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Logitech International

Market Cap

CHF16.9b

Last Updated

2021/05/07 01:10 UTC

Data Sources

Company Financials +

Executive Summary

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that helps people connect to digital and cloud experiences. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has Logitech International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LOGN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LOGN's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

LOGN

-1.1%

CH Tech

0.3%

CH Market


1 Year Return

104.6%

LOGN

94.0%

CH Tech

16.1%

CH Market

Return vs Industry: LOGN exceeded the Swiss Tech industry which returned 101.4% over the past year.

Return vs Market: LOGN exceeded the Swiss Market which returned 17% over the past year.


Shareholder returns

LOGNIndustryMarket
7 Day-1.9%-1.1%0.3%
30 Day1.8%2.0%-0.5%
90 Day0.7%2.8%3.9%
1 Year107.2%104.6%96.3%94.0%19.6%16.1%
3 Year159.1%147.7%97.8%89.9%29.6%14.7%
5 Year659.4%595.2%270.6%242.6%61.4%31.9%

Long-Term Price Volatility Vs. Market

How volatile is Logitech International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Logitech International undervalued compared to its fair value and its price relative to the market?

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LOGN (CHF100.45) is trading below our estimate of fair value (CHF138.03)

Significantly Below Fair Value: LOGN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LOGN is good value based on its PE Ratio (19.7x) compared to the XE Tech industry average (26.1x).

PE vs Market: LOGN is good value based on its PE Ratio (19.7x) compared to the Swiss market (24.4x).


Price to Earnings Growth Ratio

PEG Ratio: LOGN is poor value based on its PEG Ratio (27.2x)


Price to Book Ratio

PB vs Industry: LOGN is overvalued based on its PB Ratio (8.2x) compared to the XE Tech industry average (1.5x).


Future Growth

How is Logitech International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOGN's forecast earnings growth (0.7% per year) is above the savings rate (-0.3%).

Earnings vs Market: LOGN's earnings (0.7% per year) are forecast to grow slower than the Swiss market (13.3% per year).

High Growth Earnings: LOGN's earnings are forecast to grow, but not significantly.

Revenue vs Market: LOGN's revenue (6.1% per year) is forecast to grow faster than the Swiss market (4.6% per year).

High Growth Revenue: LOGN's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LOGN's Return on Equity is forecast to be high in 3 years time (26.2%)


Past Performance

How has Logitech International performed over the past 5 years?

37.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LOGN has high quality earnings.

Growing Profit Margin: LOGN's current net profit margins (18%) are higher than last year (15.1%).


Past Earnings Growth Analysis

Earnings Trend: LOGN's earnings have grown significantly by 37.5% per year over the past 5 years.

Accelerating Growth: LOGN's earnings growth over the past year (110.6%) exceeds its 5-year average (37.5% per year).

Earnings vs Industry: LOGN earnings growth over the past year (110.6%) exceeded the Tech industry -13.7%.


Return on Equity

High ROE: LOGN's Return on Equity (41.9%) is considered outstanding.


Financial Health

How is Logitech International's financial position?


Financial Position Analysis

Short Term Liabilities: LOGN's short term assets ($3.2B) exceed its short term liabilities ($1.7B).

Long Term Liabilities: LOGN's short term assets ($3.2B) exceed its long term liabilities ($198.7M).


Debt to Equity History and Analysis

Debt Level: LOGN is debt free.

Reducing Debt: LOGN has not had any debt for past 5 years.

Debt Coverage: LOGN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LOGN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Logitech International current dividend yield, its reliability and sustainability?

0.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LOGN's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.55%).

High Dividend: LOGN's dividend (0.77%) is low compared to the top 25% of dividend payers in the Swiss market (3.56%).


Stability and Growth of Payments

Stable Dividend: LOGN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: LOGN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: LOGN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LOGN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Bracken Darrell (57 yo)

8.33yrs

Tenure

US$8,048,907

Compensation

Mr. Bracken P. Darrell has been the Chief Executive Officer of Logitech International S.A. since January 2013. Mr. Darrell has been President of Logitech International S.A. since joining it in April 2012. ...


CEO Compensation Analysis

Compensation vs Market: Bracken's total compensation ($USD8.05M) is above average for companies of similar size in the Swiss market ($USD5.79M).

Compensation vs Earnings: Bracken's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: LOGN's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: LOGN's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Logitech International S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Logitech International S.A.
  • Ticker: LOGN
  • Exchange: SWX
  • Founded: 1981
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: CHF16.906b
  • Shares outstanding: 168.31m
  • Website: https://www.logitech.com

Number of Employees


Location

  • Logitech International S.A.
  • Daniel Borel Innovation Center
  • EPFL - Quartier de l'Innovation
  • Lausanne
  • Vaud
  • 1015
  • Switzerland

Listings


Biography

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that helps people connect to digital and cloud experiences. The company offers pointing devices, such as w...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 01:10
End of Day Share Price2021/05/06 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.