Valuation
Is the price right?Insufficient data
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Bringing the fundamentals into focus…
EMAT Basic MaterialsBeta data
Evolution Metals & Technologies Corp.
$1.64+7.19%
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Basics
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Country
- United States
- Market cap
- 1.0B USD
- Enterprise value
- 1.0B USD
- Full-time employees
- 9
Growth
Is it growing?Insufficient data
Insufficient data: 0 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Profitability
Does it earn well?2/100
Weak
2/3 inputs reported · Partial data
Since last quarter: No major change
Why
Compare with peers Weaker than most peers on:
- ▼ ROA
- ▼ ROIC
Behind the score
Return on invested capital, operating margin, and return on assets.
Operating marginUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0757 · MAD: 0.0617Return on assets-415.6%
SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.78Sector median: 0.0249 · MAD: 0.0265Return on invested capital-595.1%
Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentile33% base weight · Z-score -3.22Sector median: 0.0675 · MAD: 0.0575Other data (not scored)
Gross margin9.4%
Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.2138 · MAD: 0.1202Return on equityUnavailable
Missing · left out of the scoreInformational · 0% composite weightSector median: 0.0537 · MAD: 0.0694Risk
Debt, liquidity, price swingsHigher
Higher relative risk
3/3 inputs reported · High confidence
Since last quarter: No major change
Why
Compare with peers Weaker than most peers on:
- ▼ Current ratio
- ▼ Debt / equity
Behind the score
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Beta0.11
Yahoo Finance · 5-year monthly beta vs the marketOutlier capped at sector 5th/95th percentile33% base weight · Z-score 1.76Sector median: 0.6950 · MAD: 0.2810Current ratio0.16×
Yahoo FinanceOutlier capped at sector 5th/95th percentile33% base weight · Z-score -1.73Sector median: 1.7610 · MAD: 0.6770Debt / equityUnavailable
Shareholders' equity is negative, so debt/equity counts as among the highest in its peer group33% base weight · Z-score -4.82Sector median: 0.3578 · MAD: 0.2929Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Evolution Metals & Technologies
- Is Evolution Metals & Technologies getting weaker?
- Its latest SEC filing (Oct 5, 2026) got weaker in some ways: share count up 4.8%.
- How is Evolution Metals & Technologies valued vs its peers?
- Insufficient data: 1 of 3 inputs reported (at least 2 needed).
- Is Evolution Metals & Technologies growing?
- Insufficient data: 0 of 3 inputs reported (at least 2 needed).
- How profitable is Evolution Metals & Technologies?
- Less profitable than most of its peers. Profitability scores 2/100 against 1,371 basic materials peers. Return on assets -415.6% vs a peer median of 2.5% (weaker than 100% of peers).Return on assets -415.6% vs peers 2.5% (weaker than 100% of peers).
- How risky is Evolution Metals & Technologies?
- Higher risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Beta 0.11 vs a peer median of 0.69 (stronger than 95% of peers).Beta 0.11 vs peers 0.69 (stronger than 95% of peers). Current ratio 0.16× vs a peer median of 1.76× (weaker than 100% of peers).Current ratio 0.16× vs peers 1.76× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Oct 5, 2026 · compared with the quarter ended Mar 31, 2026Got weaker
- Share count up 4.8% (existing holders diluted)
Worth watching: Evolution Metals & Technologies is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Net income (12 months) | −424.1M USD | −395.1M USD | −6.8% |
| Debt | 7.8M USD | 6.2M USD | −20.2% |
| Cash | 5.4M USD | 5.3M USD | −2.5% |
| Shares outstanding | 593.3M | 621.8M | +4.8% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Basic Materials · 121 companiesValuations in Basic Materials are near the top of their range since 2016.
- 84% of months since 2016 were valued lower than now.
- 43% of companies are in the most expensive fifth of their own price-to-sales history.
- Over 24 months, company values +23% and earnings +13% (medians): prices and earnings moved broadly together.
- Median price-to-sales is −9% vs the whole market, against a usual −27%.
Shown for Basic Materials: too few Other Industrial Metals & Mining companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Financials
Fiscal years from SEC annual filings · change vs the prior year| Key ratios | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|
| Return on assets (ROA) | -3.0% | -0.2% | -7.3% | -27.1% | ▼ 20 pts |
| Current ratio | — | 0.00× | 0.00× | 0.02× | ▲ 723% |
EMAT price history
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