CLS vs. MDA.TO
CLS (Celestica Inc.) and MDA.TO (MDA Space Ltd.) are both stocks. CLS operates in Electronic Components (Technology), while MDA.TO operates in Aerospace & Defense (Industrials). Over the past 5 years, CLS returned 114.81%/yr vs 25.95%/yr for MDA.TO. At a 0.25 correlation, their price movements are largely independent.
Performance
CLS vs. MDA.TO - Performance Comparison
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Different Trading Currencies
CLS is traded in USD, while MDA.TO is traded in CAD. To make them comparable, the MDA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CLS achieves a 30.75% return, which is significantly lower than MDA.TO's 99.11% return.
CLS
- 1D
- 3.98%
- 1M
- 2.92%
- YTD
- 30.75%
- 6M
- 13.42%
- 1Y
- 220.14%
- 3Y*
- 209.55%
- 5Y*
- 114.81%
- 10Y*
- 43.16%
MDA.TO
- 1D
- 0.66%
- 1M
- 11.96%
- YTD
- 99.11%
- 6M
- 119.52%
- 1Y
- 78.83%
- 3Y*
- 84.50%
- 5Y*
- 25.95%
- 10Y*
- —
CLS vs. MDA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CLS Celestica Inc. | 30.75% | 220.27% | 215.23% | 159.80% | 1.26% | 25.76% |
MDA.TO MDA Space Ltd. | 99.11% | -5.47% | 136.33% | 84.39% | -36.65% | -33.73% |
Correlation
The correlation between CLS and MDA.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.25 |
Fundamentals
CLS:
$44.72B
MDA.TO:
CA$7.17B
CLS:
$8.28
MDA.TO:
CA$0.81
CLS:
46.65
MDA.TO:
66.38
CLS:
0.63
MDA.TO:
0.27
CLS:
3.24
MDA.TO:
4.00
CLS:
21.31
MDA.TO:
3.88
CLS:
$13.81B
MDA.TO:
CA$1.75B
CLS:
$1.60B
MDA.TO:
CA$366.40M
CLS:
$1.32B
MDA.TO:
CA$291.70M
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Return for Risk
CLS vs. MDA.TO — Risk / Return Rank
CLS
MDA.TO
CLS vs. MDA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Celestica Inc. (CLS) and MDA Space Ltd. (MDA.TO). 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 | MDA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 7.58 | 1.46 | +6.12 |
| Martin ratioReturn relative to average drawdown | 18.88 | 3.15 | +15.73 |
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 | MDA.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 1.24 | +1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.01 | 0.53 | +1.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.53 | -0.26 |
Drawdowns
CLS vs. MDA.TO - Drawdown Comparison
The maximum CLS drawdown since its inception was -96.93%, which is greater than MDA.TO's maximum drawdown of -70.91%. Use the drawdown chart below to compare losses from any high point for CLS and MDA.TO.
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Drawdown Indicators
| CLS | MDA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.93% | -70.91% | -26.02% |
Max Drawdown (1Y)Largest decline over 1 year | -29.24% | -54.42% | +25.18% |
Max Drawdown (3Y)Largest decline over 3 years | -53.96% | -54.42% | +0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -53.96% | -68.48% | +14.52% |
Max Drawdown (10Y)Largest decline over 10 years | -80.60% | — | — |
Current DrawdownCurrent decline from peak | -18.18% | -20.13% | +1.95% |
Average DrawdownAverage peak-to-trough decline | -73.36% | -32.46% | -40.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.72% | 25.11% | -13.39% |
Volatility
CLS vs. MDA.TO - Volatility Comparison
Celestica Inc. (CLS) has a higher volatility of 26.60% compared to MDA Space Ltd. (MDA.TO) at 19.31%. This indicates that CLS's price experiences larger fluctuations and is considered to be riskier than MDA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLS | MDA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.60% | 19.31% | +7.29% |
Volatility (6M)Calculated over the trailing 6-month period | 55.08% | 44.24% | +10.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.52% | 64.17% | +8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.62% | 49.48% | +8.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.93% | 49.58% | +0.35% |
Dividends
CLS vs. MDA.TO - Dividend Comparison
Neither CLS nor MDA.TO has paid dividends to shareholders.
Financials
CLS vs. MDA.TO - Financials Comparison
This section allows you to compare key financial metrics between Celestica Inc. and MDA Space Ltd.. 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 vs. MDA.TO - Profitability Comparison
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%.
MDA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a gross profit of 84.00M and revenue of 464.10M. Therefore, the gross margin over that period was 18.1%.
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%.
MDA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported an operating income of 32.30M and revenue of 464.10M, resulting in an operating margin of 7.0%.
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%.
MDA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a net income of 29.60M and revenue of 464.10M, resulting in a net margin of 6.4%.
Frequently Asked Questions
CLS and MDA.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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