Comstock Holding Companies, Inc. (CHCI) stock analysis
Close on Nov 12, 2026Market cap $164.61MP/E 6.8Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Solid20 of 30 checks passed
Comstock Holding Companies passes 20 of the 30 checks behind our score; 7 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 4/6
- Growth
- 4/6
- Past performance
- 6/6
- Financial health
- 6/6
- Dividend
- 0/6
What stands out
Margin of safety over 20%
The price is 21.3% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $15.84 is below our fair value estimate of $20.13.
Return on equity over 15%
Return on equity was 35.9% over the last twelve months and averaged 37.1% over five years.
Return on capital over 10%
Return on invested capital was 39.3%, above the 10% that usually covers the cost of capital.
What to watch
EV/EBITDA above its 5-year median
Comstock Holding Companies's EV/EBITDA of 7.8 is above its 5-year median of 5.7.
P/B above the industry
Comstock Holding Companies's price-to-book of 1.98 is above the Real estate median of 0.84.
No dividend
Comstock Holding Companies has not paid a dividend in the last twelve months.
Valuation4/6
P/E below its 5-year median
Comstock Holding Companies's P/E of 6.7 is below its own 5-year median of 6.9.
P/E below the industry
Comstock Holding Companies's P/E of 6.7 is below the Real estate median of 17.3.
EV/EBITDA above its 5-year median
Comstock Holding Companies's EV/EBITDA of 7.8 is above its 5-year median of 5.7.
P/B above the industry
Comstock Holding Companies's price-to-book of 1.98 is above the Real estate median of 0.84.
Trading below fair value
The share price of $15.84 is below our fair value estimate of $20.13.
Margin of safety over 20%
The price is 21.3% below fair value, more than the 20% cushion we look for.
Growth4/6
Revenue growing 10%+ a year
Revenue grew 16.9% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings growth accelerating
Net income grew 79.1% over the last twelve months, against a 5-year average of 52.3% a year.
Growing faster than the industry
Revenue grew 46.5% over the last twelve months; the Real estate median is 5.4%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin improving
Gross margin was 26.9% over the last twelve months, against 21.4% a year earlier.
Past performance6/6
Return on equity over 15%
Return on equity was 35.9% over the last twelve months and averaged 37.1% over five years.
Return on capital over 10%
Return on invested capital was 39.3%, above the 10% that usually covers the cost of capital.
Return on equity above the industry
Comstock Holding Companies's return on equity of 35.9% is above the Real estate median of 1.5%.
Earnings grew over 5 years
Net income grew 52.3% a year on average over the last five fiscal years.
Net margin above its 5-year average
Net margin was 30.4% over the last twelve months, against a 5-year average of 27.1%.
Net margin above the industry
Comstock Holding Companies's net margin of 30.4% is above the Real estate median of 8.6%.
Financial health6/6
No debt
Comstock Holding Companies has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest well covered
No meaningful interest expense to cover.
Short-term assets cover short-term debts
Current assets are 6.24 times current liabilities.
Low bankruptcy risk
The Altman Z-score is 8.15; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Comstock Holding Companies has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$20.13
The share price is 21% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 12.1× | 6.9× | 17.3× | $28.63 | 44% |
| EV/EBITDA | 7.0× | 5.7× | 8.4× | $14.44 | 39% |
| Earnings power | 7.4% cost of equity | – | – | $10.75 | 17% |
| Fair value | $20.13 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 6.9
- Real estate median 17.3
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $561.74K
- Value traded per 1% price move
- $258.89K
Downside
Medium risk
- Typical loss in a bad month
- 20.0%
- Volatility (annualized)
- 60%
- Sharpe ratio, 1 year
- -0.07
- Beta to the S&P 500 (5Y)
- 0.17
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.6% | +16.9% | +22.8% | +0.2% | |
| Gross profit | +16.7% | +14.1% | +29.6% | +4.8% | |
| Operating income | +16.0% | +14.5% | +35.1% | – | |
| Net income | +17.1% | +32.4% | +52.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 161.3% | 21.3% | 27.9% | |
| Return on assets | -15.2% | 8.6% | 22.8% | |
| Current ratio | – | 2.74 | 5.50 | |
| Interest coverage | -7.8× | – | – | |
| Capex to revenue | 0.1% | – | – | |
| Diluted shares | 3M | 9M | 10M |
Cash use needs five years of cash flow figures
Comstock Holding Companies does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 27.1% | 0.84× | 1.22× | 27.9% |
| FY2024 | 28.4% | 0.89× | 1.28× | 32.5% |
| FY2023 | 17.4% | 0.97× | 1.40× | 23.6% |
| FY2022 | 18.7% | 0.91× | 1.59× | 27.1% |
| FY2021 | 43.8% | 0.86× | 1.98× | 74.5% |
| FY2020 | 9.3% | 0.93× | 2.48× | 21.3% |
| FY2019 | 3.5% | 0.92× | -35.92× | -116.6% |
| FY2018 | -26.7% | 0.38× | -3.55× | 36.1% |
| FY2017 | -11.1% | 0.82× | -4.58× | 41.4% |
| FY2016 | -21.6% | 0.70× | -10.58× | 161.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$17.05M
- Cash generatingOperating cash flow above zero$4.80M
- Return on assets improvedROA up on the prior year29.2% → 26.3%
- Earnings backed by cashOperating cash flow above net income$4.80M vs $17.05M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.52 → 5.50
- No dilutionShare count did not rise10M → 10M
- Gross margin improvedGross margin up on the prior year24.69% → 23.51%
- More efficientAsset turnover rose1.03 → 0.97
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