GRMN

NYSE

GARMIN LTD

Consumer Discretionary, Consumer Electronics

$310.89

close 7 Aug 2026

+35.77%

52-week change

$59.97B

market cap

$186.67

$312.70

52-week range

Expected price

$198.53 – $242.65

Current price

$310.89

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)34.70x

P/S (TTM)8.03x

P/B6.47x

EV/EBITDA (TTM)—

FCF yield (TTM)2.42%

PEG (TTM, GAAP)1.78

Context

P/E, own 5-year average24.64x

P/E, sector median22.78x*

Price at 5-year median P/E$219.07*

Indicated dividend yield1.35%

Forward — analyst consensus

Forward P/E (FY2026)30.91x*

Forward P/E (FY2027)28.59x

Forward PEG3.82*

Consensus EPS FY2026 (6 analysts)$10.06

EPS growth (FY2026→FY2027)8.09%

Revenue growth (FY2026)11.72%

Street view

Price target (mean)$283.86*

Target upside-8.70%

Ratings (buy / hold / sell)2 / 4 / 2

FY2026 EPS revisions, 30d (up / down)1 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 28 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +7.49%10Y CAGR +21.16%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$310.89

Cash & equivalents$2.29B

Total debt—

Shares outstanding192.90M

Result

DCF price per share—

Current price$310.89

Margin of safety—

PV of years 1–10$14.14B

PV of terminal value$25.80B

Equity value—

Market-implied growth—

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.56B	$1.68B	$1.80B	$1.94B	$2.08B	$2.24B	$2.41B	$2.59B	$2.78B	$2.99B	$55.70B
PV	$1.44B	$1.44B	$1.43B	$1.42B	$1.42B	$1.41B	$1.40B	$1.40B	$1.39B	$1.38B	$25.80B

period to 28 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026