GRMN vs FLEX

Comparison between Garmin Ltd (GRMN, Company) and Flex Ltd (FLEX, Company).

Both GRMN and FLEX are from the Technology sector.

5-Year PerformanceFLEX has outperformed GRMN, delivering a return of +68.7% compared to +11.6%

GRMN vs FLEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GRMN(COMPANY)	FLEX(COMPANY)
Market Cap	$46B	$46B
Max Drawdown	87.75%	96.37%
Sharpe Ratio	0.28	1.57
5Y Beta	1.10	1.94
Industry	Scientific & Technical Instruments	Electronic Components
P/E Ratio	26.68	53.35
Forward P/E	25.51	25.91
PEG Ratio	1.47	0.16
Dividend Yield	1.72%	N/A
5Y Dividends CAGR	13.21%	N/A
5Y EPS CAGR	11.05%	14.05%
Debt to Equity	0.00%	72.92%
Free Cash Flow Yield	3.13%	2.27%

Market Cap

GRMN

$46B

Winner

FLEX

$46B

Max Drawdown

Winner

GRMN

87.75%

FLEX

96.37%

Sharpe Ratio

GRMN

0.28

Winner

FLEX

1.57

5Y Beta

Winner

GRMN

1.10

FLEX

1.94

Industry

GRMN

Scientific & Technical Instruments

FLEX

Electronic Components

P/E Ratio

Winner

GRMN

26.68

FLEX

53.35

Forward P/E

Winner

GRMN

25.51

FLEX

25.91

PEG Ratio

GRMN

1.47

Winner

FLEX

0.16

Dividend Yield

GRMN

1.72%

FLEX

N/A

5Y Dividends CAGR

GRMN

13.21%

FLEX

N/A

5Y EPS CAGR

GRMN

11.05%

Winner

FLEX

14.05%

Debt to Equity

Winner

GRMN

0.00%

FLEX

72.92%

Free Cash Flow Yield

Winner

GRMN

3.13%

FLEX

2.27%

GRMN vs FLEX - Historical Returns

Returns include dividend reinvestment.

Period	GRMN	FLEX
1 month	+1.49%	-15.75%
3 months	-7.60%	+47.23%
6 months	+17.34%	+100.61%
1 year	+5.12%	+137.81%
5 years(CAGR)	+11.63%	+68.72%
10 years(CAGR)	+21.05%	+33.13%
Max(CAGR)	+16.48%	+10.03%

Winner

GRMN

+1.49%

FLEX

-15.75%

GRMN

-7.60%

Winner

FLEX

+47.23%

GRMN

+17.34%

Winner

FLEX

+100.61%

GRMN

+5.12%

Winner

FLEX

+137.81%

5Y(CAGR)

GRMN

+11.63%

Winner

FLEX

+68.72%

10Y(CAGR)

GRMN

+21.05%

Winner

FLEX

+33.13%

Max(CAGR)

Winner

GRMN

+16.48%

FLEX

+10.03%

GRMN vs FLEX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GRMN	FLEX
2026	+19.50%	+100.91%
2025	+0.77%	+56.45%
2024	+65.84%	+125.22%
2023	+41.13%	+41.28%
2022	-28.81%	+15.50%
2021	+16.75%	+2.52%
2020	+24.79%	+40.69%
2019	+60.15%	+59.95%
2018	+9.89%	-58.26%
2017	+25.77%	+24.93%
2016	+37.97%	+29.40%
2015	-25.72%	+0.99%
2014	+21.67%	+45.01%
2013	+16.24%	+21.79%
2012	+9.09%	+6.52%
2011	+39.94%	-29.60%
2010	+0.27%	+6.66%
2009	+44.43%	+158.31%
2008	-78.27%	-78.03%
2007	+75.54%	+5.88%
2006	+66.91%	+10.17%
2005	+13.62%	-22.67%
2004	+14.29%	-8.17%
2003	+83.34%	+61.75%
2002	+37.88%	-67.23%
2001	+10.75%	-0.58%
2000	-1.25%	+25.97%
1999	N/A	+29.87%

GRMN vs FLEX Drawdown Comparison

The maximum drawdown for GRMN was -87.71%, occurring on Nov 20, 2008. Recovery took 2846 trading sessions.

The maximum drawdown for FLEX was -96.37%, occurring on Nov 20, 2008. Recovery took 5887 trading sessions.

The current GRMN drawdown is -9.92%. The current FLEX drawdown is -21.06%.

Rank	GRMN	FLEX
#1	-87.71% Oct 29, 2007 - Feb 20, 2019	-96.37% Sep 6, 2000 - Feb 1, 2024
#2	-54.62% Aug 30, 2021 - May 6, 2024	-40.73% Mar 28, 2000 - Jul 13, 2000
#3	-51.02% Jan 8, 2004 - Nov 26, 2004	-39.99% Jan 22, 2025 - Jun 17, 2025
#4	-42.70% Feb 8, 2001 - Dec 2, 2002	-26.42% Jun 30, 2026 - Jul 17, 2026
#5	-38.17% Feb 19, 2020 - Aug 5, 2020	-18.38% Dec 10, 2025 - Apr 8, 2026
#6	-36.29% Dec 28, 2004 - Sep 9, 2005	-17.54% Oct 29, 2025 - Dec 8, 2025
#7	-27.98% Feb 19, 2025 - Aug 28, 2025	-17.36% Jul 17, 2000 - Sep 5, 2000
#8	-27.97% Oct 8, 2025 - Apr 13, 2026	-16.81% May 30, 2024 - Sep 26, 2024
#9	-27.88% Jun 6, 2003 - Oct 29, 2003	-14.85% Mar 10, 2000 - Mar 24, 2000
#10	-22.40% Oct 3, 2005 - Feb 27, 2006	-14.24% Jan 24, 2000 - Feb 9, 2000
#11	-21.56% Jun 29, 2006 - Oct 26, 2006	-14.03% Mar 6, 2024 - May 22, 2024
#12	-20.32% Sep 27, 2007 - Oct 24, 2007	-13.86% Jun 3, 2026 - Jun 30, 2026
#13	-19.77% Dec 11, 2000 - Feb 2, 2001	-12.95% May 11, 2026 - May 27, 2026
#14	-18.02% Oct 26, 2006 - Dec 15, 2006	-12.50% Feb 9, 2000 - Feb 23, 2000
#15	-15.61% Apr 20, 2026 - May 15, 2026	-11.78% Dec 13, 1999 - Jan 14, 2000

Correlation

Correlation between GRMN and FLEX is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2003 - 2026)

GRMN vs FLEX dividend yield comparison.

Year	GRMN	FLEX
2026	0.81%	0.00%
2025	1.70%	0.00%
2024	1.44%	21.00%
2023	2.27%	0.00%
2022	3.10%	0.00%
2021	1.92%	0.00%
2020	2.01%	0.00%
2019	2.30%	0.00%
2018	3.32%	0.00%
2017	3.42%	0.00%
2016	4.21%	0.00%
2015	5.41%	0.00%
2014	3.58%	0.00%
2013	4.87%	0.00%
2012	6.26%	0.00%
2011	8.04%	0.00%
2010	4.84%	0.00%
2009	2.44%	0.00%
2008	3.91%	0.00%
2007	0.77%	0.00%
2006	0.90%	0.00%
2005	0.75%	0.00%
2004	0.82%	0.00%
2003	0.92%	0.00%