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ComstockLODE +4.05%47 Net Cash per Share is $-0.33 as of Jun. 2026. GuruFocus rates LODE with a GF Score™ of 47/100 and a GF Value™ of $0.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,055 Metals & Mining companies, Comstock ranks worse than 94786.64% on this metric.
The historical rank and industry rank for Comstock's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Comstock was 29.36. The lowest was 29.36. And the median was 29.36.
LODE's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7 * Ranked among companies with meaningful Price-to-Net-Cash only.
Comstock (AMEX:LODE) 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.
Comstock Net Cash per Share Related Terms
Comstock Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Comstock'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.
LODE vs GORO, THMG, ACRG: Net Cash per Share Comparison
For the Other Precious Metals & Mining subindustry, Comstock'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.
Comstock Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Comstock's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Comstock'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.
Comstock's Net Cash per Share for the fiscal year that ended in Dec. 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.
Comstock (LODE) has a Net Cash per Share of $-0.33 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Comstock and its competitors. Over the past decade, Comstock's Net Cash per Share has ranged from 29.36 to 29.36. According to the industry distribution chart, Comstock ranks #999999 out of 1055 companies in the Metals & Mining industry.
Is Comstock's Net Cash per Share too high?
Comstock's current Net Cash per Share is $-0.33. Over the past 10 years, this metric has ranged from a low of 29.36 to a high of 29.36. Based on the distribution chart, Comstock ranks #999999 out of 1055 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Comstock has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comstock's Net Cash per Share compare to GORO and THMG?
According to the Metals & Mining industry distribution chart, Comstock ranks #999999 out of 1055 companies for Net Cash per Share. This places Comstock in the lower half of its industry. The industry median Net Cash per Share is 7.00. Historically, Comstock's own Net Cash per Share has ranged from 29.36 to 29.36 over the past decade. 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 a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.00, based on 1,055 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 Comstock and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comstock's current Net Cash per Share is $-0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock stock overvalued right now?
Based on GuruFocus' analysis, Comstock (LODE) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $3.22 — trading 556.1% above its estimated fair value. The current Net Cash per Share is $-0.33. Comstock's overall GF Score™ is 47/100 with 5 warning signs 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 Comstock (LODE), the current Net Cash per Share is $-0.33 as of Jun. 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 Comstock (LODE) Overvalued in 2026?
Based on GuruFocus' analysis, Comstock stock appears to be overvalued.
The current stock price of $3.22 is trading 556.1% above its estimated GF Value™ of $0.49.
GuruFocus considers Comstock to be Significantly Overvalued.
Key valuation signals for LODE:
Net Cash per Share: $-0.33
GF Value™: $0.49 vs. price of $3.22 (556.1% above fair value)
No single metric tells the full story. See the LODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comstock Inc commercializes technologies that convert underutilized waste and natural resources into clean energy and supporting products, including electrification, metals, and minerals from end-of-life solar panels. Its subsidiary focuses on producing renewable fuels from waste, energy crops, and woody biomass, supported by facilities in Wisconsin, pilot farms, a biorefinery site in Tulsa, and solar panel recycling operations in Nevada. The Company operates through two high-growth segments and a corporate segment, with its activities grouped into Metals, which generates the majority of revenue, Fuels, Mining, Strategic Investments, and Corporate Services.
47GF Score
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