CAMTEK LTD (CAMT) Stock Fundamental Analysis
USA - NASDAQ:CAMT - IL0010952641 - Common Stock
123.82 USD
-0.21 (-0.17%)
123.11 USD
-0.71 (-0.57%)
CAMT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While CAMT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CAMT is valued quite expensively, but it does show have an excellent growth rating. This makes CAMT very considerable for growth investing!
1. Profitability
1.1 Basic Checks
CAMT had positive earnings in the past year.
CAMT had positive earnings in each of the past 5 years.
Each year in the past 5 years CAMT had a positive operating cash flow.
1.2 Ratios
CAMT has a better Return On Assets (13.72%) than 85.71% of its industry peers.
CAMT has a better Return On Equity (21.36%) than 87.50% of its industry peers.
The Return On Invested Capital of CAMT (13.47%) is better than 86.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAMT is in line with the industry average of 11.04%.
The last Return On Invested Capital (13.47%) for CAMT is above the 3 year average (11.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.72% | ||
| ROE | 21.36% | ||
| ROIC | 13.47% |
ROA(3y)11.71%
ROA(5y)10.6%
ROE(3y)19.67%
ROE(5y)17.82%
ROIC(3y)11.43%
ROIC(5y)11.2%
1.3 Margins
CAMT has a Profit Margin of 28.38%. This is amongst the best in the industry. CAMT outperforms 87.50% of its industry peers.
CAMT's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 26.86%, CAMT belongs to the best of the industry, outperforming 86.61% of the companies in the same industry.
In the last couple of years the Operating Margin of CAMT has grown nicely.
Looking at the Gross Margin, with a value of 50.46%, CAMT is in the better half of the industry, outperforming 63.39% of the companies in the same industry.
In the last couple of years the Gross Margin of CAMT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.86% | ||
| PM (TTM) | 28.38% | ||
| GM | 50.46% |
OM growth 3Y-0.13%
OM growth 5Y9.82%
PM growth 3Y7.46%
PM growth 5Y11.08%
GM growth 3Y-0.69%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
CAMT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CAMT has been increased compared to 1 year ago.
CAMT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CAMT has been reduced compared to a year ago.
2.2 Solvency
CAMT has an Altman-Z score of 11.95. This indicates that CAMT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CAMT (11.95) is better than 77.68% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that CAMT is not too dependend on debt financing.
CAMT has a Debt to Equity ratio of 0.32. This is in the lower half of the industry: CAMT underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 11.95 |
ROIC/WACC1.17
WACC11.47%
2.3 Liquidity
CAMT has a Current Ratio of 5.41. This indicates that CAMT is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 5.41, CAMT is doing good in the industry, outperforming 77.68% of the companies in the same industry.
A Quick Ratio of 4.38 indicates that CAMT has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 4.38, CAMT is in the better half of the industry, outperforming 75.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.38 |
3. Growth
3.1 Past
CAMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.80%, which is quite impressive.
Measured over the past years, CAMT shows a very strong growth in Earnings Per Share. The EPS has been growing by 34.86% on average per year.
The Revenue has grown by 27.82% in the past year. This is a very strong growth!
CAMT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.20% yearly.
EPS 1Y (TTM)30.8%
EPS 3Y20.9%
EPS 5Y34.86%
EPS Q2Q%19.7%
Revenue 1Y (TTM)27.82%
Revenue growth 3Y16.74%
Revenue growth 5Y26.2%
Sales Q2Q%20.2%
3.2 Future
The Earnings Per Share is expected to grow by 16.41% on average over the next years. This is quite good.
CAMT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.97% yearly.
EPS Next Y15.51%
EPS Next 2Y12.17%
EPS Next 3Y13.71%
EPS Next 5Y16.41%
Revenue Next Year15.52%
Revenue Next 2Y11.96%
Revenue Next 3Y11.79%
Revenue Next 5Y15.97%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
CAMT is valuated quite expensively with a Price/Earnings ratio of 39.94.
CAMT's Price/Earnings ratio is a bit cheaper when compared to the industry. CAMT is cheaper than 66.96% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. CAMT is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 35.02, which means the current valuation is very expensive for CAMT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAMT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CAMT to the average of the S&P500 Index (22.55), we can say CAMT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.94 | ||
| Fwd PE | 35.02 |
4.2 Price Multiples
CAMT's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 42.57 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CAMT has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CAMT's earnings are expected to grow with 13.71% in the coming years.
PEG (NY)2.58
PEG (5Y)1.15
EPS Next 2Y12.17%
EPS Next 3Y13.71%
5. Dividend
5.1 Amount
CAMT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
123.82
-0.21 (-0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners52.66%
Inst Owner Change-2.08%
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap5.66B
Revenue(TTM)471.34M
Net Income(TTM)133.74M
Analysts82.5
Price Target119.85 (-3.21%)
Short Float %16.12%
Short Ratio9.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend1.33
Dividend Growth(5Y)56.87%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.87%
Min EPS beat(2)-2.25%
Max EPS beat(2)0.51%
EPS beat(4)3
Avg EPS beat(4)1.36%
Min EPS beat(4)-2.25%
Max EPS beat(4)6.06%
EPS beat(8)7
Avg EPS beat(8)2.75%
EPS beat(12)10
Avg EPS beat(12)2.39%
EPS beat(16)12
Avg EPS beat(16)2.23%
Revenue beat(2)0
Avg Revenue beat(2)-1.43%
Min Revenue beat(2)-2.27%
Max Revenue beat(2)-0.59%
Revenue beat(4)1
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-2.27%
Max Revenue beat(4)1.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.3%
Revenue beat(12)2
Avg Revenue beat(12)-0.68%
Revenue beat(16)3
Avg Revenue beat(16)-0.74%
PT rev (1m)18.57%
PT rev (3m)32.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.74%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.94 | ||
| Fwd PE | 35.02 | ||
| P/S | 12.01 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 9.02 | ||
| P/tB | 10.46 | ||
| EV/EBITDA | 42.57 |
EPS(TTM)3.1
EY2.5%
EPS(NY)3.54
Fwd EY2.86%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS10.31
BVpS13.72
TBVpS11.84
PEG (NY)2.58
PEG (5Y)1.15
Graham Number30.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.72% | ||
| ROE | 21.36% | ||
| ROCE | 14.98% | ||
| ROIC | 13.47% | ||
| ROICexc | 13.47% | ||
| ROICexgc | 14.99% | ||
| OM | 26.86% | ||
| PM (TTM) | 28.38% | ||
| GM | 50.46% | ||
| FCFM | N/A |
ROA(3y)11.71%
ROA(5y)10.6%
ROE(3y)19.67%
ROE(5y)17.82%
ROIC(3y)11.43%
ROIC(5y)11.2%
ROICexc(3y)23.25%
ROICexc(5y)34.93%
ROICexgc(3y)26.06%
ROICexgc(5y)36.79%
ROCE(3y)12.71%
ROCE(5y)12.46%
ROICexgc growth 3Y-39.43%
ROICexgc growth 5Y-18.22%
ROICexc growth 3Y-41.68%
ROICexc growth 5Y-20%
OM growth 3Y-0.13%
OM growth 5Y9.82%
PM growth 3Y7.46%
PM growth 5Y11.08%
GM growth 3Y-0.69%
GM growth 5Y0.63%
F-ScoreN/A
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.44 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.38 | ||
| Altman-Z | 11.95 |
F-ScoreN/A
WACC11.47%
ROIC/WACC1.17
Cap/Depr(3y)145.49%
Cap/Depr(5y)140.52%
Cap/Sales(3y)2.51%
Cap/Sales(5y)2.15%
Profit Quality(3y)82.13%
Profit Quality(5y)89.36%
High Growth Momentum
Growth
EPS 1Y (TTM)30.8%
EPS 3Y20.9%
EPS 5Y34.86%
EPS Q2Q%19.7%
EPS Next Y15.51%
EPS Next 2Y12.17%
EPS Next 3Y13.71%
EPS Next 5Y16.41%
Revenue 1Y (TTM)27.82%
Revenue growth 3Y16.74%
Revenue growth 5Y26.2%
Sales Q2Q%20.2%
Revenue Next Year15.52%
Revenue Next 2Y11.96%
Revenue Next 3Y11.79%
Revenue Next 5Y15.97%
EBIT growth 1Y48.56%
EBIT growth 3Y16.58%
EBIT growth 5Y38.59%
EBIT Next Year22.48%
EBIT Next 3Y18.1%
EBIT Next 5Y19.53%
FCF growth 1Y57.63%
FCF growth 3Y25.41%
FCF growth 5Y36.93%
OCF growth 1Y53.8%
OCF growth 3Y26.02%
OCF growth 5Y37.72%
CAMTEK LTD / CAMT FAQ
What is the fundamental rating for CAMT stock?
ChartMill assigns a fundamental rating of 6 / 10 to CAMT.
Can you provide the valuation status for CAMTEK LTD?
ChartMill assigns a valuation rating of 2 / 10 to CAMTEK LTD (CAMT). This can be considered as Overvalued.
How profitable is CAMTEK LTD (CAMT) stock?
CAMTEK LTD (CAMT) has a profitability rating of 8 / 10.
What is the expected EPS growth for CAMTEK LTD (CAMT) stock?
The Earnings per Share (EPS) of CAMTEK LTD (CAMT) is expected to grow by 15.51% in the next year.