Celestica (TSX:CLS) ROCE %: 33.67% (As of Mar. 2026)

What is Celestica ROCE %?

Celestica TSX:CLS -6.40% 86 ROCE % is 33.67% as of Mar. 2026. GuruFocus rates TSX:CLS with a GF Score™ of 86/100 and a GF Value™ of C$181.47 (Significantly Overvalued).

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Celestica's annualized ROCE % for the quarter that ended in Mar. 2026 was 33.67%.

Celestica (TSX:CLS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Celestica ROCE % Related Terms

Celestica ROCE % Historical Data

* Premium members only.

The historical data trend for Celestica's ROCE % 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.

Celestica ROCE % Chart

Celestica Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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7.45

12.00

14.59

21.32

32.69

Celestica Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															17.80	37.09	43.23	39.32	33.67

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Celestica Inc TSX:CLS

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Celestica ROCE % Calculation

Celestica's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	1428.886	/	( ( (8531.389 - 4304.589)	+	(9950.471 - 5434.678) )	/ 2 )
	=	1428.886	/	( (4226.8	+	4515.793)	/ 2 )
	=	1428.886	/	4371.2965
	=	32.69 %

Celestica's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	1494.384	/	( ( (9950.471 - 5434.678)	+	(11332.72 - 6970.583) )	/ 2 )
	=	1494.384	/	( ( 4515.793	+	4362.137 )	/ 2 )
	=	1494.384	/	4438.965
	=	33.67 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 33.67% mean?

Celestica (TSX:CLS) has a ROCE % of 33.67% as of Mar. 2026.

Is Celestica's ROCE % too high?

Celestica's current ROCE % is 33.67%. The Hardware industry median ROCE % is 5.82. Celestica's value of 33.67% is 478.5% above this industry median. Overall, Celestica has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Celestica's ROCE % compare to APH and GLW?

Celestica's ROCE % of 33.67% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Celestica's value of 33.67% is 478.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Hardware company?

The median ROCE % among Hardware companies is 5.82, based on 2,445 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celestica's current ROCE % of 33.67% is 478.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celestica's current ROCE % is 33.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Celestica stock overvalued right now?

Based on GuruFocus' analysis, Celestica (TSX:CLS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$181.47, compared to a current price of C$499.31 — trading 175.1% above its estimated fair value. The current ROCE % is 33.67% and 478.5% above the Hardware industry median of 5.82. Celestica's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Celestica (TSX:CLS), the current ROCE % is 33.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Celestica (TSX:CLS) Overvalued in 2026?

Based on GuruFocus' analysis, Celestica stock appears to be overvalued. The current stock price of C$499.31 is trading 175.1% above its estimated GF Value™ of C$181.47. GuruFocus considers Celestica to be Significantly Overvalued.

Key valuation signals for TSX:CLS:

ROCE %: 33.67%
GF Value™: C$181.47 vs. price of C$499.31 (175.1% above fair value)
GF Score™: 86/100
Industry Position: 478.5% above the Hardware median

No single metric tells the full story. See the TSX:CLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Celestica Business Description

Industry Technology Hardware

Comparable Companies XCNQ:HEAT TSXV:YNV XCNQ:ZTE XCNQ:WIFI TPE:2308 APH GLW TPE:2317 TSE:6981 XKRX:009150 SZSE:002475 TEL TPE:2383 SZSE:002384 FLEX SZSE:300476 TPE:3037 SHSE:600183 TSE:6762 TPE:2327

Other Exchanges CLS:USA CTW:Germany

Address 5140 Yonge Street, Suite 1900, Toronto, ON, CAN, M2N 6L7

Website https://www.celestica.com

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, The 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.

86GF Score

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C$499.31

Price

C$181.47

GF Value

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