Celestica Inc. (CLS) intrinsic value & 10-year financials
Celestica Inc. (CLS) has a Graham intrinsic value of $237.82 per share. At $303.81 on Oct 17, 2026, the stock trades 28% above that value. Over the last 10 fiscal years revenue grew 8.4% a year to $12.4B, with an average return on invested capital of 15.6%.
- Graham intrinsic value
- $237.82
- Share price (Oct 17, 2026)
- $303.81
- Price vs Graham value
- 28% above
- Market cap
- $35.3B
- Revenue (FY2025)
- $12.4B
- Revenue growth (10-yr CAGR)
- 8.4%
- ROIC (10-yr avg)
- 15.6%
- Free cash flow (FY2025)
- $458.3M
CLS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $12.4B | $832.5M | $7.16 | $458.3M | 8.4% | 37.8% |
| FY2024 | $9.6B | $428.0M | $3.61 | $303.0M | 6.2% | 22.2% |
| FY2023 | $8.0B | $244.4M | $2.03 | $201.1M | 4.2% | 13.0% |
| FY2022 | $7.2B | $180.1M | $1.46 | $102.1M | 4.0% | 20.4% |
| FY2021 | $5.6B | $103.9M | $0.82 | — | 3.0% | 12.7% |
| FY2020 | $5.7B | $60.6M | $0.47 | — | 2.2% | 9.4% |
| FY2019 | $5.9B | $70.3M | $0.53 | — | 2.5% | 10.8% |
| FY2018 | $6.6B | $98.9M | $0.70 | — | 1.6% | 9.9% |
| FY2017 | $6.1B | $105.0M | $0.72 | — | 2.3% | 8.7% |
| FY2016 | $6.0B | $136.3M | $0.95 | — | 2.6% | 10.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CELESTICA INC is a consistent compounder, expanding top-line revenue at 8.4% annually over the past decade.
CELESTICA INC has earned high returns on invested capital, averaging 17.0% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, CELESTICA INC shows that management has aggressively returned capital to shareholders by retiring 18.1% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, CELESTICA INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $237.82 per share.