Garmin Ltd. (GRMN)
Garmin Ltd. Statistics
Share Statistics
Garmin Ltd. has 192.03M shares outstanding. The number of shares has increased by 0.13% in one year.
| Shares Outstanding | 192.03M |
| Shares Change (YoY) | 0.13% |
| Shares Change (QoQ) | -0.1% |
| Owned by Institutions (%) | 55.05% |
| Shares Floating | 154.76M |
| Failed to Deliver (FTD) Shares | 1.63K |
| FTD / Avg. Volume | 0.2% |
Short Selling Information
The latest short interest is 2.94M, so 1.53% of the outstanding shares have been sold short.
| Short Interest | 2.94M |
| Short % of Shares Out | 1.53% |
| Short % of Float | 1.9% |
| Short Ratio (days to cover) | 3.86 |
Valuation Ratios
The PE ratio is 0 and the forward PE ratio is 28.32. Garmin Ltd.'s PEG ratio is 0.
| PE Ratio | 0 |
| Forward PE | 28.32 |
| PS Ratio | 0 |
| Forward PS | 5.5 |
| PB Ratio | 0 |
| P/FCF Ratio | 0 |
| PEG Ratio | 0 |
Enterprise Valuation
Garmin Ltd. has an Enterprise Value (EV) of 23.02B.
| EV / Earnings | 16.31 |
| EV / Sales | 3.66 |
| EV / EBITDA | 14.44 |
| EV / EBIT | 14.44 |
| EV / FCF | 18.58 |
Financial Position
The company has a current ratio of 3.54, with a Debt / Equity ratio of 0.02.
| Current Ratio | 3.54 |
| Quick Ratio | 2.56 |
| Debt / Equity | 0.02 |
| Total Debt / Capitalization | 1.69 |
| Cash Flow / Debt | 10.62 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.18% and return on capital (ROIC) is 16.62%.
| Return on Equity (ROE) | 0.18% |
| Return on Assets (ROA) | 0.15% |
| Return on Capital (ROIC) | 16.62% |
| Revenue Per Employee | 316.43K |
| Profits Per Employee | 70.93K |
| Employee Count | 19.90K |
| Asset Turnover | 0.65 |
| Inventory Turnover | 1.76 |
Taxes
| Income Tax | 283.96M |
| Effective Tax Rate | 0.17 |
Stock Price Statistics
The stock price has increased by 70.85% in the last 52 weeks. The beta is 0.99, so Garmin Ltd.'s price volatility has been higher than the market average.
| Beta | 0.99 |
| 52-Week Price Change | 70.85% |
| 50-Day Moving Average | 213.79 |
| 200-Day Moving Average | 185.3 |
| Relative Strength Index (RSI) | 77.41 |
| Average Volume (20 Days) | 810.31K |
Income Statement
In the last 12 months, Garmin Ltd. had revenue of 6.30B and earned 1.41B in profits. Earnings per share was 7.35.
| Revenue | 6.30B |
| Gross Profit | 3.70B |
| Operating Income | 1.59B |
| Net Income | 1.41B |
| EBITDA | 1.59B |
| EBIT | 1.59B |
| Earnings Per Share (EPS) | 7.35 |
Balance Sheet
The company has 2.08B in cash and 134.89M in debt, giving a net cash position of 1.94B.
| Cash & Cash Equivalents | 2.08B |
| Total Debt | 134.89M |
| Net Cash | 1.94B |
| Retained Earnings | 6.00B |
| Total Assets | 9.63B |
| Working Capital | 3.83B |
Cash Flow
In the last 12 months, operating cash flow was 1.43B and capital expenditures -193.57M, giving a free cash flow of 1.24B.
| Operating Cash Flow | 1.43B |
| Capital Expenditures | -193.57M |
| Free Cash Flow | 1.24B |
| FCF Per Share | 0 |
Margins
Gross margin is 58.7%, with operating and profit margins of 25.31% and 22.41%.
| Gross Margin | 58.7% |
| Operating Margin | 25.31% |
| Pretax Margin | 26.92% |
| Profit Margin | 22.41% |
| EBITDA Margin | 25.31% |
| EBIT Margin | 25.31% |
| FCF Margin | 19.67% |
Dividends & Yields
GRMN pays an annual dividend of $3, which amounts to a dividend yield of 1.24%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.24% |
| Dividend Growth (YoY) | 2.74% |
| Payout Ratio | 38.17% |
| Earnings Yield | 3.22% |
| FCF Yield | 2.83% |
Analyst Forecast
The average price target for GRMN is $188, which is -17.6% lower than the current price. The consensus rating is "Sell".
| Price Target | $188 |
| Price Target Difference | -17.6% |
| Analyst Consensus | Sell |
| Analyst Count | 5 |
Stock Splits
The last stock split was on Aug 16, 2006. It was a forward split with a ratio of 2:1.
| Last Split Date | Aug 16, 2006 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 18.19 |
| Piotroski F-Score | 6 |