Forensic Analysis · Industrials / Manufacturing / Defense · as of Jun 28, 2026
COMPX INTERNATIONAL INC (CIX)
A forensic read on COMPX INTERNATIONAL INC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
A · High-quality compounder
Forensic grade
Safe
Financial health
14.5
Altman Z-score
Clean
Earnings quality
3
Forensic signals
16.6
P / E (ttm)
14.3%
ROE
$335M
Market cap
4.41%
Dividend yield
COMPX INTERNATIONAL INC earns a A (High-quality compounder) forensic quality grade, and its Altman Z-score is 14.5, placing it in the Safe zone. 3 forensic signals were flagged in its latest SEC filings, led by shareholder returns.
What the filings flag
142% of FCFShareholder returns.Returned $27M to shareholders (buybacks + dividends) in FY2025 — 142% of free cash flow. More than free cash flow generated — and beyond operating cash too, so the extra is coming from debt or cash reserves, which isn't sustainable indefinitely.
-0.1%/yrShare-count dilution.Diluted share count changed -0% over the last 3 years to FY2025 (-0.1%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
-64%Dividend — cut.The payout was CUT ~64% in FY2023 (from FY2022). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin12.3%
Debt / Equity0.13x
Free Cash Flow$19.1M
Latest Revenue$158.3M
Return on Equity14.1%
Revenue Growth YoY+8.5%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on COMPX INTERNATIONAL INC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about CIX's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown