VEEVA SYSTEMS INC-CLASS A (VEEV) Fundamental Analysis & Valuation

NYSE:VEEV • US9224751084

Current stock price

168.84 USD
+0.89 (+0.53%)
At close:
169.87 USD
+1.03 (+0.61%)
Pre-Market:

This VEEV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. VEEV Profitability Analysis

1.1 Basic Checks

  • VEEV had positive earnings in the past year.
  • VEEV had a positive operating cash flow in the past year.
  • VEEV had positive earnings in each of the past 5 years.
  • In the past 5 years VEEV always reported a positive cash flow from operatings.
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 2026 500M 1B

1.2 Ratios

  • VEEV has a Return On Assets of 10.12%. This is amongst the best in the industry. VEEV outperforms 91.43% of its industry peers.
  • With an excellent Return On Equity value of 12.60%, VEEV belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 9.92%, VEEV belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
  • VEEV had an Average Return On Invested Capital over the past 3 years of 8.63%. This is in line with the industry average of 7.46%.
  • The last Return On Invested Capital (9.92%) for VEEV is above the 3 year average (8.63%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 10.12%
ROE 12.6%
ROIC 9.92%
ROA(3y)9.58%
ROA(5y)10.02%
ROE(3y)12.05%
ROE(5y)12.79%
ROIC(3y)8.63%
ROIC(5y)9.65%
VEEV Yearly ROA, ROE, ROICVEEV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15

1.3 Margins

  • VEEV has a better Profit Margin (28.44%) than 97.14% of its industry peers.
  • In the last couple of years the Profit Margin of VEEV has grown nicely.
  • The Operating Margin of VEEV (29.64%) is better than 97.14% of its industry peers.
  • In the last couple of years the Operating Margin of VEEV has grown nicely.
  • VEEV's Gross Margin of 75.53% is fine compared to the rest of the industry. VEEV outperforms 77.14% of its industry peers.
  • VEEV's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 29.64%
PM (TTM) 28.44%
GM 75.53%
OM growth 3Y11.63%
OM growth 5Y2.82%
PM growth 3Y7.92%
PM growth 5Y1.86%
GM growth 3Y1.74%
GM growth 5Y0.94%
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 2026 20 40 60

9

2. VEEV Health Analysis

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
  • The number of shares outstanding for VEEV has been increased compared to 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 2026 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 2026 2B 4B 6B 8B

2.2 Solvency

  • VEEV has an Altman-Z score of 11.61. This indicates that VEEV is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 11.61, VEEV belongs to the best of the industry, outperforming 85.71% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 11.61
ROIC/WACC1.11
WACC8.94%
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 2026 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 4.89 indicates that VEEV has no problem at all paying its short term obligations.
  • VEEV has a Current ratio of 4.89. This is amongst the best in the industry. VEEV outperforms 85.71% of its industry peers.
  • A Quick Ratio of 4.89 indicates that VEEV has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 4.89, VEEV belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.89
Quick Ratio 4.89
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 2026 2B 4B 6B

7

3. VEEV Growth Analysis

3.1 Past

  • VEEV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.94%, which is quite impressive.
  • VEEV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.35% yearly.
  • The Revenue has grown by 16.34% in the past year. This is quite good.
  • Measured over the past years, VEEV shows a quite strong growth in Revenue. The Revenue has been growing by 16.88% on average per year.
EPS 1Y (TTM)21.94%
EPS 3Y23.3%
EPS 5Y22.35%
EPS Q2Q%18.39%
Revenue 1Y (TTM)16.34%
Revenue growth 3Y14.03%
Revenue growth 5Y16.88%
Sales Q2Q%15.96%

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 12.39% on average per year.
  • VEEV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.80% yearly.
EPS Next Y11.63%
EPS Next 2Y11.61%
EPS Next 3Y10.83%
EPS Next 5Y12.39%
Revenue Next Year13.05%
Revenue Next 2Y12.61%
Revenue Next 3Y12.45%
Revenue Next 5Y13.8%

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.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last 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. VEEV Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 20.95, the valuation of VEEV can be described as rather expensive.
  • 77.14% of the companies in the same industry are more expensive than VEEV, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of VEEV to the average of the S&P500 Index (27.95), we can say VEEV is valued slightly cheaper.
  • With a Price/Forward Earnings ratio of 18.77, VEEV is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, VEEV is valued a bit cheaper than 71.43% of the companies in the same industry.
  • VEEV is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 20.95
Fwd PE 18.77
VEEV Price Earnings VS Forward Price EarningsVEEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, VEEV is valued a bit cheaper than 62.86% of the companies in the same industry.
  • 68.57% of the companies in the same industry are more expensive than VEEV, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 19.9
EV/EBITDA 16.12
VEEV Per share dataVEEV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • VEEV has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.8
PEG (5Y)0.94
EPS Next 2Y11.61%
EPS Next 3Y10.83%

0

5. VEEV Dividend Analysis

5.1 Amount

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

VEEV Fundamentals: All Metrics, Ratios and Statistics

VEEVA SYSTEMS INC-CLASS A

NYSE:VEEV (4/20/2026, 8:04:00 PM)

Premarket: 169.87 +1.03 (+0.61%)

168.84

+0.89 (+0.53%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)03-04
Earnings (Next)05-26
Inst Owners88.89%
Inst Owner Change0.05%
Ins Owners8.5%
Ins Owner Change0.12%
Market Cap27.58B
Revenue(TTM)3.20B
Net Income(TTM)908.91M
Analysts80
Price Target279.98 (65.83%)
Short Float %3.43%
Short Ratio2.18
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)3.51%
Min EPS beat(2)2.55%
Max EPS beat(2)4.48%
EPS beat(4)4
Avg EPS beat(4)5.21%
Min EPS beat(4)2.55%
Max EPS beat(4)11.08%
EPS beat(8)8
Avg EPS beat(8)5.51%
EPS beat(12)12
Avg EPS beat(12)5.58%
EPS beat(16)15
Avg EPS beat(16)5.27%
Revenue beat(2)2
Avg Revenue beat(2)0.71%
Min Revenue beat(2)0.32%
Max Revenue beat(2)1.1%
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)5
Avg Revenue beat(8)0.37%
Revenue beat(12)6
Avg Revenue beat(12)-0.06%
Revenue beat(16)6
Avg Revenue beat(16)-0.19%
PT rev (1m)-9.51%
PT rev (3m)-11.91%
EPS NQ rev (1m)0.42%
EPS NQ rev (3m)3.55%
EPS NY rev (1m)2.76%
EPS NY rev (3m)2.89%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0.76%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)0.69%
Valuation
Industry RankSector Rank
PE 20.95
Fwd PE 18.77
P/S 8.63
P/FCF 19.9
P/OCF 19.49
P/B 3.82
P/tB 4.09
EV/EBITDA 16.12
EPS(TTM)8.06
EY4.77%
EPS(NY)9
Fwd EY5.33%
FCF(TTM)8.49
FCFY5.03%
OCF(TTM)8.66
OCFY5.13%
SpS19.56
BVpS44.17
TBVpS41.29
PEG (NY)1.8
PEG (5Y)0.94
Graham Number89.5028 (-46.99%)
Profitability
Industry RankSector Rank
ROA 10.12%
ROE 12.6%
ROCE 12.9%
ROIC 9.92%
ROICexc 93.17%
ROICexgc 233.9%
OM 29.64%
PM (TTM) 28.44%
GM 75.53%
FCFM 43.38%
ROA(3y)9.58%
ROA(5y)10.02%
ROE(3y)12.05%
ROE(5y)12.79%
ROIC(3y)8.63%
ROIC(5y)9.65%
ROICexc(3y)69.24%
ROICexc(5y)64.67%
ROICexgc(3y)190.78%
ROICexgc(5y)289.89%
ROCE(3y)11.23%
ROCE(5y)12.55%
ROICexgc growth 3Y4.54%
ROICexgc growth 5Y-1.37%
ROICexc growth 3Y22.4%
ROICexc growth 5Y16.41%
OM growth 3Y11.63%
OM growth 5Y2.82%
PM growth 3Y7.92%
PM growth 5Y1.86%
GM growth 3Y1.74%
GM growth 5Y0.94%
F-Score7
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 76.72%
Cap/Sales 0.91%
Interest Coverage 250
Cash Conversion 143.68%
Profit Quality 152.5%
Current Ratio 4.89
Quick Ratio 4.89
Altman-Z 11.61
F-Score7
WACC8.94%
ROIC/WACC1.11
Cap/Depr(3y)69.7%
Cap/Depr(5y)61.46%
Cap/Sales(3y)0.92%
Cap/Sales(5y)0.83%
Profit Quality(3y)156.88%
Profit Quality(5y)160.69%
High Growth Momentum
Growth
EPS 1Y (TTM)21.94%
EPS 3Y23.3%
EPS 5Y22.35%
EPS Q2Q%18.39%
EPS Next Y11.63%
EPS Next 2Y11.61%
EPS Next 3Y10.83%
EPS Next 5Y12.39%
Revenue 1Y (TTM)16.34%
Revenue growth 3Y14.03%
Revenue growth 5Y16.88%
Sales Q2Q%15.96%
Revenue Next Year13.05%
Revenue Next 2Y12.61%
Revenue Next 3Y12.45%
Revenue Next 5Y13.8%
EBIT growth 1Y35.98%
EBIT growth 3Y27.3%
EBIT growth 5Y20.18%
EBIT Next Year15.78%
EBIT Next 3Y12.93%
EBIT Next 5Y16.1%
FCF growth 1Y29.6%
FCF growth 3Y21.81%
FCF growth 5Y20.64%
OCF growth 1Y29.83%
OCF growth 3Y21.94%
OCF growth 5Y20.75%

VEEVA SYSTEMS INC-CLASS A / VEEV Fundamental Analysis 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.


Can you provide the profitability details for VEEVA SYSTEMS INC-CLASS A?

VEEVA SYSTEMS INC-CLASS A (VEEV) has a profitability rating of 9 / 10.


What is the earnings growth outlook for VEEVA SYSTEMS INC-CLASS A?

The Earnings per Share (EPS) of VEEVA SYSTEMS INC-CLASS A (VEEV) is expected to grow by 11.63% in the next year.