CNC vs. VEEV: Centene vs. Veeva Systems Stock Comparison
How do Centene (CNC) and Veeva Systems (VEEV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Centene (CNC) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but CNC is classified in Health Care Providers & Services while VEEV is classified in Health Care Technology.
| Profile Item | CNC | VEEV |
|---|---|---|
| Name | Centene Corp. | Veeva Systems Inc. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Technology |
| GICS Sub-Industry | Managed Health Care | Health Care Technology |
| Market Capitalization | 34.53 billion USD | 49.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 13, 2001 | October 16, 2013 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNC | VEEV |
|---|---|---|
| Total Return (1Y) | 84.77% | 3.92% |
| Total Return (3Y, Annualized) | -0.97% | 22.52% |
| Total Return (5Y, Annualized) | -1.48% | -0.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNC | VEEV |
|---|---|---|
| Volatility (1Y, Annualized) | 46.34% | 43.36% |
| Beta (5Y) | 1.07 | 0.88 |
| Max Drawdown (5Y) | -74.07% | -52.79% |
| Avg. Volume (3M) | 4.63M | 1.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNC | VEEV |
|---|---|---|
| Sharpe Ratio (1Y) | 1.74 | -0.01 |
| Sortino Ratio (1Y) | 2.71 | -0.01 |
Profitability
ROE (TTM)
Veeva Systems (VEEV) at 14.43% sits in the top ROE quartile, while Centene (CNC) at 6.74% is closer to the peer norm — stronger capital efficiency for VEEV.
CNC
Health Care Equipment & Services industry group
6.74%
- Max
- 47.61%
- Q3
- 14.36%
- CNC
- 6.74%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
VEEV
Health Care Equipment & Services industry group
14.43%
- Max
- 47.61%
- VEEV
- 14.43%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Veeva Systems (VEEV) at 29.35% retains a top-quartile share of revenue as profit, ahead of Centene (CNC) at 0.81%, which keeps about the industry-typical share.
CNC
Health Care Equipment & Services industry group
0.81%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- CNC
- 0.81%
- Q1
- -6.29%
- Min
- -28.46%
VEEV
Health Care Equipment & Services industry group
29.35%
- VEEV
- 29.35%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Veeva Systems (VEEV) at 29.64% operates in the top operating margin quartile, ahead of Centene (CNC) at 0.74%, which runs around its industry’s norm.
CNC
Health Care Equipment & Services industry group
0.74%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- CNC
- 0.74%
- Q1
- -0.28%
- Min
- -16.29%
VEEV
Health Care Equipment & Services industry group
29.64%
- Max
- 35.43%
- VEEV
- 29.64%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | CNC | VEEV |
|---|---|---|
| ROE (TTM) | 6.74% | 14.43% |
| ROA (TTM) | 2.68% | 7.58% |
| Net Margin (TTM) | 0.81% | 29.35% |
| Operating Margin (TTM) | 0.74% | 29.64% |
| Gross Margin (TTM) | 11.34% | 74.96% |
Growth
Revenue Growth
Both Centene (CNC) at 19.44% and Veeva Systems (VEEV) at 16.34% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Veeva Systems (VEEV) at 25.93% is around its peer norm for EPS growth, while Centene (CNC) at -314.42% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | CNC | VEEV |
|---|---|---|
| Revenue Growth (YoY) | 19.44% | 16.34% |
| Revenue Growth (3Y CAGR) | 10.45% | 14.03% |
| EPS Growth (YoY) | -314.42% | 25.93% |
| EPS Growth (3Y CAGR) | -- | 21.94% |
Financial Strength
Current Ratio (MRQ)
Veeva Systems (VEEV) at 5.46 carries current ratio above its industry’s typical mid-range, while Centene (CNC) at 1.16 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CNC
Health Care Equipment & Services industry group
1.16
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- CNC
- 1.16
- Min
- 0.30
VEEV
Health Care Equipment & Services industry group
5.46
- Max
- 7.59
- VEEV
- 5.46
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Veeva Systems (VEEV) at 0.02 keeps leverage in the lower industry quartile, while Centene (CNC) at 0.70 runs a more typical debt-to-equity mix.
CNC
Health Care Equipment & Services industry group
0.70
- Max
- 1.88
- Q3
- 0.91
- CNC
- 0.70
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
VEEV
Health Care Equipment & Services industry group
0.02
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- VEEV
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | CNC | VEEV |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 5.46 |
| Debt / Equity (MRQ) | 0.70 | 0.02 |
| Net Debt / EBITDA | -1.71 | -6.59 |
Dividends
Dividend Yield (TTM)
Neither Centene (CNC) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CNC
Health Care Equipment & Services industry group
0.00%
- CNC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
VEEV
Health Care Equipment & Services industry group
0.00%
- VEEV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Centene (CNC) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CNC
Health Care Equipment & Services industry group
0.00%
- CNC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
VEEV
Health Care Equipment & Services industry group
0.00%
- VEEV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNC | VEEV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Centene (CNC) at 23.97 is near its industry’s usual P/E ratio, while Veeva Systems (VEEV) at 49.79 sits in the richer quartile — VEEV needs stronger growth or earnings quality to justify the premium.
CNC
Health Care Equipment & Services industry group
23.97
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- CNC
- 23.97
- Q1
- 21.19
- Min
- 4.21
VEEV
Health Care Equipment & Services industry group
49.79
- Max
- 80.41
- VEEV
- 49.79
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Centene (CNC) at 0.19 sits in the cheaper P/S ratio quartile while Veeva Systems (VEEV) at 14.22 prices above its industry range — a wide gap in sales valuation between them.
CNC
Health Care Equipment & Services industry group
0.19
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- CNC
- 0.19
- Min
- 0.03
VEEV
Health Care Equipment & Services industry group
14.22
- VEEV
- 14.22
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Centene (CNC) at 1.55 looks cheap against book in the lower P/B ratio quartile, while Veeva Systems (VEEV) at 6.61 carries a premium in the upper quartile — a clear price-to-book gap.
CNC
Health Care Equipment & Services industry group
1.55
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- CNC
- 1.55
- Min
- -1.31
VEEV
Health Care Equipment & Services industry group
6.61
- Max
- 11.68
- VEEV
- 6.61
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | CNC | VEEV |
|---|---|---|
| P/E Ratio (TTM) | 23.97 | 49.79 |
| P/S Ratio (TTM) | 0.19 | 14.22 |
| P/B Ratio (MRQ) | 1.55 | 6.61 |
| Free Cash Flow Yield (TTM) | 8.93% | 2.56% |