Venture Global, Inc. (VG) stock analysis
Close on Nov 11, 2026Market cap $31.65BP/E 6.1Yield 0.24%
StockData Score
Prices as of Nov 11, 2026How the score works
Weak7 of 30 checks passed
Venture Global passes 7 of the 30 checks behind our score; 14 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 3/6
- Growth
- 2/6
- Past performance
- 1/6
- Financial health
- 0/6
- Dividend
- 1/6
What stands out
Margin of safety over 20%
The price is 53.1% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $12.66 is below our fair value estimate of $27.00.
Return on capital over 10%
Return on invested capital was 13.9%, above the 10% that usually covers the cost of capital.
P/E below the industry
Venture Global's P/E of 6.1 is below the Gas Production and Distribution median of 17.3.
What to watch
High debt
Debt is 403% of shareholders' equity, above the 40% we consider low.
Interest not well covered
Operating income covers interest expense 3.9 times; we look for at least 5.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 15.4% of total debt; we look for at least 20%.
Elevated bankruptcy risk
The Altman Z-score is 1.15; above 3 is the safe zone and below 1.8 the distress zone.
Valuation3/6
P/E against its history
Not enough price and earnings history to compare.
P/E below the industry
Venture Global's P/E of 6.1 is below the Gas Production and Distribution median of 17.3.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B above the industry
Venture Global's price-to-book of 2.86 is above the Gas Production and Distribution median of 2.10.
Trading below fair value
The share price of $12.66 is below our fair value estimate of $27.00.
Margin of safety over 20%
The price is 53.1% below fair value, more than the 20% cushion we look for.
Growth2/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 69.4% over the last twelve months; the Gas Production and Distribution median is 13.6%.
Guidance raised
Venture Global raised its full year 2026 Consolidated Adjusted EBITDA outlook on Aug 11, 2026.
Gross margin slipping
Gross margin was 55.2% over the last twelve months, against 60.5% a year earlier.
Past performance1/6
Return on equity
Needs positive equity and five years of results.
Return on capital over 10%
Return on invested capital was 13.9%, above the 10% that usually covers the cost of capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.
Financial health0/6
High debt
Debt is 403% of shareholders' equity, above the 40% we consider low.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 15.4% of total debt; we look for at least 20%.
Interest not well covered
Operating income covers interest expense 3.9 times; we look for at least 5.
Short-term assets don't cover short-term debts
Current assets are 0.90 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is 1.15; above 3 is the safe zone and below 1.8 the distress zone.
Dividend1/6
Pays a dividend
Venture Global paid dividends worth 0.7% of the share price over the last twelve months.
Yield below Treasuries
The 0.7% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Venture Global yields 0.7%.
Dividend stability
Fewer than five years of dividend history.
Earnings cover
Needs dividends paid and net income.
Cash-flow cover
Needs dividends paid and free cash flow.
Fair value
How we estimate itOur estimate per share
$27.00
The share price is 53% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 17.3× | – | 17.3× | $35.76 | 40% |
| EV/EBITDA | 12.3× | – | 12.3× | $24.54 | 35% |
| P/B | 2.1× | – | 2.1× | $9.31 | 10% |
| Earnings power | 7.4% cost of equity | – | – | $21.18 | 15% |
| Fair value | $27.00 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Gas Production and Distribution median 17.3
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $202.56M
- Value traded per 1% price move
- $78.06M
Downside
High risk
- Typical loss in a bad month
- 26.4%
- Volatility (annualized)
- 76%
- Sharpe ratio, 1 year
- 0.59
- Beta to the S&P 500 (5Y)
- 0.41
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2022 to 2025
Gross margin
Operating margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +176.9% | – | – | – | |
| Gross profit | +116.8% | – | – | – | |
| Operating income | +192.5% | – | – | – | |
| EPS, diluted | +50.9% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | – | – | 0.93 | |
| Debt to equity | – | – | 5.07 | |
| Net debt to EBITDA | – | – | 5.22× | |
| Interest coverage | – | – | 3.5× | |
| Capex to revenue | – | – | 97.1% | |
| Diluted shares | – | – | 2.63B |
Cash use needs five years of cash flow figures
Venture Global does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$6.57B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$6.57B vs –
- Less leverageLong-term debt to assets fell66.9% → 62.5%
- Better liquidityCurrent ratio rose1.29 → 0.93
- No dilutionShare count did not rise2.58B → 2.63B
- Gross margin improvedGross margin up on the prior year72.83% → 57.00%
- More efficientAsset turnover rose– → 0.32
See a number that looks wrong?