In the world of growth stocks, NYSE:VEEV shines as a value proposition.

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.

How do we evaluate the Growth for NYSE:VEEV?

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:VEEV scores a 8 out of 10:

• The Earnings Per Share has grown by an nice 13.83% over the past year.
• Measured over the past years, VEEV shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.83% on average per year.
• The Revenue has grown by 10.55% in the past year. This is quite good.
• Measured over the past years, VEEV shows a very strong growth in Revenue. The Revenue has been growing by 25.56% on average per year.
• The Earnings Per Share is expected to grow by 11.87% on average over the next years. This is quite good.
• Based on estimates for the next years, VEEV will show a quite strong growth in Revenue. The Revenue will grow by 12.03% on average per year.

Understanding NYSE:VEEV's Valuation

ChartMill employs its own Valuation Rating system for all stocks. This score, ranging from 0 to 10, is determined by evaluating different valuation factors, including price to earnings and free cash flow, both in absolute terms and relative to the market and industry. NYSE:VEEV has earned a 5 for valuation:

• VEEV's Price/Earnings ratio is rather cheap when compared to the industry. VEEV is cheaper than 87.80% 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 87.80% 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 73.17% of the companies in the same industry.
• VEEV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VEEV is cheaper than 80.49% of the companies in the same industry.
• VEEV has an outstanding profitability rating, which may justify a higher PE ratio.
• A more expensive valuation may be justified as VEEV's earnings are expected to grow with 13.50% in the coming years.

Health Assessment of NYSE:VEEV

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

• VEEV has an Altman-Z score of 24.19. This indicates that VEEV is financially healthy and has little risk of bankruptcy at the moment.
• VEEV's Altman-Z score of 24.19 is amongst the best of the industry. VEEV outperforms 97.56% of its industry peers.
• There is no outstanding debt for VEEV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• VEEV has a Current Ratio of 5.64. This indicates that VEEV is financially healthy and has no problem in meeting its short term obligations.
• VEEV has a Current ratio of 5.64. This is amongst the best in the industry. VEEV outperforms 80.49% of its industry peers.
• A Quick Ratio of 5.64 indicates that VEEV has no problem at all paying its short term obligations.
• VEEV has a better Quick ratio (5.64) than 80.49% of its industry peers.

Profitability Examination for NYSE:VEEV

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:VEEV scores a 9 out of 10:

• The Return On Assets of VEEV (10.85%) is better than 97.56% of its industry peers.
• Looking at the Return On Equity, with a value of 12.94%, VEEV belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
• The Return On Invested Capital of VEEV (8.10%) is better than 97.56% of its industry peers.
• VEEV had an Average Return On Invested Capital over the past 3 years of 13.53%. This is significantly above the industry average of 4.22%.
• The last Return On Invested Capital (8.10%) for VEEV is well below the 3 year average (13.53%), which needs to be investigated, but indicates that VEEV had better years and this may not be a problem.
• VEEV has a better Profit Margin (24.68%) than 95.12% of its industry peers.
• The Operating Margin of VEEV (17.54%) is better than 95.12% of its industry peers.
• With a decent Gross Margin value of 70.93%, VEEV is doing good in the industry, outperforming 73.17% of the companies in the same industry.

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

Our latest full fundamental report of VEEV contains the most current fundamental analsysis.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.