CompX Return On Equity from 2010 to 2024

CIX Stock  USD 27.64  0.17  0.61%   
CompX International Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of CompX International in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.13380594
Current Value
0.14
Quarterly Volatility
3.62323266
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CompX International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CompX International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 1.7 M or Selling General Administrative of 18.2 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0281 or PTB Ratio of 1.94. CompX financial statements analysis is a perfect complement when working with CompX International Valuation or Volatility modules.
  
Check out the analysis of CompX International Correlation against competitors.
For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.

Latest CompX International's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of CompX International over the last few years. Return on Equity is the amount of CompX International net income returned as a percentage of CompX International equity. Return on equity measures CompX International profitability by revealing how much profit CompX International generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. CompX International's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CompX International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

CompX Return On Equity Regression Statistics

Arithmetic Mean(0.82)
Coefficient Of Variation(440.91)
Mean Deviation1.75
Median0.1
Standard Deviation3.62
Sample Variance13.13
Range14.2592
R-Value0.43
Mean Square Error11.51
R-Squared0.19
Significance0.11
Slope0.35
Total Sum of Squares183.79

CompX Return On Equity History

2024 0.14
2022 0.13
2021 0.0957
2020 0.0616
2019 0.0986
2018 0.1
2017 0.0966

About CompX International Financial Statements

CompX International investors use historical fundamental indicators, such as CompX International's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CompX International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.13  0.14 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CompX Stock Analysis

When running CompX International's price analysis, check to measure CompX International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CompX International is operating at the current time. Most of CompX International's value examination focuses on studying past and present price action to predict the probability of CompX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompX International's price. Additionally, you may evaluate how the addition of CompX International to your portfolios can decrease your overall portfolio volatility.