Logitech International S.A.

LSE:0QK6 Stock Report

Market Cap: CHF11.1b

Logitech International Valuation

Is 0QK6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 0QK6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0QK6 (CHF72.06) is trading above our estimate of fair value (CHF51.4)

Significantly Below Fair Value: 0QK6 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0QK6?

Other financial metrics that can be useful for relative valuation.

0QK6 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.5x
Enterprise Value/EBITDA15.6x
PEG Ratio8x

Price to Earnings Ratio vs Peers

How does 0QK6's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QK6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.4x
CNC Concurrent Technologies
57x27.3%UK£89.1m
HLMA Halma
35x8.7%UK£8.3b
SXS Spectris
22.6x10.0%UK£3.3b
RSW Renishaw
31.1x14.9%UK£3.0b
0QK6 Logitech International
19.7x2.5%CHF11.1b

Price-To-Earnings vs Peers: 0QK6 is good value based on its Price-To-Earnings Ratio (19.7x) compared to the peer average (36.4x).


Price to Earnings Ratio vs Industry

How does 0QK6's PE Ratio compare vs other companies in the European Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 0QK6 is expensive based on its Price-To-Earnings Ratio (19.7x) compared to the European Tech industry average (18.3x).


Price to Earnings Ratio vs Fair Ratio

What is 0QK6'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.

0QK6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.7x
Fair PE Ratio25.4x

Price-To-Earnings vs Fair Ratio: 0QK6 is good value based on its Price-To-Earnings Ratio (19.7x) compared to the estimated Fair Price-To-Earnings Ratio (25.4x).


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 0QK6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF72.06
CHF76.32
+5.9%
15.3%CHF98.26CHF60.16n/a10
Apr ’25CHF80.77
CHF76.52
-5.3%
17.3%CHF98.58CHF57.99n/a10
Mar ’25CHF77.62
CHF73.49
-5.3%
16.6%CHF92.48CHF54.05n/a9
Feb ’25CHF72.35
CHF70.87
-2.0%
17.0%CHF89.97CHF52.59n/a9
Jan ’25CHF79.84
CHF68.70
-14.0%
19.8%CHF89.46CHF48.68n/a9
Dec ’24CHF75.50
CHF65.30
-13.5%
16.4%CHF77.51CHF48.02n/a9
Nov ’24CHF72.12
CHF67.10
-7.0%
15.6%CHF79.28CHF49.88n/a9
Oct ’24CHF63.29
CHF64.96
+2.6%
15.7%CHF75.69CHF50.04n/a9
Sep ’24CHF61.52
CHF59.10
-3.9%
18.9%CHF72.50CHF41.40n/a9
Aug ’24CHF61.47
CHF58.73
-4.5%
19.1%CHF71.92CHF41.07n/a9
Jul ’24CHF53.24
CHF58.44
+9.8%
19.4%CHF74.73CHF40.77n/a9
Jun ’24CHF57.84
CHF56.09
-3.0%
19.6%CHF73.24CHF39.96n/a9
May ’24CHF52.62
CHF55.40
+5.3%
19.6%CHF73.93CHF34.25CHF72.069
Apr ’24CHF53.10
CHF53.19
+0.2%
16.6%CHF68.13CHF33.99CHF80.778
Mar ’24CHF49.94
CHF58.86
+17.9%
18.3%CHF71.96CHF35.04CHF77.628
Feb ’24CHF53.08
CHF58.56
+10.3%
18.3%CHF69.57CHF34.57CHF72.358
Jan ’24CHF57.63
CHF64.20
+11.4%
23.9%CHF89.60CHF34.01CHF79.848
Dec ’23CHF58.09
CHF64.46
+11.0%
24.0%CHF91.11CHF34.58CHF75.508
Nov ’23CHF50.35
CHF67.11
+33.3%
23.9%CHF94.23CHF36.26CHF72.128
Oct ’23CHF45.95
CHF72.44
+57.7%
22.7%CHF96.21CHF45.97CHF63.298
Sep ’23CHF48.49
CHF74.50
+53.6%
20.2%CHF94.07CHF44.95CHF61.528
Aug ’23CHF52.82
CHF74.50
+41.1%
20.2%CHF94.07CHF44.95CHF61.478
Jul ’23CHF49.59
CHF89.33
+80.2%
16.8%CHF106.88CHF68.08CHF53.248
Jun ’23CHF58.78
CHF89.69
+52.6%
16.8%CHF107.13CHF68.25CHF57.848
May ’23CHF65.04
CHF98.72
+51.8%
11.3%CHF113.09CHF84.27CHF52.628

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


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