Garmin Ltd. (GRMN) Stock Analysis
Last updated Oct 27, 2026
Health Check
Last analyzed Oct 23, 2026
- Financial Health 70
- Profitability 95
- Business Quality 100
- Balance Sheet 65
- Cash Flow 80
Why this rating?
Health 87/100 — Elite Quality
Worth tracking, but timing is mixed — not a clear setup yet.
Company overview
Garmin Ltd. (GRMN) is a Scientific & Technical Instruments company in the Technology sector. Compound Radar rates Garmin Ltd. 87/100 (Elite Quality) due to high business quality, steady revenue growth, and manageable leverage.
Investment profile
- Quality High
- Growth Moderate
- Balance Sheet Adequate
- Valuation Fair
Financial highlights
Valuation
- P/E 29.86
- Forward P/E 25.99
- PEG 3.11
- EV/Revenue 6.96
Profitability
- Revenue Growth 11.4%
- Gross Margin 60.1%
- Operating Margin 30.4%
- Net Margin 24.5%
- ROE 21.9%
Financial strength
- Cash $2.67B
- Debt $226.86M
- Net Cash $2.44B
- Free Cash Flow $1.36B
- Current Ratio 3.03
Similar companies
Peers in Scientific & Technical Instruments, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Keysight Technologies, Inc. Scientific & Technical Instruments KEYS$336.10 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Cognex Corporation Scientific & Technical Instruments CGNX$58.22 70 Health 70 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Itron, Inc. Scientific & Technical Instruments ITRI$94.55 67 Health 67 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Fortive Corporation Scientific & Technical Instruments FTV$61.62 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Good Entry Good EntryA usable setup — not as clean as Strong Entry, but timing is not mixed or weak.
- Trimble Inc. Scientific & Technical Instruments TRMB$63.16 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Vontier Corporation Scientific & Technical Instruments VNT$34.73 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Coherent Corp. Scientific & Technical Instruments COHR$235.79 59 Health 59 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- MKS Inc. Scientific & Technical Instruments MKSI$212.16 59 Health 59 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Garmin Ltd. (GRMN).