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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Garmin's Enterprise Value is $29,789 Mil. Garmin's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,194 Mil. Therefore, Garmin's EV-to-EBIT for today is 24.96.
The historical rank and industry rank for Garmin's EV-to-EBIT or its related term are showing as below:
During the past 13 years, the highest EV-to-EBIT of Garmin was 25.04. The lowest was 8.98. And the median was 15.36.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Garmin's Enterprise Value for the quarter that ended in Mar. 2024 was $26,504 Mil. Garmin's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,194 Mil. Garmin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.50%.
The historical data trend for Garmin's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Garmin Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | 18.24 | 20.06 | 20.06 | 15.90 | 20.87 |
Garmin Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-EBIT | Get a 7-Day Free Trial | 17.95 | 18.63 | 18.21 | 20.87 | 22.21 |
For the Scientific & Technical Instruments subindustry, Garmin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, Garmin's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Garmin's EV-to-EBIT falls into.
Garmin's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 29788.637 | / | 1193.588 | |
= | 24.96 |
Garmin's current Enterprise Value is $29,789 Mil.
Garmin's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,194 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Garmin (NYSE:GRMN) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.
Garmin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) | = | EBIT | / | Enterprise Value (Q: Mar. 2024 ) |
= | 1193.588 | / | 26504.29873 | |
= | 4.50 % |
Garmin's Enterprise Value for the quarter that ended in Mar. 2024 was $26,504 Mil.
Garmin's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,194 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Garmin's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Clifton A Pemble | director, officer: President and CEO | |
Cheng-wei Wang | officer: General Manager - Garmin Corp. | NO. 68, ZHANGSHU 2ND ROAD, XIZHI DISTRICT, NEW TAIPEI CITY F5 221 |
Sean Biddlecombe | officer: General Manager, Garmin Europe | LIBERTY HOUSE, HOUNSDOWN BUSINESS PARK, SOUTHAMPTON X0 SO40 9LR |
Douglas G. Boessen | officer: CFO and Treasurer | 3231 S.E. SIXTH AVENUE, TOPEKA KS 66607 |
Patrick Desbois | officer: Vice President, Operations | 1200 EAST 151ST STREET, OLATHE KS 66062 |
Matthew Munn | officer: VP, Man. Director - Auto OEM | 28001 CABOT DRIVE, SUITE 100, NOVI MI 48377 |
Philip Straub | officer: VP, Man. Director - Aviation | 1200 EAST 151ST STREET, OLATHE KS 66062 |
Jonathan Burrell | 10 percent owner | 6300 WEST 143RD STREET, OVERLAND PARK KS 66223 |
Joseph J Hartnett | director | 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173 |
Min H Kao | director, 10 percent owner, officer: Chairman and CEO | 1200 E. 151ST ST., OLATHE KS 66062 |
Catherine A. Lewis | director | 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064 |
Pao-chang Huang | officer: General Manager - Garmin Corp. | NO. 68, JANGSHU 2ND ROAD, SIJHIH, TAPEI F5 ROC |
Danny J Bartel | officer: Vice President,Worldwide Sales | 1200 EAST 151ST STREET, OLATHE KS 66062 |
Donald Eller | director | |
Andrew R Etkind | officer: General Counsel and Secretary | 1200 E 151 ST ST, OLATHE KS 66062 |
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