Professional
Added to YB: 2026-09-23
Pitch date: 2026-07-24
VEEV [bullish]
Veeva Systems Inc.
+41.94%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$42.1B
Pitch Price
$190.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.99
P/E
42.66
EV/Sales
10.13
Sector
Health Care Technology
Category
growth
Fundsmith Equity Fund New Position: Veeva Systems Inc.
VEEV: Veeva provides specialized cloud software spanning the drug lifecycle, with high switching costs because replacing systems can disrupt regulated trials, manufacturing and audit trails. Roughly 80% share in pharmaceutical CRM supports a strong installed base for upselling additional modules, while AI agents could automate labor-intensive trial administration. The shares offer a 5.7% free-cash-flow yield, and ROIC exceeds 100% excluding the company’s large cash balance.
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