Saturday 17 October 2026
Export CAMT’s income statement to Excel — free account
Camtek Ltd.
CAMT Technology Semiconductor Equipment & Materials
Camtek Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $496.1 million, up 15.6% from fiscal 2024. In the quarter to June 2026, revenue grew 12.3%, EPS fell 33.3%, free cash flow grew 952.4% and total debt rose 146.1%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.
129.47
1.91
−1.45%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
100.33 | 30.95 | 38.33 | 12.29 | 33.36 | 39.84 | 18.36 | 13.02 | 14.74 | 28.84 |
Piotroski F-Score |
5 | 7 | 4 | 4 | 7 | 4 | 4 | 6 | 7 | 4 |
Altman Z-Score |
6.45 | 8.48 | 7.83 | 4.10 | 5.78 | 10.47 | 9.51 | 5.89 | 5.74 | 3.58 |
P/S ratio |
10.03 | 8.52 | 9.57 | 3.08 | 6.72 | 5.54 | 3.04 | 1.99 | 2.18 | 1.48 |
P/FCF ratio |
21.01 | 18.11 | 19.15 | 10.50 | 28.30 | 29.31 | 10.78 | 11.24 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
6.80 | 7.37 | 7.06 | 7.68 | 7.38 | 9.79 | 10.24 | 7.83 | 6.81 | 5.84 |
Beneish M-Score |
(3.01) | (2.36) | (1.96) | (1.57) | (1.52) | (2.37) | (2.60) | (2.24) | (2.45) | (1.79) |
P/Operating CF |
103.26 | 29.92 | 138.24 | 45.26 | 83.08 | 103.60 | 62.75 | 14.59 | 124.64 | (6.76) |
P/B ratio |
7.89 | 6.66 | 6.34 | 2.57 | 6.18 | 3.80 | 2.99 | 2.42 | 2.42 | 1.60 |
Price to Tangible BV |
9.14 | 7.92 | 7.84 | 2.58 | 6.19 | 3.81 | 3.00 | 2.43 | 2.43 | 1.61 |
EV/Sales |
9.73 | 8.08 | 9.08 | 2.45 | 5.98 | 4.42 | 2.39 | 1.57 | 1.74 | 1.23 |
EV/EBITDA |
37.58 | 32.11 | 43.77 | 9.66 | 22.23 | 28.94 | 13.92 | 9.64 | 0.00 | 48.35 |
EV/Operating CF |
18.06 | 15.04 | 15.66 | 7.21 | 23.28 | 21.36 | 7.75 | 6.32 | (36.55) | (18.73) |
EV/FCF |
20.38 | 17.18 | 18.17 | 8.36 | 25.17 | 23.39 | 8.49 | 8.86 | (12.32) | (8.63) |
Quick Ratio |
7.07 | 3.93 | 4.57 | 5.43 | 5.08 | 3.81 | 3.83 | 2.24 | 2.40 | 1.33 |
Current Ratio |
8.35 | 5.00 | 5.66 | 6.29 | 5.80 | 4.56 | 4.67 | 3.08 | 3.28 | 2.72 |
Net Debt/EBITDA |
(1.06) | (1.59) | (2.17) | (2.35) | (2.75) | (7.13) | (3.68) | (2.50) | 47.81 | (4.96) |
Debt/Assets |
41.26% | 22.19% | 24.99% | 28.91% | 33.34% | 0.24% | 0.46% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.84 | 0.36 | 0.41 | 0.51 | 0.66 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.46 | 0.51 | 0.43 | 0.51 | 0.62 | 0.68 | 0.86 | 0.97 | 0.86 | 0.71 |
Operating CF/Net income |
2.80 | 1.03 | 1.01 | 0.72 | 1.01 | 1.18 | 1.12 | 0.90 | 0.12 | (3.66) |
Capex/Depreciation |
(1.25) | (0.88) | (1.20) | (1.60) | (1.43) | (1.18) | (0.64) | (1.15) | (1.52) | (0.75) |
| 8.70% | 23.12% | 18.28% | 23.59% | 23.14% | 11.98% | 18.50% | 20.17% | 17.71% | 6.69% | |
| 4.71% | 14.11% | 10.74% | 12.68% | 13.83% | 9.50% | 14.10% | 14.72% | 12.77% | 4.27% | |
ROIC |
17.10% | 18.81% | 12.82% | 28.27% | 49.06% | 28.21% | 28.89% | 26.94% | (4.68%) | 2.35% |
Return on Tangible Assets |
5.93% | 21.53% | 15.98% | 15.94% | 13.22% | 9.68% | 16.33% | 19.17% | 17.66% | 6.98% |
Average Days of Receivables |
66.83 | 84.59 | 101.04 | 91.69 | 78.27 | 96.02 | 85.63 | 93.77 | 90.40 | 101.66 |
Research and Development Expense of Revenue |
9.75% | 8.92% | 9.98% | 8.99% | 8.70% | 12.56% | 12.19% | 11.84% | 14.48% | 15.94% |
Selling, General and Administrative Expense of Revenue |
14.87% | 14.82% | 16.09% | 15.42% | 15.94% | 19.91% | 19.76% | 21.26% | 23.56% | 27.64% |
Intangible Assets out of Total Assets |
0.07 | 0.10 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
3.41% | 3.38% | 3.99% | 3.28% | 2.16% | 2.72% | 2.16% | 1.36% | 0.68% | 0.54% |
Graham Net Nets |
0.05 | 0.08 | 0.08 | 0.27 | 0.13 | 0.23 | 0.28 | 0.32 | 0.31 | 0.46 |
Graham Number |
0.00 | 26.69 | 20.53 | 18.87 | 15.22 | 8.45 | 6.93 | 5.73 | 4.57 | 2.32 |
Earnings Yield |
1.00% | 3.23% | 2.61% | 8.14% | 3.00% | 2.51% | 5.45% | 7.68% | 6.78% | 3.47% |
Free Cash Flow Yield |
4.76% | 5.52% | 5.22% | 9.53% | 3.53% | 3.41% | 9.28% | 8.89% | (6.49%) | (9.64%) |
Revenue per Share |
10.85 | 9.48 | 7.05 | 7.27 | 6.85 | 3.96 | 3.56 | 3.40 | 2.64 | 2.24 |
Operating CF per Share |
3.10 | 2.70 | 1.77 | 1.31 | 1.55 | 0.65 | 0.65 | 0.46 | 0.05 | (0.49) |
Capex per Share |
(0.32) | (0.23) | (0.18) | (0.19) | (0.11) | (0.07) | (0.04) | (0.06) | (0.09) | (0.04) |
Free Cash Flow per Share |
2.78 | 2.47 | 1.59 | 1.12 | 1.44 | 0.59 | 0.62 | 0.40 | (0.04) | (0.53) |
Cash per Share |
14.62 | 8.57 | 7.92 | 9.05 | 10.10 | 4.52 | 2.38 | 1.52 | 1.23 | 0.56 |
Shareholders Equity per Share |
13.50 | 12.13 | 10.65 | 8.70 | 7.46 | 5.77 | 3.62 | 2.80 | 2.38 | 2.08 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
13.50 | 12.13 | 10.65 | 8.70 | 7.46 | 5.77 | 3.62 | 2.80 | 2.38 | 2.08 |
Free Cash Flow |
127.07 | 111.88 | 71.05 | 49.51 | 56.78 | 23.13 | 23.26 | 14.53 | (1.59) | (18.82) |
Working Capital |
789.57 | 496.15 | 450.11 | 468.46 | 430.49 | 204.53 | 116.10 | 80.58 | 63.55 | 54.10 |
Capital Expenditures |
(14.80) | (10.36) | (8.27) | (8.29) | (4.18) | (2.63) | (1.36) | (2.26) | (3.22) | (1.48) |
Net Current Asset Value |
254.17 | 277.25 | 235.27 | 263.98 | 230.05 | 201.27 | 113.64 | 79.16 | 62.71 | 53.44 |
EV/EBIT |
36.93 | 32.11 | 43.77 | 9.66 | 22.75 | 30.44 | 14.61 | 9.64 | 0.00 | 48.35 |
Capex to Sales |
0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 |
Price to Operating Income |
38.07 | 33.84 | 46.13 | 12.12 | 25.57 | 38.14 | 18.55 | 12.23 | 0.00 | 58.13 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.18 | 0.22 | 0.16 | 0.16 | 0.12 | 0.11 | 0.12 | 0.11 | 0.14 | 0.14 |
Cash ROIC |
7.04% | 9.86% | 6.92% | 5.05% | 6.41% | 5.70% | 10.27% | 9.30% | (1.24%) | (20.22%) |
Accounts Receivable Turnover |
5.21 | 4.60 | 3.76 | 4.64 | 5.46 | 4.30 | 4.25 | 4.50 | 4.13 | 3.19 |
Accounts Payable Turnover |
6.12 | 4.94 | 4.54 | 4.94 | 4.36 | 4.29 | 5.15 | 4.79 | 4.61 | 4.23 |
Inventory Turnover |
2.20 | 2.23 | 2.22 | 2.59 | 2.69 | 2.60 | 2.57 | 2.43 | 2.53 | 2.11 |
Average Days of Payables |
50.02 | 77.62 | 91.80 | 71.77 | 92.55 | 120.06 | 59.75 | 90.94 | 79.92 | 80.47 |
Days of Inventory on Hand |
166.64 | 185.10 | 186.93 | 148.54 | 162.09 | 175.53 | 125.49 | 176.18 | 162.36 | 130.00 |
Average Receivables |
95.15 | 93.39 | 83.96 | 69.22 | 49.41 | 36.22 | 31.54 | 27.40 | 22.61 | 24.81 |
Average Payables |
40.15 | 44.41 | 36.93 | 32.61 | 30.37 | 19.26 | 13.44 | 13.02 | 10.40 | 11.06 |
Average Inventory |
111.70 | 98.55 | 75.72 | 62.15 | 49.25 | 31.77 | 26.96 | 25.72 | 18.99 | 22.12 |
Average Assets |
1,075.94 | 839.85 | 732.38 | 630.42 | 435.83 | 229.14 | 155.96 | 127.29 | 109.30 | 110.91 |
Average Common Equity |
583.12 | 512.69 | 430.13 | 338.86 | 260.45 | 181.78 | 118.85 | 92.85 | 78.83 | 70.78 |
Columns are period end dates