Pricing Log in Create free account

Garmin Ltd. (GRMN) vs Trimble Inc. (TRMB)

Garmin Ltd. and Trimble Inc. are both Scientific & Technical Instruments companies. Garmin Ltd. is the larger, with a market value of $55.2B against $12.5B — 4.4× the size. Trimble Inc. has negative trailing earnings, so its P/E is not meaningful; Garmin Ltd. trades at 27.2×. Garmin Ltd. grew revenue faster over the last twelve months: 13.6% against 6.88%. Garmin Ltd. has the higher net margin (25.6% vs −4.08%) and the higher return on invested capital (19.7% vs 6.30%). Across the 21 metrics below, Garmin Ltd. leads on 13 and Trimble Inc. on 8.

Valuation

Metric GRMN TRMB Scientific & Technical Instruments median
P/E 27.24 n/m 28.21
P/S 6.97 3.27 4.46
P/B 5.76 2.53 3.10
Price to free cash flow 37.55 15.91 24.15
EV/EBITDA 21.33 16.61 18.28
EV/Sales 6.68 3.61 4.64
Earnings yield 3.67% (1.27%) 0.68%
Free cash flow yield 2.66% 6.28% 1.98%

Profitability

Metric GRMN TRMB Scientific & Technical Instruments median
Gross margin 61.12% 69.60% 47.24%
Operating margin 28.82% 16.48% 8.96%
Net margin 25.58% (4.08%) 1.92%
Free cash flow margin 18.61% 20.74% 10.59%
Return on equity 22.38% (2.92%) 2.66%
Return on assets 17.92% (1.79%) 1.12%
Return on invested capital 19.70% 6.30% 4.79%

Growth

Metric GRMN TRMB Scientific & Technical Instruments median
Revenue growth (TTM) 13.59% 6.88% 9.26%
EPS growth (last fiscal year) 17.67% (71.10%) 13.24%
Revenue growth, 5-year CAGR 11.59% 2.65% 7.89%
Net income growth, 5-year CAGR 10.89% 1.69% 0.00%

Health

Metric GRMN TRMB Scientific & Technical Instruments median
Debt to equity 0.00 0.31 0.00
Current ratio 3.05 0.93 2.30
Net debt to EBITDA (1.33) 1.44 0.45

Dividend

Metric GRMN TRMB Scientific & Technical Instruments median
Dividend yield 1.37% — 0.62%
Payout ratio 0.37 — 0.22

Size

Metric GRMN TRMB Scientific & Technical Instruments median
Market cap 55.19b 12.51b 549.07m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack