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Garmin BASE:GRMN Stock Report

Last Price

AR$81.50k

Market Cap

AR$41.0t

7D

1.9%

1Y

100.7%

Updated

23 Dec, 2024

Data

Company Financials +

Garmin Ltd.

BASE:GRMN Stock Report

Market Cap: AR$41.0t

GRMN Stock Overview

Designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. More details

GRMN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Rewards

Earnings have grown 7.5% per year over the past 5 years

Pays a reliable dividend of 1.44%

Risk Analysis

Volatile share price over the past 3 months compared to the AR market


My Notes

Capture your thoughts, links and company narrative

Garmin Ltd. Competitors

Panasonic Holdings

TSE:6752

JP¥3.7t

Sony Group

TSE:6758

JP¥19.8t

LG Electronics

KOSE:A066570

₩14.7t

Dixon Technologies (India)

NSEI:DIXON

₹1.1t

Price History & Performance

Summary of share price highs, lows and changes for Garmin
Historical stock prices
Current Share PriceUS$81,500.00
52 Week HighUS$82,700.00
52 Week LowUS$37,720.00
Beta0.99
1 Month Change4.89%
3 Month Change13.59%
1 Year Change100.66%
3 Year Change776.44%
5 Year Change3,284.90%
Change since IPO6,373.39%

Recent News & Updates

Recent updates

Shareholder Returns

GRMNAR Consumer DurablesAR Market
7D1.9%0.8%0.7%
1Y100.7%-12.0%132.9%

Return vs Industry: GRMN exceeded the AR Consumer Durables industry which returned -12% over the past year.

Return vs Market: GRMN underperformed the AR Market which returned 132.9% over the past year.

Price Volatility

Is GRMN's price volatile compared to industry and market?
GRMN volatility
GRMN Average Weekly Movement7.9%
Consumer Durables Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in AR Market8.9%
10% least volatile stocks in AR Market5.0%

Stable Share Price: GRMN's share price has been volatile over the past 3 months compared to the AR market.

Volatility Over Time: GRMN's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of AR stocks.

About the Company

FoundedEmployeesCEOWebsite
198919,900Cliff Albert Pemblewww.garmin.com

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform.

Garmin Ltd. Fundamentals Summary

How do Garmin's earnings and revenue compare to its market cap?
GRMN fundamental statistics
Market capAR$41.02t
Earnings (TTM)AR$1.55t
Revenue (TTM)AR$6.09t

26.4x

P/E Ratio

6.7x

P/S Ratio

Is GRMN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRMN income statement (TTM)
RevenueUS$5.96b
Cost of RevenueUS$2.48b
Gross ProfitUS$3.48b
Other ExpensesUS$1.96b
EarningsUS$1.52b

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.90
Gross Margin58.43%
Net Profit Margin25.48%
Debt/Equity Ratio0%

How did GRMN perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

38%

Payout Ratio

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks
When do you need to buy GRMN by to receive an upcoming dividend?
Garmin dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 27 2024
Days until Ex dividend10 days
Days until Dividend pay date4 days

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Garmin Ltd. is covered by 37 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard RadbourneAtlantic Equities LLP
John BrightAvondale Partners
William PowerBaird