Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Evolution Mining's Enterprise Value is A$25,350 Mil.
Evolution Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,026 Mil. Therefore, Evolution Mining's EV-to-EBIT ratio for today is 12.51.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Evolution Mining's Enterprise Value is A$25,350 Mil.
Evolution Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,757 Mil. Therefore, Evolution Mining's EV-to-EBITDA ratio for today is 9.19.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Evolution Mining's Enterprise Value is A$25,350 Mil.
Evolution Mining's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$5,164 Mil. Therefore, Evolution Mining's EV-to-Revenue ratio for today is 4.91.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Evolution Mining's Enterprise Value is A$25,350 Mil.
Evolution Mining's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,165 Mil. Therefore, Evolution Mining's EV-to-FCF ratio for today is 21.75.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Evolution Mining (ASX:EVN) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Evolution Mining's current Enterprise Value is A$25,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Evolution Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,026 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Evolution Mining's current Enterprise Value is A$25,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Evolution Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,757 Mil.
Evolution Mining's current Enterprise Value is A$25,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Evolution Mining's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$5,164 Mil.
Evolution Mining's current Enterprise Value is A$25,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Evolution Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,385 Mil.
Evolution Mining's current Enterprise Value is A$25,350 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Evolution Mining's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,165 Mil.
* 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.
Evolution Mining Enterprise Value Related Terms
Evolution Mining Enterprise Value Historical Data
* Premium members only.
The historical data trend for Evolution Mining's Enterprise Value 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.
For the Gold subindustry, Evolution Mining's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Mining's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Evolution Mining's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Evolution Mining's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
What does a Enterprise Value of A$25,350 Mil mean?
Evolution Mining (ASX:EVN) has a Enterprise Value of A$25,350 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Evolution Mining and its competitors.
Is Evolution Mining's Enterprise Value too high?
Evolution Mining's current Enterprise Value is A$25,350 Mil. Overall, Evolution Mining has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Mining's Enterprise Value compare to NEM and AU?
Evolution Mining's Enterprise Value of A$25,350 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Evolution Mining and its competitors. Evolution Mining's current Enterprise Value is A$25,350 Mil. 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$8.32, compared to a current price of A$12.23 — trading 47% above its estimated fair value. The current Enterprise Value is A$25,350 Mil. Evolution Mining's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Evolution Mining (ASX:EVN), the current Enterprise Value is A$25,350 Mil as of Jun. 28, 2026. 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$12.23 is trading 47% above its estimated GF Value™ of A$8.32.
GuruFocus considers Evolution Mining to be Significantly Overvalued.
Key valuation signals for ASX:EVN:
Enterprise Value: A$25,350 Mil
GF Value™: A$8.32 vs. price of A$12.23 (47% 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.
92GF Score
Get the complete analysis for ASX:EVN
Enterprise Value 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 
