BrightSpring Health Services, Inc. (BTSG) vs Veeva Systems Inc. (VEEV)

BrightSpring Health Services, Inc. and Veeva Systems Inc. are both Health Information Services companies. Veeva Systems Inc. is the larger, with a market value of $50.2B against $13.1B — 3.8× the size. BrightSpring Health Services, Inc. trades at the lower P/E: 33.5× against 48.8×. BrightSpring Health Services, Inc. grew revenue faster over the last twelve months: 26.0% against 16.5%. Veeva Systems Inc. has the higher net margin (29.3% vs 2.69%) and the higher return on invested capital (343.1% vs 8.91%). Across the 20 metrics below, BrightSpring Health Services, Inc. leads on 11 and Veeva Systems Inc. on 9.

Valuation

Metric BTSG VEEV Health Information Services median
P/E 33.50 48.83 40.99
P/S 0.91 14.24 1.83
P/B 6.39 6.62 1.86
Price to free cash flow 28.23 30.04 19.60
EV/EBITDA 22.28 38.69 13.36
EV/Sales 1.01 12.14 2.35
Earnings yield 2.99% 2.05% (2.65%)
Free cash flow yield 3.54% 3.33% 0.00%

Profitability

Metric BTSG VEEV Health Information Services median
Gross margin 12.50% 74.96% 59.61%
Operating margin 3.41% 29.93% (10.54%)
Net margin 2.69% 29.34% (16.14%)
Free cash flow margin 3.23% 47.39% 0.00%
Return on equity 20.54% 14.42% (3.15%)
Return on assets 6.66% 11.90% (5.62%)
Return on invested capital 8.91% 343.12% 0.00%

Growth

Metric BTSG VEEV Health Information Services median
Revenue growth (TTM) 25.97% 16.50% 6.48%
EPS growth (last fiscal year) 1,066.67% 25.93% 63.46%
Revenue growth, 5-year CAGR — 16.88% 10.98%
Net income growth, 5-year CAGR — 19.05% 0.00%

Health

Metric BTSG VEEV Health Information Services median
Debt to equity 1.01 0.00 0.00
Current ratio 1.62 5.46 2.03
Net debt to EBITDA 5.17 (6.83) 0.71

Dividend

Metric BTSG VEEV Health Information Services median
Dividend yield — — —
Payout ratio — — —

Size

Metric BTSG VEEV Health Information Services median
Market cap 13.11b 50.21b 294.31m

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