Is CompX International, Inc. overvalued or undervalued?

As of 6 May 2025, the valuation grade for CompX International, Inc. has moved from expensive to very attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued. Key ratios include a P/E ratio of 16, an EV to EBITDA of 10.49, and a ROCE of 20.97%.
In comparison to peers, CompX's P/E ratio of 16.45 is notably lower than Insteel Industries, Inc., which has a P/E of 28.50, and Olympic Steel, Inc. at 21.03, both of which are categorized as expensive. Additionally, CompX's strong dividend yield of 1330.04% and solid ROE of 12.17% further support its attractive valuation. While CompX has underperformed against the S&P 500 year-to-date, its long-term performance remains commendable, with a 5-year return of 71.33%.