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

NYSE:VEEV • US9224751084

Current stock price

166.57 USD
-5.95 (-3.45%)
At close:
166.5 USD
-0.07 (-0.04%)
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.
  • In the past 5 years VEEV has always been profitable.
  • 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

  • Looking at the Return On Assets, with a value of 10.12%, VEEV belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
  • VEEV has a Return On Equity of 12.60%. This is amongst the best in the industry. VEEV outperforms 91.43% of its industry peers.
  • 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.
  • Measured over the past 3 years, the Average Return On Invested Capital for VEEV is in line with the industry average of 7.34%.
  • The 3 year average ROIC (8.63%) for VEEV is below the current ROIC(9.92%), indicating increased profibility in the last year.
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 Profit Margin of 28.44%. This is amongst the best in the industry. VEEV outperforms 97.14% of its industry peers.
  • VEEV's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 29.64%, VEEV belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
  • VEEV's Operating Margin has improved in the last couple of years.
  • VEEV has a better Gross Margin (75.53%) than 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 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

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VEEV is still creating some value.
  • Compared to 1 year ago, VEEV has more shares outstanding
  • 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.
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

  • An Altman-Z score of 11.54 indicates that VEEV is not in any danger for bankruptcy at the moment.
  • VEEV's Altman-Z score of 11.54 is amongst the best of the industry. VEEV outperforms 88.57% 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 11.54
ROIC/WACC1.11
WACC8.97%
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.
  • The Current ratio of VEEV (4.89) is better than 85.71% of its industry peers.
  • VEEV has a Quick Ratio of 4.89. This indicates that VEEV is financially healthy and has no problem in meeting its short term obligations.
  • VEEV's Quick ratio of 4.89 is amongst the best of the industry. VEEV outperforms 85.71% of its industry peers.
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

  • The Earnings Per Share has grown by an impressive 21.94% over the past year.
  • VEEV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.35% yearly.
  • VEEV shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.34%.
  • VEEV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.88% yearly.
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

  • VEEV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.39% yearly.
  • Based on estimates for the next years, VEEV will show a quite strong growth in Revenue. The Revenue will grow by 13.80% on average per year.
EPS Next Y8.63%
EPS Next 2Y11.32%
EPS Next 3Y11.47%
EPS Next 5Y12.39%
Revenue Next Year13.05%
Revenue Next 2Y12.61%
Revenue Next 3Y12.45%
Revenue Next 5Y13.8%

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.
  • 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

4

4. VEEV Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 20.67, the valuation of VEEV can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of VEEV indicates a somewhat cheap valuation: VEEV is cheaper than 77.14% of the companies listed in the same industry.
  • VEEV is valuated rather cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 19.02 indicates a rather expensive valuation of VEEV.
  • 71.43% of the companies in the same industry are more expensive than VEEV, based on the Price/Forward Earnings ratio.
  • VEEV is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 20.67
Fwd PE 19.02
VEEV Price Earnings VS Forward Price EarningsVEEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as VEEV.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of VEEV indicates a somewhat cheap valuation: VEEV is cheaper than 65.71% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 19.75
EV/EBITDA 15.92
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)2.39
PEG (5Y)0.92
EPS Next 2Y11.32%
EPS Next 3Y11.47%

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 (4/8/2026, 8:08:12 PM)

Premarket: 166.5 -0.07 (-0.04%)

166.57

-5.95 (-3.45%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)03-04
Earnings (Next)05-26
Inst Owners88.29%
Inst Owner Change0%
Ins Owners8.44%
Ins Owner Change0.07%
Market Cap27.38B
Revenue(TTM)3.20B
Net Income(TTM)908.91M
Analysts80
Price Target280 (68.1%)
Short Float %3.68%
Short Ratio2.46
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)-9.5%
PT rev (3m)-12.24%
EPS NQ rev (1m)3.36%
EPS NQ rev (3m)3.36%
EPS NY rev (1m)0%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)0.72%
Valuation
Industry RankSector Rank
PE 20.67
Fwd PE 19.02
P/S 8.57
P/FCF 19.75
P/OCF 19.35
P/B 3.8
P/tB 4.06
EV/EBITDA 15.92
EPS(TTM)8.06
EY4.84%
EPS(NY)8.76
Fwd EY5.26%
FCF(TTM)8.43
FCFY5.06%
OCF(TTM)8.61
OCFY5.17%
SpS19.44
BVpS43.89
TBVpS41.03
PEG (NY)2.39
PEG (5Y)0.92
Graham Number89.22
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 11.54
F-Score7
WACC8.97%
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 Y8.63%
EPS Next 2Y11.32%
EPS Next 3Y11.47%
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 Year14.38%
EBIT Next 3Y14.77%
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 4 / 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 8.63% in the next year.