Market Cap
US$1.3b
Last Updated
2021/04/22 11:16 UTC
Data Sources
Company Financials +
Executive Summary
Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for the advanced interconnect packaging, memory, complementary metal oxide semiconductor image sensors, micro-electro mechanical systems, radio frequency, and other segments of the semiconductor industry. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Camtek's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAMT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CAMT's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
CAMT
-3.8%
US Semiconductor
-0.7%
US Market
1 Year Return
230.9%
CAMT
85.0%
US Semiconductor
58.2%
US Market
Return vs Industry: CAMT exceeded the US Semiconductor industry which returned 85.1% over the past year.
Return vs Market: CAMT exceeded the US Market which returned 58.4% over the past year.
Shareholder returns
| CAMT | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -3.8% | -0.7% |
| 30 Day | 13.9% | 3.7% | 3.2% |
| 90 Day | 35.0% | 1.3% | 4.4% |
| 1 Year | 230.9%230.9% | 87.9%85.0% | 61.0%58.2% |
| 3 Year | 368.2%351.3% | 127.9%116.2% | 66.1%55.5% |
| 5 Year | 1,523.8%1,431.1% | 323.8%282.9% | 120.9%96.2% |
Long-Term Price Volatility Vs. Market
How volatile is Camtek's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Camtek (NASDAQ:CAMT) Is Doing The Right Things To Multiply Its Share Price3 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Camtek Ltd. (NASDAQ:CAMT)?1 month ago | Simply Wall St
Is There Now An Opportunity In Camtek Ltd. (NASDAQ:CAMT)?Valuation
Is Camtek undervalued compared to its fair value and its price relative to the market?
57.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CAMT ($30.68) is trading above our estimate of fair value ($8)
Significantly Below Fair Value: CAMT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CAMT is poor value based on its PE Ratio (55.5x) compared to the US Semiconductor industry average (38.2x).
PE vs Market: CAMT is poor value based on its PE Ratio (55.5x) compared to the US market (21.8x).
Price to Earnings Growth Ratio
PEG Ratio: CAMT is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: CAMT is overvalued based on its PB Ratio (5.8x) compared to the US Semiconductor industry average (4.7x).
Future Growth
How is Camtek forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
33.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAMT's forecast earnings growth (33.7% per year) is above the savings rate (2%).
Earnings vs Market: CAMT's earnings (33.7% per year) are forecast to grow faster than the US market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CAMT's revenue (16.6% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: CAMT's revenue (16.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAMT's Return on Equity is forecast to be low in 3 years time (16.9%).
Past Performance
How has Camtek performed over the past 5 years?
56.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAMT has high quality earnings.
Growing Profit Margin: CAMT's current net profit margins (14%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: CAMT has become profitable over the past 5 years, growing earnings by 56.7% per year.
Accelerating Growth: CAMT's earnings growth over the past year (4.8%) is below its 5-year average (56.7% per year).
Earnings vs Industry: CAMT earnings growth over the past year (4.8%) underperformed the Semiconductor industry 30%.
Return on Equity
High ROE: CAMT's Return on Equity (9.6%) is considered low.
Financial Health
How is Camtek's financial position?
Financial Position Analysis
Short Term Liabilities: CAMT's short term assets ($261.9M) exceed its short term liabilities ($57.4M).
Long Term Liabilities: CAMT's short term assets ($261.9M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: CAMT is debt free.
Reducing Debt: CAMT had no debt 5 years ago.
Debt Coverage: CAMT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAMT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Camtek current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAMT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAMT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CAMT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAMT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CAMT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAMT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Rafi Amit (71 yo)
7.25yrs
Tenure
US$1,217,735
Compensation
Mr. Rafi Amit has been the Chief Executive Officer Camtek Ltd since January 2014. Mr. Amit has been the Chairman of the Board of Camtek Ltd. since June 3, 2019. He has served as the President of Priortech ...
CEO Compensation Analysis
Compensation vs Market: Rafi's total compensation ($USD1.22M) is below average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Rafi's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CAMT's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: CAMT's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12%.
Top Shareholders
Company Information
Camtek Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Camtek Ltd.
- Ticker: CAMT
- Exchange: NasdaqGM
- Founded: 1987
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$1.328b
- Shares outstanding: 43.30m
- Website: https://www.camtek.com
Number of Employees
Location
- Camtek Ltd.
- Ramat Gavriel Industrial Zone
- PO Box 544
- Migdal Haemek
- 23150
- Israel
Listings
Biography
Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for the advanced interconnect packaging, memory, complementary metal oxide semiconductor im...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/22 11:16 |
| End of Day Share Price | 2021/04/21 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.