G

Garmin Ltd
NYSE:GRMN

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Garmin Ltd
NYSE:GRMN
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Price: 201.685 USD -0.2%
Market Cap: 38.8B USD

Relative Value

The Relative Value of one GRMN stock under the Base Case scenario is 142.152 USD. Compared to the current market price of 201.685 USD, Garmin Ltd is Overvalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GRMN Relative Value
Base Case
142.152 USD
Overvaluation 30%
Relative Value
Price
G
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
6
Median 3Y
5.5
Median 5Y
5.1
Industry
1.1
Forward
5.3
vs History
22
vs Industry
18
Median 3Y
22.3
Median 5Y
21.8
Industry
18.1
Forward
24.2
vs History
30
vs Industry
13
Median 3Y
23.1
Median 5Y
22.1
Industry
11.6
vs History
44
vs Industry
16
Median 3Y
29.2
Median 5Y
28.4
Industry
15.4
vs History
28
vs Industry
8
Median 3Y
4.3
Median 5Y
4
Industry
1.6
vs History
30
vs Industry
7
Median 3Y
5.1
Median 5Y
4.7
Industry
1.2
Forward
5
vs History
28
vs Industry
14
Median 3Y
8.8
Median 5Y
8
Industry
3.9
vs History
33
vs Industry
14
Median 3Y
18.8
Median 5Y
17.4
Industry
10.4
Forward
17.9
vs History
38
vs Industry
17
Median 3Y
21.6
Median 5Y
19.5
Industry
13.3
Forward
20
vs History
26
vs Industry
15
Median 3Y
21.6
Median 5Y
20.3
Industry
12.2
vs History
42
vs Industry
15
Median 3Y
27.2
Median 5Y
26.3
Industry
15.1
vs History
30
vs Industry
8
Median 3Y
4.7
Median 5Y
4.1
Industry
1.2

Multiples Across Competitors

GRMN Competitors Multiples
Garmin Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CH
Garmin Ltd
NYSE:GRMN
38.8B USD 5.6 24.7 18.5 20.4
JP
Sony Group Corp
TSE:6758
26T JPY 2.1 22.7 9.8 17.4
JP
Panasonic Holdings Corp
TSE:6752
4.3T JPY 0.5 11.8 5.9 11.7
CN
TCL Technology Group Corp
SZSE:000100
94.6B CNY 0.5 30.7 924.7 924.7
KR
LG Electronics Inc
KRX:066570
18T KRW 0.2 24.3 3.6 8.2
IN
Dixon Technologies (India) Ltd
NSE:DIXON
832B INR 1.7 56.7 43.6 53.6
CN
Sichuan Changhong Electric Co Ltd
SSE:600839
42.8B CNY 0.4 31.3 31.7 31.7
CN
Hisense Visual Technology Co Ltd
SSE:600060
33.8B CNY 0.6 13.2 13.1 13.1
CN
Shenzhen MTC Co Ltd
SZSE:002429
30.8B CNY 1.7 25.1 19 19
JP
Nikon Corp
TSE:7731
604.2B JPY 0.9 70.9 16.3 -68.4
CN
TCL Electronics Holdings Ltd
HKEX:1070
27.7B HKD 0.3 12.7 4.8 6.3