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Comet Industries
(CMU)
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Rating:50Neutral
Price Target:
C$4.00
▲(5.26% Upside)
Action:Reiterated
Date:01/08/26
The score is held back primarily by severe TTM profitability weakness (minimal revenue, deeply negative margins, and widening losses). Balance-sheet deleveraging and recently positive operating/free cash flow provide some support, but technical indicators remain soft (negative MACD and trading below major moving averages), and valuation signals are unfavorable due to losses (negative P/E).
Positive Factors
Strong balance sheet leverage
The company’s extremely low leverage (TTM debt-to-equity ~0.004) and large equity cushion provide durable financial flexibility. Over 2–6 months this reduces refinancing risk, supports sustained R&D and capex spending, and allows the firm to absorb operational setbacks without forced asset sales.
Negative Factors
Severely weak TTM profitability
TTM profitability is materially impaired: negligible revenue (3,238) and a large net loss (-739,530) with deeply negative margins. This persistent lack of scale undermines return generation, hinders reinvestment capacity and creates structural risk unless sustained topline and margin recovery occurs.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet leverage
The company’s extremely low leverage (TTM debt-to-equity ~0.004) and large equity cushion provide durable financial flexibility. Over 2–6 months this reduces refinancing risk, supports sustained R&D and capex spending, and allows the firm to absorb operational setbacks without forced asset sales.
Read all positive factors
Comet Industries (CMU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$27.81M
Dividend YieldN/A
Average Volume (3M)3.00
Price to Earnings (P/E)―
Beta (1Y)0.10
Revenue Growth397.22%
EPS Growth-39.62%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-0.15
Shares Outstanding4,794,528
10 Day Avg. Volume0
30 Day Avg. Volume3
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...
How the Company Makes Money
Comet Industries generates revenue through multiple streams, primarily by manufacturing and selling high-performance materials and components to various industries. Key revenue streams include contracts with aerospace manufacturers for precision-e...
Comet Industries Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
78
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Jan 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.24K | 16.10K | 3.24K | 352.90K | 609.50K | 424.65K |
| Gross Profit | -56.34K | -44.11K | -38.11K | 276.29K | 608.44K | 423.53K |
| EBITDA | -799.17K | -707.10K | -455.37K | 9.23M | -37.65K | -88.94K |
| Net Income | -739.53K | -567.54K | -400.04K | 8.15M | -121.14K | 360.19K |
Balance Sheet | ||||||
| Total Assets | 10.58M | 12.48M | 9.91M | 11.27M | 2.51M | 2.65M |
| Cash, Cash Equivalents and Short-Term Investments | 1.04M | 656.47K | 3.79M | 8.53M | 730.98K | 826.70K |
| Total Debt | 67.85K | 2.03M | 43.06K | 79.88K | 715.41K | 738.23K |
| Total Liabilities | 1.34M | 3.24M | 234.41K | 1.23M | 884.20K | 909.72K |
| Stockholders Equity | 9.24M | 9.24M | 9.67M | 10.03M | 1.62M | 1.74M |
Cash Flow | ||||||
| Free Cash Flow | 1.25M | -305.87K | -1.49M | -728.98K | -52.90K | -41.30K |
| Operating Cash Flow | 1.25M | -305.87K | -1.49M | -710.98K | -52.90K | -41.30K |
| Investing Cash Flow | -4.61M | -4.79M | -3.25M | 9.21M | 0.00 | 608.38K |
| Financing Cash Flow | -3.24K | 1.97M | -3.24K | -695.41K | -42.82K | -51.73K |
Comet Industries Technical Analysis
Positive
3.80
Price Trends
5.81
Negative
5.05
Positive
4.54
Positive
Market Momentum
0.03
Positive
53.42
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 Positive. The current price of 3.8 is below the 20-day moving average (MA) of 5.81, below the 50-day MA of 5.81, and below the 200-day MA of 4.54, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 53.42 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 Positive sentiment for TSE:CMU.
Comet Industries Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | C$27.81M | -38.85 | -7.80% | ― | 397.22% | -39.62% | |
49 Neutral | C$34.26M | -9.70 | -429.83% | ― | ― | 37.82% | |
46 Neutral | C$35.15M | -13.45 | 428.13% | ― | ― | 71.86% | |
43 Neutral | C$17.41M | -4.94 | 353.04% | ― | ― | 6.56% | |
42 Neutral | C$20.77M | 69.51 | -2.46% | ― | ― | ― | |
| ― | C$9.49M | -7.94 | -21.92% | ― | ― | -60.63% |
* Basic Materials Sector Average
TSE:CMU
Comet Industries
5.80
1.40
31.82%
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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.