LOGITECH INTERNATIONAL-REG (LOGI) Stock Fundamental Analysis
NASDAQ:LOGI - CH0025751329 - Common Stock
103.54 USD
-0.45 (-0.43%)
103.54 USD
0 (0%)
LOGI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 33 industry peers in the Technology Hardware, Storage & Peripherals industry. LOGI gets an excellent profitability rating and is at the same time showing great financial health properties. LOGI has a decent growth rate and is not valued too expensively.
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.
LOGI had positive earnings in each of the past 5 years.
LOGI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LOGI's Return On Assets of 16.98% is amongst the best of the industry. LOGI outperforms 93.94% of its industry peers.
The Return On Equity of LOGI (29.06%) is better than 90.91% of its industry peers.
LOGI's Return On Invested Capital of 21.15% is amongst the best of the industry. LOGI outperforms 87.88% 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 15.09%.
The 3 year average ROIC (18.57%) for LOGI is below the current ROIC(21.15%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.98% | ||
| ROE | 29.06% | ||
| ROIC | 21.15% |
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
With an excellent Profit Margin value of 13.78%, LOGI belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
In the last couple of years the Profit Margin of LOGI has declined.
LOGI has a better Operating Margin (14.62%) than 81.82% of its industry peers.
LOGI's Operating Margin has improved in the last couple of years.
LOGI's Gross Margin of 42.81% is fine compared to the rest of the industry. LOGI outperforms 78.79% of its industry peers.
In the last couple of years the Gross Margin of LOGI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.62% | ||
| PM (TTM) | 13.78% | ||
| GM | 42.81% |
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 10.48 indicates that LOGI is not in any danger for bankruptcy at the moment.
LOGI has a Altman-Z score of 10.48. This is amongst the best in the industry. LOGI outperforms 93.94% 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 | 10.48 |
ROIC/WACC4.21
WACC5.02%
2.3 Liquidity
LOGI has a Current Ratio of 2.27. This indicates that LOGI is financially healthy and has no problem in meeting its short term obligations.
LOGI has a better Current ratio (2.27) than 69.70% of its industry peers.
A Quick Ratio of 1.86 indicates that LOGI should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.86, LOGI is doing good in the industry, outperforming 75.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.86 |
3. Growth
3.1 Past
LOGI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.06%.
The Earnings Per Share has been growing by 17.67% on average over the past years. This is quite good.
The Revenue has been growing slightly by 4.58% in the past 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)5.06%
EPS 3Y1.56%
EPS 5Y17.67%
EPS Q2Q%11.5%
Revenue 1Y (TTM)4.58%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%5.47%
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 8.65% yearly.
The Revenue is expected to grow by 4.57% on average over the next years.
EPS Next Y-1.1%
EPS Next 2Y3.96%
EPS Next 3Y5.98%
EPS Next 5Y8.65%
Revenue Next Year4.05%
Revenue Next 2Y4.23%
Revenue Next 3Y4.53%
Revenue Next 5Y4.57%
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.
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
With a Price/Earnings ratio of 20.79, LOGI is valued on the expensive side.
Based on the Price/Earnings ratio, LOGI is valued a bit cheaper than 66.67% of the companies in the same industry.
LOGI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
LOGI is valuated rather expensively with a Price/Forward Earnings ratio of 19.75.
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 (22.72), we can say LOGI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.79 | ||
| Fwd PE | 19.75 |
4.2 Price Multiples
LOGI's Enterprise Value to EBITDA is on the same level as the industry average.
63.64% of the companies in the same industry are more expensive than LOGI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.85 | ||
| EV/EBITDA | 21.21 |
4.3 Compensation for Growth
The excellent profitability rating of LOGI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.18
EPS Next 2Y3.96%
EPS Next 3Y5.98%
5. Dividend
5.1 Amount
LOGI has a Yearly Dividend Yield of 1.51%.
LOGI's Dividend Yield is a higher than the industry average which is at 1.83.
LOGI's Dividend Yield is slightly below the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
The dividend of LOGI is nicely growing with an annual growth rate of 12.99%!
LOGI has paid a dividend for at least 10 years, which is 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 32.70% 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.
DP32.7%
EPS Next 2Y3.96%
EPS Next 3Y5.98%
103.54
-0.45 (-0.43%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners59.57%
Inst Owner Change-3.94%
Ins Owners0.27%
Ins Owner Change0%
Market Cap17.50B
Analysts76.47
Price Target109.6 (5.85%)
Short Float %2%
Short Ratio4.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
Yearly Dividend1.37
Dividend Growth(5Y)12.99%
DP32.7%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.1%
Min EPS beat(2)5.74%
Max EPS beat(2)26.46%
EPS beat(4)4
Avg EPS beat(4)15.53%
Min EPS beat(4)5.74%
Max EPS beat(4)26.46%
EPS beat(8)8
Avg EPS beat(8)34.46%
EPS beat(12)11
Avg EPS beat(12)28.26%
EPS beat(16)14
Avg EPS beat(16)23.2%
Revenue beat(2)1
Avg Revenue beat(2)-1.41%
Min Revenue beat(2)-3.32%
Max Revenue beat(2)0.5%
Revenue beat(4)2
Avg Revenue beat(4)0.29%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)5.37%
Revenue beat(8)5
Avg Revenue beat(8)1.78%
Revenue beat(12)7
Avg Revenue beat(12)0.52%
Revenue beat(16)9
Avg Revenue beat(16)0.66%
PT rev (1m)5.46%
PT rev (3m)10.6%
EPS NQ rev (1m)0.36%
EPS NQ rev (3m)-6.47%
EPS NY rev (1m)5.31%
EPS NY rev (3m)5.31%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.79 | ||
| Fwd PE | 19.75 | ||
| P/S | 3.79 | ||
| P/FCF | 23.85 | ||
| P/OCF | 22.1 | ||
| P/B | 8 | ||
| P/tB | 10.29 | ||
| EV/EBITDA | 21.21 |
EPS(TTM)4.98
EY4.81%
EPS(NY)5.24
Fwd EY5.06%
FCF(TTM)4.34
FCFY4.19%
OCF(TTM)4.68
OCFY4.52%
SpS27.31
BVpS12.94
TBVpS10.07
PEG (NY)N/A
PEG (5Y)1.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.98% | ||
| ROE | 29.06% | ||
| ROCE | 26.77% | ||
| ROIC | 21.15% | ||
| ROICexc | 51.63% | ||
| ROICexgc | 97.57% | ||
| OM | 14.62% | ||
| PM (TTM) | 13.78% | ||
| GM | 42.81% | ||
| FCFM | 15.9% |
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%
ROICexcg growth 3Y12.69%
ROICexcg 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-Score7
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 72.24% | ||
| Cap/Sales | 1.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.88% | ||
| Profit Quality | 115.42% | ||
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.86 | ||
| Altman-Z | 10.48 |
F-Score7
WACC5.02%
ROIC/WACC4.21
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)5.06%
EPS 3Y1.56%
EPS 5Y17.67%
EPS Q2Q%11.5%
EPS Next Y-1.1%
EPS Next 2Y3.96%
EPS Next 3Y5.98%
EPS Next 5Y8.65%
Revenue 1Y (TTM)4.58%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%5.47%
Revenue Next Year4.05%
Revenue Next 2Y4.23%
Revenue Next 3Y4.53%
Revenue Next 5Y4.57%
EBIT growth 1Y1.2%
EBIT growth 3Y-5.36%
EBIT growth 5Y19.03%
EBIT Next Year-0.01%
EBIT Next 3Y5.88%
EBIT Next 5Y5.04%
FCF growth 1Y1.85%
FCF growth 3Y55.5%
FCF growth 5Y15.33%
OCF growth 1Y-2.21%
OCF growth 3Y41.35%
OCF growth 5Y14.67%