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Veeva Systems' (NYSE:VEEV) Returns On Capital Not Reflecting Well On The Business

By Yahoo! Finance   |   Oct 27, 2024 at 08:15 AM EST
Veeva Systems' (NYSE:VEEV) Returns On Capital Not Reflecting Well On The Business

Identifying a potential multi-bagger involves analyzing trends like growing Return on Capital Employed (ROCE) and increased capital employed. Veeva Systems shows an ROCE of 11%, better than its industry average of 5.3%.

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