Endava Stock Analysis

DAVA Stock  USD 3.81  -0.13  -3.30%   
The historical pricing series for Endava extends back to July 27, 2018. All values are adjusted for stock splits and dividend distributions. Endava reports a profit margin of -0.4%.
 200 Day MA
7.51
 50 Day MA
4.56
 Beta
1.11
Macro event markers
 
Covid
 
Interest Hikes
At the current market price of $3.81, DAVA trades below the analyst target price of $8.6. The analysis below evaluates DAVA against both fundamental value and technical price behavior. With profitability currently negative, the analytical focus for DAVA centers on cost structure and the path to margin recovery. DAVA is priced in U.S. dollars (USD), but its financial statements — revenue, earnings, debt, and cash flow — are filed in British pounds (GBP). Fundamental figures on this page reflect the GBP reporting currency. Price and market capitalization remain in USD.
DAVA holds a debt-to-equity ratio of 0.13 relative to information technology peers. In the latest reported period, Net Debt remains stable near £ 194.01 million. Also, Net Debt To EBITDA is broadly unchanged at 2.25x. Given Endava's cash position, gross debt may overstate financial risk, making net debt a more relevant indicator of balance sheet positioning.

Asset vs Debt

Equity vs Debt

Enterprise Value stood at £ 738.94 million as of December 31, 2025. Meanwhile, Book Value Per Share remains stable near 8.97, although Market Cap is broadly unchanged around $587.11 million.
 Price Book
0.28
 Price Sales
0.28
 Shares Float
36.85 million
 Wall Street Target Price
8.6
 Earnings Share
-0.09
Total Revenue for Endava remained near £772.3 million, while £21.2 million in Net Income and £40.3 million in Operating Income continue to shape the balance-sheet profile.
  

Stock Analysis Notes

About 53.0% of DAVA shares are held by institutions such as insurance companies. DAVA has price-to-book (P/B) ratio of 0.28. Equities trading below book value may carry value potential, though margin and return quality should confirm. Endava has Price/Earnings To Growth (PEG) ratio of 0.4. DAVA reported a loss per share of 0.09. The firm had not issued any dividends in recent years. Total Assets for Endava remained near £935.8 million, while Return On Assets at 2.5% and Asset Turnover at 1.39x continue to shape the balance-sheet profile.

Total Assets

£1.13 billion
Total Assets stood at £ 1.08 billion as of December 31, 2025.

Investor Insights and Alerts

For Endava, investor alerts are designed to highlight developments that deserve a second look before a position in the stock is increased, reduced, or left unchanged. In practice, the value comes from seeing which signals are new, which are persistent, and which are strong enough to justify action.
Endava generated a negative expected return over the last 90 days
Endava has high historical volatility and very poor performance
Endava's Piotroski F-Score indicates relatively stable underlying signals within the model framework, despite current profitability pressure

Largest EPS Surprises

Understanding the distribution of Endava's historical surprises frames expectations around upcoming earnings events. Consistent outperformance versus consensus is a positive quality signal. For this stock, read EPS surprises with profitability quality and forward revisions.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-11-11
2025-09-300.180.15-0.0316 
2024-11-12
2024-09-300.210.250.0419 
2025-02-20
2024-12-310.250.30.0520 
View All Earnings Estimates

Environmental, Social, and Governance (ESG) Scores

Reviewing Endava's ESG trend shows whether governance quality and stakeholder risk are improving or declining. For long-term investors, ESG trends add context on durability and the odds of avoidable setbacks.

Top Institutional Investors Holding Endava Stock

At micro-cap scale, institutional coverage and secondary-market liquidity are typically well established. At Endava's scale, both institutional and retail traders shape the daily action. The business currently sits in the Information Technology sector and the Software - Infrastructure industry. Watching turnover and volume trends alongside ownership data adds depth to the picture.
Shares
Legal & General Group Plc2025-12-31
253.9 K
Jane Street Group Llc2025-12-31
214.7 K
Marshall Wace Asset Management Ltd2025-12-31
205.9 K
Amvescap Plc.2025-12-31
204.2 K
Wells Fargo & Co2025-12-31
183.8 K
Bank Of America Corp2025-12-31
147 K
Public Employees Retirement System Of Ohio2025-12-31
118.2 K
Two Sigma Investments Llc2025-12-31
107.2 K
Bip Wealth, Llc2025-12-31
105.8 K
T. Rowe Price Investment Management,inc.2025-12-31
5.4 M
Paradice Investment Management Llc2025-12-31
M
Endava smaller-cap profile at 208.2 million shapes market structure and potential liquidity pressure during stressed periods. The business currently sits in the Technology sector and the Software—Infrastructure industry. Institutional flows, insider activity, and short interest together distinguish passive index allocation from active positioning for a smaller-cap like Endava.

Market Capitalization

Market value around $208.2 million keeps the company in the small-cap portion of it consulting & other services. Other size-related inputs are about 39.4 million shares outstanding, enterprise value near $463.38 million, and a workforce of about 11,529 people.

Profitability

A profitability review of Endava connects sales quality and cost control with the ability to produce steady returns across market cycles. The key question is whether current profitability is lasting, cyclical, or boosted by items that may not repeat.
Last ReportedEnd Of Year Estimate
Return On Tangible Assets0.070.06
Return On Capital Employed0.040.04
Return On Assets3.00%2.00%
Return On Equity4.00%4.00%

Management Efficiency

DAVA has return on total asset (ROA) of 1.69% a positive efficiency signal. This is lower than average in the industry. Endava also reports a return on stockholder's equity (ROE) of -0.48%, meaning that it is delivering a negative return on shareholder investment.
Last ReportedEnd Of Year Estimate
Book Value Per Share8.979.42
Tangible Book Value Per Share0.150.13
Price Book Value Ratio1.29x1.22x
Enterprise Value Multiple14x13.3x
Price Fair Value1.29x1.22x
Enterprise Value£ 738.94 million£ 1.35 billion
Management quality at Endava matters because strategic decisions eventually show up in margins, cash conversion, capital allocation, and the market's willingness to assign a premium multiple. This analysis evaluates whether leadership is improving the economics of the business in ways that can persist once the operating environment deteriorates.
 Operating Margin
-1.6%
 Three Month Return
-23.95
 Short Long Term Debt Total
275.37 million
 Ten Year Return
-84.88
 Three Year Return
-92.31

Technical Drivers

As of the 13th of May 2026, Endava reports 3.81 per share in the latest quote. Technical drivers report Standard Deviation of 3.52, coefficient of variation of -1,079, and Mean Deviation of 2.59. Price momentum and volatility relationships form the basis of the analysis. The analysis is most informative when current readings are compared to peer and historical baselines.

Price Movement Analysis - Bollinger Bands

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This analysis covers sixty data points across the selected time horizon. The Extended Parabolic SAR indicator is used to determine the direction of Endava's momentum and the point in time when it has higher than normal probability of directional change. It has more input parameters than standard Parabolic SAR indicator.

Insider Trading Activities

Insider disclosures for Endava show how people closest to the business are behaving as market expectations change. The goal is to tell routine pay-related sales apart from trades that reflect genuine conviction.

Outstanding Bonds

Endava may use bonds as part of its capital structure to fund operations, refinance liabilities, or support acquisitions and other long-duration investments. Longer-dated obligations can improve financing stability, but they also leave investors more exposed if the underlying business weakens before the debt matures.

Predictive Daily Indicators

For active positions in Endava, intraday data shows when a move is gaining strength and when it is fading. They help with timing and trade management, but still need to match broader trend and volatility conditions.

Forecast Models

Forecast models for Endava use past prices and returns to estimate how the stock may behave under similar conditions. These models extrapolate historical structure, which can fail when volatility regimes or macro conditions materially shift.

Financial Strength and Earnings Quality Indicators

Endava financial ratings play a critical role in determining how much Endava has to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Endava's borrowing costs.
Piotroski F Score
7
StrongView
Beneish M Score
-2.23
Unlikely ManipulatorView

Debt to Cash Allocation

The debt-to-cash mix for Endava helps explain how management balances flexibility and funding cost through a business cycle.
Total debt stands at approximately £ 228.05 million with Debt to Equity (D/E) ratio of 0.13. Endava has a current ratio of 2.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Endava's use of debt should be considered alongside its cash position and equity base.

Total Assets Over Time

Assets Financed by Debt

Debt finances 23.0% of DAVA's total assets — a relatively low share of the asset base, though leverage can still appear elevated relative to peers when measured against equity rather than total assets.
Endava Debt Ratio
    
  23.0   
The data indicates most of Endava's assets are financed through equity. A high debt-to-asset ratio signals elevated leverage, increasing Endava's exposure to interest rate changes and credit tightening. It can also constrain Endava's borrowing capacity and reduce financial flexibility.

Corporate Bonds Issued

Bond maturity for Endava is a core risk dimension. Longer duration can offer higher yield, but price sensitivity and credit uncertainty also increase.

Endava Short Long Term Debt Total

Short Long Term Debt Total

£275.37 million
Short and Long Term Debt Total stood at £ 262.26 million as of December 31, 2025.

Stock Analysis Methodology

As a micro-cap equity, Endava is scored on valuation, solvency, and operating efficiency. Endava operates in IT Consulting & Other Services within Software - Infrastructure in Information Technology. Balance sheet indicators include debt-to-equity of 0.13 and current ratio of 2.67. A beta of -0.6896 indicates low sensitivity to broad market moves.

Endava metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Where analyst coverage exists, consensus estimates are factored in.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board

Current Endava Analyst Rating Consensus

Target PriceConsensus# of Analysts
8.6Buy12Odds
Current and historical analyst recommendations for Endava are summarized from research sources. The view also includes average analyst consensus. Coverage by multiple analysts provides a broader perspective on Endava's valuation trajectory. Changes in analyst price targets for Endava can be as informative as the ratings themselves.
Endava Analyst Advice Details

Endava Stock Analysis Indicators

Diagnostics snapshot includes 18 indicators such as Begin Period Cash Flow, Long Term Debt, Common Stock Shares Outstanding.
Begin Period Cash Flow62.36 million
Long Term Debt180.94 million
Common Stock Shares Outstanding58.88 million
Total Stockholder Equity582.94 million
Total Cashflows From Investing Activities-9.94 million
Tax Provision2.9 million
Quarterly Earnings Growth Y O Y-0.214
Property Plant And Equipment Net55.69 million
Cash And Short Term Investments59.47 million
Cash59.34 million
Accounts Payable22.66 million
Net Debt168.71 million
50 Day M A4.5562
Total Current Liabilities121.72 million
Other Operating Expenses740.75 million
Non Current Assets Total653.92 million
Forward Price Earnings2.907
Stock Based Compensation32.05 million