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 4,216 - -
Change - 101.91% -35.23% 116.1% 27.57% -37.93% - -
Enterprise Value (EV) 1 4,469 5,903 5,088 8,270 9,578 7,593 7,826 7,777
Change - 32.08% -13.8% 62.55% 15.81% -20.73% 3.07% -0.63%
P/E -7.22x 3.34x 11.6x -24x 16.2x 22x 12.8x 14.8x
PBR - - - 2.33x 2.57x 1.57x 1.45x 1.32x
PEG - -0x -0.1x 0x -0x -0.4x 0.2x -1.1x
Capitalization / Revenue 1.02x 1.05x 1.57x 4.25x 3.06x 2.18x 1.9x 1.76x
EV / Revenue 2.41x 1.63x 3.25x 6.6x 4.31x 3.93x 3.52x 3.24x
EV / EBITDA 3.99x 3.07x 5.48x 9.73x 8.88x 6.73x 5.08x 4.73x
EV / EBIT 6.87x 4.14x 15.9x 151x 21.9x 16.8x 11.8x 11.2x
EV / FCF 19.4x 8.86x -9.99x -32.6x -43.6x -10.2x -25.5x 38.6x
FCF Yield 5.16% 11.3% -10% -3.07% -2.29% -9.81% -3.92% 2.59%
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 0.6527 1.125 0.9701
Distribution rate - 3.04% 65.8% - - - - 3.09%
Net sales 1 1,851 3,628 1,565 1,254 2,220 1,934 2,224 2,402
EBITDA 1 1,120 1,924 928.1 850.2 1,079 1,128 1,539 1,644
EBIT 1 650.4 1,426 320.2 54.78 437.6 451.3 665 695.5
Net income 1 -259.2 1,125 211.1 -229.7 395.6 180.5 264.5 283.5
Net Debt 1 2,585 2,098 2,624 2,945 2,785 3,377 3,609 3,560
Reference price 2 8.09 13.71 8.85 18.22 23.18 14.36 14.36 14.36
Nbr of stocks (in thousands) 232,925 277,508 278,429 292,261 293,055 293,621 - -
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.($)
22x3.93x6.73x-.--% 4.22B
12.06x2.25x5.25x2.76% 148B
12.33x3.27x6.14x3.77% 97.38B
8.57x2.59x4.55x2.91% 74.6B
7.75x2.47x3.94x1.78% 58.63B
11.24x3.6x5.22x2.19% 55.72B
9.37x1.35x4.39x2.09% 54.5B
8.84x2.51x4.82x2.48% 52.16B
11.88x3.29x4.95x6.03% 42.7B
6.36x1.64x4.04x4.71% 35.35B
Average 11.04x 2.69x 5.00x 2.87% 62.3B
Weighted average by Cap. 10.43x 2.58x 4.99x 3.03%

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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