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: 14.87 Max: 18.52
Current: 6.39
ASX:EVN's Net Margin % is ranked better than 72.33% of 860
companies
in the Metals & Mining industry
Industry Median: -0.035
vs ASX:EVN: 6.39
Evolution Mining Net Margin % Historical Data
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.
Competitive Comparison of Evolution Mining's Net Margin %
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's Net Margin % Distribution in the 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.
Evolution Mining Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Evolution Mining's Net Margin for the fiscal year that ended in Jun. 2023 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.
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
Thank you for viewing the detailed overview of Evolution Mining's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly 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 bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.
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