Discounted Cash Flow

Comstock Resources Inc.

CRK · Based on 10 years of SEC filings

DCF estimate unavailable — only_5_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $0 $-135.1m $-81.2m $-11.52
2017 $0 $-111.4m (17.6%) $-5.9m (92.8%) $-7.61 (33.9%)
2018 $153.5m $82.5m (174.0%) 53.7% $0.78 (110.2%)
2019 $768.7m (400.8%) $96.9m (17.5%) $-35.5m 12.6% (-76.5%) $0.52 (-33.3%)
2020 $858.2m (11.6%) $-52.4m (-154.1%) $66.0m (285.7%) -6.1% (-148.5%) $-0.39 (-175.0%)
2021 $1.9b (115.7%) $-241.7m (-361.2%) $169.8m (157.2%) -13.1% (-113.8%) $-1.12 (-187.2%)
2022 $3.6b (96.0%) $1.1b (572.0%) $630.6m (271.4%) 31.4% (340.8%) $4.75 (524.1%)
2023 $1.6b (-56.9%) $211.1m (-81.5%) $-408.2m (-164.7%) 13.5% (-57.1%) $0.76 (-84.0%)
2024 $1.3b (-19.8%) $-229.7m (-208.8%) $-477.1m (-16.9%) -18.3% (-235.7%) $-0.76 (-200.0%)
2025 $2.2b (77.0%) $395.6m (272.3%) $-449.7m (5.8%) 17.8% (197.3%) $1.43 (288.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_5_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.