Veeva Systems (BSP:V2EE34) Asset Turnover: 0.10 (As of Apr. 2026)


BSP:V2EE34 Veeva Systems Inc BSP:V2EE34
97 GF Score
Price R$30.58
GF Value R$49.24
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Veeva Systems Asset Turnover?

Veeva Systems BSP:V2EE34 97 Asset Turnover is 0.10 as of Apr. 2026. GuruFocus rates BSP:V2EE34 with a GF Score™ of 97/100 and a GF Value™ of R$49.24 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Veeva Systems's Revenue for the three months ended in Apr. 2026 was R$4,445 Mil. Veeva Systems's Total Assets for the quarter that ended in Apr. 2026 was R$46,916 Mil. Therefore, Veeva Systems's Asset Turnover for the quarter that ended in Apr. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Veeva Systems's annualized ROE % for the quarter that ended in Apr. 2026 was 13.97%. It is also linked to ROA % through Du Pont Formula. Veeva Systems's annualized ROA % for the quarter that ended in Apr. 2026 was 11.20%.


Veeva Systems  (BSP:V2EE34) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Veeva Systems's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=5254.104/37617.78
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5254.104 / 17778.688)*(17778.688 / 46915.7735)*(46915.7735/ 37617.78)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.55 %*0.3789*1.2472
=ROA %*Equity Multiplier
=11.20 %*1.2472
=13.97 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Veeva Systems's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=5254.104/46915.7735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5254.104 / 17778.688)*(17778.688 / 46915.7735)
=Net Margin %*Asset Turnover
=29.55 %*0.3789
=11.20 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Veeva Systems Asset Turnover Related Terms


Veeva Systems Asset Turnover Historical Data

* Premium members only.

The historical data trend for Veeva Systems's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veeva Systems Asset Turnover Chart

Veeva Systems Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.49 0.43 0.45 0.37

Veeva Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

BSP:V2EE34 vs BTSG, TEM, HQY: Asset Turnover Comparison

For the Health Information Services subindustry, Veeva Systems's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veeva Systems Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Veeva Systems's Asset Turnover falls into.


BSP:V2EE34
97GF Score
Veeva Systems Inc BSP:V2EE34
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Veeva Systems Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Veeva Systems's Asset Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=17036.12/( (44118.539+47874.265)/ 2 )
=17036.12/45996.402
=0.37

Veeva Systems's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=4444.672/( (47874.265+45957.282)/ 2 )
=4444.672/46915.7735
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.10 mean?
Veeva Systems (BSP:V2EE34) has a Asset Turnover of 0.10 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Veeva Systems and its competitors.
Is Veeva Systems' Asset Turnover too high?
Veeva Systems' current Asset Turnover is 0.10. Overall, Veeva Systems has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veeva Systems' Asset Turnover compare to BTSG and TEM?
Veeva Systems' Asset Turnover of 0.10 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Veeva Systems and its competitors. Veeva Systems's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeva Systems stock overvalued right now?
Based on GuruFocus' analysis, Veeva Systems (BSP:V2EE34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$49.24, compared to a current price of R$30.58 — trading 37.9% below its estimated fair value. The current Asset Turnover is 0.10. Veeva Systems' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Veeva Systems (BSP:V2EE34), the current Asset Turnover is 0.10 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veeva Systems (BSP:V2EE34) Overvalued in 2026?

Based on GuruFocus' analysis, Veeva Systems stock appears to be undervalued. The current stock price of R$30.58 is trading 37.9% below its estimated GF Value™ of R$49.24. GuruFocus considers Veeva Systems to be Significantly Undervalued.

Key valuation signals for BSP:V2EE34:

  • Asset Turnover: 0.10
  • GF Value™: R$49.24 vs. price of R$30.58 (37.9% below fair value)
  • GF Score™: 97/100 with 1 warning sign

No single metric tells the full story. See the BSP:V2EE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veeva Systems Business Description

Address 4280 Hacienda Drive, Pleasanton, CA, USA, 94588
Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.
97GF Score

Get the complete analysis for BSP:V2EE34

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$30.58
Price
R$49.24
GF Value