Veeva Systems Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 13.87
Dividend & YieldN/A$ (N/A)
Beta 0.86
Market capitalization 27.02B
Operating cash flow 780.47M
ESG Scores unknown

Company description

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud, a suite of software, data, and analytics solutions, which include Veeva customer relationship management (CRM) and Veeva Medical CRM, Veeva CLM, Veeva CRM MyInsights, Veeva CLM, Veeva CRM Approved Email, Veeva CRM Engage, Veeva Align, Veeva CRM Events Management, Veeva Nitro, Veeva OpenData, Veeva Link, Veeva Network, Veeva Crossix, Veeva Data Cloud, and MyVeeva for Patients; and Veeva Vault, a cloud-based enterprise content and data management applications for managing commercial functions, including sales and marketing, and medical content and communications, as well as research and development functions, such as clinical, regulatory, quality, and safety. It also provides professional and support services in the areas of implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; technical consulting services related to data migration and systems integrations; training on its solutions; and ongoing managed services that include outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.

Sector: Healthcare - Industry: Health Information Services

Financial data

Financial Statements

Cashflow Statement 2020-01-31 2021-01-31 2022-01-31 2023-01-31
Change To Liabilities 100.57M 148.23M 113.15M 161.9M
Total Cashflows From Investing Activities -516.91M -333.63M -346.15M -1.01B
Net Borrowings -984k -1.04M -384k
Total Cash From Financing Activities 10.01M 33.82M -4.14M -19.38M
Change To Operating Activities -49.79M -32.4M -14.68M -60.66M
Issuance Of Stock 10.99M 34.86M 51.54M 43.65M
Net Income 301.12M 380M 427.39M 487.71M
Change In Cash -72.38M 251.91M 409.51M -251.57M
Effect Of Exchange Rate -2.86M 484k -4.66M -4.99M
Total Cash From Operating Activities 437.38M 551.25M 764.46M 780.47M
Depreciation 19.86M 29.45M 27.45M 29.12M
Change To Account Receivables -70.09M -188.45M -83.08M -91.08M
Other Cashflows From Financing Activities
Change To Netincome 114.06M 196.76M 262.91M 234.21M
Capital Expenditures -4.32M -8.68M -14.21M -13.51M

Income Statement 2020-01-31 2021-01-31 2022-01-31 2023-01-31
Research Development 209.9M 294.22M 382.04M 520.28M
Income Before Tax 313.7M 393.99M 512.31M 509.1M
Net Income 301.12M 380M 427.39M 487.71M
Selling General Administrative 304.6M 384.13M 459.57M 566.29M
Gross Profit 800.71M 1.06B 1.35B 1.55B
Ebit 286.22M 377.79M 505.5M 459.09M
Operating Income 286.22M 377.79M 505.5M 459.09M
Interest Expense
Income Tax Expense 12.58M 13.99M 84.92M 21.39M
Total Revenue 1.1B 1.47B 1.85B 2.16B
Cost Of Revenue 303.37M 408.93M 503.68M 609.4M
Total Other Income ExpenseNet 27.48M 16.2M 6.82M 50.01M
Net Income From Continuing Ops 301.12M 380M 427.39M 487.71M
Net Income Applicable To Common Shares 301.12M 380M 427.39M 487.71M

Balance Sheet Statement 2020-01-31 2021-01-31 2022-01-31 2023-01-31
Total Liabilities 606.18M 779.75M 904.83M 1.09B
Total Stockholder Equity 1.67B 2.27B 2.91B 3.72B
Other Current Liabilities 474.5M 619.58M 739.51M 874.23M
Total Assets 2.27B 3.05B 3.82B 4.8B
Common Stock 1k 2k 2k 2k
Other Current Assets 75k 440k 1.22M
Retained Earnings 919.66M 1.3B 1.73B 2.21B
Treasury Stock 460k 992k -11.96M -31.13M
Cash 476.73M 730.5M 1.14B 886.47M
Total Current Liabilities 551.17M 715.95M 840.78M 1.01B
Other Stockholder Equity 460k 992k -11.96M -31.13M
Property, Plant, and Equipment 103.88M 110.57M 104.14M 105.15M
Total Current Assets 1.53B 2.31B 3.11B 3.97B
Net Tangible Assets 1.09B 1.72B 2.37B 3.19B
Net Receivables 422.51M 611.59M 694.4M 785.23M
Accounts Payable 19.42M 23.25M 20.35M 41.68M


Insider Transactions

Here are the insider transactions of stock shares related to Veeva Systems Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
GASSNER PETER PSale at price 170.00 per share.D2023-02-07Chief Executive Officer1.4M
GASSNER PETER PD2023-02-07Chief Executive Officer1.4M
WALLACH MATTHEW JSale at price 173.21 - 177.18 per share.D2023-02-06Director10k
WALLACH MATTHEW JD2023-02-06Director10k
CABRAL TIMOTHY SSale at price 162.29 per share.D2023-01-12Director4.5k
CABRAL TIMOTHY SD2023-01-12Director4.5k
GASSNER PETER PSale at price 153.03 - 163.41 per share.D2023-01-09Chief Executive Officer1.35M
GASSNER PETER PD2023-01-09Chief Executive Officer1.35M
GASSNER PETER PSale at price 157.56 - 166.14 per share.D2023-01-06Chief Executive Officer89.22k
GASSNER PETER PD2023-01-06Chief Executive Officer89.22k
O'CONNOR MICHELESale at price 163.11 per share.D2023-01-04Officer7.4k
GASSNER PETER PSale at price 159.48 - 163.37 per share.D2023-01-03Chief Executive Officer28.51k
GASSNER PETER PD2023-01-03Chief Executive Officer28.51k
WALLACH MATTHEW JSale at price 159.48 - 163.37 per share.D2023-01-03Director10k
WALLACH MATTHEW JD2023-01-03Director10k
FADDIS JONATHAN WD2022-12-30General Counsel1.18k
MATEO ALAN VD2022-12-30Officer1.76k
ZUPPAS ELENI NITSAD2022-12-30Officer1.32k
O'CONNOR MICHELED2022-12-30Officer128
SCHWENGER THOMAS DD2022-12-30President1.76k
BOWMAN BRENT RD2022-12-30Chief Financial Officer1.18k
GASSNER PETER PStock Gift at price 0.00 per share.D2022-12-22Chief Executive Officer139k
GASSNER PETER PD2022-12-21Chief Executive Officer139k
SEKHRI PAUL JAIStock Gift at price 0.00 per share.D2022-12-16Director702
GASSNER PETER PSale at price 166.87 - 180.55 per share.D2022-12-16Chief Executive Officer113.67k
GASSNER PETER PD2022-12-16Chief Executive Officer113.67k
GASSNER PETER PSale at price 171.94 - 181.46 per share.D2022-12-13Chief Executive Officer89.21k
GASSNER PETER PD2022-12-13Chief Executive Officer89.21k
CHAMBERLAIN PAUL EDWARDSale at price 173.21 per share.D2022-12-12Director160
GASSNER PETER PSale at price 163.69 - 175.21 per share.D2022-12-09Chief Executive Officer132.14k
GASSNER PETER PD2022-12-09Chief Executive Officer132.14k
MATEO ALAN VSale at price 163.70 - 169.31 per share.D2022-12-07Officer15.06k
MATEO ALAN VConversion of Exercise of derivative security at price 26.99 per share.D2022-12-07Officer25.12k
GASSNER PETER PSale at price 162.54 - 172.13 per share.D2022-12-06Chief Executive Officer128.31k
GASSNER PETER PD2022-12-06Chief Executive Officer128.31k
CABRAL TIMOTHY SSale at price 162.95 - 166.00 per share.I2022-12-06Director10k
WALLACH MATTHEW JSale at price 167.15 - 172.20 per share.D2022-12-05Director10k
WALLACH MATTHEW JD2022-12-05Director10k
CARGES MARK TD2022-12-01Director340
MOHR MARSHALL LD2022-12-01Director367
SEKHRI PAUL JAID2022-12-01Director313
HEDLEY MARY LYNNED2022-12-01Director326
HUNG PRISCILLA CD2022-12-01Director326
WALLACH MATTHEW JD2022-12-01Director300
CABRAL TIMOTHY SD2022-12-01Director300
RITTER GORDOND2022-12-01Director380
CHAMBERLAIN PAUL EDWARDD2022-12-01Director326
HUNT NIMRATAD2022-12-01Director300
WALLACH MATTHEW JSale at price 166.63 - 170.85 per share.D2022-11-07Director10k
WALLACH MATTHEW JD2022-11-07Director10k
WALLACH MATTHEW JSale at price 164.98 - 167.67 per share.D2022-10-03Director10k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Veeva Systems Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Veeva Systems Inc - Class A

Here is the result of two systematic investment strategies applied to Veeva Systems Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Veeva Systems Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Veeva Systems Inc - Class A:

Veeva Systems Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 111.43% on the backtest period.

Performance at glance

Performance

111.43 %

Latent gain

2687.27 $

Invested capital

2411.54 $

Annualized return

26.92 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Veeva Systems Inc - Class A

This is the result of two momentum investment strategies applied to Veeva Systems Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Veeva Systems Inc - Class A

The following chart shows all the entries opened by the momentum investment system on Veeva Systems Inc - Class A:

Veeva Systems Inc - Class A momentum entries
  • The first momentum investment strategy would give 152.39% of return on Veeva Systems Inc - Class A. That represents 9054.69$ of latent gain with 5941.81$ of employed capital.
  • The second momentum investment strategy would give 111.6% of return on Veeva Systems Inc - Class A. That represents 4112.76$ of latent gain with 3685.42$ of employed capital.
Performance at glance (1Q Momentum)

Performance

152.39 %

Latent gain

9054.69 $

Invested capital

5941.81 $

Annualized return

17.83 %
Performance at glance (2Q Momentum)

Performance

111.6 %

Latent gain

4112.76 $

Invested capital

3685.42 $

Annualized return

30.49 %

Momentum equity curve on Veeva Systems Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to Veeva Systems Inc - Class A:

Veeva Systems Inc - Class A momentum equity

Note: the dividends potentially given by Veeva Systems Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Veeva Systems Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Veeva Systems Inc - Class A since the beginning:

Veeva Systems Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Veeva Systems Inc - Class A

Buy the dip entry openings on Veeva Systems Inc - Class A

Veeva Systems Inc - Class A

The performance achieved by the robo-advisor on Veeva Systems Inc - Class A is 38.16%. That represents 745.56$ of latent gain with 1953.81$ of employed capital. The following chart shows Veeva Systems Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Veeva Systems Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

38.16 %

Latent gain

745.56 $

Invested capital

1953.81 $

Annualized return

17.83 %

Equity curve of the strategy applied to Veeva Systems Inc - Class A

The following chart shows the result of the investment strategy applied to Veeva Systems Inc - Class A:

Veeva Systems Inc - Class A

Note: the dividends potentially given by Veeva Systems Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Veeva Systems Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Veeva Systems Inc - Class A:

Veeva Systems Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Veeva Systems Inc - Class A

In this section, I will compare the three previous investment strategies applied to Veeva Systems Inc - Class A.

Equity curve comparison on Veeva Systems Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Veeva Systems Inc - Class A investment strategy comparison

Employed capital comparison on Veeva Systems Inc - Class A

Veeva Systems Inc - Class A investment comparison

Performance comparison on Veeva Systems Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 111.43% 2687.27$ 2411.54$ 26.92%
Momentum 1 quarter 152.39% 9054.69$ 5941.81$ 39.07%
Momentum 2 quarters 111.6% 4112.76$ 3685.42$ 30.49%
Non-directional 38.16% 745.56$ 1953.81$ 17.83%
Annualized return comparison

Automatic investment

26.92 %

Momentum 1Q

30.49 %

Momentum 2Q

30.49 %

Non-directional

17.83 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Veeva Systems Inc - Class A:

Positive correlations

Most correlated stocks this year

  • Veeva Systems Inc - Class A

  • Most correlated stocks last 3 months

  • Columbia Research Enhanced Core ETF
  • Educational Development Corp
  • SLEEP COUNTRY CANADA HOLDINGS INC
  • Renaissance IPO ETF
  • iShares Russell 2000 Growth ETF
  • SPDR S&P Kensho New Economies Composite ETF
  • CAPITAL LINK GLOBAL FINTECH LEADERS ETF
  • iShares Global Tech ETF
  • iShares Russell 1000 Growth ETF
  • iShares MSCI Intl Momentum Factor ET
  • IQ Hedge Long/Short Tracker ETF
  • iShares Expanded Tech Sector ETF
  • iShares U.S. Technology ETF
  • iShares S&P 500 Growth ETF
  • iShares Russell Top 200 Growth ETF
  • Vanguard Mega Cap Growth ETF
  • SPDR S&P 1500 Momentum Tilt ETF
  • Wingstop Inc
  • KKR & Co. Inc
  • SPDR Bloomberg Investment Grade Floating Rate ETF
  • CANACCORD GENUITY GROUP INC
  • Renaissance International IPO ETF
  • VanEck IG Floating Rate ETF
  • Defiance Quantum ETF
  • SPDR MSCI World StrategicFactors SM ETF
  • Techtarget Inc
  • HORIZONS NASDAQ 100 INDEX ETF
  • IQ Hedge Event-Driven Tracker ETF
  • PRIMO WATER CORPORATION
  • Tractor Supply Company
  • REAL MATTERS INC
  • Pool Corporation
  • RIVERSTONE
  • Celsius Holdings Inc
  • Sunrun Inc
  • TPI Composites Inc
  • ARK Next Generation Internet ETF
  • Globant S.A.
  • Veeva Systems Inc - Class A
  • Direxion Daily Pharmaceutical & Medical Bull 3X Sh
  • Invesco Dynamic Pharmaceuticals ETF
  • NORTHLAND POWER INC.
  • Redfin Corp
  • Invesco Dynamic Large Cap Growth ETF
  • FlexShares Quality Dividend Defensive Index Fund
  • Invesco Global Listed Private Equity ETF
  • Invesco Dynamic Semiconductors ETF
  • Xtrackers Russell 1000 US Quality at a Reasonable
  • Direxion NASDAQ-100 Equal Weighted Index Shares
  • Direxion Daily Technology Bull 3X Shares
  • BETAPRO NASDAQ 100 2X DAILY BULL ETF
  • SPDR MSCI USA StrategicFactors SM ETF
  • Genmab

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • CH INNOVATION
  • Direxion Daily Technology Bear -3X Shares
  • Bank of Montreal

  • Note: The algorithm computes the probability of correlation between Veeva Systems Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Veeva Systems Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Veeva Systems Inc - Class A
    Country United States
    City Pleasanton
    Address 4280 Hacienda Drive
    Phone 925 452 6500
    Website www.veeva.com
    FullTime employees
    Industry Health Information Services
    Sector Healthcare
    Exchange XNYS
    Ticker VEEV
    Market www.nyse.com

    Veeva Systems Inc - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown