Compx International Stock Net Asset
| CIX Stock | USD 32.66 2.46 8.15% |
CompX International fundamentals help investors to digest information that contributes to CompX International's financial success or failures. It also enables traders to predict the movement of CompX Stock. The fundamental analysis module provides a way to measure CompX International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CompX International stock.
CompX | Net Asset |
CompX International Company Net Asset Analysis
CompX International's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current CompX International Net Asset | 187.6 M |
Most of CompX International's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CompX International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CompX Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for CompX International is extremely important. It helps to project a fair market value of CompX Stock properly, considering its historical fundamentals such as Net Asset. Since CompX International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CompX International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CompX International's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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CompX Total Assets
Total Assets |
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Based on the recorded statements, CompX International has a Net Asset of 187.6 M. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.
CompX Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CompX International's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CompX International could also be used in its relative valuation, which is a method of valuing CompX International by comparing valuation metrics of similar companies.CompX International is currently under evaluation in net asset category among related companies.
CompX Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0871 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 295.13 M | ||||
| Shares Outstanding | 12.31 M | ||||
| Shares Owned By Insiders | 87.76 % | ||||
| Shares Owned By Institutions | 7.81 % | ||||
| Number Of Shares Shorted | 20.93 K | ||||
| Price To Earning | 23.39 X | ||||
| Price To Book | 2.41 X | ||||
| Price To Sales | 2.53 X | ||||
| Revenue | 161.29 M | ||||
| Gross Profit | 48.8 M | ||||
| EBITDA | 29.41 M | ||||
| Net Income | 22.59 M | ||||
| Cash And Equivalents | 26.75 M | ||||
| Cash Per Share | 5.69 X | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 7.68 X | ||||
| Book Value Per Share | 13.71 X | ||||
| Cash Flow From Operations | 25.81 M | ||||
| Short Ratio | 1.18 X | ||||
| Earnings Per Share | 1.84 X | ||||
| Target Price | 38.0 | ||||
| Number Of Employees | 555 | ||||
| Beta | 0.82 | ||||
| Market Capitalization | 371.88 M | ||||
| Total Asset | 187.6 M | ||||
| Retained Earnings | 115.46 M | ||||
| Working Capital | 109.42 M | ||||
| Current Asset | 76.91 M | ||||
| Current Liabilities | 12.09 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 2.36 % | ||||
| Net Asset | 187.6 M | ||||
| Last Dividend Paid | 1.0 |
About CompX International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CompX International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CompX International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CompX International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CompX International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CompX International's short interest history, or implied volatility extrapolated from CompX International options trading.
Pair Trading with CompX International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CompX International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CompX International will appreciate offsetting losses from the drop in the long position's value.Moving together with CompX Stock
| 0.83 | NL | NL Industries | PairCorr |
| 0.68 | WM | Waste Management | PairCorr |
Moving against CompX Stock
| 0.88 | SOS | SOS Limited Report 16th of May 2024 | PairCorr |
| 0.79 | HDSN | Hudson Technologies | PairCorr |
| 0.7 | TOMZ | TOMI Environmental Financial Report 20th of May 2024 | PairCorr |
| 0.68 | ACCO | Acco Brands | PairCorr |
| 0.67 | LNZAW | LanzaTech Global | PairCorr |
The ability to find closely correlated positions to CompX International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CompX International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CompX International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CompX International to buy it.
The correlation of CompX International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CompX International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CompX International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CompX International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out CompX International Piotroski F Score and CompX International Altman Z Score analysis. For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for CompX Stock analysis
When running CompX International's price analysis, check to measure CompX International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CompX International is operating at the current time. Most of CompX International's value examination focuses on studying past and present price action to predict the probability of CompX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompX International's price. Additionally, you may evaluate how the addition of CompX International to your portfolios can decrease your overall portfolio volatility.
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Is CompX International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CompX International. If investors know CompX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CompX International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.395 | Dividend Share 1 | Earnings Share 1.84 | Revenue Per Share 13.101 | Quarterly Revenue Growth 0.08 |
The market value of CompX International is measured differently than its book value, which is the value of CompX that is recorded on the company's balance sheet. Investors also form their own opinion of CompX International's value that differs from its market value or its book value, called intrinsic value, which is CompX International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CompX International's market value can be influenced by many factors that don't directly affect CompX International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CompX International's value and its price as these two are different measures arrived at by different means. Investors typically determine if CompX International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CompX International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.