Company Valuation: Logitech International S.A.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 17,769 12,491 9,327 13,882 12,477 13,206 - -
Change - -29.7% -25.33% 48.84% -10.12% 5.85% - -
Enterprise Value (EV) 1 16,019 11,162 8,178 12,361 10,974 11,552 11,409 11,239
Change - -30.32% -26.74% 51.15% -11.23% 5.27% -1.24% -1.49%
P/E ratio 19.1x 19.9x 26.1x 23.2x 20.2x 19x 18.8x 16.9x
PBR 7.83x 5.16x 4.11x 6.18x 4.81x 5.44x 4.87x 4.34x
PEG - -0.6x -0.6x 0.3x 3.01x 1.3x 13.42x 1.5x
Capitalization / Revenue 3.38x 2.28x 2.05x 3.23x 2.74x 2.73x 2.69x 2.55x
EV / Revenue 3.05x 2.04x 1.8x 2.88x 2.41x 2.39x 2.32x 2.17x
EV / EBITDA 12.1x 11.2x 12.3x 16.2x 13.2x 13.5x 13.1x 11.9x
EV / EBIT 12.6x 12.3x 13.9x 17.7x 14.2x 12.7x 12.9x 12x
EV / FCF 11.6x 53.4x 18.5x 11.3x 14x 13.8x 13.5x 12.6x
FCF Yield 8.63% 1.87% 5.4% 8.81% 7.17% 7.26% 7.39% 7.93%
Dividend per Share 2 0.87 0.9715 1.16 1.28 1.43 1.568 1.603 1.719
Rate of return 0.83% 1.29% 1.99% 1.43% 1.71% 1.74% 1.78% 1.91%
EPS 2 5.51 3.78 2.23 3.87 4.13 4.738 4.804 5.345
Distribution rate 15.8% 25.7% 52% 33.1% 34.6% 33.1% 33.4% 32.2%
Net sales 1 5,252 5,481 4,539 4,298 4,555 4,837 4,916 5,184
EBITDA 1 1,323 992.5 664.8 762.4 834.3 858.7 871.3 942.6
EBIT 1 1,272 904.1 588.5 699.3 774.6 906.7 885.5 939.3
Net income 1 947.3 644.5 364.6 612.1 631.5 702.7 708.4 766.9
Net Debt 1 -1,750 -1,329 -1,149 -1,521 -1,503 -1,654 -1,798 -1,968
Reference price 2 105.19 75.14 58.18 89.67 83.62 90.09 90.09 90.09
Nbr of stocks (in thousands) 168,921 166,228 160,304 154,820 149,200 146,589 - -
Announcement Date 4/29/21 5/3/22 5/2/23 4/30/24 4/29/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.85x2.38x13.4x1.75% 13.16B
17.59x1.05x9.58x1.42% 97.1B
31.36x7.39x21.31x0.79% 82.29B
27.71x1.09x6.54x2.65% 28.53B
36.83x4.9x22.55x1.01% 22.15B
50.92x - - 0.32% 18B
7.89x0.41x5.26x6.21% 17.69B
9.05x0.15x3x4.45% 14.63B
21.97x0.58x19.09x1.52% 13B
14.44x0.26x6.17x3.81% 12.81B
Average 23.66x 2.02x 11.88x 2.39% 31.94B
Weighted average by Cap. 24.43x 2.99x 13.31x 1.79%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. LOGN Stock
  4. Valuation Logitech International S.A.