106.54 USD
-5.74 (-5.11%)
107.34 USD
+0.8 (+0.75%)
Taking everything into account, LOGI scores 7 out of 10 in our fundamental rating. LOGI was compared to 35 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 is not valued too expensively and it also shows a decent growth rate. With these ratings, LOGI could be worth investigating further for quality investing!.
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.
In the past 5 years LOGI has always been profitable.
LOGI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 17.83%, LOGI belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
LOGI's Return On Equity of 31.73% is amongst the best of the industry. LOGI outperforms 88.57% of its industry peers.
LOGI has a better Return On Invested Capital (23.10%) than 88.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LOGI is above the industry average of 15.26%.
The 3 year average ROIC (18.57%) for LOGI is below the current ROIC(23.10%), indicating increased profibility in the last year.
| 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
LOGI's Profit Margin of 14.11% is amongst the best of the industry. LOGI outperforms 82.86% of its industry peers.
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.
In the last couple of years the Gross Margin of LOGI has grown nicely.
| 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.
The number of shares outstanding for LOGI has been reduced compared to 5 years ago.
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 9.83. This indicates that LOGI is financially healthy and has little risk of bankruptcy at the moment.
LOGI has a Altman-Z score of 9.83. This is amongst the best in the industry. LOGI outperforms 94.29% 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 | 9.83 |
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.
With a decent Current ratio value of 2.15, LOGI is doing good in the industry, outperforming 68.57% of the companies in the same industry.
A Quick Ratio of 1.74 indicates that LOGI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.74, LOGI is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
LOGI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.84%.
Measured over the past years, LOGI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.67% on average per year.
Looking at the last year, LOGI shows a small growth in Revenue. The Revenue has grown by 4.77% in the last year.
The Revenue has been growing by 8.89% on average over the past years. This is quite good.
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 12.84% on average per year.
Based on estimates for the next years, LOGI will show a small growth in Revenue. The Revenue will grow by 6.11% on average per year.
EPS Next Y10%
EPS Next 2Y8.51%
EPS Next 3Y8.59%
EPS Next 5Y12.84%
Revenue Next Year5.32%
Revenue Next 2Y5.06%
Revenue Next 3Y5.2%
Revenue Next 5Y6.11%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
Based on the Price/Earnings ratio of 20.37, the valuation of LOGI can be described as rather expensive.
65.71% of the companies in the same industry are more expensive than LOGI, based on the Price/Earnings ratio.
LOGI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.22.
The Price/Forward Earnings ratio is 18.66, which indicates a rather expensive current valuation of LOGI.
LOGI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of LOGI to the average of the S&P500 Index (23.58), we can say LOGI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.37 | ||
| Fwd PE | 18.66 |
4.2 Price Multiples
65.71% of the companies in the same industry are more expensive than LOGI, based on the Enterprise Value to EBITDA ratio.
LOGI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. LOGI is cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.56 | ||
| EV/EBITDA | 19.95 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of LOGI may justify a higher PE ratio.
PEG (NY)2.04
PEG (5Y)1.15
EPS Next 2Y8.51%
EPS Next 3Y8.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.32%, LOGI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.55, LOGI pays a better dividend. On top of this LOGI pays more dividend than 82.86% of the companies listed in the same industry.
LOGI's Dividend Yield is slightly below the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
The dividend of LOGI is nicely growing with an annual growth rate of 12.99%!
LOGI has been paying a dividend for at least 10 years, so it has 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 2Y8.51%
EPS Next 3Y8.59%
106.54
-5.74 (-5.11%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners61.62%
Inst Owner Change-2%
Ins Owners0.18%
Ins Owner Change-0.03%
Market Cap17.13B
Revenue(TTM)4.68B
Net Income(TTM)660.90M
Analysts77.78
Price Target125.59 (17.88%)
Short Float %3.79%
Short Ratio8.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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)5.33%
PT rev (3m)11.16%
EPS NQ rev (1m)1.81%
EPS NQ rev (3m)11.21%
EPS NY rev (1m)2.65%
EPS NY rev (3m)11.23%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)2.37%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.37 | ||
| Fwd PE | 18.66 | ||
| P/S | 3.66 | ||
| P/FCF | 21.56 | ||
| P/OCF | 20.05 | ||
| P/B | 8.22 | ||
| P/tB | 10.7 | ||
| EV/EBITDA | 19.95 |
EPS(TTM)5.23
EY4.91%
EPS(NY)5.71
Fwd EY5.36%
FCF(TTM)4.94
FCFY4.64%
OCF(TTM)5.31
OCFY4.99%
SpS29.14
BVpS12.96
TBVpS9.96
PEG (NY)2.04
PEG (5Y)1.15
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 | 9.83 |
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 Y10%
EPS Next 2Y8.51%
EPS Next 3Y8.59%
EPS Next 5Y12.84%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%6.27%
Revenue Next Year5.32%
Revenue Next 2Y5.06%
Revenue Next 3Y5.2%
Revenue Next 5Y6.11%
EBIT growth 1Y5.4%
EBIT growth 3Y-5.36%
EBIT growth 5Y19.03%
EBIT Next Year16.33%
EBIT Next 3Y10.16%
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 10% in the next year.