Min Kao - Garmin Executive Chairman of the Board
| GRMN Stock | USD 212.85 1.67 0.78% |
Chairman
Dr. Min Hwan Kao serves as Executive Chairman of the Board of the Company. He was previously Chairman of Garmin Ltd. from August 2004 to December 2012 and CoChairman of Garmin Ltd. from August 2000 to August 2004. He served as Chief Executive Officer of Garmin Ltd. from August 2002 to December 2012 and previously served as CoChief Executive Officer from August 2000 to August 2002. Dr. Kao served as a director and officer of various subsidiaries of the Company from August 1990 until January 2013 since 2013.
| Age | 71 |
| Tenure | 11 years |
| Address | Mühlentalstrasse 2, Schaffhausen, Switzerland, 8200 |
| Phone | 41 52 630 1600 |
| Web | https://www.garmin.com |
Min Kao Latest Insider Activity
Tracking and analyzing the buying and selling activities of Min Kao against Garmin stock is an integral part of due diligence when investing in Garmin. Min Kao insider activity provides valuable insight into whether Garmin is net buyers or sellers over its current business cycle. Note, Garmin insiders must abide by specific rules, including filing SEC forms every time they buy or sell Garmin'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Min Kao over two months ago Disposition of 13815 shares by Min Kao of Garmin subject to Rule 16b-3 |
Garmin Management Efficiency
The company has return on total asset (ROA) of 0.1024 % which means that it generated a profit of $0.1024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2191 %, meaning that it created $0.2191 on every $100 dollars invested by stockholders. Garmin's management efficiency ratios could be used to measure how well Garmin manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to 0.20. Also, Return On Capital Employed is likely to grow to 0.25. At this time, Garmin's Fixed Asset Turnover is very stable compared to the past year. As of the 27th of November 2024, Return On Assets is likely to grow to 0.19, while Total Current Assets are likely to drop about 2.3 B.Similar Executives
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Management Performance
Garmin Leadership Team
Elected by the shareholders, the Garmin's board of directors comprises two types of representatives: Garmin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Garmin. The board's role is to monitor Garmin's management team and ensure that shareholders' interests are well served. Garmin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Garmin's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joshua Maxfield, General VP | ||
| Min Kao, Executive Chairman of the Board | ||
| Charles Peffer, Independent Director | ||
| Clifton Pemble, CEO and President Director and President of Garmin International Inc and President of Garmin USA Inc and President of Garmin AT Inc | ||
| Patrick Desbois, Executive Vice President - Operations | ||
| Philip Straub, Inc International | ||
| Joseph Hartnett, Independent Director | ||
| Douglas Boessen, Chief Financial Officer, Treasurer | ||
| MinHwan Kao, CoFounder Chairman | ||
| Laurie Minard, Vice Resources | ||
| Jonathan Burrell, Independent Director | ||
| Sean Biddlecombe, Managing EMEA | ||
| Ted Gartner, Director Communications | ||
| Andrew JD, VP Secretary | ||
| Douglas CPA, CFO Treasurer | ||
| Catherine Lewis, Independent Director | ||
| Teri Seck, Manager, Investor Relations | ||
| Andrew Etkind, Vice President, General Counsel, Secretary | ||
| Susan Lyman, VP Marketing | ||
| Brad Trenkle, CoChief Officer |
Garmin Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Garmin a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 38.88 B | ||||
| Shares Outstanding | 192.02 M | ||||
| Shares Owned By Insiders | 19.22 % | ||||
| Shares Owned By Institutions | 57.41 % | ||||
| Number Of Shares Shorted | 2.01 M | ||||
| Price To Earning | 17.96 X |
Pair Trading with Garmin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Garmin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Garmin will appreciate offsetting losses from the drop in the long position's value.Moving together with Garmin Stock
| 0.68 | WELX | Winland Holdings Potential Growth | PairCorr |
Moving against Garmin Stock
| 0.68 | ST | Sensata Technologies | PairCorr |
| 0.59 | SVREW | SaverOne 2014 | PairCorr |
| 0.52 | VPG | Vishay Precision | PairCorr |
The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Garmin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Garmin to buy it.
The correlation of Garmin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Garmin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.545 | Dividend Share 3 | Earnings Share 7.87 | Revenue Per Share 31.044 | Quarterly Revenue Growth 0.241 |
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.