Garmin Ltd.

BRSE:011440532 Stock Report

Market Cap: CHF 41.9b

Garmin Valuation

Is 011440532 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 011440532 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CHF 108.10
Fair Value
81.3% overvalued intrinsic discount
8
Number of Analysts

Below Fair Value: 011440532 (CHF196.04) is trading above our estimate of fair value (CHF108.1)

Significantly Below Fair Value: 011440532 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 011440532?

Key metric: As 011440532 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 011440532. This is calculated by dividing 011440532's market cap by their current earnings.
What is 011440532's PE Ratio?
PE Ratio33x
EarningsUS$1.41b
Market CapUS$46.55b

Price to Earnings Ratio vs Peers

How does 011440532's PE Ratio compare to its peers?

The above table shows the PE ratio for 011440532 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.1x
CFR Compagnie Financière Richemont
33.3x12.4%CHF 106.3b
UHR Swatch Group
46.1x23.2%CHF 8.8b
6752 Panasonic Holdings
12.8x12.2%JP¥4.2t
6758 Sony Group
20.3x3.2%JP¥22.5t
011440532 Garmin
33x9.1%CHF 46.5b

Price-To-Earnings vs Peers: 011440532 is expensive based on its Price-To-Earnings Ratio (33x) compared to the peer average (28x).

Price to Earnings Ratio vs Industry

How does 011440532's PE Ratio compare vs other companies in the European Consumer Durables Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
011440532 33.0xIndustry Avg. 14.1xNo. of Companies9PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 011440532 is expensive based on its Price-To-Earnings Ratio (33x) compared to the European Consumer Durables industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is 011440532's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

011440532 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 011440532's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 011440532 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
CHF 188.30
0%
15.0%CHF 238.31CHF 162.88n/a8
Feb ’26CHF 188.06
CHF 171.94
-8.6%
16.5%CHF 236.98CHF 141.30n/a8
Jan ’26n/a
CHF 171.94
0%
16.5%CHF 236.98CHF 141.30n/a8
Dec ’25CHF 187.09
CHF 164.92
-11.9%
10.3%CHF 190.61CHF 140.08n/a8
Nov ’25n/a
CHF 153.39
0%
14.1%CHF 185.65CHF 128.75n/a8
Oct ’25CHF 148.68
CHF 141.11
-5.1%
16.0%CHF 180.75CHF 111.81n/a7
Sep ’25n/a
CHF 142.22
0%
11.1%CHF 162.86CHF 118.40n/a8
Aug ’25n/a
CHF 144.19
0%
11.1%CHF 165.11CHF 120.04n/a8
Jul ’25n/a
CHF 137.82
0%
12.1%CHF 160.20CHF 114.43n/a8
Jun ’25n/a
CHF 137.82
0%
12.1%CHF 160.20CHF 114.43n/a8
May ’25n/a
CHF 135.97
0%
11.9%CHF 160.85CHF 114.89n/a9
Apr ’25CHF 131.16
CHF 122.26
-6.8%
11.3%CHF 154.75CHF 106.11n/a9
Mar ’25n/a
CHF 122.26
0%
11.3%CHF 154.75CHF 106.11n/a9
Feb ’25n/a
CHF 109.50
0%
13.5%CHF 142.18CHF 86.17CHF 188.068
Jan ’25n/a
CHF 111.80
0%
13.8%CHF 146.16CHF 88.58n/a8
Dec ’24n/a
CHF 111.80
0%
13.8%CHF 146.16CHF 88.58CHF 187.098
Nov ’24n/a
CHF 111.49
0%
13.8%CHF 149.79CHF 93.51n/a8
Oct ’24n/a
CHF 109.06
0%
14.2%CHF 146.83CHF 91.66CHF 148.688
Sep ’24CHF 90.56
CHF 108.19
+19.5%
14.9%CHF 144.47CHF 90.18n/a7
Aug ’24CHF 90.09
CHF 105.28
+16.9%
16.3%CHF 143.90CHF 90.70n/a7
Jul ’24n/a
CHF 107.63
0%
17.4%CHF 146.16CHF 92.13n/a6
Jun ’24CHF 91.31
CHF 107.63
+17.9%
17.4%CHF 146.16CHF 92.13n/a6
May ’24CHF 83.24
CHF 113.07
+35.8%
18.5%CHF 150.94CHF 90.56n/a5
Apr ’24CHF 89.08
CHF 113.07
+26.9%
18.5%CHF 150.94CHF 90.56CHF 131.165
Mar ’24CHF 93.12
CHF 111.84
+20.1%
18.8%CHF 154.00CHF 92.40n/a6
Feb ’24CHF 93.82
CHF 108.84
+16.0%
20.6%CHF 153.12CHF 84.45n/a7
Analyst Price Target
Consensus Narrative from 8 Analysts
CHF 169.67
Fair Value
15.5% overvalued intrinsic discount
8
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 09:37
End of Day Share Price 2025/02/10 00:00
Earnings2024/12/28
Annual Earnings2024/12/28

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.

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 Github.

Analyst Sources

Garmin Ltd. is covered by 34 analysts. 7 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