ANET vs. CLS: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ANET and CLS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ANET’s market capitalization of 128.76 billion USD is substantially larger than CLS’s 18.31 billion USD, indicating a significant difference in their market valuations.
With betas of 1.38 for ANET and 1.64 for CLS, both stocks show similar sensitivity to overall market movements.
| Symbol | ANET | CLS |
|---|---|---|
| Company Name | Arista Networks, Inc. | Celestica Inc. |
| Country | US | CA |
| Sector | Technology | Technology |
| Industry | Computer Hardware | Hardware, Equipment & Parts |
| CEO | Jayshree V. Ullal | Robert Andrew Mionis |
| Price | 102.52 USD | 159.26 USD |
| Market Cap | 128.76 billion USD | 18.31 billion USD |
| Beta | 1.38 | 1.64 |
| Exchange | NYSE | NYSE |
| IPO Date | June 6, 2014 | June 30, 1998 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ANET and CLS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ANET
32.05%
Computer Hardware Industry
- Max
- 123.03%
- Q3
- 15.78%
- Median
- -13.44%
- Q1
- -119.16%
- Min
- -227.95%
In the upper quartile for the Computer Hardware industry, ANET’s Return on Equity of 32.05% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
CLS
23.32%
Hardware, Equipment & Parts Industry
- Max
- 38.64%
- Q3
- 17.03%
- Median
- 8.95%
- Q1
- 1.23%
- Min
- -14.34%
In the upper quartile for the Hardware, Equipment & Parts industry, CLS’s Return on Equity of 23.32% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
ANET
23.89%
Computer Hardware Industry
- Max
- 30.37%
- Q3
- 20.44%
- Median
- 7.03%
- Q1
- -12.47%
- Min
- -31.70%
In the upper quartile for the Computer Hardware industry, ANET’s Return on Invested Capital of 23.89% signifies a highly effective use of its capital to generate profits when compared to its peers.
CLS
16.79%
Hardware, Equipment & Parts Industry
- Max
- 17.24%
- Q3
- 9.87%
- Median
- 6.54%
- Q1
- 1.56%
- Min
- -7.50%
In the upper quartile for the Hardware, Equipment & Parts industry, CLS’s Return on Invested Capital of 16.79% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
ANET
40.72%
Computer Hardware Industry
- Max
- 40.72%
- Q3
- 10.87%
- Median
- 4.33%
- Q1
- -378.64%
- Min
- -753.20%
A Net Profit Margin of 40.72% places ANET in the upper quartile for the Computer Hardware industry, signifying strong profitability and more effective cost management than most of its peers.
CLS
4.09%
Hardware, Equipment & Parts Industry
- Max
- 22.76%
- Q3
- 11.04%
- Median
- 3.80%
- Q1
- 1.13%
- Min
- -8.57%
CLS’s Net Profit Margin of 4.09% is aligned with the median group of its peers in the Hardware, Equipment & Parts industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
ANET
42.27%
Computer Hardware Industry
- Max
- 42.27%
- Q3
- 13.53%
- Median
- 4.56%
- Q1
- -295.01%
- Min
- -592.84%
An Operating Profit Margin of 42.27% places ANET in the upper quartile for the Computer Hardware industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
CLS
6.01%
Hardware, Equipment & Parts Industry
- Max
- 25.25%
- Q3
- 13.73%
- Median
- 8.22%
- Q1
- 4.35%
- Min
- -0.79%
CLS’s Operating Profit Margin of 6.01% is around the midpoint for the Hardware, Equipment & Parts industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | ANET | CLS |
|---|---|---|
| Return on Equity (TTM) | 32.05% | 23.32% |
| Return on Assets (TTM) | 20.86% | 7.07% |
| Return on Invested Capital (TTM) | 23.89% | 16.79% |
| Net Profit Margin (TTM) | 40.72% | 4.09% |
| Operating Profit Margin (TTM) | 42.27% | 6.01% |
| Gross Profit Margin (TTM) | 64.09% | 10.59% |
Financial Strength
Current Ratio
ANET
3.93
Computer Hardware Industry
- Max
- 20.73
- Q3
- 11.54
- Median
- 2.69
- Q1
- 1.40
- Min
- 0.73
ANET’s Current Ratio of 3.93 aligns with the median group of the Computer Hardware industry, indicating that its short-term liquidity is in line with its sector peers.
CLS
1.43
Hardware, Equipment & Parts Industry
- Max
- 4.10
- Q3
- 3.23
- Median
- 2.37
- Q1
- 1.81
- Min
- 0.58
CLS’s Current Ratio of 1.43 falls into the lower quartile for the Hardware, Equipment & Parts industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
ANET
--
Computer Hardware Industry
- Max
- 1.36
- Q3
- 0.67
- Median
- 0.04
- Q1
- 0.03
- Min
- 0.00
Debt-to-Equity Ratio data for ANET is currently unavailable.
CLS
0.60
Hardware, Equipment & Parts Industry
- Max
- 1.19
- Q3
- 0.56
- Median
- 0.33
- Q1
- 0.11
- Min
- 0.00
CLS’s leverage is in the upper quartile of the Hardware, Equipment & Parts industry, with a Debt-to-Equity Ratio of 0.60. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
Interest Coverage Ratio
ANET
--
Computer Hardware Industry
- Max
- 32.50
- Q3
- 21.85
- Median
- 4.98
- Q1
- -7.71
- Min
- -34.24
Interest Coverage Ratio data for ANET is currently unavailable.
CLS
12.39
Hardware, Equipment & Parts Industry
- Max
- 28.37
- Q3
- 14.25
- Median
- 9.35
- Q1
- 2.86
- Min
- -13.16
CLS’s Interest Coverage Ratio of 12.39 is positioned comfortably within the norm for the Hardware, Equipment & Parts industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | ANET | CLS |
|---|---|---|
| Current Ratio (TTM) | 3.93 | 1.43 |
| Quick Ratio (TTM) | 3.31 | 0.85 |
| Debt-to-Equity Ratio (TTM) | -- | 0.60 |
| Debt-to-Asset Ratio (TTM) | -- | 0.16 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.58 | 0.88 |
| Interest Coverage Ratio (TTM) | -- | 12.39 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ANET and CLS. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ANET
0.00%
Computer Hardware Industry
- Max
- 9.24%
- Q3
- 1.58%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ANET currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
CLS
0.00%
Hardware, Equipment & Parts Industry
- Max
- 2.16%
- Q3
- 0.66%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CLS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ANET
0.00%
Computer Hardware Industry
- Max
- 193.79%
- Q3
- 30.72%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ANET has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
CLS
0.00%
Hardware, Equipment & Parts Industry
- Max
- 71.55%
- Q3
- 25.37%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CLS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ANET | CLS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio
ANET
42.66
Computer Hardware Industry
- Max
- 24.60
- Q3
- 24.01
- Median
- 20.31
- Q1
- 18.24
- Min
- 13.38
At 42.66, ANET’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Computer Hardware industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
CLS
44.75
Hardware, Equipment & Parts Industry
- Max
- 86.58
- Q3
- 53.54
- Median
- 36.07
- Q1
- 25.99
- Min
- 12.16
CLS’s P/E Ratio of 44.75 is within the middle range for the Hardware, Equipment & Parts industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
ANET
1.80
Computer Hardware Industry
- Max
- 9.77
- Q3
- 5.18
- Median
- 1.77
- Q1
- 1.17
- Min
- 0.02
The Forward PEG Ratio is often not a primary valuation metric in the Computer Hardware industry.
CLS
2.18
Hardware, Equipment & Parts Industry
- Max
- 5.22
- Q3
- 3.27
- Median
- 2.16
- Q1
- 1.77
- Min
- 0.00
The Forward PEG Ratio is often not a primary valuation metric in the Hardware, Equipment & Parts industry.
Price-to-Sales Ratio
ANET
17.31
Computer Hardware Industry
- Max
- 57.61
- Q3
- 47.40
- Median
- 3.37
- Q1
- 1.56
- Min
- 0.43
ANET’s P/S Ratio of 17.31 aligns with the market consensus for the Computer Hardware industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
CLS
1.82
Hardware, Equipment & Parts Industry
- Max
- 8.50
- Q3
- 4.95
- Median
- 2.45
- Q1
- 1.17
- Min
- 0.32
CLS’s P/S Ratio of 1.82 aligns with the market consensus for the Hardware, Equipment & Parts industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ANET
12.77
Computer Hardware Industry
- Max
- 21.21
- Q3
- 14.71
- Median
- 9.28
- Q1
- 3.74
- Min
- 0.43
ANET’s P/B Ratio of 12.77 is within the conventional range for the Computer Hardware industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
CLS
11.86
Hardware, Equipment & Parts Industry
- Max
- 7.53
- Q3
- 4.63
- Median
- 3.34
- Q1
- 2.35
- Min
- 0.48
At 11.86, CLS’s P/B Ratio is at an extreme premium to the Hardware, Equipment & Parts industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | ANET | CLS |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 42.66 | 44.75 |
| Forward PEG Ratio (TTM) | 1.80 | 2.18 |
| Price-to-Sales Ratio (P/S, TTM) | 17.31 | 1.82 |
| Price-to-Book Ratio (P/B, TTM) | 12.77 | 11.86 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 34.02 | 51.94 |
| EV-to-EBITDA (TTM) | 39.62 | 26.15 |
| EV-to-Sales (TTM) | 17.07 | 1.88 |