What is Evolution Mining (EVN)'s P/E ratio?

Evolution Mining (EVN) trades at a P/E of 20.8x (price to trailing 12-month earnings).

What is Evolution Mining (EVN)'s EV/EBITDA?

Evolution Mining (EVN) trades at 9.8x EV/EBITDA.

What is Evolution Mining (EVN)'s P/B ratio?

Evolution Mining (EVN) trades at a P/B of 5.3x.

What is Evolution Mining (EVN)'s dividend yield?

Evolution Mining (EVN)'s trailing 12-month dividend yield is 2.1%.

What is Evolution Mining (EVN)'s return on equity (ROE)?

Evolution Mining (EVN)'s ROE is 24.3%.

What is Evolution Mining (EVN)'s market capitalization?

Evolution Mining (EVN)'s market cap is 30.6 bn AUD.

Evolution Mining (EVN) Stock — Financials, Valuation & Dividends

Price chart

15.35 AUDDay 1.86%

Key metrics

Market

Price

15.35 AUD · 1.86%

Market cap

30.6 bn AUD

Growth

Δ revenue y/y

19.2%

Δ EBITDA y/y

29.8%

Multiples

P/E (LTM)

20.8x

3y avg: 16.4x

P/B (FY)

5.3x

P/E (ann.)

21.6x

EV/EBITDA (LTM)

9.8x

3y avg: 7.1x

EV/EBITDA (ann.)

9.8x

Cash return

Dividend yield

2.1%

FCF yield (LTM)

4.8%

Value creation

to target market cap (spot commodity model)

Upside (potential)

-26.1%

↓ details

Liquidity

Daily turnover (listing)

164.7 mln AUD

Shares: yahoo_fundamentals_timeseries/EVN.AX

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in M AUD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

Date	Period	Status	RevenueM AUD	Operating profitM AUD	D&AM AUD	EBITDAM AUD	Net profitM AUD	Operating CFM AUD	Capex + M&AM AUD	AssetsM AUD	EquityM AUD	ROE (annualized)	Net debtM AUD	Source
2026-06-30	H2 2026 (6M)	OK	2764.4 y/y 27.7% y/y 19.2%	1171.8 y/y 65.3% y/y 39.9%	393.0 y/y 92.5% y/y 6.9%	1564.8 y/y 71.2% y/y 29.8%	708.5 y/y 59.3% y/y 26.3%	1385.3	-598.8	10546.2 y/y 9.4%	5828.8 y/y 17.6%	25.7%	60.2	Link
2025-12-31	H1 2026 (6M)	OK	2794.3 y/y 37.5% y/y 37.5%	1195.7 y/y 101.0% y/y 101.0%	375.0 y/y 1105.1% y/y 1105.1%	1570.7 y/y 151.0% y/y 151.0%	766.6 y/y 110.0% y/y 110.0%	1251.3	-605.6	10021.9 y/y 9.5%	5633.0 y/y 27.2%	29.0%	462.3	Link
2025-06-30	H2 2025 (6M)	OK	2318.6 y/y 31.7% y/y 18.1%	837.4 y/y 56.9% y/y 30.0%	367.8 y/y -40.0% y/y -43.1%	1205.1 y/y 16.0% y/y -6.6%	561.1 y/y 119.3% y/y 72.4%	1133.7	-614.1	9637.2 y/y 9.3%	4957.3 y/y 19.7%	19.7%	982.7	Link
2024-12-31	H1 2025 (6M)	OK	2032.8 y/y 51.7% y/y 51.7%	594.8 y/y 121.3% y/y 121.3%	31.1 y/y 66.1% y/y 66.1%	625.9 y/y 117.7% y/y 117.7%	365.1 y/y 276.9% y/y 276.9%	832.9	-562.3	9153.1 y/y 11.0%	4429.1 y/y 15.1%	17.0%	1484.9	Link
2024-06-30	H2 2024 (6M)	OK	1963.8 y/y 44.5% y/y —	644.2 y/y 130.0% y/y —	646.3 y/y 27.2% y/y —	1290.6 y/y 71.6% y/y —	325.4 y/y 158.3% y/y —	854.8	-526.3	8818.8 y/y 30.6%	4142.2 y/y 25.7%	10.6%	1520.3	—
2023-12-31	H1 2024 (6M)	OK	1340.2 y/y — y/y —	268.8 y/y — y/y —	18.7 y/y — y/y —	287.5 y/y — y/y —	96.9 y/y — y/y —	426.7	-392.0	8248.2 y/y —	3847.5 y/y —	5.4%	1714.0	Link
2023-06-30	FY 2023 (12M)	OK	2285.9 y/y — y/y —	397.0 y/y — y/y —	522.8 y/y — y/y —	919.8 y/y — y/y —	163.5 y/y — y/y —	735.3	-838.7	6752.4 y/y —	3294.9 y/y —	—	1717.3	—

Revenue & EBITDA

RevenueEBITDA

Quarterly values (AUD mln)

Year-over-year change

Cash flow

FCF (AUD mln)

Net debt / cash (AUD mln)

Profit and cash

Profit is cash-backed

In a typical year of 2022–2026 operating cash flow came to 2.40x of reported net profit; after capex, 0.85x.

year	2022	2023	2024	2025	2026
cash flow / profit	2.40x	4.50x	3.04x	2.12x	1.79x
accruals, % of assets	-6.8%	-8.5%	-9.7%	-10.8%	-11.0%

Last twelve months (to 2026-06-30): 1.79x of profit came back as operating cash flow.

net debt / EBITDA 0.0x · capex 1.7x of depreciation

Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Production & Reserves

Physical operating metrics — supplementary, not part of the financial statements

Gold (FY Jun-end; plus copper: FY26 66kt, FY25 76kt; Ore Reserves Dec-2025 also 1.3Mt Cu)

Proved reserves

12 000 koz

2025

Reserve life (R/P)

16.8 yrs

reserves ÷ annual output

Annual production

715 koz

2026

Production, koz

Proved reserves

Year	Reserves, koz
2025	12 000

Production

Year	Production, koz	per day, koz
2026	715 −4.7%	1.96
2025	750.50	2.06

Evolution Mining June 2026 Quarterly Report (yourir.info 2A1684470): FY26 715koz Au + 66kt Cu, AISC $1,717/oz; Annual Mineral Resources and Ore Reserves Statement (Dec-2025, ASX 1 May 2026): Group Ore Reserves 12Moz Au + 1.3Mt Cu; Annual Report 2025: FY25 750,512oz Au + 76,261t Cu. FY27 guidance due 19 Aug 2026 with FY26 results.

Key-commodity price — Gold

Current 4 590spot vs LTM +1%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -26.1%

Main driver: Gold +8% vs LTM; revenue ×1.01 vs costs ×1.04; EBITDA 3 136→2 318; at 9.6× EV/EBITDA → -26%.

Product prices — moves vs the LTM average

Commodity	Share	Spot	LTM	3-yr	vs LTM, $	vs LTM, AUD	3y vs LTM
Gold (rev)	+82%	4 590.14	4 242.24	3 252.95	+8%	-1%	-23%
Copper (rev)	+15%	14 642.23	12 225.59	10 910.11	+20%	+10%	-11%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue	5 559
LTM EBITDA	3 136
LTM cash costs (revenue − EBITDA)	2 423
2 · Revenue projection
Revenue multiplier — spot	×1.010 (+1%)
= Spot revenue	5 615
Revenue multiplier — 3y price	×0.731 (-27%)
= 3-year-price revenue	4 061
3 · Costs projection
Cost multiplier — spot	×1.040 (+4%)
= Spot cash costs	2 520
Cost multiplier — 3y price	×1.040 (+4%)
= 3-year-price cash costs	2 520
4 · EBITDA projection (revenue − costs)
= Spot EBITDA	3 095
= 3-year-price EBITDA	1 541
Conservative EBITDA = min(spot, avg)	2 318
5 · Valuation → target market cap
Historical EV/EBITDA (75th pct)	9.6x
Target EV = EV/EBITDA × conservative EBITDA	22 277
Net debt	60
Target market cap = EV − net debt	22 217
Current market cap	30 074

Upside = target market cap ÷ current − 1 = -26.1%

Life of mine: 17 yrs

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

Period	Act. rev	Model rev	Δ rev	Act. EBITDA	Model EBITDA	Δ EBITDA
2023 FY	2 286	2 018	+13.3%	845	842	+0.3%
2024 FY	3 304	2 561	+29.0%	1 427	1 062	+34.4%
2025 FY	4 351	4 330	+0.5%	1 779	2 378	-25.2%
2026 FY	5 559	6 300	-11.8%	3 136	3 625	-13.5%

Revenue growth & acceleration

Growth decelerating ▼

Last-year revenue growth +28% vs +32% the year before — a -4.0 pp move. 3-year CAGR +34%.

revenue growth by year: 2024 +45% · 2025 +32% · 2026 +28%

The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 9.8x · target 75th pct (3y) 27.2x · LTM avg 10.5x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

Paid (completed)

Date	Per share	Details	Status	Source
2026-03-02	0.2 AUD	Ex-dividend: 0.2 AUD per share	Paid	Yahoo Finance (ex-div)
2025-09-03	0.13 AUD	Ex-dividend: 0.13 AUD per share	Paid	Yahoo Finance (ex-div)
2025-03-03	0.07 AUD	Ex-dividend: 0.07 AUD per share	Paid	Yahoo Finance (ex-div)
2024-08-29	0.05 AUD	Ex-dividend: 0.05 AUD per share	Paid	Yahoo Finance (ex-div)
2024-02-26	0.02 AUD	Ex-dividend: 0.02 AUD per share	Paid	Yahoo Finance (ex-div)
2023-08-30	0.02 AUD	Ex-dividend: 0.02 AUD per share	Paid	Yahoo Finance (ex-div)
2023-02-27	0.02 AUD	Ex-dividend: 0.02 AUD per share	Paid	Yahoo Finance (ex-div)
2022-08-30	0.03 AUD	Ex-dividend: 0.03 AUD per share	Paid	Yahoo Finance (ex-div)
2022-02-27	0.03 AUD	Ex-dividend: 0.03 AUD per share	Paid	Yahoo Finance (ex-div)
2021-08-30	0.05 AUD	Ex-dividend: 0.05 AUD per share	Paid	Yahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Evolution Mining (EVN) — from primary filings.

Evolution Mining Limited explores, develops, and operates gold and gold-copper mines in Australia and Canada, and also sells gold and gold-copper concentrates.

Evolution Mining (EVN) AUD

Price chart

Key metrics

Market

Growth

Multiples

Cash return

Value creation

Liquidity

Financial results

Revenue & EBITDA

Cash flow

Profit and cash

Production & Reserves

Production, koz

Proved reserves

Production

Key-commodity price — Gold

Commodity-player potential

Revenue growth & acceleration

EV/EBITDA — LTM vs projected

Dividends

Paid (completed)

Frequently asked questions