ENDAVA PLC- SPON ADR (DAVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DAVA - US29260V1052 - ADR
6.69 USD
+0.02 (+0.3%)
6.7 USD
+0.01 (+0.15%)
Taking everything into account, DAVA scores 4 out of 10 in our fundamental rating. DAVA was compared to 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. DAVA may be a bit undervalued, certainly considering the very reasonable score on growth
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.
Each year in the past 5 years DAVA has been profitable.
DAVA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.16%, DAVA perfoms like the industry average, outperforming 48.24% of the companies in the same industry.
The Return On Equity of DAVA (1.90%) 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.
DAVA had an Average Return On Invested Capital over the past 3 years of 5.99%. This is significantly below the industry average of 29.59%.
| 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
The Profit Margin of DAVA (1.43%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of DAVA has declined.
DAVA's Operating Margin of 3.16% is in line compared to the rest of the industry. DAVA outperforms 45.88% of its industry peers.
DAVA's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 24.19%, DAVA is not doing good in the industry: 74.12% of the companies in the same industry are doing better.
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.
Compared to 1 year ago, DAVA has less shares outstanding
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 2.33. 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 (2.33) which is comparable to the rest of the industry.
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.
The Debt to FCF ratio of DAVA (4.49) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.40 indicates that DAVA is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.40, DAVA perfoms like the industry average, outperforming 45.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.49 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.3
WACC7.39%
2.3 Liquidity
A Current Ratio of 2.18 indicates that DAVA has no problem at all paying its short term obligations.
The Current ratio of DAVA (2.18) is better than 63.53% 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.
DAVA's Quick ratio of 2.18 is fine compared to the rest of the industry. DAVA outperforms 64.71% 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.
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.
Looking at the last year, DAVA shows a small growth in Revenue. The Revenue has grown by 1.07% in the last year.
DAVA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.08% yearly.
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
DAVA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.02% yearly.
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-29.02%
EPS Next 2Y-6.38%
EPS Next 3Y2.12%
EPS Next 5Y4.02%
Revenue Next Year-4.48%
Revenue Next 2Y-0.51%
Revenue Next 3Y0.93%
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
A Price/Earnings ratio of 4.88 indicates a rather cheap valuation of DAVA.
Based on the Price/Earnings ratio, DAVA is valued cheaper than 94.12% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.59, DAVA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.05, the valuation of DAVA can be described as very cheap.
95.29% of the companies in the same industry are more expensive than DAVA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of DAVA to the average of the S&P500 Index (23.80), we can say DAVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.88 | ||
| Fwd PE | 5.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DAVA indicates a rather cheap valuation: DAVA is cheaper than 89.41% of the companies listed in the same industry.
DAVA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DAVA is cheaper than 95.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.91 | ||
| EV/EBITDA | 6.66 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.92
EPS Next 2Y-6.38%
EPS Next 3Y2.12%
5. Dividend
5.1 Amount
DAVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.69
+0.02 (+0.3%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners62.35%
Inst Owner Change-24.65%
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap353.52M
Revenue(TTM)755.39M
Net Income(TTM)10.81M
Analysts73.75
Price Target11.51 (72.05%)
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)-30.77%
PT rev (3m)-47.68%
EPS NQ rev (1m)-20.09%
EPS NQ rev (3m)-41.16%
EPS NY rev (1m)-7.92%
EPS NY rev (3m)-30.74%
Revenue NQ rev (1m)-3.01%
Revenue NQ rev (3m)-5.69%
Revenue NY rev (1m)-2.11%
Revenue NY rev (3m)-3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.88 | ||
| Fwd PE | 5.05 | ||
| P/S | 0.35 | ||
| P/FCF | 4.91 | ||
| P/OCF | 4.38 | ||
| P/B | 0.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.66 |
EPS(TTM)1.37
EY20.48%
EPS(NY)1.32
Fwd EY19.79%
FCF(TTM)1.36
FCFY20.35%
OCF(TTM)1.53
OCFY22.86%
SpS19.04
BVpS14.34
TBVpS-0.36
PEG (NY)N/A
PEG (5Y)1.92
Graham Number21.02
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 | 2.33 |
F-Score8
WACC7.39%
ROIC/WACC0.3
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-29.02%
EPS Next 2Y-6.38%
EPS Next 3Y2.12%
EPS Next 5Y4.02%
Revenue 1Y (TTM)1.07%
Revenue growth 3Y5.65%
Revenue growth 5Y17.08%
Sales Q2Q%-8.65%
Revenue Next Year-4.48%
Revenue Next 2Y-0.51%
Revenue Next 3Y0.93%
Revenue Next 5Y1.79%
EBIT growth 1Y173.93%
EBIT growth 3Y-31.05%
EBIT growth 5Y6.31%
EBIT Next Year-4.9%
EBIT Next 3Y9.68%
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 4.88 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 -29.02% in the next year.