CIX · NYSE · Industrials
CompX International Inc. (CIX) — Rank #218 by gross profitability (GP/assets 0.30) · ROE 13.5% · Piotroski F-Score N/A.
As-of 2026-10-30 · CIK 0001049606 · all metrics point-in-time as of the filing date.
About
CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America.
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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 also offers disc and pin tumbler locks; and CompX eLock and StealthLock electronic locks for drug storage and other valuables. The Marine Components segment manufactures and distributes wake enhancement systems, stainless steel exhaust components, gauges, throttle controls, and related hardware and accessories; trim tabs, steering wheels and billet aluminum accessories; original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers and other exhaust components; GPS speedometers and tachometers; mechanical and electronic controls and throttles; dash panels, LED indicators and wire harnesses; and grab handles, pin cleats and other accessories; fabricated metal products; and related hardware and accessories for ski/wakeboard boats and performance boats, as well as for the recreational marine and other industries. The company offers its products to recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, and other industries. It 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. (NYSEAM:CIX) operates as a subsidiary of NLI Holdings, Inc.
- Industry
- Security & Protection Services
- Sector
- Industrials
- State
- DE
- Filer Category
- Non-accelerated filer
- Fiscal Year End
- December 31
- Website
- compxinternational.com
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
549
Industry
Security & Protection Services
Exchange
NYSE
10/10
Flags passed
CIX passes 10/10 quality flags
- PASSGross margin holding
- PASSDilution within 2%
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSRevenue not declining
- PASSOperating margin holding
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSNo competitive retreat
- PASSNo valuation convergence
Strengths Revenue growth accelerating · Operating leverage expanding · Sequential beat (rev + EPS)
No data Balance sheet · SBC and margin — not counted as a pass.
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
2/2 passFCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Does it make money well?
No warning flags · GP/assets 0.30
Gross profitability (GP / assets)
0.30
Primary signal (Novy-Marx).
4th of 12 SIC 34 peers
Return on equity
13.5%
Gross margin
30.4%
9th of 12 SIC 34 peers
Revenue growth (YoY)
8.5%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-1.7%
Revenue CAGR (5Y)
6.7%
Earnings CAGR (3Y)
-2.3%
FCF CAGR (3Y)
13.2%
Cash Flow Health
Is the cash real?
No warning flags · FCF 2% below net income
Free cash flow
$19.12M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
-1.8%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
—
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net cash $52.42M
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.12
1st of 12 SIC 34 peers (best = lowest)
Current ratio
6.69×
1st of 12 SIC 34 peers
Quick ratio
4.55×
Net cash
$52.42M
Cash & equivalents minus total debt.
Piotroski F-Score
N/A
Only 8/9 components determinable.
Valuation
Is the price reasonable?
No warning flags
Dividend safety
Composite score
0.8 / 5
Capital allocation quality
Composite score
1.3 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports