Financials Endava plc

Equities

DAVA

US29260V1052

IT Services & Consulting

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
29.82 USD +2.47% Intraday chart for Endava plc -0.33% -61.70%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,571 2,048 4,459 4,040 2,944 1,395 - -
Enterprise Value (EV) 1 1,500 2,000 4,389 3,877 2,779 1,171 1,073 960.9
P/E ratio 72 x 103 x 108 x 50.8 x 25.2 x 37.9 x 23 x 14 x
Yield - - - - - - - -
Capitalization / Revenue 5.45 x 5.83 x 9.99 x 6.17 x 3.7 x 1.9 x 1.69 x 1.45 x
EV / Revenue 5.21 x 5.7 x 9.83 x 5.92 x 3.5 x 1.59 x 1.3 x 1 x
EV / EBITDA 26.6 x 25.7 x 38.8 x 24.3 x 14.3 x 10.3 x 6.52 x 4.49 x
EV / FCF 50.3 x 63.6 x 53.4 x - 24.9 x 14.2 x 10.6 x 7.49 x
FCF Yield 1.99% 1.57% 1.87% - 4.01% 7.03% 9.42% 13.4%
Price to Book 9.55 x 8.81 x 15.1 x 9.44 x 4.09 x 2.17 x 1.97 x 1.74 x
Nbr of stocks (in thousands) 49,552 52,519 54,376 55,649 56,836 58,252 - -
Reference price 2 31.70 38.99 82.00 72.59 40.80 23.94 23.94 23.94
Announcement Date 9/25/19 9/15/20 9/28/21 9/27/22 9/19/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 287.9 351 446.3 654.8 794.7 734.9 825.6 965.1
EBITDA 1 56.41 77.81 113.1 159.4 194.3 114.1 164.6 214.2
EBIT 1 54.84 63.16 94.69 141.2 173.6 91.73 133.3 189.9
Operating Margin 19.05% 18% 21.22% 21.57% 21.84% 12.48% 16.14% 19.68%
Earnings before Tax (EBT) 1 30.1 25.26 54.36 102.4 114.2 44.02 81.17 120.8
Net income 1 24.01 21.41 43.44 83.09 94.16 43.98 69.09 114.4
Net margin 8.34% 6.1% 9.73% 12.69% 11.85% 5.98% 8.37% 11.85%
EPS 2 0.4400 0.3800 0.7600 1.430 1.620 0.6314 1.041 1.706
Free Cash Flow 1 29.81 31.45 82.24 - 111.5 82.33 101.1 128.3
FCF margin 10.35% 8.96% 18.43% - 14.03% 11.2% 12.25% 13.3%
FCF Conversion (EBITDA) 52.84% 40.41% 72.71% - 57.41% 72.18% 61.44% 59.91%
FCF Conversion (Net income) 124.16% 146.88% 189.31% - 118.44% 187.19% 146.35% 112.21%
Dividend per Share 2 - - - - - - - -
Announcement Date 9/25/19 9/15/20 9/28/21 9/27/22 9/19/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 147.5 157.7 169.2 180.4 196.2 205.2 203.5 189.8 188.4 183.6 174.9 184.3 196.2 198.5 198.4
EBITDA 1 40.02 38.4 39.58 41.36 44.48 47.54 46.89 42.26 34.62 26.67 20.15 30.89 36.38 38.77 41.03
EBIT 1 35.5 33.06 34.85 37.19 28.13 42.35 41.55 36.82 28.6 16.74 14.31 22.73 28.33 30.54 32.52
Operating Margin 24.08% 20.97% 20.59% 20.62% 14.34% 20.63% 20.41% 19.4% 15.18% 9.12% 8.19% 12.33% 14.44% 15.39% 16.39%
Earnings before Tax (EBT) 1 24.92 19.08 25.89 32.49 38.57 20.27 30.39 24.94 17.31 10.6 4.42 9.132 22.78 17.4 18.36
Net income 1 20.54 15.41 20.1 27.04 31.73 15.02 24.36 23.06 12.37 8.347 0.5141 6.235 14.04 12 12.44
Net margin 13.93% 9.77% 11.88% 14.99% 16.17% 7.32% 11.97% 12.15% 6.56% 4.55% 0.29% 3.38% 7.16% 6.04% 6.27%
EPS 2 0.3600 0.2700 0.3500 0.4700 0.5500 0.2600 0.4200 0.4000 0.2100 0.1400 0.008400 0.1098 0.1974 0.2050 0.2380
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/16/21 2/16/22 5/12/22 9/27/22 11/15/22 2/14/23 5/23/23 9/19/23 11/15/23 2/29/24 - - - - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 70.2 48 69.9 163 165 224 322 434
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 29.8 31.4 82.2 - 112 82.3 101 128
ROE (net income / shareholders' equity) 22.7% 27.8% 16.2% 22.8% 18.8% 8.59% 12% 14.4%
ROA (Net income/ Total Assets) 14.4% 7.34% 10.4% 15.2% 13.5% 6.65% 8.88% 10.8%
Assets 1 167.3 291.8 417.1 545.5 696 661 778.2 1,056
Book Value Per Share 2 3.320 4.420 5.440 7.690 9.970 11.00 12.10 13.80
Cash Flow per Share 2 0.6400 0.7200 1.550 2.080 2.140 1.790 2.040 2.500
Capex 1 7.38 9.88 6.11 14 13.7 10.1 21 26.4
Capex / Sales 2.56% 2.82% 1.37% 2.13% 1.72% 1.38% 2.54% 2.74%
Announcement Date 9/25/19 9/15/20 9/28/21 9/27/22 9/19/23 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
23.94 GBP
Average target price
40.46 GBP
Spread / Average Target
+69.00%
Consensus