Camtek Ltd

Technology US CAMT

86.225USD
4.71(5.78%)

Last update at 2024-12-19T18:55:00Z

Day Range

82.5087.45
LowHigh

52 Week Range

59.91140.50
LowHigh

Fundamentals

  • Previous Close 81.51
  • Market Cap3321.01M
  • Volume1023978
  • P/E Ratio33.56
  • Dividend Yield1.69%
  • EBITDA91.83M
  • Revenue TTM368.76M
  • Revenue Per Share TTM8.19
  • Gross Profit TTM 159.86M
  • Diluted EPS TTM2.18

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 88.19M 71.93M 23.40M 22.77M 20.76M
Minority interest - - - - -
Net income 79.95M 60.28M 21.78M 21.99M 18.73M
Selling general administrative 11.25M 9.36M 8.06M 7.19M 6.95M
Selling and marketing expenses 38.25M 33.61M 22.97M 19.29M 19.23M
Gross profit 159.86M 137.34M 73.23M 64.78M 60.80M
Reconciled depreciation 4.09M 2.81M 2.23M 2.13M 1.97M
Ebit 77.40M 68.09M 20.39M 19.84M 18.07M
Ebitda 81.50M 70.90M 22.62M 21.97M 20.03M
Depreciation and amortization 4.09M 2.81M 2.23M 2.13M 1.97M
Non operating income net other - - - - -
Operating income 81.50M 70.90M 22.62M 21.97M 20.03M
Other operating expenses 239.41M 198.76M 133.24M 112.05M 103.14M
Interest expense 1.61M 3.84M 3.01M 4.10M 0.73M
Tax provision 8.24M 11.65M 1.62M 1.95M 2.03M
Interest income 6.69M 1.41M 1.28M 1.41M 0.59M
Net interest income 6.69M 1.03M 0.78M 0.80M 0.73M
Extraordinary items - - - 1.16M -
Non recurring - - - - -
Other items - - - - -
Income tax expense 8.24M 11.65M 1.62M 1.95M 2.03M
Total revenue 320.91M 269.66M 155.86M 134.02M 123.17M
Total operating expenses 78.36M 66.45M 50.61M 42.81M 40.76M
Cost of revenue 161.05M 132.31M 82.63M 69.23M 62.38M
Total other income expense net 6.69M 1.03M 0.78M 0.80M 0.73M
Discontinued operations - - - 1.16M 1.16M
Net income from continuing ops 79.95M 60.28M 21.78M 20.82M 18.73M
Net income applicable to common shares 79.95M 60.28M 21.78M 21.99M 18.73M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 787.67M 677.09M 583.76M 287.91M 170.37M
Intangible assets 16.94M 0.60M 0.61M 0.61M 0.49M
Earning assets - - - - -
Other current assets 19.55M 11.16M 5.65M 3.37M 2.91M
Total liab 303.98M 292.99M 290.13M 60.64M 34.07M
Total stockholder equity 476.15M 384.10M 293.63M 227.26M 136.30M
Deferred long term liab - - - - -
Other current liab 38.10M 42.71M 44.28M 23.31M 17.44M
Common stock 0.18M 0.17M 0.17M 0.17M 0.16M
Capital stock 0.18M 0.17M 0.17M 0.17M 0.16M
Retained earnings 277.35M 198.72M 118.77M 58.49M 36.72M
Other liab - - 5.80M 2.58M 1.69M
Good will 74.34M - - - -
Other assets - - 37.57M 4.98M 3.65M
Cash 119.97M 148.16M 241.94M 105.81M 38.05M
Cash and equivalents - - - - -
Total current liabilities 96.67M 88.50M 89.69M 57.38M 31.61M
Current deferred revenue 14.70M 12.82M 10.84M 6.16M 2.00M
Net debt 76.86M 47.58M -47.30000M -104.40000M -37.22100M
Short term debt 1.69M 1.30M 1.02M 0.74M 0.83M
Short long term debt - - - - -
Short long term debt total 196.83M 195.74M 194.64M 1.42M 0.83M
Other stockholder equity 198.49M 185.21M 174.68M 168.60M 99.43M
Property plant equipment - 33.14M 25.40M 20.40M 18.53M
Total current assets 546.79M 556.96M 520.18M 261.92M 147.70M
Long term investments 94.58M - 32.00M - -
Net tangible assets - 383.50M 293.02M 226.66M 135.81M
Short term investments 234.07M 251.50M 156.00M 72.00M 51.50M
Net receivables 87.30M 80.61M 57.83M 41.00M 31.44M
Long term debt 196.83M 195.74M 194.64M - -
Inventory 85.91M 65.54M 58.76M 39.74M 23.80M
Accounts payable 42.19M 31.67M 33.55M 27.18M 11.33M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.13M - - - -13.38700M
Additional paid in capital - - - - -
Common stock total equity - - - 0.17M 0.16M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -1.89800M
Accumulated amortization - - - - -
Non currrent assets other 31.39M 85.38M 5.34M 4.50M 2.90M
Deferred long term asset charges - - - - -
Non current assets total 240.88M 120.12M 63.58M 25.99M 22.67M
Capital lease obligations 4.32M 3.70M 2.93M 1.42M 0.83M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -150.79400M -84.00000M -23.12600M -51.60500M -2.25900M
Change to liabilities 0.00000M 6.19M 15.66M -4.10000M 4.78M
Total cashflows from investing activities - -120.17600M -23.12600M -51.60500M -2.25900M
Net borrowings - 194.53M 194.53M 194.53M 194.53M
Total cash from financing activities 0.00300M 194.80M 64.92M 10.02M -3.30600M
Change to operating activities - 24.56M 10.48M -3.63800M 6.89M
Net income 79.95M 60.28M 21.78M 21.99M 18.73M
Change in cash -93.78700M 136.13M 67.77M -16.88800M 11.19M
Begin period cash flow 241.94M 105.81M 38.05M 54.94M 43.74M
End period cash flow 148.16M 241.94M 105.81M 38.05M 54.94M
Total cash from operating activities 57.80M 60.96M 25.75M 24.63M 16.79M
Issuance of capital stock 0.00000M 0.00000M 64.29M 16.03M -
Depreciation 4.09M 2.81M 2.23M 2.13M 1.97M
Other cashflows from investing activities - -32.00000M -32.00000M 1.26M 1.26M
Dividends paid - 0.00000M 0.00000M -6.55100M 5.06M
Change to inventory -9.51800M -21.70200M -19.33000M 4.80M -10.82400M
Change to account receivables -21.98400M -17.33800M -9.69600M 0.16M -8.45600M
Sale purchase of stock - - - 16.57M 1.76M
Other cashflows from financing activities -150.79400M -120.17600M 0.63M 0.54M 1.76M
Change to netincome - 6.04M 4.62M 3.29M 3.71M
Capital expenditures 8.29M 4.18M 2.63M 1.36M 2.33M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -37.07700M -8.28600M -2.88400M -2.78400M -7.61200M
Stock based compensation 10.52M 5.82M 4.24M 2.89M 1.68M
Other non cash items 1.09M 0.09M -0.08700M -1.12800M 0.32M
Free cash flow 49.51M 56.78M 23.13M 23.26M 14.46M

Peer Comparison

Sector: Technology Industry: Semiconductor Equipment & Materials

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CAMT
Camtek Ltd
4.71 5.78% 86.22 33.56 24.04 9.01 6.92 8.37 28.42
ASML
ASML Holding NV ADR
-3.43 0.48% 716.06 49.01 44.05 13.98 26.27 13.85 38.25
ASMLF
ASML Holding NV
-2.94 0.41% 714.48 35.84 34.36 10.90 22.09 10.98 30.93
AMAT
Applied Materials Inc
-2.65 1.60% 162.80 19.53 17.73 5.16 7.46 5.10 15.75
LRCX
Lam Research Corp
-3.63 4.83% 71.57 35.59 26.25 8.76 15.26 8.72 27.97

Reports Covered

Stock Research & News

Profile

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications. It also develops automatic defect classification, which provides automatic defect classification of color images utilizing deep learning techniques to reduce and eliminate manual verification. In addition, the company offers MicroProf AP, a wafer metrology tool for applications at 3D packaging process steps; MicroProf DI, an optical inspection tool that enables inspection of structured and unstructured wafers for manufacturing process; MicroProf FE, a 2D/3D wafer metrology tool that serve front end HVM fab; MicroProf FS, an wafer metrology tool configurable for wafer foundry; MicroProf PT for hybrid metrology applications to common panel sizes; MicroProf MHU metrology tool, a material handling unit for semiconductor, MEMS, sapphire, and LED industries; MicroProf TL, an optical surface measurement tool for fully automatic 3D surface measurements; MicroProf 100, a universal surface metrology tool for determination of topography and film and sample thickness; MicroProf 200, a measuring device for contactless and non-destructive characterization of surfaces and films; and MicroProf 300, a SurfaceSens technology for quality assurance, development, and manufacturing. It serves semiconductor manufacturers, outsourced semiconductor assembly and test, integrated device manufacturers, and wafer level packaging subcontractors. Camtek Ltd. was incorporated in 1987 and is headquartered in Migdal Haemek, Israel.

Camtek Ltd

Ramat Gavriel Industrial Zone, 23150, Migdal Haemek, Israel, 2309407

Key Executives

Name Title Year Born
Mr. Rafi Amit Chairman & CEO 1949
Mr. Moshe Eisenberg Chief Financial Officer 1967
Mr. Ramy Langer Chief Operating Officer 1954
Ms. Orit Geva Dvash VP of HR 1973
Dr. Shimon Koren Chief Technology Officer NA
Mr. Omri Katz VP of Marketing & Sales Support NA
Mr. Rafi Amit CEO & Director 1949
Mr. Omri Katz Vice President of Marketing & Sales Support NA
Ms. Orit Geva Dvash Vice President of Human Resources 1973
Ms. Orit Geva Dvash Vice President of Human Resources 1972

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