Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. 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 Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s 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 operates worldwide.
Metrics to compare | GRMN | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipGRMNPeersSector | |
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P/E Ratio | 24.1x | 12.3x | 10.1x | |
PEG Ratio | 0.63 | −0.31 | 0.02 | |
Price/Book | 4.7x | 1.1x | 1.4x | |
Price / LTM Sales | 5.9x | 0.7x | 0.9x | |
Upside (Analyst Target) | −11.7% | 6.2% | 27.4% | |
Fair Value Upside | Unlock | 14.9% | 8.5% | Unlock |