WallStSmart

Garmin Ltd (GRMN)vsMind Technology Inc (MIND)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Garmin Ltd generates 17373% more annual revenue ($7.46B vs $42.72M). GRMN leads profitability with a 23.3% profit margin vs 3.1%. MIND appears more attractively valued with a PEG of 0.37. GRMN earns a higher WallStSmart Score of 64/100 (C+).

GRMN

Buy

64

out of 100

Grade: C+

Growth: 7.3Profit: 8.0Value: 3.3Quality: 9.0
Piotroski: 5/9Altman Z: 5.31

MIND

Hold

47

out of 100

Grade: D+

Growth: 6.0Profit: 4.5Value: 5.3Quality: 8.0
Piotroski: 3/9Altman Z: 2.04
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRMNSignificantly Overvalued (-50.7%)

Margin of Safety

-50.7%

Fair Value

$137.09

Current Price

$294.83

$157.74 premium

UndervaluedFair: $137.09Overvalued
MINDSignificantly Overvalued (-52.1%)

Margin of Safety

-52.1%

Fair Value

$5.58

Current Price

$4.77

$0.81 premium

UndervaluedFair: $5.58Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRMN5 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.3110/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
23.3%9/10

Keeps 23 of every $100 in revenue as profit

Operating MarginProfitability
24.6%8/10

Strong operational efficiency at 24.6%

EPS GrowthGrowth
21.5%8/10

Earnings expanding 21.5% YoY

MIND4 strengths · Avg: 9.5/10
PEG RatioValuation
0.3710/10

Growing faster than its price suggests

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
22.4%8/10

Revenue surging 22.4% year-over-year

Areas to Watch

GRMN2 concerns · Avg: 3.0/10
P/E RatioValuation
26.4x4/10

Moderate valuation

PEG RatioValuation
3.252/10

Expensive relative to growth rate

MIND4 concerns · Avg: 3.3/10
P/E RatioValuation
33.0x4/10

Premium valuation, high expectations priced in

Market CapQuality
$47.99M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.8%3/10

ROE of 1.8% — below average capital efficiency

Profit MarginProfitability
3.1%3/10

3.1% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : GRMN

The strongest argument for GRMN centers on Debt/Equity, Altman Z-Score, Profit Margin. Profitability is solid with margins at 23.3% and operating margin at 24.6%. Revenue growth of 14.2% demonstrates continued momentum.

Bull Case : MIND

The strongest argument for MIND centers on PEG Ratio, Price/Book, Debt/Equity. Revenue growth of 22.4% demonstrates continued momentum. PEG of 0.37 suggests the stock is reasonably priced for its growth.

Bear Case : GRMN

The primary concerns for GRMN are P/E Ratio, PEG Ratio.

Bear Case : MIND

The primary concerns for MIND are P/E Ratio, Market Cap, Return on Equity. Thin 3.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

GRMN profiles as a mature stock while MIND is a growth play — different risk/reward profiles.

GRMN carries more volatility with a beta of 0.91 — expect wider price swings.

MIND is growing revenue faster at 22.4% — sustainability is the question.

GRMN generates stronger free cash flow (469M), providing more financial flexibility.

Bottom Line

GRMN scores higher overall (64/100 vs 47/100), backed by strong 23.3% margins and 14.2% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Garmin Ltd

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Garmin Ltd. is an American multinational technology company with headquarters in Olathe, Kansas.

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Mind Technology Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

MIND Technology, Inc., provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company is headquartered in The Woodlands, Texas.

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