Applied Optoelectronics, Inc. (AAOI) vs Camtek Ltd. (CAMT)
CAMT leads on 6 of 8 compared metrics.
A side-by-side comparison of Applied Optoelectronics, Inc. and Camtek Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AAOI
Applied Optoelectronics, Inc.
$103.02TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT
CAMT
Camtek Ltd.
$147.09TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — AAOI vs CAMT
growth of $100 · dividends reinvested · last 13yAAOI +934.3%CAMT +9168.8%CAMT compounded faster
Log scale — wide-divergence pair
AAOI CAMT
AAOI vs CAMT: by the numbers
- •AAOI is the larger company ($8.27B vs $6.86B market cap).
- •CAMT is profitable (9.63% net margin) while AAOI runs a net loss (-8.55%).
- •CAMT grew revenue faster over the past five years (22.22% vs 15.77% CAGR).
Which is better, AAOI or CAMT?
Metric tally: AAOI 2 · CAMT 6It depends on what you're optimizing for:
GrowthCAMT(faster 5Y revenue CAGR)
QualityCAMT(higher ROIC)
Metrics side by side
Valuation
| Metric | AAOI | CAMT |
|---|---|---|
| P/E ratio | — | 173.05 |
| Forward P/E | 99.67 | — |
| P/S ratio | 15.44 | 15.17 |
| P/B ratio | 7.08● | 11.09 |
| PEG ratio | — | 11.48 |
| EV / EBITDA | — | 64.02 |
| FCF yield | — | 0.91% |
Profitability
| Metric | AAOI | CAMT |
|---|---|---|
| Gross margin | 29.64% | 50.23%● |
| Operating margin | -11.57% | 24.60%● |
| Net margin | -8.55% | 9.63%● |
| ROE | -3.92% | 7.04%● |
| ROIC | -4.71% | 10.78%● |
Growth (annualized)
| Metric | AAOI | CAMT |
|---|---|---|
| Revenue CAGR (5Y) | 15.77% | 22.22%● |
| EPS CAGR (5Y) | — | 15.08% |
| FCF CAGR (5Y) | — | 21.66% |
| Total return CAGR (5Y) | 69.30%● | 33.85% |
Frequently asked
- Which is better, AAOI or CAMT?
- It depends on your goal. growth: CAMT (faster 5Y revenue CAGR); quality: CAMT (higher ROIC). Across all compared metrics, CAMT leads 6 to 2.
- Which has grown faster, AAOI or CAMT?
- Over the past five years, CAMT grew revenue faster — AAOI at a 15.77% CAGR versus CAMT at 22.22%.
- Is AAOI or CAMT more profitable?
- CAMT runs the higher net margin — AAOI at -8.55% versus CAMT at 9.63%.
- Which has been the better investment, AAOI or CAMT?
- Over the past 10-year, CAMT delivered the higher annualized total return — AAOI at 24.14% versus CAMT at 51.74%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Applied Optoelectronics P/E ratioCamtek P/E ratioApplied Optoelectronics dividend yieldCamtek dividend yieldApplied Optoelectronics ROECamtek ROEApplied Optoelectronics operating marginCamtek operating marginApplied Optoelectronics revenue growthCamtek revenue growthApplied Optoelectronics free cash flowCamtek free cash flow
Applied Optoelectronics & Camtek appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 20, 2026.