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DCF Valuation
Base-case fair value
$257.59
Intrinsic $343.45 · 25% MOS
Current price: $112.93
Base-case summary
Our base-case DCF for Logitech International S.A. (LOGI) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 36.1% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $976M in trailing free cash flow, this produces an intrinsic value of $343.45 per share. A 25% safety margin gives a fair value of $257.59, suggesting the stock is currently 128% undervalued against the $112.93 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$976M
Cash & equivalents
$1.7B
Total debt
$88M
Shares outstanding
148M