(GRMN) Garmin - Ratings and Ratios
GPS Devices, Smartwatches, Aviation Electronics, Outdoor Gear, Automotive
GRMN EPS (Earnings per Share)
GRMN Revenue
Description: GRMN Garmin
Garmin Ltd (NYSE:GRMN) is a diversified technology company that designs, develops, and manufactures a wide range of wireless devices and avionics solutions. The companys product portfolio includes wearables, navigation devices, and avionics systems, catering to various markets such as consumer electronics, aviation, and marine. Garmins products are known for their high-quality and innovative features, such as GPS navigation, fitness tracking, and smart notifications.
From a financial perspective, Garmin has demonstrated strong performance in recent years, with a market capitalization of approximately $41.9 billion. Key performance indicators (KPIs) such as Return on Equity (RoE) of 19.23% and a forward Price-to-Earnings (P/E) ratio of 27.93 suggest a stable and profitable business model. Additionally, Garmins diversified product portfolio and strong brand reputation contribute to its competitive advantage in the market.
Garmins business segments can be broken down into several categories, including consumer products, aviation, and marine. The companys consumer products segment includes wearables, navigation devices, and fitness tracking products, while its aviation segment offers a range of avionics solutions, including flight decks, navigation systems, and safety-enhancing technologies. Garmins marine segment provides chartplotters, fishfinders, and other navigation products for the marine industry. By analyzing these segments, investors can gain insights into Garmins revenue streams and growth prospects.
To further evaluate Garmins investment potential, investors can examine additional KPIs such as revenue growth, gross margin, and operating expenses. For instance, a steady increase in revenue growth and stable gross margin can indicate a healthy and competitive business. Moreover, Garmins ability to maintain a strong brand reputation and innovate new products will be crucial in driving future growth and profitability.
GRMN Stock Overview
| Market Cap in USD | 45,696m |
| Sub-Industry | Consumer Electronics |
| IPO / Inception | 2000-12-12 |
GRMN Stock Ratings
| Growth Rating | 77.5% |
| Fundamental | 83.5% |
| Dividend Rating | 66.3% |
| Return 12m vs S&P 500 | 18.4% |
| Analyst Rating | 3.0 of 5 |
GRMN Dividends
| Dividend Yield 12m | 2.29% |
| Yield on Cost 5y | 5.71% |
| Annual Growth 5y | 4.42% |
| Payout Consistency | 98.9% |
| Payout Ratio | 40.3% |
GRMN Growth Ratios
| Growth Correlation 3m | 91.9% |
| Growth Correlation 12m | 57.2% |
| Growth Correlation 5y | 56.5% |
| CAGR 5y | 44.07% |
| CAGR/Max DD 3y | 1.58 |
| CAGR/Mean DD 3y | 12.84 |
| Sharpe Ratio 12m | 1.25 |
| Alpha | 15.09 |
| Beta | 0.892 |
| Volatility | 25.49% |
| Current Volume | 528.6k |
| Average Volume 20d | 728.8k |
| Stop Loss | 230.9 (-3%) |
| Signal | -0.05 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (1.57b TTM) > 0 and > 6% of Revenue (6% = 405.5m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA -4.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 57.52% (prev 54.03%; Δ 3.49pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 1.34b <= Net Income 1.57b (YES >=105%, WARN >=100%) |
| Net Debt (-1.92b) to EBITDA (1.94b) ratio: -0.99 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (193.4m) change vs 12m ago 0.27% (target <= -2.0% for YES) |
| Gross Margin 58.94% (prev 57.68%; Δ 1.26pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 70.37% (prev 63.58%; Δ 6.79pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| error: Interest Coverage Ratio cannot be calculated (needs EBITDA TTM and Interest Expense TTM) |
Altman Z'' 8.55
| (A) 0.38 = (Total Current Assets 5.82b - Total Current Liabilities 1.93b) / Total Assets 10.32b |
| (B) 0.58 = Retained Earnings (Balance) 6.04b / Total Assets 10.32b |
| (C) 0.18 = EBIT TTM 1.76b / Avg Total Assets 9.60b |
| (D) 2.80 = Book Value of Equity 6.16b / Total Liabilities 2.20b |
| Total Rating: 8.55 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 83.50
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 2.49% = 1.24 |
| 3. FCF Margin 16.67% = 4.17 |
| 4. Debt/Equity 0.27 = 2.46 |
| 5. Debt/Ebitda 1.13 = 1.58 |
| 6. ROIC - WACC 9.57% = 11.96 |
| 7. RoE 19.82% = 1.65 |
| 8. Rev. Trend 90.76% = 4.54 |
| 9. Rev. CAGR 18.40% = 2.30 |
| 10. EPS Trend 63.85% = 1.60 |
| 11. EPS CAGR 26.24% = 2.50 |
What is the price of GRMN shares?
Over the past week, the price has changed by -0.60%, over one month by +1.66%, over three months by +17.19% and over the past year by +40.05%.
Is Garmin a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GRMN is around 269.44 USD . This means that GRMN is currently undervalued and has a potential upside of +13.17% (Margin of Safety).
Is GRMN a buy, sell or hold?
- Strong Buy: 2
- Buy: 0
- Hold: 5
- Sell: 2
- Strong Sell: 1
What are the forecasts/targets for the GRMN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 213.8 | -10.2% |
| Analysts Target Price | 213.8 | -10.2% |
| ValueRay Target Price | 301.6 | 26.7% |
Last update: 2025-09-09 04:38
GRMN Fundamental Data Overview
CCE Cash And Equivalents = 2.59b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 29.3436
P/E Forward = 28.3286
P/S = 6.7615
P/B = 5.6241
P/EG = 3.413
Beta = 1.014
Revenue TTM = 6.76b USD
EBIT TTM = 1.76b USD
EBITDA TTM = 1.94b USD
Long Term Debt = 266.9m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 1.93b USD (from totalCurrentLiabilities, last quarter)
Debt = 2.20b USD (Calculated: Short Term 1.93b + Long Term 266.9m)
Net Debt = -1.92b USD (from netDebt column, last quarter)
Enterprise Value = 45.31b USD (45.70b + Debt 2.20b - CCE 2.59b)
Interest Coverage Ratio = unknown (Ebit TTM 1.76b / Interest Expense TTM 0.0)
FCF Yield = 2.49% (FCF TTM 1.13b / Enterprise Value 45.31b)
FCF Margin = 16.67% (FCF TTM 1.13b / Revenue TTM 6.76b)
Net Margin = 23.21% (Net Income TTM 1.57b / Revenue TTM 6.76b)
Gross Margin = 58.94% ((Revenue TTM 6.76b - Cost of Revenue TTM 2.78b) / Revenue TTM)
Tobins Q-Ratio = 7.35 (Enterprise Value 45.31b / Book Value Of Equity 6.16b)
Interest Expense / Debt = 1.48% (Interest Expense 32.5m / Debt 2.20b)
Taxrate = 16.75% (284.0m / 1.70b)
NOPAT = 1.46b (EBIT 1.76b * (1 - 16.75%))
Current Ratio = 3.01 (Total Current Assets 5.82b / Total Current Liabilities 1.93b)
Debt / Equity = 0.27 (Debt 2.20b / last Quarter total Stockholder Equity 8.13b)
Debt / EBITDA = 1.13 (Net Debt -1.92b / EBITDA 1.94b)
Debt / FCF = 1.95 (Debt 2.20b / FCF TTM 1.13b)
Total Stockholder Equity = 7.91b (last 4 quarters mean)
RoA = 15.19% (Net Income 1.57b, Total Assets 10.32b )
RoE = 19.82% (Net Income TTM 1.57b / Total Stockholder Equity 7.91b)
RoCE = 21.49% (Ebit 1.76b / (Equity 7.91b + L.T.Debt 266.9m))
RoIC = 18.50% (NOPAT 1.46b / Invested Capital 7.91b)
WACC = 8.93% (E(45.70b)/V(47.90b) * Re(9.30%)) + (D(2.20b)/V(47.90b) * Rd(1.48%) * (1-Tc(0.17)))
Shares Correlation 3-Years: 54.55 | Cagr: 0.01%
Discount Rate = 9.30% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 77.32% ; FCFE base≈1.22b ; Y1≈1.49b ; Y5≈2.48b
Fair Price DCF = 174.7 (DCF Value 33.63b / Shares Outstanding 192.5m; 5y FCF grow 23.76% → 3.0% )
Revenue Correlation: 90.76 | Revenue CAGR: 18.40%
Rev Growth-of-Growth: 2.59
EPS Correlation: 63.85 | EPS CAGR: 26.24%
EPS Growth-of-Growth: -12.88
Additional Sources for GRMN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle