95.1 USD
-1.28 (-1.33%)
95.1 USD
0 (0%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LOGI has a decent growth rate and is not valued too expensively. This makes LOGI very considerable 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
LOGI's Return On Assets of 17.83% is amongst the best of the industry. LOGI outperforms 94.29% of its industry peers.
The Return On Equity of LOGI (31.73%) is better than 91.43% 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 16.06%.
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
LOGI has a Profit Margin of 14.11%. This is amongst the best in the industry. LOGI outperforms 88.57% of its industry peers.
LOGI's Profit Margin has declined in the last couple of years.
LOGI has a Operating Margin of 15.14%. This is amongst the best in the industry. LOGI outperforms 85.71% of its industry peers.
LOGI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 42.77%, LOGI is doing good in the industry, outperforming 80.00% 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 | 15.14% | ||
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), LOGI is creating value.
Compared to 1 year ago, LOGI has less shares outstanding
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
An Altman-Z score of 9.15 indicates that LOGI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 9.15, LOGI belongs to the best of the industry, outperforming 91.43% 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 | 9.15 |
ROIC/WACC4.66
WACC4.96%
2.3 Liquidity
A Current Ratio of 2.15 indicates that LOGI has no problem at all paying 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.
LOGI has a Quick Ratio of 1.74. This is a normal value and indicates that LOGI is financially healthy and should not expect problems in meeting its short term obligations.
LOGI has a better Quick ratio (1.74) than 77.14% of its industry peers.
| 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%.
The Earnings Per Share has been growing by 17.67% on average over the past years. This is quite good.
LOGI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.77%.
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
LOGI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.84% yearly.
LOGI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.11% yearly.
EPS Next Y11.27%
EPS Next 2Y9.08%
EPS Next 3Y9.12%
EPS Next 5Y12.84%
Revenue Next Year5.36%
Revenue Next 2Y5.08%
Revenue Next 3Y5.21%
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 18.18, the valuation of LOGI can be described as rather expensive.
77.14% of the companies in the same industry are more expensive than LOGI, based on the Price/Earnings ratio.
LOGI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 16.48, which indicates a correct valuation of LOGI.
LOGI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LOGI is cheaper than 68.57% of the companies in the same industry.
LOGI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.18 | ||
| Fwd PE | 16.48 |
4.2 Price Multiples
74.29% 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 | 19.24 | ||
| EV/EBITDA | 17.62 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of LOGI may justify a higher PE ratio.
PEG (NY)1.61
PEG (5Y)1.03
EPS Next 2Y9.08%
EPS Next 3Y9.12%
5. Dividend
5.1 Amount
LOGI has a Yearly Dividend Yield of 1.65%.
Compared to an average industry Dividend Yield of 0.64, LOGI pays a better dividend. On top of this LOGI pays more dividend than 82.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, LOGI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
On average, the dividend of LOGI grows each year by 12.99%, which is quite nice.
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)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.
The dividend of LOGI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.26%
EPS Next 2Y9.08%
EPS Next 3Y9.12%
95.1
-1.28 (-1.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners62%
Inst Owner Change1%
Ins Owners0.18%
Ins Owner Change-0.03%
Market Cap15.29B
Revenue(TTM)4.68B
Net Income(TTM)660.90M
Analysts78.82
Price Target125.59 (32.06%)
Short Float %4.04%
Short Ratio8.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend1.37
Dividend Growth(5Y)12.99%
DP35.26%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0%
PT rev (3m)9.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.84%
EPS NY rev (1m)1.15%
EPS NY rev (3m)10.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.01%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.18 | ||
| Fwd PE | 16.48 | ||
| P/S | 3.26 | ||
| P/FCF | 19.24 | ||
| P/OCF | 17.9 | ||
| P/B | 7.34 | ||
| P/tB | 9.55 | ||
| EV/EBITDA | 17.62 |
EPS(TTM)5.23
EY5.5%
EPS(NY)5.77
Fwd EY6.07%
FCF(TTM)4.94
FCFY5.2%
OCF(TTM)5.31
OCFY5.59%
SpS29.14
BVpS12.96
TBVpS9.96
PEG (NY)1.61
PEG (5Y)1.03
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 | 9.15 |
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 Y11.27%
EPS Next 2Y9.08%
EPS Next 3Y9.12%
EPS Next 5Y12.84%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%6.27%
Revenue Next Year5.36%
Revenue Next 2Y5.08%
Revenue Next 3Y5.21%
Revenue Next 5Y6.11%
EBIT growth 1Y5.4%
EBIT growth 3Y-5.36%
EBIT growth 5Y19.03%
EBIT Next Year18%
EBIT Next 3Y10%
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.
What is the valuation status of LOGITECH INTERNATIONAL-REG (LOGI) stock?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the financial health for LOGI stock?
The financial health rating of LOGITECH INTERNATIONAL-REG (LOGI) is 9 / 10.
What is the earnings growth outlook for LOGITECH INTERNATIONAL-REG?
The Earnings per Share (EPS) of LOGITECH INTERNATIONAL-REG (LOGI) is expected to grow by 11.27% in the next year.