Shareholders Should Be Pleased With Evolution Mining Limited's (ASX:EVN) Price
Jan 14
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Australian (ASX) Market Analysis & Valuation
UpdatedJan 15, 2025
DataAggregated Company Financials
Companies1625
- 7D-0.9%
- 3M-1.2%
- 1Y8.9%
- YTD0.03%
In the last week, the market has stayed flat, however the Materials sector stood out, gaining 3.4%. Meanwhile, the market is actually up 8.9% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.
Market Valuation and Performance
Has the Australian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Jan 2025 | AU$2.7t | AU$1.2t | AU$90.2b | 19x | 30.2x | 2.3x |
| Fri, 13 Dec 2024 | AU$2.8t | AU$1.2t | AU$88.9b | 20x | 30.9x | 2.3x |
| Sun, 10 Nov 2024 | AU$2.7t | AU$1.2t | AU$88.4b | 19.6x | 31x | 2.4x |
| Tue, 08 Oct 2024 | AU$2.7t | AU$1.2t | AU$87.4b | 19.6x | 31.1x | 2.4x |
| Thu, 05 Sep 2024 | AU$2.6t | AU$1.2t | AU$87.9b | 19.2x | 29.8x | 2.3x |
| Sat, 03 Aug 2024 | AU$2.6t | AU$1.2t | AU$92.4b | 19.3x | 28.3x | 2.3x |
| Mon, 01 Jul 2024 | AU$2.6t | AU$1.2t | AU$91.8b | 19.1x | 28.2x | 2.2x |
| Wed, 29 May 2024 | AU$2.6t | AU$1.2t | AU$92.1b | 19.6x | 28.2x | 2.2x |
| Fri, 26 Apr 2024 | AU$2.6t | AU$1.2t | AU$91.3b | 19.9x | 28.1x | 2.2x |
| Sun, 24 Mar 2024 | AU$2.6t | AU$1.2t | AU$96.0b | 19.5x | 27x | 2.2x |
| Tue, 20 Feb 2024 | AU$2.6t | AU$1.2t | AU$114.9b | 19x | 22.3x | 2.2x |
| Thu, 18 Jan 2024 | AU$2.5t | AU$1.2t | AU$115.7b | 18.5x | 21.4x | 2.1x |
| Sat, 16 Dec 2023 | AU$2.5t | AU$1.2t | AU$115.2b | 18.4x | 21.6x | 2.1x |
| Mon, 13 Nov 2023 | AU$2.3t | AU$1.2t | AU$118.4b | 17.6x | 19.7x | 2x |
| Wed, 11 Oct 2023 | AU$2.4t | AU$1.2t | AU$119.2b | 17.7x | 19.9x | 2x |
| Fri, 08 Sep 2023 | AU$2.4t | AU$1.2t | AU$120.8b | 18.2x | 20x | 2x |
| Sun, 06 Aug 2023 | AU$2.5t | AU$1.2t | AU$146.1b | 16.8x | 16.9x | 2.1x |
| Tue, 04 Jul 2023 | AU$2.4t | AU$1.2t | AU$145.5b | 16.3x | 16.7x | 2.1x |
| Thu, 01 Jun 2023 | AU$2.4t | AU$1.2t | AU$147.4b | 16x | 16.1x | 2x |
| Sat, 29 Apr 2023 | AU$2.5t | AU$1.2t | AU$145.3b | 16.3x | 16.9x | 2.1x |
| Mon, 27 Mar 2023 | AU$2.2t | AU$1.1t | AU$138.3b | 16x | 16.2x | 2x |
| Wed, 22 Feb 2023 | AU$2.5t | AU$1.3t | AU$142.3b | 16.5x | 17.4x | 1.8x |
| Fri, 20 Jan 2023 | AU$2.5t | AU$1.1t | AU$147.4b | 16x | 16.9x | 2.3x |
| Sun, 18 Dec 2022 | AU$2.4t | AU$1.1t | AU$149.7b | 14.5x | 16x | 2.2x |
| Tue, 15 Nov 2022 | AU$2.4t | AU$1.1t | AU$149.2b | 14.9x | 16.2x | 2.2x |
| Thu, 13 Oct 2022 | AU$2.2t | AU$1.1t | AU$151.5b | 14.5x | 14.9x | 2x |
| Sat, 10 Sep 2022 | AU$2.3t | AU$1.1t | AU$147.1b | 14.8x | 15.9x | 2.2x |
| Mon, 08 Aug 2022 | AU$2.4t | AU$1.0t | AU$132.7b | 15.4x | 17.8x | 2.3x |
| Wed, 06 Jul 2022 | AU$2.3t | AU$1.0t | AU$134.5b | 14.6x | 16.8x | 2.2x |
| Fri, 03 Jun 2022 | AU$2.5t | AU$1.0t | AU$132.7b | 16.2x | 18.7x | 2.4x |
| Sun, 01 May 2022 | AU$2.6t | AU$1.0t | AU$130.9b | 17.6x | 19.7x | 2.5x |
| Tue, 29 Mar 2022 | AU$2.6t | AU$1.0t | AU$128.5b | 17.7x | 20.3x | 2.5x |
| Thu, 24 Feb 2022 | AU$2.6t | AU$1.0t | AU$127.6b | 18x | 20x | 2.5x |
| Sat, 22 Jan 2022 | AU$2.6t | AU$974.6b | AU$103.8b | 18.6x | 24.7x | 2.6x |
Price to Earnings Ratio
24.7x
Current Market PE
- Investors are optimistic on the Australian market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 30.2x which is higher than its 3-year average PE of 21.5x.
Past Earnings Growth
- The earnings for Australian listed companies have declined 4.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Sector Trends
Which sectors have driven the changes within the Australian Market?
| AU Market | -0.93% | |
| Materials | 3.43% | |
| Utilities | 1.99% | |
| Energy | 1.22% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Staples | -0.77% | |
| Telecom | -1.06% | |
| Industrials | -1.39% | |
| Real Estate | -1.42% | |
| Healthcare | -1.73% | |
| Financials | -2.26% | |
| Consumer Discretionary | -2.33% | |
| Tech | -5.38% | |
Sector PE
- Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
- The market's confidence is likely because analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings growth of 6.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings growth rate of 1.5% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 8.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| FMG Fortescue | AU$18.84 | 7.2% +AU$3.9b | -29.6% | PE6.3x | Materials | |
| BHP BHP Group | AU$39.78 | 1.0% +AU$1.9b | -14.6% | PE15.8x | Materials | |
| NST Northern Star Resources | AU$17.28 | 7.6% +AU$1.4b | 40.5% | PE31.1x | Materials | |
| EVN Evolution Mining | AU$5.44 | 8.6% +AU$855.4m | 75.5% | PE25.6x | Materials | |
| WDS Woodside Energy Group | AU$25.78 | 1.3% +AU$626.6m | -16.1% | PE16.3x | Energy |
