Ventia Services Group (ASX:VNT) Net Cash per Share : A$-2.37 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Ventia Services Group Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Ventia Services Group's Net Cash per Share for the quarter that ended in Dec. 2023 was A$-2.37.

The historical rank and industry rank for Ventia Services Group's Net Cash per Share or its related term are showing as below:

ASX:VNT's Price-to-Net-Cash is not ranked ^*
in the Construction industry.
Industry Median: 6.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ventia Services Group Net Cash per Share Historical Data

The historical data trend for Ventia Services Group's Net Cash per Share 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.

* Premium members only.

Ventia Services Group Net Cash per Share Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Net Cash per Share

-2.47

-2.41

-2.37

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	-2.47	-2.51	-2.41	-2.49	-2.37

Competitive Comparison of Ventia Services Group's Net Cash per Share

For the Infrastructure Operations subindustry, Ventia Services Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Price-to-Net-Cash falls into.

Ventia Services Group Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Ventia Services Group's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(338.7	-	2363.4	-	0)	/	855.484
=	-2.37

Ventia Services Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(338.7	-	2363.4	-	0)	/	855.484
=	-2.37

Ventia Services Group (ASX:VNT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Ventia Services Group Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Ventia Services Group's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Net Cash per Share

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is 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.