Veris Limited

ASX:VRS Stock Report

Market Cap: AU$25.0m

Veris Future Growth

Future criteria checks 3/6

Veris is forecast to grow earnings and revenue by 77.7% and 3.5% per annum respectively. EPS is expected to grow by 75.8% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

77.7%

Earnings growth rate

75.8%

EPS growth rate

Professional Services earnings growth15.1%
Revenue growth rate3.5%
Future return on equity10.6%
Analyst coverage

Low

Last updated17 Oct 2024

Recent future growth updates

Recent updates

Further Upside For Veris Limited (ASX:VRS) Shares Could Introduce Price Risks After 29% Bounce

Oct 12
Further Upside For Veris Limited (ASX:VRS) Shares Could Introduce Price Risks After 29% Bounce

Many Still Looking Away From Veris Limited (ASX:VRS)

Aug 01
Many Still Looking Away From Veris Limited (ASX:VRS)

A Look At The Intrinsic Value Of Veris Limited (ASX:VRS)

Jun 05
A Look At The Intrinsic Value Of Veris Limited (ASX:VRS)

Veris (ASX:VRS) Might Have The Makings Of A Multi-Bagger

May 03
Veris (ASX:VRS) Might Have The Makings Of A Multi-Bagger

We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Mar 27
We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

Mar 01
Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

The Return Trends At Veris (ASX:VRS) Look Promising

Jan 19
The Return Trends At Veris (ASX:VRS) Look Promising

Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Mar 06
Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Is Veris (ASX:VRS) Using Too Much Debt?

Jun 29
Is Veris (ASX:VRS) Using Too Much Debt?

Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

May 14
Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Mar 05
Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Is Veris (ASX:VRS) Using Debt In A Risky Way?

Dec 22
Is Veris (ASX:VRS) Using Debt In A Risky Way?

Earnings and Revenue Growth Forecasts

ASX:VRS - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202710344121
6/30/202610033121
6/30/20259722101
6/30/202493-568N/A
12/31/202397136N/A
9/30/202399137N/A
6/30/2023101148N/A
12/31/2022102359N/A
9/30/202297226N/A
6/30/2022921-14N/A
3/31/202287-2N/AN/AN/A
12/31/202181-4-12N/A
9/30/202179-324N/A
6/30/202177-247N/A
12/31/202083-10612N/A
9/30/202088-1649N/A
6/30/202094-2316N/A
12/31/2019104-17-10N/A
9/30/2019106-2923N/A
6/30/2019108-4146N/A
3/31/2019111-38N/AN/AN/A
12/31/2018114-3658N/A
9/30/2018111-1914N/A
6/30/2018107-1-20N/A
3/31/201898-1N/A2N/A
12/31/2017880N/A5N/A
9/30/201781-1N/A5N/A
6/30/201774-1N/A6N/A
3/31/2017821N/A9N/A
12/31/2016903N/A11N/A
9/30/201610511N/A14N/A
6/30/201612120N/A16N/A
3/31/201611013N/A12N/A
12/31/2015997N/A7N/A
9/30/201584-1N/A10N/A
6/30/201569-9N/A12N/A
3/31/201570-4N/A12N/A
12/31/2014721N/A12N/A
9/30/2014933N/A9N/A
6/30/20141135N/A6N/A
3/31/20141256N/A6N/A
12/31/20131377N/A6N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VRS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: VRS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VRS is expected to become profitable in the next 3 years.

Revenue vs Market: VRS's revenue (3.5% per year) is forecast to grow slower than the Australian market (5.8% per year).

High Growth Revenue: VRS's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VRS's Return on Equity is forecast to be low in 3 years time (10.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 00:04
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veris Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Josh KannourakisEL&C Baillieu
Michael YouldenMST Financial Services Pty Limited
Conrad MulherinStifel Canada