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 3,905 - -
Change - 101.91% -35.23% 116.1% 27.57% -42.51% - -
Enterprise Value (EV) 1 4,469 5,903 5,088 8,270 9,578 7,282 7,515 7,465
Change - 32.08% -13.8% 62.55% 15.81% -23.97% 3.2% -0.66%
P/E -7.22x 3.34x 11.6x -24x 16.2x 25.1x 11.5x 13.3x
PBR - - - 2.33x 2.57x 1.46x 1.34x 1.22x
PEG - -0x -0.1x 0x -0x -0.4x 0x -1x
Capitalization / Revenue 1.02x 1.05x 1.57x 4.25x 3.06x 2.01x 1.76x 1.63x
EV / Revenue 2.41x 1.63x 3.25x 6.6x 4.31x 3.75x 3.38x 3.11x
EV / EBITDA 3.99x 3.07x 5.48x 9.73x 8.88x 6.42x 4.88x 4.42x
EV / EBIT 6.87x 4.14x 15.9x 151x 21.9x 16.5x 11.2x 10.6x
EV / FCF 19.4x 8.86x -9.99x -32.6x -43.6x -9.78x -24.5x 34.9x
FCF Yield 5.16% 11.3% -10% -3.07% -2.29% -10.2% -4.09% 2.86%
Dividend per Share 2 - 0.125 0.5 - - - - 0.03
Rate of return - 0.91% 5.65% - - - - 0.23%
EPS 2 -1.12 4.11 0.76 -0.76 1.43 0.5291 1.158 1.003
Distribution rate - 3.04% 65.8% - - - - 2.99%
Net sales 1 1,851 3,628 1,565 1,254 2,220 1,939 2,225 2,402
EBITDA 1 1,120 1,924 928.1 850.2 1,079 1,134 1,540 1,689
EBIT 1 650.4 1,426 320.2 54.78 437.6 442.6 670.2 702.1
Net income 1 -259.2 1,125 211.1 -229.7 395.6 159.9 271.5 292.8
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 13.30 13.30 13.30
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.($)
25.14x3.75x6.42x-.--% 3.91B
12.13x2.23x5.3x2.87% 144B
12.17x3.33x6.12x3.85% 96.04B
8.45x2.73x4.71x2.88% 76.44B
7.83x2.51x3.98x1.83% 54.79B
11.52x3.87x5.53x2.27% 53.83B
9.19x1.33x4.31x2.13% 52.95B
10.46x2.58x4.77x2.65% 50.81B
12.23x3.36x5.05x5.78% 44.05B
6.24x1.75x3.88x4.8% 33.7B
Average 11.54x 2.74x 5.01x 2.9% 61.02B
Weighted average by Cap. 10.61x 2.65x 5.04x 3.09%

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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