Is Endava Stock a Good Investment?

Endava Investment Advice

DAVA

To provide specific investment advice or recommendations on Endava stock, we recommend investors consider the following general factors when evaluating Endava. This will help you to make an informed decision on whether to include Endava in one of your diversified portfolios:

Examine Endava's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Endava's leadership team and their track record. Good management can help Endava navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact Endava's business and its evolving consumer preferences.
Compare Endava's performance and market position to its competitors. Analyze how Endava is positioned in terms of product offerings, innovation, and market share.
Check if Endava pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Endava's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Endava stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Endava is a good investment.

Sell

Buy

Strong Sell

Our investment recommendation module complements current analysts and expert consensus on Endava. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Endava is not overpriced, please confirm all Endava fundamentals, including its current valuation, price to book, cash and equivalents, as well as the relationship between the shares owned by institutions and gross profit . Given that Endava has a price to earning of 40.83 X, we urge you to verify Endava market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Under hyped	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Responds to the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Endava Stock

Researching Endava's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are held by institutions such as insurance companies. The book value of Endava was currently reported as 10.84. The company has Price/Earnings To Growth (PEG) ratio of 0.99. Endava had not issued any dividends in recent years.

To determine if Endava is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Endava's research are outlined below:

	Endava generated a negative expected return over the last 90 days
	Endava has high historical volatility and very poor performance
	Over 81.0% of the company shares are held by institutions such as insurance companies
	Latest headline from thelincolnianonline.com: Endava Coverage Initiated at Bank of America

Endava Quarterly Good Will

494.41 Million

Endava uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Endava. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Endava's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	13th of February 2024 Upcoming Quarterly Report	View
	28th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	17th of September 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	30th of June 2023 Last Financial Announcement	View

Earnings surprises can significantly impact Endava's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Endava's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2024-11-12	2024-09-30	0.2149	0.25	0.0351	16
2019-05-21	2019-03-31	16.71	19.0	2.29	13
2019-09-25	2019-06-30	17.66	20.0	2.34	13
2019-11-19	2019-09-30	21.21	24.0	2.79	13
2021-02-17	2020-12-31	26.13	29.0	2.87	10
2024-05-23	2024-03-31	18.33	22.0	3.67	20
2020-11-12	2020-09-30	21.79	26.0	4.21	19
2019-02-28	2018-12-31	15.72	20.0	4.28	27

Know Endava's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Endava is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Endava backward and forwards among themselves. Endava's institutional investor refers to the entity that pools money to purchase Endava's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Bamco Inc	2024-09-30	851.6 K
Ensign Peak Advisors Inc	2024-09-30	840.1 K
Grandeur Peak Global Advisors, Llc	2024-09-30	803.3 K
Df Dent & Co Inc	2024-06-30	758.2 K
Paradice Investment Management Llc	2024-09-30	749.2 K
Massachusetts Financial Services Company	2024-09-30	601.9 K
Millennium Management Llc	2024-06-30	571 K
Fidelity International Ltd	2024-06-30	540.7 K
Rathbone Brothers Plc	2024-06-30	431.1 K
Kayne Anderson Rudnick Investment Management Llc	2024-06-30	4 M
Amvescap Plc.	2024-06-30	3.1 M

Note, although Endava's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Endava's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.7 B.

Market Cap

1.42 Billion

Endava's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.05	0.04
Return On Capital Employed	0.02	0.02
Return On Assets	0.02	0.02
Return On Equity	0.03	0.03

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Determining Endava's profitability involves analyzing its financial statements and using various financial metrics to determine if Endava is a good buy. For example, gross profit margin measures Endava's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Endava's profitability and make more informed investment decisions.

Please note, the presentation of Endava's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Endava's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Endava's management manipulating its earnings.

Evaluate Endava's management efficiency

Endava has return on total asset (ROA) of 0.024 % which means that it generated a profit of $0.024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0283 %, meaning that it created $0.0283 on every $100 dollars invested by stockholders. Endava's management efficiency ratios could be used to measure how well Endava manages its routine affairs as well as how well it operates its assets and liabilities. As of November 25, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Endava's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 319.1 M, whereas Other Current Assets are forecasted to decline to about 6.8 M.

	Last Reported	Projected for Next Year
Book Value Per Share	10.94	11.49
Tangible Book Value Per Share	(0.07)	(0.07)
Enterprise Value Over EBITDA	20.56	19.53
Price Book Value Ratio	2.10	2.00
Enterprise Value Multiple	20.56	19.53
Price Fair Value	2.10	2.00
Enterprise Value	1.5 B	1.4 B

The leadership approach at Endava's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.

Beta

1.215

Basic technical analysis of Endava Stock

As of the 25th of November, Endava shows the Standard Deviation of 3.13, coefficient of variation of (13,838), and Mean Deviation of 2.35. Endava technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Endava's Outstanding Corporate Bonds

Endava issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Endava uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Endava bonds can be classified according to their maturity, which is the date when Endava has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	ENELIM 68 15 SEP 37 Corp Bond US29268BAC54	View
	ENELIM 6 07 OCT 39 Corp Bond US29268BAF85	View
	ENCOMPASS HEALTH P Corp Bond US29261AAE01	View
	Encompass Health 45 Corp Bond US29261AAA88	View
	Encompass Health 475 Corp Bond US29261AAB61	View
	US29267HAA77 Corp Bond US29267HAA77	View
	ENERGY EAST P Corp Bond US29266MAF68	View
	EDVLN 5 14 OCT 26 Corp Bond US29261HAA32	View

View All Endava Corporate Bonds

Understand Endava's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Endava's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.002
	Market Risk Adjusted Performance	(0.01)
	Mean Deviation	2.35
	Coefficient Of Variation	(13,838)
	Standard Deviation	3.13
	Variance	9.8
	Information Ratio	(0.05)
	Jensen Alpha	(0.22)
	Total Risk Alpha	(0.53)
	Treynor Ratio	(0.02)
	Maximum Drawdown	14.12
	Value At Risk	(4.81)
	Potential Upside	6.11
	Skewness	0.2441
	Kurtosis	0.3358

	Risk Adjusted Performance	0.002
	Market Risk Adjusted Performance	(0.01)
	Mean Deviation	2.35
	Coefficient Of Variation	(13,838)
	Standard Deviation	3.13
	Variance	9.8
	Information Ratio	(0.05)
	Jensen Alpha	(0.22)
	Total Risk Alpha	(0.53)
	Treynor Ratio	(0.02)
	Maximum Drawdown	14.12
	Value At Risk	(4.81)
	Potential Upside	6.11
	Skewness	0.2441
	Kurtosis	0.3358

Consider Endava's intraday indicators

Endava intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Endava stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0393
	Daily Balance Of Power	0.1667
	Rate Of Daily Change	1.01
	Day Median Price	28.47
	Day Typical Price	28.54
	Market Facilitation Index	1.14
	Price Action Indicator	0.3
	Period Momentum Indicator	0.19
	Relative Strength Index	55.44

Endava Corporate Filings

	14th of November 2024 Other Reports	View Verify
13A	13th of November 2024 An amended filing to the original Schedule 13G	View Verify
6K	12th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.	View Verify
13A	6th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934	View Verify

Endava time-series forecasting models is one of many Endava's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Endava's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Endava Stock media impact

Far too much social signal, news, headlines, and media speculation about Endava that are available to investors today. That information is available publicly through Endava media outlets and privately through word of mouth or via Endava internal channels. However, regardless of the origin, that massive amount of Endava data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Endava news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Endava relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Endava's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Endava alpha.

Endava Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Endava can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Endava Historical Investor Sentiment

Investor biases related to Endava's public news can be used to forecast risks associated with an investment in Endava. The trend in average sentiment can be used to explain how an investor holding Endava can time the market purely based on public headlines and social activities around Endava. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Endava's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Endava and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Endava news discussions. The higher the estimate score, the more favorable the investor's outlook on Endava.

Endava Corporate Directors

Sulina Connal	Independent Director	Profile
Mark Thurston	Chief Financial Officer, Executive Director	Profile
Andrew Allan	Independent Director	Profile
Ben Druskin	Independent Director	Profile

When determining whether Endava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Endava's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Endava Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endava Stock: