LOGITECH INTERNATIONAL-REG (LOGI) Stock Fundamental Analysis
NASDAQ:LOGI - Nasdaq - CH0025751329 - Common Stock - Currency: USD
LOGI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 32 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. These ratings would make LOGI suitable 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.
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 has a Return On Assets of 17.56%. This is amongst the best in the industry. LOGI outperforms 96.88% of its industry peers.
LOGI has a Return On Equity of 31.15%. This is amongst the best in the industry. LOGI outperforms 93.75% of its industry peers.
LOGI has a Return On Invested Capital of 24.88%. This is amongst the best in the industry. LOGI outperforms 90.63% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LOGI is significantly above the industry average of 15.53%.
The last Return On Invested Capital (24.88%) for LOGI is above the 3 year average (21.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.56% | ||
| ROE | 31.15% | ||
| ROIC | 24.88% |
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
Looking at the Profit Margin, with a value of 14.38%, LOGI belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Profit Margin of LOGI has grown nicely.
LOGI has a better Operating Margin (15.03%) than 81.25% of its industry peers.
LOGI's Operating Margin has improved in the last couple of years.
LOGI has a Gross Margin of 43.10%. This is in the better half of the industry: LOGI outperforms 78.13% of its industry peers.
In the last couple of years the Gross Margin of LOGI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.03% | ||
| PM (TTM) | 14.38% | ||
| GM | 43.1% |
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
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 8.07 indicates that LOGI is not in any danger for bankruptcy at the moment.
The Altman-Z score of LOGI (8.07) is better than 93.75% 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 | 8.07 |
ROIC/WACC4.83
WACC5.15%
2.3 Liquidity
A Current Ratio of 2.14 indicates that LOGI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.14, LOGI is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
LOGI has a Quick Ratio of 1.77. This is a normal value and indicates that LOGI is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.77, LOGI belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.77 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 30.24% over the past year.
Measured over the past years, LOGI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.33% on average per year.
LOGI shows a small growth in Revenue. In the last year, the Revenue has grown by 7.28%.
Measured over the past years, LOGI shows a quite strong growth in Revenue. The Revenue has been growing by 9.04% on average per year.
EPS 1Y (TTM)30.24%
EPS 3Y-12.73%
EPS 5Y16.33%
EPS Q2Q%3.92%
Revenue 1Y (TTM)7.28%
Revenue growth 3Y-6.46%
Revenue growth 5Y9.04%
Sales Q2Q%6.76%
3.2 Future
Based on estimates for the next years, LOGI will show a small growth in Earnings Per Share. The EPS will grow by 6.27% on average per year.
The Revenue is expected to grow by 5.21% on average over the next years.
EPS Next Y9.04%
EPS Next 2Y3.4%
EPS Next 3Y5.68%
EPS Next 5Y6.27%
Revenue Next Year6.59%
Revenue Next 2Y5.56%
Revenue Next 3Y5.47%
Revenue Next 5Y5.21%
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
A Price/Earnings ratio of 14.34 indicates a correct valuation of LOGI.
Based on the Price/Earnings ratio, LOGI is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.29, LOGI is valued a bit cheaper.
The Price/Forward Earnings ratio is 15.46, which indicates a correct 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 (21.32), we can say LOGI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.34 | ||
| Fwd PE | 15.46 |
4.2 Price Multiples
LOGI's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, LOGI is valued a bit cheaper than 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.24 | ||
| EV/EBITDA | 13.89 |
4.3 Compensation for Growth
LOGI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LOGI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.59
PEG (5Y)0.88
EPS Next 2Y3.4%
EPS Next 3Y5.68%
5. Dividend
5.1 Amount
LOGI has a Yearly Dividend Yield of 1.98%. Purely for dividend investing, there may be better candidates out there.
LOGI's Dividend Yield is a higher than the industry average which is at 3.76.
Compared to the average S&P500 Dividend Yield of 2.51, LOGI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
5.2 History
On average, the dividend of LOGI grows each year by 11.03%, 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)11.03%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
31.73% of the earnings are spent on dividend by LOGI. This is a low number and sustainable payout ratio.
The dividend of LOGI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP31.73%
EPS Next 2Y3.4%
EPS Next 3Y5.68%
NASDAQ:LOGI (4/21/2025, 2:10:42 PM)
70.4075
-1.22 (-1.71%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners60.58%
Inst Owner Change-0.73%
Ins Owners0.26%
Ins Owner Change0.1%
Market Cap11.90B
Analysts73.33
Price Target106.64 (51.46%)
Short Float %2.89%
Short Ratio5.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
Yearly Dividend1.16
Dividend Growth(5Y)11.03%
DP31.73%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.95%
Min EPS beat(2)11.08%
Max EPS beat(2)18.82%
EPS beat(4)4
Avg EPS beat(4)29.54%
Min EPS beat(4)11.08%
Max EPS beat(4)50.33%
EPS beat(8)8
Avg EPS beat(8)38.21%
EPS beat(12)10
Avg EPS beat(12)25.41%
EPS beat(16)14
Avg EPS beat(16)28.03%
Revenue beat(2)1
Avg Revenue beat(2)1.98%
Min Revenue beat(2)-1.41%
Max Revenue beat(2)5.37%
Revenue beat(4)3
Avg Revenue beat(4)2.73%
Min Revenue beat(4)-1.41%
Max Revenue beat(4)5.37%
Revenue beat(8)6
Avg Revenue beat(8)2.68%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)10
Avg Revenue beat(16)3.28%
PT rev (1m)3.16%
PT rev (3m)18.39%
EPS NQ rev (1m)-0.49%
EPS NQ rev (3m)-4.95%
EPS NY rev (1m)0.76%
EPS NY rev (3m)3.26%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)1.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.34 | ||
| Fwd PE | 15.46 | ||
| P/S | 2.61 | ||
| P/FCF | 13.24 | ||
| P/OCF | 12.5 | ||
| P/B | 5.66 | ||
| P/tB | 7.38 | ||
| EV/EBITDA | 13.89 |
EPS(TTM)4.91
EY6.97%
EPS(NY)4.55
Fwd EY6.47%
FCF(TTM)5.32
FCFY7.55%
OCF(TTM)5.63
OCFY8%
SpS26.96
BVpS12.44
TBVpS9.54
PEG (NY)1.59
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.56% | ||
| ROE | 31.15% | ||
| ROCE | 28.09% | ||
| ROIC | 24.88% | ||
| ROICexc | 64.89% | ||
| ROICexgc | 136.53% | ||
| OM | 15.03% | ||
| PM (TTM) | 14.38% | ||
| GM | 43.1% | ||
| FCFM | 19.72% |
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-Score8
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 68.15% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 124.7% | ||
| Profit Quality | 137.14% | ||
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.77 | ||
| Altman-Z | 8.07 |
F-Score8
WACC5.15%
ROIC/WACC4.83
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)30.24%
EPS 3Y-12.73%
EPS 5Y16.33%
EPS Q2Q%3.92%
EPS Next Y9.04%
EPS Next 2Y3.4%
EPS Next 3Y5.68%
EPS Next 5Y6.27%
Revenue 1Y (TTM)7.28%
Revenue growth 3Y-6.46%
Revenue growth 5Y9.04%
Sales Q2Q%6.76%
Revenue Next Year6.59%
Revenue Next 2Y5.56%
Revenue Next 3Y5.47%
Revenue Next 5Y5.21%
EBIT growth 1Y32.54%
EBIT growth 3Y-19.7%
EBIT growth 5Y16.58%
EBIT Next Year30.52%
EBIT Next 3Y12.09%
EBIT Next 5Y8.57%
FCF growth 1Y178.81%
FCF growth 3Y-7.64%
FCF growth 5Y32.25%
OCF growth 1Y128.43%
OCF growth 3Y-7.75%
OCF growth 5Y30.27%