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Comet Industries Ltd.

Comet Industries Ltd.

TTSXV:CMU
5.00
CAD
-0.50
(-9.09%)
27.57MMarket Cap
Comet Industries Ltd.
TSXV:CMU
(TSX Venture Exchange)

Recent

price

5.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
CAD
0.09
0.09
0.11
0.11
0.12
0.11
0.11
0.12
0.13
0.12
0.07
0.09
0.13
0.07
- -
- -
- -
Revenue per Share
-0.03
-0.03
0.01
-0.02
-0.01
0.01
0.01
- -
0.01
0.01
-0.01
0.08
-0.03
1.7
-0.08
-0.12
- -
Basic EPS, GAAP
-0.01
-0.03
0.02
-0.06
-0.01
0.01
0.02
0.01
- -
0.01
- -
-0.01
-0.01
-0.15
-0.31
-0.06
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
0.04
0.05
0.08
0.07
0.21
0.22
0.22
0.23
0.24
0.3
0.37
0.35
2.15
2.02
1.93
1.88
Book Value per Share
0.02
0.04
0.05
0.08
0.07
0.21
0.22
0.22
0.23
0.24
0.3
0.37
0.35
2.15
2.02
1.93
1.88
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
5
5
5
5
5
5
5
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
1
1
1
- -
- -
1
- -
- -
- -
- -
Sales/Revenue/Turnover
5.14
2.49
22.08
4.01
21.37
-1.36
24.91
15.34
30.44
14.89
2.24
-12.26
-1.86
-260.68
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8
- -
-1
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
11.51
- -
- -
- -
Effective Tax Rate (%)
-38.24
-26.52
5.52
-19.86
-5.01
12.85
6.56
-0.02
6.29
9.7
-21.92
84.82
-19.88
2,309.35
- -
- -
- -
Profit Margin (%)
-1
-1
-1
- -
- -
- -
- -
-1
- -
- -
- -
1
- -
7
4
-2
-5
Working Capital
1
1
- -
1
1
1
1
- -
1
1
1
1
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
1
1
1
1
1
1
2
2
10
10
9
9
Total Equity
- -
- -
0.88
- -
- -
-5.48
1.66
- -
2.01
2.85
- -
-5.16
- -
120.85
- -
- -
- -
Return on Invested Capital (%)
- -
- -
7.39
- -
- -
6.51
4.2
- -
3.98
4.64
- -
16.68
- -
132.02
- -
- -
- -
Return on Capital (%)
-122.27
-83.34
13.81
-34.43
-7.63
9.44
3.35
-0.01
3.53
4.82
-5.56
23.06
-7.21
139.87
-4.06
-6
- -
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Oct'26
Jan'26
Apr'27
ST Debt
- -
2
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
22
17
28

Working Capital

CAD

•

in mil. unless spec.
Oct'26
Jan'26
Apr'27
Total Current Assets
1
1
8
Cash, Cash Equivalents & STI
1
1
6
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
3
13
Payables & Accruals
1
1
3
ST Debt
- -
2
1
Deferred Revenue
- -
- -
9

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
57.19%
106%
-4.52%
Free Cash Flow
201.77%
379.45%
-79.49%
Net Income, GAAP
-3,944.87%
-1,530.85%
41.87%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.02
-0.03
-0.01
-0.03
-0.08
2026
-0.04
- -
-0.03
- -
-0.12
2027
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Comet Industries Ltd. (TSX-V: CMU) is a Canada-based real estate holding and development company focused on acquiring, managing, and developing properties primarily in British Columbia; it holds unimproved land parcels in key locations including the Iron Mask Industrial Park in southwest Kamloops, Nelson Island, Terrace along the Yellowhead Highway, Pender Harbour, and a Gastown building and land parcel in Vancouver. The company maintains a 100% working interest in five crown-granted mineral claims at the Iron Mask property covering approximately 190 contiguous acres, a 51% interest in additional Nelson Island land parcels, and full ownership of two nine-acre parcels near Terrace; it also retains a 40% working interest in the Iron Mask mineral property and a 10% carried net profit interest in contiguous mineral claims, alongside surface land titles in Kamloops. Founded in 1972 and headquartered at 1710-1177 West Hastings Street in Vancouver, British Columbia, Comet targets industrial, commercial, and undeveloped land opportunities for long-term value creation through development and strategic sales. Recent developments include advancing the Iron Mask Industrial Park toward the sale of Phase 1A, with site preparation progressing via Extreme Excavating and achievement of key milestones in infrastructure readiness; the company continues to optimize its portfolio through active property management and exploration of divestitures in high-demand areas like Kamloops.