Discounted Cash Flow

Camtek Ltd. Foreign

CAMT · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $109.5m $4.7m $-18.7m 4.3% $0.13
2017 $93.5m (-14.6%) $14.0m (194.9%) $-1.5m (92.0%) 14.9% (245.5%) $0.40 (207.7%)
2018 $123.2m (31.8%) $18.7m (34.2%) $14.5m (1067.9%) 15.2% (1.8%) $0.52 (30.0%)
2019 $134.0m (8.8%) $22.0m (17.4%) $23.4m (60.6%) 16.4% (7.9%) $0.58 (11.5%)
2020 $155.9m (16.3%) $21.8m (-0.9%) $23.3m (-0.1%) 14.0% (-14.8%) $0.55 (-5.2%)
2021 $269.7m (73.0%) $60.3m (176.8%) $56.9m (143.7%) 22.4% (60.0%) $1.38 (150.9%)
2022 $320.9m (19.0%) $79.9m (32.6%) $49.6m (-12.8%) 24.9% (11.5%) $1.81 (31.2%)
2023 $315.4m (-1.7%) $78.6m (-1.6%) $71.2m (43.6%) 24.9% (0.1%) $1.76 (-2.8%)
2024 $429.2m (36.1%) $118.5m (50.7%) $112.1m (57.4%) 27.6% (10.7%) $2.62 (48.9%)
2025 $496.1m (15.6%) $50.7m (-57.2%) $127.5m (13.7%) 10.2% (-63.0%) $1.11 (-57.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model