Seek Returns logo

ANET vs. GRMN: A Head-to-Head Stock Comparison

Updated on

Here’s a clear look at ANET and GRMN, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolANETGRMN
Company NameArista Networks IncGarmin Ltd.
CountryUnited StatesSwitzerland
GICS SectorInformation TechnologyConsumer Discretionary
GICS IndustryCommunications EquipmentHousehold Durables
Market Capitalization197.78 billion USD50.00 billion USD
ExchangeNYSENYSE
Listing DateJune 6, 2014December 8, 2000
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of ANET and GRMN by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ANET vs. GRMN: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolANETGRMN
5-Day Price Return8.93%0.79%
13-Week Price Return48.06%19.65%
26-Week Price Return120.79%40.16%
52-Week Price Return60.34%59.24%
Month-to-Date Return8.00%5.50%
Year-to-Date Return42.37%25.94%
10-Day Avg. Volume7.36M0.72M
3-Month Avg. Volume9.31M0.85M
3-Month Volatility51.95%25.51%
Beta1.391.04

Profitability

Return on Equity (TTM)

ANET

32.30%

Communications Equipment Industry

Max
32.30%
Q3
20.90%
Median
9.10%
Q1
4.29%
Min
-13.50%

In the upper quartile for the Communications Equipment industry, ANET’s Return on Equity of 32.30% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

GRMN

19.82%

Household Durables Industry

Max
27.70%
Q3
17.40%
Median
12.87%
Q1
7.33%
Min
-5.50%

In the upper quartile for the Household Durables industry, GRMN’s Return on Equity of 19.82% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

ANET vs. GRMN: A comparison of their Return on Equity (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Net Profit Margin (TTM)

ANET

40.89%

Communications Equipment Industry

Max
23.65%
Q3
12.56%
Median
5.62%
Q1
2.50%
Min
-3.09%

ANET’s Net Profit Margin of 40.89% is exceptionally high, placing it well beyond the typical range for the Communications Equipment industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

GRMN

23.21%

Household Durables Industry

Max
16.37%
Q3
9.18%
Median
6.63%
Q1
3.85%
Min
-3.29%

GRMN’s Net Profit Margin of 23.21% is exceptionally high, placing it well beyond the typical range for the Household Durables industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

ANET vs. GRMN: A comparison of their Net Profit Margin (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Operating Profit Margin (TTM)

ANET

43.14%

Communications Equipment Industry

Max
25.23%
Q3
13.72%
Median
6.44%
Q1
3.00%
Min
-10.95%

ANET’s Operating Profit Margin of 43.14% is exceptionally high, placing it well above the typical range for the Communications Equipment industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

GRMN

26.02%

Household Durables Industry

Max
21.32%
Q3
12.25%
Median
9.93%
Q1
5.57%
Min
-1.07%

GRMN’s Operating Profit Margin of 26.02% is exceptionally high, placing it well above the typical range for the Household Durables industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

ANET vs. GRMN: A comparison of their Operating Profit Margin (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Profitability at a Glance

SymbolANETGRMN
Return on Equity (TTM)32.30%19.82%
Return on Assets (TTM)22.45%16.05%
Net Profit Margin (TTM)40.89%23.21%
Operating Profit Margin (TTM)43.14%26.02%
Gross Profit Margin (TTM)64.24%58.94%

Financial Strength

Current Ratio (MRQ)

ANET

3.33

Communications Equipment Industry

Max
3.33
Q3
2.13
Median
1.55
Q1
1.15
Min
0.91

ANET’s Current Ratio of 3.33 is in the upper quartile for the Communications Equipment industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

GRMN

3.01

Household Durables Industry

Max
6.09
Q3
3.79
Median
2.54
Q1
1.23
Min
0.83

GRMN’s Current Ratio of 3.01 aligns with the median group of the Household Durables industry, indicating that its short-term liquidity is in line with its sector peers.

ANET vs. GRMN: A comparison of their Current Ratio (MRQ) against their respective Communications Equipment and Household Durables industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ANET

0.00

Communications Equipment Industry

Max
1.44
Q3
0.86
Median
0.53
Q1
0.22
Min
0.00

Falling into the lower quartile for the Communications Equipment industry, ANET’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

GRMN

0.00

Household Durables Industry

Max
1.89
Q3
0.87
Median
0.34
Q1
0.19
Min
0.00

Falling into the lower quartile for the Household Durables industry, GRMN’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

ANET vs. GRMN: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Communications Equipment and Household Durables industry benchmarks.

Interest Coverage Ratio (TTM)

ANET

171.78

Communications Equipment Industry

Max
55.49
Q3
34.19
Median
7.59
Q1
3.73
Min
-9.94

With an Interest Coverage Ratio of 171.78, ANET demonstrates a superior capacity to service its debt, placing it well above the typical range for the Communications Equipment industry. This stems from either robust earnings or a conservative debt load.

GRMN

73.26

Household Durables Industry

Max
140.40
Q3
77.14
Median
24.53
Q1
5.69
Min
-17.01

GRMN’s Interest Coverage Ratio of 73.26 is positioned comfortably within the norm for the Household Durables industry, indicating a standard and healthy capacity to cover its interest payments.

ANET vs. GRMN: A comparison of their Interest Coverage Ratio (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Financial Strength at a Glance

SymbolANETGRMN
Current Ratio (MRQ)3.333.01
Quick Ratio (MRQ)2.581.88
Debt-to-Equity Ratio (MRQ)0.000.00
Interest Coverage Ratio (TTM)171.7873.26

Growth

Revenue Growth

ANET vs. GRMN: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ANET vs. GRMN: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ANET

0.00%

Communications Equipment Industry

Max
8.13%
Q3
3.29%
Median
0.94%
Q1
0.00%
Min
0.00%

ANET currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

GRMN

1.22%

Household Durables Industry

Max
9.61%
Q3
3.97%
Median
2.00%
Q1
0.18%
Min
0.00%

GRMN’s Dividend Yield of 1.22% is consistent with its peers in the Household Durables industry, providing a dividend return that is standard for its sector.

ANET vs. GRMN: A comparison of their Dividend Yield (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Dividend Payout Ratio (TTM)

ANET

0.00%

Communications Equipment Industry

Max
111.16%
Q3
70.91%
Median
30.78%
Q1
0.00%
Min
0.00%

ANET has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

GRMN

38.63%

Household Durables Industry

Max
129.55%
Q3
65.55%
Median
42.15%
Q1
6.45%
Min
0.00%

GRMN’s Dividend Payout Ratio of 38.63% is within the typical range for the Household Durables industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ANET vs. GRMN: A comparison of their Dividend Payout Ratio (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Dividend at a Glance

SymbolANETGRMN
Dividend Yield (TTM)0.00%1.22%
Dividend Payout Ratio (TTM)0.00%38.63%

Valuation

Price-to-Earnings Ratio (TTM)

ANET

56.16

Communications Equipment Industry

Max
103.74
Q3
61.65
Median
26.20
Q1
18.12
Min
4.19

ANET’s P/E Ratio of 56.16 is within the middle range for the Communications Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

GRMN

31.66

Household Durables Industry

Max
33.67
Q3
19.33
Median
12.58
Q1
9.62
Min
6.48

A P/E Ratio of 31.66 places GRMN in the upper quartile for the Household Durables industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

ANET vs. GRMN: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Price-to-Sales Ratio (TTM)

ANET

22.97

Communications Equipment Industry

Max
6.86
Q3
6.24
Median
2.44
Q1
1.02
Min
0.48

With a P/S Ratio of 22.97, ANET trades at a valuation that eclipses even the highest in the Communications Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

GRMN

7.35

Household Durables Industry

Max
2.54
Q3
1.39
Median
0.90
Q1
0.54
Min
0.19

With a P/S Ratio of 7.35, GRMN trades at a valuation that eclipses even the highest in the Household Durables industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

ANET vs. GRMN: A comparison of their Price-to-Sales Ratio (TTM) against their respective Communications Equipment and Household Durables industry benchmarks.

Price-to-Book Ratio (MRQ)

ANET

11.79

Communications Equipment Industry

Max
6.28
Q3
5.73
Median
3.32
Q1
2.02
Min
0.42

At 11.79, ANET’s P/B Ratio is at an extreme premium to the Communications Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

GRMN

4.95

Household Durables Industry

Max
3.26
Q3
2.01
Median
1.38
Q1
1.00
Min
0.58

At 4.95, GRMN’s P/B Ratio is at an extreme premium to the Household Durables industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

ANET vs. GRMN: A comparison of their Price-to-Book Ratio (MRQ) against their respective Communications Equipment and Household Durables industry benchmarks.

Valuation at a Glance

SymbolANETGRMN
Price-to-Earnings Ratio (TTM)56.1631.66
Price-to-Sales Ratio (TTM)22.977.35
Price-to-Book Ratio (MRQ)11.794.95
Price-to-Free Cash Flow Ratio (TTM)45.9444.06