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Comet RidgeCOMRF 34 Net Cash per Share is $-0.02 as of Dec. 2025. GuruFocus rates COMRF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 132 Oil & Gas companies, Comet Ridge ranks worse than 757575% on this metric.
The historical rank and industry rank for Comet Ridge's Net Cash per Share or its related term are showing as below:
COMRF's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 8.09 * Ranked among companies with meaningful Price-to-Net-Cash only.
Comet Ridge (OTCPK:COMRF) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Comet Ridge Net Cash per Share Related Terms
Comet Ridge Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Comet Ridge's Net Cash per Share 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.
COMRF vs COP, EOG, FANG: Net Cash per Share Comparison
For the Oil & Gas E&P subindustry, Comet Ridge's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Comet Ridge's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Comet Ridge's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Comet Ridge's Net Cash per Share for the fiscal year that ended in Jun. 2025 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.
Comet Ridge (COMRF) has a Net Cash per Share of $-0.02 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Comet Ridge and its competitors. According to the industry distribution chart, Comet Ridge ranks #999999 out of 132 companies in the Oil & Gas industry.
Is Comet Ridge's Net Cash per Share too high?
Comet Ridge's current Net Cash per Share is $-0.02. Based on the distribution chart, Comet Ridge ranks #999999 out of 132 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 Net Cash per Share compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Comet Ridge ranks #999999 out of 132 companies for Net Cash per Share. This places Comet Ridge in the lower half of its industry. The industry median Net Cash per Share is 8.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 8.09, based on 132 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Comet Ridge and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 8.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Ridge's current Net Cash per Share is $-0.02. 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 Net Cash per Share of $-0.02. The current Net Cash per Share is $-0.02. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Comet Ridge (COMRF), the current Net Cash per Share is $-0.02 as of Dec. 2025. 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 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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