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Comet RidgeASX:COI EV-to-OCF is -23.15 as of Sep. 22, 2026. The stock has 1 warning sign investors should review. Among 1,018 Oil & Gas companies, Comet Ridge ranks better than 94.2% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Comet Ridge's Enterprise Value is A$137.14 Mil.
Comet Ridge's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-5.92 Mil. Therefore, Comet Ridge's EV-to-OCF for today is -23.15.
The historical rank and industry rank for Comet Ridge's EV-to-OCF or its related term are showing as below:
ASX:COI'
s EV-to-OCF Range Over the Past 10 Years
Min: -43.26 Med: 0 Max: -43.26
Current: -43.26
During the past 13 years, the highest EV-to-OCF of Comet Ridge was -43.26. The lowest was -43.26. And the median was .
ASX:COI's EV-to-OCF is ranked better than 94.2% of 1018
companies
in the Oil & Gas industry
Industry Median: 5.73
vs ASX:COI: -43.26
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Comet Ridge's PE Ratio (TTM) for today is calculated as:
Comet Ridge's share price for today is A$0.083.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.003.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Comet Ridge EV-to-OCF Related Terms
Comet Ridge EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Comet Ridge's EV-to-OCF 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.
For the Oil & Gas E&P subindustry, Comet Ridge's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Comet Ridge's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Comet Ridge's EV-to-OCF falls into.
Comet Ridge's current Enterprise Value is A$137.14 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-5.92 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 (ASX:COI) has a EV-to-OCF of -23.15 as of Sep. 22, 2026. According to the industry distribution chart, Comet Ridge ranks #59 out of 1018 companies in the Oil & Gas industry, placing it in the top 5.8%.
Is Comet Ridge's EV-to-OCF too high?
Comet Ridge's current EV-to-OCF is -23.15. Based on the distribution chart, Comet Ridge ranks #59 out of 1018 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Comet Ridge's EV-to-OCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Comet Ridge ranks #59 out of 1018 companies for EV-to-OCF. This places Comet Ridge in the top 6% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.73, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Ridge's current EV-to-OCF is -23.15. 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 (ASX:COI) has a current EV-to-OCF of -23.15. The current EV-to-OCF is -23.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Comet Ridge (ASX:COI), the current EV-to-OCF is -23.15 as of Sep. 22, 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 Ltd is an Australian oil and gas exploration and development company focused on supplying natural gas to the east coast Australian market. Its flagship asset is the Mahalo Gas Hub in Queensland's Bowen Basin, which holds substantial gas reserves and contingent resources and lies close to Gladstone LNG export facilities, domestic gas markets, and pipeline infrastructure. The company also holds exploration permits in the Galilee Basin in Queensland and the Gunnedah Basin in New South Wales. Comet Ridge's revenue model centres on appraising and developing its gas tenements, then selling produced gas into domestic and export markets, often through joint ventures and farm-in arrangements with larger partners that fund exploration and development in exchange for equity in the permits.
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