VEEVA SYSTEMS INC-CLASS A (VEEV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VEEV - US9224751084 - Common Stock
232 USD
-7.05 (-2.95%)
230.595 USD
-1.41 (-0.61%)
We assign a fundamental rating of 7 out of 10 to VEEV. VEEV was compared to 35 industry peers in the Health Care Technology industry. VEEV gets an excellent profitability rating and is at the same time showing great financial health properties. VEEV is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make VEEV a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
VEEV had positive earnings in the past year.
In the past year VEEV had a positive cash flow from operations.
In the past 5 years VEEV has always been profitable.
VEEV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VEEV's Return On Assets of 10.63% is amongst the best of the industry. VEEV outperforms 97.14% of its industry peers.
VEEV has a Return On Equity of 12.22%. This is amongst the best in the industry. VEEV outperforms 97.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.39%, VEEV belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VEEV is above the industry average of 6.61%.
The last Return On Invested Capital (10.39%) for VEEV is above the 3 year average (9.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.63% | ||
| ROE | 12.22% | ||
| ROIC | 10.39% |
ROA(3y)9.59%
ROA(5y)10.49%
ROE(3y)12.23%
ROE(5y)13.63%
ROIC(3y)9.16%
ROIC(5y)11.04%
1.3 Margins
VEEV's Profit Margin of 27.93% is amongst the best of the industry. VEEV outperforms 97.14% of its industry peers.
In the last couple of years the Profit Margin of VEEV has remained more or less at the same level.
VEEV has a Operating Margin of 28.88%. This is amongst the best in the industry. VEEV outperforms 97.14% of its industry peers.
In the last couple of years the Operating Margin of VEEV has remained more or less at the same level.
VEEV has a Gross Margin of 75.67%. This is in the better half of the industry: VEEV outperforms 80.00% of its industry peers.
VEEV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.88% | ||
| PM (TTM) | 27.93% | ||
| GM | 75.67% |
OM growth 3Y-2.45%
OM growth 5Y-0.44%
PM growth 3Y4.03%
PM growth 5Y-0.95%
GM growth 3Y0.79%
GM growth 5Y0.55%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VEEV is creating some value.
VEEV has more shares outstanding than it did 1 year ago.
VEEV has more shares outstanding than it did 5 years ago.
VEEV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 24.68 indicates that VEEV is not in any danger for bankruptcy at the moment.
VEEV has a Altman-Z score of 24.68. This is amongst the best in the industry. VEEV outperforms 94.29% 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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 24.68 |
ROIC/WACC1.09
WACC9.51%
2.3 Liquidity
VEEV has a Current Ratio of 7.53. This indicates that VEEV is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 7.53, VEEV belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
VEEV has a Quick Ratio of 7.53. This indicates that VEEV is financially healthy and has no problem in meeting its short term obligations.
VEEV's Quick ratio of 7.53 is amongst the best of the industry. VEEV outperforms 88.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.53 | ||
| Quick Ratio | 7.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 23.84% 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 24.72% on average per year.
Looking at the last year, VEEV shows a quite strong growth in Revenue. The Revenue has grown by 15.96% in the last year.
VEEV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.99% yearly.
EPS 1Y (TTM)23.84%
EPS 3Y21.12%
EPS 5Y24.72%
EPS Q2Q%16.57%
Revenue 1Y (TTM)15.96%
Revenue growth 3Y14.06%
Revenue growth 5Y19.99%
Sales Q2Q%16.02%
3.2 Future
Based on estimates for the next years, VEEV will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.33% on average per year.
VEEV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.37% yearly.
EPS Next Y22.5%
EPS Next 2Y15.02%
EPS Next 3Y14.7%
EPS Next 5Y15.33%
Revenue Next Year16.37%
Revenue Next 2Y14.29%
Revenue Next 3Y13.76%
Revenue Next 5Y14.37%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.97, VEEV can be considered very expensive at the moment.
VEEV's Price/Earnings ratio is a bit cheaper when compared to the industry. VEEV is cheaper than 77.14% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.28, VEEV is valued at the same level.
The Price/Forward Earnings ratio is 26.53, which means the current valuation is very expensive for VEEV.
Based on the Price/Forward Earnings ratio, VEEV is valued a bit cheaper than 68.57% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VEEV to the average of the S&P500 Index (23.52), we can say VEEV is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 26.53 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VEEV.
68.57% of the companies in the same industry are more expensive than VEEV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.23 | ||
| EV/EBITDA | 29.79 |
4.3 Compensation for Growth
VEEV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VEEV has an outstanding profitability rating, which may justify a higher PE ratio.
VEEV's earnings are expected to grow with 14.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.33
PEG (5Y)1.21
EPS Next 2Y15.02%
EPS Next 3Y14.7%
5. Dividend
5.1 Amount
No dividends for VEEV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
232
-7.05 (-2.95%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)
Earnings (Next)
Inst Owners90.38%
Inst Owner Change1.76%
Ins Owners8.43%
Ins Owner Change-0.02%
Market Cap38.14B
Revenue(TTM)3.08B
Net Income(TTM)860.33M
Analysts78.5
Price Target319.04 (37.52%)
Short Float %3.3%
Short Ratio3.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.64%
Min EPS beat(2)2.55%
Max EPS beat(2)2.73%
EPS beat(4)4
Avg EPS beat(4)6.08%
Min EPS beat(4)2.55%
Max EPS beat(4)11.08%
EPS beat(8)8
Avg EPS beat(8)5.47%
EPS beat(12)12
Avg EPS beat(12)5.91%
EPS beat(16)15
Avg EPS beat(16)5%
Revenue beat(2)2
Avg Revenue beat(2)0.5%
Min Revenue beat(2)0.32%
Max Revenue beat(2)0.68%
Revenue beat(4)4
Avg Revenue beat(4)0.94%
Min Revenue beat(4)0.32%
Max Revenue beat(4)1.66%
Revenue beat(8)4
Avg Revenue beat(8)0.17%
Revenue beat(12)5
Avg Revenue beat(12)-0.16%
Revenue beat(16)5
Avg Revenue beat(16)-0.27%
PT rev (1m)-1.39%
PT rev (3m)0.09%
EPS NQ rev (1m)2%
EPS NQ rev (3m)1.95%
EPS NY rev (1m)1.7%
EPS NY rev (3m)3.58%
Revenue NQ rev (1m)1.21%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)0.97%
Revenue NY rev (3m)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 26.53 | ||
| P/S | 12.38 | ||
| P/FCF | 28.23 | ||
| P/OCF | 27.68 | ||
| P/B | 5.42 | ||
| P/tB | 5.81 | ||
| EV/EBITDA | 29.79 |
EPS(TTM)7.74
EY3.34%
EPS(NY)8.74
Fwd EY3.77%
FCF(TTM)8.22
FCFY3.54%
OCF(TTM)8.38
OCFY3.61%
SpS18.74
BVpS42.83
TBVpS39.96
PEG (NY)1.33
PEG (5Y)1.21
Graham Number86.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.63% | ||
| ROE | 12.22% | ||
| ROCE | 12.44% | ||
| ROIC | 10.39% | ||
| ROICexc | 144.3% | ||
| ROICexgc | 1750.77% | ||
| OM | 28.88% | ||
| PM (TTM) | 27.93% | ||
| GM | 75.67% | ||
| FCFM | 43.86% |
ROA(3y)9.59%
ROA(5y)10.49%
ROE(3y)12.23%
ROE(5y)13.63%
ROIC(3y)9.16%
ROIC(5y)11.04%
ROICexc(3y)59.89%
ROICexc(5y)59.49%
ROICexgc(3y)196.73%
ROICexgc(5y)318.62%
ROCE(3y)10.96%
ROCE(5y)13.22%
ROICexgc growth 3Y-36.21%
ROICexgc growth 5Y-13.57%
ROICexc growth 3Y1.45%
ROICexc growth 5Y14.29%
OM growth 3Y-2.45%
OM growth 5Y-0.44%
PM growth 3Y4.03%
PM growth 5Y-0.95%
GM growth 3Y0.79%
GM growth 5Y0.55%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 67.76% | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 148.3% | ||
| Profit Quality | 157.04% | ||
| Current Ratio | 7.53 | ||
| Quick Ratio | 7.53 | ||
| Altman-Z | 24.68 |
F-Score7
WACC9.51%
ROIC/WACC1.09
Cap/Depr(3y)59.59%
Cap/Depr(5y)52.02%
Cap/Sales(3y)0.83%
Cap/Sales(5y)0.77%
Profit Quality(3y)158.47%
Profit Quality(5y)158.74%
High Growth Momentum
Growth
EPS 1Y (TTM)23.84%
EPS 3Y21.12%
EPS 5Y24.72%
EPS Q2Q%16.57%
EPS Next Y22.5%
EPS Next 2Y15.02%
EPS Next 3Y14.7%
EPS Next 5Y15.33%
Revenue 1Y (TTM)15.96%
Revenue growth 3Y14.06%
Revenue growth 5Y19.99%
Sales Q2Q%16.02%
Revenue Next Year16.37%
Revenue Next 2Y14.29%
Revenue Next 3Y13.76%
Revenue Next 5Y14.37%
EBIT growth 1Y38.28%
EBIT growth 3Y11.27%
EBIT growth 5Y19.47%
EBIT Next Year30.64%
EBIT Next 3Y20.19%
EBIT Next 5Y18.86%
FCF growth 1Y51.03%
FCF growth 3Y12.54%
FCF growth 5Y19.82%
OCF growth 1Y50.27%
OCF growth 3Y12.55%
OCF growth 5Y20.04%
VEEVA SYSTEMS INC-CLASS A / VEEV FAQ
What is the fundamental rating for VEEV stock?
ChartMill assigns a fundamental rating of 7 / 10 to VEEV.
Can you provide the valuation status for VEEVA SYSTEMS INC-CLASS A?
ChartMill assigns a valuation rating of 5 / 10 to VEEVA SYSTEMS INC-CLASS A (VEEV). This can be considered as Fairly Valued.
How profitable is VEEVA SYSTEMS INC-CLASS A (VEEV) stock?
VEEVA SYSTEMS INC-CLASS A (VEEV) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for VEEV stock?
The Price/Earnings (PE) ratio for VEEVA SYSTEMS INC-CLASS A (VEEV) is 29.97 and the Price/Book (PB) ratio is 5.42.
What is the financial health of VEEVA SYSTEMS INC-CLASS A (VEEV) stock?
The financial health rating of VEEVA SYSTEMS INC-CLASS A (VEEV) is 9 / 10.