VEEVA SYSTEMS INC-CLASS A (VEEV) Stock Fundamental Analysis

NYSE:VEEV • US9224751084

176.82 USD
+2.71 (+1.56%)
At close: Feb 17, 2026
176.82 USD
0 (0%)
After Hours: 2/17/2026, 5:50:55 PM
Fundamental Rating

7

Taking everything into account, VEEV scores 7 out of 10 in our fundamental rating. VEEV was compared to 35 industry peers in the Health Care Technology industry. VEEV scores excellent points on both the profitability and health parts. This is a solid base for a good stock. VEEV is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make VEEV suitable for growth and quality investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • VEEV had positive earnings in the past year.
  • VEEV had a positive operating cash flow in the past year.
  • Each year in the past 5 years VEEV has been profitable.
  • Each year in the past 5 years VEEV had a positive operating cash flow.
VEEV Yearly Net Income VS EBIT VS OCF VS FCFVEEV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • VEEV has a better Return On Assets (10.63%) than 97.14% of its industry peers.
  • With an excellent Return On Equity value of 12.22%, VEEV belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
  • VEEV has a better Return On Invested Capital (10.39%) than 91.43% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for VEEV is above the industry average of 6.72%.
  • 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 RankSector 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%
VEEV Yearly ROA, ROE, ROICVEEV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

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.
  • The Operating Margin of VEEV (28.88%) is better 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 is in the better half of the industry, outperforming 80.00% 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 RankSector 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%
VEEV Yearly Profit, Operating, Gross MarginsVEEV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

9

2. Health

2.1 Basic Checks

  • VEEV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, VEEV has more shares outstanding
  • VEEV has more shares outstanding than it did 5 years ago.
  • 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 Yearly Shares OutstandingVEEV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
VEEV Yearly Total Debt VS Total AssetsVEEV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 18.62 indicates that VEEV is not in any danger for bankruptcy at the moment.
  • VEEV has a Altman-Z score of 18.62. This is amongst the best in the industry. VEEV outperforms 97.14% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 18.62
ROIC/WACC1.1
WACC9.43%
VEEV Yearly LT Debt VS Equity VS FCFVEEV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.3 Liquidity

  • A Current Ratio of 7.53 indicates that VEEV has no problem at all paying its short term obligations.
  • VEEV has a Current ratio of 7.53. This is amongst the best in the industry. VEEV outperforms 91.43% of its industry peers.
  • 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 has a better Quick ratio (7.53) than 91.43% of its industry peers.
Industry RankSector Rank
Current Ratio 7.53
Quick Ratio 7.53
VEEV Yearly Current Assets VS Current LiabilitesVEEV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

7

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
  • Looking at the last year, VEEV shows a quite strong growth in Revenue. The Revenue has grown by 15.96% in the last year.
  • The Revenue has been growing by 19.99% on average over the past years. This is quite good.
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

  • VEEV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.58% yearly.
  • The Revenue is expected to grow by 14.37% on average over the next years. This is quite good.
EPS Next Y22.5%
EPS Next 2Y15.11%
EPS Next 3Y14.76%
EPS Next 5Y15.58%
Revenue Next Year16.37%
Revenue Next 2Y14.31%
Revenue Next 3Y13.75%
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.
VEEV Yearly Revenue VS EstimatesVEEV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B
VEEV Yearly EPS VS EstimatesVEEV Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5 10 15

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.84, which indicates a rather expensive current valuation of VEEV.
  • Based on the Price/Earnings ratio, VEEV is valued a bit cheaper than 74.29% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.16. VEEV is around the same levels.
  • VEEV is valuated rather expensively with a Price/Forward Earnings ratio of 20.19.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VEEV indicates a somewhat cheap valuation: VEEV is cheaper than 71.43% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.10. VEEV is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.84
Fwd PE 20.19
VEEV Price Earnings VS Forward Price EarningsVEEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VEEV is on the same level as its industry peers.
  • VEEV's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. VEEV is cheaper than 65.71% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.51
EV/EBITDA 18.3
VEEV Per share dataVEEV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

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.
  • A more expensive valuation may be justified as VEEV's earnings are expected to grow with 14.76% in the coming years.
PEG (NY)1.02
PEG (5Y)0.92
EPS Next 2Y15.11%
EPS Next 3Y14.76%

0

5. Dividend

5.1 Amount

  • No dividends for VEEV!.
Industry RankSector Rank
Dividend Yield 0%

VEEVA SYSTEMS INC-CLASS A

NYSE:VEEV (2/17/2026, 5:50:55 PM)

After market: 176.82 0 (0%)

176.82

+2.71 (+1.56%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)11-20
Earnings (Next)03-04
Inst Owners90.27%
Inst Owner Change-3.27%
Ins Owners8.43%
Ins Owner Change-0.03%
Market Cap29.07B
Revenue(TTM)3.08B
Net Income(TTM)860.33M
Analysts78.97
Price Target313.73 (77.43%)
Short Float %3.33%
Short Ratio2.55
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-0.26%
PT rev (1m)-1.66%
PT rev (3m)-3.04%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)2.02%
EPS NY rev (1m)0%
EPS NY rev (3m)1.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.97%
Valuation
Industry RankSector Rank
PE 22.84
Fwd PE 20.19
P/S 9.44
P/FCF 21.51
P/OCF 21.09
P/B 4.13
P/tB 4.43
EV/EBITDA 18.3
EPS(TTM)7.74
EY4.38%
EPS(NY)8.76
Fwd EY4.95%
FCF(TTM)8.22
FCFY4.65%
OCF(TTM)8.38
OCFY4.74%
SpS18.74
BVpS42.83
TBVpS39.96
PEG (NY)1.02
PEG (5Y)0.92
Graham Number86.37
Profitability
Industry RankSector 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 RankSector 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 18.62
F-Score7
WACC9.43%
ROIC/WACC1.1
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 2Y15.11%
EPS Next 3Y14.76%
EPS Next 5Y15.58%
Revenue 1Y (TTM)15.96%
Revenue growth 3Y14.06%
Revenue growth 5Y19.99%
Sales Q2Q%16.02%
Revenue Next Year16.37%
Revenue Next 2Y14.31%
Revenue Next 3Y13.75%
Revenue Next 5Y14.37%
EBIT growth 1Y38.28%
EBIT growth 3Y11.27%
EBIT growth 5Y19.47%
EBIT Next Year30.82%
EBIT Next 3Y19.61%
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.


What is the valuation status for VEEV stock?

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 22.84 and the Price/Book (PB) ratio is 4.13.


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.