VEEM Ltd designs, produces, markets, and sells precision engineered products in Australia, the United States, Sweden, Italy, and the United Kingdom. It offers hollow bars, propellers, shaft lines, gyrostabilizers, and marine ride control fins, as well as propulsion systems. The company also provides engineering services, including industrial balancing, pattern making, machining, driveshafts, testing, and electroless nickel plating. It serves the marine, defense, mining, aerospace, and industrial sectors. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as a subsidiary of Veem Corporation Pty Ltd.
Research context
VEEM Ltd appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Industrials
- Industry
- Aerospace & Defense
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5 years, 6 months ago
VEEM Ltd is currently in a long term uptrend where the price is trading 41.0% above its 200 day moving average.
From a valuation standpoint, the stock is 97.8% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.8.
VEEM Ltd's total revenue rose by 35.8% to $28M since the same quarter in the previous year.
Its net income has increased by 235.4% to $3M since the same quarter in the previous year.
Finally, its free cash flow grew by 209.8% to $2M since the same quarter in the previous year.
Based on the above factors, VEEM Ltd gets an overall score of 5/5.