LOGITECH INTERNATIONAL-REG (LOGI) Stock Fundamental Analysis
USA - NASDAQ:LOGI - CH0025751329 - Common Stock
119.47 USD
+0.62 (+0.52%)
120.44 USD
+0.97 (+0.81%)
LOGI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 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 is not valued too expensively and it also shows a decent growth rate.
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.
Each year in the past 5 years LOGI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LOGI (17.83%) is better than 94.29% of its industry peers.
LOGI has a better Return On Equity (31.73%) than 91.43% of its industry peers.
LOGI has a better Return On Invested Capital (23.10%) than 88.57% of its industry peers.
LOGI had an Average Return On Invested Capital over the past 3 years of 18.57%. This is above the industry average of 16.54%.
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 has a better Profit Margin (14.11%) than 85.71% of its industry peers.
LOGI's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 15.14%, LOGI belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
In the last couple of years the Operating Margin of LOGI has grown nicely.
The Gross Margin of LOGI (42.77%) is better 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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.
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
An Altman-Z score of 10.59 indicates that LOGI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 10.59, 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 | 10.59 |
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 has a better Current ratio (2.15) than 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.
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
The Earnings Per Share has been growing slightly by 7.84% over the past year.
The Earnings Per Share has been growing by 17.67% on average over the past years. This is quite good.
Looking at the last year, LOGI shows a small growth in Revenue. The Revenue has grown by 4.77% in the last year.
LOGI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.89% yearly.
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.
Based on estimates for the next years, LOGI will show a small growth in Revenue. The Revenue will grow by 6.43% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 22.84 indicates a rather expensive valuation of LOGI.
71.43% of the companies in the same industry are more expensive than LOGI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.67, LOGI is valued at the same level.
With a Price/Forward Earnings ratio of 21.57, LOGI is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as LOGI.
The average S&P500 Price/Forward Earnings ratio is at 31.86. LOGI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.84 | ||
| Fwd PE | 21.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LOGI is valued a bit cheaper than 65.71% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LOGI is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.17 | ||
| EV/EBITDA | 22.59 |
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)3.19
PEG (5Y)1.29
EPS Next 2Y6.87%
EPS Next 3Y11.29%
5. Dividend
5.1 Amount
LOGI has a Yearly Dividend Yield of 1.31%.
Compared to an average industry Dividend Yield of 1.85, LOGI pays a better dividend. On top of this LOGI pays more dividend than 85.71% 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
On average, the dividend of LOGI grows each year by 12.99%, which is quite nice.
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)12.99%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
35.26% 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.
DP35.26%
EPS Next 2Y6.87%
EPS Next 3Y11.29%
119.47
+0.62 (+0.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners60.88%
Inst Owner Change-2.54%
Ins Owners0.17%
Ins Owner Change0.02%
Market Cap19.21B
Revenue(TTM)4.68B
Net Income(TTM)660.90M
Analysts77.65
Price Target119.23 (-0.2%)
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)5.53%
PT rev (3m)14.72%
EPS NQ rev (1m)0.7%
EPS NQ rev (3m)1.06%
EPS NY rev (1m)0%
EPS NY rev (3m)6.96%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.84 | ||
| Fwd PE | 21.57 | ||
| P/S | 4.1 | ||
| P/FCF | 24.17 | ||
| P/OCF | 22.48 | ||
| P/B | 9.22 | ||
| P/tB | 12 | ||
| EV/EBITDA | 22.59 |
EPS(TTM)5.23
EY4.38%
EPS(NY)5.54
Fwd EY4.64%
FCF(TTM)4.94
FCFY4.14%
OCF(TTM)5.31
OCFY4.45%
SpS29.14
BVpS12.96
TBVpS9.96
PEG (NY)3.19
PEG (5Y)1.29
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 | 10.59 |
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.