| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
VRS Stock Overview
Veris Limited provides surveying, professional and advisory, and geospatial services in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.058 |
| 52 Week High | AU$0.086 |
| 52 Week Low | AU$0.053 |
| Beta | 1.09 |
| 1 Month Change | 3.57% |
| 3 Month Change | -12.12% |
| 1 Year Change | -25.64% |
| 3 Year Change | -42.00% |
| 5 Year Change | -76.33% |
| Change since IPO | -71.00% |
Recent News & Updates
Shareholder Returns
| VRS | AU Professional Services | AU Market | |
|---|---|---|---|
| 7D | 5.5% | -3.1% | -2.8% |
| 1Y | -25.6% | 11.5% | 5.8% |
Return vs Industry: VRS underperformed the Australian Professional Services industry which returned 11.5% over the past year.
Return vs Market: VRS underperformed the Australian Market which returned 5.8% over the past year.
Price Volatility
| VRS volatility | |
|---|---|
| VRS Average Weekly Movement | 7.6% |
| Professional Services Industry Average Movement | 5.5% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: VRS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: VRS's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | Michael Shirley | https://www.veris.com.au |
Veris Limited provides surveying, professional and advisory, and geospatial services in Australia. The company’s Veris Australia segment provides an end-to-end spatial data solution, which includes data collection, analysis, interpretation, data hosting and access, modelling, and sharing and insights for clients. This segment also offers professional and data services spanning the surveying, digital and spatial, and town planning and urban design services.
Veris Fundamentals Summary
| VRS fundamental statistics | |
|---|---|
| Market Cap | AU$30.32m |
| Earnings (TTM) | -AU$1.38m |
| Revenue (TTM) | AU$99.56m |
0.3x
P/S Ratio-22.1x
P/E RatioIs VRS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VRS income statement (TTM) | |
|---|---|
| Revenue | AU$99.56m |
| Cost of Revenue | AU$82.32m |
| Gross Profit | AU$17.25m |
| Expenses | AU$18.63m |
| Earnings | -AU$1.38m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0026 |
| Gross Margin | 17.32% |
| Net Profit Margin | -1.39% |
| Debt/Equity Ratio | 62.6% |
How did VRS perform over the long term?
See historical performance and comparisonValuation
Is Veris undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VRS (A$0.06) is trading below our estimate of fair value (A$0.15)
Significantly Below Fair Value: VRS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VRS is unprofitable, so we can't compare its PE Ratio to the Australian Professional Services industry average.
PE vs Market: VRS is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VRS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VRS is overvalued based on its PB Ratio (4x) compared to the AU Professional Services industry average (3.3x).
Future Growth
How is Veris forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.8%
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Veris has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Veris performed over the past 5 years?
-38.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRS is currently unprofitable.
Growing Profit Margin: VRS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VRS is unprofitable, and losses have increased over the past 5 years at a rate of 38.8% per year.
Accelerating Growth: Unable to compare VRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRS is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (9.3%).
Return on Equity
High ROE: VRS has a negative Return on Equity (-18.37%), as it is currently unprofitable.
Financial Health
How is Veris's financial position?
Financial Position Analysis
Short Term Liabilities: VRS's short term assets (A$26.8M) do not cover its short term liabilities (A$33.1M).
Long Term Liabilities: VRS's short term assets (A$26.8M) exceed its long term liabilities (A$22.2M).
Debt to Equity History and Analysis
Debt Level: VRS's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: VRS's debt to equity ratio has increased from 8.5% to 62.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VRS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VRS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.2% per year.
Dividend
What is Veris's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VRS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VRS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VRS is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VRS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Michael Shirley
2.25yrs
Tenure
AU$411,400
Compensation
Dr. Michael Shirley, BSc (Hons), Phd serves as Chief Executive Officer of Veris Australia of Veris Limited since 2020. He served as Chief Executive Officer of Veris Limited since October 2019 until 2020. H...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD296.42K) is about average for companies of similar size in the Australian market ($USD292.62K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: VRS's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: VRS's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VRS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.9%.
Top Shareholders
Company Information
Veris Limited's employee growth, exchange listings and data sources
Key Information
- Name: Veris Limited
- Ticker: VRS
- Exchange: ASX
- Founded: 2006
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Implied Market Cap: AU$30.319m
- Shares outstanding: 522.75m
- Website: https://www.veris.com.au
Location
- Veris Limited
- 3 Hasler Road
- Level 12
- Osborne Park
- Western Australia
- 6017
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:03 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.