• Return to Headlines

Highest Enterprise Value to Sales Ratio in the Consumer Electronics Industry Detected in Shares of Garmin Ltd (GRMN, HAR, UEIC, GPRO, ZAGG)

By Shiri Gupta

Below are the three companies in the Consumer Electronics industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Garmin Ltd ranks highest with a EV/Sales of 4.06. Following is Harman Intl with a EV/Sales of 1.19. Universal Elec ranks third highest with a EV/Sales of 0.95.

Gopro Inc-Cl A follows with a EV/Sales of 0.65, and Zagg Inc rounds out the top five with a EV/Sales of 0.37.

SmarTrend recommended that its subscribers protect gains by selling shares of Zagg Inc on March 11th, 2019 by issuing a Downtrend alert when the shares were trading at $10.51. Since that call, shares of Zagg Inc have fallen 36.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest enterprise value to sales ratio garmin ltd :har harman intl universal elec gopro inc-cl a zagg inc