ENDAVA PLC- SPON ADR (DAVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DAVA - US29260V1052 - ADR
6.46 USD
+0.12 (+1.89%)
6.49 USD
+0.03 (+0.46%)
Overall DAVA gets a fundamental rating of 4 out of 10. We evaluated DAVA against 86 industry peers in the IT Services industry. The financial health of DAVA is average, but there are quite some concerns on its profitability. DAVA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
DAVA had positive earnings in the past year.
In the past year DAVA had a positive cash flow from operations.
DAVA had positive earnings in each of the past 5 years.
Each year in the past 5 years DAVA had a positive operating cash flow.
1.2 Ratios
DAVA has a Return On Assets (1.16%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 1.90%, DAVA is in line with its industry, outperforming 54.65% of the companies in the same industry.
DAVA has a Return On Invested Capital (2.23%) which 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 50.00% of the companies in the same industry.
DAVA's Profit Margin has declined in the last couple of years.
DAVA has a Operating Margin of 3.16%. This is comparable to the rest of the industry: DAVA outperforms 47.67% of its industry peers.
DAVA's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 24.19%, DAVA is doing worse than 72.09% of the companies in the same industry.
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
DAVA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for DAVA has been reduced compared to 1 year ago.
Compared to 5 years ago, DAVA has more shares outstanding
Compared to 1 year ago, DAVA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.37 indicates that DAVA is not a great score, but indicates only limited risk for bankruptcy at the moment.
DAVA has a Altman-Z score (2.37) which is in line with its industry peers.
DAVA has a debt to FCF ratio of 4.49. This is a neutral value as DAVA would need 4.49 years to pay back of 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 53.49% of the companies in the same industry.
A Debt/Equity ratio of 0.40 indicates that DAVA is not too dependend on debt financing.
The Debt to Equity ratio of DAVA (0.40) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.49 | ||
| Altman-Z | 2.37 |
ROIC/WACC0.31
WACC7.28%
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 65.12% of its industry peers.
DAVA has a Quick Ratio of 2.18. This indicates that DAVA is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of DAVA (2.18) is better than 66.28% of its industry peers.
| 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%.
The Earnings Per Share has been growing slightly by 2.54% on average over the past years.
The Revenue has been growing slightly by 1.07% in the past year.
Measured over the past years, DAVA shows a quite strong growth in Revenue. The Revenue has been growing by 17.08% on average per year.
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 quite strong growth in Earnings Per Share. The EPS will grow by 14.05% on average per year.
Based on estimates for the next years, DAVA will show a small growth in Revenue. The Revenue will grow by 4.51% on average per year.
EPS Next Y-22.91%
EPS Next 2Y-1.01%
EPS Next 3Y6.25%
EPS Next 5Y14.05%
Revenue Next Year-2.42%
Revenue Next 2Y0.65%
Revenue Next 3Y2.68%
Revenue Next 5Y4.51%
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.
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
Based on the Price/Earnings ratio of 4.75, 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 94.19% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, DAVA is valued rather cheaply.
A Price/Forward Earnings ratio of 4.39 indicates a rather cheap valuation of DAVA.
DAVA's Price/Forward Earnings ratio is rather cheap when compared to the industry. DAVA is cheaper than 95.35% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DAVA to the average of the S&P500 Index (36.59), we can say DAVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.75 | ||
| Fwd PE | 4.39 |
4.2 Price Multiples
87.21% of the companies in the same industry are more expensive than DAVA, based on the Enterprise Value to EBITDA ratio.
94.19% of the companies in the same industry are more expensive than DAVA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.37 | ||
| EV/EBITDA | 6.95 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.87
EPS Next 2Y-1.01%
EPS Next 3Y6.25%
5. Dividend
5.1 Amount
No dividends for DAVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.46
+0.12 (+1.89%)
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 Cap384.08M
Revenue(TTM)755.39M
Net Income(TTM)10.81M
Analysts76.47
Price Target14.09 (118.11%)
Short Float %4.09%
Short Ratio1.94
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)-25.69%
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 | 4.75 | ||
| Fwd PE | 4.39 | ||
| P/S | 0.38 | ||
| P/FCF | 5.37 | ||
| P/OCF | 4.78 | ||
| P/B | 0.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.95 |
EPS(TTM)1.36
EY21.05%
EPS(NY)1.47
Fwd EY22.76%
FCF(TTM)1.2
FCFY18.61%
OCF(TTM)1.35
OCFY20.9%
SpS16.82
BVpS12.66
TBVpS-0.32
PEG (NY)N/A
PEG (5Y)1.87
Graham Number19.68
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 | 2.37 |
F-Score8
WACC7.28%
ROIC/WACC0.31
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 3Y6.25%
EPS Next 5Y14.05%
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 3Y2.68%
Revenue Next 5Y4.51%
EBIT growth 1Y173.93%
EBIT growth 3Y-31.05%
EBIT growth 5Y6.31%
EBIT Next Year8.89%
EBIT Next 3Y19.59%
EBIT Next 5Y15.3%
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 4.75 and the Price/Book (PB) ratio is 0.51.
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.