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On November 5, 2025 CompX declared a regular quarterly cash dividend of $0.30 per share, payable in December 2025 to shareholders of record in late November.
Technical Analysis
Directional indicators present conflicting signals: DI+ shows a peak & reversal, which reads bearish, while DI- also shows a peak & reversal that reads bullish; ADX at 7.21 indicates no established trend. Together this implies directional indecision and limited trending conviction versus the current valuation view.
MACD sits at 0.15 and trends decreasing beneath its 0.19 signal line, signaling waning bullish momentum and a bearish momentum bias for the near term relative to the recent price level.
MRO registers 23.49 and sits positive, indicating the market price sits above the model target and therefore carries downside pressure heading into a reversion toward fair-value anchors implied by the valuation.
RSI at 50.04 with a peak & reversal shows neutral absolute momentum but a recent topping characteristic, consistent with the MACD and MRO signal mix and the expectation of a modest pullback or consolidation phase.
Price relationships support a cautious near-term view: the last close of $23.12 sits below the 12-day EMA ($23.41) and the 20-day average ($23.56), just above the lower 1x Bollinger band ($23.10) and above short-term ichimoku support levels (~$22.45). SuperTrend lower support sits near $22.97. Volume runs below 50- and 200-day averages, suggesting limited conviction behind recent moves.
Fundamental Analysis
Revenue totaled $39,950,000 with net income of $4,222,000 and EBIT of $4,761,000; EBITDA reached $5,657,000. Gross margin measures 27.61% while operating (EBIT) margin sits at 11.92%. Operating (EBIT) margin improved year-over-year by 19.81% but declined quarter-over-quarter by 23.89%, indicating sequential margin compression despite stronger annual performance.
Top-line dynamics show revenue growth at -1.03% (overall). Reported year-over-year revenue change equals -83.33% and quarter-over-quarter change equals -542.49% per the supplied figures; these reflect material reported swings that contrast with the margin improvement and require monitoring in subsequent disclosures.
Liquidity and working-capital metrics remain strong: cash and short-term investments total $46,268,000 and the current ratio stands at 6.41 with a quick ratio of 4.37 and a cash ratio of 3.05, all signaling ample near-term coverage of liabilities. Cash conversion cycle runs 133.6 days, above the industry peer mean of 63.98 days, pointing to slower cash conversion versus peers.
Capital efficiency measures: asset turnover sits at 0.2509, modestly above the industry peer mean of 0.2118, while return on assets equals 2.65% and return on equity equals 3.07%, both below typical high-performing peers but positive on a trailing basis. Interest coverage equals 4.76, indicating coverage but not surplus leverage flexibility.
Market multiples show P/B at 2.09 (below the industry peer mean of 3.71) and P/S at 7.20 (above the industry peer mean of 5.94). Forward EPS stands at $0.4025 with a forward P/E near 60.86; forward revenue per share implies a forward P/S of 24.51. Free cash flow yield equals 1.83%, which sits above the industry peer mean of 1.01% while free-cash-flow growth metrics show large reported swings year-over-year.
Dividend policy remains active: a trailing dividend yield of 5.57% with a dividend rate of $1.3004 and a dividend payout ratio reported at 379.42% (reflecting dividend distributions relative to reported net income in the period). Retained earnings total $84,020,000, and cash flow to earnings sits at 123.45%, supporting continued distributions from a cash perspective despite payout metrics that exceed accounting earnings.
WMDST values the stock as under-valued based on the combination of strong cash balances, positive margins, and conservative capital structure. That valuation coexists with short-term technical and cash-conversion frictions that temper the immediate re-rating potential.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-09-30 |
| REPORT DATE: | 2025-11-20 |
| NEXT REPORT DATE: | 2026-02-19 |
| CASH FLOW | Begin Period Cash Flow | $ 56.2 M |
| Operating Cash Flow | $ 6.3 M | |
| Capital Expenditures | $ -983.00 K | |
| Change In Working Capital | $ 1.2 M | |
| Dividends Paid | $ -16.02 M | |
| Cash Flow Delta | $ -9.95 M | |
| End Period Cash Flow | $ 46.3 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 40.0 M | |
| Forward Revenue | $ 11.7 M | |
| COSTS | ||
| Cost Of Revenue | $ 28.9 M | |
| Depreciation | $ 896.0 K | |
| Depreciation and Amortization | $ 896.0 K | |
| Research and Development | — | |
| Total Operating Expenses | $ 35.2 M | |
| PROFITABILITY | ||
| Gross Profit | $ 11.0 M | |
| EBITDA | $ 5.7 M | |
| EBIT | $ 4.8 M | |
| Operating Income | $ 4.8 M | |
| Interest Income | $ 800.0 K | |
| Interest Expense | — | |
| Net Interest Income | $ 800.0 K | |
| Income Before Tax | $ 5.6 M | |
| Tax Provision | $ 1.3 M | |
| Tax Rate | 24.078 % | |
| Net Income | $ 4.2 M | |
| Net Income From Continuing Operations | $ 4.2 M | |
| EARNINGS | ||
| EPS Estimate | — | |
| EPS Actual | — | |
| EPS Difference | — | |
| EPS Surprise | — | |
| Forward EPS | $ 0.40 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 153.7 M | |
| Intangible Assets | $ 23.7 M | |
| Net Tangible Assets | $ 113.9 M | |
| Total Current Assets | $ 97.3 M | |
| Cash and Short-Term Investments | $ 46.3 M | |
| Cash | $ 46.3 M | |
| Net Receivables | $ 17.9 M | |
| Inventory | $ 31.0 M | |
| Long-Term Investments | $ 622.0 K | |
| LIABILITIES | ||
| Accounts Payable | $ 3.2 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 15.2 M | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | $ 16.1 M | |
| EQUITY | ||
| Total Equity | $ 137.7 M | |
| Retained Earnings | $ 84.0 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 11.17 | |
| Shares Outstanding | 12.319 M | |
| Revenue Per-Share | $ 3.24 | |
| VALUATION | Market Capitalization | $ 287.5 M |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.117 | |
| Asset To Liability | 9.567 | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 2.089 | |
| Price To Book QoQ | 0.338 % | |
| Price To Book YoY | -11.367 % | |
| Price To Book IPRWA | high: 5.156 median: 5.156 mean: 3.712 CIX: 2.089 low: -2.803 |
|
| Price To Earnings (P/E) | — | |
| Price To Earnings QoQ | — | |
| Price To Earnings YoY | — | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | — | |
| Price To Sales (P/S) | 7.197 | |
| Price To Sales QoQ | -6.62 % | |
| Price To Sales YoY | -29.251 % | |
| Price To Sales IPRWA | high: 14.843 CIX: 7.197 mean: 5.94 median: 5.067 low: 0.627 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 60.856 | |
| Forward PE/G | — | |
| Forward P/S | 24.515 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 23.936 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.251 | |
| Asset Turnover Ratio QoQ | 1.604 % | |
| Asset Turnover Ratio YoY | 28.605 % | |
| Asset Turnover Ratio IPRWA | high: 0.622 median: 0.276 CIX: 0.251 mean: 0.212 low: 0.069 |
|
| Receivables Turnover | 2.298 | |
| Receivables Turnover Ratio QoQ | -0.553 % | |
| Receivables Turnover Ratio YoY | 2.0 % | |
| Receivables Turnover Ratio IPRWA | high: 4.52 CIX: 2.298 mean: 1.954 median: 1.915 low: 1.169 |
|
| Inventory Turnover | 0.906 | |
| Inventory Turnover Ratio QoQ | 2.304 % | |
| Inventory Turnover Ratio YoY | 3.639 % | |
| Inventory Turnover Ratio IPRWA | high: 35.088 mean: 5.271 CIX: 0.906 median: 0.843 low: 0.18 |
|
| Days Sales Outstanding (DSO) | 39.716 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 133.586 | |
| Cash Conversion Cycle Days QoQ | 5.007 % | |
| Cash Conversion Cycle Days YoY | 2.845 % | |
| Cash Conversion Cycle Days IPRWA | high: 185.656 CIX: 133.586 median: 119.054 mean: 63.975 low: -242.39 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.487 | |
| CapEx To Revenue | -0.025 | |
| CapEx To Depreciation | -1.097 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 137.7 M | |
| Net Invested Capital | $ 137.7 M | |
| Invested Capital | $ 137.7 M | |
| Net Tangible Assets | $ 113.9 M | |
| Net Working Capital | $ 82.1 M | |
| LIQUIDITY | ||
| Cash Ratio | 3.05 | |
| Current Ratio | 6.413 | |
| Current Ratio QoQ | -14.364 % | |
| Current Ratio YoY | -14.686 % | |
| Current Ratio IPRWA | CIX: 6.413 high: 3.939 median: 2.239 mean: 2.054 low: 0.316 |
|
| Quick Ratio | 4.373 | |
| Quick Ratio QoQ | -15.892 % | |
| Quick Ratio YoY | -20.249 % | |
| Quick Ratio IPRWA | CIX: 4.373 high: 3.687 mean: 1.176 median: 1.163 low: 0.263 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | — | |
| Interest Coverage Ratio | 4.761 | |
| Interest Coverage Ratio QoQ | -24.668 % | |
| Interest Coverage Ratio YoY | 42.162 % | |
| Interest Coverage Ratio IPRWA | high: 25.664 mean: 16.073 median: 11.873 CIX: 4.761 low: -9.626 |
|
| Operating Cash Flow Ratio | 0.344 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 12.158 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 0.264 | |
| Dividend Payout Ratio | 3.794 | |
| Dividend Rate | $ 1.30 | |
| Dividend Yield | 0.056 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -6.703 % | |
| Revenue Growth | -1.031 % | |
| Revenue Growth QoQ | -542.489 % | |
| Revenue Growth YoY | -83.333 % | |
| Revenue Growth IPRWA | high: 20.946 % median: 1.892 % mean: -0.32 % CIX: -1.031 % low: -8.763 % |
|
| Earnings Growth | — | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | — | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | 27.607 % | |
| Gross Margin QoQ | -13.547 % | |
| Gross Margin YoY | -1.831 % | |
| Gross Margin IPRWA | high: 91.574 % median: 49.682 % mean: 48.653 % CIX: 27.607 % low: 5.069 % |
|
| EBIT Margin | 11.917 % | |
| EBIT Margin QoQ | -23.887 % | |
| EBIT Margin YoY | 19.805 % | |
| EBIT Margin IPRWA | high: 36.672 % mean: 24.297 % median: 21.268 % CIX: 11.917 % low: -15.41 % |
|
| Return On Sales (ROS) | 11.917 % | |
| Return On Sales QoQ | -23.887 % | |
| Return On Sales YoY | 19.805 % | |
| Return On Sales IPRWA | high: 36.672 % mean: 24.355 % median: 21.268 % CIX: 11.917 % low: -6.062 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 5.3 M | |
| Free Cash Flow Yield | 1.833 % | |
| Free Cash Flow Yield QoQ | 68.474 % | |
| Free Cash Flow Yield YoY | 72.113 % | |
| Free Cash Flow Yield IPRWA | high: 6.489 % CIX: 1.833 % mean: 1.008 % median: 0.547 % low: -3.728 % |
|
| Free Cash Growth | 55.746 % | |
| Free Cash Growth QoQ | -112.307 % | |
| Free Cash Growth YoY | -191.088 % | |
| Free Cash Growth IPRWA | high: 190.125 % CIX: 55.746 % mean: -28.615 % median: -40.029 % low: -509.312 % |
|
| Free Cash To Net Income | 1.249 | |
| Cash Flow Margin | 13.046 % | |
| Cash Flow To Earnings | 1.234 | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | 2.651 % | |
| Return On Assets QoQ | -20.51 % | |
| Return On Assets YoY | 31.563 % | |
| Return On Assets IPRWA | high: 4.996 % median: 3.955 % mean: 3.772 % CIX: 2.651 % low: -2.478 % |
|
| Return On Capital Employed (ROCE) | 3.436 % | |
| Return On Equity (ROE) | 0.031 | |
| Return On Equity QoQ | -15.95 % | |
| Return On Equity YoY | 28.165 % | |
| Return On Equity IPRWA | high: 0.135 median: 0.081 mean: 0.072 CIX: 0.031 low: -0.162 |
|
| DuPont ROE | 2.941 % | |
| Return On Invested Capital (ROIC) | 2.626 % | |
| Return On Invested Capital QoQ | -18.397 % | |
| Return On Invested Capital YoY | -160.759 % | |
| Return On Invested Capital IPRWA | high: 7.826 % mean: 5.04 % median: 4.983 % CIX: 2.626 % low: -0.641 % |
|