CLS vs. CRDO: Celestica vs. Credo Stock Comparison

November 11, 2026

How do Celestica (CLS) and Credo (CRDO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Celestica (CLS) and Credo (CRDO) share the Information Technology sector but sit in different industry groups — CLS in Technology Hardware & Equipment and CRDO in Semiconductors & Semiconductor Equipment.

Celestica (CLS) has more than two decades of public-market history since June 30, 1998, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.

Company profile comparison for Celestica (CLS) and Credo (CRDO)
Profile Item	CLS	CRDO
Name	Celestica Inc.	Credo Technology Group Holding Ltd
Country/Region	Canada	Cayman Islands
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Electronic Equipment, Instruments & Components	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Electronic Manufacturing Services	Semiconductors
Market Capitalization	26.06 billion USD	22.65 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 30, 1998	January 27, 2022
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CLS

CRDO

GSPC

Celestica (CLS) vs. Credo (CRDO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Celestica (CLS) and Credo (CRDO). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Celestica (CLS) and Credo (CRDO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
Total Return (1Y)	-30.98%	-17.42%
Total Return (3Y, Annualized)	108.72%	107.84%
Total Return (5Y, Annualized)	80.82%	--

Risk Profile

Drawdown History

CLS

CRDO

GSPC

Celestica (CLS) vs. Credo (CRDO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Celestica (CLS) and Credo (CRDO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
Volatility (1Y, Annualized)	80.89%	98.54%
Beta (5Y)	2.16	3.31
Max Drawdown (5Y)	-56.47%	-62.87%
Avg. Volume (3M)	2.61M	8.02M

Risk-Adjusted Performance

Risk-Return Positioning

CLS and CRDO are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
Sharpe Ratio (1Y)	-0.44	-0.22
Sortino Ratio (1Y)	-0.59	-0.32

Profitability

ROE (TTM)

Both Celestica (CLS) at 30.23% and Credo (CRDO) at 30.67% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

CLS

Technology Hardware & Equipment industry group

30.23%

Max: 42.47%
CLS: 30.23%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

CRDO

Semiconductors & Semiconductor Equipment industry group

30.67%

Max: 52.82%
CRDO: 30.67%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Celestica (CLS) vs. Credo (CRDO): A comparison of their ROE against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Net Margin (TTM)

Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of Celestica (CLS) at 6.83%, which keeps about the industry-typical share.

CLS

Technology Hardware & Equipment industry group

6.83%

Max: 27.60%
Q3: 11.66%
CLS: 6.83%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

CRDO

Semiconductors & Semiconductor Equipment industry group

33.83%

Max: 63.80%
CRDO: 33.83%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Celestica (CLS) vs. Credo (CRDO): A comparison of their net margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Operating Margin (TTM)

Both Celestica (CLS) at 7.91% and Credo (CRDO) at 25.20% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CLS

Technology Hardware & Equipment industry group

7.91%

Max: 36.27%
Q3: 18.36%
Median: 8.84%
CLS: 7.91%
Q1: 1.46%
Min: -21.39%

CRDO

Semiconductors & Semiconductor Equipment industry group

25.20%

Max: 58.66%
Q3: 30.23%
CRDO: 25.20%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Celestica (CLS) vs. Credo (CRDO): A comparison of their operating margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
ROE (TTM)	30.23%	30.67%
ROA (TTM)	8.72%	16.11%
Net Margin (TTM)	6.83%	33.83%
Operating Margin (TTM)	7.91%	25.20%
Gross Margin (TTM)	11.46%	67.07%

Growth

Revenue Growth

Both companies are growing quickly, but Credo (CRDO) at 205.68% is the standout with revenue growth above its industry range; Celestica (CLS) at 28.46% also sits in the top quartile.

Celestica (CLS) vs. Credo (CRDO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Credo (CRDO) at 765.52% is the standout with EPS growth above its industry range; Celestica (CLS) at 98.34% also sits in the top quartile.

Celestica (CLS) vs. Credo (CRDO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
Revenue Growth (YoY)	28.46%	205.68%
Revenue Growth (3Y CAGR)	19.56%	93.53%
EPS Growth (YoY)	98.34%	765.52%
EPS Growth (3Y CAGR)	82.39%	--

Financial Strength

Current Ratio (MRQ)

Celestica (CLS) at 1.61 keeps current ratio within its industry’s typical mid-range, while Credo (CRDO) at 7.40 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CLS

Technology Hardware & Equipment industry group

1.61

Max: 5.34
Q3: 3.02
Median: 1.95
CLS: 1.61
Q1: 1.32
Min: 0.17

CRDO

Semiconductors & Semiconductor Equipment industry group

7.40

Max: 10.33
CRDO: 7.40
Q3: 5.62
Median: 3.33
Q1: 2.35
Min: 1.03

Celestica (CLS) vs. Credo (CRDO): A comparison of their current ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Debt / Equity (MRQ)

Credo (CRDO) at 0.01 keeps leverage in the lower industry quartile, while Celestica (CLS) at 0.17 runs a more typical debt-to-equity mix.

CLS

Technology Hardware & Equipment industry group

0.17

Max: 1.76
Q3: 0.78
Median: 0.24
CLS: 0.17
Q1: 0.04
Min: 0.01

CRDO

Semiconductors & Semiconductor Equipment industry group

0.01

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
CRDO: 0.01
Min: 0.00

Celestica (CLS) vs. Credo (CRDO): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
Current Ratio (MRQ)	1.61	7.40
Debt / Equity (MRQ)	0.17	0.01
Net Debt / EBITDA	-1.72	-1.36

Dividends

Dividend Yield (TTM)

Neither Celestica (CLS) nor Credo (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CLS

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
CLS: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRDO

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
CRDO: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Celestica (CLS) vs. Credo (CRDO): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Neither Celestica (CLS) nor Credo (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CLS

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
CLS: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRDO

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
CRDO: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Celestica (CLS) vs. Credo (CRDO): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both Celestica (CLS) at 19.50 and Credo (CRDO) at 42.73 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CLS

Technology Hardware & Equipment industry group

19.50

Max: 69.48
Q3: 41.02
Median: 26.39
CLS: 19.50
Q1: 19.36
Min: 6.07

CRDO

Semiconductors & Semiconductor Equipment industry group

42.73

Max: 110.34
Q3: 66.81
CRDO: 42.73
Median: 37.02
Q1: 23.96
Min: 8.12

Celestica (CLS) vs. Credo (CRDO): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/S Ratio (TTM)

Celestica (CLS) at 1.43 is priced about in line with its industry on P/S ratio, while Credo (CRDO) at 14.24 sits in the pricier quartile — CRDO costs more per dollar of sales.

CLS

Technology Hardware & Equipment industry group

1.43

Max: 11.30
Q3: 5.82
Median: 2.56
CLS: 1.43
Q1: 1.05
Min: 0.00

CRDO

Semiconductors & Semiconductor Equipment industry group

14.24

Max: 21.42
CRDO: 14.24
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

Celestica (CLS) vs. Credo (CRDO): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/B Ratio (MRQ)

Celestica (CLS) at 4.19 is valued about in line with its industry on P/B ratio, while Credo (CRDO) at 8.29 carries an above-peer premium to book — CRDO is pricier on assets.

CLS

Technology Hardware & Equipment industry group

4.19

Max: 10.75
Q3: 5.52
CLS: 4.19
Median: 3.17
Q1: 1.79
Min: 0.33

CRDO

Semiconductors & Semiconductor Equipment industry group

8.29

Max: 14.06
CRDO: 8.29
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Celestica (CLS) vs. Credo (CRDO): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Celestica (CLS) and Credo (CRDO)
Metric	CLS	CRDO
P/E Ratio (TTM)	19.50	42.73
P/S Ratio (TTM)	1.43	14.24
P/B Ratio (MRQ)	4.19	8.29
Free Cash Flow Yield (TTM)	3.08%	1.10%