Keysight Technologies vs Garmin: Fair Value & Quality
Both stocks run through our valuation models. Here is how Keysight Technologies (KEYS) and Garmin (GRMN) compare, as of Aug 14, 2026.
As of Aug 14, 2026, Fair Value Calculator sees Garmin as the less overvalued of the two: Keysight Technologies trades at $354 versus a fair value of $107 (-70%), while Garmin trades at $312 versus $139 (-55%).
Keysight Technologies
KEYS · USD · Information Technology
-70%
upside to fair value
overvalued
Price$354
Fair Value$107
Quality71/100
Garmin
GRMN · USD · Consumer Discretionary
-55%
upside to fair value
overvalued
Price$312
Fair Value$139
Quality74/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Keysight TechnologiesGarmin
Valuation
50.8×P/E (TTM)35.0×
8.87×P/S (TTM)6.24×
9.19×P/B5.19×
38.2×EV/EBITDA20.4×
1.13×PEG3.34×
—Dividend yield1.7%
—Dividend per share$4.20
Profitability
17%Net margin23%
19%Operating margin25%
18%Return on equity20%
6%Return on assets12%
Growth
32%Revenue growth (YoY)14%
-0.3%Avg. growth/yr (3Y)14.2%
5.0%Avg. growth/yr (5Y)11.6%
Balance & size
0.43×Debt / equity—
$54BMarket cap$47B
healthyGrowth qualityhealthy
Garmin leads: 2 to 10 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Keysight Technologiesof which business quality 71 · market factors 74Garminof which business quality 73 · market factors 76
ProfitabilityMargins and returns on capital today
52
72
Quality GrowthAre margins and returns improving?
47
56
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
59
54
Low VolatilityCalm price path (market factor)
43
63
MomentumPrice trend over the last 3–12 months (market factor)
82
78
52W MomentumDistance to the 52-week high (market factor)
95
87
Net IssuanceBuybacks instead of dilution
96
81
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Keysight Technologies
DCF Models$117
Earnings-Based$36.69
Dividend Discount$5.75
Multiples$96.97
Asset-Based$23.04
Growth DCF$104
Economic Profit$46.70
Growth Earnings$117
26 of 26 models see the stock below the current price.
Garmin
DCF Models$161
Earnings-Based$92.43
Dividend Discount$60.57
Multiples$143
Asset-Based$31.17
Growth DCF$122
Economic Profit$97.49
Growth Earnings$152
26 of 26 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Keysight Technologies
Bear $72.50Fair Value $107Bull $136
$354 = current price (white tick)
Garmin
Bear $98.51Fair Value $139Bull $198
$312 = current price (white tick)
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Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Keysight Technologies · Information Technology
Quality score71 · Top 25%
Fair value upside-70% · bottom 25%
Garmin · Consumer Discretionary
Quality score74 · Top 25%
Fair value upside-55% · bottom 25%
Bottom line
As of Aug 14, 2026, Fair Value Calculator sees Garmin as the less overvalued of the two: Keysight Technologies trades at $354 versus a fair value of $107 (-70%), while Garmin trades at $312 versus $139 (-55%).
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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
