Logitech International S.A. (LOGI) vs Rigetti Computing, Inc. (RGTI)

Logitech International S.A. and Rigetti Computing, Inc. are both Computer Hardware companies. Logitech International S.A. is the larger, with a market value of $13.5B against $3.3B — 4.1× the size. Rigetti Computing, Inc. has negative trailing earnings, so its P/E is not meaningful; Logitech International S.A. trades at 17.6×. Rigetti Computing, Inc. grew revenue faster over the last twelve months: 68.5% against 5.74%. Logitech International S.A. has the higher net margin (16.4% vs −1,787.4%) and the higher return on invested capital (84.0% vs −42.3%). Across the 17 metrics below, Logitech International S.A. leads on 12 and Rigetti Computing, Inc. on 5.

Valuation

Metric LOGI RGTI Computer Hardware median
P/E 17.58 n/m 19.24
P/S 2.84 247.05 2.27
P/B 6.50 6.14 1.56
Price to free cash flow 14.76 n/m 23.09
EV/EBITDA 13.16 n/m 12.97
EV/Sales 2.54 218.56 1.70
Earnings yield 5.69% (7.47%) (8.82%)
Free cash flow yield 6.78% (2.65%) (6.63%)

Profitability

Metric LOGI RGTI Computer Hardware median
Gross margin 45.48% 34.61% 34.67%
Operating margin 17.79% (727.62%) (0.80%)
Net margin 16.36% (1,787.40%) (0.75%)
Free cash flow margin 19.25% (655.90%) 0.00%
Return on equity 38.16% (43.77%) 0.00%
Return on assets 21.25% (37.15%) 0.00%
Return on invested capital 83.98% (42.25%) 0.00%

Growth

Metric LOGI RGTI Computer Hardware median
Revenue growth (TTM) 5.74% 68.49% 27.21%
EPS growth (last fiscal year) 16.22% 35.78% 27.72%
Revenue growth, 5-year CAGR (1.62%) — 1.14%
Net income growth, 5-year CAGR (5.57%) 0.00% 0.00%

Health

Metric LOGI RGTI Computer Hardware median
Debt to equity 0.00 0.00 0.00
Current ratio 2.13 3.94 2.80
Net debt to EBITDA (2.04) 5.13 0.46

Dividend

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

Size

Metric LOGI RGTI Computer Hardware median
Market cap 13.50b 3.29b 362.57m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack