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CIXCompX International Inc.
$25.27$311M
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  4. Financial Ratios

CompX International Inc. (CIX) Financial Ratios

Latest Ratios: P/E Ratio 16.0x · EV/EBITDA 9.8x · ROE 13.7%. (1997–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CIX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$311M$287M$322M$311M$228M$279M$177M$181M$169M$165M$200M
Enterprise Value$257M$233M$261M$270M$201M$202M$106M$118M$124M$135M$166M
P/E Ratio →15.9914.7319.3713.7410.9316.8917.1411.3111.0712.5519.17
P/S Ratio1.971.812.211.931.371.981.551.461.431.471.83
P/B Ratio2.252.072.201.841.441.611.061.121.131.211.59
P/FCF16.2814.9914.9812.6117.2843.7112.8711.8612.0516.8518.68
P/OCF13.6212.5414.0412.0613.5026.6311.439.839.8613.1114.40

P/E links to full P/E history page with 30-year chart

CIX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.471.791.671.211.440.930.951.051.211.53
EV / EBITDA9.808.8612.629.186.848.306.815.545.837.168.62
EV / EBIT11.3810.2915.3510.617.919.869.016.696.968.8810.69
EV / FCF—12.1612.1510.9315.2531.717.747.738.8213.8215.57

CIX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin30.4%30.4%28.3%30.5%29.3%30.4%28.7%31.4%32.4%31.1%32.3%
Operating Margin14.3%14.3%11.7%15.8%15.3%14.6%10.3%14.2%15.1%13.6%14.3%
Net Profit Margin12.3%12.3%11.4%14.0%12.5%11.8%9.0%12.9%12.9%11.8%9.6%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE13.7%13.7%10.5%13.8%12.6%9.7%6.3%10.3%10.7%10.1%8.6%
ROA12.2%12.2%9.5%12.4%11.3%8.8%5.7%9.3%9.6%8.9%7.5%
ROIC20.0%20.0%12.0%14.7%16.7%15.9%9.0%13.1%12.7%11.4%14.8%
ROCE15.8%15.8%10.7%15.4%15.1%11.8%7.0%11.1%12.2%11.2%12.3%

CIX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity———————————
Debt / EBITDA———————————
Net Debt / Equity—-0.39-0.42-0.25-0.17-0.44-0.42-0.39-0.30-0.22-0.26
Net Debt / EBITDA-2.06-2.06-2.93-1.41-0.91-3.14-4.52-2.96-2.14-1.57-1.72
Debt / FCF—-2.83-2.83-1.68-2.03-12.00-5.13-4.13-3.23-3.03-3.11
Interest Coverage———————————

Net cash position: cash ($54M) exceeds total debt ($0)

CIX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio5.875.876.677.366.687.317.707.285.574.994.45
Quick Ratio4.094.094.885.584.805.756.305.884.323.633.32
Cash Ratio3.173.173.854.463.604.665.374.843.312.632.50
Asset Turnover—1.010.900.860.940.730.620.700.710.740.76
Inventory Turnover3.623.623.693.653.763.824.454.654.675.014.91
Days Sales Outstanding—31.7435.3038.6139.0940.3034.2034.8737.4934.0434.68

CIX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield8.7%9.5%12.2%4.0%14.9%3.6%2.8%1.9%1.5%1.5%1.2%
Payout Ratio139.2%139.2%237.6%54.5%162.3%59.9%48.2%21.8%16.3%18.8%23.6%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield6.3%6.8%5.2%7.3%9.1%5.9%5.8%8.8%9.0%8.0%5.2%
FCF Yield6.1%6.7%6.7%7.9%5.8%2.3%7.8%8.4%8.3%5.9%5.4%
Buyback Yield0.0%0.0%0.0%0.0%0.8%0.5%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield8.7%9.5%12.2%4.0%15.6%4.0%2.8%1.9%1.5%1.5%1.2%
Shares Outstanding—$12M$12M$12M$12M$12M$12M$12M$12M$12M$12M

Key Metrics

Growth RegimeMixed
ProfitabilityModerate
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Cyclical Marine Segment Exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Conglomerate Discount

Based on current market data, CompX trades at a P/E of 17.21, which appears to incorporate a liquidity and conglomerate discount relative to peers like Allegion, despite the company's resilient niche positioning in specialized locking systems and marine components within the North American industrial sector.

The forward P/E of 100.70 suggests that the market anticipates significant earnings pressure or is pricing in the volatility inherent in the company's marine segment. Investors should monitor whether the current valuation adequately compensates for the lack of public float and the potential influence of parent company NL Industries on capital allocation.

Capital Efficiency Constrained by Volatility

As reported in recent financial statements, CompX's ROIC has fluctuated between 2.3% and 6.0% over the last ten quarters, indicating that the company struggles to consistently compound returns on invested capital due to the cyclical nature of its marine and security product end-markets.

The modest ROIC levels suggest that while the company maintains a dominant position in niche markets, it lacks the scale or pricing power to drive superior returns on capital. This performance appears structurally lower than peers like Allegion, warranting further investigation into whether the current asset base is being utilized efficiently or if it is burdened by legacy manufacturing overhead.

Working Capital Cycles Remain Unstable

According to quarterly filings, the company's cash conversion cycle has remained elevated, peaking at 138 days in 2025Q4, which reflects significant inventory dependence and potential inefficiencies in managing the production schedules of custom-engineered marine components relative to its security product business.

The high inventory days, consistently exceeding 90 days, suggest that CompX carries substantial buffer stock to mitigate supply chain risks, which ties up capital that could otherwise be deployed. This working capital intensity appears to be a structural drag on cash flow generation, particularly during periods of softening demand in the recreational marine sector.

Excessive Liquidity Buffers Operational Risk

Based on the most recent financial data, CompX maintains a current ratio of 6.99, providing a substantial liquidity buffer that significantly exceeds the requirements of its niche manufacturing operations and offers protection against the cyclical downturns inherent in the marine and security product segments.

While this liquidity position is undeniably robust, it may also indicate an inefficient use of the balance sheet, as significant cash remains idle rather than being reinvested in growth or returned to shareholders. Investors should monitor whether this cash is truly available for independent corporate purposes or if it serves as a liquidity pool for the broader Contran Corporation.

Misapplication of Standard P/E Multiples

The P/E ratio is frequently misapplied to CompX, as it obscures the impact of significant cash balances and potential intercompany management fees that distort reported earnings, making a focus on EV/EBITDA or P/FCF a more reliable indicator of the company's true operational earning power.

Because CompX operates as a controlled subsidiary with a unique capital structure, traditional P/E multiples fail to account for the value of the cash-rich balance sheet. Analysts should prioritize metrics that strip out the influence of non-operating cash and focus on the underlying cash-generating capability of the security and marine segments.

Download Financial Ratios Data

Includes 30+ ratios · 29 years · Updated daily

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CIX — Frequently Asked Questions

Quick answers to the most common questions about buying CIX stock.

What is CompX International Inc.'s P/E ratio?

CompX International Inc.'s current P/E ratio is 16.0x. The historical average is 20.8x. This places it at the 43th percentile of its historical range.

What is CompX International Inc.'s EV/EBITDA?

CompX International Inc.'s current EV/EBITDA is 9.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.6x.

What is CompX International Inc.'s ROE?

CompX International Inc.'s return on equity (ROE) is 13.7%. The historical average is 9.2%.

Is CIX stock overvalued?

Based on historical data, CompX International Inc. is trading at a P/E of 16.0x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is CompX International Inc.'s dividend yield?

CompX International Inc.'s current dividend yield is 8.71% with a payout ratio of 139.2%.

What are CompX International Inc.'s profit margins?

CompX International Inc. has 30.4% gross margin and 14.3% operating margin. Operating margin between 10-20% is typical for established companies.