TSX:CLSElectronic
Celestica (TSX:CLS) Stock May Be 37% Undervalued On AI Funding Raise
Celestica’s share price has climbed very sharply over the past five years, yet the stock still screens as undervalued on both intrinsic value estimates and earnings based checks, which raises the question of how much of that move is backed by fundamentals.
Celestica has delivered a very large 5 year return of about 40x, which puts extra focus on whether today’s price still leaves room for a reasonable margin of safety.
The recent equity raise of about US$3.45b to support AI infrastructure...