Celestica Stock Probability Of Bankruptcy

CLS Stock

USD 98.25 0.72 0.74%

Celestica's odds of distress is below 1% at this time. The company is very unlikely to encounter any financial crisis in the next two years. Celestica's Probability of financial unrest is determined by interpolating and adjusting Celestica Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Celestica balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Celestica Piotroski F Score and Celestica Altman Z Score analysis.

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

Market Cap is likely to drop to about 1.2 B in 2024. Enterprise Value is likely to drop to about 643.7 M in 2024

Celestica Company probability of financial unrest Analysis

Celestica's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Celestica Probability Of Bankruptcy

Less than 1%

Most of Celestica's fundamental indicators, such as Probability Of Bankruptcy, 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.

Our calculation of Celestica probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Celestica odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Celestica financial health.

Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celestica. If investors know Celestica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celestica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.149

Earnings Share

3.16

Revenue Per Share

77.768

Quarterly Revenue Growth

0.223

Return On Assets

0.0551

The market value of Celestica is measured differently than its book value, which is the value of Celestica that is recorded on the company's balance sheet. Investors also form their own opinion of Celestica's value that differs from its market value or its book value, called intrinsic value, which is Celestica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celestica's market value can be influenced by many factors that don't directly affect Celestica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

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.

Celestica Probability Of Bankruptcy 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 Probability Of Bankruptcy. 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		0.79	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	0.79		0.0	-0.38	0.8	0.75	0.01	0.64	0.84	0.28	0.02	0.58	-0.21	-0.35	-0.79	-0.87	-0.47	-0.38	-0.44	0.04	0.52	0.58	0.39	0.55	0.38	-0.46
Net Debt	0.58	0.0		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	0.75	0.59	0.21	0.88		0.54	0.96	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	0.96	0.65		0.95	0.27	0.69	0.88	-0.69	0.39	-0.2	-0.35	-0.71	-0.72	-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	0.02	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	-0.79	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	-0.72	-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	0.38	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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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Celestica

Based on the latest financial disclosure, Celestica has a Probability Of Bankruptcy of 1.0%. This is 97.53% lower than that of the Electronic Equipment, Instruments & Components sector and 97.87% lower than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.

Celestica Probability Of Bankruptcy 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 Probability Of Bankruptcy 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 probability of bankruptcy category among its peers.

Celestica Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0197	0.0165	0.0223	0.0259	0.0415	0.0436
Asset Turnover	1.65	1.57	1.21	1.29	1.35	2.0
Gross Profit Margin	0.0653	0.0761	0.0864	0.0878	0.0978	0.0555
Net Debt	219.2M	122.1M	400.4M	411.6M	412.4M	433.0M
Total Current Liabilities	1.5B	1.6B	2.3B	3.1B	3.2B	1.7B
Non Current Liabilities Total	730.2M	676.9M	950.4M	895.1M	902.7M	507.5M
Total Assets	3.6B	3.7B	4.7B	5.6B	5.9B	4.3B
Total Current Assets	2.6B	2.7B	3.4B	4.3B	4.5B	3.1B
Total Cash From Operating Activities	345M	239.6M	226.8M	297.9M	370.9M	252.7M

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 Fundamentals

	Return On Equity	0.21
	Return On Asset	0.0551
	Profit Margin	0.04 %
	Operating Margin	0.06 %
	Current Valuation	11.87 B
	Shares Outstanding	116.36 M
	Shares Owned By Insiders	1.03 %
	Shares Owned By Institutions	80.02 %
	Number Of Shares Shorted	2.99 M
	Price To Earning	19.74 X
	Price To Book	6.24 X
	Price To Sales	1.23 X
	Revenue	7.96 B
	Gross Profit	640.3 M
	EBITDA	543.6 M
	Net Income	244.6 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	1.20 X
	Earnings Per Share	3.16 X
	Price To Earnings To Growth	19.42 X
	Target Price	83.44
	Number Of Employees	21.89 K
	Beta	2.23
	Market Capitalization	11.35 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.

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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 Probability Of Bankruptcy

Celestica Company probability of financial unrest Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Celestica Probability Of Bankruptcy

Celestica Probability Of Bankruptcy Driver Correlations

Celestica Probability Of Bankruptcy Peer Comparison

Celestica Main Bankruptcy Drivers

Celestica ESG Sustainability

Celestica Fundamentals

About Celestica Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Celestica Stock Analysis

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