Camtek LTD.

Camtek LTD. is a NASDAQ listed security that has been trading in a range between $2.93 and $6.95 over the past year. With 30,048,850 shares outstanding, a recent price of $3.75 gives a total market capitalization of $113,885,140. While there are certainly larger companies, Camtek LTD. has definitely earned its place in the pack. Last year, Camtek LTD. created $0.09 in earnings for every share outstanding.

Camtek LTD. is currently priced by the market at 42.60 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Camtek LTD. could be an interesting value proposition. Consistent earnings are the key to high valuations and this security is well on its way.