Market Price

69.19 

0.21 0.3%

as of Sep 19 '18

52 Week Range:

51.62 69.21


Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment systems; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. The Aviation segment provides navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, datalink weather, in-cockpit and cloud connectivity, voice controls, and other products and services; wearables, portables, apps, training, simulation, and aviation data services; and traffic collision avoidance, engine information, and terrain awareness and warning systems. This segment also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, Cartography Products, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wearable devices, sailing products, and entertainment products. The Outdoor segment offers outdoor handhelds, wearable devices, golf devices, and dog tracking and training/pet obedience devices. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and Connect IQ and activity tracking devices, as well as Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms for users to track and analyze their fitness and wellness data. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement



 

Cash Flow Statement



 

Balance Sheet



 

Liquidity Ratios

Current Ratio


 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio


 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage


 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA


 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE


 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC


 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Equity (BVPS) 10.83
10.99
14.16
15.69
15.76
18.05
18.23
16.87
17.05
17.83
19.34
growth rate 1.5% 28.8% 10.8% 0.5% 14.5% 1.0% -7.5% 1.1% 4.6% 8.5%
Earnings BIT 978.27
914.37
808.65
577.27
584.16
624.53
653.56
690.63
549.58
623.91
668.86
growth rate -6.5% -11.6% -28.6% 1.2% 6.9% 4.7% 5.7% -20.4% 13.5% 7.2%
Avg.PE 24.94
5.51
8.77
10.49
14.90
14.75
14.81
30.43
16.72
19.79
16.45
growth rate -77.9% 59.2% 19.6% 42.0% -1.0% 0.4% 105.5% -45.1% 18.4% -16.9%
ROA 32.96
23.58
20.86
14.96
12.31
11.68
12.63
7.61
9.93
11.32
14.58
growth rate -28.5% -11.5% -28.3% -17.7% -5.1% 8.1% -39.8% 30.5% 14.0% 28.8%
ROE 43.75
32.03
27.81
19.86
16.52
15.98
17.03
10.31
13.52
15.11
19.25
growth rate -26.8% -13.2% -28.6% -16.8% -3.3% 6.6% -39.5% 31.1% 11.8% 27.4%
ROIC 41.88
30.80
27.00
19.07
15.59
15.08
16.11
9.66
12.81
14.30
18.25
growth rate -26.5% -12.3% -29.4% -18.3% -3.3% 6.8% -40.0% 32.6% 11.6% 27.6%
Cur. Ratio 2.91
4.14
3.50
3.73
2.98
2.79
2.87
2.43
2.55
2.89
2.85
growth rate 42.3% -15.5% 6.6% -20.1% -6.4% 2.9% -15.3% 4.9% 13.3% -1.4%
Quick Ratio 2.12
3.03
2.90
3.04
2.34
2.19
2.24
1.87
1.82
2.10
1.98
growth rate 42.9% -4.3% 4.8% -23.0% -6.4% 2.3% -16.5% -2.7% 15.4% -5.7%
Leverage 1.40
1.31
1.35
1.31
1.37
1.36
1.33
1.38
1.35
1.32
1.32
growth rate -6.4% 3.1% -3.0% 4.6% -0.7% -2.2% 3.8% -2.2% -2.2% 0.0%
Balance Sheet Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Acct.Receivable 741.30
874.10
747.20
661.12
604.00
771.79
570.19
531.48
527.06
590.88
growth rate 17.9% -14.5% -11.5% -8.6% 27.8% -26.1% -6.8% -0.8% 12.1%
Acct.Payable 669.29
131.00
648.40
149.09
178.91
172.40
169.64
growth rate -80.4% 395.0% -77.0% 20.0% -3.6% -1.6%
Cur.Assets 1,984.40
2,396.10
2,498.80
2,574.84
2,536.00
2,595.64
2,510.98
2,211.09
2,263.02
2,363.93
growth rate 20.8% 4.3% 3.0% -1.5% 2.4% -3.3% -11.9% 2.4% 4.5%
Total Assets 2,934.40
3,828.10
3,988.70
4,471.34
4,819.00
4,879.60
4,693.30
4,499.39
4,525.13
5,010.26
growth rate 30.5% 4.2% 12.1% 7.8% 1.3% -3.8% -4.1% 0.6% 10.7%
Cash 696.30
1,091.60
1,260.90
1,287.16
1,231.00
1,179.15
1,196.27
833.07
846.88
891.49
growth rate 56.8% 15.5% 2.1% -4.4% -4.2% 1.5% -30.4% 1.7% 5.3%
Inventory 425.30
309.90
387.60
397.74
390.00
382.23
420.48
500.55
484.82
517.64
growth rate -27.1% 25.1% 2.6% -2.0% -2.0% 10.0% 19.0% -3.1% 6.8%
Cur.Liabilities 479.20
685.90
669.00
858.28
909.00
905.30
1,033.26
866.00
782.74
828.66
growth rate 43.1% -2.5% 28.3% 5.9% -0.4% 14.1% -16.2% -9.6% 5.9%
Liabilities 708.60
991.60
939.10
1,214.76
1,287.00
1,219.90
1,289.94
1,154.27
1,107.13
1,207.79
growth rate 39.9% -5.3% 29.4% 6.0% -5.2% 5.7% -10.5% -4.1% 9.1%
LT Debt 0.00 0.00 0.00 0.00 0.00 0.00
growth rate
Equity 2,350.61
2,225.90
2,836.40
3,049.60
3,256.58
3,531.80
3,659.71
3,403.37
3,345.13
3,418.00
3,802.47
growth rate -5.3% 27.4% 7.5% 6.8% 8.5% 3.6% -7.0% -1.7% 2.2% 11.3%
Common Shares 220.00
211.00
201.00
198.00
195.00
196.00
196.00
194.00
191.00
189.00
189.00
growth rate -4.1% -4.7% -1.5% -1.5% 0.5% 0.0% -1.0% -1.6% -1.1% 0.0%
Cash Flow Statement Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Capital Expenditures 159.70
119.60
49.20
32.10
38.37
38.00
56.08
73.34
80.59
90.96
139.70
growth rate -25.1% -58.9% -34.8% 19.5% -1.0% 47.6% 30.8% 9.9% 12.9% 53.6%
Cash Dividends 162.53
150.30
149.80
298.90
310.76
253.39
351.71
360.08
378.12
481.45
382.98
growth rate -7.5% -0.3% 99.5% 4.0% -18.5% 38.8% 2.4% 5.0% 27.3% -20.5%
Cash From OA 682.09
862.20
1,094.50
770.60
822.33
685.00
630.08
522.71
280.47
705.68
660.84
growth rate 26.4% 26.9% -29.6% 6.7% -16.7% -8.0% -17.0% -46.3% 151.6% -6.4%
FCF per Share 2.38
3.49
5.16
3.71
3.80
3.26
3.05
2.30
1.03
3.04
2.82
growth rate 46.6% 47.9% -28.1% 2.4% -14.2% -6.4% -24.6% -55.2% 195.2% -7.2%
Sale Purchase of Stock 0.04
4.05
-59.72
20.75
17.07
18.65
21.86
growth rate 10,854.1% -100.0% 100.0% -17.7% 9.2% 17.2%
FCF 522.00
736.00
1,038.00
735.00
781.00
640.00
573.00
445.00
196.00
609.00
509.00
growth rate 41.0% 41.0% -29.2% 6.3% -18.1% -10.5% -22.3% -56.0% 210.7% -16.4%
Income Statement Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Sales 3,180.00
3,494.10
2,946.40
2,689.90
2,758.57
2,715.68
2,631.85
2,870.66
2,820.27
3,018.67
3,087.00
growth rate 9.9% -15.7% -8.7% 2.6% -1.6% -3.1% 9.1% -1.8% 7.0% 2.3%
Op.Income 862.00
786.00
636.70
520.90
542.40
612.41
690.63
549.58
623.91
668.86
growth rate -8.8% -19.0% -18.2% 4.1% 12.9% 12.8% -20.4% 13.5% 7.2%
IBT 914.40
808.70
577.30
584.16
624.53
653.56
723.75
567.19
629.67
682.29
growth rate -11.6% -28.6% 1.2% 6.9% 4.7% 10.7% -21.6% 11.0% 8.4%
Net Income 732.80
704.00
584.60
520.90
542.40
612.41
364.21
456.23
510.81
694.96
growth rate -3.9% -17.0% -10.9% 4.1% 12.9% -40.5% 25.3% 12.0% 36.1%
EPS 3.89
3.48
3.50
2.95
2.67
2.76
3.12
1.88
2.39
2.70
3.68
growth rate -10.5% 0.6% -15.7% -9.5% 3.4% 13.0% -39.7% 27.1% 13.0% 36.3%
Gross Profit 1,463.26
1,553.50
1,444.10
1,346.40
1,338.59
1,438.48
1,407.30
1,604.41
1,538.70
1,679.57
1,783.16
growth rate 6.2% -7.0% -6.8% -0.6% 7.5% -2.2% 14.0% -4.1% 9.2% 6.2%
R&D 206.10
238.40
277.30
298.58
325.77
364.92
395.12
427.04
467.96
511.63
growth rate 15.7% 16.3% 7.7% 9.1% 12.0% 8.3% 8.1% 9.6% 9.3%

Quarterly Statements

Item Name Apr '17 Jul '17 Dec '17 Mar '18 Jun '18
Earnings BIT 87.69
169.79
179.38
142.20
217.51
growth rate 93.6% 5.7% -20.7% 53.0%
Balance Sheet Apr '17 Jul '17 Dec '17 Mar '18 Jun '18
Acct.Receivable 391.35
457.39
590.88
409.70
533.08
growth rate 16.9% 29.2% -30.7% 30.1%
Acct.Payable 431.01
158.59
169.64
136.13
166.50
growth rate -63.2% 7.0% -19.8% 22.3%
Cur.Assets 2,156.91
2,332.47
2,363.93
2,191.28
2,323.58
growth rate 8.1% 1.4% -7.3% 6.0%
Total Assets 4,600.68
4,835.39
5,010.26
4,855.22
4,988.72
growth rate 5.1% 3.6% -3.1% 2.8%
Cash 833.58
891.28
891.49
898.98
946.66
growth rate 6.9% 0.0% 0.8% 5.3%
Inventory 533.15
575.34
517.64
547.41
501.49
growth rate 7.9% -10.0% 5.8% -8.4%
Cur.Liabilities 571.46
846.05
828.66
557.84
929.15
growth rate 48.1% -2.1% -32.7% 66.6%
Liabilities 898.62
1,195.71
1,207.79
858.03
1,229.84
growth rate 33.1% 1.0% -29.0% 43.3%
LT Debt
growth rate
Equity 3,702.06
3,639.69
3,802.47
3,997.19
3,758.88
growth rate -1.7% 4.5% 5.1% -6.0%
Common Shares 17.98
17.98
17.98
17.98
17.98
growth rate 0.0% 0.0% 0.0% 0.0%
Cash Flow Statement Apr '17 Jul '17 Dec '17 Mar '18 Jun '18
Capital Expenditures 25.54
45.40
54.49
26.34
66.74
growth rate 77.8% 20.0% -51.7% 153.4%
Cash Dividends 96.03
95.63
95.66
96.15
99.94
growth rate -0.4% 0.0% 0.5% 4.0%
Cash From OA 120.40
198.75
198.27
214.19
223.87
growth rate 65.1% -0.2% 8.0% 4.5%
Sale Purchase of Stock -31.33
11.54
11.54
1.93
growth rate 100.0% 0.0% -83.3%
FCF 94.86
153.35
143.78
187.85
157.14
growth rate 61.7% -6.2% 30.7% -16.4%
Income Statement Apr '17 Jul '17 Dec '17 Mar '18 Jun '18
Sales 638.55
743.08
888.50
710.87
894.45
growth rate 16.4% 19.6% -20.0% 25.8%
Op.Income 116.35
169.79
179.38
142.20
217.51
growth rate 45.9% 5.7% -20.7% 53.0%
IBT 87.69
186.06
180.49
153.98
236.07
growth rate 112.2% -3.0% -14.7% 53.3%
Net Income 237.81
147.41
138.78
129.37
190.34
growth rate -38.0% -5.9% -6.8% 47.1%
EPS
growth rate
Gross Profit 372.12
433.67
499.52
426.54
523.27
growth rate 16.5% 15.2% -14.6% 22.7%
R&D 122.20
129.63
132.55
141.96
141.71
growth rate 6.1% 2.3% 7.1% -0.2%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

D (33.82)

YOY Growth Grade:

E (22.14)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Profitability Ratios

Liquidity Ratios

Efficiency Ratios

Value Price

PE and EPS

Historical Current Forward
PE 21.59 21.83 20.19
EPS / Growth 2.9% 3.17 5.5%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 4.5%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 2.9% 4.3% 4.3%
Future PE 5.86 16.79 16.79
Future EPS 4.23 4.82 4.82
Value Price
MOS %
6.13
-91.1%
20.02
-71.1%
20.02
-71.1%
MOS Price 3.06 10.01 10.01
IRT 16.73 15.25 15.25

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Price Chart

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Risk / Reward Ratios

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