Company Valuation: Camtek Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,018 974.7 3,114 3,666 4,867 6,796 - -
Change - -51.71% 219.46% 17.73% 32.76% 39.64% - -
Enterprise Value (EV) 1 2,018 974.7 3,114 3,666 4,719 6,431 6,245 6,044
Change - -51.71% 219.46% 17.73% 28.72% 36.29% -2.9% -3.21%
P/E 34.4x 13.2x 43.1x 33.4x 102x 47.2x 35.5x 31.9x
PBR 7.06x 2.76x 6.54x 6.68x 7.9x 8.68x 6.73x 5.03x
PEG - 0.6x -14.31x 0.7x -1.8x 0x 1.1x 2.8x
Capitalization / Revenue 7.49x 3.04x 9.87x 8.54x 9.81x 11.9x 9.74x 8.6x
EV / Revenue 7.49x 3.04x 9.87x 8.54x 9.51x 11.3x 8.95x 7.65x
EV / EBITDA 25.4x 10.1x 34.9x 26x 33.7x 37.4x 26.8x 24.1x
EV / EBIT 26.3x 10.6x 37.4x 28.1x 31.6x 38.6x 27.7x 22.7x
EV / FCF - - - 32.7x 37x 57.8x 31.3x 36.7x
FCF Yield - - - 3.06% 2.7% 1.73% 3.2% 2.72%
Dividend per Share 2 - - - 1.33 - - - -
Rate of return - - - 1.65% - - - -
EPS 2 1.34 1.66 1.61 2.42 1.04 3.129 4.16 4.633
Distribution rate - - - 55% - - - -
Net sales 1 269.7 320.9 315.4 429.2 496.1 571.3 698.1 790.1
EBITDA 1 79.52 96.12 89.13 141 140 171.7 232.6 251.3
EBIT 1 76.71 92.02 83.34 130.3 149.1 166.7 225.1 266.7
Net income 1 60.28 79.95 78.63 118.5 50.72 163.8 220.1 316.2
Net Debt 1 - - - - -148.3 -365 -551.3 -751.9
Reference price 2 46.04 21.96 69.38 80.77 106.34 147.60 147.60 147.60
Nbr of stocks (in thousands) 43,842 44,385 44,880 45,388 45,766 46,044 - -
Announcement Date 2/10/22 2/16/23 2/20/24 2/12/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
47.18x11.26x37.45x-.--% 6.8B
38.2x12.76x29.59x0.62% 650B
54.67x16.53x44.23x0.34% 385B
35.15x7.81x24.35x1.37% 169B
31.82x3.45x15.85x1.66% 80.51B
54.31x17.66x36.66x0.69% 26.55B
53.29x7.05x24.6x0.28% 22.24B
22.04x3.21x13.74x1.38% 16.43B
53.14x9.63x30.65x - 13.73B
21.12x1.89x9.3x0.62% 13.38B
Average 41.09x 9.12x 26.64x 0.77% 138.32B
Weighted average by Cap. 42.42x 12.40x 31.94x 0.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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