GRMN

Garmin Ltd.

Technology · $55.6B market cap

Verdict

Share price

$281.16

close of Oct 3, 2026

Fair value

$170.14

Sticker Price

Payback Price

$68.06

buy price

Overpriced

GRMN is Overpriced: at $281.16 it trades 65% above its fair value of $170.14. Its buy price (Payback Price) is $68.06, 76% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings grow slowly (under 7% a year), but cash flow is steady, so we value it on its cash flow instead of its earnings.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth5.5% a year✗
Equity per share growth8.2% a year✗
Sales growth5.5% a year✗
Free cash flow growth3.7% a year✗
Return on invested capital16.0%✓

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Insider activity

Since Jul 29, 2026: no open-market purchases, 12 sales worth $4.8M and 16 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Garmin Ltd.

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals…

Hardware, Equipment & Parts

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works