Valuation Garmin Ltd.

Equities

Market Closed - Nyse Other stock markets 04:00:02 2025-02-07 pm EST			5-day change	1st Jan Change
217.67 ^USD	-0.96%		+0.84%	+5.53%

Feb. 04	Garmin Ltd. New All-In-One Servent+ Display Offers A Smart Rv Experience	CI
Jan. 22	The rise of oligarchy?

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	18,621	22,857	26,292	17,689	24,594	41,798	41,798	-
Change	-	22.75%	15.03%	-32.72%	39.04%	69.95%	0%	-
Enterprise Value (EV) ¹	17,217	21,011	24,446	16,236	22,626	39,458	38,909	38,255
Change	-	22.04%	16.35%	-33.58%	39.35%	74.4%	-1.39%	-1.68%
P/E ratio	19.6x	23.1x	24.4x	18.3x	19.2x	31x	28.2x	26.4x
PBR	3.9x	4.15x	4.31x	2.85x	3.51x	5.41x	4.89x	4.4x
PEG	-	6.4x	2.87x	-1.8x	0.6x	6.63x	2.84x	3.95x
Capitalization / Revenue	4.96x	5.46x	5.28x	3.64x	4.7x	6.78x	6.22x	5.73x
EV / Revenue	4.58x	5.02x	4.91x	3.34x	4.33x	6.4x	5.79x	5.24x
EV / EBITDA	16.4x	17.8x	17.8x	13.6x	17.8x	23.5x	20.8x	18.9x
EV / EBIT	18.2x	19.9x	20.1x	15.8x	20.7x	26.3x	23.5x	21.4x
EV / FCF	29.7x	22.1x	34.7x	29.8x	19.1x	34.2x	30.9x	26.6x
FCF Yield	3.37%	4.52%	2.88%	3.35%	5.23%	2.92%	3.23%	3.76%
Dividend per Share ²	2.28	2.44	2.68	2.92	2.92	3.008	3.094	3.273
Rate of return	2.33%	2.04%	1.96%	3.16%	2.27%	1.38%	1.42%	1.5%
EPS ²	4.99	5.17	5.61	5.04	6.71	7.024	7.721	8.237
Distribution rate	45.7%	47.2%	47.8%	57.9%	43.5%	42.8%	40.1%	39.7%
Net sales ¹	3,758	4,187	4,983	4,860	5,228	6,165	6,715	7,298
EBITDA ¹	1,052	1,181	1,373	1,192	1,270	1,681	1,875	2,021
EBIT ¹	945.6	1,054	1,219	1,028	1,092	1,499	1,658	1,786
Net income ¹	952.5	992.3	1,082	973.6	1,290	1,354	1,495	1,544
Net Debt ¹	-1,404	-1,846	-1,846	-1,452	-1,968	-2,340	-2,889	-3,543
Reference price ²	97.95	119.52	136.71	92.29	128.54	217.67	217.67	217.67
Nbr of stocks (in thousands)	190,103	191,237	192,322	191,664	191,331	192,025	192,025	-
Announcement Date	2/19/20	2/17/21	2/16/22	2/22/23	2/21/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Yield (Y)	Capi.($)
GARMIN LTD.	31.29x	6.47x	23.71x	1.37%	42.2B
CISCO SYSTEMS, INC.	24.93x	4.69x	12.52x	2.6%	248B
ARISTA NETWORKS INC	54.45x	19.8x	41.56x	-.--%	145B
MOTOROLA SOLUTIONS, INC.	53.7x	7.83x	24.86x	0.79%	80.57B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	16.79x	0.64x	12.06x	3.12%	55.83B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	20.82x	2.5x	13.03x	2.89%	38.47B
ZTE CORPORATION	21.28x	1.31x	11.49x	1.68%	26.94B
UBIQUITI INC.	46.83x	-	-	-	25.81B
NOKIA OYJ	22.93x	1.08x	6.38x	2.9%	25.73B
ERICSSON	115.4x	1.02x	7.41x	3.35%	25.41B
Average	40.84x	5.04x	17.00x	percentage-no-prefix	71.42B
Weighted average by Cap.	37.50x	7.50x	20.31x	percentage-no-prefix