Company Valuation: Comstock Resources, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,884 3,805 2,464 5,325 6,793 4,159 - -
Change - 101.91% -35.23% 116.1% 27.57% -38.78% - -
Enterprise Value (EV) 1 4,469 5,903 5,088 8,270 9,578 7,490 7,721 7,698
Change - 32.08% -13.8% 62.55% 15.81% -21.8% 3.09% -0.3%
P/E -7.22x 3.34x 11.6x -24x 16.2x 18.2x 14.2x 11.4x
PBR - - - 2.33x 2.57x 1.45x 1.34x 1.2x
PEG - -0x -0.1x 0x -0x -0.4x 0.5x 0.5x
Capitalization / Revenue 1.02x 1.05x 1.57x 4.25x 3.06x 2.04x 1.73x 1.65x
EV / Revenue 2.41x 1.63x 3.25x 6.6x 4.31x 3.67x 3.21x 3.06x
EV / EBITDA 3.99x 3.07x 5.48x 9.73x 8.88x 6.54x 5.03x 4.47x
EV / EBIT 6.87x 4.14x 15.9x 151x 21.9x 15.2x 12.2x 9.75x
EV / FCF 19.4x 8.86x -9.99x -32.6x -43.6x -11x -32.7x 44.1x
FCF Yield 5.16% 11.3% -10% -3.07% -2.29% -9.06% -3.06% 2.27%
Dividend per Share 2 - 0.125 0.5 - - - - 0.03
Rate of return - 0.91% 5.65% - - - - 0.21%
EPS 2 -1.12 4.11 0.76 -0.76 1.43 0.7763 0.9967 1.246
Distribution rate - 3.04% 65.8% - - - - 2.41%
Net sales 1 1,851 3,628 1,565 1,254 2,220 2,043 2,408 2,516
EBITDA 1 1,120 1,924 928.1 850.2 1,079 1,145 1,536 1,720
EBIT 1 650.4 1,426 320.2 54.78 437.6 492.1 634.5 789.4
Net income 1 -259.2 1,125 211.1 -229.7 395.6 212.9 290.4 363.9
Net Debt 1 2,585 2,098 2,624 2,945 2,785 3,331 3,562 3,540
Reference price 2 8.09 13.71 8.85 18.22 23.18 14.16 14.16 14.16
Nbr of stocks (in thousands) 232,925 277,508 278,429 292,261 293,055 293,696 - -
Announcement Date 15/02/22 14/02/23 13/02/24 18/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.24x3.67x6.54x-.--% 4.16B
10.24x2x4.61x3.27% 126B
10.38x2.89x5.4x4.46% 81.86B
7.35x2.5x4.18x3.19% 68.92B
6.48x2.22x3.58x2.1% 48.55B
10.66x3.26x4.52x2.5% 48.87B
8.59x2.18x4.21x2.91% 46.55B
7.79x1.18x4.11x2.48% 45.52B
9.86x2.91x4.31x7.54% 37.07B
10.7x3.86x5.49x1.27% 32.34B
Average 10.03x 2.67x 4.70x 2.97% 54B
Weighted average by Cap. 9.31x 2.46x 4.55x 3.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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