CLS.TO vs. SANM
CLS.TO (Celestica Inc.) and SANM (Sanmina Corporation) are both stocks. Both operate in the Electronic Components industry within the Technology sector. Over the past 10 years, CLS.TO returned 46.55%/yr vs 27.14%/yr for SANM. At a 0.46 correlation, their price movements are largely independent.
Performance
CLS.TO vs. SANM - Performance Comparison
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Different Trading Currencies
CLS.TO is traded in CAD, while SANM is traded in USD. To make them comparable, the SANM values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CLS.TO achieves a 56.66% return, which is significantly lower than SANM's 90.79% return. Over the past 10 years, CLS.TO has outperformed SANM with an annualized return of 46.55%, while SANM has yielded a comparatively lower 27.14% annualized return.
CLS.TO
- 1D
- -2.57%
- 1M
- 10.98%
- YTD
- 56.66%
- 6M
- 47.87%
- 1Y
- 281.88%
- 3Y*
- 230.43%
- 5Y*
- 127.58%
- 10Y*
- 46.55%
SANM
- 1D
- 1.98%
- 1M
- 33.17%
- YTD
- 90.79%
- 6M
- 78.86%
- 1Y
- 224.83%
- 3Y*
- 75.49%
- 5Y*
- 50.25%
- 10Y*
- 27.14%
CLS.TO vs. SANM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLS.TO Celestica Inc. | 56.66% | 206.05% | 241.82% | 154.33% | 8.23% | 37.29% | -4.64% | -9.95% | -9.26% | -17.16% |
SANM Sanmina Corporation | 90.79% | 89.23% | 59.96% | -12.31% | 48.03% | 28.83% | -8.44% | 35.32% | -20.91% | -15.69% |
Correlation
The correlation between CLS.TO and SANM is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | 0.46 |
The correlation between CLS.TO and SANM has been stable across timeframes, ranging from 0.46 to 0.53 - a consistent structural relationship.
Fundamentals
CLS.TO:
CA$73.59B
SANM:
$15.64B
CLS.TO:
CA$8.28
SANM:
$4.72
CLS.TO:
76.78
SANM:
59.85
CLS.TO:
1.03
SANM:
11.67
CLS.TO:
5.34
SANM:
1.37
CLS.TO:
35.07
SANM:
2.22
CLS.TO:
CA$13.81B
SANM:
$11.34B
CLS.TO:
CA$1.60B
SANM:
$968.36M
CLS.TO:
CA$1.36B
SANM:
$365.81M
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Return for Risk
CLS.TO vs. SANM — Risk / Return Rank
CLS.TO
SANM
CLS.TO vs. SANM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Celestica Inc. (CLS.TO) and Sanmina Corporation (SANM). 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.
| CLS.TO | SANM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.52 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 8.95 | 6.76 | +2.20 |
| Martin ratioReturn relative to average drawdown | 22.62 | 17.14 | +5.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLS.TO | SANM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.07 | 3.38 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.29 | 1.17 | +1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.96 | 0.67 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.72 | -0.50 |
Drawdowns
CLS.TO vs. SANM - Drawdown Comparison
The maximum CLS.TO drawdown since its inception was -97.34%, which is greater than SANM's maximum drawdown of -66.56%. Use the drawdown chart below to compare losses from any high point for CLS.TO and SANM.
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Drawdown Indicators
| CLS.TO | SANM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.34% | -66.56% | -30.78% |
Max Drawdown (1Y)Largest decline over 1 year | -31.71% | -33.50% | +1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -54.25% | -33.50% | -20.75% |
Max Drawdown (5Y)Largest decline over 5 years | -54.25% | -33.50% | -20.75% |
Max Drawdown (10Y)Largest decline over 10 years | -79.32% | -51.43% | -27.89% |
Current DrawdownCurrent decline from peak | -2.57% | 0.00% | -2.57% |
Average DrawdownAverage peak-to-trough decline | -75.63% | -19.15% | -56.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.53% | 13.18% | -0.65% |
Volatility
CLS.TO vs. SANM - Volatility Comparison
Celestica Inc. (CLS.TO) has a higher volatility of 22.94% compared to Sanmina Corporation (SANM) at 14.39%. This indicates that CLS.TO's price experiences larger fluctuations and is considered to be riskier than SANM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLS.TO | SANM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.94% | 14.39% | +8.55% |
Volatility (6M)Calculated over the trailing 6-month period | 53.04% | 48.80% | +4.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.90% | 66.91% | +2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.12% | 43.09% | +13.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.56% | 40.86% | +7.70% |
Dividends
CLS.TO vs. SANM - Dividend Comparison
Neither CLS.TO nor SANM has paid dividends to shareholders.
Financials
CLS.TO vs. SANM - Financials Comparison
This section allows you to compare key financial metrics between Celestica Inc. and Sanmina Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CLS.TO vs. SANM - Profitability Comparison
CLS.TO - 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%.
SANM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported a gross profit of 354.98M and revenue of 4.01B. Therefore, the gross margin over that period was 8.9%.
CLS.TO - 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 267.70M and revenue of 4.05B, resulting in an operating margin of 6.6%.
SANM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported an operating income of 157.01M and revenue of 4.01B, resulting in an operating margin of 3.9%.
CLS.TO - 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%.
SANM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported a net income of 93.65M and revenue of 4.01B, resulting in a net margin of 2.3%.
Frequently Asked Questions
CLS.TO and SANM have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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