ENDAVA PLC- SPON ADR (DAVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DAVA - US29260V1052 - ADR
6.74 USD
+0.26 (+4.01%)
6.7796 USD
+0.04 (+0.59%)
Overall DAVA gets a fundamental rating of 4 out of 10. We evaluated DAVA against 85 industry peers in the IT Services industry. DAVA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. A decent growth rate in combination with a cheap valuation! Better keep an eye on DAVA.
1. Profitability
1.1 Basic Checks
In the past year DAVA was profitable.
In the past year DAVA had a positive cash flow from operations.
In the past 5 years DAVA has always been profitable.
DAVA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DAVA has a Return On Assets (1.16%) which is comparable to the rest of the industry.
DAVA has a Return On Equity (1.90%) which is in line with its industry peers.
The Return On Invested Capital of DAVA (2.23%) is comparable to the rest of the industry.
DAVA had an Average Return On Invested Capital over the past 3 years of 5.99%. This is significantly below the industry average of 29.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 1.9% | ||
| ROIC | 2.23% |
ROA(3y)5.4%
ROA(5y)7.77%
ROE(3y)7.6%
ROE(5y)11.34%
ROIC(3y)5.99%
ROIC(5y)9.17%
1.3 Margins
With a Profit Margin value of 1.43%, DAVA perfoms like the industry average, outperforming 49.41% of the companies in the same industry.
In the last couple of years the Profit Margin of DAVA has declined.
DAVA has a Operating Margin (3.16%) which is in line with its industry peers.
In the last couple of years the Operating Margin of DAVA has declined.
DAVA has a worse Gross Margin (24.19%) than 72.94% of its industry peers.
DAVA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.16% | ||
| PM (TTM) | 1.43% | ||
| GM | 24.19% |
OM growth 3Y-34.74%
OM growth 5Y-9.2%
PM growth 3Y-39.96%
PM growth 5Y-13.58%
GM growth 3Y-8.99%
GM growth 5Y-2.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DAVA is destroying value.
DAVA has less shares outstanding than it did 1 year ago.
DAVA has more shares outstanding than it did 5 years ago.
DAVA has a worse debt/assets ratio than last year.
2.2 Solvency
DAVA has an Altman-Z score of 2.32. This is not the best score and indicates that DAVA is in the grey zone with still only limited risk for bankruptcy at the moment.
DAVA has a Altman-Z score (2.32) which is in line with its industry peers.
The Debt to FCF ratio of DAVA is 4.49, which is a neutral value as it means it would take DAVA, 4.49 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.49, DAVA is in line with its industry, outperforming 52.94% of the companies in the same industry.
A Debt/Equity ratio of 0.40 indicates that DAVA is not too dependend on debt financing.
DAVA's Debt to Equity ratio of 0.40 is in line compared to the rest of the industry. DAVA outperforms 48.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.49 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.2
WACC11.29%
2.3 Liquidity
DAVA has a Current Ratio of 2.18. This indicates that DAVA is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of DAVA (2.18) is better than 64.71% of its industry peers.
A Quick Ratio of 2.18 indicates that DAVA has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.18, DAVA is doing good in the industry, outperforming 65.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.18 | ||
| Quick Ratio | 2.18 |
3. Growth
3.1 Past
DAVA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.59%.
Measured over the past 5 years, DAVA shows a small growth in Earnings Per Share. The EPS has been growing by 2.54% on average per year.
The Revenue has been growing slightly by 1.07% in the past year.
The Revenue has been growing by 17.08% on average over the past years. This is quite good.
EPS 1Y (TTM)3.59%
EPS 3Y-16.39%
EPS 5Y2.54%
EPS Q2Q%-40.94%
Revenue 1Y (TTM)1.07%
Revenue growth 3Y5.65%
Revenue growth 5Y17.08%
Sales Q2Q%-8.65%
3.2 Future
Based on estimates for the next years, DAVA will show a small growth in Earnings Per Share. The EPS will grow by 4.02% on average per year.
Based on estimates for the next years, DAVA will show a small growth in Revenue. The Revenue will grow by 1.79% on average per year.
EPS Next Y-22.91%
EPS Next 2Y-1.01%
EPS Next 3Y0.49%
EPS Next 5Y4.02%
Revenue Next Year-2.42%
Revenue Next 2Y0.65%
Revenue Next 3Y1.11%
Revenue Next 5Y1.79%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.92, the valuation of DAVA can be described as very cheap.
DAVA's Price/Earnings ratio is rather cheap when compared to the industry. DAVA is cheaper than 94.12% of the companies in the same industry.
When comparing the Price/Earnings ratio of DAVA to the average of the S&P500 Index (26.46), we can say DAVA is valued rather cheaply.
A Price/Forward Earnings ratio of 4.55 indicates a rather cheap valuation of DAVA.
96.47% of the companies in the same industry are more expensive than DAVA, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, DAVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.92 | ||
| Fwd PE | 4.55 |
4.2 Price Multiples
90.59% of the companies in the same industry are more expensive than DAVA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, DAVA is valued cheaply inside the industry as 95.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.94 | ||
| EV/EBITDA | 6.55 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.94
EPS Next 2Y-1.01%
EPS Next 3Y0.49%
5. Dividend
5.1 Amount
DAVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.74
+0.26 (+4.01%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners81%
Inst Owner Change-24.65%
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap356.16M
Revenue(TTM)755.39M
Net Income(TTM)10.81M
Analysts76.47
Price Target14.09 (109.05%)
Short Float %6.59%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-8.17%
Min EPS beat(2)-19.17%
Max EPS beat(2)2.83%
EPS beat(4)3
Avg EPS beat(4)1.78%
Min EPS beat(4)-19.17%
Max EPS beat(4)18.52%
EPS beat(8)6
Avg EPS beat(8)4.65%
EPS beat(12)9
Avg EPS beat(12)6.62%
EPS beat(16)13
Avg EPS beat(16)6.3%
Revenue beat(2)0
Avg Revenue beat(2)-3%
Min Revenue beat(2)-4.03%
Max Revenue beat(2)-1.97%
Revenue beat(4)0
Avg Revenue beat(4)-3.03%
Min Revenue beat(4)-4.03%
Max Revenue beat(4)-1.97%
Revenue beat(8)0
Avg Revenue beat(8)-2.63%
Revenue beat(12)0
Avg Revenue beat(12)-2.15%
Revenue beat(16)2
Avg Revenue beat(16)-1.38%
PT rev (1m)-17.81%
PT rev (3m)-37.79%
EPS NQ rev (1m)-20.09%
EPS NQ rev (3m)-41.16%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-24.78%
Revenue NQ rev (1m)-2.83%
Revenue NQ rev (3m)-5.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.92 | ||
| Fwd PE | 4.55 | ||
| P/S | 0.35 | ||
| P/FCF | 4.94 | ||
| P/OCF | 4.4 | ||
| P/B | 0.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.55 |
EPS(TTM)1.37
EY20.33%
EPS(NY)1.48
Fwd EY21.99%
FCF(TTM)1.36
FCFY20.22%
OCF(TTM)1.53
OCFY22.72%
SpS19.07
BVpS14.36
TBVpS-0.36
PEG (NY)N/A
PEG (5Y)1.94
Graham Number21.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 1.9% | ||
| ROCE | 2.94% | ||
| ROIC | 2.23% | ||
| ROICexc | 2.37% | ||
| ROICexgc | 9.97% | ||
| OM | 3.16% | ||
| PM (TTM) | 1.43% | ||
| GM | 24.19% | ||
| FCFM | 7.15% |
ROA(3y)5.4%
ROA(5y)7.77%
ROE(3y)7.6%
ROE(5y)11.34%
ROIC(3y)5.99%
ROIC(5y)9.17%
ROICexc(3y)7.62%
ROICexc(5y)12.23%
ROICexgc(3y)23.85%
ROICexgc(5y)34.64%
ROCE(3y)7.91%
ROCE(5y)12.11%
ROICexgc growth 3Y-38.47%
ROICexgc growth 5Y-7.84%
ROICexc growth 3Y-47.64%
ROICexc growth 5Y-20.33%
OM growth 3Y-34.74%
OM growth 5Y-9.2%
PM growth 3Y-39.96%
PM growth 5Y-13.58%
GM growth 3Y-8.99%
GM growth 5Y-2.39%
F-Score8
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.49 | ||
| Debt/EBITDA | 3.31 | ||
| Cap/Depr | 14.77% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | 2.7 | ||
| Cash Conversion | 87.93% | ||
| Profit Quality | 499.57% | ||
| Current Ratio | 2.18 | ||
| Quick Ratio | 2.18 | ||
| Altman-Z | 2.32 |
F-Score8
WACC11.29%
ROIC/WACC0.2
Cap/Depr(3y)21.99%
Cap/Depr(5y)27.65%
Cap/Sales(3y)1.02%
Cap/Sales(5y)1.28%
Profit Quality(3y)209.96%
Profit Quality(5y)189.49%
High Growth Momentum
Growth
EPS 1Y (TTM)3.59%
EPS 3Y-16.39%
EPS 5Y2.54%
EPS Q2Q%-40.94%
EPS Next Y-22.91%
EPS Next 2Y-1.01%
EPS Next 3Y0.49%
EPS Next 5Y4.02%
Revenue 1Y (TTM)1.07%
Revenue growth 3Y5.65%
Revenue growth 5Y17.08%
Sales Q2Q%-8.65%
Revenue Next Year-2.42%
Revenue Next 2Y0.65%
Revenue Next 3Y1.11%
Revenue Next 5Y1.79%
EBIT growth 1Y173.93%
EBIT growth 3Y-31.05%
EBIT growth 5Y6.31%
EBIT Next Year8.89%
EBIT Next 3Y13.57%
EBIT Next 5Y6.37%
FCF growth 1Y-48.48%
FCF growth 3Y-23.34%
FCF growth 5Y9.6%
OCF growth 1Y-47.67%
OCF growth 3Y-24.1%
OCF growth 5Y6.85%
ENDAVA PLC- SPON ADR / DAVA FAQ
What is the fundamental rating for DAVA stock?
ChartMill assigns a fundamental rating of 4 / 10 to DAVA.
Can you provide the valuation status for ENDAVA PLC- SPON ADR?
ChartMill assigns a valuation rating of 7 / 10 to ENDAVA PLC- SPON ADR (DAVA). This can be considered as Undervalued.
How profitable is ENDAVA PLC- SPON ADR (DAVA) stock?
ENDAVA PLC- SPON ADR (DAVA) has a profitability rating of 3 / 10.
What are the PE and PB ratios of ENDAVA PLC- SPON ADR (DAVA) stock?
The Price/Earnings (PE) ratio for ENDAVA PLC- SPON ADR (DAVA) is 4.92 and the Price/Book (PB) ratio is 0.47.
What is the earnings growth outlook for ENDAVA PLC- SPON ADR?
The Earnings per Share (EPS) of ENDAVA PLC- SPON ADR (DAVA) is expected to decline by -22.91% in the next year.