NYSE:VEEV stands out as a growth opportunity that won't break the bank.

Our stock screening tool has pinpointed VEEVA SYSTEMS INC-CLASS A (NYSE:VEEV) as a growth stock that isn't overvalued. NYSE:VEEV is excelling in various growth indicators while maintaining a solid financial footing. Furthermore, it remains attractively priced. Let's delve into the specifics below.

Growth Assessment of NYSE:VEEV

ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. NYSE:VEEV has earned a 8 for growth:

• VEEV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.11%, which is quite good.
• VEEV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.83% yearly.
• The Revenue has grown by 11.56% in the past year. This is quite good.
• VEEV shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.56% yearly.
• Based on estimates for the next years, VEEV will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.33% on average per year.
• VEEV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.76% yearly.

Analyzing Valuation Metrics

ChartMill assigns a proprietary Valuation Rating to each stock. The score is computed by evaluating various valuation aspects, like price to earnings and free cash flow, both absolutely as relative to the market and industry. NYSE:VEEV was assigned a score of 5 for valuation:

• Based on the Price/Earnings ratio, VEEV is valued cheaper than 80.95% of the companies in the same industry.
• Compared to the rest of the industry, the Price/Forward Earnings ratio of VEEV indicates a rather cheap valuation: VEEV is cheaper than 80.95% of the companies listed in the same industry.
• VEEV's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VEEV is cheaper than 66.67% of the companies in the same industry.
• 83.33% of the companies in the same industry are more expensive than VEEV, based on the Price/Free Cash Flow ratio.
• The excellent profitability rating of VEEV may justify a higher PE ratio.
• A more expensive valuation may be justified as VEEV's earnings are expected to grow with 14.19% in the coming years.

Health Analysis for NYSE:VEEV

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:VEEV, the assigned 8 for health provides valuable insights:

• An Altman-Z score of 16.90 indicates that VEEV is not in any danger for bankruptcy at the moment.
• The Altman-Z score of VEEV (16.90) is better than 95.24% of its industry peers.
• VEEV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• VEEV has a Current Ratio of 4.35. This indicates that VEEV is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Current ratio, with a value of 4.35, VEEV is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
• VEEV has a Quick Ratio of 4.35. This indicates that VEEV is financially healthy and has no problem in meeting its short term obligations.
• The Quick ratio of VEEV (4.35) is better than 71.43% of its industry peers.

Profitability Analysis for NYSE:VEEV

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:VEEV has earned a 9 out of 10:

• The Return On Assets of VEEV (10.33%) is better than 100.00% of its industry peers.
• With an excellent Return On Equity value of 13.01%, VEEV belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
• VEEV's Return On Invested Capital of 8.39% is amongst the best of the industry. VEEV outperforms 97.62% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for VEEV is significantly above the industry average of 3.67%.
• The 3 year average ROIC (13.53%) for VEEV is well above the current ROIC(8.39%). The reason for the recent decline needs to be investigated.
• The Profit Margin of VEEV (24.20%) is better than 95.24% of its industry peers.
• With an excellent Operating Margin value of 17.74%, VEEV belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
• The Gross Margin of VEEV (70.71%) is better than 71.43% of its industry peers.

Our Affordable Growth screener lists more Affordable Growth stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of VEEV

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.