Reviewing Garmin Ltd. (GRMN)’s and Mitcham Industries Inc. (NASDAQ:MINDP)’s results

This is therefore a contrasting of the risk, analyst recommendations, profitability, dividends, institutional ownership, earnings and valuation in Garmin Ltd. (NASDAQ:GRMN) and Mitcham Industries Inc. (NASDAQ:MINDP). The two are both Scientific & Technical Instruments companies that compete with one another.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Garmin Ltd. 3.40B 4.35 704.88M 3.66 23.17
Mitcham Industries Inc. 42.94M 1.08 21.55M -2.07 0.00

Table 1 demonstrates Garmin Ltd. and Mitcham Industries Inc.’s top-line revenue, earnings per share and valuation.

Profitability

Table 2 shows Garmin Ltd. and Mitcham Industries Inc.’s return on equity, net margins and return on assets.

Net Margins Return on Equity Return on Assets
Garmin Ltd. 20.73% 17.5% 13.7%
Mitcham Industries Inc. -50.19% 0% 0%

Dividends

Garmin Ltd. pays out $2.28 per share annually while its annual dividend yield is 2.95%. No dividend is paid out for Mitcham Industries Inc.

Analyst Ratings

The following table delivered below contains the ratings and recommendations for Garmin Ltd. and Mitcham Industries Inc.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Garmin Ltd. 1 2 0 2.67
Mitcham Industries Inc. 0 0 0 0.00

$75.75 is Garmin Ltd.’s average price target while its potential downside is -2.87%.

Insider & Institutional Ownership

The shares of both Garmin Ltd. and Mitcham Industries Inc. are owned by institutional investors at 46.1% and 0% respectively. About 1.2% of Garmin Ltd.’s share are held by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Garmin Ltd. 1.42% 22.49% 27.66% 24.42% 43.97% 33.83%
Mitcham Industries Inc. -0.13% 2.94% 1.83% -2.69% 1.54% 1.69%

For the past year Garmin Ltd. was more bullish than Mitcham Industries Inc.

Summary

Garmin Ltd. beats on 13 of the 13 factors Mitcham Industries Inc.

Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. The Aviation segment provides navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, datalink weather, in-cockpit and cloud connectivity, automated logbook, voice and touch control, and other products and services; wearables, portables, and apps; and traffic collision avoidance, and terrain awareness and warning systems. It also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wrist-worn devices, sailing products, and entertainment products. The Outdoor segment offers outdoor handhelds, wearable devices, golf devices, and dog tracking and training/pet obedience devices. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and activity tracking devices, as well as Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms for users to track and analyze their fitness and wellness data. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

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