Garmin (GRMN) Fundamental Analysis: Revenue, Earnings & Valuation

7.81 / 10

Outperform

Fundamental analysis rates Garmin Outperform with a 7.8/10 score. Strong net‑income‑to‑revenue (0.85) and high profit margin (22.96%) boost quality, yet Asset‑MV and Revenue‑MV lag, and Profit‑MV is negative, indicating mixed but overall solid fundamentals.

Analysis Checks(3/10)

Revenue-MV

Value-0.40

Score0/3

Weight-17.29%

1M Return-2.08%

Profit-MV

Value0.85

Score0/3

Weight-23.72%

1M Return-3.35%

Net income-Revenue

Value0.85

Score3/3

Weight63.62%

1M Return5.29%

Shareholders’ equity attributable to parent company (growth rate compared to beginning of year %)

Value14.32

Score1/3

Weight5.26%

1M Return0.70%

Net profit margin (%)

Value22.96

Score2/3

Weight24.33%

1M Return2.58%

Cash-UP

Value0.07

Score1/3

Weight-7.54%

1M Return-0.93%

Total assets turnover ratio

Value0.70

Score1/3

Weight-0.64%

1M Return-0.09%

Asset-MV

Value-0.55

Score1/3

Weight14.88%

1M Return1.81%

Net profit / Total operating revenue (%)

Value22.96

Score2/3

Weight24.33%

1M Return2.58%

Cash-MV

Value-0.28

Score1/3

Weight16.77%

1M Return2.06%

Is GRMN undervalued or overvalued?

GRMN scores 7.81/10 on fundamentals and holds a Discounted valuation at present. Backed by its 19.78% ROE, 22.96% net margin, 27.89 P/E ratio, 5.17 P/B ratio, and 17.69% earnings growth, these metrics solidify its Outperform investment rating.