` Comparison: CMZ, LRCX - Alpha Spread

CMZ
vs
LRCX

Over the past 12 months, CMZ has underperformed LRCX, delivering a return of +13% compared to the LRCX's +137% growth.

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CMZ
LRCX
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Valuation Comparison

CMZ Intrinsic Value
60.77 EUR
Overvaluation 33%
Intrinsic Value
Price
LRCX Intrinsic Value
98.79 USD
Overvaluation 44%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Camtek Ltd
F:CMZ
90.5 EUR
Lam Research Corp
NASDAQ:LRCX
175.26 USD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
CMZ, LRCX

CMZ
LRCX
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Camtek Ltd
Revenue
Lam Research Corp
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
CMZ, LRCX

CMZ
LRCX
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Camtek Ltd
F:CMZ
Lam Research Corp
NASDAQ:LRCX
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What is Free Cash Flow?

Gross Margin

CMZ
50.5%
LRCX
49.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

Operating Margin

CMZ
26.7%
LRCX
33%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

Net Margin

CMZ
28.4%
LRCX
29.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

FCF Margin

CMZ
-0.4%
LRCX
28.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

ROE

CMZ
24.3%
LRCX
62%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

ROA

CMZ
15.1%
LRCX
28.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

ROIC

CMZ
17.1%
LRCX
41.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

ROCE

CMZ
16.4%
LRCX
43.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Camtek Ltd
Lam Research Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CMZ, LRCX

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Performance Gap
CMZ, LRCX

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CMZ
LRCX
Difference
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Performance By Year
CMZ, LRCX

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CMZ
LRCX
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