COMSTOCK RESOURCES INC (CRK) Stock Fundamental Analysis
USA - NYSE:CRK - US2057683029 - Common Stock
23.86 USD
-0.5 (-2.05%)
23.99 USD
+0.13 (+0.54%)
Overall CRK gets a fundamental rating of 3 out of 10. We evaluated CRK against 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of CRK have multiple concerns. CRK is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year CRK was profitable.
CRK had a positive operating cash flow in the past year.
In multiple years CRK reported negative net income over the last 5 years.
Each year in the past 5 years CRK had a positive operating cash flow.
1.2 Ratios
CRK has a worse Return On Assets (0.83%) than 65.24% of its industry peers.
Looking at the Return On Equity, with a value of 2.40%, CRK is doing worse than 62.86% of the companies in the same industry.
CRK has a worse Return On Invested Capital (3.69%) than 65.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 2.4% | ||
| ROIC | 3.69% |
ROA(3y)6.49%
ROA(5y)2.42%
ROE(3y)15.97%
ROE(5y)4.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 3.14%, CRK is in line with its industry, outperforming 41.43% of the companies in the same industry.
The Operating Margin of CRK (14.81%) is comparable to the rest of the industry.
With a decent Gross Margin value of 56.03%, CRK is doing good in the industry, outperforming 65.71% of the companies in the same industry.
In the last couple of years the Gross Margin of CRK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.81% | ||
| PM (TTM) | 3.14% | ||
| GM | 56.03% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.34%
GM growth 5Y-6.76%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CRK is destroying value.
The number of shares outstanding for CRK has been increased compared to 1 year ago.
The number of shares outstanding for CRK has been increased compared to 5 years ago.
CRK has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that CRK is in the distress zone and has some risk of bankruptcy.
CRK has a Altman-Z score (1.45) which is comparable to the rest of the industry.
CRK has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
CRK's Debt to Equity ratio of 1.32 is on the low side compared to the rest of the industry. CRK is outperformed by 72.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.45 |
ROIC/WACC0.42
WACC8.8%
2.3 Liquidity
CRK has a Current Ratio of 0.41. This is a bad value and indicates that CRK is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.41, CRK is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
CRK has a Quick Ratio of 0.41. This is a bad value and indicates that CRK is not financially healthy enough and could expect problems in meeting its short term obligations.
CRK has a Quick ratio of 0.41. This is amonst the worse of the industry: CRK underperforms 88.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
CRK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 286.67%, which is quite impressive.
The Revenue has grown by 38.67% in the past year. This is a very strong growth!
CRK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.28% yearly.
EPS 1Y (TTM)286.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%152.94%
Revenue 1Y (TTM)38.67%
Revenue growth 3Y-12.18%
Revenue growth 5Y10.28%
Sales Q2Q%47.75%
3.2 Future
Based on estimates for the next years, CRK will show a very strong growth in Earnings Per Share. The EPS will grow by 105.48% on average per year.
The Revenue is expected to grow by 20.82% on average over the next years. This is a very strong growth
EPS Next Y314.37%
EPS Next 2Y157.17%
EPS Next 3Y93.99%
EPS Next 5Y105.48%
Revenue Next Year46.59%
Revenue Next 2Y30.09%
Revenue Next 3Y20.82%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 42.61, CRK can be considered very expensive at the moment.
CRK's Price/Earnings ratio is a bit more expensive when compared to the industry. CRK is more expensive than 63.81% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.47. CRK is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 21.55, CRK is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRK is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CRK to the average of the S&P500 Index (35.42), we can say CRK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.61 | ||
| Fwd PE | 21.55 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CRK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CRK's earnings are expected to grow with 93.99% in the coming years.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y157.17%
EPS Next 3Y93.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.74%, CRK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.90, CRK pays a bit more dividend than its industry peers.
CRK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.74% |
5.2 History
CRK has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y157.17%
EPS Next 3Y93.99%
23.86
-0.5 (-2.05%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners30.91%
Inst Owner Change-4.03%
Ins Owners2.22%
Ins Owner Change0.08%
Market Cap6.99B
Revenue(TTM)1.80B
Net Income(TTM)56.56M
Analysts55.65
Price Target19.21 (-19.49%)
Short Float %28.48%
Short Ratio6.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.74% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.74%
Min EPS beat(2)35.9%
Max EPS beat(2)49.59%
EPS beat(4)4
Avg EPS beat(4)162.75%
Min EPS beat(4)14.38%
Max EPS beat(4)551.11%
EPS beat(8)5
Avg EPS beat(8)82.58%
EPS beat(12)6
Avg EPS beat(12)46.92%
EPS beat(16)8
Avg EPS beat(16)34.18%
Revenue beat(2)2
Avg Revenue beat(2)7.96%
Min Revenue beat(2)4.95%
Max Revenue beat(2)10.97%
Revenue beat(4)3
Avg Revenue beat(4)8.38%
Min Revenue beat(4)-2.58%
Max Revenue beat(4)20.2%
Revenue beat(8)4
Avg Revenue beat(8)0.98%
Revenue beat(12)7
Avg Revenue beat(12)4.18%
Revenue beat(16)11
Avg Revenue beat(16)20.46%
PT rev (1m)-0.7%
PT rev (3m)-13.61%
EPS NQ rev (1m)-29.79%
EPS NQ rev (3m)-49.09%
EPS NY rev (1m)-12.43%
EPS NY rev (3m)-29.7%
Revenue NQ rev (1m)-4.49%
Revenue NQ rev (3m)-7.5%
Revenue NY rev (1m)-2.22%
Revenue NY rev (3m)1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.61 | ||
| Fwd PE | 21.55 | ||
| P/S | 3.89 | ||
| P/FCF | N/A | ||
| P/OCF | 7.42 | ||
| P/B | 2.96 | ||
| P/tB | 3.45 | ||
| EV/EBITDA | 10.76 |
EPS(TTM)0.56
EY2.35%
EPS(NY)1.11
Fwd EY4.64%
FCF(TTM)-1.1
FCFYN/A
OCF(TTM)3.22
OCFY13.48%
SpS6.14
BVpS8.05
TBVpS6.91
PEG (NY)0.14
PEG (5Y)N/A
Graham Number10.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 2.4% | ||
| ROCE | 4.3% | ||
| ROIC | 3.69% | ||
| ROICexc | 3.7% | ||
| ROICexgc | 3.92% | ||
| OM | 14.81% | ||
| PM (TTM) | 3.14% | ||
| GM | 56.03% | ||
| FCFM | N/A |
ROA(3y)6.49%
ROA(5y)2.42%
ROE(3y)15.97%
ROE(5y)4.06%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.34%
GM growth 5Y-6.76%
F-Score7
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.28 | ||
| Cap/Depr | 184.28% | ||
| Cap/Sales | 70.23% | ||
| Interest Coverage | 1.27 | ||
| Cash Conversion | 98.98% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 1.45 |
F-Score7
WACC8.8%
ROIC/WACC0.42
Cap/Depr(3y)196.86%
Cap/Depr(5y)171.92%
Cap/Sales(3y)69.34%
Cap/Sales(5y)60.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)286.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%152.94%
EPS Next Y314.37%
EPS Next 2Y157.17%
EPS Next 3Y93.99%
EPS Next 5Y105.48%
Revenue 1Y (TTM)38.67%
Revenue growth 3Y-12.18%
Revenue growth 5Y10.28%
Sales Q2Q%47.75%
Revenue Next Year46.59%
Revenue Next 2Y30.09%
Revenue Next 3Y20.82%
Revenue Next 5YN/A
EBIT growth 1Y328.08%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2207.22%
EBIT Next 3Y219.52%
EBIT Next 5Y142.89%
FCF growth 1Y-203.53%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-26.52%
OCF growth 3Y-10.28%
OCF growth 5Y6.57%
COMSTOCK RESOURCES INC / CRK FAQ
What is the fundamental rating for CRK stock?
ChartMill assigns a fundamental rating of 3 / 10 to CRK.
What is the valuation status for CRK stock?
ChartMill assigns a valuation rating of 3 / 10 to COMSTOCK RESOURCES INC (CRK). This can be considered as Overvalued.
What is the profitability of CRK stock?
COMSTOCK RESOURCES INC (CRK) has a profitability rating of 3 / 10.
How financially healthy is COMSTOCK RESOURCES INC?
The financial health rating of COMSTOCK RESOURCES INC (CRK) is 0 / 10.
What is the earnings growth outlook for COMSTOCK RESOURCES INC?
The Earnings per Share (EPS) of COMSTOCK RESOURCES INC (CRK) is expected to grow by 314.37% in the next year.