Publicação
From wearables to avionics: equity research Garmin Ltd.
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Riva, Camillo | |
| dc.contributor.author | Reusser, Moritz | |
| dc.date.accessioned | 2025-04-01T10:07:20Z | |
| dc.date.available | 2025-04-01T10:07:20Z | |
| dc.date.issued | 2025-01-15 | |
| dc.date.submitted | 2024-12-15 | |
| dc.description.abstract | This report forms part of a comprehensive equity research on Garmin Ltd., a leader in advanced navigation technologies. This section begins with an overview of Garmin’s stock and focuses on three key segments: outdoor, marine, and auto. After analyzing Garmin’s balance sheet and benchmarking key figures against peers, revenue projections for these segments are made. Segment-specific discount rates, ranging from 7.86% to 11.36%, are derived using the WACC. Employing a Discounted Cash Flow model alongside scenario analysis, sensitivity testing, and Monte Carlo simulations, a target share price of $140.58 is estimated. Combined with the Dividend Discount Model and Multiple Valuation from the complementary report section, a YE25 target price of $139.43 is projected. Based on analyses from both parts of the report, this section recommends selling Garmin shares. | pt_PT |
| dc.identifier.tid | 203927001 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/181752 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Equity research | pt_PT |
| dc.subject | Garmin Ltd. | pt_PT |
| dc.subject | Valuation | pt_PT |
| dc.title | From wearables to avionics: equity research Garmin Ltd. | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master Degree in Finance from the NOVA – School of Business and Economics | pt_PT |