FMS vs. VEEV: Fresenius Medical Care vs. Veeva Systems Stock Comparison
How do Fresenius Medical Care (FMS) 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
Fresenius Medical Care (FMS) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but FMS is classified in Health Care Providers & Services while VEEV is classified in Health Care Technology.
Veeva Systems (VEEV) trades as ordinary local shares, while Fresenius Medical Care (FMS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | FMS | VEEV |
|---|---|---|
| Name | Fresenius Medical Care AG - Depositary Receipt | Veeva Systems Inc. |
| Country/Region | Germany | 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 | Health Care Services | Health Care Technology |
| Market Capitalization | 12.15 billion USD | 49.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 17, 1996 | October 16, 2013 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FMS | VEEV |
|---|---|---|
| Total Return (1Y) | -0.71% | 3.92% |
| Total Return (3Y, Annualized) | 13.88% | 22.52% |
| Total Return (5Y, Annualized) | -4.69% | -0.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FMS | VEEV |
|---|---|---|
| Volatility (1Y, Annualized) | 30.61% | 43.36% |
| Beta (5Y) | 0.77 | 0.88 |
| Max Drawdown (5Y) | -62.33% | -52.79% |
| Avg. Volume (3M) | 954.21K | 1.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FMS | VEEV |
|---|---|---|
| Sharpe Ratio (1Y) | -0.16 | -0.01 |
| Sortino Ratio (1Y) | -0.21 | -0.01 |
Profitability
ROE (TTM)
Veeva Systems (VEEV) at 14.43% sits in the top ROE quartile, while Fresenius Medical Care (FMS) at 7.84% is closer to the peer norm — stronger capital efficiency for VEEV.
FMS
Health Care Equipment & Services industry group
7.84%
- Max
- 47.61%
- Q3
- 14.36%
- FMS
- 7.84%
- 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 Fresenius Medical Care (FMS) at 4.22%, which keeps about the industry-typical share.
FMS
Health Care Equipment & Services industry group
4.22%
- Max
- 29.35%
- Q3
- 9.33%
- FMS
- 4.22%
- Median
- 2.18%
- 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 Fresenius Medical Care (FMS) at 9.63%, which runs around its industry’s norm.
FMS
Health Care Equipment & Services industry group
9.63%
- Max
- 35.43%
- Q3
- 14.14%
- FMS
- 9.63%
- Median
- 6.81%
- 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 | FMS | VEEV |
|---|---|---|
| ROE (TTM) | 7.84% | 14.43% |
| ROA (TTM) | 3.94% | 7.58% |
| Net Margin (TTM) | 4.22% | 29.35% |
| Operating Margin (TTM) | 9.63% | 29.64% |
| Gross Margin (TTM) | 26.46% | 74.96% |
Growth
Revenue Growth
Veeva Systems (VEEV) at 16.34% is around its peer norm for revenue growth, while Fresenius Medical Care (FMS) at 1.51% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Fresenius Medical Care (FMS) at 83.61% sits in the top EPS growth quartile, while Veeva Systems (VEEV) at 25.93% is closer to the peer norm — faster per-share earnings growth for FMS.
Growth Metrics
| Metric | FMS | VEEV |
|---|---|---|
| Revenue Growth (YoY) | 1.51% | 16.34% |
| Revenue Growth (3Y CAGR) | 0.39% | 14.03% |
| EPS Growth (YoY) | 83.61% | 25.93% |
| EPS Growth (3Y CAGR) | 13.47% | 21.94% |
Financial Strength
Current Ratio (MRQ)
Veeva Systems (VEEV) at 5.46 carries current ratio above its industry’s typical mid-range, while Fresenius Medical Care (FMS) at 0.99 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
FMS
Health Care Equipment & Services industry group
0.99
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- FMS
- 0.99
- 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 Fresenius Medical Care (FMS) at 0.79 runs a more typical debt-to-equity mix.
FMS
Health Care Equipment & Services industry group
0.79
- Max
- 1.88
- Q3
- 0.91
- FMS
- 0.79
- 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 | FMS | VEEV |
|---|---|---|
| Current Ratio (MRQ) | 0.99 | 5.46 |
| Debt / Equity (MRQ) | 0.79 | 0.02 |
| Net Debt / EBITDA | 3.63 | -6.59 |
Dividends
Dividend Yield (TTM)
Veeva Systems (VEEV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Fresenius Medical Care (FMS) reports a yield of 6.30%, ranking against industry peers normally.
FMS
Health Care Equipment & Services industry group
6.30%
- FMS
- 6.30%
- 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)
Veeva Systems (VEEV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Fresenius Medical Care (FMS) reports a payout of 50.14%, ranking against industry peers normally.
FMS
Health Care Equipment & Services industry group
50.14%
- FMS
- 50.14%
- 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 | FMS | VEEV |
|---|---|---|
| Dividend Yield (TTM) | 6.30% | 0.00% |
| Dividend Payout Ratio (TTM) | 50.14% | 0.00% |
Valuation
P/E Ratio (TTM)
Fresenius Medical Care (FMS) at 13.53 sits in the cheaper P/E ratio quartile, while Veeva Systems (VEEV) at 49.79 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
FMS
Health Care Equipment & Services industry group
13.53
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- FMS
- 13.53
- 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)
Fresenius Medical Care (FMS) at 0.62 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.
FMS
Health Care Equipment & Services industry group
0.62
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- FMS
- 0.62
- 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)
Fresenius Medical Care (FMS) at 0.85 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.
FMS
Health Care Equipment & Services industry group
0.85
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- FMS
- 0.85
- 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 | FMS | VEEV |
|---|---|---|
| P/E Ratio (TTM) | 13.53 | 49.79 |
| P/S Ratio (TTM) | 0.62 | 14.22 |
| P/B Ratio (MRQ) | 0.85 | 6.61 |
| Free Cash Flow Yield (TTM) | 12.29% | 2.56% |