COMSTOCK RESOURCES INC (CRK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRK - US2057683029 - Common Stock
27.37 USD
+0.54 (+2.01%)
27.066 USD
-0.3 (-1.11%)
Overall CRK gets a fundamental rating of 3 out of 10. We evaluated CRK against 209 industry peers in the Oil, Gas & Consumable Fuels industry. CRK may be in some trouble as it scores bad on both profitability and health. CRK shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
CRK had positive earnings in the past year.
CRK had a positive operating cash flow in the past year.
In multiple years CRK reported negative net income over the last 5 years.
CRK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.83%, CRK is not doing good in the industry: 65.07% of the companies in the same industry are doing better.
With a Return On Equity value of 2.40%, CRK is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.69%, CRK is doing worse than 66.03% 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 41.63% of its industry peers.
With a Operating Margin value of 14.81%, CRK perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
CRK has a better Gross Margin (56.03%) than 65.55% of its industry peers.
CRK's Gross Margin has declined in the last couple of years.
| 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.
Compared to 5 years ago, CRK has more shares outstanding
CRK has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.55, we must say that CRK is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.55, CRK perfoms like the industry average, outperforming 56.94% of the companies in the same industry.
A Debt/Equity ratio of 1.32 is on the high side and indicates that CRK has dependencies on debt financing.
With a Debt to Equity ratio value of 1.32, CRK is not doing good in the industry: 74.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.55 |
ROIC/WACC0.42
WACC8.77%
2.3 Liquidity
A Current Ratio of 0.41 indicates that CRK may have some problems paying its short term obligations.
CRK has a Current ratio of 0.41. This is amonst the worse of the industry: CRK underperforms 89.95% of its industry peers.
A Quick Ratio of 0.41 indicates that CRK may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.41, CRK is doing worse than 88.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 286.67% over the past year.
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
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.
Based on estimates for the next years, CRK will show a very strong growth in Revenue. The Revenue will grow by 20.82% on average per year.
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
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
A Price/Earnings ratio of 48.88 indicates a quite expensive valuation of CRK.
65.55% of the companies in the same industry are cheaper than CRK, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CRK to the average of the S&P500 Index (26.46), we can say CRK is valued expensively.
CRK is valuated rather expensively with a Price/Forward Earnings ratio of 24.72.
The rest of the industry has a similar Price/Forward Earnings ratio as CRK.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, CRK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.88 | ||
| Fwd PE | 24.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRK is valued a bit more expensive than 60.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.52 |
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)0.16
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 5.91, 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 2.32.
| 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%
27.37
+0.54 (+2.01%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners30.91%
Inst Owner Change-4.86%
Ins Owners2.22%
Ins Owner Change0.07%
Market Cap8.02B
Revenue(TTM)1.80B
Net Income(TTM)56.56M
Analysts55.65
Price Target20.11 (-26.53%)
Short Float %30.18%
Short Ratio7.19
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)3.97%
PT rev (3m)-4.28%
EPS NQ rev (1m)-20.65%
EPS NQ rev (3m)-49.25%
EPS NY rev (1m)-4.88%
EPS NY rev (3m)-20.31%
Revenue NQ rev (1m)8.16%
Revenue NQ rev (3m)0.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.88 | ||
| Fwd PE | 24.72 | ||
| P/S | 4.46 | ||
| P/FCF | N/A | ||
| P/OCF | 8.51 | ||
| P/B | 3.4 | ||
| P/tB | 3.96 | ||
| EV/EBITDA | 11.52 |
EPS(TTM)0.56
EY2.05%
EPS(NY)1.11
Fwd EY4.05%
FCF(TTM)-1.1
FCFYN/A
OCF(TTM)3.22
OCFY11.75%
SpS6.14
BVpS8.05
TBVpS6.91
PEG (NY)0.16
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 | 1.55 |
F-Score7
WACC8.77%
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 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 314.37% in the next year.