VEEM Past Earnings Performance
Past criteria checks 5/6
VEEM has been growing earnings at an average annual rate of 10.4%, while the Machinery industry saw earnings growing at 30.2% annually. Revenues have been growing at an average rate of 8.5% per year. VEEM's return on equity is 11.6%, and it has net margins of 8.3%.
Key information
10.4%
Earnings growth rate
9.2%
EPS growth rate
| Machinery Industry Growth | 29.3% |
| Revenue growth rate | 8.5% |
| Return on equity | 11.6% |
| Net Margin | 8.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Apr 16
When Should You Buy VEEM Ltd (ASX:VEE)?
Mar 14Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%
Mar 14VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 25Returns On Capital At VEEM (ASX:VEE) Have Stalled
Jan 22Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%
Dec 18These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well
Nov 16Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)
Sep 21Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?
Aug 19Is VEEM (ASX:VEE) Using Too Much Debt?
Jun 26Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Jan 24Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?
Dec 12Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All
Nov 16VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet
Oct 17Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Aug 16Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?
Jul 10VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Jun 19Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 03Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital
Mar 15I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease
Sep 05VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 06With EPS Growth And More, VEEM (ASX:VEE) Is Interesting
Jun 03Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 13Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?
Mar 09Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?
Feb 22What Does VEEM's (ASX:VEE) CEO Pay Reveal?
Feb 05
Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?
Jan 21VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 06We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide
Dec 22Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture
Dec 08The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More
Nov 25Revenue & Expenses BreakdownBeta
How VEEM makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 70 | 6 | 28 | 0 |
| 30 Sep 23 | 65 | 5 | 26 | 0 |
| 30 Jun 23 | 60 | 4 | 25 | 0 |
| 31 Mar 23 | 58 | 3 | 24 | 0 |
| 31 Dec 22 | 56 | 3 | 23 | 0 |
| 30 Sep 22 | 55 | 2 | 23 | 0 |
| 30 Jun 22 | 54 | 1 | 23 | 0 |
| 31 Mar 22 | 56 | 2 | 23 | 0 |
| 31 Dec 21 | 57 | 2 | 23 | 0 |
| 30 Sep 21 | 58 | 4 | 22 | 0 |
| 30 Jun 21 | 60 | 5 | 22 | 0 |
| 31 Mar 21 | 56 | 5 | 21 | 0 |
| 31 Dec 20 | 52 | 5 | 20 | 0 |
| 30 Sep 20 | 48 | 4 | 19 | 0 |
| 30 Jun 20 | 44 | 2 | 19 | 0 |
| 31 Mar 20 | 45 | 3 | 20 | 0 |
| 31 Dec 19 | 45 | 3 | 21 | 0 |
| 30 Sep 19 | 45 | 3 | 21 | 0 |
| 30 Jun 19 | 45 | 3 | 22 | 0 |
| 31 Mar 19 | 43 | 2 | 19 | 0 |
| 31 Dec 18 | 41 | 2 | 17 | 0 |
| 30 Sep 18 | 41 | 2 | 16 | 0 |
| 30 Jun 18 | 41 | 3 | 15 | 0 |
| 31 Mar 18 | 39 | 3 | 16 | 0 |
| 31 Dec 17 | 37 | 4 | 17 | 0 |
| 30 Sep 17 | 38 | 4 | 17 | 0 |
| 30 Jun 17 | 38 | 4 | 18 | 0 |
| 31 Mar 17 | 42 | 4 | 18 | 0 |
| 31 Dec 16 | 46 | 4 | 19 | 0 |
| 30 Sep 16 | 43 | 5 | 19 | 0 |
| 30 Jun 16 | 41 | 5 | 19 | 0 |
| 30 Jun 15 | 38 | 4 | 18 | 0 |
| 30 Jun 14 | 40 | 5 | 18 | 0 |
| 30 Jun 13 | 38 | 4 | 16 | 0 |
Quality Earnings: VEE has high quality earnings.
Growing Profit Margin: VEE's current net profit margins (8.3%) are higher than last year (5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VEE's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: VEE's earnings growth over the past year (109.5%) exceeds its 5-year average (10.4% per year).
Earnings vs Industry: VEE earnings growth over the past year (109.5%) exceeded the Machinery industry 41%.
Return on Equity
High ROE: VEE's Return on Equity (11.6%) is considered low.