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Veris Limited (VRS) Fair Value & Analysis

Industrials · AU · Market cap A$29.2M

VL Veris Limited VRS · AU
PriceA$0.0550
Fair ValueA$0.0626
Upside+13.8%
Quality60/100
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Weak Growth
Thin margins · 1.7% net margin
Low debt · generates free cash flow
3.70% dividend yield
Ranks above peers (10/13)
Narrow moat 33/100
Evidence: High Range A$0.0518 – A$0.0734 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 24 days ago

Fair value updated Jul 16, 2026, revised from A$0.0633 to A$0.0626 (−1.0%) since Jun 26, 2026. Share price +1.9% over the past month.

A solid business, screening 14% undervalued on our models.

What matters now

  • Our model range runs from A$0.0518 (bear) to A$0.0734 (bull), base A$0.0626. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 60/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

A$0.0954 A$0.0370 Fair Value A$0.0626 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range A$0.0370 – A$0.0954 · fair‑value band A$0.0518 – A$0.0734 · the A$0.0550 price screens below the A$0.0626 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Veris Limited (VRS) currently trades at A$0.0550, while our model-based Fair Value estimate is A$0.0626, implying the stock looks roughly 13.8% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Veris Limited generated revenue of A$101M at a net margin of 1.7%. Revenue grew 8.7% year over year. It earns a return on equity of 6.7%. Net debt stands at A$3.7M. Fundamentals as of Jul 16, 2026

Our scenario range runs from A$0.0518 (bear case) to A$0.0734 (bull case); at A$0.0550, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 30% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 14%, VRS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF A$0.1500 A$0.2000 A$0.2600 80
Residual Income A$0.0400 A$0.0400 A$0.0400 76
Rev-Margin DCF A$0.1000 A$0.1300 A$0.1700 74
All 24 models by family
DCF Models
FCF DCF A$0.1500 A$0.2100 A$0.2800 38
Owner Earnings A$0.1400 A$0.1900 A$0.2500 31
5Y Revenue Exit A$0.1000 A$0.1300 A$0.1600 39
5Y EBITDA Exit A$0.1600 A$0.2400 A$0.3300 41
5Y P/E Exit A$0.1100 A$0.1400 A$0.1800 38
10Y Revenue Exit A$0.1200 A$0.1500 A$0.1900 36
10Y EBITDA Exit A$0.1600 A$0.2200 A$0.3000 37
10Y P/E Exit A$0.1300 A$0.1600 A$0.2000 35
Earnings-Based
Graham-Dodd A$0.0200 A$0.0900 A$0.1200 54
Lynch FV A$0.0200 A$0.0300 A$0.0400 50
PEG = 1.0 A$0.0200 A$0.0300 A$0.0400 46
EPV A$0.0600 A$0.0600 A$0.0600 59
Multiples
P/E Multiple A$0.0600 A$0.0800 A$0.0900 63
P/S Multiple A$0.0500 A$0.0600 A$0.0800 58
P/B Multiple A$0.0500 A$0.0600 A$0.0800 55
EV/EBIT A$0.0800 A$0.1000 A$0.1200 53
EV/EBITDA A$0.1800 A$0.2400 A$0.2900 54
EV/Revenue A$0.0700 A$0.0900 A$0.1000 43
Asset-Based
NCAV (Graham) A$0.0200 A$0.0300 A$0.0500 50
Growth DCF
Growth DCF A$0.1500 A$0.2000 A$0.2600 80
Rev-Margin DCF A$0.1000 A$0.1300 A$0.1700 74
Economic Profit
Residual Income A$0.0400 A$0.0400 A$0.0400 76
ROIC Compounder A$0.0600 A$0.0600 A$0.0700 72
Growth Earnings
Growth-Adj P/E A$0.0500 A$0.0700 A$0.0900 68

Widest divergence: DCF Models (A$0.1600) versus Earnings-Based (A$0.0300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$101M
Revenue growth (YoY) +8.7%
Net margin 1.7%
Return on equity 6.7%
Free cash flow A$8.0M FY2025
Operating margin 2.1%
More key figures
Dividend yield 3.7%
EPS growth (YoY) -31.6%
Net debt A$3.7M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 60 · Market factors (momentum, volatility) 33

Profitability 49
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 68
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 44
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full company description

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. 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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Veris Limited reported revenue of A$97.2M in FY2025 versus A$77.4M in FY2021, a compound +5.9%/yr. Reported net income was A$2.0M in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$97.2M
Latest YoY
+5.0%
Avg. growth/yr (3Y) 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.
+1.7%
Avg. growth/yr (5Y) 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.
+0.7%
Avg. growth/yr (18Y) 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.
+18.8%
Revenue +5.9%/yr
FY21 A$77.4M
FY22 A$92.4M
FY23 A$101M
FY24 A$92.6M
FY25 A$97.2M
Net income
FY21 −A$1.4M
FY22 −A$1.7M
FY23 A$892K
FY24 −A$4.7M
FY25 A$2.0M

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Cite: Fair Value Calculator (2026). "Veris Limited Fair Value". https://www.fairvalue-calculator.com/stock/VRS

Peer Group

Engineering & Construction · 839 stocks

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.

Quality Score 60 · Top 25%
Fair Value upside +9% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 9% · Above median
Dividend yield (TTM) 3.7% · Top 25%
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/B 0.79× · Cheaper than median
P/S (TTM) 0.20× · Cheaper than 75% of peers
P/FCF 2.6× · Pricier than median
EV/EBITDA 1.3× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 45 · sector 16
FUTURE 44 · sector 17
PAST 27 · sector 26
HEALTH 96 · sector 94
DIVIDEND 74 · sector 33

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Veris Limited (VRS) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of A$0.0626 versus a price of A$0.0550, about +14% (undervalued).
What is the fair value of VRS?
Our model-based fair value for Veris Limited is A$0.0626 (as of Jul 16, 2026), built from audited fundamentals. The current price is A$0.0550.
What is the quality score of VRS?
Veris Limited has a Quality Score of 60/100. 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 revenue of Veris Limited (VRS)?
Veris Limited reported trailing-twelve-month revenue of about A$101M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of VRS?
The net profit margin of Veris Limited is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.
Does Veris Limited pay a dividend?
Veris Limited currently shows a dividend yield of about 3.45% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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