Logitech InternationalMEX:LOGIN 82 ROC (Joel Greenblatt) % is 293.66% as of Mar. 2026, which is 2% below its 10-year median of 299.25. 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 2,489 Hardware companies, Logitech International ranks better than 98.63% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Logitech International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 293.66%.
The historical rank and industry rank for Logitech International's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:LOGIN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 100.89 Med: 299.25 Max: 922.55
Current: 363.73
During the past 13 years, Logitech International's highest ROC (Joel Greenblatt) % was 922.55%. The lowest was 100.89%. And the median was 299.25%.
MEX:LOGIN's ROC (Joel Greenblatt) % is ranked better than 98.63% of 2489
companies
in the Hardware industry
Industry Median: 10.35
vs MEX:LOGIN: 363.73
Logitech International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.10% per year.
Logitech International (MEX:LOGIN) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Logitech International ROC (Joel Greenblatt) % Related Terms
Logitech International ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Logitech International's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart
MEX:LOGIN vs DELL, SNDK, ANET: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Logitech International's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Logitech International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Logitech International's ROC (Joel Greenblatt) % falls into.
Logitech International ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 293.66% mean?
Logitech International (MEX:LOGIN) has a ROC (Joel Greenblatt) % of 293.66% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Logitech International and its competitors. This is near median its historical median of 299.25. Over the past decade, Logitech International's ROC (Joel Greenblatt) % has ranged from 100.89 to 922.55. According to the industry distribution chart, Logitech International ranks #34 out of 2489 companies in the Hardware industry, placing it in the top 1.4%.
Is Logitech International's ROC (Joel Greenblatt) % too high?
Logitech International's current ROC (Joel Greenblatt) % of 293.66% is near median its 10-year median of 299.25. Over the past 10 years, this metric has ranged from a low of 100.89 to a high of 922.55. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Logitech International's value of 293.66% is 2737.3% above this industry median. Based on the distribution chart, Logitech International ranks #34 out of 2489 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 ROC (Joel Greenblatt) % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Logitech International ranks #34 out of 2489 companies for ROC (Joel Greenblatt) %. This places Logitech International in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.35. Logitech International's value of 293.66% is 2737.3% above this benchmark. Historically, Logitech International's own ROC (Joel Greenblatt) % has ranged from 100.89 to 922.55 over the past decade. While the company's 10-year median is 299.25 vs. the industry median of 10.35, 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 ROC (Joel Greenblatt) % for a Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,489 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Logitech International's current ROC (Joel Greenblatt) % of 293.66% is 2737.3% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Logitech International and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logitech International's current ROC (Joel Greenblatt) % is 293.66%, which is near median its own 10-year median of 299.25. 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 ROC (Joel Greenblatt) % of 293.66%. 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 ROC (Joel Greenblatt) % is 293.66%, which is near median its 10-year median of 299.25 and 2737.3% above the Hardware industry median of 10.35. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Logitech International (MEX:LOGIN), the current ROC (Joel Greenblatt) % is 293.66% 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:
ROC (Joel Greenblatt) %: 293.66% (near median its 10-year median of 299.25)
GF Value™: MXN1,860.00 vs. price of MXN2,010.00 (8.1% above fair value)
Industry Position: 2737.3% above the Hardware median (#34 of 2489)
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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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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