ENDAVA PLC- SPON ADR (DAVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DAVA - US29260V1052 - ADR
6.05 USD
-0.2 (-3.2%)
6.12 USD
+0.07 (+1.16%)
DAVA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 85 industry peers in the IT Services industry. While DAVA seems to be doing ok healthwise, there are quite some concerns on its profitability. DAVA is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year DAVA was profitable.
DAVA had a positive operating cash flow in the past year.
DAVA had positive earnings in each of the past 5 years.
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 comparable to the rest of the industry.
DAVA has a Return On Invested Capital of 2.23%. This is comparable to the rest of the industry: DAVA outperforms 51.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DAVA 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
DAVA's Profit Margin of 1.43% is in line compared to the rest of the industry. DAVA outperforms 49.41% of its industry peers.
In the last couple of years the Profit Margin of DAVA has declined.
DAVA has a Operating Margin of 3.16%. This is comparable to the rest of the industry: DAVA outperforms 47.06% of its industry peers.
In the last couple of years the Operating Margin of DAVA has declined.
The Gross Margin of DAVA (24.19%) is worse 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DAVA is destroying value.
DAVA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for DAVA has been increased compared to 5 years ago.
Compared to 1 year ago, DAVA has a worse debt to assets ratio.
2.2 Solvency
DAVA has an Altman-Z score of 2.30. 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.
With a Altman-Z score value of 2.30, DAVA perfoms like the industry average, outperforming 45.88% of the companies in the same industry.
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.
DAVA has a Debt to FCF ratio (4.49) which is in line with its industry peers.
DAVA has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
DAVA has a Debt to Equity ratio (0.40) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.49 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.2
WACC10.95%
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.
Looking at the Current ratio, with a value of 2.18, DAVA is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
A Quick Ratio of 2.18 indicates that DAVA has no problem at all paying its short term obligations.
The Quick ratio of DAVA (2.18) is better than 65.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.18 | ||
| Quick Ratio | 2.18 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.59% over the past year.
DAVA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.54% yearly.
DAVA shows a small growth in Revenue. In the last year, the Revenue has grown by 1.07%.
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
The Earnings Per Share is expected to grow by 4.02% on average over the next years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.45, the valuation of DAVA can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of DAVA indicates a rather cheap valuation: DAVA is cheaper than 94.12% of the companies listed in the same industry.
DAVA is valuated cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 4.12, the valuation of DAVA can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DAVA indicates a rather cheap valuation: DAVA is cheaper than 96.47% of the companies listed in the same industry.
DAVA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.45 | ||
| Fwd PE | 4.12 |
4.2 Price Multiples
DAVA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DAVA is cheaper than 91.76% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, DAVA is valued cheaper than 95.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.48 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.75
EPS Next 2Y-1.01%
EPS Next 3Y0.49%
5. Dividend
5.1 Amount
No dividends for DAVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.05
-0.2 (-3.2%)
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 Cap319.70M
Revenue(TTM)755.39M
Net Income(TTM)10.81M
Analysts76.47
Price Target14.09 (132.89%)
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 | 4.45 | ||
| Fwd PE | 4.12 | ||
| P/S | 0.32 | ||
| P/FCF | 4.48 | ||
| P/OCF | 3.99 | ||
| P/B | 0.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.33 |
EPS(TTM)1.36
EY22.48%
EPS(NY)1.47
Fwd EY24.25%
FCF(TTM)1.35
FCFY22.3%
OCF(TTM)1.52
OCFY25.05%
SpS18.87
BVpS14.21
TBVpS-0.36
PEG (NY)N/A
PEG (5Y)1.75
Graham Number20.85
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 | 2.3 |
F-Score8
WACC10.95%
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 4.45 and the Price/Book (PB) ratio is 0.43.
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.