Celestica Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $518.7M TTM free cash flow base; FCF growth 55%/40%/25%/15%/10% years 1-5 (AI/data-center infrastructure build-out) tapering to 8%/7%/6%/5%/4% years 6-10; 9% discount rate; 3.5% terminal growth; -$445.5M net debt ($535.7M cash less $981.2M total debt); 115M shares outstanding.

Reasoning: Celestica's free cash flow has compounded >30%/year as AI data-center and networking hardware manufacturing scales, so a staged DCF that front-loads very high but fading growth (rather than extrapolating Street's even more aggressive 65-70% revenue estimates all the way to the cash-flow line, since capex to add capacity consumes some of that growth) best captures the current AI-infrastructure cycle while still normalizing to a sustainable EMS-industry growth rate by year 10.