CJT.TO vs. CLS

Last updated Jun 5, 2026

CJT.TO (Cargojet Inc.) and CLS (Celestica Inc.) are both stocks. CJT.TO operates in Integrated Freight & Logistics (Industrials), while CLS operates in Electronic Components (Technology). Over the past 10 years, CJT.TO returned 11.49%/yr vs 43.72%/yr for CLS. At a 0.18 correlation, their price movements are largely independent.

Performance

CJT.TO vs. CLS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Cargojet Inc. (CJT.TO) and Celestica Inc. (CLS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CJT.TO is traded in CAD, while CLS is traded in USD. To make them comparable, the CLS values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CJT.TO achieves a -1.19% return, which is significantly lower than CLS's 27.72% return. Over the past 10 years, CJT.TO has underperformed CLS with an annualized return of 11.49%, while CLS has yielded a comparatively higher 43.72% annualized return.

CJT.TO

• 1D: 0.44%
• 1M: 0.56%
• YTD: -1.19%
• 6M: 3.86%
• 1Y: -10.92%
• 3Y*: -5.79%
• 5Y*: -12.87%
• 10Y*: 11.49%

CLS

• 1D: -12.43%
• 1M: -8.18%
• YTD: 27.72%
• 6M: 15.36%
• 1Y: 217.57%
• 3Y*: 213.38%
• 5Y*: 118.49%
• 10Y*: 43.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CJT.TO vs. CLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CJT.TO Cargojet Inc.	-1.19%	-20.96%	-8.44%	3.57%	-29.54%	-22.00%	109.37%	47.47%	22.14%	30.18%
CLS Celestica Inc.	27.72%	205.58%	242.31%	154.08%	8.47%	36.67%	-4.07%	-10.34%	-9.22%	-17.19%

Correlation

The correlation between CJT.TO and CLS is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jun 25, 2009	0.18

The correlation between CJT.TO and CLS shifts across timeframes, from 0.10 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CJT.TO : CA$1.24B CLS : $43.01B
EPS CJT.TO : CA$2.40 CLS : $8.28
PE Ratio CJT.TO : 34.46 CLS : 44.87
PEG Ratio CJT.TO : 1.15 CLS : 0.60
PS Ratio CJT.TO : 1.25 CLS : 3.12
PB Ratio CJT.TO : 1.67 CLS : 20.50
Total Revenue (TTM) CJT.TO : CA$997.50M CLS : $13.81B
Gross Profit (TTM) CJT.TO : CA$185.20M CLS : $1.60B
EBITDA (TTM) CJT.TO : CA$295.10M CLS : $1.32B

Return for Risk

CJT.TO vs. CLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CJT.TO

CJT.TO Risk / Return Rank: 28
CJT.TO Sharpe Ratio Rank: 27
CJT.TO Sortino Ratio Rank: 25
CJT.TO Omega Ratio Rank: 25
CJT.TO Calmar Ratio Rank: 32
CJT.TO Martin Ratio Rank: 30

CLS

CLS Risk / Return Rank: 92
CLS Sharpe Ratio Rank: 94
CLS Sortino Ratio Rank: 87
CLS Omega Ratio Rank: 87
CLS Calmar Ratio Rank: 95
CLS Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CJT.TO vs. CLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cargojet Inc. (CJT.TO) and Celestica Inc. (CLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CJT.TO	CLS	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	3.05	-3.38
Sortino ratio: Return per unit of downside risk	-0.27	2.94	-3.21
Omega ratio: Gain probability vs. loss probability	0.97	1.39	-0.43
Calmar ratio: Return relative to maximum drawdown	-0.31	6.85	-7.15
Martin ratio: Return relative to average drawdown	-0.60	17.25	-17.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CJT.TO vs. CLS - Sharpe Ratio Comparison

The current CJT.TO Sharpe Ratio is -0.34, which is lower than the CLS Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of CJT.TO and CLS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CJT.TO	CLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.34	3.05	-3.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	2.11	-2.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.90	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.67	-0.26

Drawdowns

CJT.TO vs. CLS - Drawdown Comparison

The maximum CJT.TO drawdown since its inception was -83.85%, which is greater than CLS's maximum drawdown of -79.25%. Use the drawdown chart below to compare losses from any high point for CJT.TO and CLS.

Drawdown Indicators

	CJT.TO	CLS	Difference
Max Drawdown Largest peak-to-trough decline	-83.85%	-79.25%	-4.60%
Max Drawdown (1Y) Largest decline over 1 year	-37.77%	-31.99%	-5.78%
Max Drawdown (3Y) Largest decline over 3 years	-50.87%	-54.22%	+3.35%
Max Drawdown (5Y) Largest decline over 5 years	-66.58%	-54.22%	-12.36%
Max Drawdown (10Y) Largest decline over 10 years	-71.09%	-79.25%	+8.16%
Current Drawdown Current decline from peak	-64.37%	-20.76%	-43.61%
Average Drawdown Average peak-to-trough decline	-22.52%	-22.37%	-0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.13%	12.67%	+6.46%

Volatility

CJT.TO vs. CLS - Volatility Comparison

The current volatility for Cargojet Inc. (CJT.TO) is 8.52%, while Celestica Inc. (CLS) has a volatility of 27.19%. This indicates that CJT.TO experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CJT.TO	CLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.52%	27.19%	-18.67%
Volatility (6M) Calculated over the trailing 6-month period	22.63%	54.63%	-32.00%
Volatility (1Y) Calculated over the trailing 1-year period	34.01%	71.93%	-37.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.18%	56.47%	-19.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.78%	48.61%	-12.83%

Dividends

CJT.TO vs. CLS - Dividend Comparison

CJT.TO's dividend yield for the trailing twelve months is around 1.74%, while CLS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CJT.TO Cargojet Inc.	1.74%	1.67%	1.23%	0.98%	0.96%	0.62%	0.44%	0.91%	1.20%	1.29%	1.42%	2.31%
CLS Celestica Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CJT.TO vs. CLS - Profitability Comparison

The chart below illustrates the profitability comparison between Cargojet Inc. and Celestica Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CJT.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cargojet Inc. reported a gross profit of 40.00M and revenue of 254.70M. Therefore, the gross margin over that period was 15.7%.

CLS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.

CJT.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cargojet Inc. reported an operating income of 18.40M and revenue of 254.70M, resulting in an operating margin of 7.2%.

CLS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.

CJT.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cargojet Inc. reported a net income of 4.10M and revenue of 254.70M, resulting in a net margin of 1.6%.

CLS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.

Frequently Asked Questions

Can I hold both CJT.TO and CLS in my portfolio?

CJT.TO and CLS have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.