CelesticaTSX:CLS +1.46%86 3-Year ROIIC % is 33.12 as of Dec. 2025, which is 145% above its 10-year median of 13.53. GuruFocus rates TSX:CLS with a GF Score™ of 86/100 and a GF Value™ of C$186.72 (Significantly Overvalued). Among 2,372 Hardware companies, Celestica ranks better than 78.2% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Celestica's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 33.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Celestica's 3-Year ROIIC % or its related term are showing as below:
TSX:CLS's 3-Year ROIIC % is ranked better than 78.2% of 2372
companies
in the Hardware industry
Industry Median: 2.35
vs TSX:CLS: 33.12
Celestica (TSX:CLS) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Celestica 3-Year ROIIC % Related Terms
Celestica 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Celestica's 3-Year ROIIC % 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.
TSX:CLS vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, Celestica's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Celestica's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Celestica's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Celestica (TSX:CLS) has a 3-Year ROIIC % of 33.12 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Celestica and its competitors. This is 145% above median its historical median of 13.53. According to the industry distribution chart, Celestica ranks #517 out of 2372 companies in the Hardware industry, placing it in the top 21.8%.
Is Celestica's 3-Year ROIIC % too high?
Celestica's current 3-Year ROIIC % of 33.12 is 145% above median its 10-year median of 13.53. The Hardware industry median 3-Year ROIIC % is 2.35. Celestica's value of 33.12 is 1309.4% above this industry median. Based on the distribution chart, Celestica ranks #517 out of 2372 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. 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 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Celestica ranks #517 out of 2372 companies for 3-Year ROIIC %. This places Celestica in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Celestica's value of 33.12 is 1309.4% above this benchmark. While the company's 10-year median is 13.53 vs. the industry median of 2.35, Celestica has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.35, based on 2,372 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celestica's current 3-Year ROIIC % of 33.12 is 1309.4% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Celestica and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celestica's current 3-Year ROIIC % is 33.12, which is 145% above median its own 10-year median of 13.53. 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$186.72, compared to a current price of C$509.88 — trading 173.1% above its estimated fair value. The current 3-Year ROIIC % is 33.12, which is 145% above median its 10-year median of 13.53 and 1309.4% above the Hardware industry median of 2.35. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Celestica (TSX:CLS), the current 3-Year ROIIC % is 33.12 as of Dec. 2025. 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$509.88 is trading 173.1% above its estimated GF Value™ of C$186.72.
GuruFocus considers Celestica to be Significantly Overvalued.
Key valuation signals for TSX:CLS:
3-Year ROIIC %: 33.12 (145% above median its 10-year median of 13.53)
GF Value™: C$186.72 vs. price of C$509.88 (173.1% above fair value)
Industry Position: 1309.4% above the Hardware median (#517 of 2372)
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 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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