Valuation: Comet Ridge Limited

Market Cap 13Cr 9.18Cr 8.06Cr 7.5Cr 6.9Cr 13Cr 876.89Cr 89Cr 35Cr 434.88Cr 34Cr 34Cr 1.5TCr P/E 2026 *
-25.1x
P/E 2027 * -11.7x
Enterprise Value 9.3Cr 6.49Cr 5.7Cr 5.31Cr 4.88Cr 9.15Cr 620.25Cr 63Cr 25Cr 307.6Cr 24Cr 24Cr 1.06TCr EV / Sales 2026 *
-
EV / Sales 2027 * -
Free-Float
80.72%
Yield 2026 *
-
Yield 2027 * -
Manager TitleAgeSince
Chief Executive Officer - 16/04/2009
Director of Finance/CFO - 10/11/2025
Chief Operating Officer - 01/01/2011
Director TitleAgeSince
Director/Board Member - 16/04/2009
Chairman - 27/12/2010
Director/Board Member - 16/04/2009
Change 5-day change 1-year change 3-year change Capi.($)
-.--%-.--% - - 9.3Cr
-1.28%-2.89%+17.60%-1.58% 14TCr
-1.31%-1.39%+42.31%+56.13% 9.33TCr
-0.48%-2.65%+14.79%+6.84% 7.47TCr
-2.81%-4.75%+26.43%+30.67% 5.51TCr
-1.82%-4.55%+18.40%-13.13% 5.46TCr
-1.39%-3.79%+89.52%+56.30% 5.25TCr
-1.16%-3.27%+25.14%-19.51% 4.98TCr
+1.15%+3.19%+22.78%-14.03% 4.18TCr
-0.65%+3.73%-0.48%+22.19% 3.25TCr
Average -1.08%+0.73%+28.50%+13.76% 6.61TCr
Weighted average by Cap. -1.17%+0.54%+28.36%+14.48%

Financials

2026 *2027 *
Net sales - -
Net income -47.98L -33.48L -29.38L -27.36L -25.16L -47.17L -32Cr -3.25Cr -1.27Cr -16Cr -1.26Cr -1.23Cr -55Cr -1.12Cr -78.12L -68.56L -63.84L -58.72L -1.1Cr -75Cr -7.57Cr -2.96Cr -37Cr -2.93Cr -2.87Cr -127.88Cr
Net Debt -3.85Cr -2.69Cr -2.36Cr -2.2Cr -2.02Cr -3.79Cr -256.64Cr -26Cr -10Cr -127.28Cr -10Cr -9.87Cr -439.74Cr -2.03Cr -1.42Cr -1.24Cr -1.16Cr -1.07Cr -2Cr -135.52Cr -14Cr -5.38Cr -67Cr -5.33Cr -5.21Cr -232.2Cr
Logo Comet Ridge Limited
Comet Ridge Limited is an energy company which is focused on the development of natural gas resources for the strained east coast Australian market. It has tenement interests and a suite of prospective projects in Queensland. The Company’s flagship gas project comprises the Mahalo Gas Hub assets located in central Queensland, 240 kilometers to the gas demand center of Gladstone. The Mahalo Gas Hub assets comprise the Mahalo JV Gas Project, which is an appraised coal seam gas project with certified gas reserves and petroleum leases, and the Northern Mahalo Projects, which comprise Mahalo North, Mahalo East, and Mahalo Far East. It holds an acreage position of 4,742 square kilometers (km2) in the eastern part of the Galilee Basin. The Galilee Project has various prospects, including ATP 743, ATP 744, and ATP 1015. Its Mahalo North includes a project area of 360 km2. Its Mahalo East includes a project area of approximately 97 km2. Mahalo Far East includes a project area of 404 km2.
Employees
-
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
0.0880AUD
Average target price
0.1975AUD
Spread / Average Target
+124.43%

Annual profits - Rate of surprise