FN vs. CLS

Last updated Apr 1, 2026

Compare and contrast key facts about Fabrinet (FN) and Celestica Inc. (CLS).

Performance

FN vs. CLS - Performance Comparison

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

FN vs. CLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FN Fabrinet	14.55%	107.06%	15.53%	48.44%	8.23%	52.69%	19.66%	26.37%	78.78%	-28.78%
CLS Celestica Inc.	-4.71%	220.27%	215.23%	159.80%	1.26%	37.92%	-2.42%	-5.70%	-16.32%	-11.56%

Fundamentals

Market Cap FN : $18.87B CLS : $32.65B
EPS FN : $10.36 CLS : $7.19
PE Ratio FN : 50.35 CLS : 39.16
PEG Ratio FN : 2.16 CLS : 0.53
PS Ratio FN : 4.84 CLS : 2.63
PB Ratio FN : 8.64 CLS : 14.76
Total Revenue (TTM) FN : $3.89B CLS : $12.41B
Gross Profit (TTM) FN : $467.60M CLS : $1.44B
EBITDA (TTM) FN : $458.04M CLS : $1.21B

Returns By Period

In the year-to-date period, FN achieves a 14.55% return, which is significantly higher than CLS's -4.71% return. Over the past 10 years, FN has underperformed CLS with an annualized return of 32.12%, while CLS has yielded a comparatively higher 38.34% annualized return.

FN

• 1D: 6.03%
• 1M: -4.42%
• YTD: 14.55%
• 6M: 43.03%
• 1Y: 164.05%
• 3Y*: 63.76%
• 5Y*: 41.68%
• 10Y*: 32.12%

CLS

• 1D: 9.49%
• 1M: 1.46%
• YTD: -4.71%
• 6M: 14.33%
• 1Y: 257.42%
• 3Y*: 179.50%
• 5Y*: 100.42%
• 10Y*: 38.34%

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

Return for Risk

FN vs. CLS — Risk / Return Rank

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

FN

FN Risk / Return Rank: 93
FN Sharpe Ratio Rank: 95
FN Sortino Ratio Rank: 89
FN Omega Ratio Rank: 89
FN Calmar Ratio Rank: 98
FN Martin Ratio Rank: 97

CLS

CLS Risk / Return Rank: 96
CLS Sharpe Ratio Rank: 98
CLS Sortino Ratio Rank: 94
CLS Omega Ratio Rank: 93
CLS Calmar Ratio Rank: 98
CLS Martin Ratio Rank: 97

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.

FN vs. CLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fabrinet (FN) 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.

	FN	CLS	Difference
Sharpe ratio Return per unit of total volatility	2.53	3.61	-1.08
Sortino ratio Return per unit of downside risk	2.67	3.28	-0.61
Omega ratio Gain probability vs. loss probability	1.37	1.44	-0.07
Calmar ratio Return relative to maximum drawdown	8.07	8.23	-0.16
Martin ratio Return relative to average drawdown	20.16	21.92	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FN vs. CLS - Sharpe Ratio Comparison

The current FN Sharpe Ratio is 2.53, which is comparable to the CLS Sharpe Ratio of 3.61. The chart below compares the historical Sharpe Ratios of FN and CLS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FN	CLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	3.61	-1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	1.81	-1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.79	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.25	+0.32

Correlation

The correlation between FN and CLS is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FN vs. CLS - Dividend Comparison

Neither FN nor CLS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FN vs. CLS - Drawdown Comparison

The maximum FN drawdown since its inception was -70.46%, smaller than the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for FN and CLS.

Drawdown Indicators

	FN	CLS	Difference
Max Drawdown Largest peak-to-trough decline	-70.46%	-96.93%	+26.47%
Max Drawdown (1Y) Largest decline over 1 year	-20.55%	-29.24%	+8.69%
Max Drawdown (5Y) Largest decline over 5 years	-38.70%	-53.96%	+15.26%
Max Drawdown (10Y) Largest decline over 10 years	-51.11%	-80.60%	+29.49%
Current Drawdown Current decline from peak	-15.34%	-20.12%	+4.78%
Average Drawdown Average peak-to-trough decline	-22.78%	-73.79%	+51.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.23%	10.98%	-2.75%

Volatility

FN vs. CLS - Volatility Comparison

Fabrinet (FN) has a higher volatility of 28.70% compared to Celestica Inc. (CLS) at 23.87%. This indicates that FN's price experiences larger fluctuations and is considered to be riskier than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FN	CLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.70%	23.87%	+4.83%
Volatility (6M) Calculated over the trailing 6-month period	50.83%	54.95%	-4.12%
Volatility (1Y) Calculated over the trailing 1-year period	65.21%	72.02%	-6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.79%	55.73%	-3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.40%	48.76%	-1.36%

Financials

FN vs. CLS - Profitability Comparison

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

FN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fabrinet reported a gross profit of 137.68M and revenue of 1.13B. Therefore, the gross margin over that period was 12.2%.

CLS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Celestica Inc. reported a gross profit of 427.57M and revenue of 3.71B. Therefore, the gross margin over that period was 11.5%.

FN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fabrinet reported an operating income of 114.40M and revenue of 1.13B, resulting in an operating margin of 10.1%.

CLS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Celestica Inc. reported an operating income of 325.73M and revenue of 3.71B, resulting in an operating margin of 8.8%.

FN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fabrinet reported a net income of 112.63M and revenue of 1.13B, resulting in a net margin of 9.9%.

CLS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Celestica Inc. reported a net income of 271.61M and revenue of 3.71B, resulting in a net margin of 7.3%.