Celestica Stock Current Valuation
| CLS Stock | CAD 120.37 1.50 1.26% |
Valuation analysis of Celestica helps investors to measure Celestica's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Celestica's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 10.92, while Enterprise Value is likely to drop about 643.7 M. Fundamental drivers impacting Celestica's valuation include:
Price Book 5.4186 | Enterprise Value 14.6 B | Enterprise Value Ebitda 14.6476 | Price Sales 1.4968 | Forward PE 19.084 |
Overvalued
Today
Please note that Celestica's price fluctuation is very steady at this time. Calculation of the real value of Celestica is based on 3 months time horizon. Increasing Celestica's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Celestica is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Celestica Stock. However, Celestica's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 120.37 | Real 91.53 | Hype 117.75 |
The intrinsic value of Celestica's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Celestica's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Celestica helps investors to forecast how Celestica stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Celestica more accurately as focusing exclusively on Celestica's fundamentals will not take into account other important factors: Celestica Company Current Valuation Analysis
Celestica's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Celestica Current Valuation | 14.59 B |
Most of Celestica's fundamental indicators, such as Current Valuation, 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 Current Valuation 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 Current Valuation. 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
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Celestica has a Current Valuation of 14.59 B. This is 24.45% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The current valuation for all Canada stocks is 12.22% higher than that of the company.
Celestica Current Valuation 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 Current Valuation 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 current valuation 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 | 14.59 B | ||||
| Shares Outstanding | 116.36 M | ||||
| Shares Owned By Insiders | 1.01 % | ||||
| Shares Owned By Institutions | 79.96 % | ||||
| Number Of Shares Shorted | 2.17 M | ||||
| Price To Earning | 33.41 X | ||||
| Price To Book | 5.42 X | ||||
| Price To Sales | 1.50 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 | 13.83 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.
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
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.