Garmin Ltd.

  • Market Cap: Large Cap
  • Industry: Telecom - Equipment & Accessories
  • ISIN: CH0114405324
USD
202.09
2.63 (1.32%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.39 M

Shareholding (Mar 2025)

FII

13.09%

Held by 323 FIIs

DII

60.86%

Held by 39 DIIs

Promoter

0.01%

How big is Garmin Ltd.?

22-Jun-2025

As of Jun 18, Garmin Ltd. has a market capitalization of $39.22 billion, with net sales of $6.45 billion and net profit of $1.47 billion over the latest four quarters.

As of Jun 18, Garmin Ltd. has a market capitalization of 39,219.07 million, categorizing it as a Large Cap company.<BR><BR>As of Jun 18, the sum of Net Sales for the latest four quarters is 6,450.35 million, while the sum of Net Profit for the same period is 1,468.24 million.<BR><BR>As of Dec 24, the reporting period shows Shareholder's Funds at 7,848.40 million and Total Assets at 9,630.53 million.

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What does Garmin Ltd. do?

22-Jun-2025

Garmin Ltd. specializes in GPS navigation and wireless devices, operating in the Telecom - Equipment & Accessories industry. As of March 2025, it reported net sales of $1.535 billion and a market cap of approximately $39.22 billion.

Overview:<BR>Garmin Ltd. offers global positioning system (GPS) navigation and wireless devices and applications, operating within the Telecom - Equipment & Accessories industry and classified as a large-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,535 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 333 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 39,219.07 Million (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00 <BR>Dividend Yield: 110.78% <BR>Debt Equity: -0.33 <BR>Return on Equity: 17.95% <BR>Price to Book: 4.79 <BR><BR>Contact Details:<BR>Address: Muehlentalstrasse 2, SCHAFFHAUSEN None: 8200 <BR>Tel: ['41 52 6301600', '1 913 3978200'] <BR>Website: http://www.garmin.com/

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Who are in the management team of Garmin Ltd.?

22-Jun-2025

As of March 2022, Garmin Ltd.'s management team includes Dr. Min Kao (Executive Chairman), Mr. Clifton Pemble (President and CEO), and four Independent Directors: Mr. Jonathan Burrell, Mr. Joseph Hartnett, Ms. Catherine Lewis, and Mr. Charles Peffer. They oversee the company's strategic direction and operations.

As of March 2022, the management team of Garmin Ltd. includes the following individuals:<BR><BR>- Dr. Min Kao, who serves as the Executive Chairman of the Board.<BR>- Mr. Clifton Pemble, who is the President, Chief Executive Officer, and a Director.<BR>- Mr. Jonathan Burrell, who is an Independent Director.<BR>- Mr. Joseph Hartnett, who is also an Independent Director.<BR>- Ms. Catherine Lewis, who holds the position of Independent Director.<BR>- Mr. Charles Peffer, who is another Independent Director.<BR><BR>This team is responsible for guiding the company's strategic direction and overseeing its operations.

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Is Garmin Ltd. overvalued or undervalued?

20-Sep-2025

As of September 12, 2025, Garmin Ltd. is considered very attractive and undervalued, with a P/E ratio of 28, strong stock performance of 39.67% over the past year, and lower valuation ratios compared to peers like Apple and Motorola Solutions.

As of 12 September 2025, the valuation grade for Garmin Ltd. moved from attractive to very attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 28, an EV to EBITDA ratio of 21.25, and a PEG ratio of 3.81. In comparison to peers, Garmin's P/E ratio of 30.27 is lower than Apple, Inc.'s 35.56, which is deemed expensive, while Motorola Solutions, Inc. is rated fair with a P/E of 38.31.<BR><BR>Garmin's recent stock performance has outpaced the S&P 500, with a one-year return of 39.67% compared to the S&P 500's 17.14%. This strong performance, combined with its attractive valuation ratios, reinforces the conclusion that Garmin Ltd. is currently undervalued in the market.

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Is Garmin Ltd. technically bullish or bearish?

07-Oct-2025

As of October 3, 2025, Garmin Ltd. has a bullish technical trend supported by positive MACD, Bollinger Bands, and moving averages, outperforming the S&P 500 with a year-to-date return of 24.91% compared to 14.18%.

As of 3 October 2025, the technical trend for Garmin Ltd. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting a positive outlook. Additionally, the Bollinger Bands are bullish on both time frames, and the daily moving averages also indicate bullish momentum. The Dow Theory confirms a bullish stance on both weekly and monthly charts, while the KST shows a bullish weekly signal but is mildly bearish monthly. The OBV is bullish monthly but shows no trend weekly.<BR><BR>Garmin has outperformed the S&P 500 across multiple periods, with a year-to-date return of 24.91% compared to the S&P 500's 14.18%, and a one-year return of 51.53% versus 17.82%. Overall, the current technical stance is bullish, reflecting strong momentum and positive indicators.

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Dashboard
1

High Management Efficiency with a high ROE of 17.48%

 
2

Company has a low Debt to Equity ratio (avg) at times

 
3

The company has declared Positive results for the last 6 consecutive quarters

4

With ROE of 17.95%, it has a fair valuation with a 5.03 Price to Book Value

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Telecom - Equipment & Accessories

stock-summary
Market cap

USD 47,483 Million (Large Cap)

stock-summary
P/E

28.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

91.50%

stock-summary
Debt Equity

-0.32

stock-summary
Return on Equity

19.30%

stock-summary
Price to Book

5.84

Revenue and Profits:
Net Sales:
1,815 Million
(Quarterly Results - Jun 2025)
Net Profit:
401 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-14.97%
0%
-14.97%
6 Months
-1.4%
0%
-1.4%
1 Year
-6.34%
0%
-6.34%
2 Years
62.74%
0%
62.74%
3 Years
114.26%
0%
114.26%
4 Years
49.63%
0%
49.63%
5 Years
66.55%
0%
66.55%

Garmin Ltd. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
12.43%
EBIT Growth (5y)
14.24%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
0.79
Tax Ratio
16.46%
Dividend Payout Ratio
40.81%
Pledged Shares
0
Institutional Holding
59.16%
ROCE (avg)
26.09%
ROE (avg)
17.48%
Valuation key factors
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
5.03
EV to EBIT
23.62
EV to EBITDA
21.25
EV to Capital Employed
6.99
EV to Sales
5.96
PEG Ratio
3.81
Dividend Yield
140.26%
ROCE (Latest)
29.58%
ROE (Latest)
17.95%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 135 Schemes (26.03%)

Foreign Institutions

Held by 323 Foreign Institutions (13.09%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 20.44% vs 14.07% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 33.33% vs 4.41% in Jun 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,814.60",
          "val2": "1,506.70",
          "chgp": "20.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "519.40",
          "val2": "386.10",
          "chgp": "34.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "400.80",
          "val2": "300.60",
          "chgp": "33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "260.30%",
          "val2": "227.00%",
          "chgp": "3.33%",
          "chgp_class": "positive"
        }
      ]
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    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
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      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 20.44% vs 7.57% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 9.44% vs 32.46% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
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          "field": "Net Sales",
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          "val2": "5,228.30",
          "chgp": "20.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,773.70",
          "val2": "1,269.70",
          "chgp": "39.69%",
          "chgp_class": "positive"
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        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Consolidate Net Profit",
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          "val2": "1,289.60",
          "chgp": "9.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "253.10%",
          "val2": "208.90%",
          "chgp": "4.42%",
          "chgp_class": "positive"
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]
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoYstock-summary
Jun'25
Jun'24
Change(%)
Net Sales
1,814.60
1,506.70
20.44%
Operating Profit (PBDIT) excl Other Income
519.40
386.10
34.52%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
400.80
300.60
33.33%
Operating Profit Margin (Excl OI)
260.30%
227.00%
3.33%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Jun 2025 is 20.44% vs 14.07% in Jun 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is 33.33% vs 4.41% in Jun 2024

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
6,296.90
5,228.30
20.44%
Operating Profit (PBDIT) excl Other Income
1,773.70
1,269.70
39.69%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,411.40
1,289.60
9.44%
Operating Profit Margin (Excl OI)
253.10%
208.90%
4.42%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 20.44% vs 7.57% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 9.44% vs 32.46% in Dec 2023

stock-summaryCompany CV
About Garmin Ltd. stock-summary
stock-summary
Garmin Ltd.
Telecom - Equipment & Accessories
Garmin Ltd. (Garmin) and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers products to consumers around the world, including Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. It offers a range of products designed for use in fitness and activity tracking. Garmin offers a range of products designed for use in fitness and activity tracking. Its aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles and unmanned aerial vehicles.
Company Coordinates stock-summary
Company Details
Muehlentalstrasse 2 , SCHAFFHAUSEN None : 8200
stock-summary
Tel: 41 52 63016001 913 3978200
stock-summary
Registrar Details