Garmin Ltd.
New York Stock ExchangeTotal Valuation
Garmin Ltd. carries a market capitalization of 45.89B, placing it among publicly traded companies globally. Its enterprise value stands at 42.13B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 45.89B |
| Enterprise Value | 42.13B |
Share Statistics
Garmin Ltd. currently has 192.90M shares outstanding.
| Shares Outstanding | 192.90M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Garmin Ltd. trades at a trailing price-to-earnings ratio of 25.72. The price-to-sales ratio is 5.98, and the price-to-book ratio stands at 6.04.
| PE Ratio | 25.72 |
| PS Ratio | 5.98 |
| PB Ratio | 6.04 |
| P/TBV Ratio | 5.36 |
| P/FCF Ratio | 21.96 |
| P/OCF Ratio | 25.54 |
Enterprise Valuation
On an enterprise value basis, Garmin Ltd. trades at an EV/EBITDA multiple of 19.45 and an EV/FCF ratio of 20.60. The EV/Sales ratio of 5.64 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 21.33 provides insight into valuation relative to core operating earnings.
| EV / Sales | 5.64 |
| EV / EBITDA | 19.45 |
| EV / EBIT | 21.33 |
| EV / FCF | 20.60 |
Financial Position
Garmin Ltd. maintains a current ratio of 4.36, meaning it holds 4.4x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 4.36 |
| Quick Ratio | 2.65 |
| Debt / Equity | 1.81 |
| Debt / EBITDA | 0.08 |
| Interest Coverage | N/A |
Financial Efficiency
Garmin Ltd. posts a return on equity of 25.26 and a return on invested capital of 17.77.
| Return on Equity (ROE) | 25.26 |
| Return on Assets (ROA) | 16.74 |
| Return on Invested Capital (ROIC) | 17.77 |
| Return on Capital Employed (ROCE) | 24.71 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 1.78 |
Taxes
Over the trailing twelve months, Garmin Ltd. has paid 361.79M in income taxes, reflecting an effective tax rate of 17.24.
| Income Tax | 361.79M |
| Effective Tax Rate | 17.24 |
Stock Price Statistics
Garmin Ltd.'s stock has gained approximately 16.35208% over the past 52 weeks. The 50-day moving average sits at 244.75, while the 200-day moving average is 228.68.
| Beta (5Y) | N/A |
| 52-Week Price Change | 16.35208% |
| 50-Day Moving Average | 244.75 |
| 200-Day Moving Average | 228.68 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Garmin Ltd. generated 7.46B in revenue and converted that into 1.74B in net income, yielding earnings per share of 8.97. EBITDA reached 2.17B, while operating income came in at 1.97B.
| Revenue | 7.46B |
| Gross Profit | 4.41B |
| Operating Income | 1.97B |
| Pretax Income | 2.10B |
| Net Income | 1.74B |
| EBITDA | 2.17B |
| EBIT | 1.97B |
| Earnings Per Share (EPS) | 8.97 |
Balance Sheet
Garmin Ltd. holds 2.70B in cash and equivalents against 167.61M in total debt, resulting in a net debt position of -2.29B. Total book value stands at 7.39B, with working capital of 4.62B providing operational flexibility.
| Cash & Cash Equivalents | 2.70B |
| Total Debt | 167.61M |
| Net Debt | -2.29B |
| Equity (Book Value) | 7.39B |
| Book Value Per Share | 38.41 |
| Working Capital | 4.62B |
Cash Flow
Garmin Ltd. produced 1.75B in operating cash flow over the past twelve months. After subtracting -297.00M in capital expenditures, free cash flow totaled 1.45B - equivalent to 7.54 per share.
| Operating Cash Flow | 1.75B |
| Capital Expenditures | -297.00M |
| Free Cash Flow | 1.45B |
| FCF Per Share | 7.54 |
Margins
Garmin Ltd. operates with a gross margin of 59.14, reflecting its pricing power and cost economics. The operating margin of 26.46 and net profit margin of 23.26 provide insight into operational efficiency.
| Gross Margin | 59.14 |
| Operating Margin | 26.46 |
| Pretax Margin | 28.11 |
| Profit Margin | 23.26 |
| EBITDA Margin | 29.03 |
Dividends & Yields
The company's payout ratio of 39.91 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 3.60 |
| Dividend Yield | N/A |
| Payout Ratio | 39.91 |
| Shareholder Yield | 2.01 |
| FCF Yield | 4.55 |
Stock Splits
Garmin Ltd.'s most recent stock split took place on August 16, 2006 with a 1:2 split ratio.
| Last Split Date | 8/16/2006 |
| Split Ratio | 1:2 |
Scores
Garmin Ltd. posts an Altman Z-Score of 18.92, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 18.92 |