WallStSmart

Garmin Ltd (GRMN)vsTrimble Inc (TRMB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Garmin Ltd generates 102% more annual revenue ($7.25B vs $3.59B). GRMN leads profitability with a 23.0% profit margin vs 11.8%. GRMN appears more attractively valued with a PEG of 3.02. GRMN earns a higher WallStSmart Score of 64/100 (C+).

GRMN

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 8.5Value: 7.3Quality: 9.0
Piotroski: 5/9Altman Z: 5.27

TRMB

Buy

56

out of 100

Grade: C

Growth: 4.7Profit: 6.0Value: 6.7Quality: 5.8
Piotroski: 5/9Altman Z: 2.12
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRMNUndervalued (+41.0%)

Margin of Safety

+41.0%

Fair Value

$350.19

Current Price

$232.36

$117.83 discount

UndervaluedFair: $350.19Overvalued
TRMBUndervalued (+20.9%)

Margin of Safety

+20.9%

Fair Value

$82.37

Current Price

$65.71

$16.66 discount

UndervaluedFair: $82.37Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRMN6 strengths · Avg: 8.8/10
Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.2710/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
23.0%9/10

Keeps 23 of every $100 in revenue as profit

Operating MarginProfitability
28.9%8/10

Strong operational efficiency at 28.9%

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

EPS GrowthGrowth
21.2%8/10

Earnings expanding 21.2% YoY

TRMB3 strengths · Avg: 8.7/10
EPS GrowthGrowth
80.5%10/10

Earnings expanding 80.5% YoY

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.5%8/10

Strong operational efficiency at 22.5%

Areas to Watch

GRMN2 concerns · Avg: 3.0/10
P/E RatioValuation
27.0x4/10

Moderate valuation

PEG RatioValuation
3.022/10

Expensive relative to growth rate

TRMB4 concerns · Avg: 2.8/10
P/E RatioValuation
37.3x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
7.3%3/10

ROE of 7.3% — below average capital efficiency

PEG RatioValuation
3.682/10

Expensive relative to growth rate

Revenue GrowthGrowth
-140.0%2/10

Revenue declined 140.0%

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 23.0% and operating margin at 28.9%. Revenue growth of 16.6% demonstrates continued momentum.

Bull Case : TRMB

The strongest argument for TRMB centers on EPS Growth, Price/Book, Operating Margin.

Bear Case : GRMN

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

Bear Case : TRMB

The primary concerns for TRMB are P/E Ratio, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

GRMN profiles as a growth stock while TRMB is a declining play — different risk/reward profiles.

TRMB carries more volatility with a beta of 1.57 — expect wider price swings.

GRMN is growing revenue faster at 16.6% — sustainability is the question.

GRMN generates stronger free cash flow (430M), providing more financial flexibility.

Bottom Line

GRMN scores higher overall (64/100 vs 56/100), backed by strong 23.0% margins and 16.6% revenue growth. TRMB offers better value entry with a 20.9% margin of safety. Both earn "Buy" and "Buy" 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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Trimble Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Trimble Inc. is a Sunnyvale, California-based hardware, software and services technology company. Trimble services global industries in Agriculture, Building & Construction, Geospatial, Natural Resources and Utilities, Governments, Transportation and others. Trimble also does hardware development of Global Navigation Satellite System (GNSS) receivers, scanners, laser rangefinders, unmanned aerial vehicles (UAVs), inertial navigation systems and software processing tools.

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