COMSTOCK RESOURCES INC (CRK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRK - US2057683029 - Common Stock
21.28 USD
-0.41 (-1.89%)
20.8 USD
-0.48 (-2.26%)
Taking everything into account, CRK scores 3 out of 10 in our fundamental rating. CRK was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of CRK have multiple concerns. CRK shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year CRK was profitable.
In the past year CRK had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CRK reported negative net income in multiple years.
Each year in the past 5 years CRK had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.83%, CRK is doing worse than 64.90% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.40%, CRK is doing worse than 62.98% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.69%, CRK is doing worse than 66.35% of the companies in the same industry.
| 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
CRK's Profit Margin of 3.14% is in line compared to the rest of the industry. CRK outperforms 41.83% of its industry peers.
CRK has a Operating Margin (14.81%) which is comparable to the rest of the industry.
CRK has a Gross Margin of 56.03%. This is in the better half of the industry: CRK outperforms 64.42% of its industry peers.
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
CRK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CRK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CRK has been increased compared to 5 years ago.
The debt/assets ratio for CRK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.35, we must say that CRK is in the distress zone and has some risk of bankruptcy.
CRK has a Altman-Z score (1.35) which is in line with its industry peers.
A Debt/Equity ratio of 1.32 is on the high side and indicates that CRK has dependencies on debt financing.
CRK has a worse Debt to Equity ratio (1.32) than 74.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.35 |
ROIC/WACC0.42
WACC8.78%
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.
CRK's Current ratio of 0.41 is on the low side compared to the rest of the industry. CRK is outperformed by 89.90% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.41, CRK is doing worse than 87.98% of the companies in the same industry.
| 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.
Looking at the last year, CRK shows a very strong growth in Revenue. The Revenue has grown by 38.67%.
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
The Earnings Per Share is expected to grow by 105.48% on average over the next years. This is a very strong growth
Based on estimates for the next years, CRK will show a very strong growth in Revenue. The Revenue will grow by 23.25% on average per year.
EPS Next Y303.31%
EPS Next 2Y141.88%
EPS Next 3Y89.63%
EPS Next 5Y105.48%
Revenue Next Year50.7%
Revenue Next 2Y33.35%
Revenue Next 3Y23.25%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 38.00, which means the current valuation is very expensive for CRK.
Compared to the rest of the industry, the Price/Earnings ratio of CRK indicates a slightly more expensive valuation: CRK is more expensive than 64.90% of the companies listed in the same industry.
CRK is valuated rather expensively when we compare the Price/Earnings ratio to 26.43, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 23.03, the valuation of CRK can be described as rather expensive.
CRK's Price/Forward Earnings ratio is in line with the industry average.
CRK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38 | ||
| Fwd PE | 23.03 |
4.2 Price Multiples
CRK's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.94 |
4.3 Compensation for Growth
CRK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CRK's earnings are expected to grow with 89.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y141.88%
EPS Next 3Y89.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.74%, CRK is a good candidate for dividend investing.
CRK's Dividend Yield is a higher than the industry average which is at 3.83.
CRK's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| 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 2Y141.88%
EPS Next 3Y89.63%
21.28
-0.41 (-1.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners29.36%
Inst Owner Change-4.86%
Ins Owners2.22%
Ins Owner Change0%
Market Cap6.24B
Revenue(TTM)1.80B
Net Income(TTM)56.56M
Analysts56.67
Price Target20.75 (-2.49%)
Short Float %32.04%
Short Ratio7.93
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)8.02%
PT rev (3m)3.97%
EPS NQ rev (1m)-1.62%
EPS NQ rev (3m)-35.31%
EPS NY rev (1m)-5.16%
EPS NY rev (3m)-24.43%
Revenue NQ rev (1m)5.74%
Revenue NQ rev (3m)-0.6%
Revenue NY rev (1m)2.8%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38 | ||
| Fwd PE | 23.03 | ||
| P/S | 3.47 | ||
| P/FCF | N/A | ||
| P/OCF | 6.62 | ||
| P/B | 2.64 | ||
| P/tB | 3.08 | ||
| EV/EBITDA | 9.94 |
EPS(TTM)0.56
EY2.63%
EPS(NY)0.92
Fwd EY4.34%
FCF(TTM)-1.1
FCFYN/A
OCF(TTM)3.22
OCFY15.11%
SpS6.14
BVpS8.05
TBVpS6.91
PEG (NY)0.13
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 | 1.35 |
F-Score7
WACC8.78%
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 Y303.31%
EPS Next 2Y141.88%
EPS Next 3Y89.63%
EPS Next 5Y105.48%
Revenue 1Y (TTM)38.67%
Revenue growth 3Y-12.18%
Revenue growth 5Y10.28%
Sales Q2Q%47.75%
Revenue Next Year50.7%
Revenue Next 2Y33.35%
Revenue Next 3Y23.25%
Revenue Next 5YN/A
EBIT growth 1Y328.08%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2141.95%
EBIT Next 3Y216.57%
EBIT Next 5Y143.08%
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 303.31% in the next year.