VEEVA SYSTEMS INC-CLASS A (VEEV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VEEV - US9224751084 - Common Stock
244.06 USD
-26.44 (-9.77%)
244.01 USD
-0.05 (-0.02%)
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. Both the health and profitability get an excellent rating, making VEEV a very profitable company, without any liquidiy or solvency issues. VEEV is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes VEEV very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year VEEV was profitable.
VEEV had a positive operating cash flow in the past year.
VEEV had positive earnings in each of the past 5 years.
VEEV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 10.63%, VEEV belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
VEEV's Return On Equity of 12.22% is amongst the best of the industry. VEEV outperforms 97.14% of its industry peers.
The Return On Invested Capital of VEEV (10.39%) is better than 91.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VEEV is above the industry average of 6.84%.
The 3 year average ROIC (9.16%) for VEEV is below the current ROIC(10.39%), indicating increased profibility in the last year.
| 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
The Profit Margin of VEEV (27.93%) is better than 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 better Operating Margin (28.88%) than 97.14% of its industry peers.
VEEV's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 75.67%, VEEV belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
In the last couple of years the Gross Margin of VEEV has remained more or less at the same level.
| 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
VEEV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, VEEV has more shares outstanding
Compared to 5 years ago, VEEV has more shares outstanding
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
VEEV has an Altman-Z score of 25.09. This indicates that VEEV is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 25.09, VEEV belongs to the top of the industry, outperforming 97.14% of the companies in the same industry.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 25.09 |
ROIC/WACC0.97
WACC10.66%
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.
The Current ratio of VEEV (7.53) is better than 91.43% of its industry peers.
A Quick Ratio of 7.53 indicates that VEEV has no problem at all paying its short term obligations.
VEEV has a Quick ratio of 7.53. This is amongst the best in the industry. VEEV outperforms 91.43% 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.
The Earnings Per Share has been growing by 24.72% on average over the past years. This is a very strong growth
The Revenue has grown by 15.96% in the past year. This is quite good.
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 15.71% on average per year.
The Revenue is expected to grow by 14.31% on average over the next years. This is quite good.
EPS Next Y20.45%
EPS Next 2Y14.16%
EPS Next 3Y14.72%
EPS Next 5Y15.71%
Revenue Next Year15.26%
Revenue Next 2Y13.63%
Revenue Next 3Y13.53%
Revenue Next 5Y14.31%
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
VEEV is valuated quite expensively with a Price/Earnings ratio of 31.53.
Compared to the rest of the industry, the Price/Earnings ratio of VEEV indicates a somewhat cheap valuation: VEEV is cheaper than 74.29% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. VEEV is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 28.33 indicates a quite expensive valuation of VEEV.
Based on the Price/Forward Earnings ratio, VEEV is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, VEEV is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.53 | ||
| Fwd PE | 28.33 |
4.2 Price Multiples
VEEV's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, VEEV is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.61 | ||
| EV/EBITDA | 30.55 |
4.3 Compensation for Growth
VEEV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
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 14.72% in the coming years.
PEG (NY)1.54
PEG (5Y)1.28
EPS Next 2Y14.16%
EPS Next 3Y14.72%
5. Dividend
5.1 Amount
VEEV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
244.06
-26.44 (-9.77%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)
Earnings (Next)
Inst Owners89.1%
Inst Owner Change1.73%
Ins Owners8.46%
Ins Owner Change-0.02%
Market Cap40.00B
Revenue(TTM)3.08B
Net Income(TTM)860.33M
Analysts78.5
Price Target323.51 (32.55%)
Short Float %2.93%
Short Ratio3.94
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)1.32%
PT rev (3m)6.56%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-0.27%
EPS NY rev (1m)0%
EPS NY rev (3m)1.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.53 | ||
| Fwd PE | 28.33 | ||
| P/S | 12.99 | ||
| P/FCF | 29.61 | ||
| P/OCF | 29.03 | ||
| P/B | 5.68 | ||
| P/tB | 6.09 | ||
| EV/EBITDA | 30.55 |
EPS(TTM)7.74
EY3.17%
EPS(NY)8.61
Fwd EY3.53%
FCF(TTM)8.24
FCFY3.38%
OCF(TTM)8.41
OCFY3.44%
SpS18.79
BVpS42.95
TBVpS40.07
PEG (NY)1.54
PEG (5Y)1.28
Graham Number86.49
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 | 25.09 |
F-Score7
WACC10.66%
ROIC/WACC0.97
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 Y20.45%
EPS Next 2Y14.16%
EPS Next 3Y14.72%
EPS Next 5Y15.71%
Revenue 1Y (TTM)15.96%
Revenue growth 3Y14.06%
Revenue growth 5Y19.99%
Sales Q2Q%16.02%
Revenue Next Year15.26%
Revenue Next 2Y13.63%
Revenue Next 3Y13.53%
Revenue Next 5Y14.31%
EBIT growth 1Y38.28%
EBIT growth 3Y11.27%
EBIT growth 5Y19.47%
EBIT Next Year27.8%
EBIT Next 3Y20.11%
EBIT Next 5Y19.14%
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 4 / 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 9 / 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 31.53 and the Price/Book (PB) ratio is 5.68.
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 8 / 10.