Compx International (CIX)
Market Price (3/14/2026): $23.77 | Market Cap: $292.9 MilSector: Industrials | Industry: Security & Alarm Services
Compx International (CIX)
Market Price (3/14/2026): $23.77Market Cap: $292.9 MilSector: IndustrialsIndustry: Security & Alarm Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7%, FCF Yield is 6.4% | Weak multi-year price returns2Y Excs Rtn is -33%, 3Y Excs Rtn is -8.2% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.4%, Rev Chg QQuarterly Revenue Change % is -1.9% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18% | Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.82 | Key risksCIX key risks include [1] fluctuating product demand and volatile costs for key raw materials like zinc and brass, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% | ||
| Megatrend and thematic driversMegatrends include Physical Security, and Industrial & Marine Components. Themes include Access Control Hardware, and Specialty Gauges & Controls. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7%, FCF Yield is 6.4% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Megatrend and thematic driversMegatrends include Physical Security, and Industrial & Marine Components. Themes include Access Control Hardware, and Specialty Gauges & Controls. |
| Weak multi-year price returns2Y Excs Rtn is -33%, 3Y Excs Rtn is -8.2% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.82 |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.4%, Rev Chg QQuarterly Revenue Change % is -1.9% |
| Key risksCIX key risks include [1] fluctuating product demand and volatile costs for key raw materials like zinc and brass, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Compx International (CIX) stock has gained about 10% since 11/30/2025 because of the following key factors:
1. CompX International reported strong full-year 2025 financial results, with net sales climbing 8.46% to $158.3 million and net income increasing 17.43% to $19.5 million, or $1.58 per share. This growth was primarily driven by higher Security Products sales to the government security market and robust demand for Marine Components in the towboat, government, and industrial sectors.
2. The company demonstrated improved profitability through enhanced gross margins across both its Security Products and Marine Components segments. Despite a slight 1.8% dip in fourth-quarter 2025 net sales, operating income for the quarter rose by approximately 14% to $5.6 million, and net income edged up, reflecting an improved product mix and better coverage of fixed manufacturing costs.
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1. CompX International reported strong full-year 2025 financial results, with net sales climbing 8.46% to $158.3 million and net income increasing 17.43% to $19.5 million, or $1.58 per share. This growth was primarily driven by higher Security Products sales to the government security market and robust demand for Marine Components in the towboat, government, and industrial sectors.
2. The company demonstrated improved profitability through enhanced gross margins across both its Security Products and Marine Components segments. Despite a slight 1.8% dip in fourth-quarter 2025 net sales, operating income for the quarter rose by approximately 14% to $5.6 million, and net income edged up, reflecting an improved product mix and better coverage of fixed manufacturing costs.
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Stock Movement Drivers
Fundamental Drivers
The 8.0% change in CIX stock from 11/30/2025 to 3/13/2026 was primarily driven by a 7.1% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.49 | 24.30 | 8.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 159 | 158 | -0.5% |
| Net Income Margin (%) | 12.1% | 12.3% | 1.3% |
| P/E Multiple | 14.3 | 15.4 | 7.1% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | 8.0% |
Market Drivers
11/30/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CIX | 8.0% | |
| Market (SPY) | -3.1% | -8.6% |
| Sector (XLI) | 7.1% | -3.2% |
Fundamental Drivers
The 0.3% change in CIX stock from 8/31/2025 to 3/13/2026 was primarily driven by a 3.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.22 | 24.30 | 0.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 153 | 158 | 3.6% |
| Net Income Margin (%) | 12.2% | 12.3% | 1.2% |
| P/E Multiple | 16.1 | 15.4 | -4.3% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | 0.3% |
Market Drivers
8/31/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CIX | 0.3% | |
| Market (SPY) | 3.0% | -2.9% |
| Sector (XLI) | 8.8% | 3.5% |
Fundamental Drivers
The 11.2% change in CIX stock from 2/28/2025 to 3/13/2026 was primarily driven by a 7.2% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.84 | 24.30 | 11.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 151 | 158 | 5.0% |
| Net Income Margin (%) | 12.5% | 12.3% | -1.2% |
| P/E Multiple | 14.3 | 15.4 | 7.2% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | 11.2% |
Market Drivers
2/28/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CIX | 11.2% | |
| Market (SPY) | 12.4% | 26.6% |
| Sector (XLI) | 22.0% | 22.8% |
Fundamental Drivers
The 64.2% change in CIX stock from 2/28/2023 to 3/13/2026 was primarily driven by a 62.3% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.80 | 24.30 | 64.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 161 | 158 | -1.5% |
| Net Income Margin (%) | 12.0% | 12.3% | 2.8% |
| P/E Multiple | 9.5 | 15.4 | 62.3% |
| Shares Outstanding (Mil) | 12 | 12 | -0.1% |
| Cumulative Contribution | 64.2% |
Market Drivers
2/28/2023 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CIX | 64.2% | |
| Market (SPY) | 73.4% | 22.9% |
| Sector (XLI) | 70.2% | 24.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CIX Return | 64% | -8% | 44% | 15% | -3% | 1% | 144% |
| Peers Return | 37% | -26% | 27% | 9% | 0% | -0% | 41% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| CIX Win Rate | 67% | 58% | 67% | 33% | 42% | 67% | |
| Peers Win Rate | 57% | 38% | 48% | 52% | 55% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| CIX Max Drawdown | -3% | -21% | -9% | -15% | -23% | -3% | |
| Peers Max Drawdown | -2% | -38% | -13% | -16% | -27% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VHI, BC, PATK, ALLE, FBIN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
| Event | CIX | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -42.5% | -25.4% |
| % Gain to Breakeven | 73.9% | 34.1% |
| Time to Breakeven | 471 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -38.3% | -33.9% |
| % Gain to Breakeven | 62.0% | 51.3% |
| Time to Breakeven | 377 days | 148 days |
| 2018 Correction | ||
| % Loss | -27.1% | -19.8% |
| % Gain to Breakeven | 37.1% | 24.7% |
| Time to Breakeven | 360 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -77.2% | -56.8% |
| % Gain to Breakeven | 338.4% | 131.3% |
| Time to Breakeven | 4,561 days | 1,480 days |
Compare to VHI, BC, PATK, ALLE, FBIN
In The Past
Compx International's stock fell -42.5% during the 2022 Inflation Shock from a high on 8/16/2022. A -42.5% loss requires a 73.9% gain to breakeven.
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About Compx International (CIX)
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.
AI Analysis | Feedback
Here are 1-3 brief analogies for CompX International (CIX):
- Think of them as a specialized Magna International, but instead of supplying parts to car manufacturers, they provide advanced locking mechanisms to various industries and a diverse range of components for recreational boat builders.
- It's like a B2B Master Lock for industrial and OEM security needs, combined with a West Marine that manufactures and supplies a wide array of specialized parts directly to boat builders.
AI Analysis | Feedback
The major products of CompX International (CIX) are:
- Security Locking Mechanisms: Manufactures mechanical and electrical cabinet locks and other various locking devices for diverse industrial and commercial applications.
- Marine Exhaust Systems: Produces stainless steel exhaust headers, pipes, mufflers, and related components for recreational marine vessels.
- Marine Controls and Instrumentation: Provides gauges, speedometers, tachometers, and mechanical/electronic control systems for boats.
- Marine Hardware and Accessories: Offers wake enhancement systems, trim tabs, steering wheels, dash panels, electrical components, and various boat hardware and accessories.
AI Analysis | Feedback
CompX International (CIX) sells its products primarily to other companies, specifically original equipment manufacturers (OEMs) and through distributors. The provided background information does not list the specific names of these customer companies or their public symbols. However, based on the company description, CIX serves OEMs and distributors in the following industries and applications:
- Recreational Transportation Manufacturers: For components like ignition systems and various security products.
- Office and Institutional Furniture Manufacturers: Providing locks and locking mechanisms for file cabinets, desk drawers, and general cabinetry.
- Healthcare Industry Manufacturers: Supplying security products for high-security medical cabinetry and integrated inventory/access control narcotics boxes.
- Tool Storage Manufacturers: Offering locking mechanisms for tool storage cabinets.
- Postal Industry Manufacturers: Providing locks for mailboxes.
- Recreational Marine Manufacturers (Performance and Ski/Wakeboard Boats): Supplying a wide array of marine components including exhaust systems, gauges, controls, wake enhancement systems, steering wheels, and various accessories.
- Manufacturers in Other Industries: Including those for electrical circuit panels, storage compartments, gas station security, and vending/cash containment machines.
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Scott C. James, President, Chief Executive Officer, and Director
Mr. James serves as the President, Chief Executive Officer, and a Director of CompX International Inc.. He has extensive experience in leadership and strategic management, having been instrumental in guiding the company's growth and operational efficiency. His tenure as CEO has been characterized by a commitment to innovation, market expansion, and fostering a strong corporate culture, and he possesses a deep understanding of the industry with a proven track record of delivering value to shareholders. CompX International Inc. operates within a strategic framework set by its controlling shareholder, Contran Corporation, through subsidiaries NL Industries, Inc. and Valhi, Inc.. This means that the management team, including Mr. James, executes the vision from the controlling shareholder rather than solely setting an independent strategic course.
Amy Allbach Samford, Executive Vice President and Chief Financial Officer
Ms. Samford holds the position of Executive Vice President and Chief Financial Officer at CompX International Inc.. In this critical financial leadership capacity, she is responsible for overseeing the company's financial operations, planning, and overall financial strategy.
Amy E. Ruf, Vice President, Controller and Principal Accounting Officer
Ms. Ruf serves as the Vice President, Controller, and Principal Accounting Officer for CompX International Inc..
Kristin B. McCoy, Executive Vice President, Tax
Ms. McCoy is the Executive Vice President, Tax at CompX International Inc..
Jane Rast Grimm, Vice President, General Counsel and Secretary
Ms. Grimm is the Vice President, General Counsel, and Secretary, responsible for legal affairs and corporate governance compliance at CompX International Inc..
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Key Business Risks for Compx International (CIX)
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Economic Sensitivity of the Recreational Marine Market: A significant portion of CompX International's business, specifically its Marine Components segment, is tied to the recreational marine industry, particularly performance and ski/wakeboard boats. This market is highly discretionary and sensitive to economic conditions, including consumer confidence, disposable income levels, and interest rates. A downturn in the broader economy or specific factors impacting consumer spending on luxury goods could lead to reduced demand for boats and, consequently, a decline in orders for CompX International's marine components.
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Reliance on Original Equipment Manufacturers (OEMs): Both the Security Products and Marine Components segments primarily sell products directly to original equipment manufacturers. This business model creates a dependency on the health and production volumes of these OEM customers across various industries, including recreational transportation, office and institutional furniture, cabinetry, tool storage, healthcare, and recreational marine. A significant slowdown in demand from key OEM customers, the loss of major OEM contracts, or consolidation within the OEM landscape could materially impact CompX International's sales and profitability.
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Volatility in Raw Material Costs and Supply Chain Disruptions: As a manufacturer of components, CompX International is susceptible to fluctuations in the cost of raw materials, such as various metals (e.g., stainless steel for marine exhaust headers). Significant increases in raw material prices, as well as potential disruptions in global supply chains, could lead to higher manufacturing costs, compress profit margins if these costs cannot be fully passed on to customers, or impact the company's ability to meet production schedules and customer demand.
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The electrification of recreational boats represents a clear emerging threat to CompX International's Marine Components segment. As the recreational marine industry, including performance and ski/wakeboard boats, increasingly shifts towards electric propulsion systems, the demand for traditional internal combustion engine components such as stainless steel exhaust headers, exhaust pipes, and mufflers will significantly decrease or become obsolete. This shift could erode a core part of the revenue generated by this segment.
AI Analysis | Feedback
Compx International Inc. operates in two primary segments: Security Products and Marine Components. The addressable markets for their main products and services are primarily concentrated in North America, with global market sizes also providing context.
Security Products Segment
- The global cabinet lock market was valued at approximately USD 1.70 billion in 2024 and is projected to reach USD 4.16 billion by 2032, with a compound annual growth rate (CAGR) of 11.8% during the forecast period. North America held the largest revenue share in the cabinet lock market in 2024.
- More broadly, the global furniture lock market was valued at USD 1,862.16 million in 2026 and is expected to reach USD 2,696.66 million by 2035, growing at a CAGR of 4.2%. North America accounts for 28% of the global furniture lock market share, manufacturing over 60 million locks annually. The U.S. furniture lock market alone accounts for 28% of global demand.
- The global mechanical locks market, which includes many of CompX's locking mechanisms, was valued at USD 12.68 billion in 2025 and is projected to grow to USD 19.41 billion by 2034, with a CAGR of 4.72%. North America held a leading global market share of 37.87% in 2025, with its market size reaching USD 4.80 billion in the same year. Another source indicates the North America mechanical locks market was valued at approximately USD 8.5 billion in 2026 and is projected to reach USD 11.7 billion by 2033. The U.S. mechanical locks market alone reached USD 3.62 billion in 2025.
Marine Components Segment
- The overall recreational boat parts and accessories market is projected to reach USD 23.45 billion by 2034, with a CAGR of 3.47% from 2025 to 2034. North America dominates this market, accounting for approximately 45% of the global share. The watercraft accessories market, a related category, is estimated at USD 8.2 billion in 2025 and is expected to grow to USD 15.7 billion by 2035, at a CAGR of 6.1%.
- For marine exhaust components, the global marine exhaust systems market was valued at approximately USD 5.8 billion in 2024 and is anticipated to reach USD 9.2 billion by 2033, exhibiting a CAGR of 5.3% from 2025 to 2033. North America represents a key market in this sector.
- Regarding gauges and other marine electronics, the global marine electronics market was estimated at USD 6.66 billion in 2024 and is projected to reach USD 9.73 billion by 2030, with a CAGR of 6.7% from 2025 to 2030. North America dominated this global market with a revenue share of over 36.48% in 2024, generating USD 2,430.6 million in the same year, and is expected to reach USD 3,296.8 million by 2030. The marine sensors market, a sub-segment, was valued globally at USD 1.26 billion in 2024 and is expected to reach USD 2.11 billion by 2032. North America is projected to experience the fastest growth in the marine sensors market.
- For mechanical and electronic controls and throttles, the global marine control system market is estimated to be valued at USD 7.27 billion in 2025 and is expected to reach USD 14.58 billion by 2032, with a CAGR of 10.5%. North America holds an estimated share of 21.6% of this market in 2025 and shows the fastest growth. The global marine steering system market was valued at USD 1.2 billion in 2023 and is estimated to grow at a CAGR of over 8% from 2024 to 2032. North America held approximately 36% of the marine steering system market share in 2023.
- For wake enhancement systems, including wakeboard equipment and boats, the global wakeboarding equipment market was valued at USD 1.13 billion in 2024 and is expected to reach USD 2.92 billion by 2032, with a CAGR of 12.50%. North America dominated this market with the largest revenue share of 34.4% in 2024, with the U.S. alone capturing 79% of North America's revenue share. The global wakeboard boat market is projected to rise from approximately USD 2.68 billion in 2026 to USD 4.27 billion by 2035, growing at a CAGR of 5.2%. North America accounts for 50-55% of this market. The global ski wake boat market is projected to reach USD 1.74 billion by 2034. North America is the largest market for ski wake boats, accounting for approximately 60% of the global market share.
- For steering wheels, the global boat steering wheels market was estimated at USD 1.96 billion in 2024 and is projected to grow to USD 5.11 billion by 2035, with a CAGR of 9.1%. North America is the largest market for boat steering wheels, accounting for approximately 45% of the global market share.
AI Analysis | Feedback
CompX International (CIX) is expected to drive future revenue growth over the next two to three years through several key areas:
- Continued Sales Growth in the Government Security Market: The Security Products segment anticipates sustained higher sales to the government security market, which was a primary contributor to revenue growth in 2025 and is projected to continue in 2026.
- Increased Demand in the Industrial Market for Marine Components: The Marine Components segment expects sales growth to be primarily driven by the industrial market. This market significantly contributed to the segment's performance in 2025 and is forecast to remain a key driver in 2026.
- Stabilized and Growing Recreational Marine Market: While the Marine Components segment experienced a one-time towboat OEM stocking event in 2025, the overall recreational boating market in the USA is estimated to grow at a compound annual growth rate of 5.1% between 2025 and 2030, suggesting a sustainable recovery and ongoing demand in this area.
- Expansion within the Gas Station Security Market: The Security Products segment experienced stronger sales to the gas station security market in 2025, indicating this as a continuing opportunity for revenue expansion.
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Share Repurchases
- CompX International did not repurchase any shares of its common stock during 2023, 2024, or 2025.
- Prior to 2023, the board of directors authorized various share repurchases, with 523,647 shares remaining available for purchase as of December 31, 2025.
- In the first quarter of 2021, the company purchased 50,000 shares for approximately $755,000.
Share Issuance
- The company issued shares in 2023 (6,600 shares), 2024 (4,800 shares), and 2025 (4,500 shares) under a share-based incentive compensation plan for non-employee directors.
- As of December 31, 2025, 115,150 shares were available for award under this incentive plan.
Capital Expenditures
- Capital expenditures for fiscal years ending December 2020 to 2024 averaged $2.418 million.
- Capital expenditures peaked in December 2021 at $4.094 million.
- Depreciation and amortization decreased in 2024 compared to 2023, primarily due to reductions in capital spending in 2023 and 2024 as a result of generally reduced demand levels.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Compx International Earnings Notes | 12/16/2025 | |
| With Compx International Stock Sliding, Have You Assessed The Risk? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to CIX.
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| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
| 02132026 | ADP | Automatic Data Processing | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.1% | 1.1% | -3.0% |
| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 56.03 |
| Mkt Cap | 4.1 |
| Rev LTM | 4,009 |
| Op Inc LTM | 294 |
| FCF LTM | 304 |
| FCF 3Y Avg | 319 |
| CFO LTM | 404 |
| CFO 3Y Avg | 465 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.4% |
| Rev Chg 3Y Avg | -3.4% |
| Rev Chg Q | 3.7% |
| QoQ Delta Rev Chg LTM | 0.8% |
| Op Mgn LTM | 10.5% |
| Op Mgn 3Y Avg | 11.4% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 10.6% |
| CFO/Rev 3Y Avg | 12.7% |
| FCF/Rev LTM | 7.8% |
| FCF/Rev 3Y Avg | 9.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.1 |
| P/S | 1.0 |
| P/EBIT | 11.6 |
| P/E | 18.4 |
| P/CFO | 11.0 |
| Total Yield | 6.8% |
| Dividend Yield | 1.9% |
| FCF Yield 3Y Avg | 6.8% |
| D/E | 0.5 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -19.6% |
| 3M Rtn | -3.2% |
| 6M Rtn | -5.6% |
| 12M Rtn | 19.4% |
| 3Y Rtn | 15.2% |
| 1M Excs Rtn | -17.2% |
| 3M Excs Rtn | -1.7% |
| 6M Excs Rtn | -11.0% |
| 12M Excs Rtn | -3.5% |
| 3Y Excs Rtn | -61.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Security Products | 121 | 115 | 105 | 88 | 99 |
| Marine Components | 40 | 52 | 36 | 27 | 25 |
| Total | 161 | 167 | 141 | 115 | 124 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Security Products | 25 | 23 | 22 | 15 | 21 |
| Marine Components | 7 | 10 | 6 | 4 | 4 |
| Corporate operating expenses | -7 | -7 | -7 | -7 | -7 |
| Total | 25 | 25 | 21 | 12 | 18 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Corporate | 84 | 70 | 96 | 98 | |
| Security Products | 79 | 81 | 78 | 71 | 74 |
| Marine Components | 25 | 26 | 18 | 16 | 15 |
| Corporate operating expenses | 90 | ||||
| Total | 188 | 177 | 192 | 184 | 179 |
Price Behavior
Price Behavior
| Market Price | $24.30 | |
| Market Cap ($ Bil) | 0.3 | |
| First Trading Date | 03/06/1998 | |
| Distance from 52W High | -18.9% | |
| 50 Days | 200 Days | |
| DMA Price | $23.74 | $23.49 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 2.4% | 3.5% |
| 3M | 1YR | |
| Volatility | 42.2% | 52.5% |
| Downside Capture | -60.39 | 46.38 |
| Upside Capture | -1.73 | 56.59 |
| Correlation (SPY) | -7.2% | 25.4% |
CIX Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.04 | -0.06 | -0.42 | -0.07 | 0.74 | 0.98 |
| Up Beta | 0.03 | 0.08 | -0.22 | 0.36 | 0.77 | 1.12 |
| Down Beta | -0.47 | 0.03 | 0.54 | 0.13 | 1.01 | 1.12 |
| Up Capture | 17% | -6% | -66% | -22% | 39% | 57% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 19 | 27 | 55 | 109 | 360 |
| Down Capture | 20% | -24% | -125% | -30% | 64% | 93% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 22 | 33 | 66 | 135 | 383 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CIX | |
|---|---|---|---|---|
| CIX | 16.2% | 52.5% | 0.46 | - |
| Sector ETF (XLI) | 28.0% | 19.2% | 1.16 | 22.2% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 25.4% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | -4.4% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 2.8% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 15.9% |
| Bitcoin (BTCUSD) | -15.0% | 44.2% | -0.24 | 15.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CIX | |
|---|---|---|---|---|
| CIX | 17.9% | 59.0% | 0.51 | - |
| Sector ETF (XLI) | 13.4% | 17.1% | 0.62 | 25.0% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 22.6% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 3.8% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 6.5% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 17.5% |
| Bitcoin (BTCUSD) | 6.4% | 56.7% | 0.33 | 9.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CIX | |
|---|---|---|---|---|
| CIX | 14.7% | 54.5% | 0.47 | - |
| Sector ETF (XLI) | 13.8% | 19.8% | 0.61 | 24.5% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 23.7% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 3.9% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 8.3% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 19.4% |
| Bitcoin (BTCUSD) | 67.5% | 66.8% | 1.07 | 9.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/4/2026 | -2.0% | -5.0% | |
| 11/5/2025 | -0.1% | -0.9% | -1.4% |
| 8/5/2025 | 16.1% | 30.9% | 8.8% |
| 3/5/2025 | 1.6% | 4.1% | -5.8% |
| 11/6/2024 | -13.1% | -13.2% | -2.3% |
| 8/6/2024 | 1.9% | 28.9% | 33.1% |
| 2/28/2024 | 3.4% | 34.8% | 53.6% |
| 11/1/2023 | 2.6% | 8.9% | 21.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 10 |
| # Negative | 8 | 8 | 7 |
| Median Positive | 3.1% | 9.8% | 12.0% |
| Median Negative | -2.9% | -2.9% | -2.3% |
| Max Positive | 16.1% | 34.8% | 53.6% |
| Max Negative | -13.1% | -13.2% | -6.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/04/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 03/05/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/01/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/02/2022 | 10-Q |
| 03/31/2022 | 05/03/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hanley, Bryan A | Senior VP and Treasurer | Direct | Buy | 3122025 | 22.20 | 750 | 16,650 | 49,950 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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