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 3,937 - -
Change - 101.91% -35.23% 116.1% 27.57% -42.04% - -
Enterprise Value (EV) 1 4,469 5,903 5,088 8,270 9,578 7,314 7,547 7,498
Change - 32.08% -13.8% 62.55% 15.81% -23.64% 3.18% -0.65%
P/E -7.22x 3.34x 11.6x -24x 16.2x 23.7x 11.9x 13.8x
PBR - - - 2.33x 2.57x 1.47x 1.36x 1.23x
PEG - -0x -0.1x 0x -0x -0.4x 0.1x -1x
Capitalization / Revenue 1.02x 1.05x 1.57x 4.25x 3.06x 2.04x 1.77x 1.64x
EV / Revenue 2.41x 1.63x 3.25x 6.6x 4.31x 3.78x 3.39x 3.12x
EV / EBITDA 3.99x 3.07x 5.48x 9.73x 8.88x 6.48x 4.9x 4.56x
EV / EBIT 6.87x 4.14x 15.9x 151x 21.9x 16.2x 11.3x 10.8x
EV / FCF 19.4x 8.86x -9.99x -32.6x -43.6x -9.82x -24.6x 35.1x
FCF Yield 5.16% 11.3% -10% -3.07% -2.29% -10.2% -4.07% 2.85%
Dividend per Share 2 - 0.125 0.5 - - - - 0.03
Rate of return - 0.91% 5.65% - - - - 0.22%
EPS 2 -1.12 4.11 0.76 -0.76 1.43 0.566 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 -229.7 395.6 165.5 264.5 283.5
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 13.41 13.41 13.41
Nbr of stocks (in thousands) 232,925 277,508 278,429 292,261 293,055 293,621 - -
Announcement Date 2/15/22 A 2/14/23 A 2/13/24 A 2/18/25 A 2/11/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.69x3.78x6.48x-.--% 3.94B
11.42x2.16x4.97x2.89% 141B
11.88x3.17x6.16x3.91% 93.85B
8.12x2.48x4.32x3.07% 70.68B
7.39x2.36x3.82x1.87% 55.89B
10.67x3.49x4.99x2.31% 52.66B
8.96x1.3x4.21x2.18% 52.11B
8.38x2.41x4.62x2.61% 49.42B
12.03x3.29x4.95x5.95% 42.8B
6.57x1.71x4.11x4.55% 36.05B
Average 10.91x 2.61x 4.86x 2.94% 59.87B
Weighted average by Cap. 10.03x 2.50x 4.84x 3.14%

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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