Ventia Services Group Limited (VNT) AI Stock Analysis

• Market Cap: AU$4.83B
• Dividend Yield: 3.56%
• Average Volume (3M): 2.49M
• Price to Earnings (P/E): 18.1
• Beta (1Y): 0.82
• Revenue Growth: 1.48%
• EPS Growth: 25.46%
• Country: AU
• Employees: 35,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 0.17
• Shares Outstanding: 826,358,500
• 10 Day Avg. Volume: 3,186,983
• 30 Day Avg. Volume: 2,489,977
• PEG Ratio: 0.80
• Price to Book (P/B): 8.90
• Price to Sales (P/S): 0.81
• P/FCF Ratio: 16.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$6.36
• Price Target Upside: 11.82% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 0.34
• Revenue Forecast (FY): AU$6.49B

• Rating: 64 Neutral
• Price Target: AU$6.00 ▲(5.45% Upside)
• Action: Downgraded Date: 02/20/26
• Date: Action: Downgraded 02/20/26

The score is driven primarily by improving profitability and consistently positive free cash flow, tempered by elevated and rising leverage. Technical signals are mixed with a negative MACD, while valuation appears reasonable and supported by the dividend yield.

Positive Factors

Consistent positive free cash flow

Reliable free cash flow generation underpins the firm's ability to service debt, fund working capital and invest in operations without constant external capital. This cash conversion consistency supports near-term financial flexibility and lowers refinancing risk over a multi-month horizon.

Long-term, sticky contract base

A contract mix weighted to multi-year government and corporate frameworks provides recurring revenue, high client stickiness and predictable demand. This structural revenue visibility reduces short-term volatility in backlog and supports durable service volumes and renewal-led organic revenue over months to years.

Improving profitability and margins

Sustained margin improvement since 2021 shows structural operational progress and better contract execution. Higher EBIT and net income increase internal funding capacity and resilience to cost shocks, supporting reinvestment, contract competitiveness and durable earnings over the next 2–6 months.

Negative Factors

Elevated and rising leverage

Higher debt levels materially increase fixed obligations and constrain financial flexibility. With debt rising year-over-year, the company is more exposed to interest cost shocks and covenant pressure, limiting its ability to fund strategic moves or absorb contract underperformance in the coming months.

Modest net margins

Low single-digit net margins leave limited buffer against wage inflation, subcontractor cost swings or fixed-price contract overruns. Modest margin structure restrains earnings leverage from revenue growth and constrains retained earnings available for reinvestment or accelerated deleveraging.

Volatility in free cash flow and limited self-funding

Intermittent declines and mid-single-digit operating cash conversion limit the firm's capacity to self-fund larger capital needs or acquisitions. Combined with higher leverage, FCF volatility increases reliance on external financing and elevates execution risk if revenue or margins weaken.

Ventia Services Group Limited Business Overview & Revenue Model

Company Description

Ventia Services Group Limited provides infrastructure services in Australia and New Zealand. It offers asset management services, such as asset condition analysis, asset strategy and planning, asset risk optimization, and asset systems and documentation; and digital solutions, including data science and analytics, neural network image processing, panorama property portal, drone solutions, work management systems, remote electronic verification systems, automatic meter readings, NOC services, vianet solutions, and telecommunication system integration services. The company also provides engineering and capital works comprising motorway, tunnel and road network, and electricity and gas maintenance services; design and drafting services; sewer, water, air, water, petroleum, and waste monitoring services; environmental and land management, community engagement, remediation, PFAS remediation, contaminated soil, flood warning systems, and bushfire management systems and plans; and facilities management services, such as integrated, soft, and hard facility management, and clothing services. In addition, it offers network design and building services, such as telecommunications network design and building, site acquisition, and telecommunication system integration; plant and equipment, and operations control room management; incident response and recovery, high voltage technical services; and property and consulting services, which include asset condition analysis and asset management services. The company serves defense, education, energy and electricity, health, industrial, justice, local government, maritime, mining and mineral, oil and gas, property, rail, road, social housing, telecommunications, and water industries. Ventia Services Group Limited was founded in 1956 and is based in North Sydney, Australia.

How the Company Makes Money

Ventia generates revenue primarily through long-term contracts with government and private sector clients, providing essential infrastructure services across multiple sectors. Key revenue streams include facility management services, asset maintenance, and project management for infrastructure development. The company often enters into strategic partnerships and joint ventures, which allow it to bid on larger projects and enhance its service offerings. Additionally, Ventia benefits from a diverse client base, which reduces dependency on any single sector, while its expertise in critical services ensures steady demand and recurring revenue.

Ventia Services Group Limited Financial Statement Overview

Summary

Profitability has improved meaningfully since 2021, with 2025 net income around 272m and EBIT margin rising to ~6.7%, supported by consistently positive free cash flow (~305m in 2025). The key offset is elevated and rising leverage (debt-to-equity ~1.9x in 2025), which increases downside risk despite better earnings and cash conversion.

Income Statement

Revenue expanded strongly from 2020 to 2025 (2025 annual growth ~0.9%), with a clear step-up in profitability since the 2021 loss to 2025 net income of ~272m. Operating performance also improved over time, with EBIT margin rising from ~2.5% (2021) to ~6.7% (2025) and EBITDA margin staying fairly steady around ~8–9% in recent years. Offsetting this, overall margins remain modest for the revenue base (2025 net margin ~4.4%), and growth has moderated materially versus the outsized growth rates seen in 2020–2022.

Balance Sheet

Leverage is meaningful: debt-to-equity is ~1.9x in 2025 (up from ~1.4x in 2024), indicating rising balance-sheet risk even as earnings improved. Equity has grown versus the very weak 2020 base, but total debt remains sizable and has increased in 2025, which reduces flexibility if operating conditions weaken. Total assets are relatively stable (~2.9bn range), suggesting no major asset expansion to offset the higher leverage.

Cash Flow

Cash generation is solid and generally tracks earnings quality well: free cash flow has been consistently positive (2025 ~305m), and free cash flow is a healthy share of net income (roughly ~0.81x in 2025). Operating cash flow has also improved materially versus 2020–2021 levels. The main weakness is volatility in free cash flow growth (2025 down ~3.4% after gains in prior years), and operating cash flow as a share of revenue remains mid-single-digit, which can limit self-funding capacity during slower periods.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.14B	6.11B	5.68B	5.17B	4.56B
Gross Profit	618.10M	5.66B	480.60M	451.80M	286.30M
EBITDA	531.00M	507.30M	467.80M	410.80M	308.00M
Net Income	272.20M	220.20M	189.80M	191.20M	-3.50M
Balance Sheet
Total Assets	2.90B	2.94B	2.93B	2.86B	2.68B
Cash, Cash Equivalents and Short-Term Investments	236.30M	392.80M	338.70M	280.00M	180.20M
Total Debt	1.07B	887.50M	879.30M	877.40M	885.60M
Total Liabilities	2.34B	2.31B	2.36B	2.34B	2.29B
Stockholders Equity	561.10M	630.90M	570.20M	520.90M	390.50M
Cash Flow
Free Cash Flow	305.10M	300.60M	255.00M	251.50M	88.30M
Operating Cash Flow	378.90M	356.20M	305.90M	289.90M	124.60M
Investing Cash Flow	-127.40M	-79.30M	-44.70M	-50.10M	55.90M
Financing Cash Flow	-405.80M	-222.40M	-202.10M	-139.90M	-444.70M

Ventia Services Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VNT, the sentiment is Positive. The current price of 5.69 is above the 20-day moving average (MA) of 5.47, below the 50-day MA of 5.71, and above the 200-day MA of 5.27, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 60.36 is Neutral, neither overbought nor oversold. The STOCH value of 72.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:VNT.

Ventia Services Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MND	65 Neutral	AU$3.26B	30.32	17.57%	2.65%	7.20%	32.60%
VNT	64 Neutral	AU$4.83B	18.08	42.87%	3.56%	1.48%	25.46%
DOW	64 Neutral	AU$5.71B	35.76	6.66%	3.11%	-4.53%	97.67%
NWH	64 Neutral	AU$2.94B	61.41	4.71%	3.20%	12.18%	-73.81%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MGH	59 Neutral	AU$1.72B	21.99	9.26%	1.30%	15.14%	-7.23%
ARA	58 Neutral	AU$100.91M	23.77	2.66%	1.96%	40.89%	175.00%

Ventia Services Group Limited Corporate Events

Ventia Updates Registered Office Location in North Sydney

Ventia Services Group Limited has updated the location of its registered office and principal place of business to Level 27, 155 Miller Street, North Sydney, NSW 2060, while retaining all existing telephone numbers and other contact details. The administrative change has no indicated impact on Ventia’s operational footprint across Australia and New Zealand, and appears to be a routine corporate update rather than a shift in strategic direction for the essential infrastructure services provider.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Sets Date and Investor Call for FY25 Results Release

Ventia Services Group Limited has announced it will release its full-year 2025 financial results for the period ended 31 December 2025 on 19 February 2026, accompanied by a live audio webcast and conference call for analysts and institutional investors. The scheduled event, including a Q&A session via phone for pre-registered participants, underscores the company’s intention to maintain transparent engagement with the investment community ahead of a key financial disclosure that may inform stakeholder views on its performance and positioning in the essential infrastructure services market across Australia and New Zealand.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Reports Lapse of 39,099 Dividend Equivalent Rights

Ventia Services Group Limited has notified the ASX of the cessation of 39,099 dividend equivalent rights (security code VNTAD), which lapsed on 28 November 2025 because the conditions attached to these rights were not, or could no longer be, satisfied. The lapse reduces the pool of potential equity-based entitlements under the company’s incentive arrangements, modestly tightening its fully diluted capital base and signalling that specific performance or vesting hurdles associated with these instruments were not met.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Announces Lapse of 112,009 Share Appreciation Rights

Ventia Services Group Limited has notified the market that 112,009 share appreciation rights (ASX code: VNTAC) have lapsed as of 31 December 2025 because the performance or vesting conditions attached to these conditional rights were not met or became incapable of being satisfied. The cessation of these securities marginally reduces Ventia’s pool of outstanding equity-based incentives, signaling an adjustment to its capital and remuneration structure but is unlikely to materially affect the company’s overall operations or market position.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Announces Lapse of 11,929 Conditional Share Rights

Ventia Services Group Limited has notified the market that 11,929 share rights (ASX code VNTAB) have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied, effective 31 December 2025. The cessation of these conditional share rights slightly reduces the company’s pool of potential equity securities and may marginally affect future dilution expectations for existing shareholders, but does not alter the number of ordinary shares currently on issue.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Issues 53,956 New Shares on Conversion of Unquoted Securities

Ventia Services Group Limited has notified the market of the issue of 53,956 ordinary fully paid shares following the exercise or conversion of previously unquoted equity securities. The new shares, which were issued on 3 October 2025, reflect the conversion of unquoted options or other convertible instruments and result in a modest increase in Ventia’s quoted share capital, slightly diluting existing holders while fulfilling equity commitments tied to its incentive or financing arrangements.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Issues 77,778 Unquoted Share Rights Under Employee Incentive Scheme

Ventia Services Group Limited has notified the Australian Securities Exchange of the issue of 77,778 unquoted share rights under its employee incentive scheme, which are not intended to be quoted on the ASX. The move indicates continued use of equity-based remuneration to incentivise and retain staff, modestly increasing the company’s pool of unquoted securities and further aligning employee interests with those of shareholders.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Cancels 1.38 Million Shares Under On-Market Buy-Back

Ventia Services Group Limited has cancelled 1,376,364 ordinary fully paid shares as part of an on-market share buy-back, effective 15 December 2025. The reduction in issued capital reflects an ongoing capital management initiative that can enhance earnings per share and may signal confidence in the company’s financial position, with implications for shareholder value and liquidity in Ventia’s stock.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Wins $100m NSW Government Cleaning Contract in Western Sydney

Ventia Services Group has secured a NSW Whole-of-Government cleaning services contract for the Western Sydney region worth about $100 million over an initial 18‑month term, with an option for a one‑year extension. The win reinforces Ventia’s long-standing role as a key services partner to the NSW Government, highlights its capability to deliver large-scale, sustainable essential services, and is positioned to support the Western Sydney economy through local hiring and partnerships with small and medium enterprises, ensuring economic benefits flow into the communities served.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Updates Market on Progress of On‑Market Share Buy‑Back

Ventia Services Group Limited has provided an updated notification to the ASX on its ongoing on‑market share buy-back program for its ordinary fully paid shares. As of 19 December 2025, the company reported that it had repurchased a cumulative total of 28,771,368 shares before the previous trading day, with an additional 354,573 shares bought back on the previous day, reflecting the continued execution of its capital management strategy and incremental reduction in shares on issue for existing shareholders.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Updates on Market Buy-Back Progress

Ventia Services Group Limited announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities under the ASX code VNT. As of December 18, 2025, a total of 28,544,289 securities had been bought back cumulatively, with 227,079 securities purchased on the previous day. This buy-back initiative highlights the company’s focus on optimizing its capital structure and delivering value to its shareholders, potentially signaling confidence in its financial position and future prospects.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Announces Cessation of Securities

Ventia Services Group Limited announced the cessation of 1,506,444 ordinary fully paid securities due to an on-market buy-back. This move is part of the company’s capital management strategy, potentially impacting its share value and investor confidence by reducing the number of shares in circulation.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Share Buy-Back Program

Ventia Services Group Limited has announced an update on its ongoing share buy-back program, revealing that a total of 28,239,106 securities have been bought back, with an additional 155,495 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Limited Updates on Buy-Back Program

Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back program. As of December 15, 2025, the company has repurchased a total of 28,067,786 ordinary fully paid securities, with 171,320 bought back on the previous day alone. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Securities Buy-Back Program

Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the company has repurchased a total of 27,749,577 securities, with an additional 318,209 securities bought back on the previous day. This buy-back initiative is part of Ventia’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in the company’s financial health.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Market Buy-Back Program

Ventia Services Group Limited has announced an update on its ongoing on-market buy-back program. As of December 10, 2025, the company has repurchased a total of 27,749,577 ordinary fully paid securities, with 137,935 bought back on the previous day. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and enhance shareholder value, reflecting its commitment to maintaining a robust financial position in the competitive infrastructure services industry.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Market Buy-Back Progress

Ventia Services Group Limited has announced a daily update on its ongoing on-market buy-back program, revealing that a total of 27,490,821 securities have been bought back prior to the previous day, with an additional 120,821 securities purchased on the previous day. This buy-back initiative is part of Ventia’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Market Buy-Back Program

Ventia Services Group Limited has announced an update on its ongoing on-market buy-back program. As of December 8, 2025, the company has repurchased a total of 27,490,821 ordinary fully paid securities, with 136,617 bought back on the previous day. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Market Buy-Back Program

Ventia Services Group Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 391,308 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 26,962,896. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Market Buy-Back Program

Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back program. As of December 3, 2025, the company has repurchased a total of 26,781,588 ordinary fully paid securities, with an additional 181,308 securities bought back on the previous day. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Share Buy-Back Program

Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back program. The company reported the buy-back of 181,141 ordinary fully paid securities on the previous day, adding to the total of 26,600,447 securities bought back to date. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and enhance shareholder value, reflecting its commitment to maintaining a robust financial position.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Buy-Back Program

Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back program. As of December 1, 2025, the company has repurchased a total of 26,600,447 ordinary fully paid securities, with 173,220 bought back on the previous day. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and deliver value to its shareholders.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Share Buy-Back Program

Ventia Services Group Limited has announced an update on its ongoing share buy-back program. As of November 28, 2025, the company has repurchased a total of 26,427,227 ordinary fully paid securities, including 184,094 securities bought back on the previous day. This buy-back initiative is part of Ventia’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Securities Buy-back Program

Ventia Services Group Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the company has bought back a total of 26,243,133 securities, including 146,242 securities purchased on the previous day. This buy-back initiative is part of Ventia’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.50 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.

Ventia Services Group Updates on Market Buy-Back Progress

Ventia Services Group Limited announced an update on its ongoing on-market buy-back program, reporting the repurchase of 230,962 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 25,865,929. This buy-back initiative is part of the company’s strategy to optimize its capital structure, which may enhance shareholder value and reflect confidence in its financial position.

The most recent analyst rating on (AU:VNT) stock is a Buy with a A$6.50 price target. To see the full list of analyst forecasts on Ventia Services Group Limited stock, see the AU:VNT Stock Forecast page.