Arista Networks, Inc. (ANET) vs Logitech International S.A. (LOGI)

Arista Networks, Inc. and Logitech International S.A. are both Computer Hardware companies. Arista Networks, Inc. is the larger, with a market value of $200.7B against $13.5B — 14.9× the size. Logitech International S.A. trades at the lower P/E: 17.6× against 42.8×. Arista Networks, Inc. grew revenue faster over the last twelve months: 40.7% against 5.74%. Arista Networks, Inc. has the higher net margin (40.0% vs 16.4%) and the higher return on invested capital (156.0% vs 84.0%). Across the 21 metrics below, Arista Networks, Inc. leads on 12 and Logitech International S.A. on 9.

Valuation

Metric ANET LOGI Computer Hardware median
P/E 42.76 17.58 19.24
P/S 17.10 2.84 2.27
P/B 12.36 6.50 1.56
Price to free cash flow 40.55 14.76 23.09
EV/EBITDA 35.62 13.16 12.97
EV/Sales 15.89 2.54 1.70
Earnings yield 2.34% 5.69% (8.82%)
Free cash flow yield 2.47% 6.78% (6.63%)

Profitability

Metric ANET LOGI Computer Hardware median
Gross margin 62.88% 45.48% 34.67%
Operating margin 43.83% 17.79% (0.80%)
Net margin 39.97% 16.36% (0.75%)
Free cash flow margin 42.20% 19.25% 0.00%
Return on equity 33.52% 38.16% 0.00%
Return on assets 21.94% 21.25% 0.00%
Return on invested capital 156.01% 83.98% 0.00%

Growth

Metric ANET LOGI Computer Hardware median
Revenue growth (TTM) 40.74% 5.74% 27.21%
EPS growth (last fiscal year) 23.32% 16.22% 27.72%
Revenue growth, 5-year CAGR 31.19% (1.62%) 1.14%
Net income growth, 5-year CAGR 40.80% (5.57%) 0.00%

Health

Metric ANET LOGI Computer Hardware median
Debt to equity 0.00 0.00 0.00
Current ratio 3.29 2.13 2.80
Net debt to EBITDA (2.73) (2.04) 0.46

Dividend

Metric ANET LOGI Computer Hardware median
Dividend yield — 1.74% 1.25%
Payout ratio — 0.31 0.23

Size

Metric ANET LOGI Computer Hardware median
Market cap 200.74b 13.50b 362.57m

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