The Past Three Years for Veeva Systems (NYSE:VEEV) Investors Has Not Been Profitable
The Past Three Years for Veeva Systems (NYSE:VEEV) Investors Has Not Been Profitable
As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Veeva Systems Inc. (NYSE:VEEV) shareholders have had that experience, with the share price dropping 42% in three years, versus a market return of about 18%. Shareholders have had an even rougher run lately, with the share price down 21% in the last 90 days. This could be related to the recent financial results - you can catch up on the most recent data by reading our company report.
作爲投資者，值得努力確保您的整體投資組合超過市場平均水平。但在任何投資組合中，可能會有一些股票未能達到該基準。很遺憾，長揸 Veeva Systems Inc. (紐交所: veeva systems) 的股東們已經經歷了這種經歷，股票價格在三年內下跌了42％，而市場回報約爲18％。股東們最近的表現更加糟糕，股票價格在過去90天下跌了21％。這可能與最近的財務結果有關 - 您可以通過閱讀我們的公司報告來了解最新的數據。
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
由於股東們長期以來都虧損了，因此讓我們回顧過去一段時間的基本面，看看是否一直與收益相一致。
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
在他的文章《格雷厄姆和多德斯維爾超級投資者》中，禾倫·巴菲特描述了股票價格並不總是反映公司價值的合理方式。考慮市場對公司的看法如何發生變化的一個不完美但簡單的方法是將每股收益(EPS)的變化與股價的變動進行比較。股票價格並不總是反映公司價值的合理方式禾倫·巴菲特描述了股票價格並不總是理性反映企業價值的情況。通過比較每股收益（EPS）和股價隨時間的變化，我們可以了解投資者對公司的態度如何隨着時間而變化。
During the unfortunate three years of share price decline, Veeva Systems actually saw its earnings per share (EPS) improve by 8.4% per year. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Or else the company was over-hyped in the past, and so its growth has disappointed.
在不幸的三年股價下跌期間，Veeva Systems的每股收益(EPS)實際上每年提高了8.4％。考慮到股價反應，人們可能會懷疑EPS不是該時期業務表現的良好指南（可能是由於一次性虧損或收益）。或者公司過去被過度吹捧，因此增長不達預期。
Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.
由於EPS的變化似乎與股價的變化不相關，因此值得查看其他指標。
Revenue is actually up 14% over the three years, so the share price drop doesn't seem to hinge on revenue, either. This analysis is just perfunctory, but it might be worth researching Veeva Systems more closely, as sometimes stocks fall unfairly. This could present an opportunity.
營業收入實際上在三年內增長了14％，因此股價下跌似乎並不取決於營收。這只是一個敷衍的分析，但可能值得更仔細地研究Veeva Systems，因爲有時股票會不公平地下跌。這可能會帶來機會。
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
您可以看到以下收益和營收的變化情況（通過單擊圖像了解精確值）。
It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. If you are thinking of buying or selling Veeva Systems stock, you should check out this free report showing analyst profit forecasts.
值得注意的是，該公司的首席執行官的薪酬低於同等規模的公司的中位數。關注首席執行官的薪酬始終值得，但更重要的問題是公司是否能夠在未來增長收益。如果您正在考慮買入或賣出Veeva Systems的股票，則應查看此免費報告以顯示分析師的利潤預測。
A Different Perspective
不同的觀點
Investors in Veeva Systems had a tough year, with a total loss of 7.4%, against a market gain of about 23%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 1.5%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. Before forming an opinion on Veeva Systems you might want to consider these 3 valuation metrics.
Veeva Systems的投資者今年很困難，總損失爲7.4％，而市場增長約爲23％。但是，請記住，即使最好的股票有時也會在十二個月的時間內表現不及市場。長期投資者不會感到如此沮喪，因爲他們每年可以獲得1.5％的回報率，超過了五年。最近的拋售可能是一個機會，因此有可能值得檢查基本數據以尋找長期增長趨勢的跡象。在對Veeva Systems形成意見之前，您可能需要考慮這3個估值指標。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果您願意查看另一家公司-具有潛在更優質財務狀況的公司-則不要錯過這個免費的公司列表，這些公司已經證明他們可以增長收益。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意，本文所引述的市場回報反映了目前在美國交易所上市的股票的市場加權平均回報。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。