Professional
Added to YB: 2024-04-18
Pitch date: 2024-04-14
DAVA [bullish]
Endava plc
-78.36%
current return
Author Info
White Falcon Capital is a value-investing fund that aspires to buy and hold a collection of wonderful publicly listed businesses run by aligned and like-minded managers and owners. Follow on Twitter/X.
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
$30.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.47
P/E
26.36
EV/Sales
0.61
Sector
IT Services
Category
value
MWhite Falcon Capital Management Portfolio Holding: Endava plc
DAVA: Endava guides -ve FY24 rev growth on AI uncertainty, over-exposure to payments slowdown; Op margins hit as costs mismatch. Strong BS & mgmt to navigate near-term challenges. Compelling at 11x LTM, 8x NTM EBITDA for quality biz well-placed for LT tech trends.
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