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Evolution Mining Ltd
ASX:EVN

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Evolution Mining Ltd
ASX:EVN
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Price: 13.615 AUD -1.48% Market Closed
Market Cap: AU$27.6B

EV/OCF

11.8
Current
19%
More Expensive
vs 3-y average of 9.9

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.

EV/OCF
11.8
=
Enterprise Value
AU$33.2B
/
Operating Cash Flow
AU$2.4B

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.

EV/OCF
11.8
=
Enterprise Value
AU$33.2B
/
Operating Cash Flow
AU$2.4B

Valuation Scenarios

Evolution Mining Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (9.9), the stock would be worth AU$11.47 (16% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-21%
Maximum Upside
+19%
Average Downside
8%
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

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
AU
Evolution Mining Ltd
ASX:EVN
28.1B AUD 11.8 20.8
RU
Polyus PJSC
LSE:PLZL
70.4T USD 34 229.3 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
716.8B ZAR 11.9 12.3
ZA
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
Zijin Gold International Co Ltd
HKEX:2259
475.1B HKD 65.7 37.9

Market Distribution

In line with most companies in Australia
Percentile
42st
Based on 1 376 companies
42st percentile
11.8
Low
0 — 9.3
Typical Range
9.3 — 24.1
High
24.1 —
Distribution Statistics
Australia
Min 0
30th Percentile 9.3
Median 14.1
70th Percentile 24.1
Max 9 251.5

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.

EVN Intrinsic Value
11.494 AUD
Overvaluation 16%
Intrinsic Value
Price AU$13.615
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