NAS:GRMN (Switzerland) Also trade in: Germany UK

Garmin Ltd

$ 78.14 0 (0%)
Volume: 2,695,853 Avg Vol (1m): 1,125,440
Market Cap $: 14.83 Bil Enterprise Value $: 13.52 Bil
P/E (TTM): 21.06 P/B: 3.45
Earnings Power Value 41.99
Net Current Asset Value 8.12
Tangible Book 20.48
Projected FCF 46.05
Median P/S Value 51.03
Graham Number 41.35
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
YTD (-%)

Financial Strength : 10/10

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.
Current vs industry vs history
Cash-to-Debt No Debt
Cash-To-Debt ranked higher than
99.40% of 2317 companies
in the Scientific & Technical Instruments industry.
Industry Max: 395734.25, Med: 1.26, Min: -0.33
GRMN: No Debt
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 3.76, Med: 10000, Max: 10000
Current: 10000
3.76
10000
Equity-to-Asset 0.82
Equity-to-Asset ranked higher than
85.14% of 2282 companies
in the Scientific & Technical Instruments industry.
Industry Max: 0.99, Med: 0.55, Min: -23.03
GRMN: 0.82
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.69, Med: 0.78, Max: 0.9
Current: 0.82
0.69
0.9
Interest Coverage No Debt
Interest Coverage ranked higher than
98.91% of 1836 companies
in the Scientific & Technical Instruments industry.
Industry Max: 42131692, Med: 18.76, Min: 0.09
GRMN: No Debt
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 510.98, Med: 10000, Max: 10000
Current: 10000
510.98
10000
Piotroski F-Score 8
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 11.58
DISTRESS
GREY
SAFE
Beneish M-Score -2.57
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 23.61%
WACC 6.85%

Profitability & Growth : 8/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 23.14
Operating Margin ranked higher than
93.96% of 2300 companies
in the Scientific & Technical Instruments industry.
Industry Max: 108500, Med: 4.64, Min: -409420
GRMN: 23.14
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 19.49, Med: 22.08, Max: 26.68
Current: 23.14
19.49
26.68
Net Margin % 20.72
Net Margin ranked higher than
94.08% of 2299 companies
in the Scientific & Technical Instruments industry.
Industry Max: 90164.29, Med: 3.48, Min: -416260
GRMN: 20.72
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 12.69, Med: 20.35, Max: 23.89
Current: 20.72
12.69
23.89
ROE % 17.46
ROE ranked higher than
81.34% of 2278 companies
in the Scientific & Technical Instruments industry.
Industry Max: 1227.84, Med: 6.72, Min: -5002.35
GRMN: 17.46
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 10.31, Med: 16.78, Max: 27.81
Current: 17.46
10.31
27.81
ROA % 13.77
ROA ranked higher than
90.94% of 2329 companies
in the Scientific & Technical Instruments industry.
Industry Max: 456.48, Med: 3.43, Min: -9683.72
GRMN: 13.77
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 7.61, Med: 12.47, Max: 20.82
Current: 13.77
7.61
20.82
ROC (Joel Greenblatt) % 73.99
ROC (Joel Greenblatt) ranked higher than
93.59% of 2326 companies
in the Scientific & Technical Instruments industry.
Industry Max: 422087.5, Med: 12.21, Min: -439759.26
GRMN: 73.99
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 57.49, Med: 76.47, Max: 116.75
Current: 73.99
57.49
116.75
3-Year Total Revenue Growth Rate 5.90
3-Year Revenue Growth Rate ranked higher than
52.96% of 2196 companies
in the Scientific & Technical Instruments industry.
Industry Max: 790.1, Med: 2.8, Min: -100
GRMN: 6.1
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -5.1, Med: 6.3, Max: 60.4
Current: 6.1
-5.1
60.4
3-Year Total EBITDA Growth Rate 11.70
3-Year EBITDA Growth Rate ranked lower than
59.81% of 1871 companies
in the Scientific & Technical Instruments industry.
Industry Max: 662.6, Med: 5.1, Min: -549.3
GRMN: 11.9
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -11, Med: 11.9, Max: 50.1
Current: 11.9
-11
50.1
3-Year EPS w/o NRI Growth Rate 15.30
3-Year EPS w/o NRI Growth Rate ranked higher than
74.26% of 1725 companies
in the Scientific & Technical Instruments industry.
Industry Max: 852.9, Med: 6.6, Min: -393.2
GRMN: 15.3
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: -11, Med: 15.3, Max: 60.3
Current: 15.3
-11
60.3

» GRMN's 30-Y Financials

Financials (Next Earnings Date: 2019-08-01)

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Business Description

Industry Computer Hardware » Scientific & Technical Instruments    NAICS : 334511    SIC : 3812
Compare NYSE:KEYS OSTO:HEXA B NAS:TRMB NAS:CGNX NYSE:TDY NYSE:ST TSE:7701 NAS:FLIR NYSE:GDI NAS:MKSI LSE:SXS NYSE:FTV NAS:COHR NAS:NOVT TSE:6856 NAS:IIVI SZSE:002414 NAS:ITRI TSE:6920 XAMS:TOM2
Traded in other countries GEY.Germany 0VQS.UK
Address Muhlentalstrasse 2, Schaffhausen, CHE, 8200
Garmin manufactures GPS devices and develops GPS software geared toward the aviation, automotive, boating, outdoor, and fitness markets. The company sells consumer products through a network of dealers and distributors in more than 100 countries and directly to original-equipment manufacturers. Garmin has headquarters in the United States and manufacturing facilities in Taiwan; it is incorporated in Switzerland.

Ratios

Current vs industry vs history
PE Ratio (TTM) 21.06
PE Ratio ranked lower than
62.36% of 1711 companies
in the Scientific & Technical Instruments industry.
Industry Max: 3250, Med: 16.75, Min: 0.02
GRMN: 21.06
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 3.87, Med: 14.51, Max: 36.6
Current: 21.06
3.87
36.6
Forward PE Ratio 21.19
Forward P/E ranked lower than
76.45% of 259 companies
in the Scientific & Technical Instruments industry.
Industry Max: 2000, Med: 14.71, Min: 4.21
GRMN: 21.19
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 21.06
PE without NRI ranked lower than
62.31% of 1690 companies
in the Scientific & Technical Instruments industry.
Industry Max: 3250, Med: 16.78, Min: 0.09
GRMN: 21.06
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 3.87, Med: 14.51, Max: 36.6
Current: 21.06
3.87
36.6
Price-to-Owner-Earnings 22.15
Price-to-Owner-Earnings ranked higher than
56.68% of 1041 companies
in the Scientific & Technical Instruments industry.
Industry Max: 445473.98, Med: 22.3, Min: 0.21
GRMN: 22.15
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 3.78, Med: 16.45, Max: 71.53
Current: 22.15
3.78
71.53
PB Ratio 3.45
PB Ratio ranked lower than
82.89% of 2309 companies
in the Scientific & Technical Instruments industry.
Industry Max: 223290.54, Med: 1.47, Min: 0.02
GRMN: 3.45
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 1.37, Med: 2.54, Max: 4.68
Current: 3.45
1.37
4.68
PS Ratio 4.36
PS Ratio ranked lower than
87.06% of 2318 companies
in the Scientific & Technical Instruments industry.
Industry Max: 14063.96, Med: 0.98, Min: 0.01
GRMN: 4.36
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.91, Med: 2.85, Max: 4.97
Current: 4.36
0.91
4.97
Price-to-Free-Cash-Flow 21.01
Price-to-Free-Cash-Flow ranked higher than
52.80% of 930 companies
in the Scientific & Technical Instruments industry.
Industry Max: 522414.18, Med: 20.39, Min: 0.17
GRMN: 21.01
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 3.99, Med: 15.66, Max: 47.47
Current: 21.01
3.99
47.47
Price-to-Operating-Cash-Flow 17.07
Price-to-Operating-Cash-Flow ranked lower than
51.85% of 1350 companies
in the Scientific & Technical Instruments industry.
Industry Max: 197884.61, Med: 14.25, Min: 0.06
GRMN: 17.07
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 3.54, Med: 13.6, Max: 33.2
Current: 17.07
3.54
33.2
EV-to-EBIT 17.17
EV-to-EBIT ranked lower than
62.55% of 1789 companies
in the Scientific & Technical Instruments industry.
Industry Max: 20815.39, Med: 12.83, Min: 0.03
GRMN: 17.17
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 2.5, Med: 11.35, Max: 19.9
Current: 17.17
2.5
19.9
EV-to-EBITDA 15.29
EV-to-EBITDA ranked lower than
65.55% of 1910 companies
in the Scientific & Technical Instruments industry.
Industry Max: 20815.39, Med: 10.14, Min: 0.03
GRMN: 15.29
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 2.3, Med: 9.9, Max: 17.7
Current: 15.29
2.3
17.7
EV-to-Revenue 3.97
EV-to-Revenue ranked lower than
85.09% of 2307 companies
in the Scientific & Technical Instruments industry.
Industry Max: 25302, Med: 0.99, Min: 0.02
GRMN: 3.97
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.7, Med: 2.4, Max: 4.6
Current: 3.97
0.7
4.6
PEG Ratio 3.84
PEG Ratio ranked lower than
89.82% of 874 companies
in the Scientific & Technical Instruments industry.
Industry Max: 235.29, Med: 1.4, Min: 0.04
GRMN: 3.84
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0.09, Med: 4.57, Max: 83.65
Current: 3.84
0.09
83.65
Shiller PE Ratio 23.96
Shiller PE Ratio ranked higher than
50.95% of 681 companies
in the Scientific & Technical Instruments industry.
Industry Max: 2315.72, Med: 22.91, Min: 0.13
GRMN: 23.96
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 10.52, Med: 16.06, Max: 27.29
Current: 23.96
10.52
27.29
Current Ratio 4.04
Current Ratio ranked higher than
72.03% of 2256 companies
in the Scientific & Technical Instruments industry.
Industry Max: 218.8, Med: 1.89, Min: 0.01
GRMN: 4.04
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 2.16, Med: 3.46, Max: 11.8
Current: 4.04
2.16
11.8
Quick Ratio 3.07
Quick Ratio ranked higher than
72.52% of 2256 companies
in the Scientific & Technical Instruments industry.
Industry Max: 218.8, Med: 1.39, Min: 0.01
GRMN: 3.07
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 1.69, Med: 2.73, Max: 10.03
Current: 3.07
1.69
10.03
Days Inventory 144.45
Days Inventory ranked lower than
84.35% of 2249 companies
in the Scientific & Technical Instruments industry.
Industry Max: 938.15, Med: 77.36, Min: 0.22
GRMN: 144.45
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 89.32, Med: 115.39, Max: 144.04
Current: 144.45
89.32
144.04
Days Sales Outstanding 48.60
Days Sales Outstanding ranked higher than
79.35% of 2261 companies
in the Scientific & Technical Instruments industry.
Industry Max: 886.46, Med: 79.6, Min: 0.01
GRMN: 48.6
Ranked among companies with meaningful Days Sales Outstanding only.
N/A
Days Payable 44.52
Days Payable ranked lower than
62.60% of 2219 companies
in the Scientific & Technical Instruments industry.
Industry Max: 986.04, Med: 65.83, Min: -140.71
GRMN: 44.52
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 35.96, Med: 45.03, Max: 54.7
Current: 44.52
35.96
54.7

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 2.71
Trailing Dividend Yield ranked higher than
60.80% of 1880 companies
in the Scientific & Technical Instruments industry.
Industry Max: 94.27, Med: 1.09, Min: 0.02
GRMN: 2.71
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 1.46, Med: 3.89, Max: 8.32
Current: 2.71
1.46
8.32
Dividend Payout Ratio 0.57
Dividend Payout Ratio ranked lower than
61.72% of 1374 companies
in the Scientific & Technical Instruments industry.
Industry Max: 29.59, Med: 0.36, Min: 0.01
GRMN: 0.57
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.21, Med: 0.59, Max: 1.01
Current: 0.57
0.21
1.01
3-Year Dividend Growth Rate (Per Share) 1.50
3-Year Dividend Growth Rate ranked lower than
57.60% of 1052 companies
in the Scientific & Technical Instruments industry.
Industry Max: 192.4, Med: 6.3, Min: -100
GRMN: 1.5
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 5.7, Max: 44.2
Current: 1.5
0
44.2
Forward Dividend Yield % 2.92
Forward Dividend Yield ranked higher than
56.42% of 1815 companies
in the Scientific & Technical Instruments industry.
Industry Max: 30.48, Med: 2.65, Min: 0.02
GRMN: 2.92
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 3.13
Yield-on-Cost (5y) ranked higher than
56.91% of 1852 companies
in the Scientific & Technical Instruments industry.
Industry Max: 329.08, Med: 2.89, Min: 0.01
GRMN: 3.13
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 1.68, Med: 4.49, Max: 9.6
Current: 3.13
1.68
9.6
3-Year Share Buyback Rate 0.20
3-Year Share Buyback Rate ranked higher than
83.03% of 1532 companies
in the Scientific & Technical Instruments industry.
Industry Max: 72.5, Med: -3, Min: -2936.6
GRMN: 0.2
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -0.2, Med: 0.5, Max: 3.6
Current: 0.2
-0.2
3.6

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 3.81
Price-to-Tangible-Book ranked lower than
79.12% of 2285 companies
in the Scientific & Technical Instruments industry.
Industry Max: 366244.02, Med: 1.69, Min: 0.02
GRMN: 3.81
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 1.9, Med: 3.29, Max: 14.2
Current: 3.81
1.9
14.2
Price-to-Projected-FCF 1.70
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
62.38% of 1353 companies
in the Scientific & Technical Instruments industry.
Industry Max: 139198.2, Med: 1.27, Min: 0.05
GRMN: 1.7
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.52, Med: 1.04, Max: 7.57
Current: 1.7
0.52
7.57
Price-to-Median-PS-Value 1.53
Price-to-Median-PS-Value ranked lower than
79.02% of 2112 companies
in the Scientific & Technical Instruments industry.
Industry Max: 502.67, Med: 0.94, Min: 0.02
GRMN: 1.53
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.4, Med: 1.25, Max: 4.08
Current: 1.53
0.4
4.08
Price-to-Graham-Number 1.89
Price-to-Graham-Number ranked lower than
72.14% of 1626 companies
in the Scientific & Technical Instruments industry.
Industry Max: 61.11, Med: 1.17, Min: 0.01
GRMN: 1.89
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.69, Med: 1.67, Max: 4.76
Current: 1.89
0.69
4.76
Earnings Yield (Joel Greenblatt) % 5.82
Earnings Yield (Greenblatt) ranked higher than
52.98% of 2382 companies
in the Scientific & Technical Instruments industry.
Industry Max: 3214.8, Med: 5.45, Min: -833.33
GRMN: 5.82
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 5, Med: 8.8, Max: 39.4
Current: 5.82
5
39.4
Forward Rate of Return (Yacktman) % 7.96
Forward Rate of Return ranked higher than
50.43% of 1382 companies
in the Scientific & Technical Instruments industry.
Industry Max: 11086.85, Med: 7.08, Min: -3149.58
GRMN: 7.96
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: 0.3, Med: 7.6, Max: 31
Current: 7.96
0.3
31

More Statistics

Revenue (TTM) (Mil) $ 3,402.62
EPS (TTM) $ 3.71
Beta 1.2
Volatility % 24.59
52-Week Range $ 59.27 - 89.72
Shares Outstanding (Mil) 189.85

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 8
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA Y
Lower Leverage yoy Y
Higher Current Ratio yoy Y
Less Shares Outstanding yoy N
Higher Gross Margin yoy Y
Higher Asset Turnover yoy Y