As part of a new series here at The Acquirer’s Multiple, we’re providing a new feature called ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is Compx International Inc. (NYSEAMERICAN: CIX).
Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare and a variety of other industries. Also, it is engaged in the manufacturing of stainless steel exhaust systems, gauges, throttle controls, and trim tabs for the recreational marine industry. The company’s operating segment includes Security Products and Marine Components. It generates maximum revenue from the Security Products segment. Geographically, it derives a majority of revenue from the United States.
A quick look at Compx International’s share price history (below) over the past twelve months shows that the price is down 6%. Here’s why the company is undervalued.
Summary
Market Cap: $174 Million
Enterprise Value: $110 Million
Operating Earnings*
Operating Earnings: $18 Million
Acquirer’s Multiple
Acquirer’s Multiple: 6
Free Cash Flow (TTM)
Free Cash Flow: $17 Million
FCF/EV Yield:
FCF/EV Yield: 15%
Other Indicators
Piotroski F-Score: 5
Altman Z-Score: 9.69
Beneish M-Score: -2.72
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple: