Garmin Ltd. vs MakeMyTrip Ltd — how do they compare? Garmin Ltd. trades at $247.99 (market cap $46.62B), while MakeMyTrip Ltd trades at $54.35 (market cap $5.24B). The key difference: Garmin Ltd. is far larger — about 8.9× MakeMyTrip Ltd's market cap, and Garmin Ltd. pays a 1.74% dividend while MakeMyTrip Ltd pays none. Which is the better fit depends on your goals.
| GRMN | MMYT | |
|---|---|---|
Market Cap | $46.62B | $5.24B |
Sector | Technology | Technology |
52-Week High | $267.52 | $103.21 |
52-Week Low | $187.10 | $36.30 |
Enterprise Value | $44.09B | $5.89B |
Dividend Yield | 1.74% | — |
Signals from Pluang's Aura AI — not financial advice
Garmin (GRMN) trades at $247.96, up 2.72% on the day, with a neutral technical outlook and mixed earnings history including recent beats. Revenue growth is strong, reaching $7.25B in 2025, with robust profitability margins. Recent news highlights product innovations in aviation and marine electronics, supporting growth prospects. The stock is near its consensus price target of $281.50, indicating moderate upside potential from current levels.
The outlook for GRMN is cautiously optimistic, driven by solid fundamentals and innovation, but tempered by high valuation ratios and a majority hold rating from analysts. Key risks include competitive pressures and market volatility, while institutional sentiment remains mixed with limited insider activity noted.
MMYT trades at $54.29, down 2.62% today amid a bearish technical signal, though it remains above key support at $52. The company shows strong revenue growth with $978M in 2025 and consistent earnings beats, but faces a high P/E of 153.56. Recent news highlights volatility from travel disruptions, yet analyst consensus remains strongly bullish with 73% buy ratings.
Outlook is mixed: robust fundamentals and analyst support suggest long-term potential, but high valuation and projected profit margin compression to 4.96% in 2026 pose risks. Investors should weigh growth against debt increases and market sensitivity to travel sector headwinds.
Trailing returns across standard periods
Latest headlines on both assets
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.
Read more on MMYT →