Analyzing the Quality Characteristics of GARMIN LTD (NYSE:GRMN).

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if GARMIN LTD (NYSE:GRMN) is suited for quality investing. Investors should of course do their own research, but we spotted GARMIN LTD showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Exploring Why NYSE:GRMN Holds Appeal for Quality Investors.

• The 5-year revenue growth of GARMIN LTD has been remarkable, with 10.88% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
• With a robust ROIC excluding cash and goodwill at 27.28%, GARMIN LTD showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
• The Debt/Free Cash Flow Ratio of GARMIN LTD stands at 0.0, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
• GARMIN LTD exhibits impressive Profit Quality (5-year) with a 79.1% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
• The 5-year EBIT growth of GARMIN LTD has been remarkable, with 11.01% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• The EBIT 5-year growth of GARMIN LTD has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

Zooming in on the fundamentals.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to GRMN. GRMN was compared to 66 industry peers in the Household Durables industry. GRMN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. GRMN is valued quite expensive, but it does show an excellent growth. This makes GRMN very considerable for growth and quality investing!

Check the latest full fundamental report of GRMN for a complete fundamental analysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.