Camtek Ltd. (CAMT) vs Qnity Electronics, Inc. (Q)

Camtek Ltd. and Qnity Electronics, Inc. are both Semiconductor Equipment & Materials companies. Qnity Electronics, Inc. is the larger, with a market value of $23.0B against $4.3B — 5.4× the size. Qnity Electronics, Inc. trades at the lower P/E: 40.6× against 122×. Qnity Electronics, Inc. grew revenue faster over the last twelve months: 16.5% against 11.8%. Qnity Electronics, Inc. has the higher net margin (10.2% vs 7.03%) and the lower return on invested capital (6.36% vs 13.0%). Across the 20 metrics below, Qnity Electronics, Inc. leads on 13 and Camtek Ltd. on 7.

Valuation

Metric CAMT Q Semiconductor Equipment & Materials median
P/E 121.83 40.63 33.70
P/S 8.57 4.22 4.22
P/B 6.08 2.94 2.94
Price to free cash flow 18.65 29.62 31.49
EV/EBITDA 33.92 18.37 22.64
EV/Sales 8.29 4.75 4.97
Earnings yield 0.82% 2.46% 2.02%
Free cash flow yield 5.36% 3.38% 2.27%

Profitability

Metric CAMT Q Semiconductor Equipment & Materials median
Gross margin 50.23% 46.92% 46.86%
Operating margin 23.46% 20.00% 12.02%
Net margin 7.03% 10.16% 10.16%
Free cash flow margin 0.00% 14.26% 6.73%
Return on equity 5.31% 6.46% 5.31%
Return on assets 3.07% 4.10% 4.10%
Return on invested capital 13.01% 6.36% 6.36%

Growth

Metric CAMT Q Semiconductor Equipment & Materials median
Revenue growth (TTM) 11.83% 16.51% 15.82%
EPS growth (last fiscal year) (57.02%) (4.56%) (4.56%)
Revenue growth, 5-year CAGR 26.06% — 10.11%
Net income growth, 5-year CAGR 18.42% — 0.00%

Health

Metric CAMT Q Semiconductor Equipment & Materials median
Debt to equity 0.69 0.51 0.09
Current ratio 7.38 2.09 3.56
Net debt to EBITDA (1.06) 2.31 (0.49)

Dividend

Metric CAMT Q Semiconductor Equipment & Materials median
Dividend yield 0.00% — 0.59%
Payout ratio 0.00 — 0.16

Size

Metric CAMT Q Semiconductor Equipment & Materials median
Market cap 4.29b 23.02b 3.04b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack