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NYSE: GRMN
Garmin Ltd Stock

$162.73+0.67 (+0.41%)
Updated May 23, 2024
GRMN Price
$162.73
Fair Value Price
N/A
Market Cap
$31.26B
52 Week Low
$99.61
52 Week High
$171.64
P/E
22.86x
P/B
4.31x
P/S
5.23x
PEG
N/A
Dividend Yield
1.79%
Revenue
$5.46B
Earnings
$1.36B
Gross Margin
57.7%
Operating Margin
23.9%
Profit Margin
25%
Debt to Equity
0.19
Operating Cash Flow
$2B
Beta
0.92
Next Earnings
Jun 7, 2024
Ex-Dividend
Jun 17, 2024
Next Dividend
Jun 28, 2024

GRMN Overview

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment systems; and cameras, as well as mobile applications. The Aviation segment provides flight display, navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, and in-cockpit and cloud connectivity products; datalink weather receivers and services; engine information, traffic collision avoidance, and terrain awareness and warning systems; wearables, portables, and apps; and training, simulation, flight planning/filing, premium trip, and aviation data services. This segment also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, and digital switching equipment. The Outdoor segment offers outdoor handhelds, smartwatches, golf devices, and dog tracking and training devices; Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms; and Connect IQ application development platform. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and activity tracking devices. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

Zen Score

Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GRMN scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GRMN is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GRMN is good value based on its earnings relative to its share price (22.86x), compared to the US market average (31.54x)
P/E vs Market Valuation
GRMN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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GRMN News

Valuation

GRMN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
22.86x
Industry
12.83x
Market
31.54x
GRMN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GRMN is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

GRMN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.31x
Industry
3.22x
GRMN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GRMN's financial health

Profit margin

Revenue
$1.4B
Net Income
$276.0M
Profit Margin
20%
GRMN's Earnings (EBIT) of $1.31B... subscribe to Premium to read more.
Interest Coverage Financials
GRMN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$8.6B
Liabilities
$1.4B
Debt to equity
0.19
GRMN's short-term assets ($4.52B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRMN's short-term assets ($4.52B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GRMN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GRMN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$435.3M
Investing
-$36.9M
Financing
-$156.2M
GRMN's operating cash flow ($1.53B)... subscribe to Premium to read more.
Debt Coverage Financials

GRMN vs Scientific & Technical Instrument Stocks

TickerMarket Cap1d %P/EP/B
GRMN$31.26B+0.41%22.86x4.31x
FTV$26.61B-1.93%29.52x2.54x
KEYS$25.11B-2.47%26.25x5.21x
TDY$19.02B-2.01%21.37x2.04x
TRMB$13.97B-1.27%45.13x3.10x

Garmin Stock FAQ

What is Garmin's quote symbol?

(NYSE: GRMN) Garmin trades on the NYSE under the ticker symbol GRMN. Garmin stock quotes can also be displayed as NYSE: GRMN.

If you're new to stock investing, here's how to buy Garmin stock.

What is the 52 week high and low for Garmin (NYSE: GRMN)?

(NYSE: GRMN) Garmin's 52-week high was $171.64, and its 52-week low was $99.61. It is currently -5.19% from its 52-week high and 63.37% from its 52-week low.

How much is Garmin stock worth today?

(NYSE: GRMN) Garmin currently has 192,077,718 outstanding shares. With Garmin stock trading at $162.73 per share, the total value of Garmin stock (market capitalization) is $31.26B.

Garmin stock was originally listed at a price of $10.00 in Dec 8, 2000. If you had invested in Garmin stock at $10.00, your return over the last 23 years would have been 1,527.3%, for an annualized return of 12.89% (not including any dividends or dividend reinvestments).

How much is Garmin's stock price per share?

(NYSE: GRMN) Garmin stock price per share is $162.73 today (as of May 23, 2024).

What is Garmin's Market Cap?

(NYSE: GRMN) Garmin's market cap is $31.26B, as of May 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Garmin's market cap is calculated by multiplying GRMN's current stock price of $162.73 by GRMN's total outstanding shares of 192,077,718.
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