Financials Logitech International S.A.

Equities

LOGN

CH0025751329

Computer Hardware

Market Closed - Swiss Exchange 11:31:30 2024-04-26 EDT 5-day change 1st Jan Change
72.66 CHF +0.67% Intraday chart for Logitech International S.A. +2.37% -8.90%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,497 7,277 17,738 12,457 9,293 12,298 - -
Enterprise Value (EV) 1 5,893 6,562 15,988 11,129 8,144 10,918 10,777 10,604
P/E ratio 25.8 x 16.4 x 19.1 x 19.8 x 26 x 24.2 x 23.5 x 20.5 x
Yield 1.76% 1.7% 0.83% 1.3% 2% 1.44% 1.52% 1.72%
Capitalization / Revenue 2.33 x 2.45 x 3.38 x 2.27 x 2.05 x 2.9 x 2.81 x 2.66 x
EV / Revenue 2.11 x 2.21 x 3.04 x 2.03 x 1.79 x 2.57 x 2.46 x 2.3 x
EV / EBITDA 14.9 x 15.3 x 12.1 x 11.2 x 12.2 x 15.6 x 14.4 x 12.9 x
EV / FCF 21.9 x 17 x 11.6 x 53.2 x 18.4 x 13.7 x 19.4 x 17.4 x
FCF Yield 4.57% 5.88% 8.65% 1.88% 5.42% 7.3% 5.16% 5.74%
Price to Book 5.55 x 4.9 x 7.82 x 5.15 x 4.09 x 5.62 x 5.2 x 4.8 x
Nbr of stocks (in thousands) 165,752 167,305 168,921 166,228 160,304 154,820 - -
Reference price 2 39.20 43.50 105.0 74.94 57.97 79.43 79.43 79.43
Announcement Date 19-04-30 20-05-12 21-04-29 22-05-03 23-05-02 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,788 2,976 5,252 5,481 4,539 4,245 4,373 4,616
EBITDA 1 395.9 430 1,323 992.5 664.8 701.2 748.9 821.4
EBIT 1 352.4 387.1 1,272 904.1 588.5 625.5 660.5 747.7
Operating Margin 12.64% 13.01% 24.22% 16.5% 12.97% 14.74% 15.1% 16.2%
Earnings before Tax (EBT) 1 271.1 324.3 1,148 775.8 463.5 574.6 626.6 709.9
Net income 1 257.6 449.7 947.3 644.5 364.6 523.2 521.3 582.5
Net margin 9.24% 15.11% 18.04% 11.76% 8.03% 12.32% 11.92% 12.62%
EPS 2 1.520 2.660 5.510 3.780 2.230 3.281 3.375 3.884
Free Cash Flow 1 269.3 385.5 1,382 209.2 441.7 796.8 556.1 608.5
FCF margin 9.66% 12.95% 26.32% 3.82% 9.73% 18.77% 12.72% 13.18%
FCF Conversion (EBITDA) 68.02% 89.66% 104.5% 21.08% 66.43% 113.64% 74.26% 74.09%
FCF Conversion (Net income) 104.53% 85.72% 145.94% 32.45% 121.14% 152.31% 106.68% 104.47%
Dividend per Share 2 0.6900 0.7400 0.8700 0.9715 1.160 1.146 1.210 1.363
Announcement Date 19-04-30 20-05-12 21-04-29 22-05-03 23-05-02 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 1,306 1,633 1,230 1,160 1,149 1,270 960.1 974.5 1,057 1,255 957 995 1,107 1,318 951.8
EBITDA 1 234.5 323.9 179.1 164.2 175.1 223.6 101.9 126.8 199.9 263 130.9 140.4 200.2 259.8 -
EBIT 1 211.5 302 156.1 145.6 156.5 204.2 82.29 109.3 183.2 248.2 104.6 127.1 175.3 239.9 130.5
Operating Margin 16.19% 18.49% 12.69% 12.55% 13.62% 16.08% 8.57% 11.21% 17.33% 19.77% 10.93% 12.78% 15.83% 18.2% 13.71%
Earnings before Tax (EBT) 1 172.9 259.4 131.7 122.6 105.5 182.8 52.69 75.26 167.5 235.1 102.6 121.4 165.5 217.5 121.9
Net income 1 139.5 210 108.2 100.8 82.09 140.2 41.5 62.73 137.1 244.7 95.81 91.15 137.3 179.3 94.8
Net margin 10.68% 12.86% 8.8% 8.69% 7.14% 11.04% 4.32% 6.44% 12.97% 19.49% 10.01% 9.16% 12.4% 13.6% 9.96%
EPS 2 0.8100 1.240 0.6400 0.6100 0.5000 0.8600 0.2600 0.3900 0.8600 1.550 0.5322 0.6049 0.8964 1.276 -
Dividend per Share 0.9500 - - - - - - - 1.178 - - 1.150 - - -
Announcement Date 21-10-26 22-01-25 22-05-03 22-07-26 22-10-25 23-01-24 23-05-02 23-07-25 23-10-24 24-01-22 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 605 716 1,750 1,329 1,149 1,380 1,521 1,694
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 269 386 1,382 209 442 797 556 609
ROE (net income / shareholders' equity) 23.1% 27.4% 58.8% 33.8% 22.6% 25.5% 24.8% 26.4%
ROA (Net income/ Total Assets) 13.7% 16.6% 33.9% 19.3% 13.9% 15% 14.6% 16.2%
Assets 1 1,884 2,705 2,794 3,342 2,629 3,487 3,580 3,597
Book Value Per Share 2 7.060 8.870 13.40 14.60 14.20 14.10 15.30 16.50
Cash Flow per Share 2 1.810 2.510 8.490 1.750 3.260 5.440 4.530 4.680
Capex 1 35.9 39.5 76.2 89.2 92.4 71.2 85.9 89.7
Capex / Sales 1.29% 1.33% 1.45% 1.63% 2.03% 1.68% 1.96% 1.94%
Announcement Date 19-04-30 20-05-12 21-04-29 22-05-03 23-05-02 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
79.43 USD
Average target price
85.21 USD
Spread / Average Target
+7.27%
Consensus
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  4. Financials Logitech International S.A.