Garmin Ltd
NYSE:GRMN
Relative Value
The Relative Value of one GRMN stock under the Base Case scenario is 113.38 USD. Compared to the current market price of 233.52 USD, Garmin Ltd is Overvalued by 51%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
Multiples Across Competitors
GRMN Competitors Multiples
Garmin Ltd Competitors
| Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
|---|---|---|---|---|---|---|---|---|
| CH |
G
|
Garmin Ltd
NYSE:GRMN
|
45B USD | 6.2 | 27 | 20.5 | 22.5 | |
| JP |
|
Sony Group Corp
TSE:6758
|
20.6T JPY | 1.7 | -97.3 | 7.6 | 13.4 | |
| JP |
|
Panasonic Holdings Corp
TSE:6752
|
6.1T JPY | 0.8 | 30 | 10.5 | 30.1 | |
| CN |
T
|
TCL Technology Group Corp
SZSE:000100
|
101.7B CNY | 0.6 | 33 | 964.5 | 964.5 | |
| KR |
|
LG Electronics Inc
KRX:066570
|
20.4T KRW | 0.2 | 19 | 3.9 | 8.9 | |
| CN |
S
|
Shenzhen MTC Co Ltd
SZSE:002429
|
49.1B CNY | 2.7 | 39.9 | 30.8 | 30.8 | |
| IN |
|
Dixon Technologies (India) Ltd
NSE:DIXON
|
626.1B INR | 1.3 | 39.4 | 32.6 | 40.1 | |
| CN |
|
Sichuan Changhong Electric Co Ltd
SSE:600839
|
45.7B CNY | 0.4 | 33.5 | 19.4 | 19.4 | |
| CN |
|
Hisense Visual Technology Co Ltd
SSE:600060
|
29B CNY | 0.5 | 11.3 | 5 | 5 | |
| JP |
|
Nikon Corp
TSE:7731
|
634.1B JPY | 0.9 | -7.3 | -9 | -5.4 | |
| CN |
|
TCL Electronics Holdings Ltd
HKEX:1070
|
29.4B HKD | 0.3 | 13.4 | 6.8 | 6.8 |