CRK Valuation

Comstock Resources Inc

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15.810

-0.56(-3.421%)1D

Overview
Forecast
Valuation
Earnings

CRK Relative Valuation

CRK's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CRK is overvalued; if below, it's undervalued.

Historical Valuation

Comstock Resources Inc (CRK) is now in the Fair zone, suggesting that its current forward PS ratio of 2.38 is considered Fairly compared with the five-year average of 15.72. The fair price of Comstock Resources Inc (CRK) is between 13.12 to 21.59 according to relative valuation methord.

Relative Value

Fair Zone

13.12-21.59

Current Price：15.81

Fair

17.47

Trailing

Forward

6.25

EV/EBITDA

Comstock Resources Inc. (CRK) has a current EV/EBITDA of 6.25. The 5-year average EV/EBITDA is 4.78. The thresholds are as follows: Strongly Undervalued below 1.68, Undervalued between 1.68 and 3.23, Fairly Valued between 6.34 and 3.23, Overvalued between 6.34 and 7.89, and Strongly Overvalued above 7.89. The current Forward EV/EBITDA of 6.25 falls within the Historic Trend Line -Fairly Valued range.

13.06

EV/EBIT

Comstock Resources Inc. (CRK) has a current EV/EBIT of 13.06. The 5-year average EV/EBIT is -3.22. The thresholds are as follows: Strongly Undervalued below -133.22, Undervalued between -133.22 and -68.22, Fairly Valued between 61.78 and -68.22, Overvalued between 61.78 and 126.78, and Strongly Overvalued above 126.78. The current Forward EV/EBIT of 13.06 falls within the Historic Trend Line -Fairly Valued range.

2.38

Comstock Resources Inc. (CRK) has a current PS of 2.38. The 5-year average PS is 1.71. The thresholds are as follows: Strongly Undervalued below 0.11, Undervalued between 0.11 and 0.91, Fairly Valued between 2.50 and 0.91, Overvalued between 2.50 and 3.30, and Strongly Overvalued above 3.30. The current Forward PS of 2.38 falls within the Historic Trend Line -Fairly Valued range.

4.47

P/OCF

Comstock Resources Inc. (CRK) has a current P/OCF of 4.47. The 5-year average P/OCF is 3.03. The thresholds are as follows: Strongly Undervalued below 0.01, Undervalued between 0.01 and 1.52, Fairly Valued between 4.53 and 1.52, Overvalued between 4.53 and 6.04, and Strongly Overvalued above 6.04. The current Forward P/OCF of 4.47 falls within the Historic Trend Line -Fairly Valued range.

-40.28

P/FCF

Comstock Resources Inc. (CRK) has a current P/FCF of -40.28. The 5-year average P/FCF is 18.16. The thresholds are as follows: Strongly Undervalued below -522.29, Undervalued between -522.29 and -252.06, Fairly Valued between 288.38 and -252.06, Overvalued between 288.38 and 558.60, and Strongly Overvalued above 558.60. The current Forward P/FCF of -40.28 falls within the Historic Trend Line -Fairly Valued range.

Comstock Resources Inc (CRK) has a current Price-to-Book (P/B) ratio of 2.07. Compared to its 3-year average P/B ratio of 1.77 , the current P/B ratio is approximately 16.60% higher. Relative to its 5-year average P/B ratio of 1.90, the current P/B ratio is about 8.80% higher. Comstock Resources Inc (CRK) has a Forward Free Cash Flow (FCF) yield of approximately -5.50%. Compared to its 3-year average FCF yield of -3.56%, the current FCF yield is approximately 54.75% lower. Relative to its 5-year average FCF yield of 0.23% , the current FCF yield is about -2475.98% lower.

2.07

P/B

Median3y

1.77

Median5y

1.90

-5.50

FCF Yield

Median3y

-3.56

Median5y

0.23

Competitors Valuation Multiple

The average P/S ratio for CRK's competitors is 5.41, providing a benchmark for relative valuation. Comstock Resources Inc Corp (CRK) exhibits a P/S ratio of 2.38, which is -56.09% above the industry average. Given its robust revenue growth of 90.52%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

CRK.N

Comstock Resources Inc

Magnolia Oil & Gas Corp

Performance Decomposition

Market capitalization of CRK increased by 47.08% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -29.81 to -63.26.

The secondary factor is the Revenue Growth, contributed 90.52%to the performance.

Overall, the performance of CRK in the past 1 year is driven by P/E Change. Which is more unsustainable.

90.52%

246.83M → 470.26M

Revenue Growth

-155.68%

-49.93 → 27.80

Margin Expansion

112.24%

-29.81 → -63.26

P/E Change

47.08%