CompX International Inc. (CIX) vs Evolv Technologies Holdings, Inc. (EVLV)

CompX International Inc. and Evolv Technologies Holdings, Inc. are both Security & Protection Services companies. Evolv Technologies Holdings, Inc. is the larger, with a market value of $820.5M against $451.8M — 1.8× the size. Evolv Technologies Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; CompX International Inc. trades at 19.2×. Evolv Technologies Holdings, Inc. grew revenue faster over the last twelve months: 41.7% against 4.32%. CompX International Inc. has the higher net margin (14.0% vs −3.05%) and the higher return on invested capital (19.7% vs −26.4%). Across the 19 metrics below, CompX International Inc. leads on 15 and Evolv Technologies Holdings, Inc. on 4.

Valuation

Metric CIX EVLV Security & Protection Services median
P/E 19.17 n/m 22.53
P/S 2.69 4.77 1.17
P/B 3.05 6.88 2.09
Price to free cash flow 18.88 n/m 19.49
EV/EBITDA 12.36 n/m 11.17
EV/Sales 2.35 4.63 1.97
Earnings yield 5.22% (0.66%) 3.26%
Free cash flow yield 5.30% (0.68%) 1.46%

Profitability

Metric CIX EVLV Security & Protection Services median
Gross margin 32.50% 49.86% 38.10%
Operating margin 16.89% (20.77%) 9.80%
Net margin 13.95% (3.05%) 2.88%
Free cash flow margin 14.26% (3.23%) 0.00%
Return on equity 16.30% (4.94%) 8.74%
Return on assets 14.38% (1.79%) 1.21%
Return on invested capital 19.68% (26.42%) 1.98%

Growth

Metric CIX EVLV Security & Protection Services median
Revenue growth (TTM) 4.32% 41.67% 7.23%
EPS growth (last fiscal year) 17.04% 41.18% 35.69%
Revenue growth, 5-year CAGR 6.68% 98.08% 7.09%
Net income growth, 5-year CAGR 13.54% 0.00% 0.00%

Health

Metric CIX EVLV Security & Protection Services median
Debt to equity 0.00 0.24 0.20
Current ratio 5.39 1.18 1.92
Net debt to EBITDA (2.06) 1.68 1.55

Dividend

Metric CIX EVLV Security & Protection Services median
Dividend yield 3.31% — 1.65%
Payout ratio 0.63 — 0.28

Size

Metric CIX EVLV Security & Protection Services median
Market cap 451.77m 820.50m 408.73m

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