Compania de Distribucion Integral Logista Holdings (LOG) AI Stock Analysis

• Market Cap: €4.08B
• Dividend Yield: 7.05%
• Average Volume (3M): 188.59K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 0.41
• Revenue Growth: 4.24%
• EPS Growth: -8.96%
• Country: ES
• Employees: 6,651
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): N/A
• Shares Outstanding: 132,750,000
• 10 Day Avg. Volume: 153,303
• 30 Day Avg. Volume: 188,589
• PEG Ratio: -1.51
• Price to Book (P/B): 5.94
• Price to Sales (P/S): 0.28
• P/FCF Ratio: 6.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €30.40
• Price Target Upside: -1.68% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): 2.27
• Revenue Forecast (FY): €1.82B

• Rating: 67 Neutral
• Price Target: €34.00 ▲(9.96% Upside)
• Action: Downgraded Date: 12/11/25
• Date: Action: Downgraded 12/11/25

The overall stock score of 67 reflects strong financial performance and attractive valuation, offset by bearish technical indicators. The company's robust cash flow and reasonable P/E ratio are significant strengths, while the technical analysis suggests caution due to bearish momentum.

Positive Factors

Strong cash generation

Very strong free cash flow growth and a FCF-to-net-income ratio near parity demonstrate durable cash conversion. This provides sustained ability to fund capex, pay dividends, reduce debt, or pursue selective investments, enhancing long-term financial resilience.

Improved leverage profile

A materially improved debt-to-equity ratio and stable equity base reduce refinancing and interest-rate vulnerability. For a capital-intensive logistics operator, lower leverage increases flexibility for cyclical shocks and strategic spending without compromising liquidity.

Dense distribution network & client stickiness

A dense last-mile network, regular replenishment routes and long-term manufacturer/retailer ties create structural advantages and high switching costs. These operational moats support recurring throughput and cross-selling of non-tobacco logistics services over the medium term.

Negative Factors

Sharp margin compression

A large drop in gross margin and compressing operating margins indicate persistent cost pressures or pricing weakness. If structural, these trends can erode profitability, constrain reinvestment capacity, and require sustained efficiency gains to restore margin sustainability.

Declining capital efficiency

A material fall in ROE signals lower returns on invested capital despite equity stability. Reduced capital efficiency can limit long-term shareholder value creation and may force management to choose between higher leverage, slower growth, or cost restructuring to rebuild returns.

Concentration in tobacco distribution

Significant exposure to tobacco distribution leaves revenue sensitive to regulatory changes, taxation, and secular declines in smoking. Structural regulatory or demand shifts in tobacco markets could materially pressure core volumes and force costly strategic diversification.

Compania de Distribucion Integral Logista Holdings Business Overview & Revenue Model

Company Description

Logista Integral SA engages in the provision of logistics services. The company provides various products & services, including tobacco and related tobacco products, convenience goods, documents and electronic devices (such as mobile phone and travel card top-ups), drugs, books, newspapers, and lottery tickets. It operates through the following geographical segments: Spain, France, Italy & Portugal. The company was founded in 1999 and is headquartered in Leganes, Spain.

How the Company Makes Money

Logista makes money primarily by acting as a large-scale distributor and logistics operator. Its core earnings come from (1) distribution fees/margins earned from purchasing, handling, and delivering tobacco products to a wide network of retail points, where the company’s value is its regulated/compliant handling capabilities, dense last-mile delivery routes, and high-frequency replenishment; and (2) revenue from distributing non-tobacco convenience/consumer goods and related wholesale activities using the same infrastructure (warehousing, route-to-market, and retail servicing). In addition, Logista generates revenue from (3) logistics and transport services provided to third parties (e.g., warehousing, picking, parcel/route distribution, and other value-added supply-chain services), leveraging its footprint and operational scale. The company’s profitability is supported by high-volume throughput, network density (which spreads fixed costs across many deliveries), long-standing relationships with manufacturers and retailers, and operational services (compliance, inventory management, and multi-temperature/multi-category distribution) that create switching costs and recurring demand.

Compania de Distribucion Integral Logista Holdings Financial Statement Overview

Summary

Compania de Distribucion Integral Logista Holdings demonstrates robust revenue growth and effective cash flow management. However, declining profit margins and reduced return on equity highlight areas for improvement in operational efficiency and profitability. The company maintains a stable balance sheet with improved leverage ratios.

Income Statement

The company has shown strong revenue growth with a 6.99% increase in the latest year. However, the gross profit margin has significantly decreased from 13.53% to 3.55%, indicating increased cost pressures. The net profit margin has slightly decreased to 2.08%, and EBIT and EBITDA margins have also declined, suggesting reduced operational efficiency.

Balance Sheet

The debt-to-equity ratio has improved to 0.43, indicating better leverage management. However, the return on equity has decreased to 43.75%, reflecting a decline in profitability. The equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

The company has achieved a significant free cash flow growth of 75.12%, indicating strong cash generation capabilities. The operating cash flow to net income ratio has improved, reflecting better cash conversion. The free cash flow to net income ratio remains high at 92.54%, showcasing efficient cash management.

Breakdown	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	13.54B	12.99B	12.43B	11.46B	10.82B
Gross Profit	481.15M	1.76B	841.46M	1.24B	997.86M
EBITDA	558.22M	591.21M	530.12M	406.59M	382.08M
Net Income	281.07M	308.24M	272.25M	198.85M	173.96M
Balance Sheet
Total Assets	8.31B	8.08B	8.06B	7.69B	7.59B
Cash, Cash Equivalents and Short-Term Investments	174.63M	169.17M	192.96M	218.73M	171.76M
Total Debt	274.51M	304.73M	285.37M	135.80M	170.81M
Total Liabilities	7.66B	7.44B	7.47B	7.13B	7.06B
Stockholders Equity	642.39M	641.47M	590.71M	561.98M	523.64M
Cash Flow
Free Cash Flow	556.34M	350.22M	263.45M	606.70M	-342.20M
Operating Cash Flow	601.18M	397.31M	307.64M	642.96M	-302.03M
Investing Cash Flow	-222.89M	-51.08M	-83.00M	-389.03M	505.32M
Financing Cash Flow	-372.83M	-370.02M	-250.40M	-206.96M	-194.28M

Compania de Distribucion Integral Logista Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 30.92
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:LOG, the sentiment is Neutral. The current price of 30.92 is below the 20-day moving average (MA) of 31.17, below the 50-day MA of 30.99, and above the 200-day MA of 28.39, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 47.89 is Neutral, neither overbought nor oversold. The STOCH value of 68.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ES:LOG.

Compania de Distribucion Integral Logista Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EBRO	72 Outperform	€2.81B	13.19	9.45%	3.50%	-0.42%	-3.34%
LOG	67 Neutral	€4.08B	13.94	52.13%	7.05%	4.24%	-8.96%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DIA	57 Neutral	€2.34B	16.50	1180.47%	―	5.97%	―
CASH	54 Neutral	€874.16M	10.33	41.93%	7.10%	―	―