Veem Ltd.

Veem Ltd.

AASX:VEE
0.53
AUD
0.00
(0.00%)
0.05EPS
34.00P/E
237.60MMarket Cap
Feb 25Next Earn

Total Valuation

AUD

As of June 30, 2024, Veem Ltd. carries a market capitalization of 237.60M, placing it among publicly traded companies globally. Its enterprise value stands at 259.41M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap237.60M
Enterprise Value259.41M

Important Dates

Veem Ltd.'s next confirmed earnings release is scheduled for February 25, 2027.

Earnings Date2/25/2027

Share Statistics

As of June 30, 2024, Veem Ltd. has 135.77M shares outstanding.

Shares Outstanding135.77M

Valuation Ratios

As of June 30, 2024, Veem Ltd. trades at a trailing price-to-earnings ratio of 34.00. The price-to-sales ratio is 2.95, and the price-to-book ratio stands at 4.54.

PE Ratio34.00
PS Ratio2.95
PB Ratio4.54
P/TBV Ratio7.82

Enterprise Valuation

As of June 30, 2024, Veem Ltd. trades at an EV/EBITDA multiple of 17.63 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.22 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 27.76 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 259.41M versus a market cap of 237.60M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.22
EV / EBITDA17.63
EV / EBIT27.76

Financial Position

As of June 30, 2024, Veem Ltd. maintains a current ratio of 2.37, meaning it holds 2.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 42.04, indicating elevated leverage, while an interest coverage ratio of 11.24 demonstrates strong ability to service its debt obligations.

Current Ratio2.37
Quick Ratio0.81
Debt / Equity42.04
Debt / EBITDA1.49
Interest Coverage11.24

Financial Efficiency

Over the twelve months ended June 30, 2024, Veem Ltd. posted a return on equity (ROE) of 14.10, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 10.94 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 7.53, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 11.02, useful for judging operating efficiency across full business cycles. Inventory turnover of 1.61 indicates how many times Veem Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)14.10
Return on Assets (ROA)7.53
Return on Invested Capital (ROIC)10.94
Return on Capital Employed (ROCE)11.02
Inventory Turnover1.61

Taxes

AUD

Over the twelve months ended June 30, 2024, Veem Ltd. recorded 1.11M in income tax expense. That works out to an effective tax rate of 13.76, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 8.10M, leaving 6.99M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax1.11M
Effective Tax Rate13.76

Stock Price Statistics

AUD

As of the close on October 22, 2026, Veem Ltd.'s stock has declined approximately 63.32% over the past 52 weeks. The 50-day moving average sits at 0.52, while the 200-day moving average is 0.55.

52-Week Price Change-63.32%
50-Day Moving Average0.52
200-Day Moving Average0.55

Income Statement

AUD

Over the twelve months ended June 30, 2024, Veem Ltd. generated 80.53M in revenue and converted that into 6.99M in net income, yielding earnings per share of 0.05. EBITDA reached 14.71M, while operating income came in at 9.34M.

Revenue80.53M
Gross Profit44.75M
Operating Income9.34M
Pretax Income8.10M
Net Income6.99M
EBITDA14.71M
EBIT9.34M
Earnings Per Share (EPS)0.05

Balance Sheet

AUD

As of June 30, 2024, Veem Ltd. holds 170,558.00 in cash and equivalents against 21.98M in total debt, resulting in a net debt position of 5.60M. Total book value stands at 52.28M, with working capital of 22.68M providing operational flexibility.

Cash & Cash Equivalents170,558.00
Total Debt21.98M
Net Debt5.60M
Equity (Book Value)52.28M
Book Value Per Share0.39
Working Capital22.68M

Cash Flow

AUD

These figures cover the twelve months ended June 30, 2024.

Capital Expenditures-3.23M

Margins

Over the twelve months ended June 30, 2024, Veem Ltd. posted a gross margin of 55.58, reflecting its pricing power and cost economics. The operating margin of 11.60 and net profit margin of 8.68 provide insight into operational efficiency.

Gross Margin55.58
Operating Margin11.60
Pretax Margin10.06
Profit Margin8.68
EBITDA Margin18.27

Dividends & Yields

AUD

Over the twelve months ended June 30, 2024, Veem Ltd. paid dividends of 0.01 per share. The dividend payout ratio of 24.87 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield reaches 3.11, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Veem Ltd. shareholders.

Dividend Per Share0.01
Payout Ratio24.87
Shareholder Yield3.11

Scores

As of June 30, 2024, Veem Ltd. has an Altman Z-Score of 6.13, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score6.13