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 4,225 - -
Change - 101.91% -35.23% 116.1% 27.57% -37.8% - -
Enterprise Value (EV) 1 4,469 5,903 5,088 8,270 9,578 7,602 7,835 7,785
Change - 32.08% -13.8% 62.55% 15.81% -20.63% 3.06% -0.63%
P/E -7.22x 3.34x 11.6x -24x 16.2x 22x 12.8x 14.8x
PBR - - - 2.33x 2.57x 1.58x 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 2.19x 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 6.74x 5.09x 4.74x
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 38.7x
FCF Yield 5.16% 11.3% -10% -3.07% -2.29% -9.8% -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 14.39 14.39 14.39
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.($)
22.05x3.93x6.74x-.--% 4.23B
11.78x2.28x5.35x2.7% 151B
12.42x3.32x6.22x3.74% 98.15B
8.54x2.62x4.6x2.88% 75.22B
7.53x2.5x4.01x1.77% 59.04B
10.91x3.59x5.26x2.16% 56.48B
9.46x1.37x4.43x2.07% 55.02B
8.43x2.49x4.77x2.47% 52.21B
12.86x3.42x5.17x5.63% 44.31B
6.31x1.63x4.02x4.74% 35.06B
Average 11.03x 2.72x 5.06x 2.82% 63.1B
Weighted average by Cap. 10.38x 2.61x 5.06x 2.97%

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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