Camtek Ltd. (CAMT) DCF Valuation
Why we don't show a single “fair value” for CAMT
Even the optimistic scenario of a conservative trailing-FCF model ($43.49) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 12.5% | $25.57 |
| Base case | 18.0%/yr | 11.5% | $34.03 |
| Optimistic | 20.0%/yr | 10.5% | $43.49 |
| Analyst DCF (FMP) | independent reference — different model | $31.61 | |
Current Price
$193.27
Market-Implied Growth
—
Base-Case Model Value
$34.03
model output — not a price target
CAMT DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for CAMT (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $91.7M · 0.05B shares · net debt $342.0M
Estimated Fair Value
$60.37
-68.8% vs $193.27
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $193.27; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.5% | $77.02 | $80.88 | $85.29 | $90.37 | $96.30 |
| 10.5% | $65.27 | $68.05 | $71.19 | $74.74 | $78.80 |
| 11.5% | $56.01 | $58.07 | $60.37 | $62.94 | $65.83 |
| 12.5% | $48.55 | $50.12 | $51.84 | $53.75 | $55.87 |
| 13.5% | $42.43 | $43.64 | $44.97 | $46.42 | $48.01 |
About Camtek Ltd.
Camtek Ltd., operating with its subsidiaries, is dedicated to the development, manufacturing, and global distribution of advanced inspection and precision measurement tools. These critical systems serve a variety of specialized segments within the semiconductor industry, encompassing areas such as sophisticated interconnect packaging, memory components, CMOS image sensors, micro-electromechanical systems (MEMS), and radio frequency (RF) devices, among others. The company's product lineup includes key inspection and metrology platforms: Eagle-i: Provides two-dimensional (2D) inspection and measurement capabilities. Eagle-AP: Specifically designed for the advanced packaging sector, this system leverages innovative software and hardware to deliver superior 2D and 3D inspection and metrology functionalities from a single integrated platform. Golden Eagle: A dedicated panel inspection and metrology solution engineered to support fan-out wafer-level packaging applications. Camtek's market reach spans several key regions, including the Asia Pacific, the United States, and Europe, where it sells its innovative offerings. The company was founded in 1987 and its main office is situated in Migdal HaEmek, Israel.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Rafi Amit