Logitech InternationalMEX:LOGIN 82 Return-on-Tangible-Equity is 32.00% as of Mar. 2026, which is 15% below its 10-year median of 37.58. GuruFocus rates MEX:LOGIN with a GF Score™ of 82/100 and a GF Value™ of MXN1,860.00. The stock has 3 warning signs investors should review. Among 2,378 Hardware companies, Logitech International ranks better than 94.58% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Logitech International's annualized net income for the quarter that ended in Mar. 2026 was MXN10,348 Mil. Logitech International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN32,333 Mil. Therefore, Logitech International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 32.00%.
The historical rank and industry rank for Logitech International's Return-on-Tangible-Equity or its related term are showing as below:
MEX:LOGIN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20.17 Med: 37.58 Max: 69.94
Current: 40.84
During the past 13 years, Logitech International's highest Return-on-Tangible-Equity was 69.94%. The lowest was 20.17%. And the median was 37.58%.
MEX:LOGIN's Return-on-Tangible-Equity is ranked better than 94.58% of 2378
companies
in the Hardware industry
Industry Median: 5.25
vs MEX:LOGIN: 40.84
Logitech International (MEX:LOGIN) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Logitech International Return-on-Tangible-Equity Related Terms
Logitech International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Logitech International's Return-on-Tangible-Equity 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.
Logitech International Return-on-Tangible-Equity Chart
MEX:LOGIN vs DELL, SNDK, ANET: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Logitech International's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Logitech International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Logitech International's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 32.00% mean?
Logitech International (MEX:LOGIN) has a Return-on-Tangible-Equity of 32.00% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Logitech International and its competitors. This is 15% below median its historical median of 37.58. Over the past decade, Logitech International's Return-on-Tangible-Equity has ranged from 20.17 to 69.94. According to the industry distribution chart, Logitech International ranks #129 out of 2378 companies in the Hardware industry, placing it in the top 5.4%.
Is Logitech International's Return-on-Tangible-Equity too high?
Logitech International's current Return-on-Tangible-Equity of 32.00% is 15% below median its 10-year median of 37.58. Over the past 10 years, this metric has ranged from a low of 20.17 to a high of 69.94. The Hardware industry median Return-on-Tangible-Equity is 5.25. Logitech International's value of 32.00% is 509.5% above this industry median. Based on the distribution chart, Logitech International ranks #129 out of 2378 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Logitech International has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Logitech International's Return-on-Tangible-Equity compare to DELL and SNDK?
According to the Hardware industry distribution chart, Logitech International ranks #129 out of 2378 companies for Return-on-Tangible-Equity. This places Logitech International in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.25. Logitech International's value of 32.00% is 509.5% above this benchmark. Historically, Logitech International's own Return-on-Tangible-Equity has ranged from 20.17 to 69.94 over the past decade. While the company's 10-year median is 37.58 vs. the industry median of 5.25, Logitech International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.25, based on 2,378 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Logitech International's current Return-on-Tangible-Equity of 32.00% is 509.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Logitech International and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logitech International's current Return-on-Tangible-Equity is 32.00%, which is 15% below median its own 10-year median of 37.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logitech International stock overvalued right now?
Logitech International (MEX:LOGIN) has a current Return-on-Tangible-Equity of 32.00%. The stock's GF Value™ is MXN1,860.00, compared to a current price of MXN2,010.00 — trading 8.1% above its estimated fair value. The current Return-on-Tangible-Equity is 32.00%, which is 15% below median its 10-year median of 37.58 and 509.5% above the Hardware industry median of 5.25. Logitech International's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Logitech International (MEX:LOGIN), the current Return-on-Tangible-Equity is 32.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Logitech International (MEX:LOGIN) Overvalued in 2026?
Based on GuruFocus' analysis, Logitech International stock appears to be overvalued.
The current stock price of MXN2,010.00 is trading 8.1% above its estimated GF Value™ of MXN1,860.00.
Key valuation signals for MEX:LOGIN:
Return-on-Tangible-Equity: 32.00% (15% below median its 10-year median of 37.58)
GF Value™: MXN1,860.00 vs. price of MXN2,010.00 (8.1% above fair value)
Industry Position: 509.5% above the Hardware median (#129 of 2378)
No single metric tells the full story. See the MEX:LOGIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 like wireless speakers.
82GF Score
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