Logitech International S.A.

SWX:LOGN Stock Report

Market Cap: CHF 10.1b

Logitech International Valuation

Is LOGN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LOGN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LOGN (CHF68.5) is trading above our estimate of fair value (CHF67.53)

Significantly Below Fair Value: LOGN is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for LOGN?

Key metric: As LOGN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LOGN. This is calculated by dividing LOGN's market cap by their current earnings.
What is LOGN's PE Ratio?
PE Ratio16.3x
EarningsUS$699.62m
Market CapUS$11.44b

Price to Earnings Ratio vs Peers

How does LOGN's PE Ratio compare to its peers?

The above table shows the PE ratio for LOGN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.2x
ALSN ALSO Holding
27.3x26.8%CHF 2.9b
COTN Comet Holding
120.3x48.6%CHF 2.1b
992 Lenovo Group
12.4x17.4%HK$111.9b
IFCN INFICON Holding
25x9.5%CHF 2.4b
LOGN Logitech International
16.3x0.4%CHF 10.1b

Price-To-Earnings vs Peers: LOGN is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (46.2x).


Price to Earnings Ratio vs Industry

How does LOGN's PE Ratio compare vs other companies in the European Tech Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
LOGN 16.3xIndustry Avg. 22.0xNo. of Companies3PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LOGN is good value based on its Price-To-Earnings Ratio (16.3x) compared to the Global Tech industry average (21.9x).


Price to Earnings Ratio vs Fair Ratio

What is LOGN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LOGN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.3x
Fair PE Ratio19.1x

Price-To-Earnings vs Fair Ratio: LOGN is good value based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (19.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LOGN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 68.50
CHF 79.43
+16.0%
17.0%CHF 97.83CHF 59.78n/a11
Nov ’25CHF 72.54
CHF 79.43
+9.5%
17.0%CHF 97.83CHF 59.78n/a11
Oct ’25CHF 72.88
CHF 83.43
+14.5%
18.8%CHF 105.00CHF 60.00n/a9
Sep ’25CHF 76.82
CHF 83.43
+8.6%
18.8%CHF 105.00CHF 60.00n/a9
Aug ’25CHF 79.18
CHF 83.43
+5.4%
18.8%CHF 105.00CHF 60.00n/a9
Jul ’25CHF 87.20
CHF 80.83
-7.3%
21.1%CHF 105.89CHF 58.66n/a9
Jun ’25CHF 89.40
CHF 76.13
-14.8%
16.8%CHF 96.86CHF 58.88n/a10
May ’25CHF 72.06
CHF 76.27
+5.8%
15.1%CHF 97.98CHF 59.99n/a10
Apr ’25CHF 80.76
CHF 76.59
-5.2%
17.2%CHF 98.52CHF 57.99n/a10
Mar ’25CHF 77.86
CHF 73.66
-5.4%
16.5%CHF 92.48CHF 54.05n/a9
Feb ’25CHF 72.12
CHF 71.04
-1.5%
17.0%CHF 89.97CHF 52.59n/a9
Jan ’25CHF 79.76
CHF 68.73
-13.8%
19.8%CHF 89.46CHF 48.68n/a9
Dec ’24CHF 75.50
CHF 65.33
-13.5%
16.4%CHF 77.51CHF 48.02n/a9
Nov ’24CHF 72.12
CHF 67.10
-7.0%
15.6%CHF 79.28CHF 49.88CHF 72.549
Oct ’24CHF 63.28
CHF 64.96
+2.7%
15.7%CHF 75.69CHF 50.04CHF 72.889
Sep ’24CHF 61.52
CHF 59.10
-3.9%
18.9%CHF 72.50CHF 41.40CHF 76.829
Aug ’24CHF 61.48
CHF 58.73
-4.5%
19.1%CHF 71.92CHF 41.07CHF 79.189
Jul ’24CHF 53.24
CHF 58.44
+9.8%
19.4%CHF 74.73CHF 40.77CHF 87.209
Jun ’24CHF 57.84
CHF 56.09
-3.0%
19.6%CHF 73.24CHF 39.96CHF 89.409
May ’24CHF 52.52
CHF 55.40
+5.5%
19.6%CHF 73.93CHF 34.25CHF 72.069
Apr ’24CHF 53.10
CHF 53.19
+0.2%
16.6%CHF 68.13CHF 33.99CHF 80.768
Mar ’24CHF 49.94
CHF 58.86
+17.9%
18.3%CHF 71.96CHF 35.04CHF 77.868
Feb ’24CHF 53.08
CHF 58.56
+10.3%
18.3%CHF 69.57CHF 34.57CHF 72.128
Jan ’24CHF 57.06
CHF 64.20
+12.5%
23.9%CHF 89.60CHF 34.01CHF 79.768
Dec ’23CHF 58.08
CHF 64.46
+11.0%
24.0%CHF 91.11CHF 34.58CHF 75.508
Nov ’23CHF 50.14
CHF 67.11
+33.8%
23.9%CHF 94.23CHF 36.26CHF 72.128

Analyst Forecast: Target price is less than 20% higher than the current share price.


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