GRMN vs. SAP: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at GRMN and SAP, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
GRMN is a standard domestic listing, while SAP trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.
| Symbol | GRMN | SAP |
|---|---|---|
| Company Name | Garmin Ltd. | SAP SE |
| Country | Switzerland | Germany |
| GICS Sector | Consumer Discretionary | Information Technology |
| GICS Industry | Household Durables | Software |
| Market Capitalization | 44.30 billion USD | 320.61 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 8, 2000 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Historical Performance
This chart compares the performance of GRMN and SAP 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.
Historical Performance at a Glance
| Symbol | GRMN | SAP |
|---|---|---|
| 5-Day Price Return | -2.09% | -0.88% |
| 13-Week Price Return | 12.32% | -10.87% |
| 26-Week Price Return | 9.48% | -14.46% |
| 52-Week Price Return | 30.83% | 20.56% |
| Month-to-Date Return | 5.21% | -5.54% |
| Year-to-Date Return | 11.58% | 0.25% |
| 10-Day Avg. Volume | 0.68M | 1.46M |
| 3-Month Avg. Volume | 0.86M | 1.57M |
| 3-Month Volatility | 24.53% | 25.86% |
| Beta | 1.01 | 0.98 |
Profitability
Return on Equity (TTM)
GRMN
19.82%
Household Durables Industry
- Max
- 26.99%
- Q3
- 17.28%
- Median
- 12.66%
- Q1
- 7.34%
- Min
- 0.07%
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.
SAP
15.09%
Software Industry
- Max
- 59.01%
- Q3
- 21.98%
- Median
- 7.15%
- Q1
- -11.12%
- Min
- -51.24%
SAP’s Return on Equity of 15.09% is on par with the norm for the Software industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
GRMN
23.21%
Household Durables Industry
- Max
- 15.50%
- Q3
- 8.99%
- Median
- 6.57%
- Q1
- 4.33%
- Min
- -0.49%
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.
SAP
18.23%
Software Industry
- Max
- 48.14%
- Q3
- 18.23%
- Median
- 5.60%
- Q1
- -9.22%
- Min
- -49.36%
SAP’s Net Profit Margin of 18.23% is aligned with the median group of its peers in the Software industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
GRMN
26.02%
Household Durables Industry
- Max
- 20.22%
- Q3
- 12.29%
- Median
- 9.54%
- Q1
- 6.30%
- Min
- -1.92%
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.
SAP
25.13%
Software Industry
- Max
- 57.34%
- Q3
- 20.60%
- Median
- 7.84%
- Q1
- -8.72%
- Min
- -51.37%
An Operating Profit Margin of 25.13% places SAP in the upper quartile for the Software industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | GRMN | SAP |
|---|---|---|
| Return on Equity (TTM) | 19.82% | 15.09% |
| Return on Assets (TTM) | 16.05% | 9.09% |
| Net Profit Margin (TTM) | 23.21% | 18.23% |
| Operating Profit Margin (TTM) | 26.02% | 25.13% |
| Gross Profit Margin (TTM) | 58.94% | 73.80% |
Financial Strength
Current Ratio (MRQ)
GRMN
3.01
Household Durables Industry
- Max
- 9.23
- Q3
- 4.50
- Median
- 2.35
- Q1
- 1.29
- Min
- 0.70
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.
SAP
1.03
Software Industry
- Max
- 3.83
- Q3
- 2.31
- Median
- 1.45
- Q1
- 1.03
- Min
- 0.24
SAP’s Current Ratio of 1.03 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
GRMN
0.00
Household Durables Industry
- Max
- 1.84
- Q3
- 0.90
- 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.
SAP
0.21
Software Industry
- Max
- 2.14
- Q3
- 0.90
- Median
- 0.29
- Q1
- 0.00
- Min
- 0.00
SAP’s Debt-to-Equity Ratio of 0.21 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
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.
SAP
32.64
Software Industry
- Max
- 67.02
- Q3
- 19.86
- Median
- 0.70
- Q1
- -12.50
- Min
- -53.00
SAP’s Interest Coverage Ratio of 32.64 is in the upper quartile for the Software industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | GRMN | SAP |
|---|---|---|
| Current Ratio (MRQ) | 3.01 | 1.03 |
| Quick Ratio (MRQ) | 1.88 | 1.03 |
| Debt-to-Equity Ratio (MRQ) | 0.00 | 0.21 |
| Interest Coverage Ratio (TTM) | 73.26 | 32.64 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
GRMN
1.36%
Household Durables Industry
- Max
- 8.95%
- Q3
- 4.19%
- Median
- 1.88%
- Q1
- 0.03%
- Min
- 0.00%
GRMN’s Dividend Yield of 1.36% is consistent with its peers in the Household Durables industry, providing a dividend return that is standard for its sector.
SAP
0.99%
Software Industry
- Max
- 0.08%
- Q3
- 0.03%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP’s Dividend Yield of 0.99% is exceptionally high, placing it well above the typical range for the Software industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.
Dividend Payout Ratio (TTM)
GRMN
38.63%
Household Durables Industry
- Max
- 125.12%
- Q3
- 62.43%
- Median
- 39.18%
- Q1
- 5.55%
- 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.
SAP
161.64%
Software Industry
- Max
- 1.32%
- Q3
- 0.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
At 161.64%, SAP’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Software industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.
Dividend at a Glance
| Symbol | GRMN | SAP |
|---|---|---|
| Dividend Yield (TTM) | 1.36% | 0.99% |
| Dividend Payout Ratio (TTM) | 38.63% | 161.64% |
Valuation
Price-to-Earnings Ratio (TTM)
GRMN
28.32
Household Durables Industry
- Max
- 29.75
- Q3
- 18.88
- Median
- 13.25
- Q1
- 9.26
- Min
- 6.32
A P/E Ratio of 28.32 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.
SAP
42.26
Software Industry
- Max
- 149.35
- Q3
- 100.21
- Median
- 47.97
- Q1
- 26.77
- Min
- 11.68
SAP’s P/E Ratio of 42.26 is within the middle range for the Software industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
GRMN
6.57
Household Durables Industry
- Max
- 2.12
- Q3
- 1.21
- Median
- 0.83
- Q1
- 0.51
- Min
- 0.18
With a P/S Ratio of 6.57, 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.
SAP
7.70
Software Industry
- Max
- 25.24
- Q3
- 13.52
- Median
- 8.15
- Q1
- 4.87
- Min
- 0.98
SAP’s P/S Ratio of 7.70 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
GRMN
4.95
Household Durables Industry
- Max
- 4.21
- Q3
- 2.29
- Median
- 1.34
- Q1
- 0.98
- Min
- 0.59
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.
SAP
7.74
Software Industry
- Max
- 30.95
- Q3
- 14.91
- Median
- 7.75
- Q1
- 3.60
- Min
- 0.38
SAP’s P/B Ratio of 7.74 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | GRMN | SAP |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 28.32 | 42.26 |
| Price-to-Sales Ratio (TTM) | 6.57 | 7.70 |
| Price-to-Book Ratio (MRQ) | 4.95 | 7.74 |
| Price-to-Free Cash Flow Ratio (TTM) | 39.42 | 37.81 |