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Logitech International (XSWX:LOGN) Cyclically Adjusted Price-to-FCF : 27.95 (As of Apr. 29, 2024)


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What is Logitech International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Logitech International's current share price is CHF72.66. Logitech International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was CHF2.60. Logitech International's Cyclically Adjusted Price-to-FCF for today is 27.95.

The historical rank and industry rank for Logitech International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XSWX:LOGN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.52   Med: 29.78   Max: 68.5
Current: 27.98

During the past years, Logitech International's highest Cyclically Adjusted Price-to-FCF was 68.50. The lowest was 5.52. And the median was 29.78.

XSWX:LOGN's Cyclically Adjusted Price-to-FCF is ranked worse than
50.05% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs XSWX:LOGN: 27.98

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Logitech International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was CHF2.373. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is CHF2.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Logitech International's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Logitech International Cyclically Adjusted Price-to-FCF Chart

Logitech International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.22 36.80 54.80 36.66 24.62

Logitech International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.26 24.62 23.16 26.25 30.71

Competitive Comparison of Logitech International's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Logitech International's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Logitech International's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Logitech International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Logitech International's Cyclically Adjusted Price-to-FCF falls into.



Logitech International Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Logitech International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.66/2.6
=27.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Logitech International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Logitech International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.373/106.4611*106.4611
=2.373

Current CPI (Dec. 2023) = 106.4611.

Logitech International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.441 101.224 0.464
201406 0.089 101.517 0.093
201409 0.108 101.247 0.114
201412 0.390 100.704 0.412
201503 0.183 100.339 0.194
201506 -0.228 100.464 -0.242
201509 -0.031 99.785 -0.033
201512 0.883 99.386 0.946
201603 0.167 99.475 0.179
201606 0.052 100.088 0.055
201609 0.401 99.604 0.429
201612 0.861 99.380 0.922
201703 0.236 100.040 0.251
201706 -0.063 100.285 -0.067
201709 0.349 100.254 0.371
201712 1.040 100.213 1.105
201803 0.437 100.836 0.461
201806 0.021 101.435 0.022
201809 0.431 101.246 0.453
201812 0.977 100.906 1.031
201903 0.143 101.571 0.150
201906 0.159 102.044 0.166
201909 0.573 101.396 0.602
201912 0.988 101.063 1.041
202003 0.508 101.048 0.535
202006 0.596 100.743 0.630
202009 1.410 100.585 1.492
202012 2.633 100.241 2.796
202103 2.689 100.800 2.840
202106 -0.736 101.352 -0.773
202109 -0.461 101.533 -0.483
202112 1.954 101.776 2.044
202203 0.409 103.205 0.422
202206 -0.322 104.783 -0.327
202209 0.279 104.835 0.283
202212 1.468 104.666 1.493
202303 1.109 106.245 1.111
202306 1.257 106.576 1.256
202309 1.159 106.570 1.158
202312 2.373 106.461 2.373

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Logitech International  (XSWX:LOGN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Logitech International Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Logitech International's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Logitech International (XSWX:LOGN) Business Description

Industry
Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

Logitech International (XSWX:LOGN) Headlines

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