CompX International Inc.

CompX International Inc.

CIXยทAMEX

$24.37

+1.0%
IndustrialsSecurity & Protection Services

CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines. This segment serves recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, and other industries. The Marine Components segment manufactures and distributes stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement systems, trim tabs, steering wheels, and billet aluminum accessories; dash panels, LED indicators, and wire harnesses; and grab handles, pin cleats, and related hardware and accessories primarily for performance and ski/wakeboard boats for the recreational marine and other industries. The company sells its products directly to original equipment manufacturers, as well as through distributors. The company was incorporated in 1993 and is based in Dallas, Texas. CompX International Inc. is a subsidiary of NL Industries, Inc.

At a Glance

Live Snapshot
Market Cap$300.31M
EPS1.5800
P/E Ratio15.42
Earnings Date08/04/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 15.4).

Valuation inputs: P/E 15.4, earnings yield +6.5%, momentum +1.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +14.1%, ROIC +12.3%).

Profitability stack: net margin +12.3%, ROE +14.1%, ROIC +12.3%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +11.2%, momentum +1.0%, net margin +12.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

cix

CompX International Inc. Market vs Earnings Trajectory

CIX ยท AMEX

Loading price and EPS data...

CompX International Inc.

CompX International Inc. Fair Value Envelope

CIX ยท AMEX

Our analysis suggests that CIX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.37, this represents a potential HIDDEN relative to our calculated worth for CompX International Inc..

Intrinsic Value
Current Price: $24.37
3Y-7.0%
5Y+90.0%
10Y+88.0%
3Y-5.0%
5Y+38.0%
10Y+45.0%
3Y-7.0%
5Y+89.0%
10Y+86.0%
3Y+35.0%
5Y+48.0%
10Y+65.0%
3Y+45.0%
5Y+39.0%
10Y+79.0%
3Y-12.0%
5Y-15.0%
10Y+8.0%
CompX International Inc.

CompX International Inc. Profit Bridge

CIX ยท AMEX
Revenue158.28M
Cost of Goods Sold (110.11M)
Gross Profit48.18M
Operating Expenses (25.57M)
Operating Income22.60M
Interest Expense (0.00)
Other Income/Expense3.23M
Pretax Income25.83M
Income Tax (6.36M)
Net Income19.48M
Net Income
19.48M

Profitability Analysis

Gross Margin

30.4%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

14.3%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

12.3%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

24.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

30.44%
Gross Profit Margin
7%
3Y+4.0%
5Y+6.0%
10Y-6.0%
14.28%
Operating Profit Margin
22%
3Y-6.0%
5Y+38.0%
10Y-
12.31%
Net Profit Margin
8%
3Y-2.0%
5Y+37.0%
10Y+28.0%
14.05%
Return on Equity
24%
3Y+7.0%
5Y+128.0%
10Y+68.0%
12.47%
Return on Assets
23%
3Y+6.0%
5Y+122.0%
10Y+71.0%
12.25%
Return on Invested Capital
39%
3Y+1.0%
5Y+132.0%
10Y+56.0%
CIX

CompX International Inc. Cash Conversion Engine

CIX ยท AMEX
Net Income0.00
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital10.00K
Others22.86M
Capital Expenditures-3.75M
Free Cash Flow19.12M

Cash Flow Quality Analysis

CapEx Intensity

16.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-11.1%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$10.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

cix

CompX International Inc. Funding & Solvency Profile

CIX ยท AMEX
Cash & Cash Equivalents49.44M
Net Receivables18.96M
Inventory30.07M
Other Current Assets1.61M
Total Current Assets100 M
Property, Plant & Equipment24.47M
Goodwill & Intangible Assets23.74M
Long-Term Investments0.00
Other Non-Current Assets8.08M
Total Non-Current Assets33 M
Total Assets
156.36M

Financial Health Analysis

Current Ratio

6.99x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.11x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

86 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

64% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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CompX International Inc. Street Expectations Map

CIX ยท AMEX

No Target Data

No analyst price targets available for cix.

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CompX International Inc. Insider Positioning

CIX ยท AMEX

During the last 12 months, there has been no insider trading activity reported for CIX.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

1.28%
Dividend Yield
3Y-7.0%
5Y+16.0%
10Y+195.0%
ย 

cix Dividend History

CIX
10Y CAGR +20%
Latest $0.3
Annual $2.5
5 year growth trend
Last Period: +0%