Camtek Ltd. (CAMT) Key Metrics
CAMT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.04B
- Enterprise value
- $6.72B
- P/E (TTM)
- 199.2 10-yr median 29.1
- Forward P/E
- 29.9
- PEG ratio
- 2.14
- Price / sales
- 12.1 10-yr median 4.5
- Price / book
- 9.7 10-yr median 3.5
- EV / EBITDA
- 153.3 10-yr median 25.4
- Dividend yield
- —
- Beta
- 1.59
CAMT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCAMT valuation Price multiples at each fiscal year-end price.
CAMT returns How much profit the business earns on the capital it uses.
CAMT per-share figures Results divided by the shares outstanding at year-end.
CAMT financial health Debt, liquidity and how easily interest is covered.
CAMT efficiency & capital use Working capital cycle and where the cash goes.
CAMT valuation history
CAMT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CAMT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CAMT cash returned to shareholders
CAMT price vs earnings per share
CAMT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $5.31B | $3.99B | $3.39B | $1.06B | $2.07B | $884.6M | $416.2M | $248.8M | $205.7M | $116.4M |
| Enterprise value | $5.17B | $3.81B | $3.24B | $858.9M | $1.87B | $708.2M | $328.3M | $194.4M | $165.6M | $98.9M |
| P/E ratio | 104.8 | 33.6 | 43.1 | 13.2 | 34.4 | 40.6 | 18.9 | 13.3 | 14.7 | 24.6 |
| Price / sales | 10.7 | 9.3 | 10.7 | 3.3 | 7.7 | 5.7 | 3.1 | 2.0 | 2.2 | 1.1 |
| Price / book | 8.6 | 7.3 | 7.1 | 2.8 | 7.1 | 3.9 | 3.1 | 2.5 | 2.4 | 1.6 |
| Price / free cash flow | 41.7 | 35.6 | 47.6 | 21.4 | 36.4 | 37.9 | 17.9 | 17.1 | — | — |
| Price / operating cash flow | 37.5 | 32.6 | 42.7 | 18.3 | 34.0 | 34.3 | 16.9 | 14.8 | 125.8 | — |
| EV / sales | 10.4 | 8.9 | 10.3 | 2.7 | 6.9 | 4.5 | 2.4 | 1.6 | 1.8 | 0.9 |
| EV / EBITDA | 80.6 | 26.6 | 34.3 | 10.0 | 25.4 | 28.5 | 13.6 | 8.8 | — | 20.4 |
| EV / free cash flow | 40.5 | 33.9 | 45.4 | 17.3 | 32.9 | 30.3 | 14.1 | 13.4 | — | — |
| Earnings yield | 1.0% | 3.0% | 2.3% | 7.5% | 2.9% | 2.5% | 5.3% | 7.5% | 6.8% | 4.1% |
| Free cash flow yield | 2.4% | 2.8% | 2.1% | 4.7% | 2.7% | 2.6% | 5.6% | 5.8% | −0.7% | −16.0% |
| Dividend yield | 0.0% | 1.5% | 0.0% | 0.0% | 0.0% | 0.0% | 1.6% | 2.0% | 2.4% | 4.3% |
| Shareholder yield (dividends + buybacks) | 0.0% | 1.5% | 0.0% | 0.0% | 0.0% | 0.0% | 1.6% | 2.0% | 2.4% | 4.3% |
| Share price at fiscal year-end | $106.34 | $80.77 | $69.38 | $21.96 | $46.04 | $21.91 | $10.83 | $6.77 | $5.72 | $3.29 |
| Per share | ||||||||||
| Revenue per share | $9.93 | $8.69 | $6.45 | $6.65 | $5.99 | $3.86 | $3.49 | $3.35 | $2.60 | $3.10 |
| Earnings per share | $1.02 | $2.40 | $1.61 | $1.66 | $1.34 | $0.54 | $0.57 | $0.51 | $0.39 | $0.13 |
| Operating cash flow per share | $2.84 | $2.48 | $1.62 | $1.20 | $1.35 | $0.64 | $0.64 | $0.46 | $0.05 | −$0.49 |
| Free cash flow per share | $2.55 | $2.27 | $1.46 | $1.03 | $1.26 | $0.58 | $0.61 | $0.40 | −$0.04 | −$0.53 |
| Cash per share | $13.37 | $7.86 | $7.25 | $8.29 | $8.84 | $4.40 | $2.33 | $1.49 | $1.22 | $0.56 |
| Book value per share | $12.35 | $11.13 | $9.74 | $7.96 | $6.52 | $5.63 | $3.55 | $2.76 | $2.34 | $2.07 |
| Tangible book value per share | $10.66 | $9.35 | $7.88 | $7.95 | $6.51 | $5.61 | $3.53 | $2.75 | $2.33 | $2.05 |
| Dividends per share | $0.00 | $1.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.14 | $0.14 | $0.14 |
| Capex per share | $0.29 | $0.20 | $0.17 | $0.17 | $0.09 | $0.06 | $0.04 | $0.06 | $0.09 | $0.04 |
| Debt per share | $10.40 | $4.19 | $4.12 | $4.14 | $4.39 | $0.04 | $0.04 | $0.02 | $0.10 | $0.06 |
| Shares outstanding | 50.0M | 49.4M | 48.9M | 48.2M | 45.0M | 40.4M | 38.4M | 36.7M | 36.0M | 35.4M |
| Change in shares outstanding | +1.2% | +1.0% | +1.3% | +7.1% | +11.6% | +5.0% | +4.6% | +2.2% | +1.7% | +6.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.7% | 23.1% | 18.3% | 23.6% | 23.1% | 12.0% | 18.5% | 20.2% | 17.7% | 6.7% |
| Return on invested capital (ROIC) | 29.7% | 28.2% | 23.1% | 53.3% | 82.4% | 42.4% | 42.1% | 39.6% | −4.8% | 11.7% |
| Return on assets (ROA) | 4.7% | 14.1% | 10.7% | 12.7% | 13.8% | 9.5% | 14.1% | 14.7% | 12.8% | 4.3% |
| Return on tangible assets | 4.3% | 14.7% | 11.3% | 11.8% | 10.3% | 7.5% | 12.9% | 13.3% | 12.4% | 4.5% |
| Free cash flow margin | 25.7% | 26.1% | 22.6% | 15.5% | 21.1% | 15.0% | 17.4% | 11.8% | −1.6% | −17.0% |
| Income quality (OCF / net income) | 2.80 | 1.03 | 1.01 | 0.72 | 1.01 | 1.18 | 1.12 | 0.90 | 0.12 | −3.66 |
| Financial health | ||||||||||
| Total debt | $519.8M | $207.1M | $201.2M | $199.4M | $197.6M | $1.4M | $1.6M | $597,000 | $3.6M | $2.3M |
| Cash & short-term investments | $668.2M | $388.0M | $354.0M | $399.7M | $397.9M | $177.8M | $89.5M | $54.9M | $43.7M | $19.7M |
| Net debt | −$148.3M | −$181.0M | −$152.9M | −$200.2M | −$200.4M | −$176.4M | −$87.9M | −$54.3M | −$40.2M | −$17.4M |
| Debt / equity | 0.84 | 0.38 | 0.42 | 0.52 | 0.67 | 0.01 | 0.01 | 0.01 | 0.04 | 0.03 |
| Debt / assets | 0.41 | 0.23 | 0.26 | 0.29 | 0.34 | 0.00 | 0.01 | 0.00 | 0.03 | 0.02 |
| Net debt / EBITDA | −2.31 | −1.27 | −1.62 | −2.34 | −2.72 | −7.10 | −3.65 | −2.47 | — | −3.60 |
| Current ratio | 8.35 | 5.00 | 5.66 | 6.29 | 5.80 | 4.56 | 4.67 | 3.04 | 3.28 | 2.71 |
| Quick ratio | 7.31 | 4.11 | 4.77 | 5.55 | 5.14 | 3.87 | 3.92 | 2.27 | 2.51 | 1.90 |
| Interest coverage | 77.4 | 98.8 | 37.3 | 50.7 | 18.5 | 7.5 | 5.4 | 27.5 | -20.2 | 6.7 |
| Working capital | $789.6M | $496.1M | $450.1M | $468.5M | $430.5M | $204.5M | $116.1M | $80.1M | $63.6M | $53.6M |
| Invested capital | $468.7M | $368.3M | $323.3M | $183.9M | $93.3M | $50.9M | $48.4M | $47.1M | $44.1M | $55.9M |
| Tangible asset value | $532.6M | $461.5M | $384.9M | $383.5M | $293.0M | $226.7M | $135.8M | $100.9M | $83.8M | $72.5M |
| Net current asset value | $254.2M | $277.3M | $235.3M | $264.0M | $228.2M | $199.8M | $112.6M | $79.2M | $62.7M | $52.7M |
| Graham number | $16.79 | $24.51 | $18.78 | $17.24 | $14.01 | $8.27 | $6.76 | $5.63 | $4.52 | $2.50 |
| Graham net-net per share | $2.99 | $3.78 | $3.27 | $4.25 | $4.02 | $4.17 | $2.38 | $1.49 | $1.21 | $0.77 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $60.0M | $0 | $0 | $0 | $0 | $6.6M | $5.1M | $5.0M | $5.0M |
| Share buybacks (net) | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 0.0% | 50.7% | 0.0% | 0.0% | 0.0% | 0.0% | 29.8% | 27.0% | 35.8% | 105.6% |
| Dividends + buybacks / free cash flow | 0.0% | 53.5% | 0.0% | 0.0% | 0.0% | 0.0% | 28.2% | 34.8% | — | — |
| Capex / revenue | 2.9% | 2.4% | 2.6% | 2.6% | 1.5% | 1.5% | 1.0% | 1.8% | 3.4% | 1.2% |
| Capex / operating cash flow | 10.1% | 8.3% | 10.2% | 14.2% | 6.7% | 9.4% | 5.5% | 13.4% | 191.9% | — |
| Capex / depreciation | 1.22 | 0.95 | 1.40 | 1.53 | 1.45 | 1.08 | 0.64 | 1.14 | 1.48 | 0.66 |
| Stock-based compensation / revenue | 3.4% | 3.4% | 4.0% | 3.3% | 2.2% | 2.7% | 2.2% | 1.4% | 0.7% | 0.4% |
| R&D / revenue | 9.7% | 8.9% | 10.0% | 9.0% | 8.7% | 12.6% | 12.2% | 11.8% | 14.5% | 14.5% |
| SG&A / revenue | 14.9% | 14.8% | 16.1% | 15.4% | 15.9% | 19.9% | 19.8% | 21.3% | 23.6% | 23.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 75.4 | 90.8 | 108.0 | 84.2 | 70.6 | 90.3 | 90.9 | 84.3 | 117.0 | 106.0 |
| Days of inventory on hand | 165.9 | 164.0 | 164.8 | 140.9 | 135.9 | 140.3 | 142.1 | 150.5 | 178.0 | 159.7 |
| Days payables outstanding | 59.6 | 73.9 | 80.4 | 73.9 | 83.8 | 85.1 | 70.8 | 76.2 | 89.4 | 74.6 |
| Cash conversion cycle (days) | 181.7 | 180.9 | 192.4 | 151.2 | 122.7 | 145.6 | 162.2 | 158.7 | 205.6 | 191.1 |
| Receivables turnover | 4.84 | 4.02 | 3.38 | 4.33 | 5.17 | 4.04 | 4.02 | 4.33 | 3.12 | 3.44 |
| Payables turnover | 6.12 | 4.94 | 4.54 | 4.94 | 4.36 | 4.29 | 5.15 | 4.79 | 4.08 | 4.89 |
| Inventory turnover | 2.20 | 2.22 | 2.22 | 2.59 | 2.69 | 2.60 | 2.57 | 2.43 | 2.05 | 2.29 |
| Asset turnover | 0.46 | 0.51 | 0.43 | 0.51 | 0.62 | 0.68 | 0.86 | 0.97 | 0.86 | 0.99 |
| Average receivables | $102.5M | $106.8M | $93.3M | $74.0M | $52.2M | $38.6M | $33.4M | $28.5M | $30.0M | $31.8M |
| Average payables | $40.2M | $44.4M | $36.9M | $32.6M | $30.4M | $19.3M | $13.4M | $13.0M | $11.7M | $12.4M |
| Average inventory | $111.7M | $98.6M | $75.7M | $62.1M | $49.2M | $31.8M | $27.0M | $25.7M | $23.4M | $26.5M |
| Intangibles / total assets | 6.7% | 9.8% | 11.6% | 0.1% | 0.1% | 0.2% | 0.3% | 0.3% | 0.4% | 0.8% |
Computed from CAMT's annual financial statements (latest annual report filed March 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CAMT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Camtek traded at 104.8 times earnings, against a 10-year median of 29.1. Based on the latest twelve months, the trailing P/E is 199.2 and the forward P/E is 29.9. Camtek earned a return on equity of 8.7% and a return on invested capital of 29.7% in fiscal 2025. It ended the year with $519.8 million of debt and $668.2 million in cash and short-term investments, a net cash position of $148.3 million. The share count rose 41.3% from 35.4M to 50.0M over 9 years.
See the CAMT income statement, the CAMT chart for price history, or the CAMT stock overview for the latest quote and news.
CAMT key metrics FAQ
What is Camtek's P/E ratio?
Camtek's trailing P/E ratio is 199.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 29.9. At the end of fiscal 2025 it was 104.8, compared with a 10-year median of 29.1.
What is Camtek's EV/EBITDA?
Camtek's enterprise value was 80.6 times EBITDA at the end of fiscal 2025 (enterprise value $5.2 billion, EBITDA $64.1 million); the current EV/EBITDA is 153.3.
What is Camtek's return on equity?
Camtek's return on equity (ROE) was 8.7% in fiscal 2025: net income of $50.7 million on average shareholders' equity of $583.1 million.
What is Camtek's ROIC?
Camtek's return on invested capital was 29.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Camtek have?
Camtek had total debt of $519.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.84 and more cash than debt.
Does Camtek pay a dividend?
Camtek did not pay a dividend in fiscal 2025.
What is Camtek's free cash flow yield?
Camtek generated $127.5 million of free cash flow in fiscal 2025, a free cash flow yield of 2.4% on its market value at year-end ($5.3 billion).
What is Camtek's current ratio?
Camtek's current ratio was 8.35 at the end of fiscal 2025: current assets were 8.35 times current liabilities.