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Garmin Ltd.
NYSE-GRMN
Company Overview
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Name
Garmin Ltd.
CEO
Mr. Clifton Albert Pemble
Website
www.garmin.com
Sector
Household Durables
Year Founded
1989
Profile
Market Cap
$34.75B
EV
$31.46B
Shares Out
192.21M
Revenue
$5,648.35M
Employees
19,900
Margins
Gross
57.68%
EBITDA
25.32%
Operating
22.15%
Pre-Tax
24%
Net
24.36%
FCF
23.89%
Returns (5Yr Avg)
ROA
15.01%
ROTA
20.83%
ROE
19.1%
ROCE
18.49%
ROIC
21.48%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$165.05
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$2,226.14M
Net Debt
-$3,283.67M
Debt/Equity
0.02
EBIT/Interest
—
Growth (CAGR)
Rev 3Yr
5.14%
Rev 5Yr
10.28%
Rev 10Yr
7.41%
Dil EPS 3Yr
5.1%
Dil EPS 5Yr
12.96%
Dil EPS 10Yr
7.92%
Rev Fwd 2Yr
11.23%
EBITDA Fwd 2Yr
12.4%
EPS Fwd 2Yr
8.74%
EPS LT Growth Est
9.78%
Dividends
Yield
—
Payout
41.79%
DPS
$3
DPS Growth 3Yr
3.83%
DPS Growth 5Yr
5.64%
DPS Growth 10Yr
4.56%
DPS Growth Fwd 2Yr
3.14%