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NYSE: GRMN
Garmin Ltd Stock

$98.46-3.08 (-3.03%)
Updated Feb 6, 2023
GRMN Price
$98.46
Fair Value Price
N/A
Market Cap
$18.87B
52 Week Low
$76.37
52 Week High
$129.07
P/E
19.61x
P/B
3.21x
P/S
3.23x
PEG
3.12x
Dividend Yield
2.9%
Revenue
$4.95B
Earnings
$966.45M
Gross Margin
57.3%
Operating Margin
21.11%
Profit Margin
19.5%
Debt to Equity
0.3
Operating Cash Flow
$589M
Beta
0.91
Next Earnings
Feb 22, 2023
Ex-Dividend
Mar 14, 2023
Next Dividend
Mar 31, 2023

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 (29)
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Due Diligence Checks

GRMN ($98.46) is trading above its intrinsic value of $42.21, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GRMN is poor value based on its earnings relative to its share price (19.61x), compared to the US market average (14.99x)
P/E vs Market Valuation
GRMN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more GRMN due diligence checks available for Premium users.

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GRMN News

Valuation

GRMN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
19.61x
Industry
27.1x
Market
14.99x
GRMN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GRMN is poor 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
3.21x
Industry
3.19x
GRMN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GRMN price to earnings growth (PEG)

For valuing profitable companies with growth potential
GRMN is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

GRMN's financial health

Profit margin

Revenue
$1.1B
Net Income
$210.8M
Profit Margin
18.5%
GRMN's Earnings (EBIT) of $1.04B... subscribe to Premium to read more.
Interest Coverage Financials
GRMN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$7.6B
Liabilities
$1.7B
Debt to equity
0.3
GRMN's short-term assets ($3.97B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRMN's short-term assets ($3.97B) 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
$154.1M
Investing
$78.0M
Financing
-$220.9M
GRMN's operating cash flow ($588.56M)... subscribe to Premium to read more.
Debt Coverage Financials

GRMN vs Scientific & Technical Instrument Stocks

TickerMarket Cap1d %P/EP/B
GRMN$18.87B-3.03%19.61x3.21x
TDY$20.25B-0.36%27.73x2.63x
TRMB$14.54B-2.26%30.70x3.78x
FTV$24.39B-0.20%35.72x2.60x
CGNX$9.41B-2.68%43.87x6.77x

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 $129.07, and its 52-week low was $76.37. It is currently -23.72% from its 52-week high and 28.92% from its 52-week low.

How much is Garmin stock worth today?

(NYSE: GRMN) Garmin currently has 191,663,933 outstanding shares. With Garmin stock trading at $98.46 per share, the total value of Garmin stock (market capitalization) is $18.87B.

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 22 years would have been 884.6%, for an annualized return of 10.96% (not including any dividends or dividend reinvestments).

How much is Garmin's stock price per share?

(NYSE: GRMN) Garmin stock price per share is $98.46 today (as of Feb 6, 2023).

What is Garmin's Market Cap?

(NYSE: GRMN) Garmin's market cap is $18.87B, as of Feb 7, 2023.

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 $98.46 by GRMN's total outstanding shares of 191,663,933.
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