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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt No Debt
GRMN's Cash to Debt is ranked higher than
98% of the 2625 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.25 vs. GRMN: No Debt )
GRMN' s 10-Year Cash to Debt Range
Min: 3.76   Max: No Debt
Current: No Debt

Equity to Asset 0.73
GRMN's Equity to Asset is ranked higher than
82% of the 2608 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.56 vs. GRMN: 0.73 )
GRMN' s 10-Year Equity to Asset Range
Min: 0.71   Max: 0.88
Current: 0.73

0.71
0.88
Interest Coverage No Debt
GRMN's Interest Coverage is ranked higher than
74% of the 1588 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 111.15 vs. GRMN: No Debt )
GRMN' s 10-Year Interest Coverage Range
Min: 56.53   Max: 9999.99
Current: No Debt

56.53
9999.99
F-Score: 7
Z-Score: 6.31
M-Score: -2.71
WACC vs ROIC
7.94%
15.09%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 24.06
GRMN's Operating margin (%) is ranked higher than
97% of the 2632 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.84 vs. GRMN: 24.06 )
GRMN' s 10-Year Operating margin (%) Range
Min: 20.07   Max: 39.62
Current: 24.06

20.07
39.62
Net-margin (%) 12.69
GRMN's Net-margin (%) is ranked higher than
91% of the 2632 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.06 vs. GRMN: 12.69 )
GRMN' s 10-Year Net-margin (%) Range
Min: 12.69   Max: 31.18
Current: 12.69

12.69
31.18
ROE (%) 10.39
GRMN's ROE (%) is ranked higher than
77% of the 2597 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 6.09 vs. GRMN: 10.39 )
GRMN' s 10-Year ROE (%) Range
Min: 10.31   Max: 43.75
Current: 10.39

10.31
43.75
ROA (%) 7.68
GRMN's ROA (%) is ranked higher than
85% of the 2642 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.23 vs. GRMN: 7.68 )
GRMN' s 10-Year ROA (%) Range
Min: 7.61   Max: 32.96
Current: 7.68

7.61
32.96
ROC (Joel Greenblatt) (%) 110.70
GRMN's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 2638 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 9.88 vs. GRMN: 110.70 )
GRMN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 63.27   Max: 162.08
Current: 110.7

63.27
162.08
Revenue Growth (3Y)(%) 1.50
GRMN's Revenue Growth (3Y)(%) is ranked higher than
66% of the 1912 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.90 vs. GRMN: 1.50 )
GRMN' s 10-Year Revenue Growth (3Y)(%) Range
Min: -5.1   Max: 60.5
Current: 1.5

-5.1
60.5
EBITDA Growth (3Y)(%) 4.30
GRMN's EBITDA Growth (3Y)(%) is ranked higher than
71% of the 1538 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.30 vs. GRMN: 4.30 )
GRMN' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -10.5   Max: 52.7
Current: 4.3

-10.5
52.7
EPS Growth (3Y)(%) -11.00
GRMN's EPS Growth (3Y)(%) is ranked higher than
57% of the 1441 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.30 vs. GRMN: -11.00 )
GRMN' s 10-Year EPS Growth (3Y)(%) Range
Min: -11   Max: 60
Current: -11

-11
60
» GRMN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

GRMN Guru Trades in Q1 2014

Joel Greenblatt 108,821 sh (New)
Caxton Associates 15,000 sh (New)
Jim Simons 321,042 sh (New)
Murray Stahl 14,198 sh (+23.95%)
RS Investment Management 32,800 sh (unchged)
Steven Cohen 17,658 sh (-25.95%)
Chuck Royce 147,342 sh (-39.88%)
Paul Tudor Jones 6,981 sh (-52.34%)
» More
Q2 2014

GRMN Guru Trades in Q2 2014

Jeremy Grantham 11,900 sh (New)
Caxton Associates 40,000 sh (+166.67%)
RS Investment Management 32,800 sh (unchged)
Paul Tudor Jones Sold Out
Murray Stahl 13,101 sh (-7.73%)
Chuck Royce 120,642 sh (-18.12%)
Joel Greenblatt 88,010 sh (-19.12%)
Jim Simons 70,142 sh (-78.15%)
» More
Q3 2014

GRMN Guru Trades in Q3 2014

Paul Tudor Jones 31,181 sh (New)
John Hussman 100,000 sh (New)
Joel Greenblatt 828,510 sh (+841.38%)
Jeremy Grantham 79,412 sh (+567.33%)
Murray Stahl 16,244 sh (+23.99%)
Chuck Royce 145,242 sh (+20.39%)
Caxton Associates Sold Out
RS Investment Management Sold Out
Jim Simons Sold Out
» More
Q4 2014

GRMN Guru Trades in Q4 2014

Steven Cohen 755,200 sh (New)
Joel Greenblatt 1,126,874 sh (+36.01%)
Murray Stahl 15,989 sh (-1.57%)
Jeremy Grantham 72,300 sh (-8.96%)
Chuck Royce 118,540 sh (-18.38%)
Paul Tudor Jones 13,421 sh (-56.96%)
John Hussman 38,000 sh (-62.00%)
» More
» Details

Insider Trades

Latest Guru Trades with GRMN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)



No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 25.20
GRMN's P/E(ttm) is ranked higher than
68% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 32.30 vs. GRMN: 25.20 )
GRMN' s 10-Year P/E(ttm) Range
Min: 3.87   Max: 36.53
Current: 25.2

3.87
36.53
Forward P/E 14.41
GRMN's Forward P/E is ranked higher than
87% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.00 vs. GRMN: 14.41 )
N/A
PE(NRI) 25.50
GRMN's PE(NRI) is ranked higher than
69% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 32.40 vs. GRMN: 25.50 )
GRMN' s 10-Year PE(NRI) Range
Min: 3.87   Max: 36.6
Current: 25.5

3.87
36.6
P/B 2.70
GRMN's P/B is ranked lower than
51% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.78 vs. GRMN: 2.70 )
GRMN' s 10-Year P/B Range
Min: 1.38   Max: 13.05
Current: 2.7

1.38
13.05
P/S 3.21
GRMN's P/S is ranked lower than
65% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.05 vs. GRMN: 3.21 )
GRMN' s 10-Year P/S Range
Min: 0.91   Max: 10.17
Current: 3.21

0.91
10.17
PFCF 20.50
GRMN's PFCF is ranked higher than
77% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 105.59 vs. GRMN: 20.50 )
GRMN' s 10-Year PFCF Range
Min: 3.98   Max: 53.54
Current: 20.5

3.98
53.54
POCF 17.72
GRMN's POCF is ranked higher than
68% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 20.24 vs. GRMN: 17.72 )
GRMN' s 10-Year POCF Range
Min: 3.54   Max: 41.17
Current: 17.72

3.54
41.17
EV-to-EBIT 11.26
GRMN's EV-to-EBIT is ranked higher than
83% of the 2780 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 25.03 vs. GRMN: 11.26 )
GRMN' s 10-Year EV-to-EBIT Range
Min: 2.7   Max: 32.3
Current: 11.26

2.7
32.3
Shiller P/E 16.40
GRMN's Shiller P/E is ranked higher than
92% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.00 vs. GRMN: 16.40 )
GRMN' s 10-Year Shiller P/E Range
Min: 6.86   Max: 76.54
Current: 16.4

6.86
76.54
Current Ratio 2.43
GRMN's Current Ratio is ranked higher than
73% of the 2622 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.92 vs. GRMN: 2.43 )
GRMN' s 10-Year Current Ratio Range
Min: 2.43   Max: 9.23
Current: 2.43

2.43
9.23
Quick Ratio 2.02
GRMN's Quick Ratio is ranked higher than
76% of the 2622 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.43 vs. GRMN: 2.02 )
GRMN' s 10-Year Quick Ratio Range
Min: 2.02   Max: 7.09
Current: 2.02

2.02
7.09
Days Inventory 123.42
GRMN's Days Inventory is ranked lower than
54% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 76.47 vs. GRMN: 123.42 )
GRMN' s 10-Year Days Inventory Range
Min: 82.53   Max: 166.73
Current: 123.42

82.53
166.73
Days Sales Outstanding 72.50
GRMN's Days Sales Outstanding is ranked higher than
71% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 82.78 vs. GRMN: 72.50 )
GRMN' s 10-Year Days Sales Outstanding Range
Min: 34.54   Max: 109.32
Current: 72.5

34.54
109.32

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.04
GRMN's Dividend Yield is ranked higher than
81% of the 1748 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.90 vs. GRMN: 4.04 )
GRMN' s 10-Year Dividend Yield Range
Min: 0.46   Max: 8.32
Current: 4.04

0.46
8.32
Dividend Payout 1.01
GRMN's Dividend Payout is ranked higher than
85% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 4.15 vs. GRMN: 1.01 )
GRMN' s 10-Year Dividend Payout Range
Min: 0.18   Max: 1.01
Current: 1.01

0.18
1.01
Dividend growth (3y) 5.70
GRMN's Dividend growth (3y) is ranked higher than
76% of the 931 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.00 vs. GRMN: 5.70 )
GRMN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 44.2
Current: 5.7

0
44.2
Yield on cost (5-Year) 8.47
GRMN's Yield on cost (5-Year) is ranked higher than
94% of the 1793 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.93 vs. GRMN: 8.47 )
GRMN' s 10-Year Yield on cost (5-Year) Range
Min: 0.97   Max: 17.63
Current: 8.47

0.97
17.63
Share Buyback Rate 0.10
GRMN's Share Buyback Rate is ranked higher than
80% of the 1516 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: -0.90 vs. GRMN: 0.10 )
GRMN' s 10-Year Share Buyback Rate Range
Min: 3.4   Max: -2.7
Current: 0.1

Valuation & Return

vs
industry
vs
history
Price/Net Cash 121.80
GRMN's Price/Net Cash is ranked higher than
84% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.00 vs. GRMN: 121.80 )
GRMN' s 10-Year Price/Net Cash Range
Min: 13.91   Max: 172.39
Current: 121.8

13.91
172.39
Price/Net Current Asset Value 12.80
GRMN's Price/Net Current Asset Value is ranked higher than
80% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.00 vs. GRMN: 12.80 )
GRMN' s 10-Year Price/Net Current Asset Value Range
Min: 3.04   Max: 15.13
Current: 12.8

3.04
15.13
Price/Tangible Book 2.90
GRMN's Price/Tangible Book is ranked higher than
52% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.10 vs. GRMN: 2.90 )
GRMN' s 10-Year Price/Tangible Book Range
Min: 1.95   Max: 9.77
Current: 2.9

1.95
9.77
Price/DCF (Projected) 1.00
GRMN's Price/DCF (Projected) is ranked higher than
89% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.00 vs. GRMN: 1.00 )
GRMN' s 10-Year Price/DCF (Projected) Range
Min: 0.54   Max: 3.96
Current: 1

0.54
3.96
Price/Median PS Value 1.00
GRMN's Price/Median PS Value is ranked higher than
81% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.20 vs. GRMN: 1.00 )
GRMN' s 10-Year Price/Median PS Value Range
Min: 0.35   Max: 3.17
Current: 1

0.35
3.17
Price/Graham Number 1.80
GRMN's Price/Graham Number is ranked higher than
67% of the 2782 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.60 vs. GRMN: 1.80 )
GRMN' s 10-Year Price/Graham Number Range
Min: 0.68   Max: 3.49
Current: 1.8

0.68
3.49
Earnings Yield (Greenblatt) 8.90
GRMN's Earnings Yield (Greenblatt) is ranked higher than
82% of the 2619 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 4.40 vs. GRMN: 8.90 )
GRMN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.1   Max: 37.1
Current: 8.9

3.1
37.1
Forward Rate of Return (Yacktman) 4.94
GRMN's Forward Rate of Return (Yacktman) is ranked higher than
68% of the 1229 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 7.43 vs. GRMN: 4.94 )
GRMN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.3   Max: 56.2
Current: 4.94

0.3
56.2

Business Description

Industry: Computer Hardware » Scientific & Technical Instruments
Compare:A, ROP, HXGBY, TRMB, NANO » details
Traded in other countries:GEY.Germany,
Garmin Ltd., was incorporated in the Cayman Islands on July 24, 2000 as a holding company for Garmin Corporation, a Taiwan corporation, in order to facilitate a public offering of Garmin shares in the United States. The Company is a provider of navigation, communications and information devices, which are enabled by Global Positioning System or GPS, technology. Garmin has identified five operating segments for external reporting purposes: Auto/Mobile, Aviation, Marine, Outdoor and Fitness. There are three operating segments (Auto PND, Auto OEM and Mobile) that are not reported separately, but are aggregated within the Auto/Mobile reportable segment. The Company's marine, auto/mobile, outdoor, and fitness segments include portable global positioning system (GPS) receivers and accessories sold primarily to retail outlets. These products are produced primarily by the Company's subsidiary in Taiwan. The Company's aviation products are portable and panel mount avionics for Visual Flight Rules and Instrument Flight Rules navigation and are sold primarily to aviation dealers and certain aircraft manufacturers. The Company's competitors for portable automotive products are TomTom N.V. and MiTAC Digital Corporation (MiTAC) (which distributes products under the brand names of Magellan, Mio, and Navman). Garmin believes that its principal competitors for outdoor product lines are Bushnell, Delorme, Lowrance Electronics, Inc., a subsidiary of Navico ("Lowrance") Magellan, a subsidiary of MiTAC, and Woodman Labs Inc. dba GoPro. For mobile products, its principal competitors are Google In., Apple Inc. and Telenav Inc. Its principal competitors for fitness products are Bryton Corp., Fitbit Inc., Nike, Inc., Polar Electro Oy, Sigma Sports, Suunto Oy and Timex Corp. For marine products, its principal competitors are Furuno Electronic Company, the Humminbird division of Johnson Outdoors, Inc., Navico and Raymarine Inc. For Garmin's aviation product lines, its principal competitors to be Aspen Avionics, Avidyne Corporation, Chelton Flight Systems, CMC Electronics, Free Flight Systems, Honeywell, Inc., L-3 Avionics Systems, Rockwell Collins, Inc., Sagem Avionics, Inc. and Universal Avionics Systems Corporation.The Company's brand name includes StreetPilot, NAVIGON, Dakota, Oregon, Rino, Montana, Monterra, eTrex, and GPSMAP, fenix, Approach, Astro, Alpha, Bark Limiter, Delta, etc. Garmin's operations are subject to various environmental laws, including laws addressing air and water pollution and management of hazardous substances and wastes.
» More Articles for GRMN

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