Garmin Stock Fundamentals
| GRMN Stock | USD 215.40 0.18 0.08% |
Garmin fundamentals help investors to digest information that contributes to Garmin's financial success or failures. It also enables traders to predict the movement of Garmin Stock. The fundamental analysis module provides a way to measure Garmin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Garmin stock.
At this time, Garmin's Depreciation And Amortization is very stable compared to the past year. As of the 14th of December 2024, Research Development is likely to grow to about 949.9 M, while Interest Expense is likely to drop about 36 M. Garmin | Select Account or Indicator |
Garmin Company Profit Margin Analysis
Garmin's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Garmin Profit Margin | 0.25 % |
Most of Garmin's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Garmin is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Garmin Profit Margin Historical Pattern
Today, most investors in Garmin Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Garmin's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's profit margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Garmin profit margin as a starting point in their analysis.
Garmin Profit Margin |
| Timeline |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Garmin Pretax Profit Margin
Pretax Profit Margin |
|
Based on the latest financial disclosure, Garmin has a Profit Margin of 0.2548%. This is 119.6% lower than that of the Household Durables sector and 191.0% lower than that of the Consumer Discretionary industry. The profit margin for all United States stocks is 120.06% lower than that of the firm.
Garmin Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Garmin's current stock value. Our valuation model uses many indicators to compare Garmin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Garmin competition to find correlations between indicators driving Garmin's intrinsic value. More Info.Garmin is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Garmin is roughly 2.14 . At this time, Garmin's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Garmin's earnings, one of the primary drivers of an investment's value.Garmin's Earnings Breakdown by Geography
Garmin Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Garmin's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Garmin could also be used in its relative valuation, which is a method of valuing Garmin by comparing valuation metrics of similar companies.Garmin is currently under evaluation in profit margin category among its peers.
Garmin ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Garmin's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Garmin's managers, analysts, and investors.Environmental | Governance | Social |
Garmin Fundamentals
| 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 | ||||
| Shares Owned By Insiders | 19.22 % | ||||
| Shares Owned By Institutions | 57.45 % | ||||
| Number Of Shares Shorted | 2.01 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 | ||||
| Short Ratio | 2.57 X | ||||
| Earnings Per Share | 7.86 X | ||||
| Price To Earnings To Growth | 3.20 X | ||||
| Target Price | 186.02 | ||||
| Number Of Employees | 19.9 K | ||||
| Beta | 0.98 | ||||
| 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 | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.57 % | ||||
| Net Asset | 8.6 B | ||||
| Last Dividend Paid | 3.0 |
About Garmin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Garmin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Garmin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Garmin based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 101.2 M | 121.5 M | |
| Total Revenue | 5.2 B | 2.8 B | |
| Cost Of Revenue | 2.2 B | 1.3 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.14 | 0.10 | |
| Research And Ddevelopement To Revenue | 0.15 | 0.10 | |
| Capex To Revenue | 0.06 | 0.05 | |
| Revenue Per Share | 22.72 | 23.85 | |
| Ebit Per Revenue | 0.24 | 0.30 |
Pair Trading with Garmin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Garmin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Garmin will appreciate offsetting losses from the drop in the long position's value.Moving together with Garmin Stock
Moving against Garmin Stock
| 0.88 | ST | Sensata Technologies | PairCorr |
| 0.69 | WATT | Energous | PairCorr |
| 0.66 | SVREW | SaverOne 2014 | PairCorr |
| 0.55 | VPG | Vishay Precision | PairCorr |
The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Garmin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Garmin to buy it.
The correlation of Garmin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Garmin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Garmin Piotroski F Score and Garmin Altman Z Score analysis. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.