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GRMN

STRONG BUY

Garmin Ltd. · Technology · Switzerland · $44.8B · Avg Vol: $206M/d

91
StockRank
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Q
82
V
44
M
61
P/E (TTM)
27.2x
ROE
19.9%
D/E
0.0x
Dividend %
1.7%

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)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue4.9B5.2B6.3B7.2B14.2%7.5B8.0B8.7B9.8%
EPS5.066.747.358.6519.6%9.009.6810.439.8%
Shares191.6M191.8M192.5M192.6M+0.5%192.9M
Debt114.5M113.0M134.9M164.8M12.9%216.1M
Equity6.2B7.0B7.8B9.0B13.1%
Op CF788.3M1.4B1.4B1.6B27.5%1.7B
Inv CF-145.1M-333.0M-393.3M-645.2M
Fin CF-840.6M-636.5M-626.9M-844.1M
Loading 1Y...
PRICE (1Y)+4.1%
232236240244249May 29Jun 22Jul 13
SMA 50SMA 200
Close
$243.61
RSI (14)
60.3
52W High
$272.11
From 52W High
0.9%

SCORE BREAKDOWN

Quality
82
ROIC
20.2%87.0
ROE
19.9%83.1
GP/Assets
40.2%82.4
Op. Margin
24.6%88.2
FCF/Assets
7.4%70.7
Piotroski
780.2
Int. Cover
50.0x84.6
D/E Ratio
0.02x84.4
Current Ratio
4.36x84.2
Value
44
P/E (TTM)
27.2x57.8
EV/EBITDA
20.6x48.8
P/FCF
55.3x33.2
P/B
5.1x31.6
P/S
6.3x30.1
Div Yield
1.7%57.7
Momentum
61
52W High %
90%90.7
RS 6M
6%66.9
SMA 50/200
1.04x48.0
EPS Rev 4W
0.0%75.7
EPS Rev 12W
+10.0%43.4
EPS Improve
+15%19.3
Q Growth
22%51.8

FUNDAMENTALS

Market Cap
$44.8B
P/E (Forward)
23.7x
Gross Margin
59.1%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of GRMN are excluded.

TickerCompanyMkt CapStockRankSignal
GRMNGarmin Ltd.(you)$44.8B91STRONG BUY
IFCN.SWINFICON Holding AG$5.2B81STRONG BUY
SENS.SWSensirion Holding AG$1.5B80STRONG BUY
COTN.SWComet Holding AG$3.8B51HOLD
LOGILogitech International S.A.$14.0B93STRONG BUY
TEMN.SWTemenos AG$5.5B80BUY
HUBN.SWHuber+Suhner AG$5.0B75BUY
SWON.OLSOFTWAREONE HOLDING$2.0B79BUY
SRADSportradar Group AG$4.4B48HOLD
ALSN.SWALSO Holding AG$3.0B49HOLD

Peer medians: ROE 7.6% · P/E 27.7x · Gross margin 43.3%

Garmin Ltd. (GRMN) — Stock Score Summary

Garmin Ltd. (GRMN) has a MoatMap StockRank of 91/100 based on Quality (82/100), Value (44/100), and Momentum (61/100) factor scores. The current signal is STRONG BUY.

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.

Key Financial Metrics

Price$243.61
Market Cap$44.8B
P/E (TTM)27.17
P/E (Forward)23.68
Price/Book5.09
Return on Equity19.9%
Return on Invested Capital20.2%
Debt/Equity2.33
Gross Margin59.1%
Operating Margin24.6%
Revenue Growth14.2%
Dividend Yield1.7%
Free Cash Flow$810M

Garmin Ltd. operates in the Scientific & Technical Instruments industry, part of the Technology sector (Switzerland).

Frequently Asked Questions

What is Garmin Ltd.’s (GRMN) StockRank?
MoatMap’s StockRank for Garmin Ltd. (GRMN) is 91/100, with a Strong Buy signal. It is a composite of Quality (82), Value (44), and Momentum (61) factor ranks across MoatMap’s 20,000+ stock universe.
Does Garmin Ltd. have an economic moat?
Garmin Ltd. (GRMN) has a Quality factor score of 82/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Garmin Ltd. a buy, hold, or sell?
MoatMap’s current signal for Garmin Ltd. (GRMN) is Strong Buy, based on a StockRank of 91/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Garmin Ltd. in?
Garmin Ltd. (GRMN) operates in the Technology sector, specifically the Scientific & Technical Instruments industry (Switzerland).