VENTIA SERVICES GROUP LIMITED (VNT)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

VNT - VENTIA SERVICES GROUP LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: December
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.9
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.58

20 Nov
2024

-0.100

OPEN

$4.64

-2.14%

HIGH

$4.67

1,323,470

LOW

$4.54

TARGET
$4.56 -0.4% downside
Franking for last dividend paid out: 80%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BSA . CG1 . CLG . CVL . CWY . CXL . DOW . DUR . EGN . EVS . FLC . IPG . LBL . MAD . PPK . RWL . SDV . SHA . SND . SSM . VEE .
FNARENA'S MARKET CONSENSUS FORECASTS
VNT: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 22.2 25.8 xxx
DPS (cps) xxx 17.7 19.4 xxx
EPS Growth xxx - 0.8% 16.0% xxx
DPS Growth xxx 12.5% 9.5% xxx
PE Ratio xxx N/A 17.8 xxx
Dividend Yield xxx N/A 4.2% xxx
Div Pay Ratio(%) xxx 79.9% 75.3% xxx

Dividend yield today if purchased 3 years ago: 8.44%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.87

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 29/02 - ex-div 9.41c (franking 80%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx22.2
DPS All xxxxxxxxxxxx17.7
Sales/Revenue xxxxxxxxxxxx5,676.4 M
Book Value Per Share xxxxxxxxxxxx66.7
Net Operating Cash Flow xxxxxxxxxxxx305.9 M
Net Profit Margin xxxxxxxxxxxx3.34 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx34.79 %
Return on Invested Capital xxxxxxxxxxxx13.78 %
Return on Assets xxxxxxxxxxxx6.55 %
Return on Equity xxxxxxxxxxxx34.79 %
Return on Total Capital xxxxxxxxxxxx22.19 %
Free Cash Flow ex dividends xxxxxxxxxxxx126.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20192020202120222023
Short-Term Debt xxxxxxxxxxxx46 M
Long Term Debt xxxxxxxxxxxx833 M
Total Debt xxxxxxxxxxxx879 M
Goodwill - Gross xxxxxxxxxxxx1,095 M
Cash & Equivalents - Generic xxxxxxxxxxxx339 M
Price To Book Value xxxxxxxxxxxx4.71

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx50.9 M
Capex % of Sales xxxxxxxxxxxx0.90 %
Cost of Goods Sold xxxxxxxxxxxx5,196 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx165 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx8 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

23/08/2024

1

Add

$4.80

4.80%

1H24 earnings for Ventia Services were some -3% below Morgans' expectations and -2% below consensus.

Guidance for 2024 earnings stands at net profit growth of 10%-12% versus previous guidance of 7%-10% growth, the broker highlights.

The company is anticipated it can grow earnings across all sectors it operates in with $17bn work-in-hand.

Add rating with a revised target price of $4.80 from $4.05 with minor tweaks to earnings forecasts.

FORECAST
Morgans forecasts a full year FY24 dividend of 19.00 cents and EPS of 25.00 cents.
Morgans forecasts a full year FY25 dividend of 20.50 cents and EPS of 27.70 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

26/08/2024

1

Buy

$4.75

3.71%

Strong growth in the Defence & Social Infrastructure and Telecommunications divisions propelled FY24 underlying earnings (EBITDA) 9% higher than in FY23 to $245.8m, compared to Canaccord Genuity's $247m estimate.

The broker's main highlight was outlook commentary by management, with guidance upgraded to FY25 NPATA growth of between 10%-12%, up from 7-10%. It's noted key defence contract decisions are pending and will likely be a positive share price catalyst.

An interim dividend of 9.35 cents was declared representing a payout ratio of 75%.

The broker suggests high levels of contracted work underpin the immediate outlook. The Buy rating is maintained, and the target rises to $4.75 from $4.40.

FORECAST
Canaccord Genuity forecasts a full year FY24 dividend of 20.00 cents and EPS of 26.00 cents.
Canaccord Genuity forecasts a full year FY25 dividend of 22.00 cents and EPS of 29.00 cents.
Access Extra Coverage Research History >

VNT STOCK CHART

FNArena News on VNT

1
A Golden Era For Engineering Services?

Oct 30 2024 - Feature Stories
2
Next Week At A Glance – 28 Oct -1 Nov 2024

Oct 25 2024 - Weekly Reports
3
Rudi’s View: Banks, Miners & Quality Small Caps

Sep 26 2024 - Rudi's View
4
Rudi’s View: Key Picks, Best Buys & Conviction Calls

Sep 12 2024 - Rudi's View
5
Australian Broker Call *Extra* Edition – Aug 26, 2024

Aug 26 2024 - Daily Market Reports

Latest Industrial Sector Contractors & Engineers News

1
A Golden Era For Engineering Services?

Oct 30 2024 - Feature Stories
2
How the Tides Turn: Water Scarcity And Services In Australia

Oct 14 2024 - ESG Focus
3
Transitory Headwinds For ALS

Sep 30 2024 - Australia
4
Cleanaway’s Efforts Not Wasted

Sep 23 2024 - Australia
5
IPD Group’s Future Remains Electrifying

Sep 06 2024 - Small Caps
6
It’s Electric Under The Southern Cross

Jul 24 2024 - Small Caps
7
Ventia Services: Unique Mix Of Growth & Defence

Jul 09 2024 - Small Caps
8
In The Bin; ASX-Listed Waste Companies

Nov 02 2023 - Australia
9
Treasure Chest: ALS Has A Turn-Around Option

Sep 19 2023 - Treasure Chest
10
ESG Focus: Waste To Energy Innovators

Jul 18 2023 - ESG Focus