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Investing in Garmin Ltd. (GRMN)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)103.58-28
Intrinsic value (DCF)84.93-41
Graham-Dodd Method71.61-50
Graham Formula93.04-35

Company description

GRMN (Garmin Ltd.) is a multinational technology company that specializes in manufacturing and selling global positioning system (GPS) navigation and personal electronic devices for automotive, aviation, marine, outdoor, and sports activities. Founded in 1989 by two engineers, the company has since grown to become a leader in GPS technology, with its products being used in various industries worldwide. With its headquarters in Switzerland, GRMN has a strong global presence, with offices and facilities in 35 countries and employs over 15,000 people. The company offers a wide range of products, including portable GPS navigators, action cameras, smartwatches, and fitness trackers, to name a few. It also provides professional solutions for fleet management, commercial aviation, and government agencies. GRMN is known for its innovative and reliable products that cater to the needs of its diverse customer base. The company continually invests in research and development to improve its technology, staying ahead of its competitors. It has a strong financial performance, with consistent revenue growth and profitability over the years. GRMN also has a strong commitment to social responsibility and sustainability, implementing environmentally friendly practices in its operations. Overall, GRMN is a highly reputable and successful company that continues to dominate the GPS market and expand its product offerings to meet the ever-changing needs of its customers.
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