Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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 Duyuru • 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 Duyuru • 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. Duyuru • 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 Duyuru • 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 Duyuru • 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. Duyuru • 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 Reported Earnings • Nov 14
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 7.4% growth forecast for the Semiconductor industry in Germany. 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 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €81.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €66.49 per share. Duyuru • 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 29
Now 20% overvalued Over the last 90 days, the stock has fallen 23% to €72.50. The fair value is estimated to be €60.34, 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 15
Now 25% overvalued Over the last 90 days, the stock has fallen 35% to €77.50. The fair value is estimated to be €61.93, 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 26
Now 23% overvalued Over the last 90 days, the stock has fallen 36% to €76.50. The fair value is estimated to be €62.35, 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. Duyuru • 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 8.5% growth forecast for the Semiconductor industry in Germany. 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 27% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €68.50, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 107% over the past three years. Duyuru • 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 02
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 8.4% growth forecast for the Semiconductor industry in Germany. 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 51% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • 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 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €109, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 287% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €122, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 316% over the past three years. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €92.00, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 321% 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 8.4% growth forecast for the Semiconductor industry in Germany. 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 55% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • 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 Upcoming Dividend • Mar 27
Upcoming dividend of US$1.33 per share Eligible shareholders must have bought the stock before 03 April 2024. Payment date: 18 April 2024. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%). Reported Earnings • Mar 22
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 8.3% growth forecast for the Semiconductor industry in Germany. 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. 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 8.2% growth forecast for the Semiconductor industry in Germany. 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 51% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • 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. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €84.00, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Semiconductor industry in Germany. Total returns to shareholders of 272% over the past three years. Duyuru • 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 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 17% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. 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 54% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • 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. 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 €59.50, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 277% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.41 per share. Duyuru • 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. Duyuru • 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 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €47.80, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 217% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.25 per share. 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 29
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 7.5% growth forecast for the Semiconductor industry in Germany. 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 56% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • 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 17% After last week's 17% share price gain to €49.00, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 271% over the past three years. Duyuru • 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 7.9% growth forecast for the Semiconductor industry in Germany. 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 46% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • 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 16% After last week's 16% share price gain to €35.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 203% over the past three years. New Risk • Jul 16
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 German stocks, typically moving 7.1% 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 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €33.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 206% over the past three years. Duyuru • 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 24
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 8.9% growth forecast for the Semiconductor industry in Germany. 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 50% per year. Reported Earnings • Feb 17
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 8.8% growth forecast for the Semiconductor industry in Germany. 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. Duyuru • 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. Duyuru • 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 Germany are expected to grow by 8.6%. 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 39% 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. Duyuru • Nov 08
Camtek Ltd. to Report Q3, 2022 Results on Nov 17, 2022 Camtek Ltd. announced that they will report Q3, 2022 results on Nov 17, 2022 Duyuru • Oct 07
Camtek Ltd., Annual General Meeting, Nov 10, 2022 Camtek Ltd., Annual General Meeting, Nov 10, 2022, at 16:00 Israel Standard Time. Location: Ramat Gavriel Industrial Zone Migdal 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 approve the re-appointment of Mr. Rafi Amit as Chairman of the Board of Directors, while continuing to serve as the Company's CEO; to consider and approve an amendment to the Company's Articles of Association; and to 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, 2022 and for the year commencing January 1, 2023 and until the next annual general meeting of shareholders, and to authorize the Company's Board of Directors, upon the recommendation of the Audit Committee, to set the annual compensation of the independent auditor in accordance with the volume and nature of its services. Buying Opportunity • Oct 01
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 2.7%. The fair value is estimated to be €28.68, 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. Duyuru • Sep 19
Camtek Ltd.(TASE:CAMT) dropped from FTSE All-World Index (USD) Camtek Ltd.(TASE:CAMT) dropped from FTSE All-World Index (USD) Reported Earnings • Sep 17
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). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. 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 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year and the company’s share price has also increased by 44% per year. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 16% share price gain to €28.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 235% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.73 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 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. 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 15% growth forecast for the industry in Germany. 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 51% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 11
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 16% growth forecast for the industry in Germany. 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 60% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 11
Camtek Ltd. Provides Revenue Guidance for the First and Second Quarter of 2022 Camtek Ltd. provided revenue guidance for the first and second quarter of 2022. With over $40 million of orders since the beginning of the year, management expects revenues in the first quarter of 2022 between $75-76 million with continued growth in the second quarter. Duyuru • Feb 01
Camtek Ltd. to Report Q4, 2021 Results on Feb 10, 2022 Camtek Ltd. announced that they will report Q4, 2021 results on Feb 10, 2022 Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €35.20, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Semiconductor industry in Germany. Total returns to shareholders of 485% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.72 per share. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 16% share price gain to €41.80, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 29x in the Semiconductor industry in Germany. Total returns to shareholders of 564% over the past three years. 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 70% 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 72% per year, which means it is tracking significantly ahead of earnings growth. 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 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 21% share price gain to US$25.60, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 36x in the Semiconductor industry in Germany. Total returns to shareholders of 275% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$24.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 36x in the Semiconductor industry in Germany. Total returns to shareholders of 266% 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 70% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 29
Camtek Ltd. Provides Earnings Guidance for the Full Year 2021 Camtek Ltd. provides earnings guidance for the full year 2021. The company announced that 2021 is expected to be a record year in sales, growth and profitability. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 15% share price gain to US$28.40, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 40x in the Semiconductor industry in Germany. Total returns to shareholders of 394% 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 68% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Mar 16
New 90-day high: €26.40 The company is up 62% from a price of €16.30 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Exceeded the Semiconductor industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$20.80, the stock is trading at a trailing P/E ratio of 49.9x, down from the previous P/E ratio of 60x. This compares to an average P/E of 81x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 303%. Reported Earnings • Feb 12
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 61% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue beats expectations Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 32%, compared to a 17% growth forecast for the Semiconductor industry in Germany. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improved over the past week After last week's 16% share price gain to US$22.80, the stock is trading at a trailing P/E ratio of 56.4x, up from the previous P/E ratio of 48.7x. This compares to an average P/E of 100x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 346%. Is New 90 Day High Low • Feb 06
New 90-day high: €22.80 The company is up 43% from its price of €16.00 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.93 per share. Duyuru • Jan 29
Camtek Ltd. to Report Q4, 2020 Results on Feb 09, 2021 Camtek Ltd. announced that they will report Q4, 2020 results on Feb 09, 2021 Duyuru • Jan 12
Camtek Inspection and Metrology Solutions Selected by A Leading Global Idm Camtek Ltd. announced that one of the world's top Integrated Circuits (IC) manufacturers recently selected Camtek's most advanced inspection and metrology equipment for its global fabrication sites. Following the selection, Camtek has already received initial multiple orders and expect additional business during 2021 and beyond. Camtek's most advanced Eagle 2D plus 3D model was chosen due to its unique combination of inspection and metrology, enhanced by cutting-edge algorithms and equipment modularity and flexibility. Camtek's solutions are expected to be implemented in the customer's development and production sites globally. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 32% share price gain to US$21.40, the stock is trading at a trailing P/E ratio of 47.4x, up from the previous P/E ratio of 35.8x. This compares to an average P/E of 69x in the Semiconductor industry in Germany. Total returns to shareholders over the past three years are 300%. Is New 90 Day High Low • Dec 24
New 90-day high: €17.30 The company is up 41% from its price of €12.30 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.76 per share.