Celestica Stock Fundamentals
| CLS Stock | CAD 116.70 5.28 4.33% |
Celestica fundamentals help investors to digest information that contributes to Celestica's financial success or failures. It also enables traders to predict the movement of Celestica Stock. The fundamental analysis module provides a way to measure Celestica's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Celestica stock.
At this time, Celestica's Interest Income is very stable compared to the past year. Celestica | Select Account or Indicator |
Celestica Company Operating Margin Analysis
Celestica's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Celestica Operating Margin | 0.06 % |
Most of Celestica's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Celestica is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Celestica Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Celestica is extremely important. It helps to project a fair market value of Celestica Stock properly, considering its historical fundamentals such as Operating Margin. Since Celestica's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Celestica's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Celestica's interrelated accounts and indicators.
Click cells to compare fundamentals
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Celestica Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Celestica has an Operating Margin of 0.055%. This is 100.62% lower than that of the Electronic Equipment, Instruments & Components sector and 67.65% lower than that of the Information Technology industry. The operating margin for all Canada stocks is 101.0% lower than that of the firm.
Celestica Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Celestica's current stock value. Our valuation model uses many indicators to compare Celestica value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Celestica competition to find correlations between indicators driving Celestica's intrinsic value. More Info.Celestica is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Celestica is roughly 3.85 . At this time, Celestica's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Celestica by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Celestica's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Celestica Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Celestica's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Celestica could also be used in its relative valuation, which is a method of valuing Celestica by comparing valuation metrics of similar companies.Celestica is currently under evaluation in operating margin category among its peers.
Celestica Fundamentals
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0551 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 14.96 B | ||||
| Shares Outstanding | 116.36 M | ||||
| Shares Owned By Insiders | 1.01 % | ||||
| Shares Owned By Institutions | 79.90 % | ||||
| Number Of Shares Shorted | 2.17 M | ||||
| Price To Earning | 33.41 X | ||||
| Price To Book | 5.53 X | ||||
| Price To Sales | 1.47 X | ||||
| Revenue | 7.96 B | ||||
| Gross Profit | 640.3 M | ||||
| EBITDA | 543.6 M | ||||
| Net Income | 244.6 M | ||||
| Cash And Equivalents | 10.5 M | ||||
| Cash Per Share | 3.50 X | ||||
| Total Debt | 782.8 M | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 15.39 X | ||||
| Cash Flow From Operations | 429.7 M | ||||
| Short Ratio | 2.61 X | ||||
| Earnings Per Share | 4.45 X | ||||
| Target Price | 91.0 | ||||
| Number Of Employees | 21.89 K | ||||
| Beta | 2.23 | ||||
| Market Capitalization | 13.58 B | ||||
| Total Asset | 5.89 B | ||||
| Retained Earnings | (839.6 M) | ||||
| Working Capital | 1.29 B | ||||
| Current Asset | 2.12 B | ||||
| Current Liabilities | 1.13 B | ||||
| Net Asset | 5.89 B |
About Celestica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Celestica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Celestica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Celestica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 38.1 M | 36.2 M | |
| Total Revenue | 8 B | 5.4 B | |
| Cost Of Revenue | 7.2 B | 5 B | |
| Sales General And Administrative To Revenue | 0.04 | 0.03 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | 0.02 | 0.02 | |
| Revenue Per Share | 66.29 | 69.60 | |
| Ebit Per Revenue | 0.05 | 0.05 |
Pair Trading with Celestica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celestica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celestica will appreciate offsetting losses from the drop in the long position's value.Moving together with Celestica Stock
| 0.9 | JPM | JPMorgan Chase | PairCorr |
| 0.94 | BOFA | Bank of America | PairCorr |
| 0.89 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.89 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Celestica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celestica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celestica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celestica to buy it.
The correlation of Celestica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celestica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celestica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celestica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.