Evolution Mining Limited (CAHPF)
ÜberbewertetFundamental
68
Kurs
$13.08
Marktkapitalisierung
$27.97B
Teil 1 · Was das Unternehmen wert ist
Übersicht
Evolution Mining is an Australian miner that digs up and processes rock to extract gold, with copper as a significant byproduct at some of its mines. It operates a portfolio of underground and open-pit mines, including Cowal, Ernest Henry, Red Lake, Mungari and Northparkes, spanning Australia and Canada. It does not sell to a single end customer; it produces gold bullion and copper concentrate that are sold into global commodity markets at prevailing prices.
Wie das Geld verdient wird
Revenue is simply ounces of gold and tonnes of copper produced, multiplied by the market price on the day they are sold; Evolution has little influence over that price. Gold is the primary product across the portfolio, with copper — produced mainly at Ernest Henry and Cowal — a smaller but meaningful secondary contributor. Because mining and processing costs are largely fixed once a mine is running, profit is highly sensitive to swings in the gold and copper price.
Wettbewerbsvorteil
Kein erkennbarer Vorteil · KeinerGold and copper are undifferentiated commodities sold at a price set by global markets, not by Evolution. A mining company can have better or worse ore bodies and lower or higher costs than its peers, but it cannot charge more for its gold than anyone else does, so there is no durable competitive advantage in the way a brand or a patent provides one.
Was die Nachfrage antreibt
ZyklischEvolution's results move with global gold and copper prices, which themselves swing with macroeconomic cycles: gold tends to rise when investors seek a safe haven during uncertainty or falling real interest rates, while copper tracks industrial and construction activity worldwide. A period of high metal prices can lift profit sharply, and a downturn in prices compresses it just as fast, independent of how well the mines themselves are run.
Die Argumente dafür
Buyers argue that record gold and copper output, combined with strong metal prices, has already delivered record profit and a higher dividend, and that a long-life, multi-mine portfolio spread across two countries reduces the risk of any single operation disappointing.
Die Argumente dagegen
Sellers worry that today's record results depend on metal prices Evolution does not control and that could fall back, that mining carries operational risks such as lower ore grades or unexpected costs at any given site, and that a portfolio built around a handful of mines leaves less room to absorb a problem at one of them.
Written by the editors, published on 18. August 2026
Direct competitors
Who this company fights with for the same customers
Generated on 18. September 2026 with claude-haiku-4-5 — shared with all users
The world's largest gold miner, producing gold and copper from the Boddington and Tanami mines in Australia, the same metals and the same domestic operating ground as Evolution.
The other large ASX-listed gold producer, mining the same Western Australian and multi-mine gold portfolio and competing with Evolution for the same ounces, assets, skilled workers and gold-equity investors.
A mid-tier Western Australian gold producer running the same hub-and-spoke model around Mt Magnet and Edna May, bidding against Evolution for Australian gold deposits and acquisitions.
An Australian pure-play gold producer with the Duketon operations and a stake in Tropicana, selling the same metal out of the same Australian cost base.
A fast-growing gold producer consolidating the Leonora district of Western Australia, competing directly with Evolution for regional gold assets and for the same investors in ASX gold stocks.
Bilanz & Liquidität
Umsatz
$5.59B
Letzte 12 Monate bis zum zuletzt gemeldeten Quartal — Schätzung aus Kennzahlen je Aktie
Nettogewinn
$1.49B
Letzte 12 Monate bis zum zuletzt gemeldeten Quartal — Schätzung aus Kennzahlen je Aktie
Freier Cashflow
$1.16B
Gesamtes Eigenkapital
$5.87B
Gesamtverbindlichkeiten
$1.44B
Current Ratio
1.82
Zinsdeckungsgrad
-
Schulden/EBITDA
0.46
Gewinn je Aktie
Umsatz & Nettogewinn
Freier Cashflow
Ertragsaufschlüsselung
Historische Aufstellung
Margen im Zeitverlauf
Verschuldung im Zeitverlauf
Wie schwer die Schulden wiegen
Wachstumsraster
Wachstum — Umsatz
Innerer-Wert-Schätzung
Innerer Wert
$10.22
Aktueller Kurs
$13.08
Sicherheitsmarge
-28.0%
Innerer-Wert-Spanne
$6.65 - $13.80
Streubreite zwischen den verwendeten Bewertungsmethoden, kein statistisch kalibriertes Konfidenzintervall.
Bewertungsmethoden
Bewertungskennzahlen
P/E-Verhältnis
17.90
ROE
27.4%
P/B-Verhältnis
4.54
P/FCF
24.01
Bruttomarge
45.4%
ROIC
25.5%
Rentabilitäts-Radar
Wertschöpfung (Wettbewerbsvorteil)
ROIC
25.5%
WACC
16.2%
ROIC − WACC
+9.3 pp
Der ROIC übersteigt die Kapitalkosten: Das Unternehmen schafft Wert für die Aktionäre.
Fundamentalanalyse-Kriterien
Bestanden (15)
- Price CAGR 20.46%
- ROIC 25.5%
- Gross Margin 45.4%
- P/FCF 24.01
- Debt/Equity ratio
- Operating Margin 39.4%
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- ROE 25.7%
- Revenue Growth 5Y 24.4%
- Earnings Surprise avg 13.0%
- PEG Ratio 0.66
- Earnings Quality (OCF/NI) 1.79
- Net Margin Trend 26.5% vs 21.3%
Nicht bestanden (6)
- P/B Ratio 4.54
- CapEx intensity
- Price below Graham Number
- DCF valuation (Overvalued)
- Analyst Consensus 48% Buy
- Piotroski F-Score 2/9
Nicht verfügbar (6)
- EPS data insufficient
- Dividend Payout NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Share Dilution (missing shares data)
Piotroski F-Score
Ernsthafte finanzielle Bedenken
Gewinnqualität
Hohe Qualität: Gewinne durch Cashflow gedeckt
Aktienverwässerung
Aktienrückkäufe. Aktionärsfreundlich
Institutionelle Beteiligungen
Für dieses Unternehmen liegen keine institutionellen Meldungen vor.
Unternehmensführung
Führungsteam
| Name | Position | Alter |
|---|---|---|
| Mr. Lawrence John Conway BBus, C.P.A., MAICD | CEO, MD & Director | - |
| Ms. Frances Summerhayes | Chief Financial Officer | - |
| Mr. Matthew O'Neill | Chief Operating Officer | - |
| Ms. Nancy Guay | Chief Technical Officer | - |
| Peter O'Connor | General Manager of Investor Relations | - |
| Mr. Evan Elstein A.C.A., B.Com., FCIS, GradDipACG | Company Secretary and VP of IT, Communications & Corporate Affairs | - |
| Mr. Kirron Schmidt | Vice President of Corporate Development | - |
| Mr. Paul Eagle CAHRI, MNLP | Vice President of People & Culture | - |
| Ms. Fiona Murfitt | Vice President of Sustainability | - |
Prüfungsrisiko
2
Vorstandsrisiko
6
Vergütungsrisiko
9
Aktionärsrechterisiko
7
Teil 2 · Der Preis und der Einstiegszeitpunkt
Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.
Latest News
Recent headlines for CAHPF, sourced from Markets Gazette.