Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Evolution MiningASX:EVN +2.39%85 Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates ASX:EVN with a GF Score™ of 85/100 and a GF Value™ of A$8.18 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,659 Metals & Mining companies, Evolution Mining ranks better than 87.55% on this metric.
Evolution Mining's Enterprise Value for the quarter that ended in Dec. 2025 was A$26,258 Mil.
Evolution Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,026 Mil. Evolution Mining's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Evolution Mining's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASX:EVN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.53 Med: 5.5 Max: 10.15
Current: 7.3
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Evolution Mining was 10.15%. The lowest was 0.53%. And the median was 5.50%.
ASX:EVN's Earnings Yield (Joel Greenblatt) % is ranked better than 87.55% of 2659
companies
in the Metals & Mining industry
Industry Median: -6.61
vs ASX:EVN: 7.30
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Evolution Mining's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Evolution Mining Earnings Yield (Joel Greenblatt) % Related Terms
Evolution Mining Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Evolution Mining's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:EVN vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, Evolution Mining's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Evolution Mining Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Mining's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Evolution Mining's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Evolution Minings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Evolution Mining (ASX:EVN) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Evolution Mining and its competitors. Over the past decade, Evolution Mining's Earnings Yield (Joel Greenblatt) % has ranged from 0.53 to 10.15. According to the industry distribution chart, Evolution Mining ranks #331 out of 2659 companies in the Metals & Mining industry, placing it in the top 12.4%.
Is Evolution Mining's Earnings Yield (Joel Greenblatt) % too high?
Evolution Mining's current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 10.15. Based on the distribution chart, Evolution Mining ranks #331 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution Mining has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Mining's Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Evolution Mining ranks #331 out of 2659 companies for Earnings Yield (Joel Greenblatt) %. This places Evolution Mining in the top 12% of its industry — outperforming the majority of peers. Historically, Evolution Mining's own Earnings Yield (Joel Greenblatt) % has ranged from 0.53 to 10.15 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Metals & Mining company?
A good Earnings Yield (Joel Greenblatt) % depends on the Metals & Mining industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Evolution Mining and its competitors. Evolution Mining's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Mining stock overvalued right now?
Based on GuruFocus' analysis, Evolution Mining (ASX:EVN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$8.18, compared to a current price of A$13.72 — trading 67.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Evolution Mining's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Evolution Mining (ASX:EVN), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Evolution Mining (ASX:EVN) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution Mining stock appears to be overvalued.
The current stock price of A$13.72 is trading 67.7% above its estimated GF Value™ of A$8.18.
GuruFocus considers Evolution Mining to be Significantly Overvalued.
Key valuation signals for ASX:EVN:
Earnings Yield (Joel Greenblatt) %: 0.00%
GF Value™: A$8.18 vs. price of A$13.72 (67.7% above fair value)
No single metric tells the full story. See the ASX:EVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution Mining is an Australia-based gold miner. It sold around 750,000 ounces of gold in fiscal 2025 from six wholly or majority owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were purchased in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, the rest of Ernest Henry in 2022 and an 80% stake in the Northparkes copper and gold mine in December 2023. It had roughly 15 years of gold reserves and two decades of copper reserves at the end of December 2024.
85GF Score
Get the complete analysis for ASX:EVN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:EVN has been successfully added to your 
