Ventia Services Group (NZSE:VNT) Piotroski F-Score: 7 (As of Jul. 11, 2026) — Near Median


NZSE:VNT Ventia Services Group Ltd NZSE:VNT
59 GF Score
Price NZ$7.03
GF Value NZ$5.13
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ventia Services Group Piotroski F-Score?

Ventia Services Group NZSE:VNT +0.29% 59 Piotroski F-Score is 7 as of Jul. 11, 2026, which is at its 10-year median of 7.00. GuruFocus rates NZSE:VNT with a GF Score™ of 59/100 and a GF Value™ of NZ$5.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,731 Construction companies, Ventia Services Group ranks better than 89.31% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ventia Services Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Ventia Services Group's Piotroski F-Score or its related term are showing as below:

NZSE:VNT' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 8
Current: 7

During the past 5 years, the highest Piotroski F-Score of Ventia Services Group was 8. The lowest was 6. And the median was 7.

Ventia Services Group  (NZSE:VNT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Ventia Services Group Piotroski F-Score Related Terms


Ventia Services Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ventia Services Group's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ventia Services Group Piotroski F-Score Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 8.00 7.00

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 6.00 0.00 8.00 0.00 7.00

Ventia Services Group Piotroski F-Score Competitor Comparison

For the Infrastructure Operations subindustry, Ventia Services Group's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ventia Services Group Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Piotroski F-Score falls into.


NZSE:VNT
59GF Score
Ventia Services Group Ltd NZSE:VNT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was NZ$313 Mil.
Cash Flow from Operations was NZ$435 Mil.
Revenue was NZ$7,051 Mil.
Gross Profit was NZ$6,555 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3241.756 + 3332.457) / 2 = NZ$3287.1065 Mil.
Total Assets at the begining of this year (Dec24) was NZ$3,242 Mil.
Long-Term Debt & Capital Lease Obligation was NZ$1,013 Mil.
Total Current Assets was NZ$1,365 Mil.
Total Current Liabilities was NZ$1,406 Mil.
Net Income was NZ$243 Mil.

Revenue was NZ$6,728 Mil.
Gross Profit was NZ$6,235 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3155.485 + 3241.756) / 2 = NZ$3198.6205 Mil.
Total Assets at the begining of last year (Dec23) was NZ$3,155 Mil.
Long-Term Debt & Capital Lease Obligation was NZ$927 Mil.
Total Current Assets was NZ$1,443 Mil.
Total Current Liabilities was NZ$1,336 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ventia Services Group's current Net Income (TTM) was 313. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ventia Services Group's current Cash Flow from Operations (TTM) was 435. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=312.533/3241.756
=0.09640855

ROA (Last Year)=Net Income/Total Assets (Dec23)
=242.652/3155.485
=0.07689848

Ventia Services Group's return on assets of this year was 0.09640855. Ventia Services Group's return on assets of last year was 0.07689848. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ventia Services Group's current Net Income (TTM) was 313. Ventia Services Group's current Cash Flow from Operations (TTM) was 435. ==> 435 > 313 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1013.033/3287.1065
=0.30818381

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=926.531/3198.6205
=0.28966581

Ventia Services Group's gearing of this year was 0.30818381. Ventia Services Group's gearing of last year was 0.28966581. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=1364.948/1406.167
=0.97068698

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1443.131/1336.461
=1.07981527

Ventia Services Group's current ratio of this year was 0.97068698. Ventia Services Group's current ratio of last year was 1.07981527. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Ventia Services Group's number of shares in issue this year was 850.625. Ventia Services Group's number of shares in issue last year was 864.207. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=6555.378/7051.044
=0.92970318

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6235.459/6728.037
=0.92678726

Ventia Services Group's gross margin of this year was 0.92970318. Ventia Services Group's gross margin of last year was 0.92678726. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=7051.044/3241.756
=2.17506931

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=6728.037/3155.485
=2.13217207

Ventia Services Group's asset turnover of this year was 2.17506931. Ventia Services Group's asset turnover of last year was 2.13217207. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ventia Services Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Ventia Services Group (NZSE:VNT) has a Piotroski F-Score of 7 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ventia Services Group and its competitors. This is near median its historical median of 7.00. Over the past decade, Ventia Services Group's Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Ventia Services Group ranks #185 out of 1731 companies in the Construction industry, placing it in the top 10.7%.
Is Ventia Services Group's Piotroski F-Score too high?
Ventia Services Group's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Ventia Services Group's value of 7 is 40% above this industry median. Based on the distribution chart, Ventia Services Group ranks #185 out of 1731 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ventia Services Group has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventia Services Group's Piotroski F-Score compare to competitors?
According to the Construction industry distribution chart, Ventia Services Group ranks #185 out of 1731 companies for Piotroski F-Score. This places Ventia Services Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Ventia Services Group's value of 7 is 40% above this benchmark. Historically, Ventia Services Group's own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Ventia Services Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,731 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ventia Services Group's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ventia Services Group and its competitors. For the Construction industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ventia Services Group's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ventia Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ventia Services Group (NZSE:VNT) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$5.13, compared to a current price of NZ$7.03 — trading 37% above its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Construction industry median of 5.00. Ventia Services Group's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Ventia Services Group (NZSE:VNT), the current Piotroski F-Score is 7 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ventia Services Group (NZSE:VNT) Overvalued in 2026?

Based on GuruFocus' analysis, Ventia Services Group stock appears to be overvalued. The current stock price of NZ$7.03 is trading 37% above its estimated GF Value™ of NZ$5.13. GuruFocus considers Ventia Services Group to be Significantly Overvalued.

Key valuation signals for NZSE:VNT:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: NZ$5.13 vs. price of NZ$7.03 (37% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 40% above the Construction median (#185 of 1731)

No single metric tells the full story. See the NZSE:VNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ventia Services Group Business Description

Other Exchanges VNT:Australia
Address 155 Miller Street, Level 27, North Sydney, Sydney, NSW, AUS, 2060
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.
59GF Score

Get the complete analysis for NZSE:VNT

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$7.03
Price
NZ$5.13
GF Value