Garmin vs Aspen Which Performs Better?

Garmin and Aspen are two well-known companies in the consumer electronics industry, both specializing in GPS technology. Garmin, founded in 1989, has established itself as a leader in the field, with a wide range of products for various industries. Aspen, on the other hand, is a newer player, founded in 2007, that has rapidly gained traction with its innovative products. Investors are often drawn to both stocks for their potential for growth and innovation in the competitive GPS market.

Garmin or Aspen?

When comparing Garmin and Aspen, 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 Garmin and Aspen.

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. Garmin has a dividend yield of 1.35%, while Aspen has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Garmin reports a 5-year dividend growth of 6.82% year and a payout ratio of 37.42%. On the other hand, Aspen reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

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 Garmin P/E ratio at 27.76 and Aspen's P/E ratio at -0.15. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Garmin P/B ratio is 5.61 while Aspen's P/B ratio is 0.03.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Garmin has seen a 5-year revenue growth of 0.54%, while Aspen's is 0.69%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Garmin's ROE at 21.10% and Aspen's ROE at -18.66%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $216.50 for Garmin and $0.04 for Aspen. Over the past year, Garmin's prices ranged from $119.15 to $220.78, with a yearly change of 85.30%. Aspen's prices fluctuated between $0.00 and $0.28, with a yearly change of 139900.00%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.