Veris Ltd (VRS) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Veris Ltd stock A$0.04, price A$0.04, that is 9.9% below the price, quality 55 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range A$0.0370 – A$0.0954 · fair‑value band A$0.0378 – A$0.0422 · the A$0.0420 price screens above the A$0.0378 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
Follow Veris in your weekly email
Every Wednesday you see whether Veris is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Veris Limited provides surveying and spatial data services primarily in Australia. The company offers an end-to-end spatial data solution, which includes data collection, analysis, interpretation, data hosting and access, modelling, and sharing and insights for clients.
Show moreShow less
It also provides engineering and property survey, mapping, digital solutions, reality capture, and health check services. It serves transport, buildings and property, energy and resources, defense, utilities, and government sectors.
Veris Limited was incorporated in 2006 and is headquartered in Jolimont, Australia.
Stock analysis
Veris Ltd (VRS) currently trades at A$0.0420, while our model-based Fair Value estimate is A$0.0378, 10% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of A$0.1500 per share, and 12 of the 26 models we run sit above the A$0.0420 price.
Bear case: the Earnings-Based group reads lowest at A$0.0200, and 14 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.0378 (bear) to A$0.0422 (bull), the price of A$0.0420 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Veris Ltd reported revenue of A$102M in FY2026 versus A$92.4M in FY2022, a compound +2.5%/yr. Reported net income was A$639K in FY2026.
Key figures
Market cap A$23.2M (≈ $16.0M) Micro · P/S ratio 0.24 · Dividend yield 4.8% · Net margin 0.6% · Return on equity 2.4% · Return on assets (EBIT) 1.3% (5-year average) · Operating margin 1.1% · Revenue (TTM) A$102M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −10%, VRS screens cheaper than that median.
Fair Value models
BearA$0.0378Fair Value A$0.0378BullA$0.0422
Price A$0.0420 · Downside -9.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.65/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+4.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.7%
Start year 2021 (pandemic). Over 10 years: −1.7% a year
Revenue growth 19 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.0%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−6.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.5%
Dividend (yield on the price)4.8%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 1%
⚠ Revenue per share shrinking 8.9%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−27.5%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about −29.6% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Engineering & Construction · 791 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−10.0% · Below median
Profitability
Return on equity (12 months)2.4% · Below median
Return on assets0.9% · Below median
Net margin (12 months)0.6% · Below median
Operating margin (12 months)1.1% · Below median
Growth and dividend
Revenue growth (quarter YoY)1.3% · Below median
Dividend yield (12 months)4.8% · Top 25%
Balance sheet
Debt / equity0.02× · Below median
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Veris Ltd Fair Value". https://www.fairvalue-calculator.com/stock/VRS
Frequently asked questions
Is Veris Ltd (VRS) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of A$0.0378 versus a price of A$0.0420, about 10% lower (overvalued).
What is the fair value of VRS?
Our model-based fair value for Veris Ltd is A$0.0378 (as of Nov 5, 2026), built from audited fundamentals. The current price: A$0.0420.
What is the quality score of VRS?
Veris Ltd has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Veris Ltd (VRS)?
Our model-based price target is the fair value of A$0.0378 (as of Nov 5, 2026) from 26 valuation models. Cautious scenario A$0.0378, optimistic scenario A$0.0422. It is a calculation from audited fundamentals, not an analyst target.
What is the Veris Ltd stock forecast for 2026?
Our models put fair value at A$0.0378, about 10% lower versus a price of A$0.0420 (overvalued). Cautious scenario A$0.0378, optimistic scenario A$0.0422. The calculation is refreshed regularly with new filings.
What is the revenue of Veris Ltd (VRS)?
Veris Ltd reported trailing-twelve-month revenue of about A$102M (latest available figure, as of Nov 5, 2026).
Does Veris Ltd pay a dividend?
Veris Ltd currently shows a dividend yield of 4.76% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Veris Ltd (VRS) and when is the ex-dividend date?
Veris Ltd pays a dividend of A$0.002 per share a year, a dividend yield of 4.8%. The last ex-dividend date was Sep 26, 2025. The payout ratio is 173% of earnings. Free cash flow covers the dividend 3.91 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Veris Ltd (VRS)?
For today's price to be fair in a discounted-cash-flow model, Veris Ltd would have to grow free cash flow by -27.5 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.7 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of VRS use?
Our models discount Veris Ltd at 9.5 %: a base by market capitalisation (nano), country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Veris Ltd that is -27.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has Veris Ltd (VRS) delivered so far?
Over the past 5 years revenue at Veris Ltd grew +5.7 % a year. The price currently implies free-cash-flow growth of -27.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Veris Ltd (VRS) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Veris Ltd (-27.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Veris Ltd (VRS)?
The free-cash-flow yield on the price is 19.08 %: that much free cash flow Veris Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Veris Ltd (VRS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Veris Ltd it is A$0.0378 per share (as of Nov 5, 2026), against a price of A$0.0420. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Veris Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, VRS trades above its calculated fair value: price A$0.0420, fair value A$0.0378, a gap of about −10% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of VRS?
No. The price is what the market pays today (A$0.0420); the fair value is what the company's own numbers justify (A$0.0378). For Veris Ltd the two are A$0.0042 per share apart. That gap is exactly why we show both numbers side by side.
How much is Veris Ltd worth?
The market values Veris Ltd at about A$23.2M (market capitalisation, as of Nov 5, 2026). Per share that is A$0.0420; our models calculate a fair value of A$0.0378 per share.
What do the bullish and bearish scenarios say about VRS?
Our models span a range for Veris Ltd: cautious scenario A$0.0378, base A$0.0378, optimistic A$0.0422 per share (as of Nov 5, 2026, price A$0.0420). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Veris Ltd (VRS)?
Balance-sheet figures for Veris Ltd (as of Nov 5, 2026): return on equity 2.4%, debt of 0.02 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is VRS from its 52-week high?
Veris Ltd trades at A$0.0420, about 44% below its 52-week high of A$0.0750 and 5% above the low of A$0.0400 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0378 is for.
Which stocks are comparable to Veris Ltd?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Veris Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price A$0.0420, calculated fair value A$0.0378 (−10%), Quality Score 55/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of VRS calculated?
We run Veris Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$0.0378 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Veris Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Veris Ltd (VRS)?
The closing price on Nov 9, 2026 was A$0.0420. Our model-based fair value is A$0.0378, about 10% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Veris Ltd right now?
The models converge in a tight band (A$0.0378 to A$0.0422), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Veris Ltd
How large is the market capitalisation of Veris Ltd (VRS)?
The market capitalisation of Veris Ltd is A$23.2M (≈ $16.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Veris Ltd (VRS)?
The price-to-sales ratio of Veris Ltd is 0.24 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Veris Ltd (VRS)?
The dividend yield of Veris Ltd is 4.8%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Veris Ltd (VRS)?
The net margin of Veris Ltd is 0.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Veris Ltd (VRS)?
The return on equity (ROE) of Veris Ltd is 2.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Veris Ltd (VRS)?
On an EBIT basis the return on assets of Veris Ltd is 1.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Veris Ltd (VRS)?
The operating margin of Veris Ltd is 1.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Veris Ltd (VRS)?
Revenue at Veris Ltd is growing +1.3% versus a year earlier (3y avg +0.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Veris Ltd (VRS)?
Earnings per share at Veris Ltd are growing −31.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Veris Ltd (VRS) carry?
The net debt of Veris Ltd is A$3.1M (fiscal year 2026, ≈ 0.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Veris Ltd in the live analysis
One click puts Veris Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 5, 2026