Garmin Ltd. (GRMN)
Garmin Statistics
Share Statistics
Garmin has 192.4M shares outstanding. The number of shares has increased by 0.17% in one year.
| Shares Outstanding | 192.4M |
| Shares Change (YoY) | 0.17% |
| Shares Change (QoQ) | 0.2% |
| Owned by Institutions (%) | 55.75% |
| Shares Floating | 162.2M |
| Failed to Deliver (FTD) Shares | 28 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.96M, so 1.54% of the outstanding shares have been sold short.
| Short Interest | 2.96M |
| Short % of Shares Out | 1.54% |
| Short % of Float | 1.82% |
| Short Ratio (days to cover) | 2.23 |
Valuation Ratios
The PE ratio is 28.5 and the forward PE ratio is 22.41. Garmin's PEG ratio is 3.15.
| PE Ratio | 28.5 |
| Forward PE | 22.41 |
| PS Ratio | 6.39 |
| Forward PS | 4.5 |
| PB Ratio | 5.13 |
| P/FCF Ratio | 32.47 |
| PEG Ratio | 3.15 |
Enterprise Valuation
Garmin has an Enterprise Value (EV) of 38.28B.
| EV / Sales | 6.08 |
| EV / EBITDA | 24.02 |
| EV / EBIT | 26.72 |
| EV / FCF | 30.9 |
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 |
| Debt / EBITDA | 0.08 |
| Debt / FCF | 0.11 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 17.98% and Return on Invested Capital is 16.34%.
| Return on Equity | 17.98% |
| Return on Assets | 14.66% |
| Return on Invested Capital | 16.34% |
| Revenue Per Employee | $288.85K |
| Profits Per Employee | $64.74K |
| Employee Count | 21,800 |
| Asset Turnover | 0.65 |
| Inventory Turnover | 1.76 |
Taxes
| Income Tax | 283.96M |
| Effective Tax Rate | 16.75% |
Stock Price Statistics
The stock price has increased by 35.24% in the last 52 weeks. The beta is 0.94, so Garmin's price volatility has been higher than the market average.
| Beta | 0.94 |
| 52-Week Price Change | 35.24% |
| 50-Day Moving Average | 212.57 |
| 200-Day Moving Average | 194.1 |
| Relative Strength Index (RSI) | 42.8 |
| Average Volume (20 Days) | 1.09M |
Income Statement
In the last 12 months, Garmin had revenue of 6.3B and earned 1.41B in profits. Earnings per share was 7.35.
| Revenue | 6.3B |
| Gross Profit | 3.7B |
| 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 | 6B |
| 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 | 6.45 |
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 $3.73, which amounts to a dividend yield of 1.4%.
| Dividend Per Share | $3.73 |
| Dividend Yield | 1.4% |
| Dividend Growth (YoY) | 2.74% |
| Payout Ratio | 51.03% |
| Earnings Yield | 3.51% |
| FCF Yield | 3.08% |
Analyst Forecast
The average price target for GRMN is $224, which is 16.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $224 |
| Price Target Difference | 16.5% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
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 | 14.84 |
| Piotroski F-Score | 7 |