Morningstar sees growth for Australia's Ventia on contract wins, structural tailwinds

Ventia Services

02/02/2026 19:16

** Morningstar says infrastructure services provider Ventia Services VNT.AX capped off 2025 with flair, securing two final wins: a defence clothing services deal and a major NSW Government cleaning contract

** Brokerage keeps fair value estimate of A$5.40 per share unchanged

** Says, while it’s too early for a definitive read, even if the announced deals represent the full tally for the period, they would still surpass the prior 3‑year average by ~5%

** Adds, the growth rate could prove even stronger, given that in prior years, individually announced deals typically represented only about one‑third of the total ultimately disclosed at results

** Ventia remains superbly positioned to harness major structural tailwinds -- from population‑driven urban density and mounting infrastructure strain to sustainability‑focused investment, among others

** 4 of 9 analysts rate the stock "buy" or higher, while the rest rate is as "hold"; their mean PT is A$5.97 – LSEG data

** Stock down 2.5% as of last close

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))