CLS vs JBL vs BHE Stock Comparison

Celestica, Jabil and Benchmark Electronics Prices as of Oct 23, 2026 Peers: Industry group
CLS Celestica Inc
$259.98 -28.4% 1M -8.0% 1Y
Market cap
$28.45B
P/E
25.5x
Revenue (TTM)
$15.59B
Div. yield
–
Electronic Manufacturing Services Technology
6 wins
JBL Jabil Inc
$273.98 -11.3% 1M +32.6% 1Y
Market cap
$29.16B
P/E
28.0x
Revenue (TTM)
$35.95B
Div. yield
–
Electronic Manufacturing Services Technology
2 wins
BHE Benchmark Electronics Inc
$65.81 -20.7% 1M +54.3% 1Y
Market cap
$2.40B
P/E
45.1x
Revenue (TTM)
$2.82B
Div. yield
–
Electronic Manufacturing Services Technology
3 wins

Head to Head

11 decided of 12

Celestica leads on 6 of the 12 questions below (Celestica 6, Benchmark Electronics 3, Jabil 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLSJBLBHELeader
Larger companyMarket capitalisation $28.45B $29.16B $2.40B JBL
Cheaper on earningsLower P/E, profitable companies only 25.5x 28.0x 45.1x CLS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.8x 15.9x 22.9x JBL
Faster revenue growthRevenue growth, trailing twelve months +47.3% +20.6% +8.9% CLS
More profitableNet margin, trailing twelve months 7.2% 2.9% 1.9% CLS
Better return on capitalReturn on invested capital 37.9% 25.9% 4.7% CLS
Less leveragedLower net debt / EBITDA 0.2x 0.7x -0.9x BHE
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -8.0% +32.6% +54.3% BHE
Better 5-year returnAnnualised price return, 5 years +94.6%/yr +34.8%/yr +21.1%/yr CLS
Less volatileAnnualised volatility, 1 year 79.0% 47.7% 45.3% BHE
Higher overall scoreMean of the five percentile scores vs peers 64/100 58/100 61/100 CLS

Percentile Scorecard

CLSJBLBHE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLSJBLBHE
Valuation 55 #51 of 112 71 #33 of 112 85 #18 of 112
Growth 94 #8 of 109 66 #38 of 109 55 #50 of 109
Profitability 80 #22 of 105 68 #34 of 105 52 #51 of 105
Financial Health 35 #76 of 117 19 #95 of 117 50 #59 of 117
Shareholder Returns 54 #38 of 82 65 #29 of 82 62 #32 of 82
Overall 64 58 61
  • CLS ranked among 122 companies in Computer Hardware
  • JBL ranked among 122 companies in Computer Hardware
  • BHE ranked among 122 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLSJBLBHESPY
1 month -28.4%-11.3%-20.7% -1.0%
3 months -14.8%-12.4%-18.9% +2.9%
6 months -36.6%-19.8%-5.3% +6.4%
Year to date -12.1%+20.2%+53.9% +11.4%
1 year -8.0%+32.6%+54.3% +13.1%
3 years +899.5%+120.1%+184.6% +79.4%
3 years, per year +115.5%+30.1%+41.8% +21.5%
5 years +2,683.5%+344.6%+160.1% +67.7%
5 years, per year +94.6%+34.8%+21.1% +10.9%
10 years +2,162.7%+1,163.7%+159.6% +255.2%
10 years, per year +36.6%+28.9%+10.0% +13.5%

Risk

MeasureCLSJBLBHESPY
Volatility, 1Y 79.0%47.7%45.3% 12.7%
Downside volatility, 1Y 86.3%52.6%47.1% 12.7%
Beta vs S&P 500, 1Y 3.372.181.95 1.00
Return / volatility, 1Y -0.100.681.20 1.03
Max drawdown, 5Y -54.0%-36.9%-37.2% -25.4%
From 52-week high -45.0%-29.0%-33.3% -2.5%
52-week high $472.40$385.63$98.67 $779.14
52-week low $249.52$192.49$42.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLSJBLBHE
P/E now vs peer median 26.8xmedian 31.3x 27.8xmedian 31.3x 44.5xmedian 31.3x
P/S now vs peer median 1.9xmedian 2.6x 0.8xmedian 2.6x 0.8xmedian 2.6x
EV/EBITDA now vs peer median 19.5xmedian 19.6x 12.7xmedian 19.6x 14.5xmedian 19.6x
P/FCF now vs peer median 57.6xmedian 28.3x 20.8xmedian 28.3x 18.6xmedian 28.3x
P/B now vs peer median 12.1xmedian 2.9x 17.7xmedian 2.9x 2.1xmedian 2.9x
PEG now vs peer median —median 1.15 1.60median 1.15 -5.72median 1.15

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLSJBLBHE
Revenue $15.59B $35.95B $2.82B
Gross profit $1.86B $3.32B $289.75M
Operating income $1.37B $1.70B $95.93M
Net income $1.12B $1.04B $53.14M
Free cash flow $518.70M $1.37B $126.98M
R&D $154.10M $30.00M –
EPS (diluted) $9.61 $9.75 $1.46
Cash & equivalents $535.70M $1.74B $314.84M
Total debt $810.40M $3.38B $812.74M
Shares (diluted) 116.20M 106.90M 36.40M
Enterprise value $26.64B $22.66B $1.15B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLSJBLBHE
P/E 26.8x 27.8x 44.5x
P/FCF 57.6x 20.8x 18.6x
P/Operating cash flow 26.1x 14.3x 13.4x
P/S 1.9x 0.8x 0.8x
P/B 12.1x 17.7x 2.1x
P/Tangible book 13.4x 28.2x 2.1x
EV/EBITDA 19.5x 12.7x 14.5x
EV/EBIT 22.0x 17.8x 23.2x
EV/Revenue 1.9x 0.8x 0.8x
EV/FCF 58.2x 22.0x 17.6x
EV/Operating cash flow 26.4x 15.1x 12.6x
PEG (3Y EPS CAGR) – 1.60 -5.72

Growth

14 metrics
MetricCLSJBLBHE
Revenue growth (1Y) 47.3% 20.6% 8.9%
Revenue CAGR (3Y) – 1.2% -1.5%
Gross profit growth (1Y) 55.0% 25.4% 10.3%
Gross profit CAGR (3Y) – 5.0% 2.4%
Operating income growth (1Y) 84.6% 44.2% 7.9%
Operating income CAGR (3Y) – 3.5% -1.2%
Net income growth (1Y) 107.4% 58.6% 46.7%
Net income CAGR (3Y) – 8.4% -7.2%
EPS growth (1Y) 106.8% 64.5% 46.2%
EPS CAGR (3Y) – 17.4% -7.8%
Operating cash flow growth (1Y) 108.4% 22.1% 55.8%
Operating cash flow CAGR (3Y) – 4.9% 60.0%
Free cash flow growth (1Y) 34.3% 17.2% 57.3%
Free cash flow CAGR (3Y) – 25.0% 41.8%

Profitability

14 metrics
MetricCLSJBLBHE
Gross margin 12.0% 9.2% 10.3%
EBITDA margin 9.9% 6.6% 5.5%
Operating margin 8.8% 4.7% 3.4%
Pretax margin 8.4% 3.9% 3.0%
Net margin 7.2% 2.9% 1.9%
FCF margin 3.3% 3.8% 4.5%
Operating cash flow margin 7.3% 5.6% 6.3%
Return on equity 48.8% 70.7% 4.8%
Return on assets 12.4% 4.1% 2.5%
Return on invested capital 37.9% 25.9% 4.7%
Return on capital employed 48.2% 43.1% 7.1%
Asset turnover 1.7x 1.4x 1.3x
Cash conversion (OCF / net income) 1.0x 1.9x 3.3x
Stock comp / revenue 0.5% – 0.7%

Financial Health

11 metrics
MetricCLSJBLBHE
Debt / assets 8.3% 12.3% 8.2%
Debt / equity 0.3x 2.1x 0.2x
Net debt / EBITDA 0.2x 0.7x -0.9x
Debt / FCF 1.6x 2.5x 1.4x
Liabilities / assets 74.7% 94.1% 49.6%
Equity / assets 25.3% 5.9% 50.4%
Interest coverage 21.9x – 6.0x
Current ratio 1.2x 1.0x 2.0x
Quick ratio 0.7x 0.4x 1.2x
Cash ratio 0.1x 0.1x 0.4x
Altman Z-score – 2.55 3.50

Shareholder Returns

7 metrics
MetricCLSJBLBHE
Dividend yield – 0.1% 1.0%
Net buyback yield 0.2% 3.6% 0.7%
Shareholder yield 0.2% 3.7% 1.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLSJBLBHE
Forward P/E 22.8xFY2026 15.9xFY2027 22.9xFY2026
EPS, next fiscal year $11.40FY2026 $17.25FY2027 $2.88FY2026
EPS growth, next FY +91.0%FY2026 +31.8%FY2027 +20.0%FY2026
EPS growth, the year after +77.5% +36.2% +21.5%
Revenue, next fiscal year $19.74BFY2026 $46.50BFY2027 $3.16BFY2026
Revenue growth, next FY +61.4%FY2026 +29.3%FY2027 +18.8%FY2026
Revenue growth, the year after +69.4% +17.4% +9.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLSJBLBHE
Held by institutions 69.0% 96.9% 100.0%
Institutions holding 873 1,120 331
Change in shares held, QoQ +5.0% +3.2% -0.2%
Institutions buying 518 618 190
Institutions selling 272 373 106
Buyers to sellers 1.90 1.66 1.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLSJBLBHE
CLS 1.00 0.62 0.60
JBL 0.62 1.00 0.74
BHE 0.60 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLS, JBL and BHE?

Jabil (JBL) is the largest by market capitalisation: Celestica (CLS) $28.45B, Jabil (JBL) $29.16B, Benchmark Electronics (BHE) $2.40B.

Which stock is cheaper, CLS, JBL and BHE?

Celestica (CLS) trades on the lowest price-to-earnings ratio (Celestica (CLS) 25.5x, Jabil (JBL) 28.0x, Benchmark Electronics (BHE) 45.1x). On next year's consensus earnings, Jabil (JBL) is cheapest (Celestica (CLS) 22.8x, Jabil (JBL) 15.9x, Benchmark Electronics (BHE) 22.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Celestica (CLS) grew revenue fastest over the trailing twelve months: Celestica (CLS) +47.3%, Jabil (JBL) +20.6%, Benchmark Electronics (BHE) +8.9%.

Which company is more profitable?

Celestica (CLS) has the highest net margin (Celestica (CLS) 7.2%, Jabil (JBL) 2.9%, Benchmark Electronics (BHE) 1.9%). On return on invested capital, Celestica (CLS) leads (Celestica (CLS) 37.9%, Jabil (JBL) 25.9%, Benchmark Electronics (BHE) 4.7%).

Which stock has performed better?

Over the past year Benchmark Electronics (BHE) returned the most: Celestica (CLS) -8.0%, Jabil (JBL) +32.6%, Benchmark Electronics (BHE) +54.3%. Over five years, Celestica (CLS) compounded fastest (Celestica (CLS) +94.6%/yr, Jabil (JBL) +34.8%/yr, Benchmark Electronics (BHE) +21.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Benchmark Electronics (BHE) has been the steadiest (Celestica (CLS) 79.0%, Jabil (JBL) 47.7%, Benchmark Electronics (BHE) 45.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLS, JBL and BHE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Celestica (CLS) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.