COMP <GO>
MSTR vs VEEV // EV/EBITDA & P/E VALUATION
Strategy Inc (Class A) (NASDAQ) VS. Veeva Systems Inc. (NYSE) • 15-METRIC TALLY: MSTR 3
— VEEV 9
■ METRIC PARITY
LAST: $130.51 (-7.84%) • MKT CAP: $59.76B
valuation
—
LAST: $312.96 (+0.84%) • MKT CAP: $50.25B
valuation
47.7x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MSTR VS. VEEV)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MSTR | VEEV | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 68.70% | 75.50% | -6.80 | VEEV | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -8.60% | 11.10% | -19.70 | VEEV | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 47.7x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -0.13% | 2.53% | -2.66 | VEEV | /fcf-yield <GO> |
| Operating Margin | -60.00% | 28.70% | -88.70 | VEEV | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 28.40% | -88.40 | VEEV | /net-margins <GO> |
| Revenue Growth (YoY) | 3.00% | 16.30% | -13.30 | VEEV | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.28 | 19.31 | -16.03 | VEEV | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 9/9 | -5.00 | VEEV | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.3 | 58.3 | -10.00 | VEEV | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.30 | 1.28 | +0.02 | MSTR | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.0x | 46.5x | -28.50 | MSTR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $59.76B | $50.25B | $9.51B | MSTR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MSTR REV | VEEV REV | MSTR GROSS % | VEEV GROSS % | MSTR FCF | VEEV FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $477.2M | $3.20B | 68.7% | 75.5% | -$75.5M | $1.27B |
| FY 2024 | $463.5M | $2.75B | 72.1% | 74.5% | -$56.0M | $966.5M |
| FY 2023 | $496.3M | $2.36B | — | — | -$9.6M | $805.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MSTR // BETA 1.30
VEEV // BETA 1.28