EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Garmin's Enterprise Value is $25,529 Mil.
Garmin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,092 Mil. Therefore, Garmin's EV-to-EBIT for today is 23.37.
The historical rank and industry rank for Garmin's EV-to-EBIT or its related term are showing as below:
GRMN'
s EV-to-EBIT Range Over the Past 10 Years
Min: 8.98 Med: 15.34 Max: 24.6
Current: 23.37
During the past 13 years, the highest EV-to-EBIT of Garmin was 24.60. The lowest was 8.98. And the median was 15.34.
GRMN's EV-to-EBIT is ranked worse than 65.48% of 1712
companies
in the Hardware industry
Industry Median: 16.11
vs GRMN: 23.37
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.
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.
Garmin's EV-to-EBIT Distribution in the Hardware Industry
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 current Enterprise Value is $25,529 Mil.
Garmin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,092 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.
Garmin's Enterprise Value for the quarter that ended in Dec. 2023 was $22,796 Mil.
Garmin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,092 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 EV-to-EBIT Related Terms
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.
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
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