Evolution Mining (ASX:EVN) ROCE %: 26.72% (As of Dec. 2025)


ASX:EVN Evolution Mining Ltd ASX:EVN
92 GF Score
Price A$11.88
GF Value A$8.32
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Evolution Mining ROCE %?

Evolution Mining ASX:EVN -3.81% 92 ROCE % is 26.72% as of Dec. 2025. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Evolution Mining's annualized ROCE % for the quarter that ended in Dec. 2025 was 26.72%.

Evolution Mining  (ASX:EVN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Evolution Mining ROCE % Related Terms

Evolution Mining ROCE % Historical Data

* Premium members only.

The historical data trend for Evolution Mining's ROCE % 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.

Evolution Mining ROCE % Chart

Evolution Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.90 9.95 5.55 11.14 17.33

Evolution Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.04 14.66 14.84 19.83 26.72
ASX:EVN
92GF Score
Evolution Mining Ltd ASX:EVN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Evolution Mining ROCE % Calculation

Evolution Mining's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=1431.899/( ( (8818.841 - 979.578) + (9637.154 - 951.803) )/ 2 )
=1431.899/( (7839.263+8685.351)/ 2 )
=1431.899/8262.307
=17.33 %

Evolution Mining's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2377.732/( ( (9637.154 - 951.803) + (10021.907 - 906.743) )/ 2 )
=2377.732/( ( 8685.351 + 9115.164 )/ 2 )
=2377.732/8900.2575
=26.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 26.72% mean?
Evolution Mining (ASX:EVN) has a ROCE % of 26.72% as of Dec. 2025.
Is Evolution Mining's ROCE % too high?
Evolution Mining's current ROCE % is 26.72%. 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 ROCE % compare to NEM and AU?
Evolution Mining's ROCE % of 26.72% 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 ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Evolution Mining's current ROCE % is 26.72%. 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 ROCE % is 26.72%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Evolution Mining (ASX:EVN), the current ROCE % is 26.72% 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:

  • ROCE %: 26.72%
  • GF Value™: A$8.32 vs. price of A$11.88 (42.8% above fair value)
  • GF Score™: 92/100 with 1 warning sign

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 Business Description

Address 175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000
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

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$11.88
Price
A$8.32
GF Value