GRMNGarmin
Is the price fair?
Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range and rich vs its sector.
Priced for ~11% a year FCF growth. The price demands less than its three-year revenue growth of 16% a year, expectations look modest.
Expensive vs its own history: P/E 29.9 vs a 18.5 median over 34 quarters (+62% vs median).
Sector median 16.2× across 157 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What GRMN's price assumes
Garmin trades at 29.9× earnings against 38.2× for the median Scientific & Technical Instruments name, cheaper than its own group.
Trailing P/E · Scientific & Technical Instruments median 38.2 · cheaper than the typical name in its group
- Price / sales
- 6.23
Price / sales · today's price, fiscal year to Dec 27, 2025
- Free cash flow yield
- 3.2%
Free cash flow yield · Scientific & Technical Instruments median 4.0%
- Growth the price implies
- +11%
Growth the price implies · The price pays for +11% free cash flow growth a year for a decade; the business has delivered +31% a year over the last three.
Details›
- Price / booktoday's price, fiscal year to Dec 27, 2025
- 5.03
- EV / EBITtoday's price, fiscal year to Dec 27, 2025
- 22.6
- EV / salestoday's price, fiscal year to Dec 27, 2025
- 5.86
- Consumer Cyclical median P/E321 names
- 17.8
- Scientific & Technical Instruments median P/E18 names
- 38.2
- Free cash flow, trailing twelve months
- $1.45B
- Market capitalisation
- $45.2B
- 3-year revenue growth
- +16%
- 3-year free cash flow growth
- +31%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $137.90 |
| Its own P/E history, median | $165.54 |
| Its own P/E history, upper quartile | $191.81 |
| 52-week range | $184.77 – $313.03 |
| Today | $268.36 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Scientific & Technical Instruments
The closest names by size in the same industry