CompoSecure, Inc. (GPGI) vs Insteel Industries, Inc. (IIIN)

CompoSecure, Inc. and Insteel Industries, Inc. are both Metal Fabrication companies. CompoSecure, Inc. is the larger, with a market value of $3.5B against $563.9M — 6.1× the size. CompoSecure, Inc. has negative trailing earnings, so its P/E is not meaningful; Insteel Industries, Inc. trades at 15.8×. Insteel Industries, Inc. grew revenue faster over the last twelve months: 17.1% against −34.6%. Insteel Industries, Inc. has the higher net margin (5.14% vs 0.00%) and the higher return on invested capital (8.33% vs −1.62%). Across the 18 metrics below, Insteel Industries, Inc. leads on 15 and CompoSecure, Inc. on 3.

Valuation

Metric GPGI IIIN Metal Fabrication median
P/E n/m 15.76 17.15
P/S 12.57 0.81 1.14
P/B 1.06 1.54 1.71
Price to free cash flow n/m n/m 22.10
EV/EBITDA n/m 8.55 17.60
EV/Sales 13.27 0.78 1.96
Earnings yield (16.97%) 6.34% 2.28%
Free cash flow yield (2.09%) (1.09%) 0.92%

Profitability

Metric GPGI IIIN Metal Fabrication median
Gross margin 51.04% 11.77% 21.08%
Operating margin 0.00% 6.56% 5.14%
Net margin 0.00% 5.14% 4.70%
Free cash flow margin 0.00% (0.68%) 1.45%
Return on equity (20.62%) 10.00% 0.00%
Return on assets (16.73%) 7.69% 1.56%
Return on invested capital (1.62%) 8.33% 2.19%

Growth

Metric GPGI IIIN Metal Fabrication median
Revenue growth (TTM) (34.58%) 17.06% 9.93%
EPS growth (last fiscal year) (0.82%) 112.12% —
Revenue growth, 5-year CAGR (25.50%) 6.51% 6.12%
Net income growth, 5-year CAGR 0.00% 16.63% 0.00%

Health

Metric GPGI IIIN Metal Fabrication median
Debt to equity 0.00 0.00 0.30
Current ratio 1.14 3.57 2.08
Net debt to EBITDA 9.53 (0.55) 1.02

Dividend

Metric GPGI IIIN Metal Fabrication median
Dividend yield — 7.28% 1.69%
Payout ratio 0.00 0.05 0.06

Size

Metric GPGI IIIN Metal Fabrication median
Market cap 3.46b 563.91m 896.96m

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