Ventia Services Group Ltd VNT

Stock XASX Rating as of Oct 2, 2026

A$6.12 +0.04 (0.66%)

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As of Oct 2, 2026, 6:10:27 AM Delayed Price Closed

Company Report

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Ventia Earnings: Strong Margin Gains Counter Softer Base Services Revenue

Mark Taylor Aug 24, 2026

Infrastructure services provider Ventia reported a 9% increase in first-half 2026 underlying net profit after tax to AUD 128 million. Underlying EBITDA improved 10% to AUD 244 million, with a 110-basis-point jump in margin to 8.4% more than offsetting softer revenue. Shares rose over 5% Aug. 24.

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Price vs Fair Value

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VNT is trading at a LOCK|yBS premium.

Price

A$6.12

Oct 2, 2026

Fair Value

Aug 24, 2026

Uncertainty

LOCK|GB<?

1-Star Price: @.t
5-Star Price: Q.>
Economic Moat: LOCK|Cg
Capital Allocation: LOCK|$G$@<t

Bulls Say, Bears Say

Bulls

The maintenance services market is expected to grow strongly, supported by the fair winds of population growth, rising outsourcing rates, and increasingly stringent environmental regulation.

Bears

Ventia’s markets are fragmented, with a diverse range of service providers, making it difficult to drive home competitive advantage comprehensively.

Trading Information

Previous Close Price: A$6.08
Day Range: A$6.07–6.15
52-Week Range: A$4.91–6.81
Bid/Ask: A$6.12 / A$6.16
Shares Outstanding: 815.61M
Market Cap: A$4.99B
Volume/Avg: 2M / 2M

Key Statistics

Price/Earnings (Normalized): 20.11
Price/Sales: 0.84
Dividend Yield (Trailing): 3.97%
Dividend Yield (Forward): 3.84%
Dividend Payment Schedule: Apr, Oct
Total Yield: 7.52%

Company Profile

While Ventia is not the largest player with an estimated sub 10% share of addressable markets, it is nonetheless a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.

Sector: Industrials
Industry: Infrastructure Operations
Stock Style Box: Mid Core
Total Number of Employees: —
Website: https://www.ventia.com

Competitors

Sodexo

SW

Valuation

Metric	VNT	SW
Price/Earnings (Normalized)	20.11	13.84
Price/Book Value	9.20	2.17
Price/Sales	0.84	0.33
Price/Cash Flow	13.54	7.81

Price/Earnings

VNT

Financial Strength

Metric	VNT	SW
Quick Ratio	0.68	0.92
Current Ratio	1.15	1.02
Interest Coverage	6.97	4.30

Quick Ratio

VNT

Profitability

Metric	VNT	SW
Return on Assets (Normalized)	8.67%	4.13%
Return on Equity (Normalized)	47.33%	16.34%
Return on Invested Capital (Normalized)	19.30%	7.56%

Return on Assets

VNT

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