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Celestica (Celestica) Cyclically Adjusted Price-to-FCF : 39.63 (As of Jun. 04, 2024)


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What is Celestica Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Celestica's current share price is $52.71. Celestica's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.33. Celestica's Cyclically Adjusted Price-to-FCF for today is 39.63.

The historical rank and industry rank for Celestica's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CLS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.64   Med: 16.79   Max: 128.44
Current: 42.11

During the past years, Celestica's highest Cyclically Adjusted Price-to-FCF was 128.44. The lowest was 4.64. And the median was 16.79.

CLS's Cyclically Adjusted Price-to-FCF is ranked worse than
62.45% of 964 companies
in the Hardware industry
Industry Median: 30.455 vs CLS: 42.11

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Celestica's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.760. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celestica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Celestica's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Celestica Cyclically Adjusted Price-to-FCF Chart

Celestica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.01 9.83 11.79 11.30 23.26

Celestica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.41 12.86 21.19 23.26 33.82

Competitive Comparison of Celestica's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Celestica's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Celestica's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Celestica's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Celestica's Cyclically Adjusted Price-to-FCF falls into.



Celestica Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Celestica's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.71/1.33
=39.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Celestica's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Celestica's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.76/126.2576*126.2576
=0.760

Current CPI (Mar. 2024) = 126.2576.

Celestica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 99.473 0.288
201409 0.520 99.394 0.661
201412 0.346 98.367 0.444
201503 0.129 99.789 0.163
201506 0.155 100.500 0.195
201509 0.063 100.421 0.079
201512 0.523 99.947 0.661
201603 -0.237 101.054 -0.296
201606 -0.158 102.002 -0.196
201609 0.676 101.765 0.839
201612 0.485 101.449 0.604
201703 0.070 102.634 0.086
201706 0.214 103.029 0.262
201709 -0.272 103.345 -0.332
201712 0.157 103.345 0.192
201803 -0.157 105.004 -0.189
201806 -0.284 105.557 -0.340
201809 0.244 105.636 0.292
201812 -0.150 105.399 -0.180
201903 0.378 106.979 0.446
201906 0.512 107.690 0.600
201909 0.664 107.611 0.779
201912 0.468 107.769 0.548
202003 0.550 107.927 0.643
202006 0.414 108.401 0.482
202009 0.247 108.164 0.288
202012 0.236 108.559 0.274
202103 0.281 110.298 0.322
202106 0.368 111.720 0.416
202109 0.319 112.905 0.357
202112 0.412 113.774 0.457
202203 0.152 117.646 0.163
202206 0.527 120.806 0.551
202209 0.290 120.648 0.303
202212 0.564 120.964 0.589
202303 0.322 122.702 0.331
202306 0.815 124.203 0.828
202309 0.513 125.230 0.517
202312 0.885 125.072 0.893
202403 0.760 126.258 0.760

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Celestica  (NYSE:CLS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Celestica Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Celestica's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Celestica (Celestica) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Celestica Inc (NYSE:CLS) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
5140 Yonge Street, Suite 1900, Toronto, ON, CAN, M2N 6L7
Celestica Inc offers supply chain solutions. The company has two operating and reportable segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of the ATS end market and is comprised of the Aerospace and Defense, Industrial, health tech, and Capital Equipment businesses. Its Capital Equipment business is comprised of the semiconductor, display, and robotics equipment businesses, and the CCS segment consists of Communications and Enterprise end markets, Enterprise end market is comprised of its servers and storage businesses. The company generates a majority of its revenue from the Connectivity & Cloud Solutions segment.