camtek Ltd. provided revenue guidance for the second quarter and second half 2026. Based on Camtek's backlog and pipeline, guidance for the second quarter is for revenues between $129 million and $131 million.
Expects a significant increase in second half 2026 with revenues expected to grow by over 25% versus first half 2026 revenues. Aankondiging • Apr 23
Camtek Ltd. to Report Q1, 2026 Results on May 12, 2026 Camtek Ltd. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026 Aankondiging • Apr 14
Camtek Ltd. (NasdaqGM:CAMT) signed a definitive agreement to acquire Visual Layer. Camtek Ltd. (NasdaqGM:CAMT) signed a definitive agreement to acquire Visual Layer on April 14, 2026.
The transaction is subject to customary closing conditions and is expected to close in the next few weeks. This acquisition will be highly accretive to Camtek’s long-term capabilities. Reported Earnings • Feb 21
Full year 2025 earnings released: EPS: US$1.11 (vs US$2.62 in FY 2024) Full year 2025 results: EPS: US$1.11 (down from US$2.62 in FY 2024). Revenue: US$496.1m (up 16% from FY 2024). Net income: US$50.7m (down 57% from FY 2024). Profit margin: 10% (down from 28% in FY 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 18
Camtek Ltd. Provides Revenue Guidance for the First Quarter of 2026 Camtek Ltd. provided revenue guidance for the first quarter of 2026. Management expects first quarter 2026 revenues of around $120 million, with growth expected in the second quarter and more significant growth in the second half of 2026. Based on the backlog, pipeline of orders and discussion with customers, Camtek expects 2026 to be a double-digit growth year. Aankondiging • Feb 02
Camtek Ltd. to Report Q4, 2025 Results on Feb 18, 2026 Camtek Ltd. announced that they will report Q4, 2025 results Pre-Market on Feb 18, 2026 New Risk • Nov 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.9% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (9.9% net profit margin). Reported Earnings • Nov 11
Third quarter 2025 earnings released: US$1.16 loss per share (vs US$0.71 profit in 3Q 2024) Third quarter 2025 results: US$1.16 loss per share (down from US$0.71 profit in 3Q 2024). Revenue: US$126.0m (up 12% from 3Q 2024). Net loss: US$53.2m (down 262% from profit in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 11
Camtek Ltd. Provides Revenue Guidance for the Fourth Quarter and Full Year 2025 Camtek Ltd. provided revenue guidance for the fourth quarter and full year 2025. Based on current orders, sales pipeline, and ongoing customer engagements, Management expects Fourth Quarter 2025 revenue to be around $127 million, representing annual 2025 revenues of $495 million, a record year for Camtek with expected strong growth of 15% over 2024. At this stage, the company expects that the revenues will be more second half weighted, following a somewhat slower start to the year. Aankondiging • Oct 30
Camtek Ltd. to Report Q3, 2025 Results on Nov 10, 2025 Camtek Ltd. announced that they will report Q3, 2025 results on Nov 10, 2025 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₪333, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Semiconductor industry in Asia. Total returns to shareholders of 302% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪153 per share. Reported Earnings • Sep 14
Second quarter 2025 earnings released: EPS: US$0.74 (vs US$0.62 in 2Q 2024) Second quarter 2025 results: EPS: US$0.74 (up from US$0.62 in 2Q 2024). Revenue: US$123.3m (up 20% from 2Q 2024). Net income: US$33.7m (up 21% from 2Q 2024). Profit margin: 27% (in line with 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: US$0.74 (vs US$0.62 in 2Q 2024) Second quarter 2025 results: EPS: US$0.74 (up from US$0.62 in 2Q 2024). Revenue: US$123.3m (up 20% from 2Q 2024). Net income: US$33.7m (up 21% from 2Q 2024). Profit margin: 27% (in line with 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 22
Camtek Ltd. to Report Q2, 2025 Results on Aug 05, 2025 Camtek Ltd. announced that they will report Q2, 2025 results on Aug 05, 2025 Reported Earnings • May 14
First quarter 2025 earnings released: EPS: US$0.75 (vs US$0.55 in 1Q 2024) First quarter 2025 results: EPS: US$0.75 (up from US$0.55 in 1Q 2024). Revenue: US$118.6m (up 22% from 1Q 2024). Net income: US$34.3m (up 38% from 1Q 2024). Profit margin: 29% (up from 26% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 14
Camtek Ltd. Provides Revenue Guidance for the Second Quarter of 2025 Camtek Ltd. provided revenue guidance for the second quarter of 2025. For the quarter, the company expects continued growth in with revenue guidance of $120 million - $123 million, representing approximately a growth of 17-20%, year-over-year. Aankondiging • May 05
Camtek Ltd. to Report Q1, 2025 Results on May 13, 2025 Camtek Ltd. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪213, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Semiconductor industry in Asia. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪133 per share. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: US$2.62 (vs US$1.76 in FY 2023) Full year 2024 results: EPS: US$2.62 (up from US$1.76 in FY 2023). Revenue: US$429.2m (up 36% from FY 2023). Net income: US$118.5m (up 51% from FY 2023). Profit margin: 28% (up from 25% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Mar 20
Camtek Ltd., Annual General Meeting, Apr 29, 2025 Camtek Ltd., Annual General Meeting, Apr 29, 2025. Location: at ramat gavriel industrial zone, migdal haemek, Israel Reported Earnings • Feb 15
Full year 2024 earnings released: EPS: US$2.62 (vs US$1.76 in FY 2023) Full year 2024 results: EPS: US$2.62 (up from US$1.76 in FY 2023). Revenue: US$429.2m (up 36% from FY 2023). Net income: US$118.5m (up 51% from FY 2023). Profit margin: 28% (up from 25% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 13
Camtek Ltd. Provides Revenue Guidance for the First Quarter of 2025 Camtek Ltd. Provided Revenue Guidance for the First Quarter of 2025. For the quarter, the company expects revenue in the range of $118 million- $120 million, representing approximately a 23% increase over first quarter of 2024 revenues. Aankondiging • Feb 03
Camtek Ltd. to Report Q4, 2024 Results on Feb 12, 2025 Camtek Ltd. announced that they will report Q4, 2024 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪371, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 21x in the Semiconductor industry in Asia. Total returns to shareholders of 236% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪228 per share. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪308, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Semiconductor industry in Asia. Total returns to shareholders of 128% over the past three years. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: US$0.71 (vs US$0.49 in 3Q 2023) Third quarter 2024 results: EPS: US$0.71 (up from US$0.49 in 3Q 2023). Revenue: US$112.3m (up 40% from 3Q 2023). Net income: US$32.7m (up 48% from 3Q 2023). Profit margin: 29% (up from 27% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 30
Camtek Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Camtek Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Buy Or Sell Opportunity • Oct 30
Now 23% overvalued Over the last 90 days, the stock has fallen 19% to ₪309. The fair value is estimated to be ₪252, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Buy Or Sell Opportunity • Oct 13
Now 23% overvalued Over the last 90 days, the stock has fallen 33% to ₪319. The fair value is estimated to be ₪260, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Buy Or Sell Opportunity • Sep 27
Now 25% overvalued Over the last 90 days, the stock has fallen 32% to ₪317. The fair value is estimated to be ₪253, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Aankondiging • Sep 25
Camtek Ltd Introduces 5th Generation of the Eagle System Camtek Ltd. announced the launch of the latest leading inspection system, the Eagle Generation-5 (Eagle G5), marking asignificant advancement in Camtek's inspection and metrology technological capabilities. The new system offers unparalleled wafer throughput coupled with improved optical resolution, meeting both current market demand and customers' future roadmap. Camtek's Eagle system is the advanced packaging standard solution for current and future 2D inspection and 3D metrology, targeted to applications such as HPC (high performance computing). CIS (CMOS image sensors), SiC (Silicon Carbide), and others. Camtek has already received orders for this system for 2025 deliveries. Reported Earnings • Sep 16
Second quarter 2024 earnings released: EPS: US$0.62 (vs US$0.42 in 2Q 2023) Second quarter 2024 results: EPS: US$0.62 (up from US$0.42 in 2Q 2023). Revenue: US$102.6m (up 39% from 2Q 2023). Net income: US$28.0m (up 51% from 2Q 2023). Profit margin: 27% (up from 25% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 16
Camtek Ltd., Annual General Meeting, Sep 25, 2024 Camtek Ltd., Annual General Meeting, Sep 25, 2024. Location: at ramat gavriel industrial zone, migdal haemek, Israel Reported Earnings • Aug 03
Second quarter 2024 earnings released: EPS: US$0.62 (vs US$0.42 in 2Q 2023) Second quarter 2024 results: EPS: US$0.62 (up from US$0.42 in 2Q 2023). Revenue: US$102.6m (up 39% from 2Q 2023). Net income: US$28.0m (up 51% from 2Q 2023). Profit margin: 27% (up from 25% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 22
Camtek Ltd. to Report Q2, 2024 Results on Aug 01, 2024 Camtek Ltd. announced that they will report Q2, 2024 results on Aug 01, 2024 Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪402, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 24x in the Semiconductor industry in Asia. Total returns to shareholders of 255% over the past three years. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.55 (vs US$0.39 in 1Q 2023) First quarter 2024 results: EPS: US$0.55 (up from US$0.39 in 1Q 2023). Revenue: US$97.0m (up 34% from 1Q 2023). Net income: US$24.8m (up 44% from 1Q 2023). Profit margin: 26% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 26
Camtek Ltd. to Report Q1, 2024 Results on May 09, 2024 Camtek Ltd. announced that they will report Q1, 2024 results on May 09, 2024 New Risk • Mar 24
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 6.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: US$1.76 (vs US$1.81 in FY 2022) Full year 2023 results: EPS: US$1.76 (down from US$1.81 in FY 2022). Revenue: US$315.4m (down 1.7% from FY 2022). Net income: US$78.6m (down 1.6% from FY 2022). Profit margin: 25% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: US$1.76 (vs US$1.81 in FY 2022) Full year 2023 results: EPS: US$1.76 (down from US$1.81 in FY 2022). Revenue: US$315.4m (down 1.7% from FY 2022). Net income: US$78.6m (down 1.6% from FY 2022). Profit margin: 25% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 20
Camtek Ltd. Provides Revenue Guidance for the First Quarter of 2024 Camtek Ltd. provided revenue guidance for the first quarter of 2024. For the quarter, the company expects revenues between $93 million to 95 million, representing a mid-point 30% increase over the first quarter of 2023, with further growth leading to a year of record revenue for Camtek. Aankondiging • Feb 08
Camtek Ltd. to Report Q4, 2023 Results on Feb 20, 2024 Camtek Ltd. announced that they will report Q4, 2023 results on Feb 20, 2024 Aankondiging • Nov 15
Camtek Ltd., Annual General Meeting, Dec 21, 2023 Camtek Ltd., Annual General Meeting, Dec 21, 2023, at 16:00 Israel Standard Time. Location: at the Company’s offices at Ramat Gavriel Industrial Zone Migdal Ha’Emek Israel Agenda: To consider and re-elect each of Messrs. Rafi Amit, Yotam Stern, Moty Ben-Arie, I-Shih Tseng, Leo Huang and Ms. Orit Stav to serve as members of the Board of Directors of the Company; to consider and re-approve the grant of Indemnification and Exemption Letters to Rafi Amit, the Company’s CEO, Yotam Stern, a director and Leo Huang, a director; approve an amendment to the Company’s Compensation Policy with respect to the adoption by the Company of a Clawback Policy; and to consider and approve the re-appointment of Somekh Chaikin, a member firm of KPMG International, as the Company’s independent auditor for the fiscal year ending December 31, 2023, for the year commencing January 1, 2024. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: US$0.49 (vs US$0.47 in 3Q 2022) Third quarter 2023 results: EPS: US$0.49 (up from US$0.47 in 3Q 2022). Revenue: US$80.5m (down 1.9% from 3Q 2022). Net income: US$22.1m (up 6.5% from 3Q 2022). Profit margin: 27% (up from 25% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪254, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Semiconductor industry in Asia. Total returns to shareholders of 280% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪161 per share. Aankondiging • Nov 02
Camtek Ltd. (NasdaqGM:CAMT) completed the acquisition of FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM). Camtek Ltd. (NasdaqGM:CAMT) signed an agreement to acquire FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) for $100 million on September 18, 2023. The transaction has already received clearance of the transactions under the German foreign direct investment laws. The transaction is expected to close in Q4 2023, subject to the satisfaction of customary closing conditions. Camtek Ltd. (NasdaqGM:CAMT) completed the acquisition of FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) on November 1, 2023. Aankondiging • Oct 25
Camtek Ltd. to Report Q3, 2023 Results on Nov 14, 2023 Camtek Ltd. announced that they will report Q3, 2023 results on Nov 14, 2023 Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Independent Director Orit Stav was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Sep 30
Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.44 in 2Q 2022) Second quarter 2023 results: EPS: US$0.42 (down from US$0.44 in 2Q 2022). Revenue: US$73.8m (down 7.3% from 2Q 2022). Net income: US$18.5m (down 3.4% from 2Q 2022). Profit margin: 25% (up from 24% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Sep 20
Camtek Ltd. (NasdaqGM:CAMT) signed an agreement to acquire FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) for $100 million. Camtek Ltd. (NasdaqGM:CAMT) signed an agreement to acquire FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) for $100 million on September 18, 2023. The transaction has already received clearance of the transactions under the German foreign direct investment laws. The transaction is expected to close in Q4 2023, subject to the satisfaction of customary closing conditions. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪197, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Semiconductor industry in Asia. Total returns to shareholders of 270% over the past three years. Aankondiging • Aug 01
Camtek Ltd. Provides Revenue Guidance for the Third Quarter of 2023 Camtek Ltd. announced that the Management expects third quarter 2023 revenues to be $77 million - $79 million with continued growth in the fourth quarter and into 2024. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.44 in 2Q 2022) Second quarter 2023 results: EPS: US$0.42 (down from US$0.44 in 2Q 2022). Revenue: US$73.8m (down 7.3% from 2Q 2022). Net income: US$18.5m (down 3.4% from 2Q 2022). Profit margin: 25% (up from 24% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 25
Camtek Ltd. to Report Q2, 2023 Results on Jul 31, 2023 Camtek Ltd. announced that they will report Q2, 2023 results on Jul 31, 2023 Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₪152, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 24x in the Semiconductor industry in Asia. Total returns to shareholders of 220% over the past three years. New Risk • Jul 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪133, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Semiconductor industry in Asia. Total returns to shareholders of 210% over the past three years. Aankondiging • May 11
Camtek Ltd. Reports Revenue Guidance for the Second Quarter of 2023 Camtek Ltd. reported revenue guidance for the second quarter of 2023. For the second quarter, management expects similar level of revenues as achieved in the first quarter. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: US$1.81 (vs US$1.38 in FY 2021) Full year 2022 results: EPS: US$1.81 (up from US$1.38 in FY 2021). Revenue: US$320.9m (up 19% from FY 2021). Net income: US$79.9m (up 33% from FY 2021). Profit margin: 25% (up from 22% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 15% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 48% per year. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: US$1.81 (vs US$1.38 in FY 2021) Full year 2022 results: EPS: US$1.81 (up from US$1.38 in FY 2021). Revenue: US$320.9m (up 19% from FY 2021). Net income: US$79.9m (up 33% from FY 2021). Profit margin: 25% (up from 22% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 14% growth forecast for the Semiconductor industry in Asia. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 17
Camtek Ltd. Provides Revenue Guidance for the First Quarter of 2023 Camtek Ltd. provides revenue guidance for the first quarter of 2023. The company expects revenues in the first quarter of 2023 between $71 million - $74 million, representing a mid-point 6% decline from the first quarter of 2022. Aankondiging • Feb 07
Camtek Ltd. to Report Q4, 2022 Results on Feb 16, 2023 Camtek Ltd. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 16, 2023 Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: US$0.47 (vs US$0.42 in 3Q 2021) Third quarter 2022 results: EPS: US$0.47 (up from US$0.42 in 3Q 2021). Revenue: US$82.0m (up 16% from 3Q 2021). Net income: US$20.7m (up 12% from 3Q 2021). Profit margin: 25% (in line with 3Q 2021). Revenue is expected to decline by 4.5% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Asia are expected to grow by 16%. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Orit Stav was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Sep 27
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₪105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to grow by 8.7% in a year. Earnings is forecast to grow by 16% in the next year. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Orit Stav was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$0.44 (vs US$0.36 in 2Q 2021) Second quarter 2022 results: EPS: US$0.44 (up from US$0.36 in 2Q 2021). Revenue: US$79.6m (up 18% from 2Q 2021). Net income: US$19.2m (up 23% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 8.4%, compared to a 33% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 40% per year. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 17% share price gain to ₪104, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Semiconductor industry in Asia. Total returns to shareholders of 208% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪98.51 per share. Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Orit Stav was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: US$0.42 (vs US$0.31 in 1Q 2021) First quarter 2022 results: EPS: US$0.42 (up from US$0.31 in 1Q 2021). Revenue: US$77.2m (up 35% from 1Q 2021). Net income: US$18.4m (up 38% from 1Q 2021). Profit margin: 24% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 31% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 42% per year. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.38 (up from US$0.55 in FY 2020). Revenue: US$269.7m (up 73% from FY 2020). Net income: US$60.3m (up 177% from FY 2020). Profit margin: 22% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 35% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.38 (up from US$0.55 in FY 2020). Revenue: US$269.7m (up 73% from FY 2020). Net income: US$60.3m (up 177% from FY 2020). Profit margin: 22% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 34% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₪112, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Semiconductor industry in Asia. Total returns to shareholders of 341% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₪104 per share. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS US$0.42 (vs US$0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$70.7m (up 76% from 3Q 2020). Net income: US$18.5m (up 207% from 3Q 2020). Profit margin: 26% (up from 15% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 16
Second quarter 2021 earnings released: EPS US$0.36 (vs US$0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$67.5m (up 82% from 2Q 2020). Net income: US$15.7m (up 195% from 2Q 2020). Profit margin: 23% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₪132, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 22x in the Semiconductor industry in Asia. Total returns to shareholders of 271% over the past three years. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.36 (vs US$0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$67.5m (up 82% from 2Q 2020). Net income: US$15.7m (up 195% from 2Q 2020). Profit margin: 23% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 17% share price gain to US$107, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Semiconductor industry in Asia. Total returns to shareholders of 275% over the past three years. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS US$0.31 (vs US$0.072 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$57.4m (up 90% from 1Q 2020). Net income: US$13.4m (up 381% from 1Q 2020). Profit margin: 23% (up from 9.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 16% share price gain to US$105, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Semiconductor industry in Asia. Total returns to shareholders of 384% over the past three years. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS US$0.55 (vs US$0.55 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$155.9m (up 16% from FY 2019). Net income: US$21.8m (up 4.6% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 20% share price gain to US$104, the stock trades at a trailing P/E ratio of 57.5x, up from the previous P/E ratio of 47.9x. Average P/E is 30x in the Semiconductor industry in Asia. Total returns to shareholders over the past three years are 359%. Is New 90 Day High Low • Mar 02
New 90-day high: ₪98.05 The company is up 61% from its price of ₪60.84 on 02 December 2020. The Israeli market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₪32.08 per share. Reported Earnings • Feb 11
Full year 2020 earnings released: EPS US$0.55 (vs US$0.55 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$155.9m (up 16% from FY 2019). Net income: US$21.8m (up 4.6% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 32%, compared to a 24% growth forecast for the Semiconductor industry in Israel. Is New 90 Day High Low • Feb 03
New 90-day high: ₪83.68 The company is up 31% from its price of ₪63.92 on 04 November 2020. The Israeli market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₪19.28 per share. Is New 90 Day High Low • Jan 13
New 90-day high: ₪75.20 The company is up 22% from its price of ₪61.82 on 15 October 2020. The Israeli market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₪18.25 per share. Is New 90 Day High Low • Dec 28
New 90-day high: ₪69.28 The company is up 29% from its price of ₪53.66 on 29 September 2020. The Israeli market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₪18.70 per share. Is New 90 Day High Low • Dec 09
New 90-day high: ₪68.42 The company is up 37% from its price of ₪50.06 on 10 September 2020. The Israeli market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₪16.20 per share. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS US$0.15 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$40.1m (up 23% from 3Q 2019). Net income: US$6.02m (up 45% from 3Q 2019). Profit margin: 15% (up from 13% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Nov 19
Revenue beats expectations Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 13%, compared to a 20% growth forecast for the Semiconductor industry in Israel. Is New 90 Day High Low • Nov 06
New 90-day high: ₪67.75 The company is up 24% from its price of ₪54.73 on 06 August 2020. The Israeli market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₪29.84 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of US$18.7m, down 15% from the prior year. Total revenue was US$140.4m over the last 12 months, up 4.8% from the prior year. 
