Alta vs Garmin

Alta and Garmin are two prominent companies in the wearable technology industry, each offering a range of products that help individuals track their fitness and health goals. While Alta specializes in sleek and stylish fitness trackers, Garmin is known for its GPS-enabled smartwatches with advanced features for outdoor enthusiasts. Both companies have experienced fluctuations in their stock prices due to competition, market trends, and technological advancements. Investors interested in the wearable technology sector may find these stocks to be compelling opportunities for growth and diversification.

Alta or Garmin?

When comparing Alta and Garmin, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Alta and Garmin.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Alta has a dividend yield of -%, while Garmin has a dividend yield of 1.77%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Alta reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Garmin reports a 5-year dividend growth of 6.82% year and a payout ratio of 40.96%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Alta P/E ratio at 2.68 and Garmin's P/E ratio at 23.29. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Alta P/B ratio is 0.19 while Garmin's P/B ratio is 4.57.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Alta has seen a 5-year revenue growth of 10.40%, while Garmin's is 0.54%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Alta's ROE at 7.34% and Garmin's ROE at 19.93%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are zł2.62 for Alta and $166.36 for Garmin. Over the past year, Alta's prices ranged from zł1.43 to zł3.59, with a yearly change of 151.05%. Garmin's prices fluctuated between $99.61 and $184.42, with a yearly change of 85.14%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.