CAMTEK LTD (CAMT)
IL0010952641 - Common Stock
CAMT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. CAMT gets an excellent profitability rating and is at the same time showing great financial health properties. CAMT is valued quite expensive, but it does show an excellent growth. With these ratings, CAMT could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year CAMT was profitable.
CAMT had a positive operating cash flow in the past year.
Each year in the past 5 years CAMT has been profitable.
CAMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.98%, CAMT is in the better half of the industry, outperforming 75.47% of the companies in the same industry.
CAMT's Return On Equity of 16.51% is fine compared to the rest of the industry. CAMT outperforms 76.42% of its industry peers.
CAMT's Return On Invested Capital of 8.54% is fine compared to the rest of the industry. CAMT outperforms 72.64% of its industry peers.
CAMT had an Average Return On Invested Capital over the past 3 years of 11.32%. This is in line with the industry average of 10.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.98% | ||
| ROE | 16.51% | ||
| ROIC | 8.54% |
ROA(3y)10.71%
ROA(5y)10.52%
ROE(3y)19.29%
ROE(5y)16.71%
ROIC(3y)11.32%
ROIC(5y)11.42%
1.3 Margins
CAMT has a better Profit Margin (24.93%) than 83.02% of its industry peers.
In the last couple of years the Profit Margin of CAMT has grown nicely.
Looking at the Operating Margin, with a value of 20.74%, CAMT is in the better half of the industry, outperforming 75.47% of the companies in the same industry.
CAMT's Operating Margin has improved in the last couple of years.
The Gross Margin of CAMT (46.81%) is comparable to the rest of the 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 | 20.74% | ||
| PM (TTM) | 24.93% | ||
| GM | 46.81% |
OM growth 3Y12.63%
OM growth 5Y4.98%
PM growth 3Y21.29%
PM growth 5Y10.39%
GM growth 3Y-0.12%
GM growth 5Y-1.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CAMT is destroying value.
The number of shares outstanding for CAMT has been increased compared to 1 year ago.
The number of shares outstanding for CAMT has been increased compared to 5 years ago.
Compared to 1 year ago, CAMT has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.04 indicates that CAMT is not in any danger for bankruptcy at the moment.
CAMT's Altman-Z score of 9.04 is fine compared to the rest of the industry. CAMT outperforms 78.30% of its industry peers.
CAMT has a debt to FCF ratio of 2.77. This is a good value and a sign of high solvency as CAMT would need 2.77 years to pay back of all of its debts.
CAMT has a Debt to FCF ratio of 2.77. This is in the better half of the industry: CAMT outperforms 66.04% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that CAMT is not too dependend on debt financing.
The Debt to Equity ratio of CAMT (0.41) is worse than 66.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 9.04 |
ROIC/WACC0.72
WACC11.81%
2.3 Liquidity
A Current Ratio of 5.66 indicates that CAMT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.66, CAMT belongs to the top of the industry, outperforming 83.02% of the companies in the same industry.
A Quick Ratio of 4.77 indicates that CAMT has no problem at all paying its short term obligations.
CAMT has a Quick ratio of 4.77. This is amongst the best in the industry. CAMT outperforms 82.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.66 | ||
| Quick Ratio | 4.77 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.72% over the past year.
The Earnings Per Share has been growing by 27.44% on average over the past years. This is a very strong growth
Looking at the last year, CAMT shows a decrease in Revenue. The Revenue has decreased by -1.72% in the last year.
CAMT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.69% yearly.
EPS 1Y (TTM)3.72%
EPS 3Y44.97%
EPS 5Y27.44%
EPS growth Q2Q14%
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y26.48%
Revenue growth 5Y20.69%
Revenue growth Q2Q7.93%
3.2 Future
The Earnings Per Share is expected to grow by 20.87% on average over the next years. This is a very strong growth
CAMT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.11% yearly.
EPS Next Y24.94%
EPS Next 2Y21.57%
EPS Next 3Y14.37%
EPS Next 5Y20.87%
Revenue Next Year24.6%
Revenue Next 2Y20.33%
Revenue Next 3Y14.11%
Revenue Next 5YN/A
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 42.13, the valuation of CAMT can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as CAMT.
Compared to an average S&P500 Price/Earnings ratio of 25.02, CAMT is valued quite expensively.
With a Price/Forward Earnings ratio of 33.72, CAMT can be considered very expensive at the moment.
CAMT's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.32, CAMT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.13 | ||
| Fwd PE | 33.72 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CAMT.
CAMT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CAMT is cheaper than 67.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.18 | ||
| EV/EBITDA | 46.93 |
4.3 Compensation for Growth
CAMT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CAMT may justify a higher PE ratio.
A more expensive valuation may be justified as CAMT's earnings are expected to grow with 14.37% in the coming years.
PEG (NY)1.69
PEG (5Y)1.54
EPS Next 2Y21.57%
EPS Next 3Y14.37%
5. Dividend
5.1 Amount
CAMT has a Yearly Dividend Yield of 1.62%. Purely for dividend investing, there may be better candidates out there.
CAMT's Dividend Yield is rather good when compared to the industry average which is at 2.07. CAMT pays more dividend than 84.91% of the companies in the same industry.
CAMT's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
5.2 History
CAMT has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y21.57%
EPS Next 3Y14.37%
CAMTEK LTD
NASDAQ:CAMT (4/30/2024, 12:55:33 PM)
82.155
-0.55 (-0.66%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.71B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Dividend Growth(5Y)
DP
Div Incr Years
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Surprises & Revisions
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.13 | ||
| Fwd PE | 33.72 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.69
PEG (5Y)1.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.98% | ||
| ROE | 16.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 20.74% | ||
| PM (TTM) | 24.93% | ||
| GM | 46.81% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.66 | ||
| Quick Ratio | 4.77 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)3.72%
EPS 3Y44.97%
EPS 5Y
EPS growth Q2Q
EPS Next Y24.94%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.72%
Revenue growth 3Y26.48%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
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