Valuation: Comet Ridge Limited

Market Cap 13Cr 8.93Cr 7.71Cr 7.23Cr 6.59Cr 12Cr 853.73Cr 85Cr 33Cr 427.72Cr 34Cr 33Cr 1.42TCr P/E 2026 *
-22.9x
P/E 2027 * -14x
Enterprise Value 8.71Cr 6.19Cr 5.34Cr 5.01Cr 4.57Cr 8.59Cr 591.97Cr 59Cr 23Cr 296.58Cr 23Cr 23Cr 986.54Cr EV / Sales 2026 *
-
EV / Sales 2027 * -
Free-Float
80.72%
Yield 2026 *
-
Yield 2027 * -
1 day+2.38%
1 week-4.44%
Current month-1.15%
1 month-4.44%
3 months-18.10%
6 months-33.85%
Current year-36.30%
1 week 0.08
Extreme 0.08
0.09
1 month 0.08
Extreme 0.08
0.09
Current year 0.08
Extreme 0.08
0.18
1 year 0.08
Extreme 0.08
0.18
3 years 0.08
Extreme 0.08
0.24
5 years 0.08
Extreme 0.08
0.25
10 years 0.05
Extreme 0.048
0.42
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
Date Insider Type Main position Quantity % Market Cap.
10/08/26 Buy

Director

5,00,000 0.0333%
16/10/24 Fiscal year

Chief Executive Officer

7,00,000 0.0632%
16/10/24 Fiscal year

Chief Executive Officer

7,00,000 0.0632%
Change 5-day change 1-year change 3-year change Capi.($)
+2.38%-4.44%-36.30%-49.41% 8.93Cr
+0.62%+3.68%+33.81%+9.28% 15TCr
+2.97%+3.87%+65.85%+67.05% 10TCr
+2.48%+2.76%+22.83%+12.66% 7.67TCr
+1.17%+0.66%+32.35%-6.52% 5.9TCr
+3.36%+8.21%+114.54%+69.82% 5.92TCr
+1.89%+3.68%+47.12%+39.85% 5.78TCr
+3.75%+4.87%+41.20%-3.04% 5.47TCr
+0.94%+0.45%+23.32%-13.65% 4.44TCr
-0.19%+0.56%+49.72%+17.33% 3.54TCr
Average +1.94%+3.11%+39.44%+14.34% 6.42TCr
Weighted average by Cap. +1.88%+3.80%+46.85%+23.51%

Financials

2026 *2027 *
Net sales - -
Net income -47.98L -34.12L -29.45L -27.63L -25.17L -47.32L -33Cr -3.24Cr -1.27Cr -16Cr -1.28Cr -1.25Cr -54Cr -1.12Cr -79.62L -68.73L -64.48L -58.73L -1.1Cr -76Cr -7.56Cr -2.96Cr -38Cr -2.99Cr -2.92Cr -126.86Cr
Net Debt -3.85Cr -2.74Cr -2.36Cr -2.22Cr -2.02Cr -3.8Cr -261.76Cr -26Cr -10Cr -131.14Cr -10Cr -10Cr -436.23Cr -2.03Cr -1.45Cr -1.25Cr -1.17Cr -1.07Cr -2.01Cr -138.22Cr -14Cr -5.38Cr -69Cr -5.43Cr -5.31Cr -230.35Cr
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
-
Date Price Change Volume
18/26/18 A$0.0860 +2.38% 9,35,042
17/26/17 A$0.0840 +2.44% 13,19,367
14/26/14 A$0.0820 -5.75% 1,27,12,141
13/26/13 A$0.0870 -1.14% 20,67,700
12/26/12 A$0.0880 -2.22% 4,86,125
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
0.0840AUD
Average target price
0.1800AUD
Spread / Average Target
+114.29%

Annual profits - Rate of surprise