Logitech (LOGI) Stock Analysis
This is a peer-relative look at Logitech (LOGI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Technology Hardware & Equipment peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | LOGI |
|---|---|
| Name | Logitech International S.A. |
| Country/Region | Switzerland |
| GICS Sector | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 13.65 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | March 27, 1997 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| Total Return (1Y) | -18.29% | 19.81% |
| Total Return (3Y, Annualized) | 7.81% | 26.50% |
| Total Return (5Y, Annualized) | 5.80% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 40.24% | 55.75% |
| Beta (5Y) | 1.17 | 1.39 |
| Max Drawdown (5Y) | -48.55% | -58.83% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | 0.28 |
| Sortino Ratio (1Y) | -0.75 | 0.40 |
Profitability
ROE (TTM)
Logitech (LOGI) posts ROE of 38.16%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
LOGI
Technology Hardware & Equipment industry group
38.16%
Group distribution
- Max
- 42.47%
- LOGI
- 38.16%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Largest peers
- AAPL
- 142.26%
- SNDK
- 141.17%
- APH
- 40.08%
- LOGI
- 38.16%
- ANET
- 33.52%
- CSCO
- 27.32%
- DELL
- --
Net Margin (TTM)
Logitech (LOGI) keeps 16.36% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
LOGI
Technology Hardware & Equipment industry group
16.36%
Group distribution
- Max
- 27.60%
- LOGI
- 16.36%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Largest peers
- SNDK
- 67.04%
- ANET
- 39.97%
- AAPL
- 27.60%
- CSCO
- 20.95%
- APH
- 17.95%
- LOGI
- 16.36%
- DELL
- 7.53%
Operating Margin (TTM)
Logitech (LOGI) turns 16.74% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.
LOGI
Technology Hardware & Equipment industry group
16.74%
Group distribution
- Max
- 36.27%
- Q3
- 18.36%
- LOGI
- 16.74%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Largest peers
- SNDK
- 79.59%
- ANET
- 44.90%
- AAPL
- 31.13%
- APH
- 29.68%
- CSCO
- 27.72%
- LOGI
- 16.74%
- DELL
- 12.02%
Profitability Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| ROE (TTM) | 38.16% | 11.00% |
| ROA (TTM) | 14.60% | 4.78% |
| Net Margin (TTM) | 16.36% | 4.08% |
| Operating Margin (TTM) | 16.74% | 8.84% |
| Gross Margin (TTM) | 45.56% | 39.87% |
Growth
Revenue Growth
Logitech (LOGI) grew revenue 6.28%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
Logitech (LOGI) grew earnings per share 16.22%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.
Growth Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 6.28% | 10.87% |
| Revenue Growth (3Y CAGR) | 2.17% | 2.79% |
| EPS Growth (YoY) | 16.22% | 14.29% |
| EPS Growth (3Y CAGR) | 29.12% | 3.49% |
Financial Strength
Current Ratio (MRQ)
Logitech (LOGI) has current ratio of 2.13, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
LOGI
Technology Hardware & Equipment industry group
2.13
Group distribution
- Max
- 5.34
- Q3
- 3.02
- LOGI
- 2.13
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Largest peers
- ANET
- 3.29
- SNDK
- 2.58
- LOGI
- 2.13
- APH
- 1.94
- AAPL
- 1.02
- DELL
- 0.96
- CSCO
- 0.93
Debt / Equity (MRQ)
Logitech (LOGI) has debt-to-equity ratio of 0.05, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
LOGI
Technology Hardware & Equipment industry group
0.05
Group distribution
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- LOGI
- 0.05
- Q1
- 0.04
- Min
- 0.01
Largest peers
- APH
- 1.03
- AAPL
- 0.84
- CSCO
- 0.62
- LOGI
- 0.05
- SNDK
- 0.01
- ANET
- --
- DELL
- --
Financial Strength Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.95 |
| Debt / Equity (MRQ) | 0.05 | 0.24 |
| Net Debt / EBITDA | -1.46 | 0.16 |
Dividends
Dividend Yield (TTM)
Logitech (LOGI) has dividend yield of 1.73%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.
LOGI
Technology Hardware & Equipment industry group
1.73%
Group distribution
- LOGI
- 1.73%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CSCO
- 1.73%
- LOGI
- 1.73%
- DELL
- 0.73%
- APH
- 0.70%
- AAPL
- 0.31%
- ANET
- 0.00%
- SNDK
- 0.00%
Dividend Payout Ratio (TTM)
Logitech (LOGI) has payout ratio of 30.76%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.
LOGI
Technology Hardware & Equipment industry group
30.76%
Group distribution
- Max
- 32.27%
- LOGI
- 30.76%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CSCO
- 49.85%
- LOGI
- 30.76%
- APH
- 21.74%
- DELL
- 13.43%
- AAPL
- 11.80%
- ANET
- 0.00%
- SNDK
- 0.00%
Dividend Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 1.73% | 0.00% |
| Dividend Payout Ratio (TTM) | 30.76% | 0.00% |
Valuation
P/E Ratio (TTM)
Logitech (LOGI) trades at P/E ratio of 17.34, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.
LOGI
Technology Hardware & Equipment industry group
17.34
Group distribution
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- LOGI
- 17.34
- Min
- 6.07
Largest peers
- ANET
- 45.79
- AAPL
- 38.13
- APH
- 32.43
- CSCO
- 28.18
- DELL
- 19.10
- LOGI
- 17.34
- SNDK
- 6.67
P/S Ratio (TTM)
Logitech (LOGI) trades at 2.76 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
LOGI
Technology Hardware & Equipment industry group
2.76
Group distribution
- Max
- 11.30
- Q3
- 5.82
- LOGI
- 2.76
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
Largest peers
- ANET
- 18.15
- AAPL
- 10.39
- CSCO
- 5.84
- APH
- 5.57
- SNDK
- 4.10
- LOGI
- 2.76
- DELL
- 1.38
P/B Ratio (MRQ)
Logitech (LOGI) trades at 6.33 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
LOGI
Technology Hardware & Equipment industry group
6.33
Group distribution
- Max
- 10.75
- LOGI
- 6.33
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Largest peers
- AAPL
- 44.39
- ANET
- 13.12
- APH
- 10.75
- CSCO
- 7.36
- SNDK
- 6.63
- LOGI
- 6.33
- DELL
- -147.32
Valuation Metrics
| Metric | Current stock: LOGI | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 17.34 | 26.39 |
| P/S Ratio (TTM) | 2.76 | 2.56 |
| P/B Ratio (MRQ) | 6.33 | 3.17 |
| Free Cash Flow Yield (TTM) | 5.09% | 2.83% |