VEEM (VEE.AX) Stock Price

VEEM Price

Delisted
0 AUD
Last traded price
Today +/-
Today %

VEEM (VEE.AX) Stock | ISIN AU000000VEE3. Revenue is 58.32 M AUD. Net income is 2.96 M AUD. VEEM operates in the Industry sector.

Over the last 12 years VEEM grew revenue by 5.1% annually, reaching 68.62 M AUD. Earnings per share have declined at 2.5% per year over the last 12 years. For VEEM, the net margin of 4.4% is down versus 8.2% a few years ago. The payout ratio is around 28% of earnings.

VEEM stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of VEEM over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how VEEM stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing VEEM's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

VEEM Stock Price History
DateVEEM Price
Access this data via the Eulerpool API

VEEM Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2013
37.61 M AUD
4.43 M AUD
3.92 M AUD
Jan 1, 2014
40.05 M AUD
6.63 M AUD
5.41 M AUD
Jan 1, 2015
38.49 M AUD
4.4 M AUD
4.05 M AUD
Jan 1, 2016
41.37 M AUD
6.36 M AUD
5.01 M AUD
Jan 1, 2017
38.08 M AUD
6.19 M AUD
3.85 M AUD
Jan 1, 2018
40.71 M AUD
3.7 M AUD
2.76 M AUD
Jan 1, 2019
44.96 M AUD
2.69 M AUD
2.55 M AUD
Jan 1, 2020
44.37 M AUD
2.61 M AUD
2.47 M AUD
Jan 1, 2021
59.65 M AUD
5.45 M AUD
4.91 M AUD
Jan 1, 2022
54.45 M AUD
2.07 M AUD
1.27 M AUD
Jan 1, 2023
59.58 M AUD
5.08 M AUD
4.11 M AUD
Jan 1, 2024
80.55 M AUD
10.38 M AUD
6.99 M AUD
Jan 1, 2025
68.62 M AUD
4.11 M AUD
3.02 M AUD
Invalid Date
58.32 M AUD
-80,800 AUD
2.96 M AUD
Invalid Date
70.47 M AUD
4.45 M AUD
3.78 M AUD

VEEM Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 16, 2026, 4:14 AM
 
REVENUE (M AUD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M AUD)
NET INCOME (M AUD)
NET INCOME GROWTH (%)
DIV. (AUD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202120222023202420252026e2027e2028e
5954598068587092
34.09-8.479.2635.59-15-14.7120.6931.43
55.9359.2662.715561.7672.416045.65
3332374442424242
41463237
100-7530050-50-33.3350133.33
0.0100.010.0200.010.010.01
-100100-100
130135.72135.72135.94135.84135.84135.84135.84
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales VEEM generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue VEEM retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare VEEM's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares VEEM has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against VEEM's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

VEEM stock margins

The VEEM margin analysis displays the gross margin, EBIT margin, as well as the profit margin of VEEM. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for VEEM.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2013
65.04 %
11.78 %
10.42 %
Jan 1, 2014
70.04 %
16.55 %
13.51 %
Jan 1, 2015
69.63 %
11.44 %
10.53 %
Jan 1, 2016
71.03 %
15.37 %
12.12 %
Jan 1, 2017
72.25 %
16.25 %
10.11 %
Jan 1, 2018
55.02 %
9.1 %
6.77 %
Jan 1, 2019
64.47 %
5.97 %
5.68 %
Jan 1, 2020
62.4 %
5.88 %
5.57 %
Jan 1, 2021
56.91 %
9.13 %
8.23 %
Jan 1, 2022
59.21 %
3.8 %
2.32 %
Jan 1, 2023
63.18 %
8.53 %
6.9 %
Jan 1, 2024
55.59 %
12.89 %
8.67 %
Jan 1, 2025
61.75 %
5.99 %
4.4 %
Invalid Date
61.75 %
-0.14 %
5.08 %
Invalid Date
61.75 %
6.31 %
5.36 %

VEEM Stock Revenue, EBIT, Earnings per Share

The VEEM earnings per share therefore indicates how much revenue VEEM has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2013
0.29 AUD
0.03 AUD
0.03 AUD
Jan 1, 2014
0.31 AUD
0.05 AUD
0.04 AUD
Jan 1, 2015
0.3 AUD
0.03 AUD
0.03 AUD
Jan 1, 2016
0.32 AUD
0.05 AUD
0.04 AUD
Jan 1, 2017
0.32 AUD
0.05 AUD
0.03 AUD
Jan 1, 2018
0.31 AUD
0.03 AUD
0.02 AUD
Jan 1, 2019
0.35 AUD
0.02 AUD
0.02 AUD
Jan 1, 2020
0.34 AUD
0.02 AUD
0.02 AUD
Jan 1, 2021
0.46 AUD
0.04 AUD
0.04 AUD
Jan 1, 2022
0.4 AUD
0.02 AUD
0.01 AUD
Jan 1, 2023
0.44 AUD
0.04 AUD
0.03 AUD
Jan 1, 2024
0.59 AUD
0.08 AUD
0.05 AUD
Jan 1, 2025
0.51 AUD
0.03 AUD
0.02 AUD
Invalid Date
0.4 AUD
-0 AUD
0.02 AUD
Invalid Date
0.48 AUD
0.03 AUD
0.03 AUD

VEEM business model & stock analysis

Veem Ltd. engages in the production of propulsion and stabilization systems. The company is headquartered in Canning Vale, Western Australia. The company went IPO on 2016-10-26. The firm is also engaged in manufacturing engineered products and services for the marine, defense and mining industries. The firm operates various businesses, including VEEM Marine, VEEM 247 Engineering, VEEM Defense, Timcast Hollowbar and Conquest Propellers. VEEM Marine has marine technology with the commercial facilities. VEEM 24-7 Engineering provides services to aerospace, defense, mining, and oil and gas industries. VEEM Defense is engaged in defense contracts, such as manufacturing and servicing the Oberon class submarine valves through to the propulsion system for the new Pacific patrol boats.

VEEM Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

VEEM historical P/E ratio, EBIT multiple, and P/S ratio

VEEM annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

VEEM shares outstanding

The number of shares was VEEM in 2025 — This indicates how many shares 135.845 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2013
130 M base_Shares
Jan 1, 2014
130 M base_Shares
Jan 1, 2015
130 M base_Shares
Jan 1, 2016
130 M base_Shares
Jan 1, 2017
119.89 M base_Shares
Jan 1, 2018
130 M base_Shares
Jan 1, 2019
130 M base_Shares
Jan 1, 2020
130 M base_Shares
Jan 1, 2021
130 M base_Shares
Jan 1, 2022
135.72 M base_Shares
Jan 1, 2023
135.72 M base_Shares
Jan 1, 2024
135.94 M base_Shares
Jan 1, 2025
135.84 M base_Shares
Invalid Date
135.84 M base_Shares
Invalid Date
135.84 M base_Shares

VEEM Dividend History

9 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250AUD 85.1%
Mar 6, 20250AUD 70.1%1/1
20240.02AUD 69.2%
20230.01AUD 225.0%
20220AUD 68.2%
20210.01AUD 72.8%
20200.01AUD 28.3%
20190.01AUD 21.7%
20180.01AUD 48.4%
20170.02AUD

VEEM dividend history and estimates

In 2025, VEEM paid a dividend amounting to 0 AUD. Dividend means that VEEM distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0 AUD
0.02 AUD
Jan 1, 2018
0.01 AUD
0 AUD
Jan 1, 2019
0.01 AUD
0 AUD
Jan 1, 2020
0.01 AUD
0 AUD
Jan 1, 2021
0.01 AUD
0 AUD
Jan 1, 2022
0 AUD
0 AUD
Jan 1, 2023
0.01 AUD
0 AUD
Jan 1, 2024
0.02 AUD
0 AUD
Jan 1, 2025
0 AUD
0 AUD
Invalid Date
0 AUD
0.01 AUD
Invalid Date
0 AUD
0.01 AUD
Invalid Date
0 AUD
0.01 AUD

VEEM dividend payout ratio

In 2025, VEEM had a payout ratio of 27.85%. The payout ratio indicates the percentage of the company's profits that VEEM distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2013
26.73 %
Jan 1, 2014
26.73 %
Jan 1, 2015
26.73 %
Jan 1, 2016
26.73 %
Jan 1, 2017
54.74 %
Jan 1, 2018
42.79 %
Jan 1, 2019
36.06 %
Jan 1, 2020
26.8 %
Jan 1, 2021
23.28 %
Jan 1, 2022
30.11 %
Jan 1, 2023
26.73 %
Jan 1, 2024
26.71 %
Jan 1, 2025
27.85 %
Invalid Date
27.09 %
Invalid Date
27.22 %
Price targets and forecasts for VEEM are not yet available.

VEEM shareholder structure

% Name
46.95388%
VEEM Corporation Pty. Ltd.
VEEM Corporation Pty. Ltd.
13.84839%
Perennial Value Management Ltd.
Perennial Value Management Ltd.
4.66121%
Mercer Investments (Australia) Limited
Mercer Investments (Australia) Limited
3.98463%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
2.85599%
HUB24 Limited
HUB24 Limited
0.90029%
HGL Investments Pty. Ltd.
HGL Investments Pty. Ltd.
0.72312%
Hancock & Gore Ltd
Hancock & Gore Ltd
0.41552%
H&G Investment Management Limited
H&G Investment Management Limited
0.32641%
Weewac Pty. Ltd.
Weewac Pty. Ltd.
0.28961%
Murnaghan (Angus)
Murnaghan (Angus)

VEEM Executives and Management Board

MM

Mr. Mark Miocevich

Managing Director, Director

Compensation532,653 AUD
BS

Mr. Brett Silich

Global Commercial Manager

Compensation331,859 AUD
JM

Mr. John Miocevich

Non-Executive Chairman of the Board · since 2021

Compensation130,000 AUD
PT

Mr. Peter Torre

Non-Executive Independent Director · since 2018

Compensation71,500 AUD
MB

Mr. Michael Bailey

Non-Executive Independent Director

Compensation64,999 AUD

Frequently asked questions about VEEM

All fundamentals and in-depth analysis of VEEM

Our stock analysis for VEEM Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of VEEM Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.