Camtek Valuation

Is CAMT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CAMT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CAMT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CAMT's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CAMT?

Key metric: As CAMT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CAMT. This is calculated by dividing CAMT's market cap by their current earnings.
What is CAMT's PE Ratio?
PE Ratio	30.7x
Earnings	US$106.30m
Market Cap	US$3.26b

CAMT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	7.4x
Enterprise Value/EBITDA	28.4x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does CAMT's PE Ratio compare to its peers?

The above table shows the PE ratio for CAMT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	47.6x
QLTU Qualitau	14.8x	n/a	₪761.1m
CISY CI Systems (Israel)	37.8x	n/a	₪148.9m
300623 Jiangsu JieJie Microelectronics	67.3x	17.9%	CN¥27.5b
300604 Hangzhou Changchuan TechnologyLtd	70.6x	41.8%	CN¥28.3b
CAMT Camtek	30.7x	23.8%	₪3.3b

Price-To-Earnings vs Peers: CAMT is good value based on its Price-To-Earnings Ratio (30.7x) compared to the peer average (47.6x).

Price to Earnings Ratio vs Industry

How does CAMT's PE Ratio compare vs other companies in the Asian Semiconductor Industry?

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CAMT is good value based on its Price-To-Earnings Ratio (30.7x) compared to the Asian Semiconductor industry average (32.4x).

Price to Earnings Ratio vs Fair Ratio

What is CAMT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CAMT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	30.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CAMT's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CAMT forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	₪274.00	₪408.73 +49.2%	12.6%	₪524.97	₪356.23	n/a	8
Nov ’25	₪295.90	₪416.66 +40.8%	12.3%	₪530.89	₪360.25	n/a	8
Oct ’25	₪291.10	₪439.48 +51.0%	12.7%	₪524.75	₪371.07	n/a	8
Sep ’25	₪329.50	₪445.14 +35.1%	12.0%	₪517.17	₪365.72	n/a	8
Aug ’25	₪360.10	₪465.67 +29.3%	13.5%	₪532.20	₪361.13	n/a	8
Jul ’25	₪471.30	₪453.01 -3.9%	14.0%	₪563.33	₪356.77	n/a	8
Jun ’25	₪403.70	₪397.42 -1.6%	6.2%	₪442.09	₪349.99	n/a	8
May ’25	₪300.30	₪355.68 +18.4%	5.1%	₪387.13	₪337.79	n/a	7
Apr ’25	₪306.80	₪344.17 +12.2%	5.1%	₪374.60	₪326.85	n/a	7
Mar ’25	₪287.00	₪344.17 +19.9%	5.1%	₪374.60	₪326.85	n/a	7
Feb ’25	₪289.50	₪306.63 +5.9%	7.1%	₪352.11	₪280.94	n/a	7
Jan ’25	₪252.80	₪263.93 +4.4%	5.2%	₪281.14	₪237.33	n/a	7
Dec ’24	₪240.00	₪269.73 +12.4%	4.7%	₪291.94	₪246.44	n/a	7
Nov ’24	₪213.90	₪240.51 +12.4%	11.0%	₪276.65	₪201.56	₪295.90	7
Oct ’24	₪231.00	₪226.00 -2.2%	11.1%	₪266.84	₪194.41	₪291.10	7
Sep ’24	₪232.50	₪217.34 -6.5%	12.2%	₪254.83	₪174.96	₪329.50	7
Aug ’24	₪170.20	₪191.92 +12.8%	6.2%	₪203.33	₪167.02	₪360.10	7
Jul ’24	₪128.00	₪123.16 -3.8%	12.1%	₪146.12	₪102.28	₪471.30	7
Jun ’24	₪107.10	₪123.16 +15.0%	12.1%	₪146.12	₪102.28	₪403.70	7
May ’24	₪96.99	₪128.46 +32.4%	11.7%	₪146.11	₪109.58	₪300.30	6
Apr ’24	₪98.69	₪126.62 +28.3%	12.8%	₪143.88	₪107.91	₪306.80	5
Mar ’24	₪99.68	₪120.42 +20.8%	14.4%	₪141.67	₪99.17	₪287.00	6
Feb ’24	₪90.24	₪101.33 +12.3%	19.3%	₪135.11	₪84.45	₪289.50	6
Jan ’24	₪76.37	₪103.01 +34.9%	21.0%	₪138.90	₪76.39	₪252.80	6
Dec ’23	₪81.90	₪103.01 +25.8%	21.0%	₪138.90	₪76.39	₪240.00	6
Nov ’23	₪79.97	₪118.87 +48.6%	25.6%	₪173.87	₪85.16	₪213.90	6

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.