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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 239.54 USD | -0.75% |
|
-3.73% | +18.97% |
| 03-10 | Garmin Ltd. Announces Launch of 360-Degree Sonar with Spy Pole | CI |
| 02-20 | S&P 500 Posts Weekly Gain Led by Communication Services | MT |
Projected Income Statement: Garmin Ltd.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,983 | 4,860 | 5,228 | 6,297 | 7,246 | 7,976 | 8,703 | 9,519 |
| Change | - | -2.46% | 7.57% | 20.44% | 15.06% | 10.08% | 9.12% | 9.37% |
| EBITDA 1 | 1,373 | 1,192 | 1,270 | 1,774 | 2,065 | 2,266 | 2,475 | 2,742 |
| Change | - | -13.23% | 6.55% | 39.69% | 16.41% | 9.74% | 9.24% | 10.79% |
| EBIT 1 | 1,219 | 1,028 | 1,092 | 1,594 | 1,876 | 2,036 | 2,235 | 2,429 |
| Change | - | -15.66% | 6.26% | 45.95% | 17.7% | 8.52% | 9.76% | 8.68% |
| Interest Paid | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 1,207 | 1,065 | 1,200 | 1,695 | 2,015 | 2,156 | 2,344 | 2,490 |
| Change | - | -11.75% | 12.71% | 41.24% | 18.82% | 7.05% | 8.71% | 6.21% |
| Net income 1 | 1,082 | 973.6 | 1,290 | 1,411 | 1,664 | 1,813 | 1,964 | 2,067 |
| Change | - | -10.04% | 32.46% | 9.44% | 17.89% | 8.99% | 8.31% | 5.24% |
| Announcement Date | 16/02/22 | 22/02/23 | 21/02/24 | 19/02/25 | 18/02/26 | - | - | - |
Forecast Balance Sheet: Garmin Ltd.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | -1,846 | -1,452 | -1,968 | -2,501 | -2,738 | -2,796 | -3,203 | -4,144 |
| Change | - | 21.34% | -35.54% | -27.08% | -9.48% | -2.12% | -14.56% | -29.38% |
| Announcement Date | 16/02/22 | 22/02/23 | 21/02/24 | 19/02/25 | 18/02/26 | - | - | - |
Cash Flow Forecast: Garmin Ltd.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| CAPEX 1 | 307.6 | 244.3 | 193.5 | 193.6 | 270.4 | 365.8 | 366.5 | 410 |
| Change | - | -20.59% | -20.78% | 0.02% | 39.71% | 35.26% | 0.2% | 11.86% |
| Free Cash Flow (FCF) 1 | 704.8 | 544 | 1,183 | 1,239 | 1,363 | 1,638 | 1,796 | 2,639 |
| Change | - | -22.82% | 117.43% | 4.75% | 10.01% | 20.21% | 9.64% | 46.9% |
| Announcement Date | 16/02/22 | 22/02/23 | 21/02/24 | 19/02/25 | 18/02/26 | - | - | - |
Forecast Financial Ratios: Garmin Ltd.
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
Profitability | ||||||||
| EBITDA Margin (%) | 27.56% | 24.52% | 24.29% | 28.17% | 28.5% | 28.41% | 28.44% | 28.81% |
| EBIT Margin (%) | 24.46% | 21.15% | 20.89% | 25.31% | 25.89% | 25.53% | 25.68% | 25.52% |
| EBT Margin (%) | 24.22% | 21.91% | 22.96% | 26.92% | 27.8% | 27.04% | 26.94% | 26.16% |
| Net margin (%) | 21.72% | 20.03% | 24.67% | 22.41% | 22.96% | 22.74% | 22.57% | 21.72% |
| FCF margin (%) | 14.14% | 11.19% | 22.62% | 19.67% | 18.81% | 20.54% | 20.64% | 27.72% |
| FCF / Net Income (%) | 65.12% | 55.87% | 91.71% | 87.78% | 81.91% | 90.35% | 91.46% | 127.67% |
Profitability | ||||||||
| ROA | 14.54% | 12.49% | 15.79% | 15.48% | 16.07% | 15.43% | 15.23% | 14.5% |
| ROE | 18.61% | 15.81% | 19.52% | 19% | 19.78% | 19.04% | 18.71% | 18.12% |
Financial Health | ||||||||
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Debt / Free cash flow | - | - | - | - | - | - | - | - |
Capital Intensity | ||||||||
| CAPEX / Current Assets (%) | 6.17% | 5.03% | 3.7% | 3.07% | 3.73% | 4.59% | 4.21% | 4.31% |
| CAPEX / EBITDA (%) | 22.4% | 20.5% | 15.24% | 10.91% | 13.1% | 16.14% | 14.81% | 14.95% |
| CAPEX / FCF (%) | 43.65% | 44.91% | 16.36% | 15.62% | 19.84% | 22.33% | 20.4% | 15.54% |
Items per share | ||||||||
| Cash flow per share 1 | 5.245 | 4.083 | 7.166 | 7.411 | 8.436 | - | - | - |
| Change | - | -22.14% | 75.49% | 3.42% | 13.83% | - | - | - |
| Dividend per Share 1 | 2.68 | 2.92 | 2.92 | 3 | - | 4.127 | 4.433 | 4.855 |
| Change | - | 8.96% | 0% | 2.74% | - | - | 7.43% | 9.51% |
| Book Value Per Share 1 | 31.74 | 32.38 | 36.64 | 40.61 | 46.62 | 51.26 | 56.65 | 65.24 |
| Change | - | 2% | 13.15% | 10.84% | 14.81% | 9.97% | 10.5% | 15.16% |
| EPS 1 | 5.61 | 5.04 | 6.71 | 7.3 | 8.59 | 9.366 | 10.16 | 10.79 |
| Change | - | -10.16% | 33.13% | 8.79% | 17.67% | 9.03% | 8.5% | 6.18% |
| Nbr of stocks (in thousands) | 192,322 | 191,664 | 191,331 | 192,025 | 192,335 | 192,481 | 192,481 | 192,481 |
| Announcement Date | 16/02/22 | 22/02/23 | 21/02/24 | 19/02/25 | 18/02/26 | - | - | - |
| 2026 * | 2027 * | |
|---|---|---|
| P/E ratio | 25.8x | 23.7x |
| PBR | 4.71x | 4.26x |
| EV / Sales | 5.47x | 4.97x |
| Yield | 1.71% | 1.84% |
EPS & Dividend
Y-o-Y evolution of P/E
Year-on-year evolution of the Yield
Trader
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Quarterly revenue - Rate of surprise
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- Financials Garmin Ltd.
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