COMPX INTERNATIONAL INC (CIX)
US20563P1012 - Common Stock
Overall CIX gets a fundamental rating of 6 out of 10. We evaluated CIX against 85 industry peers in the Commercial Services & Supplies industry. CIX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CIX has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CIX was profitable.
CIX had a positive operating cash flow in the past year.
CIX had positive earnings in each of the past 5 years.
In the past 5 years CIX always reported a positive cash flow from operatings.
1.2 Ratios
CIX has a Return On Assets of 12.04%. This is amongst the best in the industry. CIX outperforms 91.57% of its industry peers.
The Return On Equity of CIX (13.38%) is better than 78.31% of its industry peers.
CIX has a Return On Invested Capital of 11.43%. This is amongst the best in the industry. CIX outperforms 86.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CIX is in line with the industry average of 10.11%.
The last Return On Invested Capital (11.43%) for CIX is above the 3 year average (10.82%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.04% | ||
| ROE | 13.38% | ||
| ROIC | 11.43% |
ROA(3y)10.81%
ROA(5y)9.4%
ROE(3y)12.04%
ROE(5y)10.43%
ROIC(3y)10.82%
ROIC(5y)9.19%
1.3 Margins
CIX has a Profit Margin of 14.01%. This is amongst the best in the industry. CIX outperforms 92.77% of its industry peers.
In the last couple of years the Profit Margin of CIX has grown nicely.
CIX has a better Operating Margin (15.77%) than 86.75% of its industry peers.
In the last couple of years the Operating Margin of CIX has remained more or less at the same level.
CIX has a Gross Margin (30.52%) which is in line with its industry peers.
CIX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.77% | ||
| PM (TTM) | 14.01% | ||
| GM | 30.52% |
OM growth 3Y15.19%
OM growth 5Y0.92%
PM growth 3Y15.83%
PM growth 5Y1.56%
GM growth 3Y2.09%
GM growth 5Y-1.17%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CIX is creating some value.
Compared to 1 year ago, CIX has about the same amount of shares outstanding.
CIX has less shares outstanding than it did 5 years ago.
CIX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
CIX has an Altman-Z score of 15.73. This indicates that CIX is financially healthy and has little risk of bankruptcy at the moment.
CIX's Altman-Z score of 15.73 is amongst the best of the industry. CIX outperforms 98.80% of its industry peers.
CIX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.73 |
ROIC/WACC1.24
WACC9.22%
2.3 Liquidity
CIX has a Current Ratio of 7.36. This indicates that CIX is financially healthy and has no problem in meeting its short term obligations.
CIX has a Current ratio of 7.36. This is amongst the best in the industry. CIX outperforms 98.80% of its industry peers.
CIX has a Quick Ratio of 5.58. This indicates that CIX is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of CIX (5.58) is better than 92.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.36 | ||
| Quick Ratio | 5.58 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 8.00% over the past year.
CIX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.28% yearly.
Looking at the last year, CIX shows a decrease in Revenue. The Revenue has decreased by -3.17% in the last year.
The Revenue has been growing slightly by 6.41% on average over the past years.
EPS 1Y (TTM)8%
EPS 3Y29.9%
EPS 5Y8.28%
EPS growth Q2Q38.46%
Revenue 1Y (TTM)-3.17%
Revenue growth 3Y12.09%
Revenue growth 5Y6.41%
Revenue growth Q2Q7.99%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.75, which indicates a rather expensive current valuation of CIX.
74.70% of the companies in the same industry are more expensive than CIX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CIX to the average of the S&P500 Index (28.28), we can say CIX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | N/A |
4.2 Price Multiples
62.65% of the companies in the same industry are more expensive than CIX, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIX indicates a somewhat cheap valuation: CIX is cheaper than 72.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.29 | ||
| EV/EBITDA | 9.86 |
4.3 Compensation for Growth
CIX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.14
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
CIX has a Yearly Dividend Yield of 3.97%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.37, CIX pays a better dividend. On top of this CIX pays more dividend than 91.57% of the companies listed in the same industry.
CIX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
5.2 History
On average, the dividend of CIX grows each year by 37.96%, which is quite nice.
CIX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)37.96%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
54.49% of the earnings are spent on dividend by CIX. This is a bit on the high side, but may be sustainable.
CIX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP54.49%
EPS Next 2YN/A
EPS Next 3YN/A
COMPX INTERNATIONAL INC
NYSEARCA:CIX (5/3/2024, 7:04:02 PM)
32.66
+2.46 (+8.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap402.04M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.04% | ||
| ROE | 13.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.77% | ||
| PM (TTM) | 14.01% | ||
| GM | 30.52% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 7.36 | ||
| Quick Ratio | 5.58 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)8%
EPS 3Y29.9%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.17%
Revenue growth 3Y12.09%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y