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.

Financial Strength

8/10

Name	Current	Vs Industry	Vs History
Cash-To-Debt	17.41
Equity-to-Asset	0.82
Debt-to-Equity	0.02
Debt-to-EBITDA	0.09
Interest Coverage	N/A	N/A	N/A
Piotroski F-Score	7/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	12.56	Distress Grey Safe
Beneish M-Score	-2.32	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

10/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	7.7
	3-Year EBITDA Growth Rate	2.4
	3-Year EPS without NRI Growth Rate	8.5
	3-Year FCF Growth Rate	7.6
	3-Year Book Growth Rate	8.3
	Future 3-5Y EPS without NRI Growth Rate	5.6
	Future 3-5Y Total Revenue Growth Rate	7.27

Momentum Rank

9/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	22.4
	9-Day RSI	32.58
	14-Day RSI	41.74
	6-1 Month Momentum %	36.43
	12-1 Month Momentum %	46.44

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	3.41
	Quick Ratio	2.38
	Cash Ratio	1.5
	Days Inventory	235.82
	Days Sales Outstanding	49.16
	Days Payable	39.3

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	2.03
	Dividend Payout Ratio	0.44
	3-Year Dividend Growth Rate	6.8
	Forward Dividend Yield %	2.09
	5-Year Yield-on-Cost %	2.89
	Shareholder Yield %	2.01

Profitability Rank

9/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	57.48
	Operating Margin %	20.89
	Net Margin %	24.67
	FCF Margin %	22.59
	ROE %	20.09
	ROA %	16.16
	ROIC %	22.81
	ROC (Joel Greenblatt) %	43.36
	ROCE %	16.26
	Years of Profitability over Past 10-Year	10

GF Value Rank

3/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	20.97
	Forward PE Ratio	27.06
	PE Ratio without NRI	21.37
	Shiller PE Ratio	32.28
	Price-to-Owner-Earnings	23.99
	PEG Ratio	3.14
	PS Ratio	5.13
	PB Ratio	3.85
	Price-to-Tangible-Book	4.34
	Price-to-Free-Cash-Flow	22.9
	Price-to-Operating-Cash-Flow	19.68
	EV-to-EBIT	23.07
	EV-to-Forward-EBIT	22.03
	EV-to-EBITDA	19.85
	EV-to-Forward-EBITDA	12.23
	EV-to-Revenue	4.82
	EV-to-Forward-Revenue	4.37
	EV-to-FCF	21.33
	Price-to-Projected-FCF	1.75
	Price-to-DCF (Earnings Based)	0.84
	Price-to-DCF (FCF Based)	1.08
	Price-to-Median-PS-Value	1.33
	Price-to-Peter-Lynch-Fair-Value	3.26
	Price-to-Graham-Number	2.03
	Price-to-Net-Current-Asset-Value	9.39
	Price-to-Net-Cash	71.8
	Earnings Yield (Greenblatt) %	4.33
	FCF Yield %	4.38
	Forward Rate of Return (Yacktman) %	9.46

Financials (Next Earnings Date:2024-05-01)

Annual Quarterly TTM

GRMN's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

See Details

Insider Trades

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Gurus Latest Trades with NYSE:GRMN

No Available Data

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Garmin Ltd Executives

Details

GF Value: $118.85

GRMN

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 2 Severe warning signs with GRMN. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	5,228.251
	EPS (TTM) ($)	6.71
	Beta	0.98
	Volatility %	26.25
	14-Day RSI	41.74
	14-Day ATR ($)	2.295792
	20-Day SMA ($)	146.102
	12-1 Month Momentum %	46.44
	52-Week Range ($)	94.89 - 149.54
	Shares Outstanding (Mil)	191.78

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	7
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Garmin Ltd Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Garmin Ltd Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

Garmin Ltd Frequently Asked Questions

What is Garmin Ltd(GRMN)'s stock price today?

The current price of GRMN is $140.72. The 52 week high of GRMN is $149.54 and 52 week low is $94.89.

When is next earnings date of Garmin Ltd(GRMN)?

The next earnings date of Garmin Ltd(GRMN) is 2024-05-01.

Does Garmin Ltd(GRMN) pay dividends? If so, how much?

The Dividend Yield % of Garmin Ltd(GRMN) is 2.03% (As of Today), Highest Dividend Payout Ratio of Garmin Ltd(GRMN) was 1. The lowest was 0.44. And the median was 0.55. The Forward Dividend Yield % of Garmin Ltd(GRMN) is 2.09%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

Headlines

No news.

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