Independent equity research
Is Logista Integral (LOG) a Buy, Hold or Sell?
Logista Integral — our independent, AI-built valuation and rating, in brief.
BUY (accumulate)
12-mo fair value
€38.90
To fair value
+11%
By · report dated 2026-09-05 · fair value derived independently of the market price.
The thesis, in brief
Logista's licence-protected tobacco distribution earns a 25.2% ROIC against a 7.4% cost of capital and funds a 6.0% dividend covered 1.17x by normalised cash flow; we are wrong if FY2026 adjusted EBIT ex-inventory-profit misses mid-single-digit growth or the FY2027 dividend is set below EUR 2.09
How we value it
We value Logista Integral using Equity DCF on normalised cash flow at 7.68% cost of equity, 1.0% terminal growth. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full Logista Integral report
The complete model, the scenarios, and every number behind the call — plus other names across the coverage. One subscription, cancel anytime.