VEEVA SYSTEMS INC-CLASS A (VEEV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VEEV - US9224751084 - Common Stock
239.35 USD
+1.48 (+0.62%)
238.3 USD
-1.05 (-0.44%)
VEEV gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 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 growing strongly while it is still valued neutral. This is a good combination! This makes VEEV very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year VEEV was profitable.
In the past year VEEV had a positive cash flow from operations.
In the past 5 years VEEV has always been profitable.
Each year in the past 5 years VEEV had a positive operating cash flow.
1.2 Ratios
VEEV has a Return On Assets of 10.63%. This is amongst the best in the industry. VEEV outperforms 97.14% of its industry peers.
VEEV's Return On Equity of 12.22% is amongst the best of the industry. VEEV outperforms 97.14% of its industry peers.
VEEV's Return On Invested Capital of 10.39% is amongst the best of the industry. VEEV outperforms 91.43% of its industry peers.
VEEV had an Average Return On Invested Capital over the past 3 years of 9.16%. This 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 has a Profit Margin of 27.93%. This is amongst the best in 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's Operating Margin of 28.88% is amongst the best of 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.
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 just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for VEEV has been increased compared to 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 24.71 indicates that VEEV is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 24.71, VEEV belongs to the top of the industry, outperforming 94.29% 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 | 24.71 |
ROIC/WACC1.07
WACC9.68%
2.3 Liquidity
A Current Ratio of 7.53 indicates that VEEV has no problem at all paying its short term obligations.
With an excellent Current ratio value of 7.53, VEEV belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
A Quick Ratio of 7.53 indicates that VEEV has no problem at all paying its short term obligations.
VEEV has a better Quick ratio (7.53) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.53 | ||
| Quick Ratio | 7.53 |
3. Growth
3.1 Past
VEEV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.84%, which is quite impressive.
VEEV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.72% yearly.
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
The Earnings Per Share is expected to grow by 15.33% 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 14.37% on average per year.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
The Price/Earnings ratio is 30.92, which means the current valuation is very expensive for VEEV.
Based on the Price/Earnings ratio, VEEV is valued a bit cheaper than 77.14% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. VEEV is around the same levels.
With a Price/Forward Earnings ratio of 27.37, VEEV can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, VEEV is valued a bit cheaper than 65.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, VEEV is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.92 | ||
| Fwd PE | 27.37 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VEEV.
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 | 29.12 | ||
| EV/EBITDA | 29.85 |
4.3 Compensation for Growth
The 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.
VEEV's earnings are expected to grow with 14.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.37
PEG (5Y)1.25
EPS Next 2Y15.02%
EPS Next 3Y14.7%
5. Dividend
5.1 Amount
No dividends for VEEV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
239.35
+1.48 (+0.62%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)
Earnings (Next)
Inst Owners90.27%
Inst Owner Change0%
Ins Owners8.43%
Ins Owner Change-0.06%
Market Cap39.34B
Revenue(TTM)3.08B
Net Income(TTM)860.33M
Analysts78.5
Price Target319.04 (33.29%)
Short Float %3%
Short Ratio3.19
Dividend
| Industry Rank | Sector 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)-1.38%
PT rev (3m)-0.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2%
EPS NY rev (1m)0%
EPS NY rev (3m)1.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.92 | ||
| Fwd PE | 27.37 | ||
| P/S | 12.77 | ||
| P/FCF | 29.12 | ||
| P/OCF | 28.55 | ||
| P/B | 5.59 | ||
| P/tB | 5.99 | ||
| EV/EBITDA | 29.85 |
EPS(TTM)7.74
EY3.23%
EPS(NY)8.74
Fwd EY3.65%
FCF(TTM)8.22
FCFY3.43%
OCF(TTM)8.38
OCFY3.5%
SpS18.74
BVpS42.83
TBVpS39.96
PEG (NY)1.37
PEG (5Y)1.25
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 | 24.71 |
F-Score7
WACC9.68%
ROIC/WACC1.07
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.
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 30.92 and the Price/Book (PB) ratio is 5.59.
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.