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Veeva Systems Inc
NYSE:VEEV

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Veeva Systems Inc
NYSE:VEEV
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Price: 167.79 USD -0.62% Market Closed
Market Cap: $27.4B

EV/EBITDA

21.1
Current
55%
Cheaper
vs 3-y average of 47.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
21.1
=
Enterprise Value
$21.9B
/
EBITDA
$985m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
21.1
=
Enterprise Value
$21.9B
/
EBITDA
$985m

Valuation Scenarios

Veeva Systems Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (47.1), the stock would be worth $375.56 (124% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-39%
Maximum Upside
+134%
Average Upside
47%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 21.1 $167.79
0%
3-Year Average 47.1 $375.56
+124%
5-Year Average 49.4 $393.43
+134%
Industry Average 12.9 $102.65
-39%
Country Average 14.4 $114.36
-32%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$21.9B
/
Feb 2026
$985m
=
21.1
Current
$21.9B
/
Jan 2027
$1.7B
=
13.3
Forward
$21.9B
/
Jan 2028
$1.9B
=
11.7
Forward
$21.9B
/
Jan 2029
$2.1B
=
10.7
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Veeva Systems Inc
NYSE:VEEV
27.5B USD 21.1 30.2
US
Cerner Corp
LSE:0R00
31.3B USD 21.9 53.1
AU
Pro Medicus Ltd
ASX:PME
15.1B AUD 78 63
JP
M3 Inc
TSE:2413
1T JPY 10.1 20.8
SE
Sectra AB
STO:SECT B
51.1B SEK -131.6 95
US
Waystar Holding Corp
NASDAQ:WAY
5B USD 15.4 43.2
US
Doximity Inc
NYSE:DOCS
4.5B USD 14.8 18.7
CN
Winning Health Technology Group Co Ltd
SZSE:300253
19.2B CNY -121.8 -62.4
US
Vocera Communications Inc
F:V00
2.4B EUR 267.9 -328
US
Heartflow Inc
NASDAQ:HTFL
2.7B USD 0 0
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
245.4B INR 24.3 36.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Veeva Systems Inc
NYSE:VEEV
Average EV/EBITDA: 56.7
21.1
28%
0.8
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
78
28%
2.8
JP
M3 Inc
TSE:2413
10.1
14%
0.7
SE
Sectra AB
STO:SECT B
Negative Multiple: -131.6 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
15.4
20%
0.8
US
Doximity Inc
NYSE:DOCS
14.8
21%
0.7
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -121.8
36%
N/A
US
V
Vocera Communications Inc
F:V00
267.9
N/A N/A
US
H
Heartflow Inc
NASDAQ:HTFL
Not Available N/A N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
24.3
139%
0.2
P/E Multiple
Earnings Growth PEG
US
Veeva Systems Inc
NYSE:VEEV
Average P/E: 45.1
30.2
25%
1.2
US
C
Cerner Corp
LSE:0R00
53.1
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
63
29%
2.2
JP
M3 Inc
TSE:2413
20.8
16%
1.3
SE
Sectra AB
STO:SECT B
95
14%
6.8
US
W
Waystar Holding Corp
NASDAQ:WAY
43.2
55%
0.8
US
Doximity Inc
NYSE:DOCS
18.7
15%
1.2
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -62.4
69%
N/A
US
V
Vocera Communications Inc
F:V00
Negative Multiple: -328 N/A N/A
US
H
Heartflow Inc
NASDAQ:HTFL
Not Available N/A N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
36.8
N/A N/A

Market Distribution

In line with most companies in the United States of America
Percentile
69th
Based on 9 875 companies
69th percentile
21.1
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Veeva Systems Inc
Glance View

Veeva Systems Inc., born in the heart of Silicon Valley in 2007, embarked on its journey with a clear mission: to revolutionize the pharmaceutical and life sciences industries with cloud-based solutions. Founded by Peter Gassner, who previously held leadership roles at Salesforce and PeopleSoft, Veeva identified a niche opportunity amid the highly-regulated, complex landscape of healthcare. The company began by offering Customer Relationship Management (CRM) software tailored for the life sciences sector, allowing clients to stay compliant with industry regulations while efficiently managing relationships across the intricate healthcare network. Veeva’s CRM solutions gradually became instrumental for pharmaceutical and biotech companies in conducting their marketing, sales, and collaboration activities. As Veeva expanded, it diversified its portfolio by delving into other digital solutions, such as data management and analytics, content management, and regulatory and compliance software. Its Vault platform stood out, providing a unified suite for managing a vast array of business processes and content across powerful cloud applications. This approach enabled Veeva to serve its clientele throughout the drug development lifecycle, from research and development to commercialization. By adopting a subscription-based pricing model, Veeva ensured a steady revenue stream while continuously enhancing its offerings, solidifying its position as both a trusted partner and a critical component of its clients’ operational infrastructure. Through these strategic expansions, Veeva Systems Inc. not only adapted to the evolving demands of the healthcare sector but also reinforced its dominance in the specialized domain of life sciences cloud technology.

VEEV Intrinsic Value
153.1 USD
Overvaluation 9%
Intrinsic Value
Price $167.79
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