Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.
GRMN
Strong BuyPremium GrowerFLAGGarmin Ltd. · Technology · Switzerland · $55.0B · Avg Vol: $270M/d
Garmin has strong quality at Q82 with M64, but value at V44 is below the calibrated floor. A genuinely good business at a full price, which is exactly the configuration the recalibrated bar refuses without corroboration.
COMPANY DESCRIPTION
Garmin Ltd. is a global leader in GPS navigation technology, designing, manufacturing, and marketing a diverse range of products across automotive, aviation, marine, outdoor, and fitness markets. The company's competitive moat stems from its strong brand reputation, deep engineering expertise, vertical integration in manufacturing, and a relentless focus on innovation that caters to specialized niche markets.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.9B | 5.2B | 6.3B | 7.2B | 14.2% | 7.7B | 8.1B | 9.0B | 11.2% |
| EPS | 5.06 | 6.74 | 7.35 | 8.65 | 19.6% | 9.70 | 10.23 | 11.12 | 13.4% |
| Shares | 191.6M | 191.8M | 192.5M | 192.6M | +0.5% | 192.9M | — | — | — |
| Debt | 114.5M | 113.0M | 134.9M | 164.8M | 12.9% | 226.9M | — | — | — |
| Equity | 6.2B | 7.0B | 7.8B | 9.0B | 13.1% | — | — | — | — |
| Op CF | 788.3M | 1.4B | 1.4B | 1.6B | 27.5% | 2.0B | — | — | — |
| Inv CF | -145.1M | -333.0M | -393.3M | -645.2M | — | — | — | — | — |
| Fin CF | -840.6M | -636.5M | -626.9M | -844.1M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of GRMN are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| GRMN | Garmin Ltd.(you) | $55.0B | 84 | Strong Buy |
| KEYS | Keysight Technologies, Inc. | $54.5B | 77 | Buy |
| 6861.T | Keyence Corporation | $125.7B | 80 | Buy |
| 2360.TW | Chroma ATE Inc. | $26.9B | 75 | Buy |
| TDY | Teledyne Technologies Incorporated | $28.8B | 65 | Hold |
| CGNX | Cognex Corporation | $10.2B | 84 | Strong Buy |
| HEXA-B.ST | Hexagon AB (publ) | $28.1B | 61 | Hold |
| COHR | Coherent Corp. | $54.7B | 46 | Hold |
| MKSI | MKS Inc. | $17.3B | 67 | Buy |
| CDA.AX | Codan Limited | $6.2B | 84 | Strong Buy |
Peer medians: ROE 7.6% · P/E 28.3x · Gross margin 32.4%