Comstock Resources Inc (CRK) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Comstock Resources Inc $12.35, price $13.45, upside -8.2%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Comstock Resources Inc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $4.88 – $30.74 · fair‑value band $10.62 – $37.64 · the $13.45 price screens above the $12.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 4 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.
Follow Comstock Resources in your weekly email
Every Wednesday you see whether Comstock Resources is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas.
Show more
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
Stock analysis
Comstock Resources Inc (CRK) currently trades at $13.45, while our model-based Fair Value estimate is $12.35, implying the stock looks roughly 8.9% fairly valued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of $30.40 per share, and 6 of the 13 models we run sit above the $13.45 price.
Bear case: the Asset-Based group reads lowest at $6.04, and 7 of the 13 models stay below the price. Evidence for this calculation is medium.
Scenario range: $10.62 (bear) to $37.64 (bull), the price of $13.45 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Energy sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Comstock Resources Inc reported revenue of $1.9B in FY2025 versus $1.9B in FY2021, a compound +0.8%/yr. Reported net income was $396M in FY2025.
Key figures
Market cap $4.0B · P/E ratio 6.1 · P/S ratio 1.26 · EPS (TTM) $2.21 · Net margin 20.7% · Return on equity 24.2% · Return on assets (EBIT) 13.1% · Operating margin 29.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 51% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at 10% fair-value upside, at −8%, CRK screens richer than that median.
Fair Value models
Bear $10.62Fair Value $12.35Bull $37.64
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($1.62 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+52.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−19.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.3%
Start year 2020 (pandemic). Over 10 years: +22.4% a year
Revenue growth 39 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+11.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.6%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.19% → 19%
⚠ Revenue per share shrinking 18.8%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas E&P · 306 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−8% · Below median
Profitability
Return on equity (TTM)24% · Top 25%
Return on assets4% · Above median
Net margin (TTM)31% · Top 25%
Operating margin (TTM)30% · Above median
Growth and dividend
Revenue growth14% · Above median
Balance sheet
Debt / equity1.06× · Highest 25%
Valuation Multiplesvs Oil & Gas E&P median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Comstock Resources Inc (CRK) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $12.35 versus a price of $13.45, about −8% upside (fairly valued).
What is the fair value of CRK?
Our model-based fair value for Comstock Resources Inc is $12.35 (as of Sep 23, 2026), built from audited fundamentals. The current price: $13.45.
What is the quality score of CRK?
Comstock Resources Inc has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Comstock Resources Inc (CRK)?
Our model-based price target is the fair value of $12.35 (as of Sep 23, 2026) from 14 valuation models. Cautious scenario $10.62, optimistic scenario $37.64. It is a calculation from audited fundamentals, not an analyst target.
What is the Comstock Resources Inc stock forecast for 2026?
Our models put fair value at $12.35, about −8% upside versus a price of $13.45 (fairly valued). Cautious scenario $10.62, optimistic scenario $37.64. The calculation is refreshed regularly with new filings.
What is the revenue of Comstock Resources Inc (CRK)?
Comstock Resources Inc reported trailing-twelve-month revenue of about $2.0B (latest available figure, as of Sep 23, 2026).
What is the intrinsic value of Comstock Resources Inc (CRK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Comstock Resources Inc it is $12.35 per share (as of Sep 23, 2026), against a price of $13.45. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Comstock Resources Inc stock overvalued or undervalued in 2026?
As of Sep 23, 2026, CRK trades above its calculated fair value: price $13.45, fair value $12.35, a gap of about −8% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CRK?
No. The price is what the market pays today ($13.45); the fair value is what the company's own numbers justify ($12.35). For Comstock Resources Inc the two are $1.10 per share apart. That gap is exactly why we show both numbers side by side.
How much is Comstock Resources Inc worth?
The market values Comstock Resources Inc at about $4.0B (market capitalisation, as of Sep 23, 2026). Per share that is $13.45; our models calculate a fair value of $12.35 per share.
What do the bullish and bearish scenarios say about CRK?
Our models span a range for Comstock Resources Inc: cautious scenario $10.62, base $12.35, optimistic $37.64 per share (as of Sep 23, 2026, price $13.45). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CRK?
Comstock Resources Inc trades at a price-to-earnings ratio of 6.1 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $12.35 is built from several models across several years. Other multiples: PEG 4.6, P/B 1.5, P/S 2.0, EV/EBITDA 6.5.
What is the PEG ratio of CRK?
The PEG ratio of Comstock Resources Inc is 4.64 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Comstock Resources Inc (CRK)?
Balance-sheet figures for Comstock Resources Inc (as of Sep 23, 2026): return on equity 24.2%, debt of 1.06 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is CRK from its 52-week high?
Comstock Resources Inc trades at $13.45, about 51% below its 52-week high of $27.37 and 9% above the low of $12.38 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $12.35 is for.
Which stocks are comparable to Comstock Resources Inc?
From the same area (Energy) we also value CNOOC Limited, ConocoPhillips explores for,, Canadian Natural Resources Limited, EOG Resources, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Comstock Resources Inc stock attractive at the current price?
The data as of Sep 23, 2026: price $13.45, calculated fair value $12.35 (−8%), Quality Score 55/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CRK calculated?
We run Comstock Resources Inc through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $12.35, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Comstock Resources Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Comstock Resources Inc (CRK)?
The closing price on Sep 23, 2026 was $13.45. Our model-based fair value is $12.35, about −8% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Comstock Resources Inc right now?
The model range is unusually wide ($10.62 to $37.64). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Key figures of Comstock Resources Inc
How large is the market capitalisation of Comstock Resources Inc (CRK)?
The market capitalisation of Comstock Resources Inc is $4.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Comstock Resources Inc (CRK)?
The price-to-sales ratio of Comstock Resources Inc is 1.26 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Comstock Resources Inc (CRK)?
Earnings per share at Comstock Resources Inc are $2.21 (price ÷ EPS = P/E 6.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Comstock Resources Inc (CRK)?
The net margin of Comstock Resources Inc is 20.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Comstock Resources Inc (CRK)?
The return on equity (ROE) of Comstock Resources Inc is 24.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Comstock Resources Inc (CRK)?
On an EBIT basis the return on assets of Comstock Resources Inc is 13.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Comstock Resources Inc (CRK)?
The operating margin of Comstock Resources Inc is 29.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Comstock Resources Inc (CRK)?
Revenue at Comstock Resources Inc is growing +14.2% versus a year earlier (3y avg −19.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Comstock Resources Inc (CRK)?
Earnings per share at Comstock Resources Inc are growing −79.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Comstock Resources Inc (CRK) generate?
The free cash flow of Comstock Resources Inc is −$450M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Comstock Resources Inc (CRK) carry?
The net debt of Comstock Resources Inc is $2.9B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Comstock Resources Inc in the live analysis
One click puts Comstock Resources Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Some data
Sep 23, 2026