VENTIA SERVICES GROUP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.81 AUD | -1.55% |
|
-2.06% | +21.34% |
| 20/06 | Ventia Secures AU$150 Million Services Contract with Western Power | MT |
| 20/06 | Ventia Services Group Limited Announces It Has Been Awarded New Maintenance Services Contract with Western Power | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,711 | 2,061 | 2,686 | 3,259 | - | - |
| Enterprise Value (EV) 1 | 2,416 | 2,658 | 3,226 | 3,663 | 3,600 | 3,612 |
| P/E ratio | 64.1 x | 10.8 x | 14.3 x | 15.7 x | 14.2 x | 13.4 x |
| Yield | 3.86% | 3.71% | 5.28% | 4.98% | 5.3% | 5.54% |
| Capitalization / Revenue | 0.38 x | 0.4 x | 0.47 x | 0.53 x | 0.5 x | 0.49 x |
| EV / Revenue | 0.53 x | 0.51 x | 0.57 x | 0.6 x | 0.56 x | 0.54 x |
| EV / EBITDA | 6.36 x | 6.33 x | 6.94 x | 7.32 x | 6.79 x | 6.71 x |
| EV / FCF | 11.5 x | 10.6 x | 12.7 x | 11.6 x | 11.2 x | 10.4 x |
| FCF Yield | 8.67% | 9.46% | 7.9% | 8.65% | 8.94% | 9.62% |
| Price to Book | 4.38 x | 3.96 x | 4.71 x | 5.31 x | 4.81 x | 4.33 x |
| Nbr of stocks (in thousands) | 8,55,484 | 8,55,139 | 8,55,333 | 8,55,333 | - | - |
| Reference price 2 | 2.000 | 2.410 | 3.140 | 3.870 | 3.870 | 3.870 |
| Announcement Date | 22/02/22 | 23/02/23 | 20/02/24 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,224 | 4,557 | 5,168 | 5,676 | 6,106 | 6,467 | 6,693 |
| EBITDA 1 | - | 379.9 | 419.8 | 465.2 | 500.5 | 530.3 | 538.2 |
| EBIT 1 | - | 218 | 266.5 | 336.9 | 352.3 | 379 | 399.8 |
| Operating Margin | - | 4.78% | 5.16% | 5.94% | 5.77% | 5.86% | 5.97% |
| Earnings before Tax (EBT) 1 | - | -19.8 | 221.3 | 270.1 | 302.7 | 333.2 | 356.4 |
| Net income 1 | 28 | 19.5 | 191.2 | 189.8 | 209.4 | 233.1 | 248.4 |
| Net margin | 0.87% | 0.43% | 3.7% | 3.34% | 3.43% | 3.6% | 3.71% |
| EPS 2 | - | 0.0312 | 0.2226 | 0.2201 | 0.2462 | 0.2722 | 0.2887 |
| Free Cash Flow 1 | - | 209.6 | 251.5 | 255 | 317 | 322 | 347.5 |
| FCF margin | - | 4.6% | 4.87% | 4.49% | 5.19% | 4.98% | 5.19% |
| FCF Conversion (EBITDA) | - | 55.17% | 59.91% | 54.82% | 63.33% | 60.73% | 64.57% |
| FCF Conversion (Net income) | - | 1,074.87% | 131.54% | 134.35% | 151.38% | 138.15% | 139.87% |
| Dividend per Share 2 | - | 0.0772 | 0.0894 | 0.1659 | 0.1928 | 0.2052 | 0.2145 |
| Announcement Date | 26/10/21 | 22/02/22 | 23/02/23 | 20/02/24 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 S1 | 2025 S2 | 2026 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 2,659 | 2,787 | 2,890 | 1,520 | 1,520 | 3,016 | 1,520 | 1,520 | 3,088 | 1,592 | 3,190 | 3,221 | 3,322 |
| EBITDA | 203.3 | 216.5 | 225.1 | 240.1 | - | - | 249.8 | - | - | 258.1 | - | - | - | - |
| EBIT 1 | 125.3 | 141.2 | 152.3 | 175.3 | 78.7 | 78.6 | 171.2 | 80 | 79.9 | 176.8 | 83.4 | 181.4 | 183.7 | 204.8 |
| Operating Margin | - | 5.31% | 5.47% | 6.07% | 5.18% | 5.17% | 5.68% | 5.26% | 5.25% | 5.72% | 5.24% | 5.69% | 5.7% | 6.17% |
| Earnings before Tax (EBT) 1 | 98.5 | - | 125.5 | 144.6 | 69.8 | 70.9 | 147.7 | 72.5 | 72.5 | 158 | 76.1 | 164.7 | 169.4 | 191.4 |
| Net income 1 | 105 | - | 88.3 | 101.5 | 48.9 | 49.6 | 98.5 | 50.8 | 50.8 | 101.5 | 53.3 | 106.6 | 109 | - |
| Net margin | - | - | 3.17% | 3.51% | 3.22% | 3.26% | 3.27% | 3.34% | 3.34% | 3.29% | 3.35% | 3.34% | 3.38% | - |
| EPS 2 | 0.1229 | - | 0.1025 | 0.1176 | 0.0560 | 0.0570 | 0.1171 | 0.0580 | 0.0580 | 0.1234 | 0.0610 | 0.1326 | 0.1386 | 0.1578 |
| Dividend per Share 2 | - | - | 0.0828 | 0.0828 | 0.0460 | 0.0460 | 0.0936 | 0.0470 | 0.0470 | 0.0975 | 0.0500 | 0.0991 | 0.1012 | - |
| Announcement Date | 24/08/22 | 23/02/23 | 24/08/23 | 20/02/24 | - | - | - | - | - | - | - | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 705 | 597 | 541 | 404 | 342 | 353 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.857 x | 1.423 x | 1.162 x | 0.8076 x | 0.6441 x | 0.6555 x |
| Free Cash Flow 1 | - | 210 | 252 | 255 | 317 | 322 | 347 |
| ROE (net income / shareholders' equity) | - | 69.2% | 36.4% | 34.8% | 36.1% | 36.1% | 35.5% |
| ROA (Net income/ Total Assets) | - | 5.19% | 5.88% | 6.98% | 7.57% | 7.94% | 8.34% |
| Assets 1 | - | 375.5 | 3,253 | 2,720 | 2,767 | 2,935 | 2,978 |
| Book Value Per Share 2 | - | 0.4600 | 0.6100 | 0.6700 | 0.7300 | 0.8000 | 0.8900 |
| Cash Flow per Share 2 | - | 0.3900 | 0.3400 | 0.3600 | 0.4100 | 0.4300 | 0.4700 |
| Capex 1 | - | 36.3 | 38.4 | 50.9 | 63.4 | 67.9 | 70.1 |
| Capex / Sales | - | 0.8% | 0.74% | 0.9% | 1.04% | 1.05% | 1.05% |
| Announcement Date | 26/10/21 | 22/02/22 | 23/02/23 | 20/02/24 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
3.87
AUD
Average target price
3.898
AUD
Spread / Average Target
+0.71%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +21.34% | 220.06Cr | |
| -12.23% | 6.12TCr | |
| +1.08% | 5.93TCr | |
| +23.53% | 3.9TCr | |
| +13.51% | 3.13TCr | |
| +10.54% | 2.85TCr | |
| +13.38% | 2.05TCr | |
| +13.56% | 1.92TCr | |
| +71.06% | 1.73TCr | |
| +33.33% | 1.7TCr |
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- Financials Ventia Services Group Limited
