GEY Stock Overview

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

GEY fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Earnings are forecast to grow 8.55% per year

Earnings grew by 7.8% over the past year

Risk Analysis

Shares are highly illiquid

Significant insider selling over the past 3 months

Dividend of 1.57% is not well covered by earnings

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

Garmin Ltd. Competitors

adidas

XTRA:ADS

€37.3b

Panasonic Holdings

TSE:6752

JP¥4.1t

PUMA

XTRA:PUM

€3.3b

Hugo Boss

XTRA:BOSS

€2.7b

Price History & Performance

Summary of share price highs, lows and changes for Garmin
Historical stock prices
Current Share Price	US$160.00
52 Week High	US$163.00
52 Week Low	US$160.00
Beta	1.0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1,085.19%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	GEY	DE Consumer Durables	DE Market
7D	n/a	4.3%	0.4%
1Y	n/a	22.2%	13.1%

Return vs Industry: Insufficient data to determine how GEY performed against the German Consumer Durables industry.

Return vs Market: Insufficient data to determine how GEY performed against the German Market.

Price Volatility

Is GEY's price volatile compared to industry and market?
GEY volatility
GEY Average Weekly Movement	n/a
Consumer Durables Industry Average Movement	5.0%
Market Average Movement	6.4%
10% most volatile stocks in DE Market	12.9%
10% least volatile stocks in DE Market	3.1%

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

Volatility Over Time: Insufficient data to determine GEY's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1989	21,800	Cliff Albert Pemble	www.garmin.com

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. The company offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; 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, enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response communication device; and Dive devices.

Garmin Ltd. Fundamentals Summary

How do Garmin's earnings and revenue compare to its market cap?
GEY fundamental statistics
Market cap	€32.75b
Earnings (TTM)	€1.30b
Revenue (TTM)	€5.73b

25.1x

P/E Ratio

5.7x

P/S Ratio

Is GEY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GEY income statement (TTM)
Revenue	US$6.45b
Cost of Revenue	US$2.67b
Gross Profit	US$3.78b
Other Expenses	US$2.31b
Earnings	US$1.47b

Last Reported Earnings

Mar 29, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	7.63
Gross Margin	58.59%
Net Profit Margin	22.76%
Debt/Equity Ratio	0%

How did GEY perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

0%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/12 14:07
End of Day Share Price	2025/05/09 00:00
Earnings	2025/03/29
Annual Earnings	2024/12/28

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 36 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.

Analyst	Institution
Richard Radbourne	Atlantic Equities LLP
John Bright	Avondale Partners
William Power	Baird