Camtek Ltd. (CAMT) Financial Ratios
26 years of historical data (1999–2024) · Technology · Semiconductors
EV/EBITDA
↑
N/A
—
5yr avg: 30.98
30Y Low3.3·High48.8
P/FCF
↓
N/A
—
5yr avg: 35.77
30Y Low6.4·High47.6
P/B Ratio
↑
18.21
↑+224% vs avg
5yr avg: 5.62
30Y Low0.2·High7.3
ROE
↑
23.1%
↓+15% vs avg
5yr avg: 20.0%
30Y Low-26%·High41%
Debt/EBITDA
↑
1.74
↓-10% vs avg
5yr avg: 1.93
30Y Low0.1·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CAMT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Camtek Ltd. trades at 83.7x earnings, 154% above its 5-year average of 32.9x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 27.2x, the stock trades at a premium of 208%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.2B | $4.0B | $3.4B | $1.1B | $2.1B | $885M | $416M | $249M | $206M | $116M | $72M |
| Enterprise Value | $7.3B | $4.1B | $3.5B | $1.1B | $2.0B | $780M | $380M | $194M | $162M | $97M | $42M |
| P/E Ratio → | 83.69 | 33.38 | 43.09 | 13.23 | 34.36 | 40.57 | 20.06 | 13.27 | 14.67 | 25.31 | — |
| P/S Ratio | — | 9.29 | 10.75 | 3.30 | 7.69 | 5.68 | 3.11 | 2.02 | 2.20 | 1.06 | 0.73 |
| P/B Ratio | 18.21 | 7.26 | 7.12 | 2.76 | 7.06 | 3.89 | 3.05 | 2.45 | 2.44 | 1.59 | 1.06 |
| P/FCF | — | 35.56 | 47.60 | 21.35 | 36.44 | 37.90 | 17.81 | 17.10 | — | — | — |
| P/OCF | — | 32.62 | 42.74 | 18.32 | 34.01 | 34.35 | 16.90 | 14.82 | 125.82 | — | 41.36 |
P/E links to full P/E history page with 30-year chart
CAMT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.48 | 11.01 | 3.46 | 7.52 | 5.01 | 2.83 | 1.57 | 1.73 | 0.88 | 0.42 |
| EV / EBITDA | — | 34.26 | 48.76 | 12.97 | 27.53 | 31.38 | 15.75 | 8.81 | — | 11.27 | — |
| EV / EBIT | — | 30.74 | 39.12 | 12.44 | 28.04 | 33.12 | 17.28 | 9.68 | — | 33.43 | — |
| EV / FCF | — | 36.28 | 48.74 | 22.39 | 35.66 | 33.42 | 16.25 | 13.32 | — | — | — |
CAMT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Camtek Ltd. earns an operating margin of 25.2%. ROE of 23.1% indicates solid capital efficiency. ROIC of 13.7% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.9% | 48.9% | 46.8% | 49.8% | 50.9% | 47.0% | 48.3% | 49.4% | 48.7% | 44.6% | 43.4% |
| Operating Margin | 25.2% | 25.2% | 20.7% | 25.4% | 26.3% | 14.5% | 16.4% | 16.3% | -3.2% | 6.0% | -10.1% |
| Net Profit Margin | 27.6% | 27.6% | 24.9% | 24.9% | 22.4% | 14.0% | 16.4% | 15.2% | 14.9% | 4.3% | -10.2% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 23.1% | 23.1% | 18.3% | 23.6% | 23.1% | 12.0% | 18.5% | 20.2% | 17.7% | 6.7% | -15.1% |
| ROA | 14.1% | 14.1% | 10.7% | 12.7% | 13.8% | 9.5% | 14.1% | 14.7% | 12.8% | 4.3% | -9.5% |
| ROIC | 13.7% | 13.7% | 9.9% | 17.9% | 28.6% | 15.2% | 22.5% | 34.5% | -4.8% | 10.9% | -17.8% |
| ROCE | 14.8% | 14.8% | 10.2% | 15.0% | 19.5% | 12.2% | 18.2% | 21.4% | -3.8% | 8.9% | -13.9% |
CAMT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Camtek Ltd. carries a Debt/EBITDA ratio of 1.7x, which is manageable (40% below the sector average of 2.9x). Net debt stands at $81M ($207M total debt minus $126M cash). Interest coverage of 98.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.38 | 0.38 | 0.42 | 0.52 | 0.67 | 0.01 | 0.01 | — | — | — | — |
| Debt / EBITDA | 1.74 | 1.74 | 2.83 | 2.33 | 2.68 | 0.06 | 0.07 | — | — | — | — |
| Net Debt / Equity | — | 0.15 | 0.17 | 0.13 | -0.15 | -0.46 | -0.27 | -0.54 | -0.52 | -0.27 | -0.45 |
| Net Debt / EBITDA | 0.68 | 0.68 | 1.14 | 0.60 | -0.60 | -4.20 | -1.51 | -2.50 | — | -2.30 | — |
| Debt / FCF | — | 0.72 | 1.14 | 1.03 | -0.78 | -4.47 | -1.56 | -3.78 | — | — | — |
| Interest Coverage | 98.78 | 98.78 | 37.27 | 74.50 | 162.61 | 145.96 | — | — | -233.62 | 6.66 | -5.36 |
CAMT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Camtek Ltd.'s current ratio of 5.00x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 4.11x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 6.29x to 5.00x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.00 | 5.00 | 5.66 | 6.29 | 5.80 | 4.56 | 4.67 | 3.04 | 3.28 | 2.71 | 2.25 |
| Quick Ratio | 4.11 | 4.11 | 4.77 | 5.55 | 5.14 | 3.87 | 3.92 | 2.27 | 2.51 | 1.90 | 1.60 |
| Cash Ratio | 3.13 | 3.13 | 3.66 | 4.52 | 4.44 | 3.10 | 2.83 | 1.40 | 1.57 | 0.63 | 0.73 |
| Asset Turnover | — | 0.48 | 0.40 | 0.47 | 0.46 | 0.54 | 0.78 | 0.87 | 0.83 | 1.04 | 0.85 |
| Inventory Turnover | 1.97 | 1.97 | 1.95 | 2.46 | 2.25 | 2.08 | 2.91 | 2.07 | 2.25 | 2.38 | 2.03 |
| Days Sales Outstanding | — | 97.11 | 115.01 | 99.17 | 82.45 | 101.82 | 91.69 | 98.04 | 92.77 | 79.34 | 101.34 |
CAMT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Camtek Ltd. pays a dividend yield of 0.6%. A payout ratio of 50.7% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 1.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 1.5% | — | — | — | — | 1.6% | 2.0% | 2.4% | — | — |
| Payout Ratio | 50.7% | 50.7% | — | — | — | — | 29.8% | 27.0% | 35.8% | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.2% | 3.0% | 2.3% | 7.6% | 2.9% | 2.5% | 5.0% | 7.5% | 6.8% | 4.0% | — |
| FCF Yield | — | 2.8% | 2.1% | 4.7% | 2.7% | 2.6% | 5.6% | 5.8% | — | — | — |
| Buyback Yield | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | — | 1.5% | 0.0% | 0.0% | 0.0% | 0.0% | 1.6% | 2.0% | 2.4% | 0.0% | 0.0% |
| Shares Outstanding | — | $49M | $49M | $48M | $45M | $40M | $38M | $37M | $36M | $35M | $33M |
Peer Comparison
Compare CAMT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CAMTYou | $7B | 83.7 | — | — | 48.9% | 25.2% | 23.1% | 13.7% | 1.7 |
 ONTO | $15B | 105.8 | 73.9 | 48.8 | 49.7% | 13.2% | 6.8% | 5.7% | 0.1 |
 KLIC | $5B | 9999.0 | — | 50.9 | 46.8% | -5.3% | 0.0% | -3.7% | — |
 COHU | $2B | -31.2 | — | 217.2 | 34.5% | -13.3% | -9.0% | -5.7% | — |
 ACMR | $4B | 40.4 | 25.5 | — | 44.4% | 12.1% | 6.2% | 7.0% | 2.4 |
 ICHR | $3B | -47.1 | — | — | 9.3% | -4.1% | -7.7% | -3.9% | — |
 KLAC | $239B | 59.8 | 43.1 | 63.8 | 62.3% | 43.1% | 100.8% | 46.5% | 1.1 |
 AMAT | $340B | 49.5 | 40.4 | 59.7 | 48.7% | 29.2% | 35.5% | 33.3% | 0.8 |
 MKSI | $20B | 67.2 | 26.2 | 39.8 | 40.4% | 14.4% | 11.7% | 6.5% | 5.2 |
 FORM | $12B | 216.1 | 104.1 | 990.2 | 39.1% | 8.2% | 5.5% | 5.4% | 0.4 |
 NVMI | $16B | 93.0 | 76.8 | 71.8 | 57.6% | 27.9% | 21.9% | 14.9% | 1.2 |
| Technology Median | — | 27.2 | 17.3 | 19.8 | 48.9% | -0.6% | 2.5% | 3.0% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 26 years · Updated daily
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Start ComparisonCAMT — Frequently Asked Questions
Quick answers to the most common questions about buying CAMT stock.
What is Camtek Ltd.'s P/E ratio?
Camtek Ltd.'s current P/E ratio is 83.7x. The historical average is 24.1x. This places it at the 100th percentile of its historical range.
What is Camtek Ltd.'s ROE?
Camtek Ltd.'s return on equity (ROE) is 23.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 7.4%.
Is CAMT stock overvalued?
Based on historical data, Camtek Ltd. is trading at a P/E of 83.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Camtek Ltd.'s dividend yield?
Camtek Ltd.'s current dividend yield is 0.60% with a payout ratio of 50.7%.
What are Camtek Ltd.'s profit margins?
Camtek Ltd. has 48.9% gross margin and 25.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Camtek Ltd. have?
Camtek Ltd.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.