CompoSecure Inc
NASDAQ:CMPO
Intrinsic Value
CompoSecure, Inc. engages in the designing and manufacturing of custom plastic identification and metal cards and pre-laminated materials. [ Read More ]
The intrinsic value of one CMPO stock under the Base Case scenario is 15.92 USD. Compared to the current market price of 7.23 USD, CompoSecure Inc is Undervalued by 55%.
Valuation Backtest
CompoSecure Inc
Run backtest to discover the historical profit from buying and selling CMPO stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Increased Profits and Strong 2024 Outlook
2023-Q4 Earnings Call
The company saw a sharp rise in quarterly net income by 39% to $31 million, attributed to cost controls and valuation adjustments, with adjusted EBITDA up 22% to $37.2 million. Yearly gross margins dipped from 58% to 54%, due to production inefficiencies, resulting in decreased net income from $131.8 million to $112.5 million. Adjusted EBITDA, conversely, hit a record $145 million, marking a 6% increase. Leveraging improved as well, with overall and bank agreement secured debt ratios dropping to 2.35x and 1.39x, respectively. Free cash flow rose to $55 million, and non-GAAP EPS for the fourth quarter was $0.29/$0.26 per basic/diluted share. Optimistically, 2024 net sales are guided to be $408-$428 million with adjusted EBITDA forecasted between $137-$157 million.
Balance Sheet Decomposition
CompoSecure Inc
Current Assets | 139.4m |
Cash & Short-Term Investments | 41.2m |
Receivables | 40.5m |
Other Current Assets | 57.7m |
Non-Current Assets | 61.7m |
PP&E | 32.7m |
Other Non-Current Assets | 29m |
Current Liabilities | 40.9m |
Accounts Payable | 5.2m |
Accrued Liabilities | 24m |
Other Current Liabilities | 11.7m |
Non-Current Liabilities | 365.9m |
Long-Term Debt | 326.2m |
Other Non-Current Liabilities | 39.7m |
Earnings Waterfall
CompoSecure Inc
Revenue
|
390.6m
USD
|
Cost of Revenue
|
-181.5m
USD
|
Gross Profit
|
209.1m
USD
|
Operating Expenses
|
-90m
USD
|
Operating Income
|
119.1m
USD
|
Other Expenses
|
-99.8m
USD
|
Net Income
|
19.2m
USD
|
Free Cash Flow Analysis
CompoSecure Inc
What is Free Cash Flow?
CMPO Profitability Score
Profitability Due Diligence
CompoSecure Inc's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
Score
CompoSecure Inc's profitability score is 64/100. The higher the profitability score, the more profitable the company is.
CMPO Solvency Score
Solvency Due Diligence
CompoSecure Inc's solvency score is 55/100. The higher the solvency score, the more solvent the company is.
Score
CompoSecure Inc's solvency score is 55/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CMPO Price Targets Summary
CompoSecure Inc
According to Wall Street analysts, the average 1-year price target for CMPO is 11.73 USD with a low forecast of 6.06 USD and a high forecast of 17.85 USD.
Ownership
CMPO Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
CMPO Price
CompoSecure Inc
Average Annual Return | -29.95% |
Standard Deviation of Annual Returns | 18.63% |
Max Drawdown | -56% |
Market Capitalization | 573.4m USD |
Shares Outstanding | 80 530 000 |
Percentage of Shares Shorted | 29.52% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
CompoSecure, Inc. engages in the designing and manufacturing of custom plastic identification and metal cards and pre-laminated materials. The company is headquartered in Somerset, New Jersey and currently employs 715 full-time employees. The company went IPO on 2020-11-06. The Company’s products include Metal Cards and Arculus. Its metal cards are engaged in the design and manufacture of metal payment cards, including contact and dual interface cards. The Company’s metal cards include Embedded Metal, Metal Veneer Lite, Metal Veneer, and Full Metal. Its Arculus provides seamless and robust key-based security by integrating its digital security technology into the platform. The company protects customers with passwordless login, multi-factor identity authentication, non-custodial crypto key management, and fraud reduction. The firm offers Arculus Cold Storage Wallet, a three-factor authentication solution. The Arculus Cold Storage Wallet is comprised of the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile Application.
Contact
IPO
Employees
Officers
The intrinsic value of one CMPO stock under the Base Case scenario is 15.92 USD.
Compared to the current market price of 7.23 USD, CompoSecure Inc is Undervalued by 55%.