Garmin Ltd.
New York Stock ExchangeTotal Valuation
Garmin Ltd. carries a market capitalization of 53.43B, placing it among publicly traded companies globally. Its enterprise value stands at 43.34B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 53.43B |
| Enterprise Value | 43.34B |
Share Statistics
Garmin Ltd. currently has 192.91M shares outstanding.
| Shares Outstanding | 192.91M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Garmin Ltd. trades at a trailing price-to-earnings ratio of 24.37. The price-to-sales ratio is 5.96, and the price-to-book ratio stands at 5.08.
| PE Ratio | 24.37 |
| PS Ratio | 5.96 |
| PB Ratio | 5.08 |
| P/TBV Ratio | 5.66 |
| P/FCF Ratio | 19.50 |
| P/OCF Ratio | 23.12 |
Enterprise Valuation
On an enterprise value basis, Garmin Ltd. trades at an EV/EBITDA multiple of 18.75 and an EV/FCF ratio of 18.38. The EV/Sales ratio of 5.65 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 20.46 provides insight into valuation relative to core operating earnings.
| EV / Sales | 5.65 |
| EV / EBITDA | 18.75 |
| EV / EBIT | 20.46 |
| EV / FCF | 18.38 |
Financial Position
Garmin Ltd. maintains a current ratio of 3.03, meaning it holds 3.0x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 3.03 |
| Quick Ratio | 1.83 |
| Debt / Equity | 1.97 |
| Debt / EBITDA | 0.08 |
| Interest Coverage | N/A |
Financial Efficiency
Garmin Ltd. posts a return on equity of 21.89 and a return on invested capital of 19.38.
| Return on Equity (ROE) | 21.89 |
| Return on Assets (ROA) | 17.26 |
| Return on Invested Capital (ROIC) | 19.38 |
| Return on Capital Employed (ROCE) | 21.48 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 1.63 |
Taxes
Over the trailing twelve months, Garmin Ltd. has paid 391.50M in income taxes, reflecting an effective tax rate of 17.26.
| Income Tax | 391.50M |
| Effective Tax Rate | 17.26 |
Stock Price Statistics
Garmin Ltd.'s stock has gained approximately 15.66532% over the past 52 weeks. The 50-day moving average sits at 272.51, while the 200-day moving average is 238.37.
| Beta (5Y) | N/A |
| 52-Week Price Change | 15.66532% |
| 50-Day Moving Average | 272.51 |
| 200-Day Moving Average | 238.37 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Garmin Ltd. generated 7.67B in revenue and converted that into 1.88B in net income, yielding earnings per share of 9.70. EBITDA reached 2.31B, while operating income came in at 2.12B.
| Revenue | 7.67B |
| Gross Profit | 4.61B |
| Operating Income | 2.12B |
| Pretax Income | 2.27B |
| Net Income | 1.88B |
| EBITDA | 2.31B |
| EBIT | 2.12B |
| Earnings Per Share (EPS) | 9.70 |
Balance Sheet
Garmin Ltd. holds 2.67B in cash and equivalents against 177.96M in total debt, resulting in a net debt position of -2.33B. Total book value stands at 9.03B, with working capital of 4.23B providing operational flexibility.
| Cash & Cash Equivalents | 2.67B |
| Total Debt | 177.96M |
| Net Debt | -2.33B |
| Equity (Book Value) | 9.03B |
| Book Value Per Share | 46.80 |
| Working Capital | 4.23B |
Cash Flow
Garmin Ltd. produced 1.98B in operating cash flow over the past twelve months. After subtracting -379.10M in capital expenditures, free cash flow totaled 1.60B - equivalent to 8.31 per share.
| Operating Cash Flow | 1.98B |
| Capital Expenditures | -379.10M |
| Free Cash Flow | 1.60B |
| FCF Per Share | 8.31 |
Margins
Garmin Ltd. operates with a gross margin of 60.08, reflecting its pricing power and cost economics. The operating margin of 27.61 and net profit margin of 24.47 provide insight into operational efficiency.
| Gross Margin | 60.08 |
| Operating Margin | 27.61 |
| Pretax Margin | 29.57 |
| Profit Margin | 24.47 |
| EBITDA Margin | 30.13 |
Dividends & Yields
The company's payout ratio of 38.47 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 3.75 |
| Dividend Yield | N/A |
| Payout Ratio | 38.47 |
| Shareholder Yield | 1.97 |
| FCF Yield | 5.13 |
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 14.31, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 14.31 |