Professional
Added to YB: 2024-11-28
Pitch date: 2024-11-13
DAVA [bullish]
Endava plc
-77.13%
current return
Author Info
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Company Info
Endava plc, together with its subsidiaries, provides technology services in North America, Europe, the United Kingdom, and internationally.
Market Cap
$263.4M
Pitch Price
$29.03
Price Target
42.00 (+533%)
Dividend
N/A
EV/EBITDA
6.47
P/E
26.36
EV/Sales
0.61
Sector
IT Services
Category
value
Show full summary:
Endava plc: In-Line Results; Shares Undervalued
DAVA: Q1 rev +5.2% CC, -8% organic. FY25 guidance maintained. Undervalued at $42 PT. Expects 10% organic growth post-macro challenges. AI projects promising but longer conversion. Key risks: UK/payments weakness, low visibility on growth return. 20% historical ROIC, narrow moat from switching costs.
Read full article (9 min)