Stock Analysis
Veeva Systems Inc.VEEV
P/E 49.52×· 5Y range 27.00–124.67×· bottom 18% of history
Sector: Technology · Industry: Services-Prepackaged Software
AnalystsStrong Buy36 analystsP/E 49.5× sits at the 18th percentile of its 5.0978781656399725-year history.
Cash covers 4884% of debt · Q3 2023.
PMP Verdict
Strong business, attractive price
Strengths
- Growth90
- Profitability87
Risks
- Quality47
High-quality business at an attractive price.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 20.0 — safe-zone balance sheet
- ✓Revenue CAGR 14.6% — durable top-line growth
- ✓Interest coverage 189.7× — debt well covered
- ✓P/E 49.5× at bottom 18% of 5-year history
What's happening with VEEV
Profile
Strong moat, growth, profitability and financial health; earnings quality lags behind.
How is each axis scored?
- Valuation52/100 · Moderate
- P/E vs own history (18th pct)25/25
- FCF yield (3.3%)12/25
- P/S (14.5x)5/25
- EV/EBIT (n/a)10/25
- Growth90/100 · Strong
- Revenue CAGR (14.6%)20/25
- Net income CAGR (20.8%)25/25
- EPS CAGR 5Y (19.9%)20/25
- Fwd implied growth (46.1%)25/25
- Profitability87/100 · Strong
- ROIC (125.0%)25/25
- ROE (14.1%)12/25
- Net margin (29.3%)25/25
- Operating margin (29.9%)25/25
- Financial Health75/100 · Strong
- Altman Z (20.00)25/25
- Current ratio (4.89)25/25
- Interest coverage (189.7x)25/25
- Net cash / debt (n/a)0/25
- Quality47/100 · Weak
- Piotroski F (7/9)22/25
- Beneish M (-2.61)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 30.9%)0/25
- Moat100/100 · Strong
- ROIC >12% years (10/10 yrs)25/25
- Median gross margin (71.9%)25/25
- FCF-positive years (5/5 yrs)25/25
- Worst-year net margin (worst 12.6%)25/25
Risk Flags
- ⚠SBC 14.3% of revenue — real dilution cost
About Veeva Systems Inc.
Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. Show more
The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.
Headquarters: PLEASANTON, CA · Employees: 7,928 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
52CP/E (TTM)49.5xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 27.0x–124.7x · 18th pct
P/FCF31.0xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.3%C
Grade C: LowLatest stored TTM FCF / Market Cap — vs own 5Y history: 3.3%–6.5% · 1st pct
P/S (TTM)14.53xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 7.7x–31.8x · 44th pct
EV/EBITDA46.0xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 5Y history: 19.1x–46.1x · 98th pct
EV/Sales14.2xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E33.9xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio6.96xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.98B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
87AROIC125.0%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE14.1%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA11.5%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin29.3%A
Grade A: HighNet Income / Revenue
Operating Margin29.9%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin75.0%A
Grade A: PremiumGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
90A+Revenue CAGR14.6%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR20.8%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)19.9%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth46.1%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-0.4%B
Grade B: FlatShare count change over 5Y
SBC / Net Income48.7%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue14.3%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
75B+Altman Z-Score20.00A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio4.89xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio5.36xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage189.7xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
47D+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.61A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability30.9%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.39xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Rizzo Daniel J Filed | Rizzo Daniel J | SellOpen market sale | -321 | |
Rizzo Daniel J Filed | Rizzo Daniel J | SellOpen market sale | -4520 | |
Faddis Jonathan Filed | Faddis Jonathan | Gift | -803 | |
Zuppas Eleni Nitsa Filed | Zuppas Eleni Nitsa | Option exercise | -2181 | |
Zuppas Eleni Nitsa Filed | Zuppas Eleni Nitsa | Tax withholding | -1110 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Zuppas Eleni Nitsa Filed | Zuppas Eleni Nitsa | Option exercise | +2.2K | |
Van Wagener Brian Filed | Van Wagener Brian | Option exercise | -1636 | |
Van Wagener Brian Filed | Van Wagener Brian | Tax withholding | -705 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
100A+ROIC >12% Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)71.9%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years5/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor12.6%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$6.27
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$44.59
Cash & short-term investments per share (Finnhub)
Book Value / Share$45.75
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$6.56B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$7.21B
Shareholders' equity (book value)
Asset / Liability5.09xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$50.25B
Current Market Capitalization
Beta0.89B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Veeva Systems Inc. (VEEV)
VEEV is down 0.85% at the last close. Veeva Systems Inc. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks.
- Altman Z-Score of 20.00 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -2.61 suggests a low likelihood of earnings manipulation.
See how VEEV ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all VEEV moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 314.82 | +5.88% | 2.67 |
| Oct 15 | After-hours | 313.05 | +5.28% | 2.37 |
| Oct 9 | After-hours | 296.16 | +3.97% | 2.06 |
| Oct 5 | After-hours | 283.97 | +3.89% | 2.18 |
Frequently Asked Questions about VEEV
What is the current Veeva Systems Inc. (VEEV) stock price?
VEEV is trading at $310.36 at the last market close, down 0.85% on the session. PreMarketPrice tracks VEEV pre-market, intraday and after-hours prices.
Is VEEV stock a buy right now?
PreMarketPrice's quantitative model rates Veeva Systems Inc.'s financial health at 75/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is VEEV stock overvalued?
Veeva Systems Inc. trades at a trailing P/E of 49.5 and our valuation score rates it 52/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Veeva Systems Inc. report earnings?
No confirmed earnings date is currently scheduled for VEEV. The Earnings section lists recent reports and updates as dates are announced.
What sector does Veeva Systems Inc. operate in?
Veeva Systems Inc. operates in the Technology sector, within the Services-Prepackaged Software industry. The Related Stocks section lists sector peers for comparison.
What does Veeva Systems Inc. do?
Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry.
About Veeva Systems Inc. (VEEV) Stock
Veeva Systems Inc. (VEEV) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry. As of the latest update, Veeva Systems Inc. is trading at $310.36, down 0.85% on the day with a market capitalization of $50.3 billion. The financial health score for VEEV is 75/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for VEEV stock.
VEEV Stock Analysis & Key Metrics
On PreMarketPrice, you can track Veeva Systems Inc. (VEEV) across multiple dimensions:
- Pre-market price & movement: Real-time VEEV stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for VEEV with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Veeva Systems Inc. across multiple reporting periods.
- Financial health score: A composite score of 75/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for VEEV.
- Sector peers: Compare VEEV against 6 other technology stocks on key financial metrics.
Is VEEV a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Veeva Systems Inc. (VEEV) as an investment. The financial health score of 75/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Veeva Systems Inc. (VEEV) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.

