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General information

Country: BRITAIN

Sector: Software — Infrastructure

Endava Plc engages in the provision of technology services. The firm using distributed enterprise agile at scale, it collaborates with its clients, integrating with their teams, catalyzing ideation and delivering solutions. The firm serves clients in the payments; financial services; technology, media, and telecom (TMT); consumer products; logistics, and healthcare industries. The firm has its delivery centers in Romania, Moldova, Bulgaria, Serbia, Macedonia, Argentina, Uruguay, Venezuela and Colombia.
Website: endava.com



Growth: Good revenue growth rate 20.7%, there is slowdown compared to average historical growth rates 25.7%. The revenue growth dynamics is moderately stable Site traffic for the last 3 months showed a change of 0.0%

Profitability: LTM EBITDA margin is positive, +18.9%. On average the margin is decreasing unsteadily. Gross margin is normal, +31.8%. In the last quarter the company beat the estimated EPS, +11.8%. The company was ahead of estimated EPS in 100% of quarters (showing a gain of +$1.08 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 4.2% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 0.0% higher than minimum and 83.1% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 3.5x by EV / Sales multiple , the company can be 85.7% undervalued

Key Financials (Download financials)

Ticker: DAVA
Share price, USD:  (-0.6%)28.83
year average price 53.69  


year start price 54.19 2023-05-23

max close price 80.02 2024-01-22

min close price 28.83 2024-05-20

current price 28.83 2024-05-21
Common stocks: 57 603 730

Dividend Yield:  0.0%
FCF Yield LTM: 4.2%
EV / LTM EBITDA: 9.9x
EV / EBITDA annualized: 10.9x
Last revenue growth (y/y):  20.7%
Last growth of EBITDA (y/y):  16.7%
Historical revenue growth:  25.7%
Historical growth of EBITDA:  64.1%
EV / Sales: 1.9x
Margin (EBITDA LTM / Revenue): 18.9%
Fundamental value created in LTM:
Market Cap ($m): 1 661
Net Debt ($m): -135
EV (Enterprise Value): 1 526
Price to Book: 2.1x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-05-16zacks.com

Analysts Estimate Endava PLC Sponsored ADR (DAVA) to Report a Decline in Earnings: What to Look Out for

2024-05-09Business Wire

Endava to Announce Q3 FY2024 Financial Results on May 23, 2024

2024-03-08Zacks Investment Research

New Strong Sell Stocks for March 8th

2024-03-06InvestorPlace

3 Stocks Set to Double: Your Fast Track to 2024 Gains

2024-02-29Seeking Alpha

Endava plc (DAVA) Q2 2024 Earnings Call Transcript

2024-02-12Business Wire

Endava to Announce Q2 FY2024 Financial Results on February 29, 2024

2023-12-20Seeking Alpha

Endava: Expect Valuation To Revert To Historical Average

2023-12-01InvestorPlace

3 Tattered Tech Stocks to Sell in December

2023-11-03Zacks Investment Research

Endava PLC Sponsored ADR (DAVA) Surges 6.0%: Is This an Indication of Further Gains?

2023-11-01Business Wire

Endava to Announce Q1 FY2024 Financial Results on November 15, 2023
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol DAVA DAVA DAVA DAVA DAVA DAVA
reportedCurrency GBP GBP GBP GBP GBP GBP
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-29 2023-11-15 2023-09-19 2023-05-23 2023-03-21 2022-09-30
acceptedDate 2024-02-29 07:16:07 2023-11-15 07:23:03 2023-09-19 07:24:19 2023-05-23 07:21:59 2023-03-21 07:27:11 2022-09-29 20:00:00
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2023.000
period Q2 Q1 Q4 Q3 Q2 Q1
revenue 184M 188M 190M 204M 205M 196M
costOfRevenue 139M 134M 130M 139M 133M 129M
grossProfit 45M 54M 60M 65M 72M 67M
grossProfitRatio 0.244 0.289 0.314 0.318 0.353 0.344
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 33M 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 40M 38M 33M 38M 37M 39M
otherExpenses 0 0 0 0 0 0
operatingExpenses 40M 38M 36M 38M 37M 39M
costAndExpenses 179M 172M 166M 177M 170M 168M
interestIncome 0 1M 1M 0 0 0
interestExpense 0 0 0 -284 000 -13M 11M
depreciationAndAmortization 9M 9M 4M -7M -25M 23M
ebitda 5M 16M 28M 23M 37M 30M
ebitdaratio 0.025 0.085 0.146 0.115 0.183 0.152
operatingIncome 5M 16M 23M 30M 63M 7M
operatingIncomeRatio 0.025 0.085 0.120 0.148 0.305 0.037
totalOtherIncomeExpensesNet 6M 1M -667 000 284 000 -42M 31M
incomeBeforeTax 11M 17M 25M 30M 20M 39M
incomeBeforeTaxRatio 0.058 0.092 0.131 0.149 0.099 0.197
incomeTaxExpense 2M 5M 2M 6M 5M 7M
netIncome 8M 12M 23M 24M 15M 32M
netIncomeRatio 0.045 0.066 0.121 0.120 0.073 0.162
eps 0.140 0.210 0.400 0.420 0.260 0.560
epsdiluted 0.140 0.210 0.400 0.420 0.260 0.550
weightedAverageShsOut 58M 58M 58M 58M 57M 57M
weightedAverageShsOutDil 59M 58M 58M 58M 58M 58M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol DAVA DAVA DAVA DAVA DAVA DAVA
reportedCurrency GBP GBP GBP GBP GBP GBP
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-29 2023-11-15 2023-09-19 2023-05-23 2023-03-21 2022-09-30
acceptedDate 2024-02-29 07:16:07 2023-11-15 07:23:03 2023-09-19 07:24:19 2023-05-23 07:21:59 2023-03-21 07:27:11 2022-09-29 20:00:00
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2023.000
period Q2 Q1 Q4 Q3 Q2 Q1
cashAndCashEquivalents 199M 168M 165M 199M 185M 182M
shortTermInvestments 186 000 67 000 56 000 136 000 226 000 346 000
cashAndShortTermInvestments 199M 168M 165M 199M 186M 183M
netReceivables 173M 191M 182M 184M 176M 194M
inventory 1.000 1.000 1.000 0 0 0
otherCurrentAssets 2M 6M 39M 0 0 0
totalCurrentAssets 371M 360M 347M 384M 362M 376M
propertyPlantEquipmentNet 78M 90M 91M 85M 87M 83M
goodwill 256M 259M 241M 187M 190M 153M
intangibleAssets 62M 66M 66M 51M 55M 56M
goodwillAndIntangibleAssets 317M 325M 307M 238M 245M 209M
longTermInvestments 6M 3M 5M 2M 1M 3M
taxAssets 21M 21M 20M 14M 13M 20M
otherNonCurrentAssets 0 0 0 0 0 0
totalNonCurrentAssets 423M 439M 423M 339M 346M 314M
otherAssets 0 0 0 0 0 0
totalAssets 795M 798M 770M 722M 708M 691M
accountPayables 85M 84M 91M 93M 96M 102M
shortTermDebt 14M 15M 15M 14M 14M 13M
taxPayables 5M 8M 6M 6M 4M 12M
deferredRevenue 8M 8M 7M 0 0 0
otherCurrentLiabilities 5M 8M 8M 16M 20M 26M
totalCurrentLiabilities 111M 115M 121M 122M 131M 141M
longTermDebt 46M 54M 54M 50M 54M 51M
deferredRevenueNonCurrent 3M 6M 5M 0 0 0
deferredTaxLiabilitiesNonCurrent 14M 14M 15M 10M 11M 11M
otherNonCurrentLiabilities 543 000 10M 4M 2M 2M -50M
totalNonCurrentLiabilities 63M 84M 78M 62M 67M 65M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 59M 69M 69M 64M 68M 64M
totalLiabilities 175M 199M 199M 184M 198M 206M
preferredStock 0 0 0 0 0 0
commonStock 1M 1M 1M 1M 1M 1M
retainedEarnings 567M 546M 523M 492M 463M 442M
accumulatedOtherComprehensiveIncomeLoss 34M 37M 33M 31M 25M 32M
othertotalStockholdersEquity 18M 15M 15M 13M 21M 9M
totalStockholdersEquity 620M 599M 571M 538M 510M 485M
totalEquity 620M 599M 571M 538M 510M 485M
totalLiabilitiesAndStockholdersEquity 795M 798M 770M 722M 708M 691M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 795M 798M 770M 722M 708M 691M
totalInvestments 7M 3M 5M 2M 2M 3M
totalDebt 59M 69M 69M 64M 68M 64M
netDebt -139M -99M -96M -135M -118M -118M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol DAVA DAVA DAVA DAVA DAVA DAVA
reportedCurrency GBP GBP GBP GBP GBP GBP
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-29 2023-11-15 2023-09-19 2023-05-23 2023-03-21 2022-09-30
acceptedDate 2024-02-29 07:16:07 2023-11-15 07:23:03 2023-09-19 07:24:19 2023-05-23 07:21:59 2023-03-21 07:27:11 2022-09-29 20:00:00
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2023.000
period Q2 Q1 Q4 Q3 Q2 Q1
netIncome 8M 12M 23M 24M 15M 32M
depreciationAndAmortization 9M 9M 8M 0 0 0
deferredIncomeTax 2M 5M 2M 6M 4M 7M
stockBasedCompensation 14M 10M 7M 0 0 0
changeInWorkingCapital 11M -14M 6M -14M 10M -18M
accountsReceivables 8M 0 -4M 0 0 0
inventory 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0
otherWorkingCapital 3M -14M 10M 0 0 0
otherNonCashItems -9M -6M -13M 9M 12M 4M
netCashProvidedByOperatingActivities 35M 17M 33M 25M 41M 25M
investmentsInPropertyPlantAndEquipment -1M -807 000 -2M -4M -4M -3M
acquisitionsNet -3M -4M -44M -3M -32M 0
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites 2M -5M -19M 1M 429 000 384 000
netCashUsedForInvestingActivites -2M -10M -65M -6M -36M -3M
debtRepayment -4M -4M -4M -3M -3M -3M
commonStockIssued 0 0 0 2M 2M 21 000
commonStockRepurchased 0 0 0 0 0 0
dividendsPaid 0 0 0 0 0 0
otherFinancingActivites 3M -13 000 827 000 -3M 106 000 -72 000
netCashUsedProvidedByFinancingActivities -624 000 -4M -3M -4M -1M -3M
effectOfForexChangesOnCash -2M 935 000 150 000 -674 000 -810 000 562 000
netChangeInCash 30M 3M -34M 14M 3M 20M
cashAtEndOfPeriod 199M 168M 165M 199M 185M 182M
cashAtBeginningOfPeriod 168M 165M 199M 185M 182M 163M
operatingCashFlow 35M 17M 33M 25M 41M 25M
capitalExpenditure -1M -807 000 -2M -4M -4M -3M
freeCashFlow 34M 16M 31M 21M 37M 22M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Earning call transcript

2023 q4
2024-02-29 ET (fiscal 2024 q2)
2023 q3
2023-11-15 ET (fiscal 2024 q1)
2023 q2
2023-09-19 ET (fiscal 2023 q4)
2023 q1
2023-05-23 ET (fiscal 2023 q3)
2022 q4
2023-02-14 ET (fiscal 2023 q2)
2022 q3
2022-11-15 ET (fiscal 2023 q1)
2022 q1
2022-05-12 ET (fiscal 2022 q3)
2021 q4
2022-02-16 ET (fiscal 2022 q2)
2021 q3
2021-11-16 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-02-29 12:12 ET
Endava Announces Second Quarter Fiscal Year 2024 Results
2024-02-29 12:11 ET
Endava to Acquire GalaxE Solutions to Boost Its Position in North America Healthcare With Delivery from India
2024-02-12 13:17 ET
Endava to Announce Q2 FY2024 Financial Results on February 29, 2024
2023-12-20 13:00 ET
Endava Named for First Time in the 2023 Gartner® Magic Quadrant™ for Custom Software Development Services, Worldwide
2023-11-15 12:15 ET
Endava Announces First Quarter Fiscal Year 2024 Results
2023-11-01 20:31 ET
Endava to Announce Q1 FY2024 Financial Results on November 15, 2023
2023-09-19 11:27 ET
Endava Releases 2023 Sustainability Report
2023-09-19 11:17 ET
Endava Announces Fourth Quarter Fiscal Year 2023 & Fiscal Year 2023 Results
2023-09-05 20:22 ET
Endava to Announce Q4 FY2023 and FY2023 Financial Results on September 19, 2023
2023-08-17 13:24 ET
Toyota Racing Development unveils newest official partner, Endava
2023-08-03 21:10 ET
Endava Acquires TLM to Boost its Position in Digital Entertainment
2023-07-26 17:18 ET
Technology Holdings advises DEK Technologies, a software engineering and embedded systems specialist, on its strategic sale to Endava
2023-06-09 10:32 ET
Endava Continues Asia Pacific Expansion, Announcing the Acquisition of DEK
2023-05-23 11:19 ET
Endava Announces Third Quarter Fiscal Year 2023 Results
2023-05-10 11:50 ET
Endava Announces the Acquisition of Mudbath, Australia
2023-05-09 20:34 ET
Endava to Announce Q3 FY2023 Financial Results on May 23, 2023
2023-05-02 20:30 ET
Endava Announces New Member of Board of Directors & Management Updates
2023-02-14 12:07 ET
Endava Announces Second Quarter Fiscal Year 2023 Results
2023-02-09 13:11 ET
Endava Announces £350 Million Revolving Credit Facility
2023-02-01 16:05 ET
THOUGHTFOCUS INC. ANNOUNCES APPOINTMENT OF MICHAEL GREENBERG AS CHIEF REVENUE OFFICER
2023-01-31 21:50 ET
Endava to Announce Q2 FY2023 Financial Results on February 14, 2023
2022-11-15 12:13 ET
Endava Announces First Quarter Fiscal Year 2023 Results
2022-11-02 12:58 ET
Endava Releases State of the Industry Payments Report; Data Shows Organizations Rethinking Conventional Business Processes and Practices
2022-11-01 20:56 ET
Endava to Announce Q1 FY2023 Financial Results on November 15, 2022
2022-10-31 12:51 ET
Endava Releases 2022 Sustainability Report
2022-10-31 12:08 ET
Endava Announces New Member of Board of Directors
2022-10-06 12:40 ET
Endava Announces the Acquisition of Lexicon, Australia
2022-09-27 11:05 ET
Endava Announces Fourth Quarter Fiscal Year 2022 & Fiscal Year 2022 Results
2022-09-26 15:46 ET
Mutual Mobile has appointed George Linville as its Senior Vice President (SVP), Growth & Revenue
2022-09-20 20:14 ET
Endava to Announce Q4 FY2022 and FY2022 Financial Results on September 27, 2022
2022-05-12 11:09 ET
Endava Announces Third Quarter Fiscal Year 2022 Results
2022-04-27 20:20 ET
Endava to Announce Q3 FY2022 Financial Results on May 12, 2022
2022-04-26 13:05 ET
Endava Partners With Stripe to Upgrade Global Payment Flexibility and Merchant-Focused Growth Opportunities
2022-03-23 11:41 ET
Endava Launches Operations in Canada Building on its North America Momentum
2022-02-16 12:17 ET
Endava Announces Second Quarter Fiscal Year 2022 Results
2022-02-14 13:04 ET
Endava Aims to Achieve Net Zero Emissions as an Organisation and Through Its Value Chain, Accelerating Its Journey to a Net Positive Impact
2022-02-01 21:13 ET
Endava to Announce Q2 FY2022 Financial Results on February 16, 2022
2021-11-16 12:18 ET
Endava Announces First Quarter Fiscal Year 2022 Results
2021-11-02 20:37 ET
Endava to Announce Q1 FY2022 Financial Results on November 16, 2021
2021-10-27 18:21 ET
Endava Report Reveals Three Key Trends Driving the Future of Digital Payments
2021-09-28 11:19 ET
Endava Launches We Care Sustainability Report
2021-09-28 11:10 ET
Endava Announces Fourth Quarter Fiscal Year 2021 & Fiscal Year 2021 Results
2021-09-22 11:23 ET
Revised Earnings Date for Endava to Announce Q4 FY2021 and FY2021 Financial Results - September 28, 2021
2021-09-08 20:10 ET
Endava to Announce Q4 FY2021 and FY2021 Financial Results on September 23, 2021
2021-05-19 11:21 ET
Endava Announces Third Quarter Fiscal Year 2021 Results
2021-05-05 20:05 ET
Endava to Announce Q3 FY2021 Financial Results on May 19th, 2021
2021-05-05 15:00 ET
Levvel Announces Partnership with Core-as-a-Service Leader, Finxact
2021-04-01 12:04 ET
Endava Announces the Acquisition of Levvel LLC
2021-03-04 13:09 ET
Endava Announces the Acquisition of Pet Minuta
2021-02-17 12:20 ET
Endava Announces Second Quarter Fiscal Year 2021 Results
2021-02-03 21:10 ET
Endava to Announce Q2 FY2021 Financial Results on February 17, 2021
2020-11-12 12:14 ET
Endava Announces First Quarter Fiscal Year 2021 Results
2020-10-29 20:13 ET
Endava to Announce Q1 FY2021 Financial Results on November 12, 2020
2020-09-15 11:10 ET
Endava Announces Fourth Quarter Fiscal Year 2020 & Fiscal Year 2020 Results
2020-09-09 20:22 ET
Endava to Announce Q4 FY2020 and FY2020 Financial Results on September 15, 2020
2020-08-17 12:24 ET
Endava Announces the Acquisition of Comtrade Digital Services
2020-05-21 11:18 ET
Endava Announces Third Quarter Fiscal Year 2020 Results
2020-04-30 20:20 ET
Endava to Announce Q3 FY2020 Financial Results on May 21, 2020
2020-02-13 12:14 ET
Endava Announces Second Quarter Fiscal Year 2020 Results
2019-12-17 13:36 ET
Endava Announces the Acquisition of Exozet GmbH

SEC forms

Show financial reports only

SEC form 6
2024-03-27 00:00 ET
Endava plc published news for 2023 q4
SEC form 6
2024-03-27 00:00 ET
Endava plc published news for 2023 q4
SEC form 6
2024-02-29 07:16 ET
Endava plc published news for 2023 q4
SEC form 6
2024-02-29 07:16 ET
Endava plc published news for 2023 q4
SEC form 6
2024-02-29 07:16 ET
Endava plc reported for 2023 q4
SEC form 6
2024-02-29 07:16 ET
Endava plc published news for 2023 q4
SEC form 6
2023-11-15 07:23 ET
Endava plc reported for 2023 q3
SEC form 6
2023-11-13 07:01 ET
Endava plc published news for 2023 q3
SEC form 6
2023-09-19 07:24 ET
Endava plc published news for 2023 q2
SEC form 6
2023-08-03 17:11 ET
Endava plc published news for 2023 q2
SEC form 6
2023-05-23 07:21 ET
Endava plc reported for 2023 q1
SEC form 6
2023-05-10 07:50 ET
Endava plc published news for 2023 q1
SEC form 6
2023-05-02 16:31 ET
Endava plc published news for 2023 q1
SEC form 6
2023-03-21 00:00 ET
Endava plc reported for 2022 q4
SEC form 6
2023-02-14 07:10 ET
Endava plc reported for 2022 q4
SEC form 6
2023-02-09 16:06 ET
Endava plc published news for 2022 q4
SEC form 6
2022-12-13 16:07 ET
Endava plc published news for 2022 q3
SEC form 6
2022-12-13 16:04 ET
Endava plc published news for 2022 q3
SEC form 6
2022-11-15 10:42 ET
Endava plc published news for 2022 q3
SEC form 6
2022-11-15 07:14 ET
Endava plc published news for 2022 q3
SEC form 6
2022-10-31 08:18 ET
Endava plc published news for 2022 q3
SEC form 6
2022-10-31 08:09 ET
Endava plc published news for 2022 q3
SEC form 6
2022-10-06 08:42 ET
Endava plc published news for 2022 q3
SEC form 6
2022-09-27 07:08 ET
Endava plc published news for 2022 q2
SEC form 6
2022-05-12 07:10 ET
Endava plc published news for 2022 q1
SEC form 6
2022-03-30 00:00 ET
Endava plc published news for 2021 q4
SEC form 6
2022-02-16 07:20 ET
Endava plc published news for 2021 q4
SEC form 6
2021-12-10 08:09 ET
Endava plc published news for 2021 q3
SEC form 6
2021-11-16 07:21 ET
Endava plc published news for 2021 q3
SEC form 6
2021-11-10 07:36 ET
Endava plc published news for 2021 q3
SEC form 6
2021-09-28 07:18 ET
Endava plc published news for 2021 q2
SEC form 6
2021-09-28 07:14 ET
Endava plc published news for 2021 q2
SEC form 6
2021-05-19 07:24 ET
Endava plc published news for 2021 q1
SEC form 6
2021-04-01 08:06 ET
Endava plc published news for 2021 q1
SEC form 6
2021-03-30 08:53 ET
Endava plc published news for 2020 q4
SEC form 6
2021-03-04 08:10 ET
Endava plc published news for 2020 q4
SEC form 6
2021-02-17 07:21 ET
Endava plc published news for 2020 q4
SEC form 6
2020-12-17 06:39 ET
Endava plc published news for 2020 q3
SEC form 6
2020-11-18 06:29 ET
Endava plc published news for 2020 q3
SEC form 6
2020-11-12 07:18 ET
Endava plc published news for 2020 q3
SEC form 6
2020-08-17 08:26 ET
Endava plc published news for 2020 q2
SEC form 6
2019-11-04 07:57 ET
Endava plc published news for 2019 q3
SEC form 6
2019-10-15 07:15 ET
Endava plc published news for 2019 q3