Garmin vs Teledyne Technologies
GRMN and TDY side by side, both in measuring, analyzing, and controlling instruments; photographic, medical and optical goods; watches and clocks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How GRMN and TDY compare
Garmin is the larger company, worth 1.7 times as much as Teledyne Technologies ($52.6B against $30.5B).
On earnings, Garmin is cheaper: it trades at 28.1× trailing earnings, against 31.8× for Teledyne Technologies.
Garmin grew revenue faster over the last twelve months (13.5% versus 7.9% for Teledyne Technologies).
Garmin keeps more of each dollar of sales as profit, with a net margin of 24.5% compared with 15.3% at Teledyne Technologies.
Garmin pays a dividend yielding 1.4%; Teledyne Technologies does not pay one.
Garmin scores higher on the StockData Score (22 against 12 for Teledyne Technologies), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | GRMN | TDY |
|---|---|---|
| Size and price | ||
| Market cap | $52.6B | $30.5B |
| Share price | $272.67 | $658.23 |
| Change, 1 year | 24.2% | 27.7% |
| Change, 5 years | 91.8% | 47.5% |
| Beta (5Y) | 0.97 | 0.87 |
| Employees | 6,500 | 16K |
| StockData Score | ||
| Total score | 22 (better) | 12 |
| Valuation score | 1 | 1 |
| Growth score | 6 (better) | 2 |
| Performance score | 6 (better) | 3 |
| Health score | 6 | 6 |
| Dividend score | 3 (better) | 0 |
| Valuation | ||
| P/E | 28.1× (better) | 31.8× |
| P/S | 6.9× | 4.8× (better) |
| P/B | 5.8× | 2.8× (better) |
| EV/EBITDA | 23.6× | 20.4× (better) |
| P/FCF | 32.9× | 26.7× (better) |
| PEG | 1.45 (better) | 7.03 |
| FCF yield | 3.0% | 3.7% (better) |
| Fair value | $247.45 | $557.98 |
| Margin of safety | −10.2% (better) | −18.0% |
| Growth | ||
| Revenue growth (TTM) | 13.5% (better) | 7.9% |
| Revenue growth, 5Y average | 11.6% | 14.7% (better) |
| Net income growth (TTM) | 19.7% (better) | 13.5% |
| EPS growth (TTM) | 19.8% (better) | 13.9% |
| EPS growth, 5Y average | 10.7% | 12.2% (better) |
| Profitability | ||
| Gross margin | 60.1% (better) | 43.3% |
| Operating margin | 27.6% (better) | 19.4% |
| Net margin | 24.5% (better) | 15.3% |
| FCF margin | 20.9% (better) | 17.9% |
| Return on equity | 21.9% (better) | 9.2% |
| Return on invested capital | 29.5% (better) | 8.0% |
| Financial health | ||
| Debt / equity | 0.00 | 0.19 (better) |
| Net debt / EBITDA | – | 1.07 |
| Interest coverage | – | 24.5× |
| Current ratio | 3.03 (better) | 2.18 |
| Altman Z-score | 15.77 (better) | 5.72 |
| Piotroski F-score | 7 | 7 |
| Dividends and buybacks | ||
| Dividend yield | 1.4% | – |
| Payout ratio | 38.5% | – |
| Shareholder yield | 1.4% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 57.1% | 97.3% |
| Held by insiders | 17.4% | 1.3% |
| Insider net buying, 12 months | −$20.0M | −$11.9M (better) |
| Superinvestors holding | – | 1 |
| Short interest, % of float | 2.1% | 2.4% |
Go deeper
- GRMN stock overview
- GRMN income statement
- GRMN valuation and score
- TDY stock overview
- TDY income statement
- TDY valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.