VEEV vs. SMNEY

Last updated Jun 13, 2026

VEEV (Veeva Systems Inc.) and SMNEY (Siemens Energy AG) are both stocks. VEEV operates in Health Information Services (Healthcare), while SMNEY operates in Specialty Industrial Machinery (Industrials). At a 0.24 correlation, their price movements are largely independent.

Performance

VEEV vs. SMNEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Veeva Systems Inc. (VEEV) and Siemens Energy AG (SMNEY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VEEV

• 1D: -1.24%
• 1M: 2.45%
• YTD: -28.53%
• 6M: -28.54%
• 1Y: -43.46%
• 3Y*: -5.80%
• 5Y*: -11.82%
• 10Y*: 16.73%

SMNEY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEEV vs. SMNEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VEEV Veeva Systems Inc.	-28.53%	6.17%	9.21%	19.30%	-36.83%	-6.16%	3.11%
SMNEY Siemens Energy AG	25.32%	167.97%	298.17%	-29.76%	-27.66%	-31.90%	21.11%

Correlation

The correlation between VEEV and SMNEY is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020	0.24

The correlation between VEEV and SMNEY shifts across timeframes, from 0.08 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap VEEV : $26.48B SMNEY : $152.45B
EPS VEEV : $5.63 SMNEY : €2.16
PE Ratio VEEV : 28.36 SMNEY : 81.35
PEG Ratio VEEV : 1.47 SMNEY : 0.76
PS Ratio VEEV : 8.04 SMNEY : 3.93
PB Ratio VEEV : 3.63 SMNEY : 13.51
Total Revenue (TTM) VEEV : $3.32B SMNEY : €39.81B
Gross Profit (TTM) VEEV : $2.49B SMNEY : €7.27B
EBITDA (TTM) VEEV : $1.00B SMNEY : €4.73B

Return for Risk

VEEV vs. SMNEY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEEV

VEEV Risk / Return Rank: 5
VEEV Sharpe Ratio Rank: 2
VEEV Sortino Ratio Rank: 3
VEEV Omega Ratio Rank: 4
VEEV Calmar Ratio Rank: 9
VEEV Martin Ratio Rank: 6

SMNEY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VEEV vs. SMNEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Veeva Systems Inc. (VEEV) and Siemens Energy AG (SMNEY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VEEV	SMNEY	Difference
Sharpe ratio: Return per unit of total volatility	-1.22	—	—
Sortino ratio: Return per unit of downside risk	-1.88	—	—
Omega ratio: Gain probability vs. loss probability	0.77	—	—
Calmar ratio: Return relative to maximum drawdown	-0.86	—	—
Martin ratio: Return relative to average drawdown	-1.51	—	—

Drawdowns

Drawdown Indicators

	VEEV	SMNEY	Difference
Max Drawdown Largest peak-to-trough decline	-61.35%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-50.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-50.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-55.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.69%	—	—
Current Drawdown Current decline from peak	-53.21%	—	—
Average Drawdown Average peak-to-trough decline	-26.08%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	28.76%	—	—

Volatility

Volatility by Period

	VEEV	SMNEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.87%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.98%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.23%	—	—

Dividends

VEEV vs. SMNEY - Dividend Comparison

Neither VEEV nor SMNEY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
SMNEY Siemens Energy AG	0.00%	0.00%	0.00%	0.00%	0.61%
VEEV Veeva Systems Inc.	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

VEEV vs. SMNEY - Profitability Comparison

The chart below illustrates the profitability comparison between Veeva Systems Inc. and Siemens Energy AG over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VEEV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported a gross profit of 659.69M and revenue of 882.95M. Therefore, the gross margin over that period was 74.7%.

SMNEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported a gross profit of 2.09B and revenue of 9.68B. Therefore, the gross margin over that period was 21.6%.

VEEV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported an operating income of 273.11M and revenue of 882.95M, resulting in an operating margin of 30.9%.

SMNEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported an operating income of 962.00M and revenue of 9.68B, resulting in an operating margin of 9.9%.

VEEV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported a net income of 260.94M and revenue of 882.95M, resulting in a net margin of 29.6%.

SMNEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported a net income of 677.00M and revenue of 9.68B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both VEEV and SMNEY in my portfolio?

VEEV and SMNEY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.