Logitech International S.A. Ordinary Shares (LOGI)

FairStock Score: 74/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for understandable businesses with durable economics and a price that leaves room for error. Logitech is understandable: it sells software-enabled hardware such as mice, keyboards, gaming gear, and conference cameras to workers, creators, and gamers. Its balance sheet is a strength. Debt-to-equity is 0.04, Altman Z is 7.54, Piotroski is 7/9, and trailing free cash flow is $1.0B, a 6.9% FCF yield at the 2026-10-13 close. Returns are good, with ROE 35.29% and ROCE 14.21%. In fiscal 2026, the year ended 2026-03-31, revenue was $4.8B, net income $711.2M, and diluted EPS $4.80, compared with fiscal 2025, the year ended 2025-03-31, when revenue was $4.6B, net income $631.5M, and diluted EPS $4.13. The latest filed quarter, fiscal Q1 2027 ended 2026-06-30, showed $1.2B revenue, $235.7M net income, and $1.63 EPS. That is encouraging, but one quarter does not erase a five-year pattern. FairStock's Lynch rule calls it a SLOW GROWER — Shrinking, with profit -5.6% a year over five years and revenue -1.6%. The moat is brand and ecosystem, but hardware remains competitive. At $102.77, FairStock's P/E is 18.86, P/B 6.27, PEG 0.31, EV/EBITDA 13.64, and Graham Number $44.82, giving a -129.29% margin of safety. The FairStock Score of 74/100 suggests more strengths than weaknesses, but not a bargain. A 1.68% dividend and 0.65 beta are pleasant, but Graham would demand a wider discount. Quality is real; the price already assumes better days.

In plain English: Logitech designs and sells computer accessories such as mice, keyboards, gaming headsets, and video-conferencing gear. The business looks financially strong, with good profits, very little debt, and substantial cash generation, but its longer-term sales and profit record has been uneven. At the recent price of $102.77, the shares look more expensive than the company's book value, though cash flow and earnings make the picture mixed.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-06-30) · fiscal Q3 2026 10-Q (period ended 2025-12-31) · fiscal Q2 2026 10-Q (period ended 2025-09-30) · fiscal Q1 2026 10-Q (period ended 2025-06-30) · FY2026 10-K (period ended 2026-03-31) · FY2025 10-K (period ended 2025-03-31) · FY2024 10-K (period ended 2024-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer