LOGITECH INTERNATIONAL-REG (LTEC.DE) Stock Fundamental Analysis
FRA:LTEC - Deutsche Boerse Ag - CH0025751329 - Common Stock - Currency: EUR
Taking everything into account, LTEC scores 7 out of 10 in our fundamental rating. LTEC was compared to 31 industry peers in the Technology Hardware, Storage & Peripherals industry. LTEC gets an excellent profitability rating and is at the same time showing great financial health properties. LTEC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year LTEC was profitable.
In the past year LTEC had a positive cash flow from operations.
Each year in the past 5 years LTEC has been profitable.
Each year in the past 5 years LTEC had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LTEC (17.85%) is better than 92.59% of its industry peers.
LTEC has a Return On Equity of 29.69%. This is amongst the best in the industry. LTEC outperforms 92.59% of its industry peers.
LTEC has a better Return On Invested Capital (19.19%) than 88.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LTEC is in line with the industry average of 16.41%.
The last Return On Invested Capital (19.19%) for LTEC is above the 3 year average (16.55%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.85% | ||
| ROE | 29.69% | ||
| ROIC | 19.19% |
ROA(3y)15.02%
ROA(5y)16.78%
ROE(3y)24.41%
ROE(5y)28.4%
ROIC(3y)16.55%
ROIC(5y)20.72%
1.3 Margins
Looking at the Profit Margin, with a value of 13.86%, LTEC belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
In the last couple of years the Profit Margin of LTEC has declined.
LTEC has a Operating Margin of 14.59%. This is amongst the best in the industry. LTEC outperforms 88.89% of its industry peers.
LTEC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 43.09%, LTEC is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
In the last couple of years the Gross Margin of LTEC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.59% | ||
| PM (TTM) | 13.86% | ||
| GM | 43.09% |
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), LTEC is creating value.
LTEC has less shares outstanding than it did 1 year ago.
LTEC has less shares outstanding than it did 5 years ago.
LTEC 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
LTEC has an Altman-Z score of 10.11. This indicates that LTEC is financially healthy and has little risk of bankruptcy at the moment.
LTEC's Altman-Z score of 10.11 is amongst the best of the industry. LTEC outperforms 96.30% of its industry peers.
LTEC 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 | 10.11 |
ROIC/WACC3.8
WACC5.05%
2.3 Liquidity
LTEC has a Current Ratio of 2.35. This indicates that LTEC is financially healthy and has no problem in meeting its short term obligations.
LTEC has a Current ratio of 2.35. This is in the better half of the industry: LTEC outperforms 70.37% of its industry peers.
A Quick Ratio of 1.90 indicates that LTEC should not have too much problems paying its short term obligations.
LTEC's Quick ratio of 1.90 is amongst the best of the industry. LTEC outperforms 85.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.9 |
3. Growth
3.1 Past
LTEC 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.
Looking at the last year, LTEC shows a small growth in Revenue. The Revenue has grown by 5.97% 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)5.06%
EPS 3Y1.56%
EPS 5Y17.67%
EPS Q2Q%11.5%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%5.47%
3.2 Future
Based on estimates for the next years, LTEC will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.75% on average per year.
The Revenue is expected to grow by 4.55% on average over the next years.
EPS Next Y-6.09%
EPS Next 2Y1.82%
EPS Next 3Y7.14%
EPS Next 5Y8.75%
Revenue Next Year2.72%
Revenue Next 2Y3.67%
Revenue Next 3Y4.42%
Revenue Next 5Y4.55%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
LTEC is valuated rather expensively with a Price/Earnings ratio of 17.50.
77.78% of the companies in the same industry are more expensive than LTEC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.82. LTEC is valued slightly cheaper when compared to this.
LTEC is valuated rather expensively with a Price/Forward Earnings ratio of 17.34.
The rest of the industry has a similar Price/Forward Earnings ratio as LTEC.
When comparing the Price/Forward Earnings ratio of LTEC to the average of the S&P500 Index (36.21), we can say LTEC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.5 | ||
| Fwd PE | 17.34 |
4.2 Price Multiples
LTEC's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, LTEC is valued a bit cheaper than 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.74 | ||
| EV/EBITDA | 17.78 |
4.3 Compensation for Growth
The excellent profitability rating of LTEC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.99
EPS Next 2Y1.82%
EPS Next 3Y7.14%
5. Dividend
5.1 Amount
LTEC has a Yearly Dividend Yield of 1.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.04, LTEC pays a better dividend. On top of this LTEC pays more dividend than 81.48% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.39, LTEC is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
The dividend of LTEC is nicely growing with an annual growth rate of 12.99%!
Dividend Growth(5Y)12.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
32.91% of the earnings are spent on dividend by LTEC. This is a low number and sustainable payout ratio.
LTEC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.91%
EPS Next 2Y1.82%
EPS Next 3Y7.14%
FRA:LTEC (8/1/2025, 7:00:00 PM)
76.46
-6.44 (-7.77%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners59.57%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap12.92B
Analysts75.56
Price Target89.99 (17.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend1.21
Dividend Growth(5Y)12.99%
DP32.91%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.41%
Min EPS beat(2)5.74%
Max EPS beat(2)11.08%
EPS beat(4)4
Avg EPS beat(4)18.4%
Min EPS beat(4)5.74%
Max EPS beat(4)37.94%
EPS beat(8)8
Avg EPS beat(8)36.33%
EPS beat(12)10
Avg EPS beat(12)24.87%
EPS beat(16)14
Avg EPS beat(16)23.89%
Revenue beat(2)1
Avg Revenue beat(2)1.03%
Min Revenue beat(2)-3.32%
Max Revenue beat(2)5.37%
Revenue beat(4)2
Avg Revenue beat(4)1.1%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)5.37%
Revenue beat(8)5
Avg Revenue beat(8)2.17%
Revenue beat(12)6
Avg Revenue beat(12)-0.11%
Revenue beat(16)9
Avg Revenue beat(16)1.01%
PT rev (1m)4.04%
PT rev (3m)N/A
EPS NQ rev (1m)3.31%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.5 | ||
| Fwd PE | 17.34 | ||
| P/S | 3.23 | ||
| P/FCF | 18.74 | ||
| P/OCF | 17.49 | ||
| P/B | 6.93 | ||
| P/tB | 8.99 | ||
| EV/EBITDA | 17.78 |
EPS(TTM)4.37
EY5.72%
EPS(NY)4.41
Fwd EY5.77%
FCF(TTM)4.08
FCFY5.34%
OCF(TTM)4.37
OCFY5.72%
SpS23.64
BVpS11.04
TBVpS8.51
PEG (NY)N/A
PEG (5Y)0.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.85% | ||
| ROE | 29.69% | ||
| ROCE | 27.26% | ||
| ROIC | 19.19% | ||
| ROICexc | 50.07% | ||
| ROICexgc | 104.8% | ||
| OM | 14.59% | ||
| PM (TTM) | 13.86% | ||
| GM | 43.09% | ||
| FCFM | 17.27% |
ROA(3y)15.02%
ROA(5y)16.78%
ROE(3y)24.41%
ROE(5y)28.4%
ROIC(3y)16.55%
ROIC(5y)20.72%
ROICexc(3y)39.18%
ROICexc(5y)54.87%
ROICexgc(3y)77.06%
ROICexgc(5y)158.63%
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-Score8
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 70.37% | ||
| Cap/Sales | 1.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 113.21% | ||
| Profit Quality | 124.53% | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.9 | ||
| Altman-Z | 10.11 |
F-Score8
WACC5.05%
ROIC/WACC3.8
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-6.09%
EPS Next 2Y1.82%
EPS Next 3Y7.14%
EPS Next 5Y8.75%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y-5.98%
Revenue growth 5Y8.89%
Sales Q2Q%5.47%
Revenue Next Year2.72%
Revenue Next 2Y3.67%
Revenue Next 3Y4.42%
Revenue Next 5Y4.55%
EBIT growth 1Y11.73%
EBIT growth 3Y-5.36%
EBIT growth 5Y19.03%
EBIT Next Year-0.01%
EBIT Next 3Y7.05%
EBIT Next 5YN/A
FCF growth 1Y-27.8%
FCF growth 3Y55.5%
FCF growth 5Y15.33%
OCF growth 1Y-26.42%
OCF growth 3Y41.35%
OCF growth 5Y14.67%