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Comet Ridge Ltd
ASX:COI

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Comet Ridge Ltd
ASX:COI
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Price: 0.195 AUD Market Closed
Updated: May 7, 2024

Relative Value

The Relative Value of one COI stock under the Base Case scenario is 0.258 AUD. Compared to the current market price of 0.195 AUD, Comet Ridge Ltd is Undervalued by 24%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

COI Relative Value
Base Case
0.258 AUD
Undervaluation 24%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
2
Median 3Y
2 740
Median 5Y
1 090.3
Industry
1.4
vs History
vs Industry
Median 3Y
-16.9
Median 5Y
-17.9
Industry
9
Forward
-29.5
vs History
vs Industry
Median 3Y
-45.9
Median 5Y
-44.8
Industry
4.7
vs History
vs Industry
Median 3Y
-22.7
Median 5Y
-11.5
Industry
11.1
vs History
17
vs Industry
11
Median 3Y
2.5
Median 5Y
2.4
Industry
1.3
vs History
46
vs Industry
2
Median 3Y
2 573.6
Median 5Y
1 076.2
Industry
1.9
vs History
vs Industry
Median 3Y
-173.7
Median 5Y
0
Industry
4.6
vs History
vs Industry
Median 3Y
-39.8
Median 5Y
-38.6
Industry
6
Forward
-37.3
vs History
vs Industry
Median 3Y
-39.8
Median 5Y
-38.6
Industry
8.1
Forward
-36.9
vs History
vs Industry
Median 3Y
-44.5
Median 5Y
-44
Industry
6.3
vs History
vs Industry
Median 3Y
-13.6
Median 5Y
-10.6
Industry
10.4
vs History
26
vs Industry
21
Median 3Y
1.5
Median 5Y
1.5
Industry
1.1

Multiples Across Competitors

COI Competitors Multiples
Comet Ridge Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Comet Ridge Ltd
ASX:COI
198m AUD 1 106.3 -22.9 -54.8 -54.8
AU
Pure Hydrogen Corporation Ltd
OTC:PHCLF
6.5T USD 24 486 957.2 6 708 755.4 2 485 982.3 2 485 982.3
US
Conocophillips
NYSE:COP
145.7B USD 2.6 13.8 6.8 10.7
CN
CNOOC Ltd
HKEX:883
942.8B HKD 2.1 7 4.6 4.6
CA
Canadian Natural Resources Ltd
TSX:CNQ
112.1B CAD 3.1 13.6 7.2 11.6
US
EOG Resources Inc
NYSE:EOG
75.2B USD 3.1 10.2 5.6 7.8
US
Pioneer Natural Resources Co
NYSE:PXD
63B USD 3.3 12.9 7.2 10.4
US
Hess Corp
NYSE:HES
49.1B USD 4.3 24.5 9.8 15.5
US
Diamondback Energy Inc
NASDAQ:FANG
36.3B USD 4.2 11.4 6.5 9
AU
Woodside Energy Group Ltd
ASX:WDS
52.9B AUD 2.5 21.1 4.2 7.4
US
Devon Energy Corp
NYSE:DVN
32.2B USD 1.7 7.4 4.4 6.4

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