ServiceNow vs Veeva Systems
NOW and VEEV side by side, both in computer programming, data processing, and other computer related services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How NOW and VEEV compare
ServiceNow is the larger company, worth 2.1 times as much as Veeva Systems ($109B against $50.7B).
On earnings, Veeva Systems is cheaper: it trades at 51.1× trailing earnings, against 65.7× for ServiceNow.
ServiceNow grew revenue faster over the last twelve months (22.2% versus 16.5% for Veeva Systems).
Veeva Systems keeps more of each dollar of sales as profit, with a net margin of 29.3% compared with 11.3% at ServiceNow.
Veeva Systems scores higher on the StockData Score (18 against 15 for ServiceNow), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | NOW | VEEV |
|---|---|---|
| Size and price | ||
| Market cap | $109B | $50.7B |
| Share price | $105.12 | $312.96 |
| Change, 1 year | −42.3% | 9.2% |
| Change, 5 years | −24.0% | −1.8% |
| Beta (5Y) | 1.51 | 1.22 |
| Employees | 26K | 7,928 |
| StockData Score | ||
| Total score | 15 | 18 (better) |
| Valuation score | 2 | 2 |
| Growth score | 4 | 5 (better) |
| Performance score | 5 | 5 |
| Health score | 4 | 6 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 65.7× | 51.1× (better) |
| P/S | 7.4× (better) | 14.7× |
| P/B | 8.7× | 6.8× (better) |
| EV/EBITDA | 38.6× (better) | 42.0× |
| P/FCF | 23.7× | – |
| PEG | 0.89 (better) | 2.33 |
| FCF yield | 4.2% | – |
| Fair value | $75.75 | $249.87 |
| Margin of safety | −38.8% | −25.2% (better) |
| Growth | ||
| Revenue growth (TTM) | 22.2% (better) | 16.5% |
| Revenue growth, 5Y average | 24.1% (better) | 16.9% |
| Net income growth (TTM) | 0.54% | 25.3% (better) |
| EPS growth (TTM) | 0.38% | 25.7% (better) |
| EPS growth, 5Y average | 69.9% (better) | 18.2% |
| Profitability | ||
| Gross margin | 74.8% | 75.0% (better) |
| Operating margin | 11.4% | 29.9% (better) |
| Net margin | 11.3% | 29.3% (better) |
| FCF margin | 31.1% | – |
| Return on equity | 14.2% | 14.4% (better) |
| Return on invested capital | 16.2% | 374% (better) |
| Financial health | ||
| Debt / equity | 0.17 (better) | 0.00 |
| Net debt / EBITDA | −0.94 | – |
| Current ratio | 0.70 | 5.46 (better) |
| Altman Z-score | 4.17 | 21.04 (better) |
| Piotroski F-score | 5 | 7 (better) |
| Dividends and buybacks | ||
| Buyback yield | 3.1% | – |
| Shareholder yield | 3.1% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 81.9% | 89.8% |
| Held by insiders | 0.14% | 0.89% |
| Insider net buying, 12 months | −$6.3M (better) | −$13.9M |
| Superinvestors holding | 2 | 2 |
| Short interest, % of float | 2.9% | 3.1% |
Go deeper
- NOW stock overview
- NOW income statement
- NOW valuation and score
- VEEV stock overview
- VEEV income statement
- VEEV valuation and score
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For information only, not investment advice. Check the source filings before relying on any figure.