LOGITECH INTERNATIONAL-REG (LOGI)
CH0025751329 - Common Stock
Overall LOGI gets a fundamental rating of 7 out of 10. We evaluated LOGI against 31 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the health and profitability get an excellent rating, making LOGI a very profitable company, without any liquidiy or solvency issues. LOGI has a correct valuation and a medium growth rate. These ratings could make LOGI a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year LOGI was profitable.
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 19.20%. This is amongst the best in the industry. LOGI outperforms 93.55% of its industry peers.
With an excellent Return On Equity value of 33.13%, LOGI belongs to the best of the industry, outperforming 90.32% of the companies in the same industry.
LOGI's Return On Invested Capital of 24.41% is amongst the best of the industry. LOGI outperforms 87.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LOGI is above the industry average of 17.32%.
The last Return On Invested Capital (24.41%) for LOGI is above the 3 year average (21.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.2% | ||
| ROE | 33.13% | ||
| ROIC | 24.41% |
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 15.65%. This is amongst the best in the industry. LOGI outperforms 93.55% of its industry peers.
In the last couple of years the Profit Margin of LOGI has grown nicely.
LOGI has a Operating Margin of 15.05%. This is amongst the best in the industry. LOGI outperforms 90.32% of its industry peers.
In the last couple of years the Operating Margin of LOGI has grown nicely.
LOGI's Gross Margin of 42.85% is fine compared to the rest of the industry. LOGI outperforms 77.42% of its industry peers.
In the last couple of years the Gross Margin of LOGI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.05% | ||
| PM (TTM) | 15.65% | ||
| GM | 42.85% |
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.
LOGI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, LOGI has less shares outstanding
LOGI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
LOGI has an Altman-Z score of 9.20. This indicates that LOGI is financially healthy and has little risk of bankruptcy at the moment.
LOGI has a Altman-Z score of 9.20. This is amongst the best in the industry. LOGI outperforms 90.32% of its industry peers.
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 | 9.2 |
ROIC/WACC4.95
WACC4.93%
2.3 Liquidity
A Current Ratio of 2.21 indicates that LOGI has no problem at all paying its short term obligations.
LOGI has a Current ratio of 2.21. This is in the better half of the industry: LOGI outperforms 61.29% of its industry peers.
LOGI has a Quick Ratio of 1.78. This is a normal value and indicates that LOGI is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.78, LOGI is doing good in the industry, outperforming 74.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
LOGI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.49%, which is quite impressive.
LOGI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.33% yearly.
LOGI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.92%.
The Revenue has been growing by 9.04% on average over the past years. This is quite good.
EPS 1Y (TTM)43.49%
EPS 3Y-12.73%
EPS 5Y16.33%
EPS Q2Q%10.09%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y-6.46%
Revenue growth 5Y9.04%
Sales Q2Q%5.58%
3.2 Future
The Earnings Per Share is expected to grow by 6.27% on average over the next years.
The Revenue is expected to grow by 5.37% on average over the next years.
EPS Next Y5.59%
EPS Next 2Y4.87%
EPS Next 3Y5.13%
EPS Next 5Y6.27%
Revenue Next Year6.04%
Revenue Next 2Y5.55%
Revenue Next 3Y5.11%
Revenue Next 5Y5.37%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.12, 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 67.74% of the companies in the same industry.
LOGI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.72, LOGI is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as LOGI.
When comparing the Price/Forward Earnings ratio of LOGI to the average of the S&P500 Index (23.99), we can say LOGI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 17.72 |
4.2 Price Multiples
LOGI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LOGI is cheaper than 61.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LOGI is valued cheaper than 83.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.41 | ||
| EV/EBITDA | 16.86 |
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)3.06
PEG (5Y)1.05
EPS Next 2Y4.87%
EPS Next 3Y5.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.59%, LOGI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.03, LOGI pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, LOGI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
The dividend of LOGI is nicely growing with an annual growth rate of 11.03%!
LOGI has paid a dividend for at least 10 years, which is 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
29.71% of the earnings are spent on dividend by LOGI. This is a low number and sustainable payout ratio.
LOGI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP29.71%
EPS Next 2Y4.87%
EPS Next 3Y5.13%
LOGITECH INTERNATIONAL-REG
NASDAQ:LOGI (12/24/2024, 8:25:44 PM)
After market: 83.03 0 (0%)83.03
+0.19 (+0.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners58.4%
Inst Owner Change-0.4%
Ins Owners0.25%
Ins Owner Change0.3%
Market Cap14.03B
Analysts71.11
Price Target93.28 (12.34%)
Short Float %3.36%
Short Ratio7.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Dividend Growth(5Y)11.03%
DP29.71%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)28.38%
Min EPS beat(2)18.82%
Max EPS beat(2)37.94%
EPS beat(4)4
Avg EPS beat(4)35.17%
Min EPS beat(4)18.82%
Max EPS beat(4)50.33%
EPS beat(8)7
Avg EPS beat(8)36.46%
EPS beat(12)10
Avg EPS beat(12)27.16%
EPS beat(16)14
Avg EPS beat(16)36.1%
Revenue beat(2)1
Avg Revenue beat(2)1.16%
Min Revenue beat(2)-1.41%
Max Revenue beat(2)3.74%
Revenue beat(4)2
Avg Revenue beat(4)1.18%
Min Revenue beat(4)-1.41%
Max Revenue beat(4)3.74%
Revenue beat(8)5
Avg Revenue beat(8)1.1%
Revenue beat(12)6
Avg Revenue beat(12)0.46%
Revenue beat(16)10
Avg Revenue beat(16)4.91%
PT rev (1m)-5.95%
PT rev (3m)-7.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.69%
EPS NY rev (1m)0%
EPS NY rev (3m)3.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 17.72 | ||
| P/S | 3.14 | ||
| P/FCF | 14.41 | ||
| P/OCF | 13.7 | ||
| P/B | 6.64 | ||
| P/tB | 8.7 | ||
| EV/EBITDA | 16.86 |
EPS(TTM)4.85
EY5.84%
EPS(NY)4.69
Fwd EY5.64%
FCF(TTM)5.76
FCFY6.94%
OCF(TTM)6.06
OCFY7.3%
SpS26.46
BVpS12.5
TBVpS9.55
PEG (NY)3.06
PEG (5Y)1.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.2% | ||
| ROE | 33.13% | ||
| ROCE | 27.56% | ||
| ROIC | 24.41% | ||
| ROICexc | 55.24% | ||
| ROICexgc | 102.7% | ||
| OM | 15.05% | ||
| PM (TTM) | 15.65% | ||
| GM | 42.85% | ||
| FCFM | 21.78% |
ROA(3y)14.4%
ROA(5y)17.02%
ROE(3y)23.47%
ROE(5y)28.5%
ROIC(3y)21.62%
ROIC(5y)24.23%
ROICexc(3y)46.29%
ROICexc(5y)61.7%
ROICexgc(3y)83.7%
ROICexgc(5y)185.34%
ROCE(3y)24.42%
ROCE(5y)27.36%
ROICexcg growth 3Y-44.14%
ROICexcg growth 5Y0.94%
ROICexc growth 3Y-28.31%
ROICexc growth 5Y8.65%
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%
F-Score7
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 64.15% | ||
| Cap/Sales | 1.12% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 136.3% | ||
| Profit Quality | 139.19% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 9.2 |
F-Score7
WACC4.93%
ROIC/WACC4.95
Cap/Depr(3y)77.62%
Cap/Depr(5y)75.73%
Cap/Sales(3y)1.65%
Cap/Sales(5y)1.55%
Profit Quality(3y)110.51%
Profit Quality(5y)112.64%
High Growth Momentum
Growth
EPS 1Y (TTM)43.49%
EPS 3Y-12.73%
EPS 5Y16.33%
EPS Q2Q%10.09%
EPS Next Y5.59%
EPS Next 2Y4.87%
EPS Next 3Y5.13%
EPS Next 5Y6.27%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y-6.46%
Revenue growth 5Y9.04%
Sales Q2Q%5.58%
Revenue Next Year6.04%
Revenue Next 2Y5.55%
Revenue Next 3Y5.11%
Revenue Next 5Y5.37%
EBIT growth 1Y41.35%
EBIT growth 3Y-19.7%
EBIT growth 5Y16.58%
EBIT Next Year25%
EBIT Next 3Y13.13%
EBIT Next 5Y8.57%
FCF growth 1Y128.53%
FCF growth 3Y-7.64%
FCF growth 5Y32.25%
OCF growth 1Y99.46%
OCF growth 3Y-7.75%
OCF growth 5Y30.27%