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Evolution Mining Ltd
ASX:EVN

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Evolution Mining Ltd
ASX:EVN
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Price: 13.02 AUD -1.36% Market Closed
Market Cap: AU$26.4B

P/OCF

11.1
Current
35%
More Expensive
vs 3-y average of 8.2

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.1
=
Market Cap
AU$32.7B
/
Operating Cash Flow
AU$2.4B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.1
=
Market Cap
AU$32.7B
/
Operating Cash Flow
AU$2.4B

Valuation Scenarios

Evolution Mining Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (8.2), the stock would be worth AU$9.64 (26% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-26%
Maximum Upside
+19%
Average Downside
8%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 11.1 AU$13.02
0%
3-Year Average 8.2 AU$9.64
-26%
5-Year Average 8.2 AU$9.61
-26%
Industry Average 11.3 AU$13.23
+2%
Country Average 13.2 AU$15.51
+19%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
AU
Evolution Mining Ltd
ASX:EVN
26.8B AUD 11.1 19.9
RU
Polyus PJSC
LSE:PLZL
70.4T USD 34 229.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
680.3B ZAR 11 11.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
175.6B ZAR 6.7 10.8
CN
Zijin Mining Group Co Ltd
SSE:601899
944.7B CNY 12.2 17.8
US
Newmont Corporation
NYSE:NEM
121.8B USD 11.3 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
139.3B CAD 14.6 22.3
CA
Barrick Mining Corp
F:ABR0
58.4B EUR 8.9 13.6
CA
Barrick Gold Corp
TSX:ABX
93.3B CAD 8.7 13.4
CA
Wheaton Precious Metals Corp
TSX:WPM
89.9B CAD 33.2 43
HK
Zijin Gold International Co Ltd
HKEX:2259
454.2B HKD 66.3 36.3

Market Distribution

In line with most companies in Australia
Percentile
43nd
Based on 1 393 companies
43nd percentile
11.1
Low
0.2 — 8.9
Typical Range
8.9 — 19.2
High
19.2 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 8.9
Median 13.2
70th Percentile 19.2
Max 8 864.3

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
11.49 AUD
Overvaluation 12%
Intrinsic Value
Price AU$13.02
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