Celestica Stock Z Score

CLS Stock

USD 89.16 2.28 2.49%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Celestica Piotroski F Score and Celestica Valuation analysis.

For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.

At this time, Celestica's Net Working Capital is comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.15 in 2024, whereas Capital Surpluse is likely to drop slightly above 1 B in 2024. At this time, Celestica's Interest Income is comparatively stable compared to the past year.

Celestica Company Z Score Analysis

Celestica's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Celestica Z Score 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 Z Score. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.78	0.58	0.21	0.94	0.96	0.56	0.97	0.99	0.28	0.57	0.87	-0.61	0.21	-0.36	-0.52	-0.72	-0.72	-0.64	0.1	0.89	0.92	0.56	0.91	0.57	-0.72
Total Stockholder Equity	0.78		-0.01	-0.38	0.8	0.74	0.01	0.64	0.84	0.28	0.01	0.58	-0.21	-0.35	-0.8	-0.87	-0.47	-0.38	-0.44	0.04	0.52	0.58	0.39	0.55	0.37	-0.46
Net Debt	0.58	-0.01		0.83	0.45	0.59	0.93	0.68	0.46	0.29	0.95	0.71	-0.74	0.76	0.38	0.23	-0.43	-0.77	-0.62	0.29	0.79	0.72	0.34	0.82	0.38	-0.65
Retained Earnings	0.21	-0.38	0.83		0.04	0.21	0.84	0.34	0.1	-0.08	0.78	0.25	-0.5	0.86	0.77	0.66	-0.21	-0.34	-0.36	-0.03	0.41	0.48	0.38	0.46	0.37	-0.47
Accounts Payable	0.94	0.8	0.45	0.04		0.88	0.42	0.89	0.95	0.22	0.44	0.83	-0.47	0.05	-0.45	-0.59	-0.75	-0.65	-0.56	0.06	0.79	0.75	0.48	0.82	0.56	-0.61
Net Receivables	0.96	0.74	0.59	0.21	0.88		0.54	0.95	0.95	0.41	0.59	0.86	-0.63	0.22	-0.35	-0.49	-0.62	-0.75	-0.64	0.22	0.92	0.92	0.45	0.88	0.47	-0.62
Good Will	0.56	0.01	0.93	0.84	0.42	0.54		0.65	0.45	0.14	0.97	0.67	-0.52	0.84	0.49	0.34	-0.54	-0.63	-0.62	0.09	0.77	0.73	0.41	0.8	0.46	-0.69
Total Liab	0.97	0.64	0.68	0.34	0.89	0.95	0.65		0.95	0.27	0.69	0.88	-0.69	0.39	-0.2	-0.35	-0.71	-0.73	-0.62	0.15	0.93	0.92	0.49	0.91	0.5	-0.63
Total Current Assets	0.99	0.84	0.46	0.1	0.95	0.95	0.45	0.95		0.24	0.46	0.82	-0.56	0.1	-0.45	-0.59	-0.71	-0.64	-0.58	0.05	0.83	0.87	0.56	0.84	0.57	-0.65
Short Term Debt	0.28	0.28	0.29	-0.08	0.22	0.41	0.14	0.27	0.24		0.27	0.45	-0.38	0.08	-0.32	-0.36	0.17	-0.52	-0.43	0.9	0.4	0.26	-0.26	0.39	-0.35	-0.11
Intangible Assets	0.57	0.01	0.95	0.78	0.44	0.59	0.97	0.69	0.46	0.27		0.75	-0.61	0.84	0.43	0.29	-0.49	-0.69	-0.64	0.27	0.83	0.71	0.24	0.81	0.31	-0.58
Long Term Debt	0.87	0.58	0.71	0.25	0.83	0.86	0.67	0.88	0.82	0.45	0.75		-0.63	0.35	-0.25	-0.38	-0.65	-0.85	-0.69	0.37	0.95	0.77	0.23	0.93	0.34	-0.6
Common Stock	-0.61	-0.21	-0.74	-0.5	-0.47	-0.63	-0.52	-0.69	-0.56	-0.38	-0.61	-0.63		-0.4	0.05	0.16	0.2	0.74	0.46	-0.43	-0.67	-0.66	-0.17	-0.68	-0.16	0.42
Property Plant Equipment	0.21	-0.35	0.76	0.86	0.05	0.22	0.84	0.39	0.1	0.08	0.84	0.35	-0.4		0.76	0.66	-0.23	-0.28	-0.41	0.16	0.48	0.44	0.16	0.45	0.1	-0.29
Current Deferred Revenue	-0.36	-0.8	0.38	0.77	-0.45	-0.35	0.49	-0.2	-0.45	-0.32	0.43	-0.25	0.05	0.76		0.98	0.1	0.22	0.06	-0.18	-0.1	-0.1	0.03	-0.12	0.03	0.07
Short Term Investments	-0.52	-0.87	0.23	0.66	-0.59	-0.49	0.34	-0.35	-0.59	-0.36	0.29	-0.38	0.16	0.66	0.98		0.22	0.34	0.2	-0.18	-0.25	-0.26	-0.09	-0.28	-0.09	0.21
Treasury Stock	-0.72	-0.47	-0.43	-0.21	-0.75	-0.62	-0.54	-0.71	-0.71	0.17	-0.49	-0.65	0.2	-0.23	0.1	0.22		0.53	0.31	0.32	-0.65	-0.65	-0.53	-0.67	-0.64	0.66
Net Tangible Assets	-0.72	-0.38	-0.77	-0.34	-0.65	-0.75	-0.63	-0.73	-0.64	-0.52	-0.69	-0.85	0.74	-0.28	0.22	0.34	0.53		0.57	-0.43	-0.84	-0.72	-0.18	-0.85	-0.27	0.66
Deferred Long Term Liab	-0.64	-0.44	-0.62	-0.36	-0.56	-0.64	-0.62	-0.62	-0.58	-0.43	-0.64	-0.69	0.46	-0.41	0.06	0.2	0.31	0.57		-0.3	-0.71	-0.66	-0.28	-0.75	-0.27	0.59
Short Long Term Debt	0.1	0.04	0.29	-0.03	0.06	0.22	0.09	0.15	0.05	0.9	0.27	0.37	-0.43	0.16	-0.18	-0.18	0.32	-0.43	-0.3		0.3	0.06	-0.47	0.25	-0.57	0.12
Long Term Debt Total	0.89	0.52	0.79	0.41	0.79	0.92	0.77	0.93	0.83	0.4	0.83	0.95	-0.67	0.48	-0.1	-0.25	-0.65	-0.84	-0.71	0.3		0.89	0.35	0.95	0.41	-0.65
Capital Surpluse	0.92	0.58	0.72	0.48	0.75	0.92	0.73	0.92	0.87	0.26	0.71	0.77	-0.66	0.44	-0.1	-0.26	-0.65	-0.72	-0.66	0.06	0.89		0.61	0.91	0.57	-0.79
Cash And Equivalents	0.56	0.39	0.34	0.38	0.48	0.45	0.41	0.49	0.56	-0.26	0.24	0.23	-0.17	0.16	0.03	-0.09	-0.53	-0.18	-0.28	-0.47	0.35	0.61		0.51	0.91	-0.73
Net Invested Capital	0.91	0.55	0.82	0.46	0.82	0.88	0.8	0.91	0.84	0.39	0.81	0.93	-0.68	0.45	-0.12	-0.28	-0.67	-0.85	-0.75	0.25	0.95	0.91	0.51		0.54	-0.82
Net Working Capital	0.57	0.37	0.38	0.37	0.56	0.47	0.46	0.5	0.57	-0.35	0.31	0.34	-0.16	0.1	0.03	-0.09	-0.64	-0.27	-0.27	-0.57	0.41	0.57	0.91	0.54		-0.72
Capital Stock	-0.72	-0.46	-0.65	-0.47	-0.61	-0.62	-0.69	-0.63	-0.65	-0.11	-0.58	-0.6	0.42	-0.29	0.07	0.21	0.66	0.66	0.59	0.12	-0.65	-0.79	-0.73	-0.82	-0.72

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Celestica

In accordance with the company's disclosures, Celestica has a Z Score of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

Celestica ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Celestica's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Celestica's managers, analysts, and investors.

Environmental

Governance

Social

Celestica Institutional Holders

Institutional Holdings refers to the ownership stake in Celestica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Celestica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Celestica's value.

		Shares
Neuberger Berman Group Llc	2024-06-30	1.5 M
Dimensional Fund Advisors, Inc.	2024-09-30	1.5 M
Driehaus Capital Management Llc	2024-06-30	1.2 M
Bank Of Montreal	2024-06-30	1.2 M
Bmo Capital Markets Corp.	2024-06-30	1.2 M
Sg Capital Management, Llc	2024-09-30	1 M
Axiom Investors	2024-09-30	1 M
Capital World Investors	2024-09-30	936.2 K
Fidelity International Ltd	2024-06-30	926.8 K
Whale Rock Capital Management Llc	2024-06-30	7.5 M
Fmr Inc	2024-09-30	6.1 M

Celestica Fundamentals

	Return On Equity	0.21
	Return On Asset	0.0551
	Profit Margin	0.04 %
	Operating Margin	0.06 %
	Current Valuation	10.68 B
	Shares Outstanding	116.36 M
	Shares Owned By Insiders	1.01 %
	Shares Owned By Institutions	79.92 %
	Number Of Shares Shorted	2.95 M
	Price To Earning	19.74 X
	Price To Book	5.56 X
	Price To Sales	1.15 X
	Revenue	8.11 B
	Gross Profit	640.3 M
	EBITDA	543.6 M
	Net Income	249.09 M
	Cash And Equivalents	374.5 M
	Cash Per Share	2.96 X
	Total Debt	782.8 M
	Debt To Equity	0.50 %
	Current Ratio	1.43 X
	Book Value Per Share	15.39 X
	Cash Flow From Operations	370.88 M
	Short Ratio	1.19 X
	Earnings Per Share	3.16 X
	Price To Earnings To Growth	19.42 X
	Target Price	71.38
	Number Of Employees	21.89 K
	Beta	2.23
	Market Capitalization	10.66 B
	Total Asset	5.86 B
	Retained Earnings	(839.6 M)
	Working Capital	1.29 B
	Current Asset	2.12 B
	Current Liabilities	1.13 B
	Net Asset	5.86 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.

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Additional Tools for Celestica Stock Analysis

When running Celestica's price analysis, check to measure Celestica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Celestica is operating at the current time. Most of Celestica's value examination focuses on studying past and present price action to predict the probability of Celestica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celestica's price. Additionally, you may evaluate how the addition of Celestica to your portfolios can decrease your overall portfolio volatility.

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Celestica Stock Z Score

Celestica Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Celestica Z Score Driver Correlations

Celestica ESG Sustainability

Celestica Institutional Holders

Celestica Fundamentals

About Celestica Fundamental Analysis

Thematic Opportunities

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Additional Tools for Celestica Stock Analysis

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