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Compx International (Compx International) Cyclically Adjusted Price-to-FCF : 18.86 (As of May. 16, 2024)


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What is Compx International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Compx International's current share price is $23.20. Compx International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.23. Compx International's Cyclically Adjusted Price-to-FCF for today is 18.86.

The historical rank and industry rank for Compx International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CIX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.68   Med: 18.26   Max: 31.99
Current: 18.91

During the past years, Compx International's highest Cyclically Adjusted Price-to-FCF was 31.99. The lowest was 12.68. And the median was 18.26.

CIX's Cyclically Adjusted Price-to-FCF is ranked better than
50.55% of 362 companies
in the Business Services industry
Industry Median: 18.68 vs CIX: 18.91

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Compx International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.111. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compx International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Compx International's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Compx International Cyclically Adjusted Price-to-FCF Chart

Compx International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.01 17.20 27.74 21.20 21.36

Compx International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.91 19.66 16.79 21.36 27.96

Competitive Comparison of Compx International's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Compx International's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Compx International's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Compx International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Compx International's Cyclically Adjusted Price-to-FCF falls into.



Compx International Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Compx International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.20/1.23
=18.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Compx International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Compx International's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.111/129.4194*129.4194
=0.111

Current CPI (Mar. 2024) = 129.4194.

Compx International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.255 100.560 0.328
201409 0.399 100.428 0.514
201412 0.348 99.070 0.455
201503 -0.306 99.621 -0.398
201506 0.199 100.684 0.256
201509 0.445 100.392 0.574
201512 0.408 99.792 0.529
201603 -0.296 100.470 -0.381
201606 0.311 101.688 0.396
201609 0.434 101.861 0.551
201612 0.411 101.863 0.522
201703 -0.066 102.862 -0.083
201706 0.286 103.349 0.358
201709 0.327 104.136 0.406
201712 0.240 104.011 0.299
201803 -0.071 105.290 -0.087
201806 0.451 106.317 0.549
201809 0.485 106.507 0.589
201812 0.265 105.998 0.324
201903 -0.199 107.251 -0.240
201906 0.530 108.070 0.635
201909 0.473 108.329 0.565
201912 0.426 108.420 0.509
202003 -0.045 108.902 -0.053
202006 0.374 108.767 0.445
202009 0.311 109.815 0.367
202012 0.466 109.897 0.549
202103 -0.237 111.754 -0.274
202106 0.396 114.631 0.447
202109 0.312 115.734 0.349
202112 0.044 117.630 0.048
202203 -0.313 121.301 -0.334
202206 0.258 125.017 0.267
202209 0.472 125.227 0.488
202212 0.657 125.222 0.679
202303 0.227 127.348 0.231
202306 0.528 128.729 0.531
202309 0.156 129.860 0.155
202312 1.094 129.419 1.094
202403 0.111 129.419 0.111

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Compx International  (AMEX:CIX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Compx International Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Compx International's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Compx International (Compx International) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office & 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. The company generates maximum revenue from the Security Products segment, which manufactures mechanical and electrical cabinet locks and other locking mechanisms. Its geographical segments are the United States, Canada, Mexico, and others, of which the United States accounts for the vast majority of revenue.
Executives
Gina A. Norris director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Ann Manix director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kristin B Mccoy officer: EVP, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy A. Samford officer: Vice President and CFO 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Mary A. Tidlund director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Michael Shawn Simmons officer: SVP & Chief Financial Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Robert D Graham officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy E. Ruf officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Terri Herrington director C/O CONTRAN CORPORATION, 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Jane Rast Grimm officer: VP and Secretary 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

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