Evolution Petroleum Corporation

NYSEAM:EPM Stock Report

Market Cap: US$152.3m

Evolution Petroleum Valuation

Is EPM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EPM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: EPM ($3.86) is trading below our estimate of future cash flow value ($53.09)

Significantly Below Future Cash Flow Value: EPM is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EPM?

Key metric: As EPM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for EPM. This is calculated by dividing EPM's market cap by their current revenue.
What is EPM's PS Ratio?
PS Ratio1.8x
SalesUS$86.34m
Market CapUS$152.27m

Price to Sales Ratio vs Peers

How does EPM's PS Ratio compare to its peers?

The above table shows the PS ratio for EPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.5x
AMPY Amplify Energy
0.9x-12.08%US$186.6m
EP Empire Petroleum
2.9xn/aUS$101.1m
ANNA AleAnna
3.4xn/aUS$218.9m
EPSN Epsilon Energy
2.7xn/aUS$184.1m
EPM Evolution Petroleum
1.8x-2.26%US$152.3m

Price-To-Sales vs Peers: EPM is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (2.5x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does EPM's PS Ratio compare vs other companies in the US Oil and Gas Industry?

32 CompaniesPrice / SalesEstimated GrowthMarket Cap
PAA Plains All American Pipeline
0.3x5.90%US$17.90b
SUN Sunoco
0.3x6.90%US$10.66b
PBF PBF Energy
0.3x-2.08%US$9.22b
PAGP Plains GP Holdings
0.1x4.40%US$6.45b
EPM 1.8xIndustry Avg. 2.0xNo. of Companies32PS01.63.24.86.48+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: EPM is good value based on its Price-To-Sales Ratio (1.8x) compared to the US Oil and Gas industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is EPM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EPM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.8x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: EPM is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EPM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.86
US$4.94
+27.91%
13.57%US$6.00US$4.25n/a4
Sep ’27US$3.69
US$4.88
+32.11%
15.17%US$6.00US$4.00n/a4
Aug ’27US$3.68
US$4.94
+34.17%
16.94%US$6.25US$4.00n/a4
Jul ’27US$3.64
US$5.06
+39.08%
14.13%US$6.25US$4.50n/a4
Jun ’27US$4.29
US$5.06
+18.01%
14.13%US$6.25US$4.50n/a4
May ’27US$4.84
US$5.06
+4.60%
15.76%US$6.25US$4.00n/a4
Apr ’27US$4.37
US$5.06
+15.85%
15.76%US$6.25US$4.00n/a4
Mar ’27US$4.47
US$5.06
+13.26%
15.76%US$6.25US$4.00n/a4
Feb ’27US$3.94
US$5.14
+30.39%
15.62%US$6.25US$4.00n/a4
Jan ’27US$3.54
US$5.14
+45.13%
15.62%US$6.25US$4.00n/a4
Dec ’26US$4.04
US$5.13
+26.86%
21.95%US$6.25US$4.00n/a2
Nov ’26US$4.38
US$5.38
+22.72%
16.28%US$6.25US$4.50n/a2
Oct ’26US$4.88
US$5.38
+10.14%
16.28%US$6.25US$4.50n/a2
Sep ’26US$5.16
US$5.10
-1.16%
11.76%US$5.70US$4.50US$3.692
Aug ’26US$4.65
US$6.15
+32.26%
25.43%US$8.25US$4.50US$3.683
Jul ’26US$4.83
US$6.15
+27.33%
25.43%US$8.25US$4.50US$3.643
Jun ’26US$4.49
US$6.15
+36.97%
25.43%US$8.25US$4.50US$4.293
May ’26US$4.20
US$6.63
+57.74%
24.53%US$8.25US$5.00US$4.842
Apr ’26US$5.12
US$7.38
+44.04%
11.86%US$8.25US$6.50US$4.372
Mar ’26US$5.04
US$7.38
+46.33%
11.86%US$8.25US$6.50US$4.472
Feb ’26US$5.31
US$7.63
+43.60%
8.20%US$8.25US$7.00US$3.942
Jan ’26US$5.23
US$7.63
+45.79%
8.20%US$8.25US$7.00US$3.542
Dec ’25US$5.86
US$7.63
+30.12%
8.20%US$8.25US$7.00US$4.042
Nov ’25US$5.15
US$7.63
+48.06%
8.20%US$8.25US$7.00US$4.382
Oct ’25US$5.44
US$8.63
+58.55%
4.35%US$9.00US$8.25US$4.882
Sep ’25US$5.15
US$8.63
+67.48%
4.35%US$9.00US$8.25US$5.162
US$4.94
Fair Value
21.8% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 07:59
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evolution Petroleum Corporation is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Sergey PigarevFreedom Broker
Jeffrey GramppNorthland Capital Markets