DSWL vs CLS vs PLXS Stock Comparison

Deswell Industries, Celestica and Plexus Prices as of Oct 28, 2026 Peers: Industry group
DSWL Deswell Industries Inc
$2.95 -4.5% 1M -16.4% 1Y
Market cap
$47.13M
P/E
4.4x
Revenue (TTM)
—
Div. yield
–
Electronic Manufacturing Services Technology
2 wins
CLS Celestica Inc
$300.08 -15.9% 1M -8.1% 1Y
Market cap
$34.14B
P/E
27.4x
Revenue (TTM)
$18.23B
Div. yield
–
Electronic Manufacturing Services Technology
4 wins
PLXS Plexus Corp
$239.34 -9.7% 1M +66.6% 1Y
Market cap
$5.84B
P/E
28.8x
Revenue (TTM)
$4.96B
Div. yield
–
Electronic Manufacturing Services Technology
2 wins

Head to Head

8 decided of 12

Celestica leads on 4 of the 12 questions below (Celestica 4, Deswell Industries 2, Plexus 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDSWLCLSPLXSLeader
Larger companyMarket capitalisation $47.13M $34.14B $5.84B CLS
Cheaper on earningsLower P/E, profitable companies only 4.4x 27.4x 28.8x DSWL
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 26.0x 28.7x CLS
Faster revenue growthRevenue growth, trailing twelve months — +61.6% +23.1% CLS
More profitableNet margin, trailing twelve months — 6.8% — –
Better return on capitalReturn on invested capital — 25.0% — –
Less leveragedLower net debt / EBITDA — -1.9x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -16.4% -8.1% +66.6% PLXS
Better 5-year returnAnnualised price return, 5 years -5.8%/yr +98.3%/yr +22.4%/yr CLS
Less volatileAnnualised volatility, 1 year 43.2% 79.9% 41.6% PLXS
Higher overall scoreMean of the five percentile scores vs peers 96/100 60/100 43/100 DSWL

Percentile Scorecard

DSWLCLSPLXS

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

AxisDSWLCLSPLXS
Valuation 97 #4 of 111 60 #45 of 111 46 #60 of 111
Growth – 89 #13 of 108 44 #61 of 108
Profitability – 78 #24 of 104 54 #48 of 104
Financial Health 90 #13 of 115 56 #51 of 115 25 #86 of 115
Shareholder Returns 100 #1 of 78 20 #63 of 78 –
Overall 96 60 43
  • DSWL ranked among 121 companies in Computer Hardware
  • CLS ranked among 121 companies in Computer Hardware
  • PLXS ranked among 121 companies in Computer Hardware

Price Performance

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

Returns

PeriodDSWLCLSPLXSSPY
1 month -4.5%-15.9%-9.7% +0.9%
3 months -8.7%-8.8%-0.5% +5.9%
6 months -13.0%-20.3%-4.5% +8.5%
Year to date -14.7%+1.5%+62.8% +13.3%
1 year -16.4%-8.1%+66.6% +12.4%
3 years +30.5%+1,240.8%+152.8% +88.1%
3 years, per year +9.3%+137.7%+36.3% +23.5%
5 years -25.7%+2,955.8%+174.1% +68.2%
5 years, per year -5.8%+98.3%+22.4% +11.0%
10 years +67.6%+2,419.6%+428.0% +263.4%
10 years, per year +5.3%+38.1%+18.1% +13.8%

Risk

MeasureDSWLCLSPLXSSPY
Volatility, 1Y 43.2%79.9%41.6% 12.7%
Downside volatility, 1Y 44.0%86.3%44.0% 12.7%
Beta vs S&P 500, 1Y 0.243.381.74 1.00
Return / volatility, 1Y -0.38-0.101.60 0.98
Max drawdown, 5Y -56.6%-54.0%-34.9% -25.4%
From 52-week high -27.3%-36.5%-21.2% -0.9%
52-week high $4.06$472.40$303.82 $779.14
52-week low $2.91$246.25$132.74 $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.

MultipleDSWLCLSPLXS
P/E now vs peer median 4.4xmedian 33.5x 29.0xmedian 33.5x 31.6xmedian 33.5x
P/S now vs peer median 0.8xmedian 2.8x 2.1xmedian 2.8x 1.3xmedian 2.8x
EV/EBITDA now vs peer median —median 19.6x 20.5xmedian 19.6x —median 19.6x
P/FCF now vs peer median 9.9xmedian 29.8x 69.4xmedian 29.8x 117.8xmedian 29.8x
P/B now vs peer median 0.4xmedian 2.9x 6.1xmedian 2.9x 4.1xmedian 2.9x
PEG now vs peer median —median 1.10 —median 1.10 2.18median 1.10

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 monthsDSWLCLSPLXS
Revenue – $18.23B $4.96B
Gross profit – $2.09B $502.67M
Operating income – $1.50B $263.84M
Net income – $1.25B $202.49M
Free cash flow – $545.40M –
R&D – $168.90M –
EPS (diluted) – $10.23 $7.42
Cash & equivalents $23.06M $3.96B –
Total debt – $818.80M –
Shares (diluted) 15.92M 121.80M 27.29M
Enterprise value -$148.16M $28.67B $5.84B

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
MetricDSWLCLSPLXS
P/E 4.4x 29.0x 31.6x
P/FCF 9.9x 69.4x 117.8x
P/Operating cash flow – 26.9x 93.6x
P/S 0.8x 2.1x 1.3x
P/B 0.4x 6.1x 4.1x
P/Tangible book 0.4x 6.3x 4.1x
EV/EBITDA – 20.5x –
EV/EBIT – 23.1x –
EV/Revenue – 1.9x 1.3x
EV/FCF – 63.6x –
EV/Operating cash flow – 24.7x 93.6x
PEG (3Y EPS CAGR) – – 2.18

Growth

14 metrics
MetricDSWLCLSPLXS
Revenue growth (1Y) – 61.6% 23.1%
Revenue CAGR (3Y) – – 5.6%
Gross profit growth (1Y) – 53.8% 23.7%
Gross profit CAGR (3Y) – – 8.4%
Operating income growth (1Y) – 62.0% 30.4%
Operating income CAGR (3Y) – – 10.4%
Net income growth (1Y) – 73.8% 17.1%
Net income CAGR (3Y) – – 13.3%
EPS growth (1Y) – 65.4% 18.5%
EPS CAGR (3Y) – – 14.5%
Operating cash flow growth (1Y) – 154.8% -72.6%
Operating cash flow CAGR (3Y) – – -25.6%
Free cash flow growth (1Y) – 37.0% –
Free cash flow CAGR (3Y) – – –

Profitability

14 metrics
MetricDSWLCLSPLXS
Gross margin – 11.5% –
EBITDA margin – 9.3% –
Operating margin – 8.3% –
Pretax margin – 8.0% –
Net margin – 6.8% –
FCF margin – 3.0% –
Operating cash flow margin – 7.7% 1.4%
Return on equity – 28.7% –
Return on assets – 10.0% –
Return on invested capital – 25.0% –
Return on capital employed – 32.1% –
Asset turnover – 1.5x 1.3x
Cash conversion (OCF / net income) – 1.1x 0.3x
Stock comp / revenue – 0.5% 0.9%

Financial Health

11 metrics
MetricDSWLCLSPLXS
Debt / assets – 5.4% –
Debt / equity – 0.1x –
Net debt / EBITDA – -1.9x –
Debt / FCF – 1.5x –
Liabilities / assets 15.8% 59.0% 60.0%
Equity / assets 84.2% 41.0% 40.0%
Interest coverage – 21.3x –
Current ratio 5.2x 1.6x 1.4x
Quick ratio 3.1x 1.0x –
Cash ratio 2.5x 0.5x –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricDSWLCLSPLXS
Dividend yield 10.2% – –
Net buyback yield – -8.8% –
Shareholder yield 10.2% -8.8% –
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.

ConsensusDSWLCLSPLXS
Forward P/E – 26.0xFY2026 28.7xFY2026
EPS, next fiscal year – $11.54FY2026 $8.35FY2026
EPS growth, next FY – +93.3%FY2026 +12.4%FY2026
EPS growth, the year after – +77.4% +26.7%
Revenue, next fiscal year – $20.07BFY2026 $4.60BFY2026
Revenue growth, next FY – +64.1%FY2026 +14.1%FY2026
Revenue growth, the year after – +70.3% +16.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDSWLCLSPLXS
Held by institutions – 69.0% 99.7%
Institutions holding – 874 447
Change in shares held, QoQ – +5.0% -0.6%
Institutions buying – 519 245
Institutions selling – 272 135
Buyers to sellers – 1.91 1.81

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.

DSWLCLSPLXS
DSWL 1.00 0.10 0.10
CLS 0.10 1.00 0.55
PLXS 0.10 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DSWL, CLS and PLXS?

Celestica (CLS) is the largest by market capitalisation: Deswell Industries (DSWL) $47.13M, Celestica (CLS) $34.14B, Plexus (PLXS) $5.84B.

Which stock is cheaper, DSWL, CLS and PLXS?

Deswell Industries (DSWL) trades on the lowest price-to-earnings ratio (Deswell Industries (DSWL) 4.4x, Celestica (CLS) 27.4x, Plexus (PLXS) 28.8x). On next year's consensus earnings, Celestica (CLS) is cheapest (Celestica (CLS) 26.0x, Plexus (PLXS) 28.7x). 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) +61.6%, Plexus (PLXS) +23.1%.

Which stock has performed better?

Over the past year Plexus (PLXS) returned the most: Deswell Industries (DSWL) -16.4%, Celestica (CLS) -8.1%, Plexus (PLXS) +66.6%. Over five years, Celestica (CLS) compounded fastest (Deswell Industries (DSWL) -5.8%/yr, Celestica (CLS) +98.3%/yr, Plexus (PLXS) +22.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Plexus (PLXS) has been the steadiest (Deswell Industries (DSWL) 43.2%, Celestica (CLS) 79.9%, Plexus (PLXS) 41.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DSWL, CLS and PLXS?

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 4. 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.