Evolution MiningASX:EVN -3.81%92 Net Margin % is 27.20% as of Dec. 2025, which is 80% above its 10-year median of 15.12. GuruFocus rates ASX:EVN with a GF Score™ of 92/100 and a GF Value™ of A$8.32 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 843 Metals & Mining companies, Evolution Mining ranks better than 82.09% on this metric.
The historical rank and industry rank for Evolution Mining's Net Margin % or its related term are showing as below:
ASX:EVN'
s Net Margin % Range Over the Past 10 Years
Min: -1.83 Med: 15.12 Max: 25.71
Current: 25.71
ASX:EVN's Net Margin % is ranked better than 82.09% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs ASX:EVN: 25.71
Evolution Mining (ASX:EVN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Evolution Mining Net Margin % Related Terms
Evolution Mining Net Margin % Historical Data
* Premium members only.
The historical data trend for Evolution Mining's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Mining's Net Margin % distribution charts can be found below:
* The bar in red indicates where Evolution Mining's Net Margin % falls into.
* 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 (ASX:EVN) has a Net Margin % of 27.20% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Evolution Mining and its competitors. This is 80% above median its historical median of 15.12. According to the industry distribution chart, Evolution Mining ranks #151 out of 843 companies in the Metals & Mining industry, placing it in the top 17.9%.
Is Evolution Mining's Net Margin % too high?
Evolution Mining's current Net Margin % of 27.20% is 80% above median its 10-year median of 15.12. The Metals & Mining industry median Net Margin % is 3.41. Evolution Mining's value of 27.20% is 697.7% above this industry median. Based on the distribution chart, Evolution Mining ranks #151 out of 843 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 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Mining's Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Evolution Mining ranks #151 out of 843 companies for Net Margin %. This places Evolution Mining in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Evolution Mining's value of 27.20% is 697.7% above this benchmark. While the company's 10-year median is 15.12 vs. the industry median of 3.41, Evolution Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Evolution Mining's current Net Margin % of 27.20% is 697.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Evolution Mining and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution Mining's current Net Margin % is 27.20%, which is 80% above median its own 10-year median of 15.12. 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$11.88 — trading 42.8% above its estimated fair value. The current Net Margin % is 27.20%, which is 80% above median its 10-year median of 15.12 and 697.7% above the Metals & Mining industry median of 3.41. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Evolution Mining (ASX:EVN), the current Net Margin % is 27.20% 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$11.88 is trading 42.8% above its estimated GF Value™ of A$8.32.
GuruFocus considers Evolution Mining to be Significantly Overvalued.
Key valuation signals for ASX:EVN:
Net Margin %: 27.20% (80% above median its 10-year median of 15.12)
GF Value™: A$8.32 vs. price of A$11.88 (42.8% above fair value)
Industry Position: 697.7% above the Metals & Mining median (#151 of 843)
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
Net Margin % 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 
