Thanks for the reply. I did search through past posts before posting above and have gone back and re-read them again. From what I read it seems that VEEV was considered a solid company growing well, with a strong moat … but wasn’t/isn’t growing as fast as some of the other companies we own that are discussed on this board - is that correct?
When you all look at the #s above of VEEV what tells you right away it’s not an ideal investment? I’m trying to learn how to break these companies down and expand my thinking. Thank you!
When you all look at the #s above of VEEV what tells you right away it’s not an ideal investment?
guidance is for next Q is lower at 28%
If it were truly “ideal,” it would be growing faster. It’s been great for the last few years because not only has revenue grown well, but the valuation multiples (like PS ratio) have expanded. It’s hard to see the multiples expanding further unless revenue starts growing a lot faster (at least 50%+) on a sustained basis. That seems really unlikely. This is probably a solid hold but far from “ideal.”