Garmin Stock Return On Asset
| GRMN Stock | USD 168.93 0.37 0.22% |
Garmin fundamentals help investors to digest information that contributes to Garmin's financial success or failures. It also enables traders to predict the movement of Garmin Stock. The fundamental analysis module provides a way to measure Garmin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Garmin stock.
Garmin |
Garmin Company Return On Asset Analysis
Garmin's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Garmin Return On Asset | 0.0912 |
Most of Garmin's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Garmin is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Garmin has a Return On Asset of 0.0912. This is 103.16% lower than that of the Household Durables sector and 102.8% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 165.14% lower than that of the firm.
Garmin Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Garmin's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Garmin could also be used in its relative valuation, which is a method of valuing Garmin by comparing valuation metrics of similar companies.Garmin is currently under evaluation in return on asset category among related companies.
Garmin Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0912 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 30.51 B | ||||
| Shares Outstanding | 192.08 M | ||||
| Shares Owned By Insiders | 19.54 % | ||||
| Shares Owned By Institutions | 54.78 % | ||||
| Number Of Shares Shorted | 2.01 M | ||||
| Price To Earning | 17.96 X | ||||
| Price To Book | 3.91 X | ||||
| Price To Sales | 5.25 X | ||||
| Revenue | 5.23 B | ||||
| Gross Profit | 2.81 B | ||||
| EBITDA | 1.24 B | ||||
| Net Income | 1.29 B | ||||
| Cash And Equivalents | 1.28 B | ||||
| Cash Per Share | 7.62 X | ||||
| Total Debt | 113.03 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.75 X | ||||
| Book Value Per Share | 37.73 X | ||||
| Cash Flow From Operations | 1.38 B | ||||
| Short Ratio | 2.79 X | ||||
| Earnings Per Share | 7.10 X | ||||
| Price To Earnings To Growth | 5.62 X | ||||
| Target Price | 146.08 | ||||
| Number Of Employees | 19.9 K | ||||
| Beta | 1.0 | ||||
| Market Capitalization | 32.45 B | ||||
| Total Asset | 8.6 B | ||||
| Retained Earnings | 5.26 B | ||||
| Working Capital | 3.15 B | ||||
| Current Asset | 2.21 B | ||||
| Current Liabilities | 866 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.57 % | ||||
| Net Asset | 8.6 B | ||||
| Last Dividend Paid | 2.92 |
About Garmin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Garmin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Garmin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Garmin based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Garmin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Garmin's short interest history, or implied volatility extrapolated from Garmin options trading.
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Try AI Portfolio ArchitectCheck out Garmin Piotroski F Score and Garmin Altman Z Score analysis. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Garmin Stock analysis
When running Garmin's price analysis, check to measure Garmin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garmin is operating at the current time. Most of Garmin's value examination focuses on studying past and present price action to predict the probability of Garmin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garmin's price. Additionally, you may evaluate how the addition of Garmin to your portfolios can decrease your overall portfolio volatility.
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Is Garmin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.