Buy Veeva And Get Exposure To A Fast-Growing Niche Market

Sep. 30, 2021 5:59 AM ETVeeva Systems Inc. (VEEV) StockVEEV1 Comment
Michele Manganelli
449 Followers

Summary

  • Veeva’s best-in-class software offering provides opportunities to further penetrate a highly fragmented market.
  • Undisputed market leader in the life sciences sector.
  • Rapid adoption of new Veeva’s software modules makes it increasingly difficult for competitors to gain a foothold.
  • Highly efficient business model, with majority of revenues coming from subscription services.
  • At 20.8x NTM EV/Revenue (as of September 29, 2021), Veeva appears reasonably priced given its strong top-line growth, improving margins and virtually no debt.
Bottiglie di vetro in produzione nel vassoio di un distributore automatico di liquidi, una linea per il riempimento di medicinali contro batteri e virus, antibiotici e vaccini

skodonnell/iStock via Getty Images

Overview

Veeva (NYSE:VEEV) is a global provider of cloud-based software for the life sciences industry. The company has built an all-in-one software that allows companies of all sizes to bring products to the market faster and efficiently.

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Focus on portfolio management/financial statements analysis/reporting.Interested in long-term growth and innovation investing, valuation, portfolio optimization and risk management.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in VEEV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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