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Swiss-domiciled maker of computer peripherals - mice, keyboards, webcams and gaming/video conferencing gear.
Swiss-domiciled maker of computer peripherals - mice, keyboards, webcams and gaming/video conferencing gear.
Designs its products in-house and has contract makers build them, selling mostly through retailers, online marketplaces and distributors, with a smaller direct web-store business. Meeting-room video hardware is sold to companies through IT resellers.
In one line: A Swiss-domiciled Corsair/Razer hybrid, larger and more diversified.
Moat: narrow (brand, distribution, scale). Strong consumer electronics brand and retail distribution in a competitive, low-differentiation peripherals market.
Headquarters: Lausanne, Switzerland · Founded: 1981 · Employees: 7,300
Size Logitech International (LOGN.SW) is a Switzerland Information Technology company (Computer Peripherals) with a market value of $13.2B, the 31st largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 78.92 on 6 Nov 2026.
Performance Over six months the shares fell 1.3%, against +8.0% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 8th lowest of 19 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +8.4%); the operating margin is 18.0% (peer median 10.6%).
Valuation It trades at 16.8× forward earnings against a peer median of 13.8× (8th most expensive of 16).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 85.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 25 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CHF 3.95B | CHF 3.89B | CHF 4.04B | CHF 3.81B | CHF 4.34B |
| Revenue growth | — | -4% | +6% | -12% | — |
| Gross profit | CHF 1.74B | CHF 1.63B | CHF 1.67B | CHF 1.51B | CHF 1.55B |
| EBITDA | CHF 769M | CHF 703M | CHF 657M | CHF 606M | CHF 559M |
| Net income | CHF 646M | CHF 571M | CHF 560M | CHF 543M | CHF 348M |
| Free cash flow | CHF 761M | CHF 783M | CHF 697M | CHF 966M | CHF 422M |
| Capital expenditure | CHF 48.0M | CHF 49.4M | CHF 49.8M | CHF 49.6M | CHF 88.2M |
| Total debt | CHF 85.5M | CHF 70.8M | CHF 81.8M | CHF 69.4M | CHF 64.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Logitech International LOGN.SW | $13.2B | -1% | -1% | 18% | 16.8× | -5.7% |
| Corsair Gaming CRSR | $1.28B | +63% | +3% | 3% | 16.1× | 24.3% |
| HP Inc. HPQ | $25.7B | +27% | +9% | 7% | 9.5× | -7.0% |
| GN Store Nord A/S GN.CO | $2.70B | +30% | -26% | 3% | n/a | 18.5% |
| Yealink Network Technology 300628.SZ | $7.50B | +8% | +17% | 46% | 16.2× | 4.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LOGN.SW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.2% | -20.7% | 6th highest of 19 |
| 6-month return | -1.3% | +8.0% | 8th lowest of 19 |
| Distance from 52-week high | -23.2% | -34.3% | 5th highest of 19 |
| Revenue growth (TTM) | -0.9% | +8.4% | 4th lowest of 19 |
| Operating margin | 18.0% | 10.6% | 6th highest of 19 |
| Forward P/E | 16.8× | 13.8× | 8th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | -5.7% | 15.2% | 2nd least demanding of 10 |
| Growth delivered (Del g) | -4.3% | +13.8% | lowest of 10 |
| Hurdle (Req g minus delivered) | -1.4 pp | +1.9 pp | 5th least demanding of 10 |
| ROIC minus cost of capital | +85.2 pp | +5.7 pp | highest of 18 |
| EV / EBITDA | 12.5× | 12.4× | 6th cheapest of 11 |
| Net debt / EBITDA | -1.5× | -0.7× | 3rd least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Logitech International LOGN.SW | Switzerland | $13.2B | -1% | -1% | 18% | 16.8× | -5.7% | -4.3% |
| Lite-on Technology 2301.TW | Taiwan | $13.2B | +16% | +24% | 13% | 13.8× | n/a | n/a |
| Unisplendour 000938.SZ | China | $10.4B | -24% | +25% | 3% | 21.8× | n/a | n/a |
| Biwin Storage Technology 688525.SS | China | $8.99B | -52% | +221% | 41% | 5.0× | n/a | n/a |
| Hubei Dinglong 300054.SZ | China | $8.79B | -2% | +7% | 30% | 51.4× | 32.2% | +15.0% |
| Jentech Precision Industrial 3653.TW | Taiwan | $23.1B | +9% | +28% | 33% | 48.3× | 32.5% | +24.3% |
| Everdisplay Optronics (Shanghai) 688538.SS | China | $6.72B | -9% | -2% | -31% | n/a | n/a | n/a |
| Brother Industries 6448.T | Japan | $6.52B | +39% | +7% | 13% | 10.5× | -6.3% | +7.2% |
| Shenzhen Kaifa Technology 000021.SZ | China | $6.13B | -11% | +14% | 11% | 29.2× | n/a | n/a |
| Canon 7751.T | Japan | $28.4B | +18% | +4% | 10% | 12.2× | -0.6% | +7.9% |
| AUO 2409.TW | Taiwan | $6.02B | +49% | -1% | -2% | n/a | n/a | n/a |
| Gigabyte Technology 2376.TW | Taiwan | $6.01B | +7% | +38% | 5% | 8.1× | n/a | n/a |
| Everpure P | United States | $32.2B | +24% | +27% | 5% | 29.6× | 58.7% | +16.8% |
| Seiko Epson 6724.T | Japan | $5.39B | +27% | +8% | 6% | 11.9× | 0.8% | +7.2% |
| NetApp NTAP | United States | $33.2B | +43% | +12% | 26% | 17.0× | 15.2% | +3.8% |
| E Ink 8069.TWO | Taiwan | $4.98B | +2% | -3% | 29% | 12.4× | -0.3% | +18.6% |
| Sichuan Changhong Electric 600839.SS | China | $3.55B | -41% | +4% | 0% | n/a | n/a | n/a |
| Hangzhou EZVIZ Network 688475.SS | China | $3.53B | -4% | +8% | 12% | 30.1× | 15.7% | +13.8% |
| Micro-Star International 2377.TW | Taiwan | $3.50B | +43% | +1% | 5% | 11.6× | n/a | n/a |