Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms worldwide.
Flawless balance sheet with solid track record.
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: LOGI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LOGI underperformed the US Tech industry which returned 49.6% over the past year.
Return vs Market: LOGI underperformed the US Market which returned 5.2% over the past year.
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
1 year ago | Simply Wall StThere's An Opportunity With Logitech International SA. (NASDAQ:LOGI)
2 years ago | Simply Wall StWhy Logitech International SA (LOGI) Could Be A Buy
2 years ago | Simply Wall StInvestors in Logitech International SA (LOGI) are paying above the intrinsic value
Is Logitech International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LOGI ($38.51) is trading below our estimate of fair value ($52.98)
Significantly Below Fair Value: LOGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LOGI is poor value based on its PE Ratio (23.4x) compared to the Tech industry average (18.9x).
PE vs Market: LOGI is poor value based on its PE Ratio (23.4x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: LOGI is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: LOGI is overvalued based on its PB Ratio (5x) compared to the US Tech industry average (1.8x).
How is Logitech International forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOGI's forecast earnings growth (12.5% per year) is above the savings rate (1.7%).
Earnings vs Market: LOGI's earnings (12.5% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: LOGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: LOGI's revenue (7.6% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: LOGI's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LOGI's Return on Equity is forecast to be high in 3 years time (22.3%)
How has Logitech International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LOGI has high quality earnings.
Growing Profit Margin: LOGI's current net profit margins (9.6%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: LOGI's earnings have grown by 16.1% per year over the past 5 years.
Accelerating Growth: LOGI's earnings growth over the past year (11.2%) is below its 5-year average (16.1% per year).
Earnings vs Industry: LOGI earnings growth over the past year (11.2%) exceeded the Tech industry -3.2%.
Return on Equity
High ROE: LOGI's Return on Equity (21.4%) is considered high.
Return on Assets
Return on Capital Employed
How is Logitech International's financial position?
Financial Position Analysis
Short Term Liabilities: LOGI's short term assets ($1.6B) exceed its short term liabilities ($893.0M).
Long Term Liabilities: LOGI's short term assets ($1.6B) exceed its long term liabilities ($155.6M).
Debt to Equity History and Analysis
Debt Level: LOGI is debt free.
Reducing Debt: LOGI has not had any debt for past 5 years.
Debt Coverage: LOGI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LOGI has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: LOGI has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LOGI's debt is covered by short term assets.
What is Logitech International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: LOGI's dividend (1.9%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: LOGI's dividend (1.9%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LOGI has been paying a dividend for less than 10 years.
Growing Dividend: LOGI's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.3%), LOGI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LOGI's dividends in 3 years are forecast to be well covered by earnings (32% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bracken Darrell (56yo)
Mr. Bracken P. Darrell has been the Chief Executive Officer of Logitech International S.A. since January 2013. Mr. Darrell has been President of Logitech International S.A. since joining it in April 2012. ...
CEO Compensation Analysis
Compensation vs Market: Bracken's total compensation ($USD8.40M) is about average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Bracken's compensation has been consistent with company performance over the past year.
|Executive Director||21.7yrs||US$1.90m||0.19% $12.6m|
|CFO & Principal Accounting Officer||0.8yrs||no data||no data|
|Chief Information Officer||1.1yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Senior Vice President and Chief Executive Officer of Life Size Communications||6yrs||no data||no data|
|Chief Design Officer||0yrs||no data||no data|
|Vice President of Global Communications - USA||0yrs||no data||no data|
|General Manager of Video Collaboration Group||0yrs||no data||no data|
|General Manager of Creativity & Productivity||0yrs||no data||no data|
Experienced Management: LOGI's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Executive Director||21.7yrs||US$1.90m||0.19% $12.6m|
|Independent Non-Executive Director||3.4yrs||US$239.30k||0.0076% $494.4k|
|Chairman Emeritus||4.4yrs||US$25.72k||no data|
|Lead Independent Director||0yrs||US$269.04k||0.038% $2.5m|
|Independent Non-Executive Director||7.4yrs||US$274.09k||0.011% $740.6k|
|Independent Non-Executive Director||4.4yrs||US$259.94k||0.017% $1.1m|
|Independent Director||1.4yrs||US$202.48k||0.0015% $96.7k|
|Independent Chairperson||0.4yrs||US$254.30k||0.0045% $293.2k|
|Independent Non-Executive Director||2.4yrs||US$240.39k||0.0034% $222.0k|
Experienced Board: LOGI's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LOGI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Logitech International S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Logitech International S.A.
- Ticker: LOGI
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: CHF6.338b
- Listing Market Cap: CHF6.530b
- Shares outstanding: 167.31m
- Website: https://www.logitech.com
Number of Employees
- Logitech International S.A.
- Daniel Borel Innovation Center
- EPFL - Quartier de l'Innovation
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LTEC||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Aug 1993|
|LOGN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Aug 1993|
|LOGI||NasdaqGS (Nasdaq Global Select)||Yes||Registered Shares||US||USD||Aug 1993|
|0QK6||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Aug 1993|
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms worldwide. The company offers portable wireless Bluetooth and Wi-Fi speakers, PC speakers, PC headsets, in-ear headphones, and wireless audio wearables; gaming mice, keyboards, headsets, mousepads, and steering wheels and flight sticks; and audio and video, and other products that connect small and medium sized user groups. It also provides keyboards and covers for tablets and smartphones, as well as other accessories for mobile devices; pointing devices, such as PC and Mac-related mice, touchpads, and presenters; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combos; PC-based Webcams; and remote control and home automation products. The company sells its products through direct sales to retailers and e-tailers, as well as indirect sales through distributors. Its channel network includes consumer electronics distributors, retailers, mass merchandisers, specialty electronics stores, computer and telecommunications stores, value-added resellers, and online merchants. The company was founded in 1981 and is headquartered in Lausanne, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:45|
|End of Day Share Price||2020/02/27 00:00|
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.