COMP <GO>
GRMN vs CARR // EV/EBITDA & P/E VALUATION
Garmin Ltd. (Switzerland) (NYSE) VS. Carrier Global Corporation (NYSE) • 15-METRIC TALLY: GRMN 8
— CARR 5
▲ EV/EBITDA & P/E VALUATION LEADER: CARR
LAST: $272.67 (-2.60%) • MKT CAP: $53.94B
valuation
25.6x
LAST: $53.63 (-3.44%) • MKT CAP: $45.78B
valuation
18.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (GRMN VS. CARR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | GRMN | CARR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 58.70% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 16.60% | 7.20% | +9.40 | GRMN | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 25.6x | 18.5x | +7.10 | CARR | /valuation <GO> |
| Free Cash Flow Yield | 2.53% | 3.35% | -0.82 | CARR | /fcf-yield <GO> |
| Operating Margin | 25.90% | 10.00% | +15.90 | GRMN | /operating-margins <GO> |
| Net Profit Margin | 23.00% | 6.80% | +16.20 | GRMN | /net-margins <GO> |
| Revenue Growth (YoY) | 15.10% | -3.30% | +18.40 | GRMN | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.23% | 1.69% | -0.46 | CARR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 8.74 | 2.47 | +6.27 | GRMN | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | GRMN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 47.7 | 48.0 | -0.30 | CARR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.92 | 1.00 | -0.08 | CARR | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.2x | 28.7x | -1.50 | GRMN | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $53.94B | $45.78B | $8.16B | GRMN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | GRMN REV | CARR REV | GRMN GROSS % | CARR GROSS % | GRMN FCF | CARR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $7.25B | $21.75B | 58.7% | — | $1.36B | $1.53B |
| FY 2024 | $6.30B | $22.49B | 58.7% | 26.6% | $1.24B | -$448.9M |
| FY 2023 | $5.23B | $18.95B | — | — | $1.14B | $1.75B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
GRMN // BETA 0.92
CARR // BETA 1.00