Professional
Added to YB: 2024-06-21
Pitch date: 2024-06-10
DAVA [bullish]
Endava plc
-74.46%
current return
Author Info
No bio for this author
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
$26.00
Price Target
80.00 (+1105%)
Dividend
N/A
EV/EBITDA
6.47
P/E
26.36
EV/Sales
0.61
Sector
IT Services
Category
growth
Argosy Investors Added On: Endava plc
DAVA: Leading next-gen IT services firm focused on custom app development & customer experiences. COVID hangover after 28.9% 6yr sales CAGR due to overinvestment & tough comps, but should rebound. AI adoption an opportunity, not a threat. Undervalued at 15x depressed earnings given double-digit growth potential. $80 PT in 2-3yrs.
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