Camtek Ltd. | Mid-cap | Technology
$110.05
-3.55%
| Camtek Stock Comparison:
Camtek vs Lam ResearchCamtek vs Applied MaterialsCamtek vs Amkor TechnologyCamtek vs Onto InnovationCamtek vs Ipg PhotonicsCamtek vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 118.6M
Gross Profit 60.6M 51.05%
Operating Income 32.7M 27.56%
Net Income 34.3M 28.92%
EPS (Diluted) $0.70

Balance Sheet Metrics

Total Assets 934.0M
Total Liabilities 346.1M
Shareholders Equity 587.9M
Debt to Equity 0.59

Cash Flow Metrics

Operating Cash Flow 21.7M
Free Cash Flow 20.2M

Revenue & Profitability Trend

Camtek Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 429.2M 315.4M 320.9M 269.7M 155.9M
Cost of Goods Sold i 219.3M 167.7M 161.1M 132.3M 82.6M
Gross Profit i 210.0M 147.6M 159.9M 137.3M 73.2M
Gross Margin % i 48.9% 46.8% 49.8% 50.9% 47.0%
Operating Expenses
Research & Development i 38.3M 31.5M 28.9M 23.5M 19.6M
Selling, General & Administrative i 63.6M 50.8M 49.5M 43.0M 31.0M
Other Operating Expenses i - - - - -
Total Operating Expenses i 101.9M 82.2M 78.4M 66.4M 50.6M
Operating Income i 108.1M 65.4M 81.5M 70.9M 22.6M
Operating Margin % i 25.2% 20.7% 25.4% 26.3% 14.5%
Non-Operating Items
Interest Income i 24.8M 24.1M 8.6M 1.4M 1.3M
Interest Expense i 1.1M 1.8M 1.6M 436.0K 155.0K
Other Non-Operating Income 37.0K -78.0K -351.0K 58.0K -351.0K
Pre-tax Income i 131.2M 87.6M 88.2M 71.9M 23.4M
Income Tax i 12.7M 9.0M 8.2M 11.7M 1.6M
Effective Tax Rate % i 9.7% 10.3% 9.3% 16.2% 6.9%
Net Income i 118.5M 78.6M 79.9M 60.3M 21.8M
Net Margin % i 27.6% 24.9% 24.9% 22.4% 14.0%
Key Metrics
EBITDA i 143.0M 95.2M 94.2M 75.1M 26.1M
EPS (Basic) i $2.62 $1.76 $1.81 $1.38 $0.55
EPS (Diluted) i $2.42 $1.61 $1.66 $1.34 $0.54
Basic Shares Outstanding i 45279000 44725000 44158000 43644000 39383000
Diluted Shares Outstanding i 45279000 44725000 44158000 43644000 39383000

Income Statement Trend

Camtek Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 126.2M 120.0M 148.2M 241.9M 105.8M
Short-term Investments i 261.8M 234.1M 251.5M 156.0M 72.0M
Accounts Receivable i 99.5M 87.3M 80.6M 57.8M 41.0M
Inventory i 111.2M 85.9M 65.5M 58.8M 39.7M
Other Current Assets 1.1M 2.3M 747.0K 542.0K 435.0K
Total Current Assets i 620.1M 546.8M 557.0M 520.2M 261.9M
Non-Current Assets
Property, Plant & Equipment i 13.3M 7.2M 6.1M 5.0M 3.0M
Goodwill i 162.0M 165.6M 597.0K 610.0K 609.0K
Intangible Assets i 13.4M 16.9M 597.0K 610.0K 609.0K
Long-term Investments - - - - -
Other Non-Current Assets 17.0M 13.0M 7.4M 5.6M 5.0M
Total Non-Current Assets i 272.0M 240.9M 120.1M 63.6M 26.0M
Total Assets i 892.0M 787.7M 677.1M 583.8M 287.9M
Liabilities
Current Liabilities
Accounts Payable i 46.6M 42.2M 31.7M 33.6M 27.2M
Short-term Debt i 2.5M 1.7M 1.3M 1.0M 736.0K
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 12.7M 13.6M 18.0M 27.5M 8.7M
Total Current Liabilities i 123.9M 96.7M 88.5M 89.7M 57.4M
Non-Current Liabilities
Long-term Debt i 204.6M 199.5M 198.1M 196.6M 679.0K
Deferred Tax Liabilities i 5.6M 7.5M 0 - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i 218.9M 214.8M 204.5M 200.4M 3.3M
Total Liabilities i 342.8M 311.5M 293.0M 290.1M 60.6M
Equity
Common Stock i 177.0K 176.0K 175.0K 172.0K 171.0K
Retained Earnings i 335.8M 277.4M 198.7M 118.8M 58.5M
Treasury Stock i 1.9M 1.9M 1.9M 1.9M 1.9M
Other Equity - - - - -
Total Shareholders Equity i 549.2M 476.1M 384.1M 293.6M 227.3M
Key Metrics
Total Debt i 207.1M 201.2M 199.4M 197.6M 1.4M
Working Capital i 496.1M 450.1M 468.5M 430.5M 204.5M

Balance Sheet Composition

Camtek Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 118.5M 78.6M 79.9M 60.3M 21.8M
Depreciation & Amortization i 10.7M 5.8M 4.1M 2.8M 2.2M
Stock-Based Compensation i 14.5M 12.6M 10.5M 5.8M 4.2M
Working Capital Changes i -21.0M -17.6M -37.1M -8.3M -2.7M
Operating Cash Flow i 122.2M 79.2M 57.8M 61.0M 26.1M
Investing Activities
Capital Expenditures i -10.1M -8.1M -8.2M -4.1M -2.4M
Acquisitions i 1.3M -101.8M 0 0 -
Investment Purchases i -66.6M -103.5M -142.5M -116.0M -20.5M
Investment Sales i 19.7M 106.1M 0 0 -
Investing Cash Flow i -55.7M -107.3M -150.7M -120.1M -22.9M
Financing Activities
Share Repurchases i - - - - -
Dividends Paid i -60.0M - - 0 0
Debt Issuance i - 0 0 194.5M 0
Debt Repayment i -42.0K - - - -
Financing Cash Flow i -60.1M 0 0 194.5M 64.3M
Free Cash Flow i 111.9M 71.1M 49.5M 56.8M 23.1M
Net Change in Cash i 6.5M -28.1M -92.9M 135.4M 67.4M

Cash Flow Trend

Camtek Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 41.10
Forward P/E 35.49
Price to Book 8.15
Price to Sales 10.83
PEG Ratio 2.12

Profitability Ratios

Profit Margin 28.36%
Operating Margin 25.93%
Return on Equity 24.28%
Return on Assets 8.87%

Financial Health

Current Ratio 5.41
Debt to Equity 32.03
Beta 1.41

Per Share Data

EPS (TTM) $2.72
Book Value per Share $13.71
Revenue per Share $10.36

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
camt 5.1B 41.10 8.15 24.28% 28.36% 32.03
Lam Research 191.0B 33.82 18.06 58.24% 29.07% 48.23
Applied Materials 167.3B 26.32 9.00 35.63% 23.88% 34.67
Amkor Technology 7.0B 25.11 1.80 7.35% 4.80% 42.84
Onto Innovation 7.3B 33.44 3.37 10.53% 19.29% 0.68
Ipg Photonics 3.8B 26.15 1.71 -9.89% -22.77% 0.80

Financial data is updated regularly. All figures are in the company's reporting currency.