Camtek Historical Income Statement

CAMT Stock  USD 85.96  1.09  1.25%   
Historical analysis of Camtek income statement accounts such as Interest Expense of 1.1 M, Selling General Administrative of 10.6 M or Total Revenue of 331.1 M can show how well Camtek performed in making a profits. Evaluating Camtek income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Camtek's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Camtek latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Camtek is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.

About Camtek Income Statement Analysis

Camtek Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Camtek shareholders. The income statement also shows Camtek investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Camtek Income Statement Chart

Camtek Income Statement is one of the three primary financial statements used for reporting Camtek's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Camtek revenue and expense. Camtek Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Camtek's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 82.6 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 41.4 M in 2024.

Total Revenue

Total revenue comprises all receipts Camtek generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Camtek minus its cost of goods sold. It is profit before Camtek operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Camtek. It is also known as Camtek overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Camtek's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Camtek current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.At this time, Camtek's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 82.6 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 41.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit137.3M159.9M147.6M155.0M
Total Revenue269.7M320.9M315.4M331.1M

Camtek income statement Correlations

0.130.30.890.860.920.770.850.940.860.920.660.850.70.820.820.670.85-0.290.490.750.93-0.260.940.82
0.13-0.250.360.380.340.380.330.360.330.340.420.290.410.310.120.460.32-0.440.460.480.0-0.450.040.13
0.3-0.250.230.210.240.210.210.220.210.250.220.20.20.20.210.140.17-0.1-0.130.120.24-0.090.220.29
0.890.360.231.00.990.960.980.970.981.00.810.970.890.960.740.90.97-0.390.630.930.77-0.370.820.81
0.860.380.211.00.990.970.980.950.980.990.820.980.90.960.710.920.98-0.390.640.940.73-0.370.780.8
0.920.340.240.990.990.930.960.980.961.00.810.960.850.930.740.870.96-0.350.630.90.8-0.330.840.81
0.770.380.210.960.970.930.950.870.950.940.760.970.950.980.740.930.98-0.470.550.960.67-0.450.720.76
0.850.330.210.980.980.960.950.911.00.970.730.960.920.970.750.890.97-0.460.640.950.8-0.440.840.82
0.940.360.220.970.950.980.870.910.920.980.80.910.780.870.730.810.91-0.350.610.850.79-0.330.830.78
0.860.330.210.980.980.960.951.00.920.970.730.960.910.970.760.890.97-0.460.640.950.81-0.440.850.83
0.920.340.251.00.991.00.940.970.980.970.80.960.870.950.760.880.96-0.40.620.920.8-0.380.840.82
0.660.420.220.810.820.810.760.730.80.730.80.760.630.710.40.890.74-0.150.570.70.44-0.140.510.78
0.850.290.20.970.980.960.970.960.910.960.960.760.890.990.780.891.0-0.340.610.920.78-0.320.830.82
0.70.410.20.890.90.850.950.920.780.910.870.630.890.940.760.860.92-0.620.410.970.65-0.610.680.7
0.820.310.20.960.960.930.980.970.870.970.950.710.990.940.810.90.99-0.460.550.950.78-0.440.820.81
0.820.120.210.740.710.740.740.750.730.760.760.40.780.760.810.590.81-0.540.240.740.88-0.510.880.74
0.670.460.140.90.920.870.930.890.810.890.880.890.890.860.90.590.9-0.430.60.90.56-0.410.620.83
0.850.320.170.970.980.960.980.970.910.970.960.741.00.920.990.810.9-0.420.590.940.78-0.40.830.82
-0.29-0.44-0.1-0.39-0.39-0.35-0.47-0.46-0.35-0.46-0.4-0.15-0.34-0.62-0.46-0.54-0.43-0.42-0.1-0.56-0.31.0-0.29-0.29
0.490.46-0.130.630.640.630.550.640.610.640.620.570.610.410.550.240.60.59-0.10.550.45-0.090.510.44
0.750.480.120.930.940.90.960.950.850.950.920.70.920.970.950.740.90.94-0.560.550.67-0.540.720.72
0.930.00.240.770.730.80.670.80.790.810.80.440.780.650.780.880.560.78-0.30.450.67-0.270.990.81
-0.26-0.45-0.09-0.37-0.37-0.33-0.45-0.44-0.33-0.44-0.38-0.14-0.32-0.61-0.44-0.51-0.41-0.41.0-0.09-0.54-0.27-0.26-0.27
0.940.040.220.820.780.840.720.840.830.850.840.510.830.680.820.880.620.83-0.290.510.720.99-0.260.83
0.820.130.290.810.80.810.760.820.780.830.820.780.820.70.810.740.830.82-0.290.440.720.81-0.270.83
Click cells to compare fundamentals

Camtek Account Relationship Matchups

Camtek income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1M2.2M2.8M4.1M5.8M6.1M
Interest Expense4.1M3.0M3.8M1.6M1.8M1.1M
Selling General Administrative7.2M8.1M9.4M11.3M13.9M10.6M
Total Revenue134.0M155.9M269.7M320.9M315.4M331.1M
Gross Profit64.8M73.2M137.3M159.9M147.6M155.0M
Other Operating Expenses112.0M133.2M198.8M239.4M250.0M262.5M
Operating Income22.0M22.6M70.9M81.5M65.4M68.7M
Ebit22.0M22.6M70.9M81.5M89.5M93.9M
Research Development16.3M19.6M23.5M28.9M31.5M33.0M
Ebitda24.1M24.9M73.7M85.6M95.2M100.0M
Cost Of Revenue69.2M82.6M132.3M161.1M167.7M176.1M
Total Operating Expenses42.8M50.6M66.4M78.4M82.2M41.4M
Net Income22.0M21.8M60.3M79.9M78.6M82.6M
Income Tax Expense2.0M1.6M11.7M8.2M9.0M9.4M
Income Before Tax22.8M23.4M71.9M88.2M87.6M92.0M
Total Other Income Expense Net801K775K1.0M6.7M22.2M23.3M
Net Income Applicable To Common Shares22.0M21.8M60.3M79.9M91.9M96.5M
Selling And Marketing Expenses19.3M23.0M33.6M38.2M36.9M23.8M
Net Income From Continuing Ops20.8M21.8M60.3M79.9M79.5M83.5M
Tax Provision2.0M1.6M11.7M8.2M9.5M9.9M
Interest Income1.4M1.3M1.4M6.7M22.3M23.4M
Net Interest Income801K775K1.0M6.7M20.7M21.7M
Reconciled Depreciation2.1M2.2M2.8M4.1M5.8M3.3M

Pair Trading with Camtek

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Camtek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Camtek will appreciate offsetting losses from the drop in the long position's value.

Moving against Camtek Stock

  0.75NA Nano LabsPairCorr
  0.75WOLF Wolfspeed Financial Report 24th of April 2024 PairCorr
  0.72DIOD Diodes Incorporated Financial Report 14th of May 2024 PairCorr
  0.7WISA WiSA TechnologiesPairCorr
  0.7NVTS Navitas Semiconductor Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Camtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camtek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Camtek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Camtek to buy it.
The correlation of Camtek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Camtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camtek moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Camtek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Camtek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Camtek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Camtek Stock. Highlighted below are key reports to facilitate an investment decision about Camtek Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Camtek Stock analysis

When running Camtek's price analysis, check to measure Camtek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Camtek is operating at the current time. Most of Camtek's value examination focuses on studying past and present price action to predict the probability of Camtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camtek's price. Additionally, you may evaluate how the addition of Camtek to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Commodity Directory
Find actively traded commodities issued by global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Global Correlations
Find global opportunities by holding instruments from different markets
Is Camtek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Camtek. If investors know Camtek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Camtek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Earnings Share
1.63
Revenue Per Share
7.051
Quarterly Revenue Growth
0.079
Return On Assets
0.0558
The market value of Camtek is measured differently than its book value, which is the value of Camtek that is recorded on the company's balance sheet. Investors also form their own opinion of Camtek's value that differs from its market value or its book value, called intrinsic value, which is Camtek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Camtek's market value can be influenced by many factors that don't directly affect Camtek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Camtek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camtek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camtek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.