Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt No Debt
GRMN's Cash to Debt is ranked higher than
88% of the 2491 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.96 vs. GRMN: No Debt )
GRMN' s 10-Year Cash to Debt Range
Min: 3.76   Max: No Debt
Current: No Debt

Equity to Asset 0.75
GRMN's Equity to Asset is ranked higher than
82% of the 2481 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.58 vs. GRMN: 0.75 )
GRMN' s 10-Year Equity to Asset Range
Min: 0.71   Max: 0.88
Current: 0.75

0.71
0.88
Interest Coverage No Debt
GRMN's Interest Coverage is ranked higher than
99% of the 1525 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 74.64 vs. GRMN: No Debt )
GRMN' s 10-Year Interest Coverage Range
Min: 56.53   Max: 9999.99
Current: No Debt

56.53
9999.99
F-Score: 6
Z-Score: 7.32
M-Score: -2.36
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 21.81
GRMN's Operating margin (%) is ranked higher than
96% of the 2448 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.44 vs. GRMN: 21.81 )
GRMN' s 10-Year Operating margin (%) Range
Min: 20.07   Max: 39.62
Current: 21.81

20.07
39.62
Net-margin (%) 23.27
GRMN's Net-margin (%) is ranked higher than
97% of the 2449 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.74 vs. GRMN: 23.27 )
GRMN' s 10-Year Net-margin (%) Range
Min: 18.88   Max: 31.18
Current: 23.27

18.88
31.18
ROE (%) 16.73
GRMN's ROE (%) is ranked higher than
92% of the 2412 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 5.23 vs. GRMN: 16.73 )
GRMN' s 10-Year ROE (%) Range
Min: 15.36   Max: 36.37
Current: 16.73

15.36
36.37
ROA (%) 12.55
GRMN's ROA (%) is ranked higher than
95% of the 2450 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.74 vs. GRMN: 12.55 )
GRMN' s 10-Year ROA (%) Range
Min: 11.26   Max: 27.1
Current: 12.55

11.26
27.1
ROC (Joel Greenblatt) (%) 73.96
GRMN's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 2444 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 10.26 vs. GRMN: 73.96 )
GRMN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 65.49   Max: 130.32
Current: 73.96

65.49
130.32
Revenue Growth (%) -0.40
GRMN's Revenue Growth (%) is ranked higher than
58% of the 1672 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.30 vs. GRMN: -0.40 )
GRMN' s 10-Year Revenue Growth (%) Range
Min: -5.1   Max: 60.5
Current: -0.4

-5.1
60.5
EBITDA Growth (%) -0.70
GRMN's EBITDA Growth (%) is ranked higher than
62% of the 1284 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 5.20 vs. GRMN: -0.70 )
GRMN' s 10-Year EBITDA Growth (%) Range
Min: -10.5   Max: 52.7
Current: -0.7

-10.5
52.7
EPS Growth (%) 1.90
GRMN's EPS Growth (%) is ranked higher than
64% of the 1131 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 6.00 vs. GRMN: 1.90 )
GRMN' s 10-Year EPS Growth (%) Range
Min: -8.8   Max: 60
Current: 1.9

-8.8
60
» GRMN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

GRMN Guru Trades in Q1 2013

Jim Simons 687,242 sh (New)
Joel Greenblatt 178,155 sh (New)
Jean-Marie Eveillard 102,300 sh (New)
Paul Tudor Jones 23,400 sh (+74.63%)
John Hussman 4,300 sh (+53.57%)
Chuck Royce 190,500 sh (+8.3%)
» More
Q2 2013

GRMN Guru Trades in Q2 2013

Chuck Royce 395,020 sh (+107.36%)
John Hussman 4,300 sh (unchged)
Jean-Marie Eveillard Sold Out
Joel Greenblatt 77,519 sh (-56.49%)
Paul Tudor Jones 8,300 sh (-64.53%)
Jim Simons 82,442 sh (-88%)
» More
Q3 2013

GRMN Guru Trades in Q3 2013

Murray Stahl 7,760 sh (New)
Pioneer Investments 211,972 sh (New)
John Hussman 4,300 sh (unchged)
Jim Simons Sold Out
Joel Greenblatt 65,573 sh (-15.41%)
Chuck Royce 309,670 sh (-21.61%)
Paul Tudor Jones 5,600 sh (-32.53%)
» More
Q4 2013

GRMN Guru Trades in Q4 2013

Steven Cohen 23,847 sh (New)
RS Investment Management 32,800 sh (New)
Paul Tudor Jones 14,648 sh (+161.57%)
Murray Stahl 11,455 sh (+47.62%)
John Hussman Sold Out
Joel Greenblatt Sold Out
Pioneer Investments Sold Out
Chuck Royce 245,100 sh (-20.85%)
» More
» Details

Insider Trades

Latest Guru Trades with GRMN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-12-31 Sold Out 0.1%$45.7 - $49.33 $ 56.1718%0
John Hussman 2013-12-31 Sold Out 0.01%$45.7 - $49.33 $ 56.1718%0
Joel Greenblatt 2013-06-30 Reduce -56.49%0.17%$32.6 - $36.88 $ 56.1762%77519
Jean-Marie Eveillard 2013-06-30 Sold Out 0.01%$32.6 - $36.88 $ 56.1762%0
Joel Greenblatt 2013-03-31 New Buy0.3%$32.97 - $42.25 $ 56.1751%178155
Jean-Marie Eveillard 2013-03-31 New Buy0.01%$32.97 - $42.25 $ 56.1751%102300
John Hussman 2013-03-31 Add 53.57%$32.97 - $42.25 $ 56.1751%4300
John Hussman 2012-12-31 Add 100%$36.12 - $42.73 $ 56.1742%2800
John Hussman 2012-09-30 New Buy$35.85 - $42.45 $ 56.1742%1400
Joel Greenblatt 2012-03-31 Sold Out 0.05%$39.36 - $48.86 $ 56.1734%0
Joel Greenblatt 2011-12-31 Reduce -63.33%0.09%$30.6 - $40.39 $ 56.1758%10279
Joel Greenblatt 2011-09-30 Reduce -76.65%0.42%$30.14 - $33.74 $ 56.1774%28031
Joel Greenblatt 2011-06-30 Add 1322.01%0.52%$31.92 - $35.31 $ 56.1766%120032
Joel Greenblatt 2011-03-31 Reduce -91.79%1.01%$30.47 - $34.77 $ 56.1773%8441
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Garmin, Ltd.

Guru Action on S&P Top Gainers
Year to date, AutoZone Inc. is up 18%, JPMorgan Chase & Co. is up 16% and Garmin Ltd. is up 8%, making them three of the top ten gainers in the S&P 500. Here’s an update to see what the insiders and top billionaire stakeholders are buying and selling. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 18.00
GRMN's P/E(ttm) is ranked higher than
64% of the 1774 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 19.40 vs. GRMN: 18.00 )
GRMN' s 10-Year P/E(ttm) Range
Min: 3.87   Max: 36.22
Current: 18

3.87
36.22
P/B 3.00
GRMN's P/B is ranked lower than
67% of the 2373 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.48 vs. GRMN: 3.00 )
GRMN' s 10-Year P/B Range
Min: 1.38   Max: 13.05
Current: 3

1.38
13.05
P/S 4.19
GRMN's P/S is ranked lower than
83% of the 2545 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.92 vs. GRMN: 4.19 )
GRMN' s 10-Year P/S Range
Min: 0.91   Max: 11.38
Current: 4.19

0.91
11.38
PFCF 19.24
GRMN's PFCF is ranked higher than
53% of the 1308 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 16.38 vs. GRMN: 19.24 )
GRMN' s 10-Year PFCF Range
Min: 3.98   Max: 53.54
Current: 19.24

3.98
53.54
EV-to-EBIT 16.78
GRMN's EV-to-EBIT is ranked higher than
56% of the 1938 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 15.81 vs. GRMN: 16.78 )
GRMN' s 10-Year EV-to-EBIT Range
Min: 2.7   Max: 32.3
Current: 16.78

2.7
32.3
Shiller P/E 17.31
GRMN's Shiller P/E is ranked higher than
76% of the 795 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 25.90 vs. GRMN: 17.31 )
GRMN' s 10-Year Shiller P/E Range
Min: 6.83   Max: 76.54
Current: 17.31

6.83
76.54

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.20
GRMN's Dividend Yield is ranked higher than
78% of the 1578 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.77 vs. GRMN: 3.20 )
GRMN' s 10-Year Dividend Yield Range
Min: 0.73   Max: 8.32
Current: 3.2

0.73
8.32
Dividend Payout 0.70
GRMN's Dividend Payout is ranked lower than
63% of the 1225 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.31 vs. GRMN: 0.70 )
GRMN' s 10-Year Dividend Payout Range
Min: 0.18   Max: 0.63
Current: 0.7

0.18
0.63
Dividend growth (3y) 6.30
GRMN's Dividend growth (3y) is ranked higher than
74% of the 613 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.70 vs. GRMN: 6.30 )
GRMN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 44.2
Current: 6.3

0
44.2
Yield on cost (5-Year) 8.30
GRMN's Yield on cost (5-Year) is ranked higher than
94% of the 1646 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.91 vs. GRMN: 8.30 )
GRMN' s 10-Year Yield on cost (5-Year) Range
Min: 1.89   Max: 21.58
Current: 8.3

1.89
21.58
Share Buyback Rate 0.30
GRMN's Share Buyback Rate is ranked higher than
83% of the 1236 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: -1.20 vs. GRMN: 0.30 )
GRMN' s 10-Year Share Buyback Rate Range
Min: 3.4   Max: -2.7
Current: 0.3

Valuation & Return

vs
industry
vs
history
Price/Net Cash 100.30
GRMN's Price/Net Cash is ranked lower than
90% of the 462 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 9.70 vs. GRMN: 100.30 )
GRMN' s 10-Year Price/Net Cash Range
Min: 13.91   Max: 172.39
Current: 100.3

13.91
172.39
Price/Net Current Asset Value 13.24
GRMN's Price/Net Current Asset Value is ranked lower than
68% of the 928 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 6.20 vs. GRMN: 13.24 )
GRMN' s 10-Year Price/Net Current Asset Value Range
Min: 5.04   Max: 27.32
Current: 13.24

5.04
27.32
Price/Tangible Book 3.19
GRMN's Price/Tangible Book is ranked lower than
68% of the 2244 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.60 vs. GRMN: 3.19 )
GRMN' s 10-Year Price/Tangible Book Range
Min: 1.95   Max: 9.77
Current: 3.19

1.95
9.77
Price/DCF (Projected) 1.09
GRMN's Price/DCF (Projected) is ranked higher than
68% of the 928 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.30 vs. GRMN: 1.09 )
GRMN' s 10-Year Price/DCF (Projected) Range
Min: 0.54   Max: 3.96
Current: 1.09

0.54
3.96
Price/Median PS Value 1.26
GRMN's Price/Median PS Value is ranked higher than
50% of the 2322 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.10 vs. GRMN: 1.26 )
GRMN' s 10-Year Price/Median PS Value Range
Min: 0.35   Max: 3.13
Current: 1.26

0.35
3.13
Price/Graham Number 1.59
GRMN's Price/Graham Number is ranked lower than
55% of the 1662 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.25 vs. GRMN: 1.59 )
GRMN' s 10-Year Price/Graham Number Range
Min: 0.68   Max: 3.49
Current: 1.59

0.68
3.49
Earnings Yield (Greenblatt) 6.00
GRMN's Earnings Yield (Greenblatt) is ranked higher than
61% of the 2084 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 6.10 vs. GRMN: 6.00 )
GRMN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.1   Max: 37.1
Current: 6

3.1
37.1
Forward Rate of Return (Yacktman) -0.38
GRMN's Forward Rate of Return (Yacktman) is ranked higher than
61% of the 1330 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.24 vs. GRMN: -0.38 )
GRMN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.3   Max: 55.2
Current: -0.38

0.3
55.2

Business Description

Industry: Computer Hardware » Scientific & Technical Instruments
Compare:A, ROP, HXGBY, TRMB, NANO » details
Traded in other countries:GEY.Germany
Garmin Ltd., was incorporated in the Cayman Islands on July 24, 2000 as a holding company for Garmin Corporation, a Taiwan corporation, in order to facilitate a public offering of Garmin shares in the United States. Garmin owns, directly or indirectly, all of the operating companies in the Garmin group. The Company is a provider of navigation, communications and information devices, which are enabled by Global Positioning System or GPS, technology. It operates in four business segments, which serve the marine, outdoor/fitness, automotive/mobile, and aviation markets. The Company's segments offer products through its network of subsidiary distributors, dealers and distributors. Its portable GPS receivers and accessories for marine, recreation/fitness and automotive/mobile segments are sold mainly to retail outlets. The Company's aviation products are portable and panel-mount avionics for Visual Flight Rules and Instrument Flight Rules navigation and are sold mainly to retail outlets and certain aircraft manufacturers. The Global Positioning System is a navigation system which enables the precise determination of geographic location using established satellite technology. The system consists of a constellation of orbiting satellites. It offers automotive navigation products, as well as a variety of products and applications designed for the mobile GPS market. Garmin believes that its products are known for their value, high performance, ease of use, innovation, and ergonomics. Garmin's marine lineup includes network products and multifunction displays, fixed-mount GPS/chartplotter products, instruments, radar, autopilots, and sounder products. Garmin's product line includes GPS-enabled navigation, VHF communications transmitters/receivers, multi-function displays, electronic flight instrumentation systems (EFIS), traffic advisory systems and traffic collision avoidance systems, instrument landing system (ILS) receivers, surveillance products, marker beacon receivers and audio panels. Garmin's non-aviation products are sold through a worldwide network of approximately 3,000 independent dealers and distributors in approximately 100 countries who meet the Company's sales and customer service qualifications. Some of Garmin's consumer products dealers and distributors include: Best Buy, Amazon.com, Costco, Halford's, Petra, Target, Wal-Mart and Wynit. The Companies competitive factors impacting the market for its products are design, functionality, quality and reliability, customer service, brand, price, time-to-market and availability.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide