Celestica Inc. provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally.
Undervalued with adequate balance sheet.
Share Price & News
How has Celestica's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CLS underperformed the US Electronic industry which returned 5.6% over the past year.
Return vs Market: CLS underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Celestica's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Celestica undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLS ($7.59) is trading below our estimate of fair value ($9.34)
Significantly Below Fair Value: CLS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CLS is good value based on its PE Ratio (14.1x) compared to the Electronic industry average (19x).
PE vs Market: CLS is good value based on its PE Ratio (14.1x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: CLS is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: CLS is good value based on its PB Ratio (0.7x) compared to the US Electronic industry average (2x).
How is Celestica forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLS's forecast earnings growth (18.1% per year) is above the savings rate (1.7%).
Earnings vs Market: CLS's earnings (18.1% per year) are forecast to grow faster than the US market (14.1% per year).
High Growth Earnings: CLS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLS's revenue is expected to decline over the next 3 years (-4.5% per year).
High Growth Revenue: CLS's revenue is forecast to decline over the next 3 years (-4.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CLS's Return on Equity is forecast to be high in 3 years time
How has Celestica performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLS has a large one-off gain of $52.0M impacting its December 31 2019 financial results.
Growing Profit Margin: CLS's current net profit margins (1.2%) are lower than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: CLS's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: CLS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLS had negative earnings growth (-28.9%) over the past year, making it difficult to compare to the Electronic industry average (13.8%).
Return on Equity
High ROE: CLS's Return on Equity (5.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Celestica's financial position?
Financial Position Analysis
Short Term Liabilities: CLS's short term assets ($2.6B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: CLS's short term assets ($2.6B) exceed its long term liabilities ($730.2M).
Debt to Equity History and Analysis
Debt Level: CLS's debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CLS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CLS's debt is well covered by operating cash flow (73%).
Interest Coverage: CLS's interest payments on its debt are not well covered by EBIT (2x coverage).
Inventory Level: CLS has a high level of physical assets or inventory.
Debt Coverage by Assets: CLS's debt is covered by short term assets (assets are 5.5x debt).
What is Celestica's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CLS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CLS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CLS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Mionis (56yo)
Mr. Robert Andrew Mionis, also known as Rob, has been Chief Executive Officer and President at Celestica Inc. since August 1, 2015. Mr. Mionis serves as the Chief Executive Officer of DAE Manufacturing and ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD10.24M) is above average for companies of similar size in the US market ($USD2.51M).
Compensation vs Earnings: Rob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Financial Officer||2.8yrs||US$2.27m||0.057% $552.3k|
|Chief Operations Officer||2.1yrs||US$2.59m||0.10% $992.9k|
|President of Advanced Technology Solutions||4.3yrs||US$2.52m||0.11% $1.1m|
|Senior VP & Chief Information Officer||1.1yrs||no data||no data|
|Chief Legal & Administrative Officer||0yrs||US$2.30m||0.12% $1.2m|
|Vice President of Sustainability & Compliance||0yrs||no data||no data|
|Vice President of Investor Relations & Corporate Development||0yrs||no data||no data|
|President of Connectivity & Cloud Solutions||6yrs||no data||0.030% $293.2k|
|Senior Vice President of Global Business Services||6.1yrs||no data||no data|
Experienced Management: CLS's management team is considered experienced (4.3 years average tenure).
|Chair of the Board||0.08yrs||US$245.00k||0.016% $151.1k|
|Independent Director||10.8yrs||US$265.00k||no data|
|Independent Director||1yrs||no data||no data|
|Director||3.1yrs||no data||no data|
|Independent Director||1.8yrs||US$176.25k||no data|
|Independent Director||11.3yrs||US$250.00k||no data|
|Independent Director||9.6yrs||US$245.00k||no data|
|Independent Director||6.3yrs||US$235.00k||no data|
Experienced Board: CLS's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Celestica Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Celestica Inc.
- Ticker: CLS
- Exchange: NYSE
- Founded: 1996
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: CA$1.292b
- Listing Market Cap: CA$973.256m
- Shares outstanding: 128.79m
- Website: https://www.celestica.com
Number of Employees
- Celestica Inc.
- 5140 Yonge Street
- Suite 1900
- M2N 6L7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLS||TSX (The Toronto Stock Exchange)||Yes||Subordinate Voting Shares||CA||CAD||Jun 1998|
|CLS||NYSE (New York Stock Exchange)||Yes||Subordinate Voting Shares||US||USD||Jun 1998|
|CTW||DB (Deutsche Boerse AG)||Yes||Subordinate Voting Shares||DE||EUR||Jun 1998|
Celestica Inc. provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It serves the aerospace and defense, industrial, smart energy, healthtech, capital equipment, enterprise communications, telecommunications, servers, and storage businesses. The company was incorporated in 1996 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 00:31|
|End of Day Share Price||2020/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.