Company Analysis

Camtek Ltd. (CAMT)

Nasdaq: CAMT · Optical Instruments & Lenses · filing with the SEC since 2000
Grade6.0
◀ Past 6.9● Present 5.4▶ Future 5.9
1 est.

The grade of Camtek Ltd.

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past6.930% of the headline
● Present5.440% of the headline
▶ Future5.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 75th percentile among 24 sector filers · read for itself

From the record

Camtek Ltd.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.5/10

What has it actually done, year after year?

+22.6% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 85th percentile among 23 sector filers · read for its customers

From the record

Camtek Ltd.'s 10 filed years say what it did: revenue went from $79 million in fiscal 2016 to $496 million in fiscal 2025, up 22.6% a year; it rose in 8 of 9 years; the deepest fall was 2% from fiscal 2022 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span22.6%top 15% of its family
  • the share of years revenue rosetop 17% of its family
  • the share of filed years with a profittop 17% of its family
  • the deepest fall from a revenue peak1.7%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.7/10

How has it treated the people who own it?

Share count grew 1.2% a year. 0% of cash flow returned. Insiders: 13 sales, 0 purchases.

weight 22% of this tense · 27th percentile among 16 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Camtek Ltd.'s diluted share count grew about 1.2% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 13 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 35% of its family
  • cash returned against operating cash flowbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE 8%: 8¢ of profit per shareholder dollar. Leverage 51%: owes 51¢ per asset dollar.

weight 45% of this tense · 48th percentile among 24 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Camtek Ltd. earned about 8 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 20 cents per dollar of everything the company owns. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 44% of its family
  • return on equitytop 40% of its family
  • gross profit against assetsbottom 23% of its family
  • the share count against the year beforetop 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 23 in its family; net margin 10.2%.

weight 33% of this tense · 65th percentile among 23 sector filers · read for its customers

From the record

Camtek Ltd.'s standing among 23 graded names in its industry family: revenue of $496 million in fiscal 2025 ranks in the bottom 39% by size; a net margin of 10.2% ranks in the top 33%; revenue growth of 15.6% a year over the last 3 filed years ranks in the top 11% (its annual reports).

What it rests on

  • revenue against the family$496Mbottom 39% of its family
  • net margin10.2%top 33% of its family
  • three-year revenue growth15.6%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.1/10

What are the people in charge doing?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 19 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 19 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 19 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Camtek Ltd.'s leadership is put at 5.1 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-13 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 19 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.2/10

How much room does it have to grow?

top 28% of 23 in its family for room to expand.

weight 45% of this tense · 72nd percentile among 23 sector filers · read for itself

From the record

Camtek Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $178 million against no long-term debt tagged leaves 14.1% of its assets as net cash, top 31% of its family; cash from operations less capital spending is 25.7% of revenue (top 16%); a gross margin of 50.5% (top 32%); research spending of 9.7% of revenue (top 32%) (its annual report).

What it rests on

  • cash less debt against assets14.1%top 31% of its family
  • cash from operations less capital spending against revenue25.7%top 16% of its family
  • gross margin50.5%top 32% of its family
  • research spending against revenue9.7%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.8/10

What could actually drive growth from here?

top 32% of 23 in its family for growth drivers.

weight 33% of this tense · 68th percentile among 23 sector filers · read for its customers

From the record

Camtek Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.6% a year over the last three filed years against 22.6% over all 10, slowing (bottom 24% of its family); the newest year grew 15.6% (top 28%); research spending grew 18.8% a year (top 3%); capital spending grew 20.6% a year (top 20%) (its annual reports). Camtek Ltd. reported 2 product lines in fiscal 2025: Sales of Products at $469 million (94%), Service Fees at $28 million (6%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-7.0 points a yearbottom 24% of its family
  • the newest year's revenue growth15.6%top 28% of its family
  • three-year growth of research spending18.8%top 3% of its family
  • three-year growth of capital spending20.6%top 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.0/10

Did its newest year beat what its own record pointed to?

bottom 20% of 22 in its family for expectations against reality.

weight 22% of this tense · 20th percentile among 22 sector filers · read for its shareholders

From the record

Camtek Ltd.'s newest year against its own record: revenue of $496 million in fiscal 2025 came in 0.1% below the $496 million its prior three years' pace pointed to (bottom 39% of its family); net income of $51 million against a prior three-year average of $92 million (bottom 16%); a net margin of 10.2% against 25.8% before (bottom 7%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-0.1%bottom 39% of its family
  • net income against the prior three years' average-45%bottom 16% of its family
  • net margin against its prior average-15.6 pointsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CAMT · research, not advice