Garmin Stock Performance
| GRMN Stock | USD 215.40 0.18 0.08% |
On a scale of 0 to 100, Garmin holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Garmin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Garmin is expected to be smaller as well. Please check Garmin's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Garmin's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Garmin are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain primary indicators, Garmin displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.0836 | Five Day Return (1.05) | Year To Date Return 70.2 | Ten Year Return 312.09 | All Time Return 2.1 K |
Forward Dividend Yield 0.0139 | Payout Ratio 0.4441 | Last Split Factor 2:1 | Forward Dividend Rate 3 | Dividend Date 2025-03-28 |
| Garmin dividend paid on 27th of September 2024 | 09/27/2024 |
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| Begin Period Cash Flow | 1.3 B |
Garmin |
Garmin Relative Risk vs. Return Landscape
If you would invest 17,202 in Garmin on September 15, 2024 and sell it today you would earn a total of 4,338 from holding Garmin or generate 25.22% return on investment over 90 days. Garmin is currently generating 0.3958% in daily expected returns and assumes 3.1627% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Garmin, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Garmin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garmin's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Garmin, and traders can use it to determine the average amount a Garmin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1252
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Estimated Market Risk
| 3.16 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Garmin is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Garmin by adding it to a well-diversified portfolio.
Garmin Fundamentals Growth
Garmin Stock prices reflect investors' perceptions of the future prospects and financial health of Garmin, and Garmin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Garmin Stock performance.
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 39.05 B | ||||
| Shares Outstanding | 192.02 M | ||||
| Price To Earning | 17.96 X | ||||
| Price To Book | 5.51 X | ||||
| Price To Sales | 6.94 X | ||||
| Revenue | 5.23 B | ||||
| Gross Profit | 2.81 B | ||||
| EBITDA | 1.27 B | ||||
| Net Income | 1.29 B | ||||
| Cash And Equivalents | 1.28 B | ||||
| Cash Per Share | 7.62 X | ||||
| Total Debt | 113.03 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.75 X | ||||
| Book Value Per Share | 39.07 X | ||||
| Cash Flow From Operations | 1.38 B | ||||
| Earnings Per Share | 7.86 X | ||||
| Market Capitalization | 41.36 B | ||||
| Total Asset | 8.6 B | ||||
| Retained Earnings | 5.26 B | ||||
| Working Capital | 3.15 B | ||||
| Current Asset | 2.21 B | ||||
| Current Liabilities | 866 M | ||||
About Garmin Performance
By examining Garmin's fundamental ratios, stakeholders can obtain critical insights into Garmin's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Garmin is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 242.36 | 254.48 | |
| Return On Tangible Assets | 0.16 | 0.20 | |
| Return On Capital Employed | 0.18 | 0.25 | |
| Return On Assets | 0.14 | 0.19 | |
| Return On Equity | 0.18 | 0.24 |
Things to note about Garmin performance evaluation
Checking the ongoing alerts about Garmin for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Garmin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Garmin had very high historical volatility over the last 90 days | |
| Garmin is unlikely to experience financial distress in the next 2 years | |
| Garmin has a strong financial position based on the latest SEC filings | |
| About 57.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Is Garmin Ltd. the Best Fitness and Gym Stock to Buy Now |
- Analyzing Garmin's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Garmin's stock is overvalued or undervalued compared to its peers.
- Examining Garmin's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Garmin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Garmin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Garmin's stock. These opinions can provide insight into Garmin's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.545 | Dividend Share 3 | Earnings Share 7.86 | Revenue Per Share 31.044 | Quarterly Revenue Growth 0.241 |
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.