Celestica Ev To Sales vs Free Cash Flow Per Share Analysis

CLS Stock

CAD 124.54 3.31 2.59%

Celestica financial indicator trend analysis is way more than just evaluating Celestica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celestica is a good investment. Please check the relationship between Celestica Ev To Sales and its Free Cash Flow Per Share accounts. 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.

Ev To Sales vs Free Cash Flow Per Share

Ev To Sales vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celestica Ev To Sales account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Celestica's Ev To Sales and Free Cash Flow Per Share is -0.45. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Celestica, assuming nothing else is changed. The correlation between historical values of Celestica's Ev To Sales and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Celestica are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ev To Sales i.e., Celestica's Ev To Sales and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Celestica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celestica current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Celestica's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value Multiple is likely to grow to 10.92, while Selling General Administrative is likely to drop about 271.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	487M	636.3M	778.5M	504.7M
Total Revenue	5.6B	7.3B	8.0B	5.4B

Gross Profit Total Revenue

Celestica fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.68	0.87	0.98	0.79	0.92	0.58	0.21	0.94	-0.07	0.92	-0.53	-0.07	0.97	-0.5	0.75	0.96	0.78	0.11	0.97	0.67	0.99	0.3	0.57	0.68	0.03
Short Long Term Debt Total	0.68		0.54	0.65	0.21	0.6	0.9	0.63	0.54	-0.61	0.88	-0.73	-0.61	0.73	-0.84	0.95	0.64	0.39	-0.27	0.78	0.36	0.59	0.43	0.91	0.26	0.54
Other Current Liab	0.87	0.54		0.82	0.63	0.71	0.59	0.39	0.77	-0.08	0.76	-0.58	-0.08	0.78	-0.42	0.56	0.79	0.96	0.11	0.8	0.89	0.83	0.04	0.55	0.41	0.14
Total Current Liabilities	0.98	0.65	0.82		0.75	0.91	0.53	0.21	0.92	-0.13	0.9	-0.45	-0.13	0.95	-0.47	0.72	0.98	0.75	0.09	0.98	0.6	0.98	0.2	0.55	0.61	0.07
Total Stockholder Equity	0.79	0.21	0.63	0.75		0.83	0.0	-0.38	0.8	0.5	0.55	-0.2	0.5	0.74	0.0	0.25	0.73	0.59	0.3	0.64	0.51	0.84	0.3	0.02	0.83	-0.53
Property Plant And Equipment Net	0.92	0.6	0.71	0.91	0.83		0.4	0.02	0.81	0.05	0.86	-0.47	0.05	0.94	-0.41	0.66	0.87	0.61	0.07	0.89	0.57	0.93	0.44	0.41	0.74	-0.13
Net Debt	0.58	0.9	0.59	0.53	0.0	0.4		0.83	0.45	-0.71	0.77	-0.76	-0.71	0.59	-0.85	0.9	0.52	0.48	-0.25	0.68	0.47	0.46	0.3	0.95	0.11	0.7
Retained Earnings	0.21	0.63	0.39	0.21	-0.38	0.02	0.83		0.04	-0.87	0.42	-0.54	-0.87	0.21	-0.74	0.59	0.21	0.36	-0.33	0.34	0.35	0.1	-0.1	0.78	-0.39	0.9
Accounts Payable	0.94	0.54	0.77	0.92	0.8	0.81	0.45	0.04		0.07	0.8	-0.37	0.07	0.88	-0.34	0.64	0.92	0.69	0.27	0.89	0.54	0.95	0.27	0.44	0.75	-0.11
Cash	-0.07	-0.61	-0.08	-0.13	0.5	0.05	-0.71	-0.87	0.07		-0.37	0.42	1.0	-0.11	0.64	-0.57	-0.15	-0.03	0.47	-0.28	0.02	0.02	0.1	-0.76	0.46	-0.94
Non Current Assets Total	0.92	0.88	0.76	0.9	0.55	0.86	0.77	0.42	0.8	-0.37		-0.72	-0.37	0.92	-0.65	0.91	0.88	0.61	-0.04	0.96	0.54	0.86	0.4	0.81	0.54	0.33
Non Currrent Assets Other	-0.53	-0.73	-0.58	-0.45	-0.2	-0.47	-0.76	-0.54	-0.37	0.42	-0.72		0.42	-0.59	0.46	-0.68	-0.37	-0.42	-0.03	-0.55	-0.59	-0.42	-0.46	-0.81	-0.24	-0.52
Cash And Short Term Investments	-0.07	-0.61	-0.08	-0.13	0.5	0.05	-0.71	-0.87	0.07	1.0	-0.37	0.42		-0.11	0.64	-0.57	-0.15	-0.03	0.47	-0.28	0.02	0.02	0.1	-0.76	0.46	-0.94
Net Receivables	0.97	0.73	0.78	0.95	0.74	0.94	0.59	0.21	0.88	-0.11	0.92	-0.59	-0.11		-0.53	0.78	0.9	0.68	0.09	0.96	0.64	0.95	0.42	0.59	0.68	0.05
Common Stock Shares Outstanding	-0.5	-0.84	-0.42	-0.47	0.0	-0.41	-0.85	-0.74	-0.34	0.64	-0.65	0.46	0.64	-0.53		-0.85	-0.5	-0.33	0.45	-0.62	-0.29	-0.43	-0.26	-0.73	-0.09	-0.52
Non Current Liabilities Total	0.75	0.95	0.56	0.72	0.25	0.66	0.9	0.59	0.64	-0.57	0.91	-0.68	-0.57	0.78	-0.85		0.72	0.41	-0.16	0.85	0.37	0.67	0.44	0.89	0.38	0.49
Inventory	0.96	0.64	0.79	0.98	0.73	0.87	0.52	0.21	0.92	-0.15	0.88	-0.37	-0.15	0.9	-0.5	0.72		0.71	0.06	0.96	0.51	0.97	0.16	0.54	0.6	0.07
Other Current Assets	0.78	0.39	0.96	0.75	0.59	0.61	0.48	0.36	0.69	-0.03	0.61	-0.42	-0.03	0.68	-0.33	0.41	0.71		0.1	0.69	0.89	0.76	-0.06	0.4	0.32	0.08
Other Stockholder Equity	0.11	-0.27	0.11	0.09	0.3	0.07	-0.25	-0.33	0.27	0.47	-0.04	-0.03	0.47	0.09	0.45	-0.16	0.06	0.1		0.02	0.11	0.15	0.1	-0.17	0.3	-0.24
Total Liab	0.97	0.78	0.8	0.98	0.64	0.89	0.68	0.34	0.89	-0.28	0.96	-0.55	-0.28	0.96	-0.62	0.85	0.96	0.69	0.02		0.57	0.95	0.29	0.69	0.58	0.2
Property Plant And Equipment Gross	0.67	0.36	0.89	0.6	0.51	0.57	0.47	0.35	0.54	0.02	0.54	-0.59	0.02	0.64	-0.29	0.37	0.51	0.89	0.11	0.57		0.63	0.05	0.37	0.29	0.06
Total Current Assets	0.99	0.59	0.83	0.98	0.84	0.93	0.46	0.1	0.95	0.02	0.86	-0.42	0.02	0.95	-0.43	0.67	0.97	0.76	0.15	0.95	0.63		0.26	0.46	0.71	-0.08
Short Term Debt	0.3	0.43	0.04	0.2	0.3	0.44	0.3	-0.1	0.27	0.1	0.4	-0.46	0.1	0.42	-0.26	0.44	0.16	-0.06	0.1	0.29	0.05	0.26		0.28	0.65	-0.12
Intangible Assets	0.57	0.91	0.55	0.55	0.02	0.41	0.95	0.78	0.44	-0.76	0.81	-0.81	-0.76	0.59	-0.73	0.89	0.54	0.4	-0.17	0.69	0.37	0.46	0.28		0.09	0.77
Current Deferred Revenue	0.68	0.26	0.41	0.61	0.83	0.74	0.11	-0.39	0.75	0.46	0.54	-0.24	0.46	0.68	-0.09	0.38	0.6	0.32	0.3	0.58	0.29	0.71	0.65	0.09		-0.51
Good Will	0.03	0.54	0.14	0.07	-0.53	-0.13	0.7	0.9	-0.11	-0.94	0.33	-0.52	-0.94	0.05	-0.52	0.49	0.07	0.08	-0.24	0.2	0.06	-0.08	-0.12	0.77	-0.51

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Celestica Account Relationship Matchups

Celestica fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	3.7B	4.7B	5.6B	5.9B	4.3B
Short Long Term Debt Total	698.7M	585.9M	794.4M	786.1M	782.8M	483.6M
Other Current Liab	443.7M	623.9M	963.7M	1.6B	1.9B	2.0B
Total Current Liabilities	1.5B	1.6B	2.3B	3.1B	3.2B	1.7B
Total Stockholder Equity	1.4B	1.4B	1.5B	1.7B	1.8B	1.5B
Property Plant And Equipment Net	459.1M	433.5M	452.5M	510.3M	626.8M	358.9M
Net Debt	219.2M	122.1M	400.4M	411.6M	412.4M	433.0M
Retained Earnings	(1.4B)	(1.4B)	(1.3B)	(1.1B)	(839.6M)	(881.6M)
Accounts Payable	898M	854.5M	1.2B	1.4B	1.3B	1.1B
Cash	479.5M	463.8M	394M	374.5M	370.4M	553.6M
Non Current Assets Total	968.7M	926.9M	1.2B	1.3B	1.4B	849.0M
Non Currrent Assets Other	26.4M	25.5M	25.2M	53.5M	15.3M	14.5M
Cash And Short Term Investments	479.5M	463.8M	394M	374.5M	370.4M	553.6M
Net Receivables	1.1B	1.1B	1.3B	1.4B	1.8B	1.0B
Common Stock Shares Outstanding	131.8M	129.1M	126.7M	123.6M	120.3M	147.6M
Liabilities And Stockholders Equity	3.6B	3.7B	4.7B	5.6B	5.9B	4.3B
Non Current Liabilities Total	730.2M	676.9M	950.4M	895.1M	902.7M	507.5M
Inventory	992.2M	1.1B	1.7B	2.4B	2.1B	1.1B
Other Current Assets	59.2M	81.7M	75.4M	202.8M	228.5M	239.9M
Other Stockholder Equity	967.8M	958.8M	980.9M	1.0B	950.5M	1.5B
Total Liab	2.2B	2.3B	3.2B	4.0B	4.1B	2.2B
Property Plant And Equipment Gross	459.1M	433.5M	452.5M	510.3M	1.5B	1.6B
Total Current Assets	2.6B	2.7B	3.4B	4.3B	4.5B	3.1B
Accumulated Other Comprehensive Income	(23.6M)	(15.2M)	(26.8M)	(1.3M)	(14.9M)	(14.2M)
Short Term Debt	132.6M	99.8M	51.5M	52.2M	51.6M	50.8M
Intangible Assets	251.3M	229.4M	382M	346.5M	325.2M	260.0M
Good Will	198.3M	198.6M	324.2M	321.8M	321.7M	207.4M
Common Stock Total Equity	2.0B	2.0B	1.8B	1.8B	1.7B	2.0B
Common Stock	1.8B	1.8B	1.8B	1.7B	1.7B	1.8B
Other Liab	152M	174.3M	200.1M	161.2M	185.4M	171.1M
Net Tangible Assets	896.9M	971.7M	747.9M	1.0B	901.9M	830.3M
Other Assets	50.3M	56.1M	64M	115.1M	(100K)	(95K)
Deferred Long Term Liab	4.1M	3.3M	4.7M	3.2M	2.9M	2.7M
Property Plant Equipment	459.1M	433.5M	452.5M	510.3M	586.8M	424.6M
Long Term Debt	471.4M	486.1M	742.9M	606.6M	589.3M	506.6M
Long Term Debt Total	559.1M	486.1M	742.9M	733.9M	844.0M	519.5M
Capital Surpluse	982.6M	974.5M	1.0B	1.1B	1.2B	1.0B
Short Long Term Debt	139.6M	99.8M	51.5M	52.2M	17M	16.2M
Treasury Stock	(20.2M)	(14.8M)	(15.7M)	(48.9M)	(44.0M)	(41.8M)

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 against Celestica Stock

0.97	HPQ	HPQ Silicon Resources	Pair Corr
0.86	AVCN	Avicanna	Pair Corr
0.62	NG	NovaGold Resources	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Celestica is a strong investment it is important to analyze Celestica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celestica's future performance. For an informed investment choice regarding Celestica Stock, refer to the following important reports:

How To Invest In Celestica

Details

Is Celestica Stock a good investment?

Details

What is Celestica's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

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Largest Technology Hardware & Equipment Companies

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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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Please note, there is a significant difference between Celestica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celestica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celestica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Celestica Ev To Sales vs Free Cash Flow Per Share Analysis

Ev To Sales vs Free Cash Flow Per Share

Ev To Sales vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Ev To Sales

Free Cash Flow Per Share

Celestica fundamental ratios Correlations

Celestica Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Celestica fundamental ratios Accounts

Pair Trading with Celestica

Moving against Celestica Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Total Assets
Inventory	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Total Current Liabilities

Good Will	- 0.94	Cash And Short Term Investments
Good Will	- 0.94	Cash
Cash And Short Term Investments	- 0.87	Retained Earnings
Cash	- 0.87	Retained Earnings
Non Current Liabilities Total	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Net Debt