Comet Industries Ltd. Logo

Comet Industries Ltd.

CMU.V

(0.8)
Stock Price

4,40 CAD

77.44% ROA

96.64% ROE

2.46x PER

Market Cap.

21.409.800,00 CAD

0% DER

0% Yield

4139.48% NPM

Comet Industries Ltd. Stock Analysis

Comet Industries Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Comet Industries Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (36%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (41) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

3 ROE

The stock's ROE indicates a negative return (-8.28%) on shareholders' equity, suggesting poor financial performance.

4 ROA

The stock's ROA (-5.35%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

5 PBV

The stock's elevated P/BV ratio (10.75x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Comet Industries Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Comet Industries Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Buy
4 Stoch RSI Buy

Comet Industries Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Comet Industries Ltd. Revenue
Year Revenue Growth
1999 195.994
2000 202.621 3.27%
2001 173.369 -16.87%
2002 210.131 17.49%
2003 227.468 7.62%
2004 228.712 0.54%
2005 225.789 -1.29%
2006 172.603 -30.81%
2007 218.828 21.12%
2008 217.191 -0.75%
2009 289.653 25.02%
2010 322.581 10.21%
2011 354.716 9.06%
2012 412.171 13.94%
2013 419.127 1.66%
2014 451.379 7.15%
2015 452.559 0.26%
2016 491.483 7.92%
2017 525.456 6.47%
2018 558.095 5.85%
2019 515.879 -8.18%
2020 309.979 -66.42%
2021 424.649 27%
2022 609.499 30.33%
2023 352.903 -72.71%
2024 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Comet Industries Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 110.166 100%
2023 535.676 79.43%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Comet Industries Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 224.768 100%
2009 509.085 55.85%
2010 114.745 -343.67%
2011 121.002 5.17%
2012 117.659 -2.84%
2013 203.331 42.13%
2014 168.997 -20.32%
2015 281.482 39.96%
2016 173.156 -62.56%
2017 206.311 16.07%
2018 198.968 -3.69%
2019 231.886 14.2%
2020 211.706 -9.53%
2021 204.876 -3.33%
2022 372.645 45.02%
2023 537.228 30.64%
2024 351.400 -52.88%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Comet Industries Ltd. EBITDA
Year EBITDA Growth
1999 44.447
2000 40.142 -10.72%
2001 -38.337 204.71%
2002 -38.239 -0.26%
2003 -60.159 36.44%
2004 -172.790 65.18%
2005 -36.811 -369.4%
2006 -65.820 44.07%
2007 -123.085 46.52%
2008 -87.257 -41.06%
2009 -457.196 80.91%
2010 -57.655 -692.99%
2011 -35.287 -63.39%
2012 58.375 160.45%
2013 -36.584 259.56%
2014 44.565 182.09%
2015 113.410 60.7%
2016 91.132 -24.45%
2017 50.783 -79.45%
2018 135.617 62.55%
2019 41.560 -226.32%
2020 -15.618 366.1%
2021 46.313 133.72%
2022 -37.648 223.02%
2023 -984.620 96.18%
2024 -430.104 -128.93%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Comet Industries Ltd. Gross Profit
Year Gross Profit Growth
1999 195.994
2000 202.621 3.27%
2001 173.369 -16.87%
2002 210.131 17.49%
2003 227.468 7.62%
2004 228.712 0.54%
2005 225.789 -1.29%
2006 172.603 -30.81%
2007 218.828 21.12%
2008 217.191 -0.75%
2009 137.598 -57.84%
2010 320.606 57.08%
2011 352.197 8.97%
2012 409.456 13.98%
2013 417.019 1.81%
2014 449.653 7.26%
2015 450.799 0.25%
2016 490.041 8.01%
2017 524.086 6.5%
2018 556.795 5.87%
2019 514.646 -8.19%
2020 308.804 -66.66%
2021 423.533 27.09%
2022 608.439 30.39%
2023 -275.352 320.97%
2024 -79.352 -247%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Comet Industries Ltd. Net Profit
Year Net Profit Growth
1999 -12.370
2000 -39.099 68.36%
2001 -536.988 92.72%
2002 -101.238 -430.42%
2003 -256.338 60.51%
2004 -283.921 9.72%
2005 -109.076 -160.3%
2006 -165.850 34.23%
2007 -207.305 20%
2008 -131.539 -57.6%
2009 -529.697 75.17%
2010 -123.363 -329.38%
2011 -94.076 -31.13%
2012 22.742 513.67%
2013 -83.234 127.32%
2014 -22.634 -267.74%
2015 58.139 138.93%
2016 32.254 -80.25%
2017 -112 28898.21%
2018 35.119 100.32%
2019 50.030 29.8%
2020 -67.934 173.65%
2021 360.195 118.86%
2022 -121.144 397.33%
2023 8.149.775 101.49%
2024 -526.352 1648.35%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Comet Industries Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 2 100%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Comet Industries Ltd. Free Cashflow
Year Free Cashflow Growth
1999 -15.319
2000 -5.432 -182.01%
2001 -37.054 85.34%
2002 -88.936 58.34%
2003 -99.521 10.64%
2004 -51.792 -92.16%
2005 -121.956 57.53%
2006 -41.433 -194.35%
2007 -287.905 85.61%
2008 -113.394 -153.9%
2009 -128.553 11.79%
2010 -49.012 -162.29%
2011 -108.867 54.98%
2012 75.409 244.37%
2013 -223.140 133.79%
2014 -43.690 -410.73%
2015 31.611 238.21%
2016 70.494 55.16%
2017 64.590 -9.14%
2018 17.823 -262.4%
2019 51.793 65.59%
2020 -6.388 910.79%
2021 -41.304 84.53%
2022 -52.903 21.93%
2023 -728.983 92.74%
2024 -1.430.065 49.02%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Comet Industries Ltd. Operating Cashflow
Year Operating Cashflow Growth
1999 -14.319
2000 -5.432 -163.6%
2001 -36.754 85.22%
2002 -88.936 58.67%
2003 -99.521 10.64%
2004 -51.792 -92.16%
2005 -121.956 57.53%
2006 -41.433 -194.35%
2007 -287.905 85.61%
2008 -113.394 -153.9%
2009 -128.553 11.79%
2010 -49.012 -162.29%
2011 -106.523 53.99%
2012 75.409 241.26%
2013 -223.140 133.79%
2014 -43.690 -410.73%
2015 31.611 238.21%
2016 70.494 55.16%
2017 64.590 -9.14%
2018 17.823 -262.4%
2019 51.793 65.59%
2020 -6.388 910.79%
2021 -41.304 84.53%
2022 -52.903 21.93%
2023 -710.983 92.56%
2024 -827.964 14.13%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Comet Industries Ltd. Capital Expenditure
Year Capital Expenditure Growth
1999 1.000
2000 0 0%
2001 300 100%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 2.344 100%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 18.000 100%
2024 602.101 97.01%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Comet Industries Ltd. Equity
Year Equity Growth
1999 1.137.626
2000 1.098.527 -3.56%
2001 536.960 -104.58%
2002 560.722 4.24%
2003 469.384 -19.46%
2004 374.018 -25.5%
2005 409.842 8.74%
2006 261.992 -56.43%
2007 73.587 -256.03%
2008 80.137 8.17%
2009 129.372 38.06%
2010 72.422 -78.64%
2011 153.346 52.77%
2012 176.088 12.92%
2013 307.342 42.71%
2014 285.708 -7.57%
2015 945.850 69.79%
2016 1.855.132 49.01%
2017 1.796.177 -3.28%
2018 1.816.084 1.1%
2019 1.820.177 0.22%
2020 1.854.559 1.85%
2021 1.613.478 -14.94%
2022 1.605.238 -0.51%
2023 1.501.587 -6.9%
2024 9.849.311 84.75%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Comet Industries Ltd. Assets
Year Assets Growth
1999 1.833.239
2000 1.823.971 -0.51%
2001 1.349.070 -35.2%
2002 1.335.430 -1.02%
2003 1.277.238 -4.56%
2004 1.221.298 -4.58%
2005 1.271.663 3.96%
2006 1.159.682 -9.66%
2007 1.283.933 9.68%
2008 1.275.060 -0.7%
2009 1.314.222 2.98%
2010 1.279.574 -2.71%
2011 1.309.766 2.31%
2012 1.340.404 2.29%
2013 1.706.742 21.46%
2014 1.612.845 -5.82%
2015 2.169.880 25.67%
2016 2.179.570 0.44%
2017 2.173.837 -0.26%
2018 2.157.810 -0.74%
2019 2.157.566 -0.01%
2020 2.395.099 9.92%
2021 2.651.669 9.68%
2022 2.505.012 -5.85%
2023 11.267.329 77.77%
2024 10.390.556 -8.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Comet Industries Ltd. Liabilities
Year Liabilities Growth
1999 695.613
2000 725.444 4.11%
2001 812.110 10.67%
2002 774.708 -4.83%
2003 807.854 4.1%
2004 847.280 4.65%
2005 861.821 1.69%
2006 897.690 4%
2007 1.210.346 25.83%
2008 1.194.923 -1.29%
2009 1.184.850 -0.85%
2010 1.207.152 1.85%
2011 1.156.420 -4.39%
2012 1.164.316 0.68%
2013 1.399.400 16.8%
2014 1.327.137 -5.45%
2015 1.224.030 -8.42%
2016 1.201.466 -1.88%
2017 1.195.845 -0.47%
2018 1.144.699 -4.47%
2019 1.094.425 -4.59%
2020 1.013.341 -8%
2021 909.716 -11.39%
2022 884.203 -2.89%
2023 1.234.863 28.4%
2024 541.245 -128.15%

Comet Industries Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.01
Net Income per Share
1.72
Price to Earning Ratio
2.46x
Price To Sales Ratio
307.74x
POCF Ratio
-13.15
PFCF Ratio
-10.06
Price to Book Ratio
2.01
EV to Sales
206.49
EV Over EBITDA
-17.02
EV to Operating CashFlow
-9.52
EV to FreeCashFlow
-6.75
Earnings Yield
0.41
FreeCashFlow Yield
-0.1
Market Cap
0,02 Bil.
Enterprise Value
0,01 Bil.
Graham Number
9.05
Graham NetNet
1.43

Income Statement Metrics

Net Income per Share
1.72
Income Quality
-0.19
ROE
0.78
Return On Assets
0.72
Return On Capital Employed
-0.08
Net Income per EBT
0.88
EBT Per Ebit
-10.4
Ebit per Revenue
-4.51
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
3.13
Research & Developement to Revenue
5.09
Stock Based Compensation to Revenue
-0.36
Gross Profit Margin
-2.35
Operating Profit Margin
-4.51
Pretax Profit Margin
46.94
Net Profit Margin
41.39

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.32
Free CashFlow per Share
-0.46
Capex to Operating CashFlow
-0.41
Capex to Revenue
8.91
Capex to Depreciation
459.33
Return on Invested Capital
-0.08
Return on Tangible Assets
0.77
Days Sales Outstanding
1159
Days Payables Outstanding
402.29
Days of Inventory on Hand
0
Receivables Turnover
0.31
Payables Turnover
0.91
Inventory Turnover
0
Capex per Share
0.13

Balance Sheet

Cash per Share
1,51
Book Value per Share
2,11
Tangible Book Value per Share
2.11
Shareholders Equity per Share
2.11
Interest Debt per Share
0.01
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
8.35
Current Ratio
13.51
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
7933081
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Comet Industries Ltd. Dividends
Year Dividends Growth

Comet Industries Ltd. Profile

About Comet Industries Ltd.

Comet Industries Ltd. holds and manages real estate properties in British Columbia. It also acquires and holds mineral properties. The company holds a 40% working interest in the Iron Mask property with five crown granted mineral claims covering an area of approximately 76.9 hectares located in Kamloops, British Columbia. It also owns a 10% carried net profit interest in a contiguous block of mineral properties; and the surface land titles comprising the crown grants covering approximately 77.15 hectares located in Kamloops, British Columbia. In addition, the company holds and rents land and a commercial building located at the corner of Carrall and Powell Streets in the Gastown area of Vancouver, Canada. The company was incorporated in 1972 and is based in Vancouver, Canada.

CEO
Mr. Michael Scott O'Reilly
Employee
0
Address
1177 West Hastings Street
Vancouver, V6E 2K3

Comet Industries Ltd. Executives & BODs

Comet Industries Ltd. Executives & BODs
# Name Age
1 Mr. Michael Scott O'Reilly
President, Chief Executive Officer & Director
70
2 Mr. Kelly McQuiggan
Chief Financial Officer
70
3 Mr. Andrew Rennison
Corporate Secretary & Director
70

Comet Industries Ltd. Competitors