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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

Company profile fields for Logitech (LOGI)
Profile ItemLOGI
NameLogitech International S.A.
Country/RegionSwitzerland
GICS SectorInformation Technology
GICS Industry GroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryTechnology Hardware, Storage & Peripherals
Market Capitalization13.65 billion USD
CurrencyUSD
ExchangeNasdaq
Listing DateMarch 27, 1997
Security TypeCommon Stock

Price Performance

Cumulative Growth

LOGI
GSPC
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Logitech (LOGI) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Logitech (LOGI) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Logitech (LOGI) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry 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

LOGI
GSPC
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Logitech (LOGI) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Logitech (LOGI) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry group median
Volatility (1Y, Annualized)40.24%55.75%
Beta (5Y)1.171.39
Max Drawdown (5Y)-48.55%-58.83%

Risk-Adjusted Performance

Risk-Return Positioning

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Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. LOGI is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry group median
Sharpe Ratio (1Y)-0.560.28
Sortino Ratio (1Y)-0.750.40

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
--
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Where Logitech (LOGI) stands on ROE within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

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%
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Where Logitech (LOGI) stands on net margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

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%
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Where Logitech (LOGI) stands on operating margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry 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.

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Logitech (LOGI): Revenue Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

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.

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Logitech (LOGI): EPS Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

Growth Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry 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
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Where Logitech (LOGI) stands on current ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

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
--
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Where Logitech (LOGI) stands on debt-to-equity ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry group median
Current Ratio (MRQ)2.131.95
Debt / Equity (MRQ)0.050.24
Net Debt / EBITDA-1.460.16

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%
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Where Logitech (LOGI) stands on dividend yield within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

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%
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Where Logitech (LOGI) stands on payout ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry 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
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Where Logitech (LOGI) stands on P/E ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

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
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Where Logitech (LOGI) stands on P/S ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

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
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Where Logitech (LOGI) stands on P/B ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Logitech (LOGI) metric values compared with Technology Hardware & Equipment industry-group medians
MetricCurrent stock: LOGIIndustry group median
P/E Ratio (TTM)17.3426.39
P/S Ratio (TTM)2.762.56
P/B Ratio (MRQ)6.333.17
Free Cash Flow Yield (TTM)5.09%2.83%