ScoreWhy is Garmin Ltd. ?
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
- RAW MATERIAL COST(Y) Fallen by -2.72% (YoY)
- CASH AND EQV(HY) Highest at USD 5,261.76 MM
- DIVIDEND PER SHARE(HY) Highest at USD 7.36
4
With ROE of 17.95%, it has a fair valuation with a 5.03 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -6.11%, its profits have risen by 7.7% ; the PEG ratio of the company is 3.8
5
Underperformed the market in the last 1 year
- Even though the market (S&P 500) has generated returns of 12.94% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -6.11% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Garmin Ltd. should be less than 10%
- Overall Portfolio exposure to Telecom - Equipment & Accessories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Telecom - Equipment & Accessories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Garmin Ltd. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Garmin Ltd.
-6.34%
0.64
35.53%
S&P 500
13.22%
0.64
20.20%
Quality
Management Risk
Growth
Capital StructureQuality key factors
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%
ValuationValuation 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%
TechnicalsTechnical 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
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -2.72% (YoY
CASH AND EQV(HY)
Highest at USD 5,261.76 MM
DIVIDEND PER SHARE(HY)
Highest at USD 7.36
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Garmin Ltd.
Cash and Eqv
Highest at USD 5,261.76 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Dividend per share
Highest at USD 7.36
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Raw Material Cost
Fallen by -2.72% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at USD 47.1 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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