COMSTOCK RESOURCES INC (CRK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRK - US2057683029 - Common Stock
23.58 USD
+0.4 (+1.73%)
23.6 USD
+0.02 (+0.08%)
We assign a fundamental rating of 3 out of 10 to CRK. CRK was compared to 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.
In the past 5 years CRK always reported a positive cash flow from operatings.
1.2 Ratios
CRK has a Return On Assets of 0.83%. This is in the lower half of the industry: CRK underperforms 64.11% of its industry peers.
Looking at the Return On Equity, with a value of 2.40%, CRK is doing worse than 62.20% 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 64.59% 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
The Profit Margin of CRK (3.14%) is comparable to the rest of the industry.
With a Operating Margin value of 14.81%, CRK perfoms like the industry average, outperforming 48.33% of the companies in the same industry.
With a decent Gross Margin value of 56.03%, CRK is doing good in the industry, outperforming 65.55% 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
CRK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CRK has been increased compared to 1 year ago.
CRK has more shares outstanding than it did 5 years ago.
CRK has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that CRK is in the distress zone and has some risk of bankruptcy.
CRK's Altman-Z score of 1.41 is in line compared to the rest of the industry. CRK outperforms 55.50% of 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 Debt to Equity ratio of 1.32. This is in the lower half of the industry: CRK underperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.41 |
ROIC/WACC0.42
WACC8.71%
2.3 Liquidity
A Current Ratio of 0.41 indicates that CRK may have some problems paying its short term obligations.
With a Current ratio value of 0.41, CRK is not doing good in the industry: 87.56% of the companies in the same industry are doing better.
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 85.65% 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%.
Measured over the past years, CRK shows a quite strong growth in Revenue. The Revenue has been growing by 10.28% on average per year.
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
CRK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 105.48% yearly.
The Revenue is expected to grow by 23.48% on average over the next years. This is a very strong growth
EPS Next Y324.82%
EPS Next 2Y150.25%
EPS Next 3Y92.91%
EPS Next 5Y105.48%
Revenue Next Year50.7%
Revenue Next 2Y34.11%
Revenue Next 3Y23.48%
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
Based on the Price/Earnings ratio of 42.11, the valuation of CRK can be described as expensive.
64.11% of the companies in the same industry are cheaper than CRK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.60. CRK is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 23.05, the valuation of CRK can be described as rather expensive.
CRK's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, CRK is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.11 | ||
| Fwd PE | 23.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CRK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.4 |
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 92.91% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y150.25%
EPS Next 3Y92.91%
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 3.93.
Compared to an average S&P500 Dividend Yield of 2.00, CRK pays a better dividend.
| 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 2Y150.25%
EPS Next 3Y92.91%
23.58
+0.4 (+1.73%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners29.36%
Inst Owner Change-4.91%
Ins Owners2.22%
Ins Owner Change0%
Market Cap6.91B
Revenue(TTM)1.80B
Net Income(TTM)56.56M
Analysts56.67
Price Target22.19 (-5.89%)
Short Float %32.41%
Short Ratio8.1
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)10.3%
PT rev (3m)11.16%
EPS NQ rev (1m)8.76%
EPS NQ rev (3m)-34.84%
EPS NY rev (1m)4.87%
EPS NY rev (3m)-8.16%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-0.76%
Revenue NY rev (1m)2.8%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.11 | ||
| Fwd PE | 23.05 | ||
| P/S | 3.84 | ||
| P/FCF | N/A | ||
| P/OCF | 7.33 | ||
| P/B | 2.93 | ||
| P/tB | 3.41 | ||
| EV/EBITDA | 10.4 |
EPS(TTM)0.56
EY2.37%
EPS(NY)1.02
Fwd EY4.34%
FCF(TTM)-1.1
FCFYN/A
OCF(TTM)3.22
OCFY13.64%
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 | 1.41 |
F-Score7
WACC8.71%
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 Y324.82%
EPS Next 2Y150.25%
EPS Next 3Y92.91%
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 2Y34.11%
Revenue Next 3Y23.48%
Revenue Next 5YN/A
EBIT growth 1Y328.08%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2141.95%
EBIT Next 3Y216.63%
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.
Can you provide the valuation status for COMSTOCK RESOURCES INC?
ChartMill assigns a valuation rating of 3 / 10 to COMSTOCK RESOURCES INC (CRK). This can be considered as Overvalued.
Can you provide the profitability details for COMSTOCK RESOURCES INC?
COMSTOCK RESOURCES INC (CRK) has a profitability rating of 3 / 10.
What are the PE and PB ratios of COMSTOCK RESOURCES INC (CRK) stock?
The Price/Earnings (PE) ratio for COMSTOCK RESOURCES INC (CRK) is 42.11 and the Price/Book (PB) ratio is 2.93.
Can you provide the dividend sustainability for CRK stock?
The dividend rating of COMSTOCK RESOURCES INC (CRK) is 4 / 10 and the dividend payout ratio is 0%.