Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that helps people connect to digital and cloud experiences worldwide.
Logitech International Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CHF83.22|
|52 Week High||CHF75.12|
|52 Week Low||CHF140.17|
|1 Month Change||-14.01%|
|3 Month Change||-23.12%|
|1 Year Change||-2.76%|
|3 Year Change||125.41%|
|5 Year Change||241.77%|
|Change since IPO||4,012.80%|
Recent News & Updates
Hidden Value In Logitech: A Low Profile Work From Home Beneficiary
Logitech’s share of the global computer peripheral equipment market grew from 0.6% in calendar 2019 to 1.0% in calendar 2020. The permanent shifts in where people work and how they spend their free time may have created a new, larger base for Logitech’s sales. Logitech’s largest segments are projected to grow at much faster rates than the rest of the computer peripherals market.
Discussing Why Logitech Is Ranked #1 In My Portfolio
I recently released the Landslide Portfolio focused on long-term recurring investments. I used a series of selection criteria and rankings to sort the holdings by strength. Logitech, the consumer and office electronics supplier, came out on top, and I will discuss what made the company shine.
|LOGI||US Tech||US Market|
Return vs Industry: LOGI underperformed the US Tech industry which returned 31.8% over the past year.
Return vs Market: LOGI underperformed the US Market which returned 33.4% over the past year.
Stable Share Price: LOGI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LOGI's weekly volatility (4%) has been stable over the past year.
About the Company
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that helps people connect to digital and cloud experiences worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mice, headsets, and simulation products, such as steering wheels and flight sticks for gamers; video conferencing products, and controllers for video conferencing room solutions; portable wireless Bluetooth and Wi-Fi connected speakers, PC speakers, PC headsets, microphones, in-ear headphones, and wireless audio wearables; home entertainment controllers for smart home devices comprising lighting, thermostats and door locks, and home security cameras.
Logitech International Fundamentals Summary
|LOGI fundamental statistics|
Is LOGI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LOGI income statement (TTM)|
|Cost of Revenue||US$3.24b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 24, 2022
|Earnings per share (EPS)||5.54|
|Net Profit Margin||16.05%|
How did LOGI perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
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 ($83.22) is trading below our estimate of fair value ($144.04)
Significantly Below Fair Value: LOGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LOGI is good value based on its PE Ratio (15.1x) compared to the US Tech industry average (15.5x).
PE vs Market: LOGI is good value based on its PE Ratio (15.1x) compared to the US market (18.1x).
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 (6.2x) compared to the US Tech industry average (2.4x).
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 (7.9% per year) is above the savings rate (2%).
Earnings vs Market: LOGI's earnings (7.9% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: LOGI's earnings are forecast to grow, but not significantly.
Revenue vs Market: LOGI's revenue (7.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: LOGI's revenue (7.3% 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 (26.3%)
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 (16.1%) are lower than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: LOGI's earnings have grown significantly by 40.3% per year over the past 5 years.
Accelerating Growth: LOGI's earnings growth over the past year (39.4%) is below its 5-year average (40.3% per year).
Earnings vs Industry: LOGI earnings growth over the past year (39.4%) underperformed the Tech industry 67.7%.
Return on Equity
High ROE: LOGI's Return on Equity (41.3%) is considered outstanding.
How is Logitech International's financial position?
Financial Position Analysis
Short Term Liabilities: LOGI's short term assets ($2.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: LOGI's short term assets ($2.9B) exceed its long term liabilities ($222.9M).
Debt to Equity History and Analysis
Debt Level: LOGI is debt free.
Reducing Debt: LOGI has not had any debt for past 5 years.
Debt Coverage: LOGI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LOGI has no debt, therefore coverage of interest payments is not a concern.
What is Logitech International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LOGI's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: LOGI's dividend (1.12%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LOGI has been paying a dividend for less than 10 years.
Growing Dividend: LOGI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.7%), LOGI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LOGI's dividends in 3 years are forecast to be well covered by earnings (21.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bracken Darrell (58 yo)
Mr. Bracken P. Darrell has been the Chief Executive Officer and President of Logitech International S.A. since January 1, 2012 and April 9, 2012 respectively. Mr. Darrell has been an Executive Director of...
CEO Compensation Analysis
Compensation vs Market: Bracken's total compensation ($USD11.03M) is about average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Bracken's compensation has increased by more than 20% in the past year.
Experienced Management: LOGI's management team is considered experienced (2.5 years average tenure).
Experienced Board: LOGI's board of directors are considered experienced (4.6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Logitech International S.A.'s 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: CHF12.926b
- Listing Market Cap: CHF14.074b
- Shares outstanding: 168.75m
- Website: https://www.logitech.com
Number of Employees
- Logitech International S.A.
- Daniel Borel Innovation Center
- EPFL - Quartier de l'Innovation
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 23:00|
|End of Day Share Price||2021/10/27 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.