Seek Returns logo

GRMN vs. LOGI: A Head-to-Head Stock Comparison

Updated on

Here’s a clear look at GRMN and LOGI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolGRMNLOGI
Company NameGarmin Ltd.Logitech International S.A.
CountrySwitzerlandSwitzerland
GICS SectorConsumer DiscretionaryInformation Technology
GICS IndustryHousehold DurablesTechnology Hardware, Storage & Peripherals
Market Capitalization44.30 billion USD14.75 billion USD
ExchangeNYSENasdaqGS
Listing DateDecember 8, 2000March 27, 1997
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of GRMN and LOGI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

GRMN vs. LOGI: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolGRMNLOGI
5-Day Price Return-2.09%1.56%
13-Week Price Return12.32%10.08%
26-Week Price Return9.48%-11.23%
52-Week Price Return30.83%--
Month-to-Date Return5.21%6.12%
Year-to-Date Return11.58%7.68%
10-Day Avg. Volume0.68M0.41M
3-Month Avg. Volume0.86M0.65M
3-Month Volatility24.53%22.81%
Beta1.011.84

Profitability

Return on Equity (TTM)

GRMN

19.82%

Household Durables Industry

Max
26.99%
Q3
17.28%
Median
12.66%
Q1
7.34%
Min
0.07%

In the upper quartile for the Household Durables industry, GRMN’s Return on Equity of 19.82% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

LOGI

29.40%

Technology Hardware, Storage & Peripherals Industry

Max
47.24%
Q3
29.40%
Median
9.11%
Q1
6.06%
Min
-0.79%

LOGI’s Return on Equity of 29.40% is on par with the norm for the Technology Hardware, Storage & Peripherals industry, indicating its profitability relative to shareholder equity is typical for the sector.

GRMN vs. LOGI: A comparison of their Return on Equity (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Net Profit Margin (TTM)

GRMN

23.21%

Household Durables Industry

Max
15.50%
Q3
8.99%
Median
6.57%
Q1
4.33%
Min
-0.49%

GRMN’s Net Profit Margin of 23.21% is exceptionally high, placing it well beyond the typical range for the Household Durables industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

LOGI

13.86%

Technology Hardware, Storage & Peripherals Industry

Max
13.86%
Q3
8.17%
Median
4.62%
Q1
3.65%
Min
-0.21%

A Net Profit Margin of 13.86% places LOGI in the upper quartile for the Technology Hardware, Storage & Peripherals industry, signifying strong profitability and more effective cost management than most of its peers.

GRMN vs. LOGI: A comparison of their Net Profit Margin (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Operating Profit Margin (TTM)

GRMN

26.02%

Household Durables Industry

Max
20.22%
Q3
12.29%
Median
9.54%
Q1
6.30%
Min
-1.92%

GRMN’s Operating Profit Margin of 26.02% is exceptionally high, placing it well above the typical range for the Household Durables industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

LOGI

14.38%

Technology Hardware, Storage & Peripherals Industry

Max
17.80%
Q3
10.33%
Median
6.31%
Q1
4.86%
Min
2.53%

An Operating Profit Margin of 14.38% places LOGI in the upper quartile for the Technology Hardware, Storage & Peripherals industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

GRMN vs. LOGI: A comparison of their Operating Profit Margin (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Profitability at a Glance

SymbolGRMNLOGI
Return on Equity (TTM)19.82%29.40%
Return on Assets (TTM)16.05%17.30%
Net Profit Margin (TTM)23.21%13.86%
Operating Profit Margin (TTM)26.02%14.38%
Gross Profit Margin (TTM)58.94%43.09%

Financial Strength

Current Ratio (MRQ)

GRMN

3.01

Household Durables Industry

Max
9.23
Q3
4.50
Median
2.35
Q1
1.29
Min
0.70

GRMN’s Current Ratio of 3.01 aligns with the median group of the Household Durables industry, indicating that its short-term liquidity is in line with its sector peers.

LOGI

2.35

Technology Hardware, Storage & Peripherals Industry

Max
2.47
Q3
1.98
Median
1.40
Q1
1.26
Min
0.70

LOGI’s Current Ratio of 2.35 is in the upper quartile for the Technology Hardware, Storage & Peripherals industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

GRMN vs. LOGI: A comparison of their Current Ratio (MRQ) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Debt-to-Equity Ratio (MRQ)

GRMN

0.00

Household Durables Industry

Max
1.84
Q3
0.90
Median
0.34
Q1
0.19
Min
0.00

Falling into the lower quartile for the Household Durables industry, GRMN’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

LOGI

0.00

Technology Hardware, Storage & Peripherals Industry

Max
1.47
Q3
0.93
Median
0.32
Q1
0.19
Min
0.00

Falling into the lower quartile for the Technology Hardware, Storage & Peripherals industry, LOGI’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

GRMN vs. LOGI: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Interest Coverage Ratio (TTM)

GRMN

73.26

Household Durables Industry

Max
140.40
Q3
77.14
Median
24.53
Q1
5.69
Min
-17.01

GRMN’s Interest Coverage Ratio of 73.26 is positioned comfortably within the norm for the Household Durables industry, indicating a standard and healthy capacity to cover its interest payments.

LOGI

204.63

Technology Hardware, Storage & Peripherals Industry

Max
204.63
Q3
90.22
Median
21.70
Q1
6.79
Min
-23.93

LOGI’s Interest Coverage Ratio of 204.63 is in the upper quartile for the Technology Hardware, Storage & Peripherals industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

GRMN vs. LOGI: A comparison of their Interest Coverage Ratio (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Financial Strength at a Glance

SymbolGRMNLOGI
Current Ratio (MRQ)3.012.35
Quick Ratio (MRQ)1.881.82
Debt-to-Equity Ratio (MRQ)0.000.00
Interest Coverage Ratio (TTM)73.26204.63

Growth

Revenue Growth

GRMN vs. LOGI: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

GRMN vs. LOGI: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

GRMN

1.36%

Household Durables Industry

Max
8.95%
Q3
4.19%
Median
1.88%
Q1
0.03%
Min
0.00%

GRMN’s Dividend Yield of 1.36% is consistent with its peers in the Household Durables industry, providing a dividend return that is standard for its sector.

LOGI

1.39%

Technology Hardware, Storage & Peripherals Industry

Max
4.50%
Q3
3.66%
Median
1.90%
Q1
0.00%
Min
0.00%

LOGI’s Dividend Yield of 1.39% is consistent with its peers in the Technology Hardware, Storage & Peripherals industry, providing a dividend return that is standard for its sector.

GRMN vs. LOGI: A comparison of their Dividend Yield (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Dividend Payout Ratio (TTM)

GRMN

38.63%

Household Durables Industry

Max
125.12%
Q3
62.43%
Median
39.18%
Q1
5.55%
Min
0.00%

GRMN’s Dividend Payout Ratio of 38.63% is within the typical range for the Household Durables industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

LOGI

142.87%

Technology Hardware, Storage & Peripherals Industry

Max
142.87%
Q3
66.07%
Median
42.79%
Q1
0.00%
Min
0.00%

LOGI’s Dividend Payout Ratio of 142.87% is in the upper quartile for the Technology Hardware, Storage & Peripherals industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

GRMN vs. LOGI: A comparison of their Dividend Payout Ratio (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Dividend at a Glance

SymbolGRMNLOGI
Dividend Yield (TTM)1.36%1.39%
Dividend Payout Ratio (TTM)38.63%142.87%

Valuation

Price-to-Earnings Ratio (TTM)

GRMN

28.32

Household Durables Industry

Max
29.75
Q3
18.88
Median
13.25
Q1
9.26
Min
6.32

A P/E Ratio of 28.32 places GRMN in the upper quartile for the Household Durables industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

LOGI

23.67

Technology Hardware, Storage & Peripherals Industry

Max
43.16
Q3
27.56
Median
17.85
Q1
12.48
Min
6.21

LOGI’s P/E Ratio of 23.67 is within the middle range for the Technology Hardware, Storage & Peripherals industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

GRMN vs. LOGI: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Price-to-Sales Ratio (TTM)

GRMN

6.57

Household Durables Industry

Max
2.12
Q3
1.21
Median
0.83
Q1
0.51
Min
0.18

With a P/S Ratio of 6.57, GRMN trades at a valuation that eclipses even the highest in the Household Durables industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

LOGI

3.28

Technology Hardware, Storage & Peripherals Industry

Max
4.27
Q3
1.99
Median
0.93
Q1
0.45
Min
0.04

LOGI’s P/S Ratio of 3.28 is in the upper echelon for the Technology Hardware, Storage & Peripherals industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

GRMN vs. LOGI: A comparison of their Price-to-Sales Ratio (TTM) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Price-to-Book Ratio (MRQ)

GRMN

4.95

Household Durables Industry

Max
4.21
Q3
2.29
Median
1.34
Q1
0.98
Min
0.59

At 4.95, GRMN’s P/B Ratio is at an extreme premium to the Household Durables industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

LOGI

7.31

Technology Hardware, Storage & Peripherals Industry

Max
12.51
Q3
6.11
Median
1.73
Q1
1.01
Min
0.31

LOGI’s P/B Ratio of 7.31 is in the upper tier for the Technology Hardware, Storage & Peripherals industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

GRMN vs. LOGI: A comparison of their Price-to-Book Ratio (MRQ) against their respective Household Durables and Technology Hardware, Storage & Peripherals industry benchmarks.

Valuation at a Glance

SymbolGRMNLOGI
Price-to-Earnings Ratio (TTM)28.3223.67
Price-to-Sales Ratio (TTM)6.573.28
Price-to-Book Ratio (MRQ)4.957.31
Price-to-Free Cash Flow Ratio (TTM)39.4219.01