CXT
Crane NXT, Co.

Crane NXT, Co.CXT

Industrials · Specialty Industrial Machinery
48.44USD
+5.83%
Sep 23, 2026
CXT overview ready
Enabling Product Authentication and Traceability Across Regulated Supply Chains
Crane NXT is a direct technology enabler of product authentication and traceability.
Narrative is still early
Exposed to the Trusted Product Identity and Supply-Chain Traceability narrative through Regulated Product Traceability and Anti-Counterfeiting — enabling supplier.
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
The tactical setup reads constructive pullback, but the weekly structure is broken.
Attractive valuation
Current market expectations look undemanding relative to the cash the business actually produces.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Execution risk on margin recovery.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 1

Conviction Level

NarrativeHeat4.3ThemeHeat6.3PriceAction3.4Valuation8.3CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
The tactical setup reads constructive pullback, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$2.8B
Avg Volume (60D)
552.1K
60 sessions
Revenue Growth YoY
+11.4%
FY2025 vs FY2024
Gross Margin
+68.8%
Trailing twelve months
Operating Margin
+14.0%
Trailing twelve months
Free Cash Flow Yield
+8.2%
Distance from 200DMA
+2.6%
Next Earnings
2026-11-04
P/E
19.9x
EV / EBITDA
10.1x
EV / Sales
2.1x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap.
Crane NXT, Co. has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces. It trades at a 8.2% free-cash-flow yield and 10.1x EBITDA, which the underlying economics comfortably support.

Company Research

Thesis
Crane NXT is a direct technology enabler of product authentication and traceability.
Opportunity
Moderate opportunity
Product-level serialization, inspection, authentication and digital traceability systems used to establish provenance, deter diversion and counterfeiting, meet regulatory requirements, and improve quality assurance across regulated and high-value supply chains.
Key risk
Execution risk on margin recovery.

Narrative & Theme

Trusted Product Identity and Supply-Chain Traceability
Part of Regulated Product Traceability and Anti-Counterfeiting, with strong fit.
CXT has evolved beyond its former payment-equipment and currency-security framing into a more coherent authentication, inspection and traceability platform after acquiring De La Rue Authentication in May 2025 and Antares Vision in March 2026.
Narrative HeatCooling4.3 / 10
Theme HeatNeutral6.3 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Industrials · Specialty Industrial Machinery
What they do

Crane NXT, Co. operates as an industrial technology company providing technology solutions to secure, detect, and authenticate important assets through its two segments: Crane Payment Innovations and Security and Authentication Technologies.

How it earns

The company generates revenue primarily through the sale of electronic equipment, software, and automation solutions, as well as associated services.

Products & services
Electronic payment processing equipment and software
Advanced security and authentication solutions
Customers & end markets
Businesses requiring secure payment and transaction processing
Organizations needing asset security and authentication
Market position

Niche player providing specialized industrial technology solutions in payment innovations and security authentication.

Demand drivers
Medium cyclicality

Demand is influenced by industrial capital spending cycles and technology adoption trends.