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Comet Industries
(CMU)
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Rating:52Neutral
Price Target:
C$6.00
▲(7.53% Upside)
Action:Reiterated
Date:07/01/26
The score is held back primarily by weak and inconsistent operating performance (zero TTM revenue and recurring losses) and uncertain cash-flow quality despite a strong TTM inflow. The balance sheet (moderate leverage, sizable equity) and a moderately constructive long-term price trend (above 100/200-day averages) provide partial support, while valuation is pressured by negative earnings and no stated dividend yield.
Positive Factors
Moderate leverage and equity base
Moderate leverage and a sizable equity base provide financial flexibility for a small property developer. This can help absorb project variability and support future investment, although the benefit is constrained while the company remains unprofitable.
Negative Factors
No current revenue and recurring losses
Zero TTM revenue and repeated net losses show that the company currently lacks a dependable operating earnings engine. This weakens its ability to fund development, validate its business model, and generate shareholder returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage and equity base
Moderate leverage and a sizable equity base provide financial flexibility for a small property developer. This can help absorb project variability and support future investment, although the benefit is constrained while the company remains unprofitable.
Read all positive factors
Comet Industries (CMU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$26.37M
Dividend YieldN/A
Average Volume (3M)373.00
Price to Earnings (P/E)―
Beta (1Y)<0.01
Revenue Growth397.22%
EPS Growth-14.79%
CountryCA
Employees3
SectorGeneral
Sector StrengthN/A
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-0.13
Shares Outstanding4,794,528
10 Day Avg. Volume0
30 Day Avg. Volume373
Financial Highlights & Ratios
PEG Ratio-0.68
Price to Book (P/B)1.87
Price to Sales (P/S)1072.07
P/FCF Ratio-56.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Comet Industries Business Overview & Revenue Model
Company Description
Comet Industries Ltd. holds and manages real estate properties and the properties under development in the British Columbia. It is involved in the business of holding mineral properties. It holds a 40% working interest in five crown granted minera...
Comet Industries Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.10K | 3.24K | 352.90K | 609.50K | 424.65K |
| Gross Profit | -44.11K | -38.11K | 276.29K | 608.44K | 423.53K |
| EBITDA | -707.10K | -455.37K | 9.23M | -37.65K | -88.94K |
| Net Income | -567.54K | -400.04K | 8.15M | -121.14K | 360.19K |
Balance Sheet | |||||
| Total Assets | 12.48M | 9.91M | 11.27M | 2.51M | 2.65M |
| Cash, Cash Equivalents and Short-Term Investments | 656.47K | 3.79M | 8.53M | 730.98K | 826.70K |
| Total Debt | 2.03M | 43.06K | 79.88K | 715.41K | 738.23K |
| Total Liabilities | 3.24M | 234.41K | 1.23M | 884.20K | 909.72K |
| Stockholders Equity | 9.24M | 9.67M | 10.03M | 1.62M | 1.74M |
Cash Flow | |||||
| Free Cash Flow | -305.87K | -1.49M | -728.98K | -52.90K | -41.30K |
| Operating Cash Flow | -305.87K | -1.49M | -710.98K | -52.90K | -41.30K |
| Investing Cash Flow | -4.79M | -3.25M | 9.21M | 0.00 | 608.38K |
| Financing Cash Flow | 1.97M | -3.24K | -695.41K | -42.82K | -51.73K |
Comet Industries Technical Analysis
Negative
5.58
Price Trends
5.69
Negative
5.75
Negative
4.91
Positive
Market Momentum
-0.05
Negative
40.53
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CMU, the sentiment is Negative. The current price of 5.58 is above the 20-day moving average (MA) of 5.51, below the 50-day MA of 5.69, and above the 200-day MA of 4.91, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 40.53 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CMU.
Comet Industries Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$26.37M | -43.21 | -6.62% | ― | 397.22% | -14.79% | |
49 Neutral | C$47.70M | -16.32 | -368.32% | ― | ― | 69.40% | |
46 Neutral | C$39.67M | -13.77 | -420.65% | ― | ― | 37.82% | |
44 Neutral | C$21.25M | -3.69 | -253.06% | ― | ― | 2.24% | |
44 Neutral | C$16.43M | -15.17 | -6.40% | ― | ― | -55.91% | |
40 Underperform | C$4.31M | -7.94 | -21.92% | ― | ― | 6.64% |
* General Sector Average
TSE:CMU
Comet Industries
5.50
1.64
42.49%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.