Comstock Resources (STU:CX91) ROA %: 0.48% (As of Jun. 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.

STU:CX91 Comstock Resources Inc STU:CX91
73 GF Score
Price €11.20
GF Value €13.90
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Comstock Resources ROA %?

Comstock Resources STU:CX91 -2.95% 73 ROA % is 0.48% as of Jun. 2026. GuruFocus rates STU:CX91 with a GF Score™ of 73/100 and a GF Value™ of €13.90 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,033 Oil & Gas companies, Comstock Resources ranks better than 80.25% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Comstock Resources's annualized Net Income for the quarter that ended in Jun. 2026 was €30 Mil. Comstock Resources's average Total Assets over the quarter that ended in Jun. 2026 was €6,397 Mil. Therefore, Comstock Resources's annualized ROA % for the quarter that ended in Jun. 2026 was 0.48%.

The historical rank and industry rank for Comstock Resources's ROA % or its related term are showing as below:

STU:CX91' s ROA % Range Over the Past 10 Years
Min: -12.96   Med: -1.13   Max: 22.02
Current: 7.55

During the past 13 years, Comstock Resources's highest ROA % was 22.02%. The lowest was -12.96%. And the median was -1.13%.

STU:CX91's ROA % is ranked better than
80.25% of 1033 companies
in the Oil & Gas industry
Industry Median: 1.93 vs STU:CX91: 7.55

Comstock Resources  (STU:CX91) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=30.436/6396.882
=(Net Income / Revenue)*(Revenue / Total Assets)
=(30.436 / 1221.108)*(1221.108 / 6396.882)
=Net Margin %*Asset Turnover
=2.49 %*0.1909
=0.48 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Comstock Resources ROA % Related Terms


Comstock Resources ROA % Historical Data

* Premium members only.

The historical data trend for Comstock Resources's ROA % 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.

Comstock Resources ROA % Chart

Comstock Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.39 22.66 3.50 -3.53 5.94

Comstock Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % 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 7.27 6.51 17.67 6.07 0.48

STU:CX91 vs CRGY, CRC, BSM: ROA % Comparison

For the Oil & Gas E&P subindustry, Comstock Resources's ROA %, along with its competitors' market caps and ROA % 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 Resources ROA % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comstock Resources's ROA % distribution charts can be found below:

* The bar in red indicates where Comstock Resources's ROA % falls into.


STU:CX91
73GF Score
Comstock Resources Inc STU:CX91
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comstock Resources ROA % Calculation

Comstock Resources's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=358.853/( (6094.903+5984.031)/ 2 )
=358.853/6039.467
=5.94 %

Comstock Resources's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=30.436/( (6262.337+6531.427)/ 2 )
=30.436/6396.882
=0.48 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.48% mean?
Comstock Resources (STU:CX91) has a ROA % of 0.48% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Comstock Resources and its competitors. According to the industry distribution chart, Comstock Resources ranks #204 out of 1033 companies in the Oil & Gas industry, placing it in the top 19.7%.
Is Comstock Resources' ROA % too high?
Comstock Resources' current ROA % is 0.48%. The Oil & Gas industry median ROA % is 1.93. Comstock Resources' value of 0.48% is 75.1% below this industry median. Based on the distribution chart, Comstock Resources ranks #204 out of 1033 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Comstock Resources has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Comstock Resources' ROA % compare to CRGY and CRC?
According to the Oil & Gas industry distribution chart, Comstock Resources ranks #204 out of 1033 companies for ROA %. This places Comstock Resources in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 1.93. Comstock Resources' value of 0.48% is 75.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.93, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comstock Resources's current ROA % of 0.48% is 75.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Comstock Resources and its competitors. For the Oil & Gas industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comstock Resources's current ROA % is 0.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock Resources stock overvalued right now?
Based on GuruFocus' analysis, Comstock Resources (STU:CX91) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.90, compared to a current price of €11.20 — trading 19.4% below its estimated fair value. The current ROA % is 0.48% and 75.1% below the Oil & Gas industry median of 1.93. Comstock Resources' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Comstock Resources (STU:CX91), the current ROA % is 0.48% 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 Resources (STU:CX91) Overvalued in 2026?

Based on GuruFocus' analysis, Comstock Resources stock appears to be undervalued. The current stock price of €11.20 is trading 19.4% below its estimated GF Value™ of €13.90. GuruFocus considers Comstock Resources to be Modestly Undervalued.

Key valuation signals for STU:CX91:

  • ROA %: 0.48%
  • GF Value™: €13.90 vs. price of €11.20 (19.4% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 75.1% below the Oil & Gas median (#204 of 1033)

No single metric tells the full story. See the STU:CX91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comstock Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CRK:USA
Address 5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. The company's oil and gas operations are concentrated in Louisiana and Texas.
73GF Score

Get the complete analysis for STU:CX91

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

€11.20
Price
€13.90
GF Value