Evolution Mining Ltd
ASX:EVN

Watchlist Manager
Evolution Mining Ltd Logo
Evolution Mining Ltd
ASX:EVN
Watchlist
Price: 7.99 AUD 1.14% Market Closed
Market Cap: 15.9B AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one EVN stock under the Base Case scenario is 11.14 AUD. Compared to the current market price of 7.99 AUD, Evolution Mining Ltd is Undervalued by 28%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EVN Relative Value
Base Case
11.14 AUD
Undervaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

4.1
P/S
P/S
Price to Sales
4.1
vs History
19
vs Industry
42
Median 3Y
2.8
Median 5Y
3.2
Industry
1.8
Forward
3.7
More Details
23
P/E
P/E
Price to Earnings
23
vs History
46
vs Industry
12
Median 3Y
21.5
Median 5Y
22.5
Industry
15.7
Forward
16.8
More Details
9.4
P/OCF
P/OCF
Price to OCF
9.4
vs History
17
vs Industry
19
Median 3Y
7.8
Median 5Y
8.2
Industry
9.6
More Details
26.9
P/FCFE
P/FCFE
Price to FCFE
26.9
vs History
25
vs Industry
11
Median 3Y
16.3
Median 5Y
15
Industry
16.1
More Details
3.6
P/B
P/B
Price to Book Value
3.6
vs History
9
vs Industry
21
Median 3Y
2
Median 5Y
2.3
Industry
1.5
More Details
4.4
EV/S
EV/S
Enterprise Value to Sales
4.4
vs History
12
vs Industry
40
Median 3Y
3.3
Median 5Y
3.6
Industry
2.1
Forward
4
More Details
13.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.7
vs History
46
vs Industry
25
Median 3Y
13.7
Median 5Y
13.2
Industry
7.1
More Details
15.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
15.2
vs History
46
vs Industry
13
Median 3Y
15.8
Median 5Y
15.1
Industry
10.2
Forward
8.1
More Details
15.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
15.2
vs History
46
vs Industry
16
Median 3Y
15.8
Median 5Y
15.1
Industry
13.2
Forward
13.2
More Details
10.2
EV/OCF
EV/OCF
Enterprise Value to OCF
10.2
vs History
26
vs Industry
20
Median 3Y
9.3
Median 5Y
9.1
Industry
11
More Details
28.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
28.8
vs History
33
vs Industry
9
Median 3Y
28.9
Median 5Y
21.9
Industry
14.5
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
25
vs Industry
30
Median 3Y
1.3
Median 5Y
1.6
Industry
1.3
More Details

Multiples Across Competitors

EVN Competitors Multiples
Evolution Mining Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Evolution Mining Ltd
ASX:EVN
15.9B AUD 4.1 23 15.2 15.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 12 116 37 707.4 20 802.1 23 871.7
ZA
Gold Fields Ltd
JSE:GFI
363.4B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
177.8B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
469.1B CNY 1.5 13 11.1 11.1
US
Newmont Corporation
NYSE:NEM
60B USD 3.1 11.8 6.7 9.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
82.5B CAD 7.2 31.4 12.8 19
CA
Wheaton Precious Metals Corp
TSX:WPM
51.3B CAD 28.8 70 37.1 49.7
CA
Franco-Nevada Corp
TSX:FNV
45.6B CAD 29.5 59.6 33.3 43.8
CA
Barrick Gold Corp
TSX:ABX
45.6B CAD 2.5 15.4 5.4 7.7
ZA
DRDGOLD Ltd
JSE:DRD
24.1B Zac 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
AU
Evolution Mining Ltd
ASX:EVN
Average P/S: 1 524.1
4.1
14%
0.3
RU
P
Polyus PJSC
LSE:PLZL
12 116
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
13%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
11%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
1.5
9%
0.2
US
Newmont Corporation
NYSE:NEM
3.1
0%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
7.2
6%
1.2
CA
Wheaton Precious Metals Corp
TSX:WPM
28.8
15%
1.9
CA
Franco-Nevada Corp
TSX:FNV
29.5
7%
4.2
CA
Barrick Gold Corp
TSX:ABX
2.5
8%
0.3
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
11%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Evolution Mining Ltd
ASX:EVN
Average EV/EBITDA: 2 615.5
15.2
44%
0.3
RU
P
Polyus PJSC
LSE:PLZL
20 802.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
18%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
19%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.1
26%
0.4
US
Newmont Corporation
NYSE:NEM
6.7
4%
1.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
12.8
4%
3.2
CA
Wheaton Precious Metals Corp
TSX:WPM
37.1
14%
2.6
CA
Franco-Nevada Corp
TSX:FNV
33.3
15%
2.2
CA
Barrick Gold Corp
TSX:ABX
5.4
11%
0.5
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
34%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Evolution Mining Ltd
ASX:EVN
Average EV/EBIT: 3 003.4
15.2
21%
0.7
RU
P
Polyus PJSC
LSE:PLZL
23 871.7
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
15%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
16%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.1
N/A N/A
US
Newmont Corporation
NYSE:NEM
9.1
4%
2.3
CA
Agnico Eagle Mines Ltd
TSX:AEM
19
7%
2.7
CA
Wheaton Precious Metals Corp
TSX:WPM
49.7
9%
5.5
CA
Franco-Nevada Corp
TSX:FNV
43.8
14%
3.1
CA
Barrick Gold Corp
TSX:ABX
7.7
8%
1
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
38%
N/A

See Also

Summary
EVN intrinsic value, competitors valuation, and company profile.
DCF Valuation
EVN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
EVN stock valuation using valuation multiples.
Wall Street Estimates
EVN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
EVN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 249,100+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.