LOGITECH INTERNATIONAL-REG (LOGI)
CH0025751329 - Common Stock
Overall LOGI gets a fundamental rating of 7 out of 10. We evaluated LOGI against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. LOGI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. LOGI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
LOGI had positive earnings in the past year.
In the past year LOGI had a positive cash flow from operations.
Each year in the past 5 years LOGI has been profitable.
Each year in the past 5 years LOGI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 18.76%, LOGI belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
LOGI's Return On Equity of 30.74% is amongst the best of the industry. LOGI outperforms 93.75% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.21%, LOGI belongs to the top of the industry, outperforming 90.63% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LOGI is above the industry average of 16.81%.
The last Return On Invested Capital (23.21%) for LOGI is above the 3 year average (21.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.76% | ||
| ROE | 30.74% | ||
| ROIC | 23.21% |
ROA(3y)14.4%
ROA(5y)17.02%
ROE(3y)23.47%
ROE(5y)28.5%
ROIC(3y)21.62%
ROIC(5y)24.23%
1.3 Margins
LOGI has a Profit Margin of 15.67%. This is amongst the best in the industry. LOGI outperforms 90.63% of its industry peers.
LOGI's Profit Margin has improved in the last couple of years.
LOGI has a Operating Margin of 15.11%. This is amongst the best in the industry. LOGI outperforms 87.50% of its industry peers.
LOGI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 42.35%, LOGI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of LOGI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.11% | ||
| PM (TTM) | 15.67% | ||
| GM | 42.35% |
OM growth 3Y-14.15%
OM growth 5Y6.91%
PM growth 3Y-7.57%
PM growth 5Y9.04%
GM growth 3Y-2.39%
GM growth 5Y2.15%
2. Health
2.1 Basic Checks
LOGI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for LOGI has been reduced compared to 1 year ago.
Compared to 5 years ago, LOGI has less shares outstanding
There is no outstanding debt for LOGI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 8.62 indicates that LOGI is not in any danger for bankruptcy at the moment.
LOGI has a Altman-Z score of 8.62. This is amongst the best in the industry. LOGI outperforms 93.75% of its industry peers.
There is no outstanding debt for LOGI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 8.62 |
ROIC/WACC4.56
WACC5.09%
2.3 Liquidity
A Current Ratio of 2.39 indicates that LOGI has no problem at all paying its short term obligations.
With a Current ratio value of 2.39, LOGI perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
A Quick Ratio of 1.99 indicates that LOGI should not have too much problems paying its short term obligations.
The Quick ratio of LOGI (1.99) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 43.49% over the past year.
LOGI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.33% yearly.
Looking at the last year, LOGI shows a decrease in Revenue. The Revenue has decreased by -5.30% in the last year.
LOGI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.04% yearly.
EPS 1Y (TTM)43.49%
EPS 3Y-12.73%
EPS 5Y16.33%
EPS Q2Q%10.09%
Revenue 1Y (TTM)-5.3%
Revenue growth 3Y-6.46%
Revenue growth 5Y9.04%
Sales Q2Q%5.58%
3.2 Future
LOGI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.14% yearly.
LOGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.93% yearly.
EPS Next Y5.59%
EPS Next 2Y4.87%
EPS Next 3Y7.22%
EPS Next 5Y6.14%
Revenue Next Year6.04%
Revenue Next 2Y5.55%
Revenue Next 3Y5.51%
Revenue Next 5Y5.93%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.37, the valuation of LOGI can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of LOGI indicates a somewhat cheap valuation: LOGI is cheaper than 71.88% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LOGI to the average of the S&P500 Index (28.96), we can say LOGI is valued slightly cheaper.
With a Price/Forward Earnings ratio of 16.95, LOGI is valued correctly.
LOGI's Price/Forward Earnings is on the same level as the industry average.
LOGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.37 | ||
| Fwd PE | 16.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LOGI is valued a bit cheaper than 68.75% of the companies in the same industry.
LOGI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LOGI is cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.42 | ||
| EV/EBITDA | 13.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
LOGI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.93
PEG (5Y)1
EPS Next 2Y4.87%
EPS Next 3Y7.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.66%, LOGI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.98, LOGI pays a bit more dividend than its industry peers.
LOGI's Dividend Yield is slightly below the S&P500 average, which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
The dividend of LOGI is nicely growing with an annual growth rate of 11.03%!
LOGI has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of LOGI decreased recently.
Dividend Growth(5Y)11.03%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
LOGI pays out 26.37% of its income as dividend. This is a sustainable payout ratio.
LOGI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.37%
EPS Next 2Y4.87%
EPS Next 3Y7.22%
LOGITECH INTERNATIONAL-REG
NASDAQ:LOGI (11/22/2024, 9:35:05 AM)
79.41
-0.05 (-0.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap11.73B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.37 | ||
| Fwd PE | 16.95 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.93
PEG (5Y)1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.76% | ||
| ROE | 30.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.11% | ||
| PM (TTM) | 15.67% | ||
| GM | 42.35% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)43.49%
EPS 3Y-12.73%
EPS 5Y
EPS Q2Q%
EPS Next Y5.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.3%
Revenue growth 3Y-6.46%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y