LOGI
Logitech International S.A.$112.93
LiveJun 05, 2026
Market cap
$16.21B
52w range
83.32 – 129.66
P / E
—
EPS · FY 2026
$4.80
Volume
896.95K
Revenue · FY 2026
$4.86B
Explain this page
Arphra AIPlain-English read on Logitech International S.A.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Quality composite
A+Top tier
A snapshot of the latest fiscal year’s margins, returns on capital, balance-sheet strength and efficiency, computed from the income statement, balance sheet and cash-flow rows. Source income / balance / cash_flow.
Profitability
Gross margin43.1%
Operating margin16.2%
Net margin14.7%
ROE32.1%
ROA18.5%
ROIC120.9%
Liquidity & leverage
Current ratio2.22×
Quick ratio1.85×
Debt / equity0.04×
Net debt / EBITDA-1.92×
Interest coverage—
Efficiency & per-share
Asset turnover1.26×
Inventory days65
Days sales out.38
FCF / share$6.58
Book value / share$15.00
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| Headline | |||||
| Market cap | $13.37B | — | — | — | — |
| Enterprise value | $11.71B | — | — | — | — |
| Multiples | |||||
| P / E | — | — | — | — | — |
| P / B | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — |
| EV / Sales | 2.41 | — | — | — | — |
| EV / FCF | 12.00 | — | — | — | — |
| Yields | |||||
| Earnings yield | +5.34% | — | — | — | — |
| Free cash flow yield | +7.30% | — | — | — | — |
| Dividend yield | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| Margins | |||||
| Gross margin | +43.07% | +44.26% | +43.23% | +43.86% | +43.29% |
| Operating margin | +16.22% | +16.39% | +16.45% | +15.81% | +15.77% |
| EBITDA margin | +17.82% | +18.07% | +18.19% | +17.37% | +17.54% |
| EBIT margin | +16.22% | +15.75% | +16.43% | +15.81% | +16.56% |
| Pre-tax margin | +17.07% | +17.06% | +16.74% | +16.96% | +17.51% |
| Net margin | +14.69% | +15.01% | +14.83% | +14.89% | +14.79% |
| Cost structure | |||||
| Cost of revenue / sales | +56.93% | +57.79% | +55.75% | +57.32% | +55.65% |
| R&D intensity | +6.50% | +6.47% | +6.66% | +6.38% | +6.36% |
| SG&A intensity | +20.24% | +20.26% | +20.51% | +20.18% | +20.45% |
| Effective tax rate | +13.95% | +13.72% | +14.04% | +13.76% | +13.40% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| Returns | |||||
| Return on equity (ROE) | +32.12% | +31.90% | +32.93% | +32.34% | +33.32% |
| Return on assets (ROA) | +18.46% | +19.19% | +18.85% | +18.48% | +18.77% |
| Return on capital (ROC) | +34.10% | +33.49% | +35.07% | +33.06% | +34.14% |
| Return on invested capital (ROIC) | +30.89% | +30.68% | +31.62% | +31.13% | +32.01% |
| Asset turnover | +125.64% | +127.84% | +127.15% | +124.11% | +126.94% |
| DuPont · ROE decomposition | |||||
| Net margin | +14.69% | +15.01% | +14.83% | +14.89% | +14.79% |
| Asset turnover (× revenue / assets) | +125.64% | +127.84% | +127.15% | +124.11% | +126.94% |
| Equity multiplier (× assets / equity) | +174.03% | +166.23% | +174.66% | +175.02% | +177.50% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| Turnover | |||||
| Asset turnover | 1.26 | 1.28 | 1.27 | 1.24 | 1.27 |
| Fixed-asset turnover | 41.52 | — | — | — | — |
| Inventory turnover | 5.62 | — | — | — | — |
| Receivables turnover | 9.56 | — | — | — | — |
| Payables turnover | 5.18 | — | — | — | — |
| Days outstanding | |||||
| Days sales outstanding (DSO) | 38.19 | — | — | — | — |
| Days inventory outstanding (DIO) | 64.97 | — | — | — | — |
| Days payables outstanding (DPO) | 70.41 | — | — | — | — |
| Cash conversion cycle | 32.74 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| Operating CF / Net income | 1.45 | 1.45 | 1.42 | 1.41 | 1.44 |
| FCF / Net income | 1.37 | 1.36 | 1.32 | 1.33 | 1.37 |
| FCF margin | +20.07% | +20.41% | +19.60% | +19.84% | +20.24% |
| OCF margin | +21.33% | +21.71% | +20.99% | +21.07% | +21.27% |
| CapEx / Revenue | +1.27% | +1.28% | +1.29% | +1.24% | +1.23% |
| CapEx / D&A | 0.79 | — | — | — | — |
| Stock-based comp / Revenue | +2.31% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| EPS · diluted | 4.80 | 5.76 | 6.24 | 6.61 | 8.59 |
| EPS · basic | 4.85 | 5.75 | 6.30 | 6.69 | 8.57 |
| Book value / share | 15.00 | 16.02 | 15.92 | 17.22 | 17.44 |
| Tangible BV / share | 11.76 | 16.02 | 15.92 | 17.22 | 17.44 |
| Sales / share | 32.80 | 34.04 | 35.36 | 37.40 | 39.29 |
| Operating CF / share | 7.00 | 7.39 | 7.42 | 7.88 | 8.36 |
| Free cash flow / share | 6.58 | 6.95 | 6.93 | 7.42 | 7.95 |
| Dividends / share | 1.58 | 1.64 | 1.68 | 1.79 | 1.86 |
| Payout ratio | +32.77% | +32.03% | +31.95% | +32.07% | +32.07% |
| Retention ratio | +67.23% | +67.97% | +68.05% | +67.93% | +67.93% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E | 4y CAGR |
|---|---|---|---|---|---|---|
| Top-line | ||||||
| Revenue · YoY | — | +3.51% | +4.62% | +4.45% | +5.49% | +4.51% |
| Gross profit · YoY | — | +6.36% | +2.20% | +5.96% | +4.13% | +4.65% |
| Profit | ||||||
| Operating income · YoY | — | +4.59% | +5.01% | +0.38% | +5.23% | +3.79% |
| EBITDA · YoY | — | +4.96% | +5.36% | -0.27% | +6.52% | +4.11% |
| Net income · YoY | — | +5.78% | +3.34% | +4.86% | +4.77% | +4.68% |
| Operating | ||||||
| EBIT · YoY | — | +0.55% | +9.10% | +0.50% | +10.53% | +5.06% |
| R&D · YoY | — | +2.90% | +7.75% | +0.11% | +5.14% | +3.94% |
| Per-share | ||||||
| EPS · diluted · YoY | — | +20.08% | +8.19% | +6.02% | +29.93% | +15.66% |
| EPS · basic · YoY | — | +18.55% | +9.55% | +6.20% | +28.08% | +15.29% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|
| Leverage | |||||
| Total debt | $88.64M | $94.46M | $98.55M | $98.28M | $105.11M |
| Net debt | -$1.66B | -$1.71B | -$1.75B | -$1.94B | -$1.94B |
| Net debt / EBITDA | -1.92 | -1.88 | -1.83 | -2.03 | -1.90 |
| Debt / equity | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Debt / assets | +2.29% | +2.40% | +2.38% | +2.22% | +2.30% |
| Equity / assets | +57.46% | +60.16% | +57.26% | +57.14% | +56.34% |
| Coverage | |||||
| EBITDA / interest expense | — | — | — | — | — |
| Operating income / interest | — | — | — | — | — |
| Interest expense | $0 | $0 | $0 | $0 | $0 |
| Liquidity | |||||
| Current ratio | 2.22 | — | — | — | — |
| Quick ratio | 1.71 | — | — | — | — |
| Cash ratio | 1.33 | — | — | — | — |
| Working capital | $1.61B | — | — | — | — |
| Working capital / revenue | +33.14% | — | — | — | — |
Historical multiples · μ ± σ bands
3 fiscal-year-end observations from key_metrics. Mean is dashed; light-green band is ±1σ, light-red band ±2σ. The dot marks the most recent value; the cheap / fair / rich verdict uses z-score against the issuer's own history (yields inverted — a high yield is cheap).
EV / Salesfair · z -0.89
μ 2.6 · σ 0.2 · current 2.4
EV / FCFfair · z -0.51
μ 12.7 · σ 1.3 · current 12.0
Earnings yieldcheap · z 1.14
μ 4.9% · σ 0.4% · current 5.3%
FCF yieldfair · z 0.32
μ 7.1% · σ 0.7% · current 7.3%
Sourced from key_metrics + financial_ratios (loaded by load_fundamentals_extended.py).
Valuation
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| P / E | — | — | — |
| P / B | — | — | — |
| EV / EBITDA | — | — | — |
| EV / Sales | 2.41x | 2.49x | 2.92x |
| Earnings yield | 5.3% | 4.9% | 4.4% |
| FCF yield | 7.3% | 6.2% | 7.8% |
Returns
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Gross margin | — | — | — |
| Operating margin | — | — | — |
| Net margin | — | — | — |
| ROE | 32.1% | 29.7% | 27.4% |
| ROA | 18.5% | 17.8% | 17.0% |
| ROIC | 26.4% | 23.8% | 22.8% |
Leverage & liquidity
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Debt / equity | — | — | — |
| Net debt / EBITDA | -1.92 | -1.89 | -2.12 |
| Interest coverage | — | — | — |
| Current ratio | 2.22x | 2.35x | 2.42x |
| Quick ratio | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).