(LOGI) Logitech International - Overview
Sector: Technology | Industry: Computer Hardware | Exchange: NASDAQ (USA) | Market Cap: 15.183m USD | Total Return: 31.9% in 12m
Avg Turnover: 95.5M
EPS Trend: 94.1%
Qual. Beats: 4
Rev. Trend: 95.8%
Qual. Beats: 0
Warnings
Overextended 3d
Tailwinds
Garp
Logitech International S.A. (LOGI) is a Swiss-based technology company specializing in software-enabled hardware solutions for productivity, gaming, and video collaboration. Its diverse product portfolio includes peripheral devices such as mice, keyboards, webcams, headsets, and specialized equipment for streaming and video conferencing. The company operates within the Technology Hardware, Storage & Peripherals sub-industry, a sector currently driven by the global shift toward hybrid work environments and the expansion of the professional esports market.
The business model relies on a multi-channel distribution strategy, selling products through a global network of retailers, e-tailers, and system integrators under brands like Logitech and Logitech G. As hardware margins in the consumer electronics sector are often influenced by manufacturing efficiencies and supply chain logistics, Logitech maintains a focus on both high-volume peripherals and premium, specialized hardware for professional creators. Examining the historical performance data on ValueRay can provide deeper insights into the companys valuation trends.
Headquartered in Lausanne, Switzerland, Logitech has maintained a market presence since 1981, evolving from a computer mouse manufacturer into a comprehensive provider of digital interface tools. The company’s growth is increasingly tied to the integration of software ecosystems that enhance hardware functionality, a common strategy for hardware firms seeking to increase customer retention and recurring value.
- Global gaming peripheral demand dictates top-line revenue growth and margin expansion
- Enterprise video collaboration spending levels influence long-term commercial hardware sales
- Product refresh cycles in PC accessories drive consistent consumer replacement revenue
- Elevated freight and component costs impact gross margin and operating profitability
- Foreign exchange volatility significantly affects reported earnings for the Swiss-based company
| Net Income: 708.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.25 > 0.02 and ΔFCF/TA 2.99 > 1.0 |
| NWC/Revenue: 33.28% < 20% (prev 32.75%; Δ 0.53% < -1%) |
| CFO/TA 0.27 > 3% & CFO 1.04b > Net Income 708.4m |
| Net Debt (-1.66b) to EBITDA (901.5m): -1.84 < 3 |
| Current Ratio: 2.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (147.0m) vs 12m ago -2.46% < -2% |
| Gross Margin: 43.20% > 18% (prev 0.43%; Δ 4.28k% > 0.5%) |
| Asset Turnover: 130.7% > 50% (prev 128.7%; Δ 1.97% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.42 (Total Current Assets 2.93b - Total Current Liabilities 1.32b) / Total Assets 3.87b |
| B: 0.88 (Retained Earnings 3.40b / Total Assets 3.87b) |
| C: 0.22 (EBIT TTM 803.8m / Avg Total Assets 3.70b) |
| D: 2.01 (Book Value of Equity 3.31b / Total Liabilities 1.65b) |
| Altman-Z'' = 9.17 = AAA |
| DSRI: 0.96 (Receivables 508.6m/500.9m, Revenue 4.84b/4.55b) |
| GMI: 1.00 (GM 43.20% / 43.30%) |
| AQI: 0.99 (AQ_t 0.21 / AQ_t-1 0.21) |
| SGI: 1.06 (Revenue 4.84b / 4.55b) |
| TATA: -0.08 (NI 708.4m - CFO 1.04b) / TA 3.87b) |
| Beneish M = -3.11 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 105.80 with a total of 575,484 shares traded.
Over the past week, the price has changed by +9.36%,
over one month by +14.92%,
over three months by +26.01% and
over the past year by +31.94%.
Logitech International has received a consensus analysts rating of 3.45. Therefore, it is recommended to hold LOGI.
- StrongBuy: 2
- Buy: 1
- Hold: 8
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 113.5 | 7.3% |
P/E Forward = 13.8504
P/S = 3.1364
P/B = 6.7361
P/EG = 1.4421
Revenue TTM = 4.84b USD
EBIT TTM = 803.8m USD
EBITDA TTM = 901.5m USD
Long Term Debt = unknown (none)
Short Term Debt = 17.5m USD (from shortTermDebt, two quarters ago)
Debt = 92.0m USD (from shortLongTermDebtTotal, two quarters ago) (leases 92.0m already included)
Net Debt = -1.66b USD (calculated: Debt 92.0m - CCE 1.75b)
Enterprise Value = 13.5b USD (15.2b + Debt 92.0m - CCE 1.75b)
Interest Coverage Ratio = unknown (Ebit TTM 803.8m / Interest Expense TTM 0.0)
EV/FCF = 13.86x (Enterprise Value 13.5b / FCF TTM 975.6m)
FCF Yield = 7.21% (FCF TTM 975.6m / Enterprise Value 13.5b)
FCF Margin = 20.15% (FCF TTM 975.6m / Revenue TTM 4.84b)
Net Margin = 14.63% (Net Income TTM 708.4m / Revenue TTM 4.84b)
Gross Margin = 43.20% ((Revenue TTM 4.84b - Cost of Revenue TTM 2.75b) / Revenue TTM)
Gross Margin QoQ = 44.52% (prev 43.09%)
Tobins Q-Ratio = 3.49 (Enterprise Value 13.5b / Total Assets 3.87b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 92.0m)
Taxrate = 4.26% (6.26m / 146.9m)
NOPAT = 769.6m (EBIT 803.8m * (1 - 4.26%))
Current Ratio = 2.22 (Total Current Assets 2.93b / Total Current Liabilities 1.32b)
Debt / Equity = 0.04 (Debt 92.0m / totalStockholderEquity, last quarter 2.22b)
Debt / EBITDA = -1.84 (Net Debt -1.66b / EBITDA 901.5m)
Debt / FCF = -1.70 (Net Debt -1.66b / FCF TTM 975.6m)
Total Stockholder Equity = 2.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 19.13% (Net Income 708.4m / Total Assets 3.87b)
RoE = 32.09% (Net Income TTM 708.4m / Total Stockholder Equity 2.21b)
RoCE = 31.53% (EBIT 803.8m / Capital Employed (Total Assets 3.87b - Current Liab 1.32b))
RoIC = 50.67% (NOPAT 769.6m / Invested Capital 1.52b)
WACC = 10.76% (E(15.2b)/V(15.3b) * Re(10.83%) + D(92.0m)/V(15.3b) * Rd(0.0%) * (1-Tc(0.04)))
Discount Rate = 10.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -3.00%
[DCF] Terminal Value 70.57% ; FCFF base≈900.0m ; Y1≈1.03b ; Y5≈1.52b
[DCF] Fair Price = 123.1 (EV 16.0b - Net Debt -1.66b = Equity 17.7b / Shares 143.5m; r=10.76% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 94.05 | EPS CAGR: 22.27% | SUE: 0.90 | # QB: 4
Revenue Correlation: 95.81 | Revenue CAGR: 4.77% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.33 | Chg30d=+4.63% | Revisions=+11% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.45 | Chg30d=+2.39% | Revisions=-33% | Analysts=4
EPS current Year (2027-03-31): EPS=5.91 | Chg30d=+2.78% | Revisions=+33% | GrowthEPS=+2.2% | GrowthRev=+3.6%
EPS next Year (2028-03-31): EPS=6.22 | Chg30d=-0.19% | Revisions=+11% | GrowthEPS=+5.3% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: -33%