Evolution Mining Ltd
ASX:EVN
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (9.9), the stock would be worth AU$11.47 (16% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 11.8 | AU$13.62 |
0%
|
| 3-Year Average | 9.9 | AU$11.47 |
-16%
|
| 5-Year Average | 9.3 | AU$10.79 |
-21%
|
| Industry Average | 10.2 | AU$11.81 |
-13%
|
| Country Average | 14.1 | AU$16.27 |
+19%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Evolution Mining Ltd
ASX:EVN
|
28.1B AUD | 11.8 | 20.8 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 34 229.3 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
716.8B ZAR | 11.9 | 12.3 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
187.3B ZAR | 6.9 | 11.5 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
925.9B CNY | 13.1 | 18.1 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
125.1B USD | 11.1 | 17 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
147.8B CAD | 14.8 | 23.1 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
98.3B CAD | 8.7 | 13.8 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
60.6B EUR | 8.7 | 13.9 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
92.5B CAD | 33.4 | 44 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
475.1B HKD | 65.7 | 37.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 9.3 |
| Median | 14.1 |
| 70th Percentile | 24.1 |
| Max | 9 251.5 |
Other Multiples
Evolution Mining Ltd
Glance View
Evolution Mining Ltd., an Australian gold miner, has carved a strategic niche in the international mining landscape through a blend of operational proficiency and a keen focus on sustainability. Founded in 2011, Evolution emerged from a merger of three resourceful companies, quickly establishing itself as a formidable player in the gold mining industry. The company operates several projects across Australia and Canada, notably its flagship mine, Cowal, in New South Wales. These assets offer a robust production capacity and long mine life, contributing significantly to the firm's overall output. By efficiently managing these resources through best-in-class practices and cutting-edge technology, Evolution Mining has managed to optimize its gold extraction process, increasing yield while minimizing environmental impact. The firm's business model is grounded in the notion of creating value through the entire lifecycle of its assets. From exploration to development, and finally, to extraction, Evolution Mining continually seeks to enhance shareholder value. Its revenue stream flows primarily from the sale of gold, which is refined and marketed globally. Additionally, Evolution’s strategy of disciplined cost management ensures profitability even amidst volatile market conditions. By focusing on high-quality, low-cost assets and maintaining a relentless drive for operational excellence, Evolution Mining not only sustains its profitability but also positions itself for future growth in the ever-changing landscape of precious metals. This steadfast approach, coupled with a commitment to safety and community engagement, underscores its standing as a conscientious leader in the mining sector.