Garmin Ltd
NASDAQ:GRMN
Intrinsic Value
The intrinsic value of one
GRMN
stock under the Base Case scenario is
80.72
USD.
Compared to the current market price of 98.7 USD,
Garmin Ltd
is
Overvalued by 18%.
The Intrinsic Value is calculated as the average of the two valuation methods:
Fundamental Analysis
GRMN Profitability Score
Profitability Due Diligence
Garmin Ltd's profitability score is 63/100. The higher the profitability score, the more profitable the company is.
Score
Garmin Ltd's profitability score is 63/100. The higher the profitability score, the more profitable the company is.
GRMN Solvency Score
Solvency Due Diligence
Garmin Ltd's solvency score is 79/100. The higher the solvency score, the more solvent the company is.
Score
Garmin Ltd's solvency score is 79/100. The higher the solvency score, the more solvent the company is.
Balance Sheet Decomposition
Garmin Ltd
| Current Assets | 4B |
| Cash & Short-Term Investments | 1.5B |
| Receivables | 668M |
| Other Current Assets | 1.8B |
| Non-Current Assets | 3.8B |
| Long-Term Investments | 1.2B |
| PP&E | 1.3B |
| Intangibles | 746M |
| Other Non-Current Assets | 536M |
| Current Liabilities | 1.2B |
| Accounts Payable | 212M |
| Accrued Liabilities | 522M |
| Other Current Liabilities | 477M |
| Non-Current Liabilities | 315M |
| Other Non-Current Liabilities | 315M |
GRMN Capital Structure
Garmin Ltd
| Market Capitalization | 19B USD | |
| Total Debt | 0 USD | |
| Minority Interest | 0 USD | |
| Preferred Equity | 0 USD | |
| Cash and Equivalents | 1.3B USD | |
| Short-Term Investments | 173M USD | |
| Enterprise Value | 17.5B USD | |
Wall St
Price Targets
GRMN Price Targets Summary
Garmin Ltd
According to Wall Street analysts, the average 1-year price target for
GRMN
is 112.2 USD
with a low forecast of 99.99 USD and a high forecast of 136.5 USD.
Ownership
GRMN Insider Trading
Buy and sell transactions by insiders
During the last 12 months Garmin Ltd insiders have not bought any shares, and sold 6.7M USD worth of shares. The last transaction was made on Mar 30, 2023 by Desbois Patrick (EVP, Operations), who sold 393k USD worth of GRMN shares.
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
1.6M
USD
|
N/A
|
-1.6M
|
| 6 Months |
4.2M
USD
|
N/A
|
-4.2M
|
| 9 Months |
6.7M
USD
|
N/A
|
-6.7M
|
| 12 Months |
6.7M
USD
|
N/A
|
-6.7M
|
Shareholder Return
GRMN Return Decomposition
Main factors of price return
Market capitalization of
GRMN
shares
increased
by
92.41%
over the past 5 years.
The primary factor behind the change was
an increase
in earnings growth from
600M
to
974M, leading to a
growth
in the market capitalization of Garmin Ltd by 68.33%.
Market capitalization of
GRMN
shares
increased
by
92.41%
over the past 5 years.
The primary factor behind the change was
an increase
in earnings growth from
600M
to
974M, leading to a
growth
in the market capitalization of Garmin Ltd by 68.33%.
GRMN Price
Garmin Ltd
| Average Annual Return | 27.56% |
| Standard Deviation of Annual Returns | 23.29% |
| Max Drawdown | -55% |
| Market Capitalization | 19B USD |
| Shares Outstanding | 191 664 000 |
| Percentage of Shares Shorted | 1.34% |
Company Profile
Garmin Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. The company is headquartered in Schaffhausen, Schaffhausen and currently employs 18,700 full-time employees. The company went IPO on 2000-12-08. The firm operates through five segments. The company offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. The company offers products to consumers around the world, including Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. The company offers a range of products designed for use in fitness and activity tracking. Garmin offers a range of products designed for use in fitness and activity tracking. Its aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles and unmanned aerial vehicles.
Contact
IPO
Employees
Officers
The intrinsic value of one
GRMN
stock under the Base Case scenario is
80.72
USD.
Compared to the current market price of 98.7 USD,
Garmin Ltd
is
Overvalued by 18%.
