Ventia Services Group (ASX:VNT) ROC (Joel Greenblatt) %: 128.63% (As of Dec. 2025) — 11% Above Median


ASX:VNT Ventia Services Group Ltd ASX:VNT
62 GF Score
Price A$5.95
GF Value A$4.34
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ventia Services Group ROC (Joel Greenblatt) %?

Ventia Services Group ASX:VNT +1.36% 62 ROC (Joel Greenblatt) % is 128.63% as of Dec. 2025, which is 11% above its 10-year median of 116.40. GuruFocus rates ASX:VNT with a GF Score™ of 62/100 and a GF Value™ of A$4.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,778 Construction companies, Ventia Services Group ranks better than 90.44% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Ventia Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 128.63%.

The historical rank and industry rank for Ventia Services Group's ROC (Joel Greenblatt) % or its related term are showing as below:

ASX:VNT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.33   Med: 116.4   Max: 136.09
Current: 136.09

During the past 5 years, Ventia Services Group's highest ROC (Joel Greenblatt) % was 136.09%. The lowest was 36.33%. And the median was 116.40%.

ASX:VNT's ROC (Joel Greenblatt) % is ranked better than
90.44% of 1778 companies
in the Construction industry
Industry Median: 19.5 vs ASX:VNT: 136.09

Ventia Services Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Ventia Services Group  (ASX:VNT) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Ventia Services Group ROC (Joel Greenblatt) % Related Terms


Ventia Services Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ventia Services Group's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
36.33 85.41 116.40 130.67 133.11

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 124.80 130.24 142.86 147.73 128.63

Ventia Services Group ROC (Joel Greenblatt) % Competitor Comparison

For the Infrastructure Operations subindustry, Ventia Services Group's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's ROC (Joel Greenblatt) % falls into.


ASX:VNT
62GF Score
Ventia Services Group Ltd ASX:VNT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ventia Services Group ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(496.1 + 47.3 + 561.2) - (772.5 + 33.1 + 537.8)
=-238.8

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(280.7 + 44.9 + 620.5) - (629.5 + 32.3 + 510.1)
=-225.8

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ventia Services Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=431.8/( ( (306.6 + max(-238.8, 0)) + (364.8 + max(-225.8, 0)) )/ 2 )
=431.8/( ( 306.6 + 364.8 )/ 2 )
=431.8/335.7
=128.63 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 128.63% mean?
Ventia Services Group (ASX:VNT) has a ROC (Joel Greenblatt) % of 128.63% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ventia Services Group and its competitors. This is 11% above median its historical median of 116.40. Over the past decade, Ventia Services Group's ROC (Joel Greenblatt) % has ranged from 36.33 to 136.09. According to the industry distribution chart, Ventia Services Group ranks #170 out of 1778 companies in the Construction industry, placing it in the top 9.6%.
Is Ventia Services Group's ROC (Joel Greenblatt) % too high?
Ventia Services Group's current ROC (Joel Greenblatt) % of 128.63% is 11% above median its 10-year median of 116.40. Over the past 10 years, this metric has ranged from a low of 36.33 to a high of 136.09. The Construction industry median ROC (Joel Greenblatt) % is 19.50. Ventia Services Group's value of 128.63% is 559.6% above this industry median. Based on the distribution chart, Ventia Services Group ranks #170 out of 1778 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 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventia Services Group's ROC (Joel Greenblatt) % compare to competitors?
According to the Construction industry distribution chart, Ventia Services Group ranks #170 out of 1778 companies for ROC (Joel Greenblatt) %. This places Ventia Services Group in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.50. Ventia Services Group's value of 128.63% is 559.6% above this benchmark. Historically, Ventia Services Group's own ROC (Joel Greenblatt) % has ranged from 36.33 to 136.09 over the past decade. While the company's 10-year median is 116.40 vs. the industry median of 19.50, 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 ROC (Joel Greenblatt) % for a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.50, based on 1,778 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ventia Services Group's current ROC (Joel Greenblatt) % of 128.63% is 559.6% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ventia Services Group and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ventia Services Group's current ROC (Joel Greenblatt) % is 128.63%, which is 11% above median its own 10-year median of 116.40. 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 (ASX:VNT) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.34, compared to a current price of A$5.95 — trading 37.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 128.63%, which is 11% above median its 10-year median of 116.40 and 559.6% above the Construction industry median of 19.50. Ventia Services Group's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ventia Services Group (ASX:VNT), the current ROC (Joel Greenblatt) % is 128.63% as of Dec. 2025. 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 (ASX:VNT) Overvalued in 2026?

Based on GuruFocus' analysis, Ventia Services Group stock appears to be overvalued. The current stock price of A$5.95 is trading 37.1% above its estimated GF Value™ of A$4.34. GuruFocus considers Ventia Services Group to be Significantly Overvalued.

Key valuation signals for ASX:VNT:

  • ROC (Joel Greenblatt) %: 128.63% (11% above median its 10-year median of 116.40)
  • GF Value™: A$4.34 vs. price of A$5.95 (37.1% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 559.6% above the Construction median (#170 of 1778)

No single metric tells the full story. See the ASX: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:New Zealand
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.
62GF Score

Get the complete analysis for ASX:VNT

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.95
Price
A$4.34
GF Value