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Evolution Metals & Technologies Valuation Multiples
Discover revenue and EBITDA valuation multiples for Evolution Metals & Technologies and similar public comparables like Danieli & C. Officine, Erdemir, Hengdian Group Dmegc, Hycroft Mining Holding and more.
Evolution Metals & Technologies Overview
About Evolution Metals & Technologies
Evolution Metals & Technologies Corp is a critical materials and technology company. The company is focused on developing a secure, dependable, and self-sustaining U.S.-aligned supply chain for critical minerals and materials (CMM), and rare earth elements (REEs). The company is also engaged in recycling end-of-life materials through urban mining to help strengthen domestic resource independence and long-term supply stability.
Founded
2021
HQ

Employees
N/A
Website
Financials (LTM)
EV
$5B
Evolution Metals & Technologies Financials
Evolution Metals & Technologies reported last 12-month revenue of $13M and negative EBITDA of ($14M).
In the same LTM period, Evolution Metals & Technologies generated ($14M) in EBITDA losses and had net loss of ($16M).
Revenue (LTM)
Evolution Metals & Technologies P&L
In the most recent fiscal year, Evolution Metals & Technologies reported revenue of $7M and EBITDA of ($2M).
Evolution Metals & Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $13M | XXX | $7M | XXX | XXX | XXX |
| EBITDA | ($14M) | XXX | ($2M) | XXX | XXX | XXX |
| EBITDA Margin | (103%) | XXX | (29%) | XXX | XXX | XXX |
| EBIT Margin | (123%) | XXX | (29%) | XXX | XXX | XXX |
| Net Profit | ($16M) | XXX | ($2M) | XXX | XXX | XXX |
| Net Margin | (119%) | XXX | (26%) | XXX | XXX | XXX |
| Net Debt | — | — | $5M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Evolution Metals & Technologies Stock Performance
Evolution Metals & Technologies has current market cap of $5B, and enterprise value of $5B.
Market Cap Evolution
Evolution Metals & Technologies' stock price is $7.97.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $5B | 0.0% | XXX | XXX | XXX | $-0.00 |
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Start Free TrialEvolution Metals & Technologies Valuation Multiples
Evolution Metals & Technologies trades at 356.7x EV/Revenue multiple, and (348.1x) EV/EBITDA.
EV / Revenue (LTM)
Evolution Metals & Technologies Financial Valuation Multiples
As of March 29, 2026, Evolution Metals & Technologies has market cap of $5B and EV of $5B.
Equity research analysts estimate Evolution Metals & Technologies' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Evolution Metals & Technologies has a P/E ratio of (300.8x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 356.7x | XXX | 676.2x | XXX | XXX | XXX |
| EV/EBITDA | (348.1x) | XXX | (2319.3x) | XXX | XXX | XXX |
| EV/EBIT | (289.0x) | XXX | (2319.3x) | XXX | XXX | XXX |
| P/E | (300.8x) | XXX | (2642.7x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (3563.5x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Evolution Metals & Technologies Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Evolution Metals & Technologies Margins & Growth Rates
Evolution Metals & Technologies' revenue in the last 12 month grew by 1421%.
Evolution Metals & Technologies' rule of 40 is 1318% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Evolution Metals & Technologies' rule of X is 3449% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Evolution Metals & Technologies Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1421% | XXX | 371% | XXX | XXX | XXX |
| EBITDA Margin | (103%) | XXX | (29%) | XXX | XXX | XXX |
| EBITDA Growth | (334%) | XXX | 581% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 1318% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 3449% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 28% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 4% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 29% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Evolution Metals & Technologies Public Comps
See public comps and valuation multiples for other Metals & Mining and Advanced Materials comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Danieli & C. Officine | XXX | XXX | XXX | XXX | XXX | XXX |
| Erdemir | XXX | XXX | XXX | XXX | XXX | XXX |
| Hengdian Group Dmegc | XXX | XXX | XXX | XXX | XXX | XXX |
| Hycroft Mining Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Capricorn Metals | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Evolution Metals & Technologies M&A Activity
Evolution Metals & Technologies acquired XXX companies to date.
Last acquisition by Evolution Metals & Technologies was on XXXXXXXX, XXXXX. Evolution Metals & Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Evolution Metals & Technologies
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialEvolution Metals & Technologies Investment Activity
Evolution Metals & Technologies invested in XXX companies to date.
Evolution Metals & Technologies made its latest investment on XXXXXXXX, XXXXX. Evolution Metals & Technologies invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Evolution Metals & Technologies
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Evolution Metals & Technologies
| When was Evolution Metals & Technologies founded? | Evolution Metals & Technologies was founded in 2021. |
| Where is Evolution Metals & Technologies headquartered? | Evolution Metals & Technologies is headquartered in United States. |
| Is Evolution Metals & Technologies publicly listed? | Yes, Evolution Metals & Technologies is a public company listed on Nasdaq. |
| What is the stock symbol of Evolution Metals & Technologies? | Evolution Metals & Technologies trades under EMAT ticker. |
| When did Evolution Metals & Technologies go public? | Evolution Metals & Technologies went public in 2026. |
| Who are competitors of Evolution Metals & Technologies? | Evolution Metals & Technologies main competitors are Danieli & C. Officine, Erdemir, Hengdian Group Dmegc, Hycroft Mining Holding. |
| What is the current market cap of Evolution Metals & Technologies? | Evolution Metals & Technologies' current market cap is $5B. |
| What is the current revenue of Evolution Metals & Technologies? | Evolution Metals & Technologies' last 12 months revenue is $13M. |
| What is the current revenue growth of Evolution Metals & Technologies? | Evolution Metals & Technologies revenue growth (NTM/LTM) is 1421%. |
| What is the current EV/Revenue multiple of Evolution Metals & Technologies? | Current revenue multiple of Evolution Metals & Technologies is 356.7x. |
| Is Evolution Metals & Technologies profitable? | No, Evolution Metals & Technologies is not profitable. |
| What is the current EBITDA of Evolution Metals & Technologies? | Evolution Metals & Technologies has negative EBITDA and is not profitable. |
| What is Evolution Metals & Technologies' EBITDA margin? | Evolution Metals & Technologies' last 12 months EBITDA margin is (103%). |
| What is the current EV/EBITDA multiple of Evolution Metals & Technologies? | Current EBITDA multiple of Evolution Metals & Technologies is (348.1x). |
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