$Garmin (GRMN.US)$It is a Swiss company that was listed in 2...

Over the past 5 years, gross margin has basically been around 58%, while return on net assets has fluctuated around 18%. Both indicators are in the middle.

Over the past 5 years, revenue, operating profit, and net profit (excluding 2018) have basically maintained a moderate growth rate. Net profit has grown at an average rate of 16% over the past 5 years, with an average growth rate of 16% in the past 3 years.

2022 Q1 revenue, operating profit, and net profit increased 9.4%, -8.5%, and -3.8%, respectively.

2022 Q2 revenue, operating profit, and net profit shrank 6.5%, 21%, and 18.7%, respectively.

The cumulative growth for the first two quarters of 2022 was 0.6%, -16%, and -13%, respectively.

Currently, the market seems unwilling to accept this fact. The price-earnings ratio is 17 and the price-earnings ratio is TTM18, which is not very attractive for the time being.