LOGITECH INTERNATIONAL-REG (LOGI) Stock Fundamental Analysis
USA - NASDAQ:LOGI - CH0025751329 - Common Stock
118.59 USD
-2.54 (-2.1%)
118.36 USD
-0.23 (-0.19%)
We assign a fundamental rating of 7 out of 10 to LOGI. LOGI was compared to 35 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
LOGI had positive earnings in the past year.
LOGI had a positive operating cash flow in the past year.
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
LOGI has a Return On Assets of 17.83%. This is amongst the best in the industry. LOGI outperforms 94.29% of its industry peers.
LOGI's Return On Equity of 31.73% is amongst the best of the industry. LOGI outperforms 91.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.10%, LOGI belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
LOGI had an Average Return On Invested Capital over the past 3 years of 18.57%. This is above the industry average of 16.28%.
The last Return On Invested Capital (23.10%) for LOGI is above the 3 year average (18.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.83% | ||
| ROE | 31.73% | ||
| ROIC | 23.1% |
ROA(3y)15.02%
ROA(5y)16.78%
ROE(3y)24.41%
ROE(5y)28.4%
ROIC(3y)18.57%
ROIC(5y)23.26%
1.3 Margins
Looking at the Profit Margin, with a value of 14.11%, LOGI belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Profit Margin of LOGI has declined.
The Operating Margin of LOGI (15.14%) is better than 82.86% of its industry peers.
In the last couple of years the Operating Margin of LOGI has grown nicely.
LOGI has a better Gross Margin (42.77%) than 80.00% of its industry peers.
LOGI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.14% | ||
| PM (TTM) | 14.11% | ||
| GM | 42.77% |
OM growth 3Y0.66%
OM growth 5Y9.31%
PM growth 3Y5.65%
PM growth 5Y-1.71%
GM growth 3Y1.43%
GM growth 5Y2.7%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LOGI is creating value.
The number of shares outstanding for LOGI has been reduced compared to 1 year ago.
LOGI has less shares outstanding than it did 5 years ago.
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
LOGI has an Altman-Z score of 10.54. This indicates that LOGI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.54, LOGI belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
LOGI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 10.54 |
ROIC/WACC4.66
WACC4.96%
2.3 Liquidity
LOGI has a Current Ratio of 2.15. This indicates that LOGI is financially healthy and has no problem in meeting its short term obligations.
LOGI's Current ratio of 2.15 is fine compared to the rest of the industry. LOGI outperforms 71.43% of its industry peers.
A Quick Ratio of 1.74 indicates that LOGI should not have too much problems paying its short term obligations.
The Quick ratio of LOGI (1.74) is better than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.84% 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 17.67% yearly.
The Revenue has been growing slightly by 4.77% in the past year.
Measured over the past years, LOGI shows a quite strong growth in Revenue. The Revenue has been growing by 8.89% on average per year.
EPS 1Y (TTM)7.84%
EPS 3Y1.56%
EPS 5Y17.67%
EPS Q2Q%20.83%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%6.27%
3.2 Future
Based on estimates for the next years, LOGI will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.65% on average per year.
LOGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.43% yearly.
EPS Next Y7.16%
EPS Next 2Y6.87%
EPS Next 3Y11.29%
EPS Next 5Y8.65%
Revenue Next Year5.1%
Revenue Next 2Y4.97%
Revenue Next 3Y5.21%
Revenue Next 5Y6.43%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 22.67, LOGI is valued on the expensive side.
LOGI's Price/Earnings ratio is a bit cheaper when compared to the industry. LOGI is cheaper than 68.57% of the companies in the same industry.
When comparing the Price/Earnings ratio of LOGI to the average of the S&P500 Index (25.91), we can say LOGI is valued inline with the index average.
The Price/Forward Earnings ratio is 21.41, which indicates a rather expensive current valuation of LOGI.
The rest of the industry has a similar Price/Forward Earnings ratio as LOGI.
The average S&P500 Price/Forward Earnings ratio is at 34.57. LOGI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.67 | ||
| Fwd PE | 21.41 |
4.2 Price Multiples
LOGI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LOGI is cheaper than 62.86% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LOGI is valued a bit cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24 | ||
| EV/EBITDA | 22.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LOGI does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of LOGI may justify a higher PE ratio.
PEG (NY)3.17
PEG (5Y)1.28
EPS Next 2Y6.87%
EPS Next 3Y11.29%
5. Dividend
5.1 Amount
LOGI has a Yearly Dividend Yield of 1.31%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.87, LOGI pays a better dividend. On top of this LOGI pays more dividend than 82.86% of the companies listed in the same industry.
With a Dividend Yield of 1.31, LOGI pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
The dividend of LOGI is nicely growing with an annual growth rate of 12.99%!
LOGI has paid a dividend for at least 10 years, which is a reliable track record.
LOGI has decreased its dividend recently.
Dividend Growth(5Y)12.99%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
LOGI pays out 35.26% 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.
DP35.26%
EPS Next 2Y6.87%
EPS Next 3Y11.29%
118.59
-2.54 (-2.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners60.88%
Inst Owner Change0.88%
Ins Owners0.17%
Ins Owner Change-0.03%
Market Cap19.07B
Revenue(TTM)4.68B
Net Income(TTM)660.90M
Analysts77.65
Price Target119.23 (0.54%)
Short Float %3.94%
Short Ratio11.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend1.37
Dividend Growth(5Y)12.99%
DP35.26%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29%
Min EPS beat(2)26.46%
Max EPS beat(2)31.54%
EPS beat(4)4
Avg EPS beat(4)18.7%
Min EPS beat(4)5.74%
Max EPS beat(4)31.54%
EPS beat(8)8
Avg EPS beat(8)26.94%
EPS beat(12)11
Avg EPS beat(12)30.54%
EPS beat(16)14
Avg EPS beat(16)25.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.04%
Min Revenue beat(2)-0.58%
Max Revenue beat(2)0.5%
Revenue beat(4)2
Avg Revenue beat(4)0.49%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)5.37%
Revenue beat(8)4
Avg Revenue beat(8)0.84%
Revenue beat(12)7
Avg Revenue beat(12)0.9%
Revenue beat(16)8
Avg Revenue beat(16)0.47%
PT rev (1m)4.36%
PT rev (3m)10.7%
EPS NQ rev (1m)6.91%
EPS NQ rev (3m)10.63%
EPS NY rev (1m)6.68%
EPS NY rev (3m)14.11%
Revenue NQ rev (1m)1.72%
Revenue NQ rev (3m)2.31%
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)2.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.67 | ||
| Fwd PE | 21.41 | ||
| P/S | 4.07 | ||
| P/FCF | 24 | ||
| P/OCF | 22.32 | ||
| P/B | 9.15 | ||
| P/tB | 11.91 | ||
| EV/EBITDA | 22.41 |
EPS(TTM)5.23
EY4.41%
EPS(NY)5.54
Fwd EY4.67%
FCF(TTM)4.94
FCFY4.17%
OCF(TTM)5.31
OCFY4.48%
SpS29.14
BVpS12.96
TBVpS9.96
PEG (NY)3.17
PEG (5Y)1.28
Graham Number39.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.83% | ||
| ROE | 31.73% | ||
| ROCE | 29.24% | ||
| ROIC | 23.1% | ||
| ROICexc | 53.37% | ||
| ROICexgc | 98.66% | ||
| OM | 15.14% | ||
| PM (TTM) | 14.11% | ||
| GM | 42.77% | ||
| FCFM | 16.96% |
ROA(3y)15.02%
ROA(5y)16.78%
ROE(3y)24.41%
ROE(5y)28.4%
ROIC(3y)18.57%
ROIC(5y)23.26%
ROICexc(3y)43.96%
ROICexc(5y)61.57%
ROICexgc(3y)86.47%
ROICexgc(5y)178.01%
ROCE(3y)23.51%
ROCE(5y)29.44%
ROICexgc growth 3Y12.69%
ROICexgc growth 5Y16.79%
ROICexc growth 3Y5.26%
ROICexc growth 5Y19.02%
OM growth 3Y0.66%
OM growth 5Y9.31%
PM growth 3Y5.65%
PM growth 5Y-1.71%
GM growth 3Y1.43%
GM growth 5Y2.7%
F-Score6
Asset Turnover1.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 74.61% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.22% | ||
| Profit Quality | 120.22% | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 10.54 |
F-Score6
WACC4.96%
ROIC/WACC4.66
Cap/Depr(3y)76.01%
Cap/Depr(5y)79.1%
Cap/Sales(3y)1.52%
Cap/Sales(5y)1.53%
Profit Quality(3y)141.2%
Profit Quality(5y)120.4%
High Growth Momentum
Growth
EPS 1Y (TTM)7.84%
EPS 3Y1.56%
EPS 5Y17.67%
EPS Q2Q%20.83%
EPS Next Y7.16%
EPS Next 2Y6.87%
EPS Next 3Y11.29%
EPS Next 5Y8.65%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%6.27%
Revenue Next Year5.1%
Revenue Next 2Y4.97%
Revenue Next 3Y5.21%
Revenue Next 5Y6.43%
EBIT growth 1Y5.4%
EBIT growth 3Y-5.36%
EBIT growth 5Y19.03%
EBIT Next Year8.77%
EBIT Next 3Y8.65%
EBIT Next 5Y6.26%
FCF growth 1Y-9.52%
FCF growth 3Y55.5%
FCF growth 5Y15.33%
OCF growth 1Y-10.98%
OCF growth 3Y41.35%
OCF growth 5Y14.67%
LOGITECH INTERNATIONAL-REG / LOGI FAQ
What is the ChartMill fundamental rating of LOGITECH INTERNATIONAL-REG (LOGI) stock?
ChartMill assigns a fundamental rating of 7 / 10 to LOGI.
Can you provide the valuation status for LOGITECH INTERNATIONAL-REG?
ChartMill assigns a valuation rating of 4 / 10 to LOGITECH INTERNATIONAL-REG (LOGI). This can be considered as Fairly Valued.
Can you provide the profitability details for LOGITECH INTERNATIONAL-REG?
LOGITECH INTERNATIONAL-REG (LOGI) has a profitability rating of 9 / 10.
What is the financial health of LOGITECH INTERNATIONAL-REG (LOGI) stock?
The financial health rating of LOGITECH INTERNATIONAL-REG (LOGI) is 9 / 10.
What is the expected EPS growth for LOGITECH INTERNATIONAL-REG (LOGI) stock?
The Earnings per Share (EPS) of LOGITECH INTERNATIONAL-REG (LOGI) is expected to grow by 7.16% in the next year.