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Comet Ridge (ASX:COI) EV-to-FCF : -16.96 (As of Dec. 16, 2024)


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What is Comet Ridge EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Comet Ridge's Enterprise Value is A$151.69 Mil. Comet Ridge's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was A$-8.94 Mil. Therefore, Comet Ridge's EV-to-FCF for today is -16.96.

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

ASX:COI' s EV-to-FCF Range Over the Past 10 Years
Min: -29.02   Med: -9.97   Max: -1.39
Current: -16.96

During the past 13 years, the highest EV-to-FCF of Comet Ridge was -1.39. The lowest was -29.02. And the median was -9.97.

ASX:COI's EV-to-FCF is ranked worse than
100% of 622 companies
in the Oil & Gas industry
Industry Median: 11.85 vs ASX:COI: -16.96

EV-to-FCF 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.

As of today (2024-12-16), Comet Ridge's stock price is A$0.145. Comet Ridge's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.007. Therefore, Comet Ridge's PE Ratio (TTM) for today is At Loss.


Comet Ridge EV-to-FCF Historical Data

The historical data trend for Comet Ridge's EV-to-FCF 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.

* Premium members only.

Comet Ridge EV-to-FCF Chart

Comet Ridge Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.50 -10.48 -13.54 -15.69 -23.73

Comet Ridge Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EV-to-FCF 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 -13.54 - -15.69 - -23.73

Competitive Comparison of Comet Ridge's EV-to-FCF

For the Oil & Gas E&P subindustry, Comet Ridge's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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's EV-to-FCF Distribution in the Oil & Gas Industry

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

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



Comet Ridge EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=151.694/-8.943
=-16.96

Comet Ridge's current Enterprise Value is A$151.69 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was A$-8.94 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) EV-to-FCF Explanation

EV-to-FCF 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.145/-0.007
=At Loss

Comet Ridge's share price for today is A$0.145.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Comet Ridge's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.007.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Comet Ridge EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Comet Ridge's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Comet Ridge Business Description

Traded in Other Exchanges
N/A
Address
410 Queen Street, Level 3, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an exploration company. It is engaged in the exploration and evaluation of its tenements for oil and gas reserves. The projects of the company include Mahalo North and Mahalo Gas Project, Gunnedah, and Galilee Basin project. The projects are located in the states of Queensland and New South Wales, Australia.

Comet Ridge Headlines

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