CompX: A Wonderful Company At A Fair Price

Core Insights - CompX International, Inc. (NYSE: CIX) has demonstrated strong financial performance over the past five years, with a net operating profit after tax (NOPAT) compounding at 2.9% annually [1] - The company's return on invested capital (ROIC) has increased from 9.4% to 11.89%, indicating improved efficiency in generating returns from investments [1] - CompX has generated nearly one-third of its market capitalization as free cash flow, highlighting its strong cash generation capabilities [1]