AMEX:CIX

Stock Analysis Report

Executive Summary

CompX International Inc. engages in the manufacture and sale of security products and recreational marine components primarily in North America.

Snowflake

Fundamentals

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has CompX International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.4%

CIX

1.3%

US Commercial Services

1.3%

US Market


1 Year Return

5.1%

CIX

15.9%

US Commercial Services

5.9%

US Market

Return vs Industry: CIX underperformed the US Commercial Services industry which returned 15.9% over the past year.

Return vs Market: CIX underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

CIXIndustryMarket
7 Day3.4%1.3%1.3%
30 Day-7.4%1.8%-1.9%
90 Day-10.7%0.9%-1.8%
1 Year6.9%5.1%20.4%15.9%8.3%5.9%
3 Year30.3%24.4%69.9%58.3%45.6%36.2%
5 Year40.3%29.3%105.8%85.0%66.1%47.9%

Price Volatility Vs. Market

How volatile is CompX International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CompX International undervalued compared to its fair value and its price relative to the market?

39.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CIX ($14.18) is trading below our estimate of fair value ($23.39)

Significantly Undervalued: CIX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CIX is good value based on its PE Ratio (11.4x) compared to the Commercial Services industry average (25.5x).

PE vs Market: CIX is good value based on its PE Ratio (11.4x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CIX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CIX is good value based on its PB Ratio (1.1x) compared to the US Commercial Services industry average (1.8x).


Next Steps

Future Growth

How is CompX International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIX's forecast earnings growth (14.1% per year) is above the savings rate (2.7%).

Earnings vs Market: CIX's earnings (14.1% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: CIX's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CIX's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if CIX's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CIX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CompX International performed over the past 5 years?

15.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CIX's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: CIX's earnings growth over the past year (0.07%) is below its 5-year average (15.7% per year).

Earnings vs Industry: CIX earnings growth over the past year (0.07%) exceeded the Commercial Services industry -2.4%.


Return on Equity

High ROE: CIX's Return on Equity (9.9%) is considered low.


Return on Assets

ROA vs Industry: CIX has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: CIX has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is CompX International's financial position?


Financial Position Analysis

Short Term Liabilities: CIX's short term assets ($75.6M) exceeds its short term liabilities ($11.2M)

Long Term Liabilities: CIX's short term assets (75.6M) exceeds its long term liabilities (3.4M)


Debt to Equity History and Analysis

Debt Level: CIX is debt free.

Reducing Debt: CIX had no debt 5 years ago.

Debt Coverage: CIX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CIX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CIX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CIX's debt is covered by short term assets.


Next Steps

Dividend

What is CompX International's current dividend yield, its reliability and sustainability?

1.97%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%1.5%markettop25%3.8%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CIX's dividend (1.97%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: CIX's dividend (1.97%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: CIX's dividend payments have been volatile in the past 10 years.

Growing Dividend: CIX's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.3%), CIX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of CompX International's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Scott James (53yo)

2.4yrs

Tenure

US$1,014,565

Compensation

Mr. Scott C. James has been the Chief Executive Officer of Compx International Inc. since May 24, 2017 and its President since August 18, 2014. Mr. James served as the Chief Operating Officer of CompX Inte ...


CEO Compensation Analysis

Compensation vs. Market: Scott has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.3yrs

Average Tenure

48yo

Average Age

Experienced Management: CIX's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

3.6yrs

Average Tenure

63yo

Average Age

Experienced Board: CIX's board of directors are considered experienced (3.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kelly Luttmer (55yo)

    Chief Tax Officer & Executive VP

    • Tenure: 7.8yrs
  • Scott James (53yo)

    President & CEO

    • Tenure: 2.4yrs
    • Compensation: US$1.01m
  • Andrew Nace (54yo)

    Executive Vice President

    • Tenure: 2.4yrs
    • Compensation: US$306.00k
  • Amy Samford (45yo)

    VP & CFO

    • Tenure: 0.3yrs
  • Jane Grimm (48yo)

    VP, Secretary & Associate General Counsel

    • Tenure: 0yrs
  • Bryan Hanley (38yo)

    VP & Treasurer

    • Tenure: 2.2yrs
  • Amy Ruf (42yo)

    VP & Controller

    • Tenure: 0.3yrs

Board Members

  • Robert Graham (63yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$409.00k
  • David Bowers (81yo)

    Director

    • Tenure: 26.8yrs
    • Compensation: US$35.41k
  • Ann Manix (66yo)

    Director

    • Tenure: 21.3yrs
    • Compensation: US$81.91k
  • Thomas Barry (76yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: US$81.91k
  • Terri Herrington (63yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$78.41k
  • Loretta Feehan (63yo)

    Chairman of the Board

    • Tenure: 2.4yrs
    • Compensation: US$101.91k
  • Mary Tidlund (62yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: US$76.91k

Company Information

CompX International Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CompX International Inc.
  • Ticker: CIX
  • Exchange: AMEX
  • Founded: 1993
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: US$176.443m
  • Shares outstanding: 12.44m
  • Website: https://www.compx.com

Number of Employees


Location

  • CompX International Inc.
  • Three Lincoln Centre
  • Suite 1700
  • Dallas
  • Texas
  • 75240
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CIXAMEX (NYSE MKT LLC)YesClass A Common StockUSUSDMar 1998

Biography

CompX International Inc. engages in the manufacture and sale of security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:33
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.