Logitech International Current Valuation vs. Return On Asset
| LOGN Stock | CHF 71.02 0.76 1.08% |
For Logitech International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Logitech International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Logitech International SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Logitech International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Logitech International SA over time as well as its relative position and ranking within its peers.
Logitech |
Logitech International Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Logitech International's current stock value. Our valuation model uses many indicators to compare Logitech International value to that of its competitors to determine the firm's financial worth. Logitech International SA is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Logitech International SA is about 95,767,462,525 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Logitech International's earnings, one of the primary drivers of an investment's value.Logitech Current Valuation vs. Competition
Logitech International SA is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Computer Hardware industry is now estimated at about 189.19 Billion. Logitech International holds roughly 8.65 Billion in current valuation claiming about 5% of stocks in Computer Hardware industry.
Logitech Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Logitech International |
| = | 8.65 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Logitech International |
| = | 0.0903 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Logitech Return On Asset Comparison
Logitech International is currently under evaluation in return on asset category among its peers.
Logitech International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Logitech International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Logitech International will eventually generate negative long term returns. The profitability progress is the general direction of Logitech International's change in net profit over the period of time. It can combine multiple indicators of Logitech International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to digital and cloud experiences worldwide. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland. LOGITECH N operates under Computer Hardware classification in Switzerland and is traded on Switzerland Exchange. It employs 8200 people.
Logitech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Logitech International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Logitech International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Logitech International's important profitability drivers and their relationship over time.
Use Logitech International in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Logitech International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Logitech International will appreciate offsetting losses from the drop in the long position's value.Logitech International Pair Trading
Logitech International SA Pair Trading Analysis
The ability to find closely correlated positions to Logitech International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Logitech International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Logitech International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Logitech International SA to buy it.
The correlation of Logitech International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Logitech International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Logitech International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Logitech International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Logitech International position
In addition to having Logitech International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
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Additional Tools for Logitech Stock Analysis
When running Logitech International's price analysis, check to measure Logitech International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Logitech International is operating at the current time. Most of Logitech International's value examination focuses on studying past and present price action to predict the probability of Logitech International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logitech International's price. Additionally, you may evaluate how the addition of Logitech International to your portfolios can decrease your overall portfolio volatility.