COMRF (Comet Ridge) EV-to-EBIT: -71.71 (As of Jul. 18, 2026)

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COMRF Comet Ridge Ltd COMRF
34 GF Score
Price $0.18
! 1 Warning Sign
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What is Comet Ridge EV-to-EBIT?

Comet Ridge COMRF 34 EV-to-EBIT is -71.71 as of Jul. 18, 2026. GuruFocus rates COMRF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 692 Oil & Gas companies, Comet Ridge ranks worse than 144508.53% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Comet Ridge's Enterprise Value is $92.36 Mil. Comet Ridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.29 Mil. Therefore, Comet Ridge's EV-to-EBIT for today is -71.71.

The historical rank and industry rank for Comet Ridge's EV-to-EBIT or its related term are showing as below:

COMRF' s EV-to-EBIT Range Over the Past 10 Years
Min: -66.84   Med: 0   Max: 0
Current: -66.84

COMRF's EV-to-EBIT is ranked worse than
100% of 692 companies
in the Oil & Gas industry
Industry Median: 11.745 vs COMRF: -66.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Comet Ridge's Enterprise Value for the quarter that ended in Dec. 2025 was $209.02 Mil. Comet Ridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.29 Mil. Comet Ridge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.62%.


Comet Ridge  (OTCPK:COMRF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Comet Ridge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-1.288/209.017825
=-0.62 %

Comet Ridge's Enterprise Value for the quarter that ended in Dec. 2025 was $209.02 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comet Ridge EV-to-EBIT Related Terms


Comet Ridge EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Comet Ridge's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comet Ridge EV-to-EBIT Chart

Comet Ridge Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.58 -21.03 -44.46 -46.96 -538.97

Comet Ridge Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -46.96 0.00 -538.97 0.00

COMRF vs COP, EOG, FANG: EV-to-EBIT Comparison

For the Oil & Gas E&P subindustry, Comet Ridge's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comet Ridge EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comet Ridge's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Comet Ridge's EV-to-EBIT falls into.


COMRF
34GF Score
Comet Ridge Ltd COMRF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Ridge EV-to-EBIT Calculation

Comet Ridge's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=92.364/-1.288
=-71.71

Comet Ridge's current Enterprise Value is $92.36 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -71.71 mean?
Comet Ridge (COMRF) has a EV-to-EBIT of -71.71 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Comet Ridge and its competitors. According to the industry distribution chart, Comet Ridge ranks #999999 out of 692 companies in the Oil & Gas industry.
Is Comet Ridge's EV-to-EBIT too high?
Comet Ridge's current EV-to-EBIT is -71.71. Based on the distribution chart, Comet Ridge ranks #999999 out of 692 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Comet Ridge has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Comet Ridge's EV-to-EBIT compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Comet Ridge ranks #999999 out of 692 companies for EV-to-EBIT. This places Comet Ridge in the lower half of its industry. The industry median EV-to-EBIT is 11.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.75, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Comet Ridge and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Ridge's current EV-to-EBIT is -71.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Ridge stock overvalued right now?
Comet Ridge (COMRF) has a current EV-to-EBIT of -71.71. The current EV-to-EBIT is -71.71. Comet Ridge's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Comet Ridge (COMRF), the current EV-to-EBIT is -71.71 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Comet Ridge Business Description

Industry EnergyOil & Gas
Other Exchanges COI:Australia
Address 410 Queen Street, Level 12, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an Australian energy company focused on the development of natural gas for the supply-constrained east coast Australian market. It has tenement interests and a suite of prospective projects in Queensland. The company's flagship Mahalo Gas Hub area (Mahalo Gas Project) consists of high-quality natural gas resources with low CO2 and competitive production costs. The Mahalo Gas Hub contains gross 2P (Reserves) and 2C (Contingent Resources) of 676 Petajoules close to the Gladstone LNG export and domestic market precinct, as well as gas transport infrastructure. Additionally, the company also holds various permits in the eastern part of the Galilee Basin, and an exploration licence (PEL 427), in the northern Gunnedah Basin, New South Wales.
34GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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