Bridger Aerospace Group Holdings, Inc. (BAER) vs CompX International Inc. (CIX)

Bridger Aerospace Group Holdings, Inc. and CompX International Inc. are both Security & Protection Services companies. CompX International Inc. is the larger, with a market value of $447.3M against $49.4M — 9.1× the size. Bridger Aerospace Group Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; CompX International Inc. trades at 21.1×. CompX International Inc. grew revenue faster over the last twelve months: 5.96% against −8.74%. CompX International Inc. has the higher net margin (13.6% vs −35.0%) and the higher return on invested capital (17.9% vs 0.18%). Across the 18 metrics below, CompX International Inc. leads on 14 and Bridger Aerospace Group Holdings, Inc. on 4.

Valuation

Metric BAER CIX Security & Protection Services median
P/E n/m 21.12 21.88
P/S 0.39 2.88 1.21
P/B n/m 3.22 2.21
Price to free cash flow n/m 21.96 20.62
EV/EBITDA 14.56 13.84 12.37
EV/Sales 2.37 2.56 1.86
Earnings yield (90.00%) 4.74% 3.67%
Free cash flow yield (200.36%) 4.55% 1.13%

Profitability

Metric BAER CIX Security & Protection Services median
Gross margin 38.10% 32.08% 41.45%
Operating margin 0.67% 16.30% 8.06%
Net margin (35.04%) 13.60% 3.72%
Free cash flow margin (78.37%) 13.11% 1.45%
Return on equity 10.96% 14.97% 9.87%
Return on assets (13.41%) 13.49% 2.54%
Return on invested capital 0.18% 17.88% 3.11%

Growth

Metric BAER CIX Security & Protection Services median
Revenue growth (TTM) (8.74%) 5.96% 5.96%
EPS growth (last fiscal year) 48.15% 17.04% —
Revenue growth, 5-year CAGR — 6.68% 7.35%
Net income growth, 5-year CAGR 0.00% 13.54% 0.00%

Health

Metric BAER CIX Security & Protection Services median
Debt to equity 6.88 0.00 0.20
Current ratio 1.73 6.69 1.93
Net debt to EBITDA 5.69 (2.06) 1.55

Dividend

Metric BAER CIX Security & Protection Services median
Dividend yield — 4.26% 1.53%
Payout ratio 0.00 0.62 0.00

Size

Metric BAER CIX Security & Protection Services median
Market cap 49.42m 447.33m 395.79m

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