Comet Industries (TSXV:CMU) Enterprise Value: C$24.03 Mil (As of Jul. 14, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:CMU Comet Industries Ltd TSXV:CMU
25 GF Score
Price C$6.00
GF Value C$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Comet Industries Enterprise Value?

Comet Industries TSXV:CMU 25 Enterprise Value is C$24.03 Mil as of Jul. 14, 2026. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Comet Industries's Enterprise Value is C$24.03 Mil. Comet Industries's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was C$-0.73 Mil. Therefore, Comet Industries's EV-to-EBIT ratio for today is -32.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Comet Industries's Enterprise Value is C$24.03 Mil. Comet Industries's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was C$-0.71 Mil. Therefore, Comet Industries's EV-to-EBITDA ratio for today is -33.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Comet Industries's Enterprise Value is C$24.03 Mil. Comet Industries's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was C$0.00 Mil. Therefore, Comet Industries's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Comet Industries's Enterprise Value is C$24.03 Mil. Comet Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was C$7.91 Mil. Therefore, Comet Industries's EV-to-OCF ratio for today is 3.04.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Comet Industries's Enterprise Value is C$24.03 Mil. Comet Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was C$7.91 Mil. Therefore, Comet Industries's EV-to-FCF ratio for today is 3.04.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Comet Industries  (TSXV:CMU) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Comet Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24.026/-0.73
=-32.91

Comet Industries's current Enterprise Value is C$24.03 Mil.
Comet Industries's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.73 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Comet Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=24.026/-0.714
=-33.65

Comet Industries's current Enterprise Value is C$24.03 Mil.
Comet Industries's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.71 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Comet Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=24.026/0
=

Comet Industries's current Enterprise Value is C$24.03 Mil.
Comet Industries's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Comet Industries's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=24.026/7.912
=3.04

Comet Industries's current Enterprise Value is C$24.03 Mil.
Comet Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$7.91 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Comet Industries's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=24.026/7.912
=3.04

Comet Industries's current Enterprise Value is C$24.03 Mil.
Comet Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$7.91 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 Industries Enterprise Value Related Terms


Comet Industries Enterprise Value Historical Data

* Premium members only.

The historical data trend for Comet Industries's Enterprise Value 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 Industries Enterprise Value Chart

Comet Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 19.82 10.60 15.67 18.63

Comet Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Enterprise Value 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 15.64 17.51 20.58 18.63 22.83

TSXV:CMU vs CBRE, BEKE, JLL: Enterprise Value Comparison

For the Real Estate Services subindustry, Comet Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Industries Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Comet Industries's Enterprise Value falls into.


TSXV:CMU
25GF Score
Comet Industries Ltd TSXV:CMU
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comet Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Comet Industries's Enterprise Value for the fiscal year that ended in Jan. 2026 is calculated as

Comet Industries's Enterprise Value for the quarter that ended in Apr. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of C$24.03 Mil mean?
Comet Industries (TSXV:CMU) has a Enterprise Value of C$24.03 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Comet Industries and its competitors.
Is Comet Industries' Enterprise Value too high?
Comet Industries' current Enterprise Value is C$24.03 Mil. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Enterprise Value compare to CBRE and BEKE?
Comet Industries' Enterprise Value of C$24.03 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Real Estate company?
A good Enterprise Value depends on the Real Estate industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Comet Industries and its competitors. Comet Industries's current Enterprise Value is C$24.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$6.00 — trading 3057.9% above its estimated fair value. The current Enterprise Value is C$24.03 Mil. Comet Industries' overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Comet Industries (TSXV:CMU), the current Enterprise Value is C$24.03 Mil as of Jul. 14, 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.

Is Comet Industries (TSXV:CMU) Overvalued in 2026?

Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued. The current stock price of C$6.00 is trading 3057.9% above its estimated GF Value™ of C$0.19. GuruFocus considers Comet Industries to be Significantly Overvalued.

Key valuation signals for TSXV:CMU:

  • Enterprise Value: C$24.03 Mil
  • GF Value™: C$0.19 vs. price of C$6.00 (3057.9% above fair value)
  • GF Score™: 25/100 with 3 warning signs

No single metric tells the full story. See the TSXV:CMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comet Industries Business Description

Address 1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
25GF Score

Get the complete analysis for TSXV:CMU

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

C$6.00
Price
C$0.19
GF Value