This stock no longer trades (delisted January 23, 2026)

Delisted / no longer publicly traded (per market data provider) Everything below is based on the last available data — treat it as historical, not a live read.

Stock

CompoSecure

CMPO
14
Manufacturing - Metal Fabrication · Industrials
Price
$16.51
-1.04 (-5.93%)
Market Cap
$1.68B
Exchange
NASDAQ Global Market
Winston Score
14
Historical score — this stock no longer trades, so the score is frozen at the last available data.
Based on the IPO prospectus (annual filing). This score will refine automatically once the company reports its first quarters.
Data as of Oct 18, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Weak
6/30
Growth
Weak
0/20
Cash Flow
Weak
0/10
Stability
Good
5/10
Valuation
Data not available
0/10
Ownership
Not counted
n/a
Dividends
Not counted
n/a

11 of 80 counted points = Winston Score 14. Pillars marked n/a do not apply to this company and are left out of the total.

Share count rising — dilution

+640.2% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 14.9M (2021) → 110.5M (2025)

§Winston Score History

The full picture

CompoSecure makes premium metal payment cards for banks and fintech companies. Instead of the usual plastic credit or debit card, CompoSecure produces cards made from stainless steel, carbon fiber, and other metals that feel heavier and more luxurious. It is the leading manufacturer of metal payment cards in the world, supplying major card issuers who use them to attract and retain wealthy customers.

The company earns revenue by selling finished metal cards to financial institutions, typically on a per-card basis. It operates primarily from facilities in the United States and serves clients globally. Its moat comes from proprietary manufacturing processes, long-standing issuer relationships, and patents that make it difficult for competitors to replicate its products at scale. CompoSecure has also been investing in Arculus, a digital authentication and crypto storage platform built into its cards. Growth depends on expanding metal card adoption among more issuers and successfully commercializing Arculus, though competition and customer concentration remain key risks.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

YoY Growth Rate

Revenue data limited

EPS Growth

+276.9% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

↓ Declining (-100% vs prior year)

0.0% of revenue

Below sector average (4%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

63.7%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$3.2B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Profit per sale
Gross Margin
48.1%
Healthy — 48.1% gross margin
Profit after running costs
Operating Margin
-23.0%
Losing money on operations — -23.0%
Return on the money invested
ROCE
-5.2%
Weak — -5.2% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth
Sales YoY
-85.8%
Shrinking sales (-85.8% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
N/A
Data not available

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-38.2%
Burning cash (-38.2%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
0.09
Conservative — low debt load (0.09)
Covers its interest
Interest Cover
N/A
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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