Endava plc

NYSE:DAVA Stock Report

Market Cap: US$1.1b

Endava Valuation

Is DAVA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DAVA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$27.58
Fair Value
35.5% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: DAVA ($17.78) is trading below our estimate of fair value ($27.58)

Significantly Below Fair Value: DAVA is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DAVA?

Key metric: As DAVA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DAVA. This is calculated by dividing DAVA's market cap by their current earnings.
What is DAVA's PE Ratio?
PE Ratio145.4x
EarningsUK£5.51m
Market CapUK£808.11m

Price to Earnings Ratio vs Peers

How does DAVA's PE Ratio compare to its peers?

The above table shows the PE ratio for DAVA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23x
HCKT Hackett Group
24.6x19.0%US$726.0m
CINT CI&T
23.4x25.6%US$651.5m
ASGN ASGN
15.2x10.3%US$2.6b
GLOB Globant
28.7x18.7%US$4.7b
DAVA Endava
145.4x45.3%US$1.1b

Price-To-Earnings vs Peers: DAVA is expensive based on its Price-To-Earnings Ratio (145.4x) compared to the peer average (23x).

Price to Earnings Ratio vs Industry

How does DAVA's PE Ratio compare vs other companies in the US IT Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TAOP Taoping
1.9xn/aUS$3.82m
GTCH GBT Technologies
0.08xn/aUS$1.68m
No more companies available in this PE range
DAVA 145.4xIndustry Avg. 33.3xNo. of Companies6PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DAVA is expensive based on its Price-To-Earnings Ratio (145.4x) compared to the US IT industry average (33.3x).

Price to Earnings Ratio vs Fair Ratio

What is DAVA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DAVA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio145.4x
Fair PE Ratio40.3x

Price-To-Earnings vs Fair Ratio: DAVA is expensive based on its Price-To-Earnings Ratio (145.4x) compared to the estimated Fair Price-To-Earnings Ratio (40.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DAVA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$17.78
US$36.94
+107.8%
20.9%US$51.43US$22.19n/a11
Apr ’26US$19.17
US$38.04
+98.4%
16.0%US$50.83US$30.76n/a11
Mar ’26US$23.92
US$37.58
+57.1%
15.1%US$49.79US$29.95n/a11
Feb ’26US$32.42
US$38.98
+20.2%
17.3%US$53.50US$29.48n/a11
Jan ’26US$30.90
US$37.74
+22.1%
17.7%US$54.44US$30.00n/a12
Dec ’25US$28.31
US$36.96
+30.6%
18.0%US$54.06US$29.04n/a13
Nov ’25US$23.71
US$36.92
+55.7%
20.4%US$53.90US$27.01n/a12
Oct ’25US$25.29
US$38.30
+51.4%
19.5%US$55.44US$27.99n/a12
Sep ’25US$31.97
US$43.73
+36.8%
26.2%US$67.38US$31.47n/a12
Aug ’25US$30.99
US$43.73
+41.1%
26.2%US$67.38US$31.47n/a12
Jul ’25US$29.10
US$43.07
+48.0%
25.9%US$66.03US$30.84n/a12
Jun ’25US$26.94
US$44.41
+64.9%
25.1%US$66.11US$31.05n/a12
May ’25US$31.25
US$50.23
+60.7%
20.6%US$64.37US$33.42n/a12
Apr ’25US$37.68
US$52.38
+39.0%
18.3%US$65.54US$39.27US$19.1712
Mar ’25US$39.10
US$53.35
+36.4%
24.7%US$84.59US$39.07US$23.9211
Feb ’25US$71.66
US$75.27
+5.0%
14.1%US$90.36US$54.14US$32.4211
Jan ’25US$77.85
US$71.35
-8.4%
10.9%US$85.06US$54.18US$30.9010
Dec ’24US$66.36
US$69.65
+5.0%
11.2%US$83.59US$53.24US$28.319
Nov ’24US$48.96
US$65.52
+33.8%
12.5%US$83.07US$51.99US$23.718
Oct ’24US$57.35
US$68.35
+19.2%
18.1%US$98.67US$52.80US$25.298
Sep ’24US$49.45
US$71.85
+45.3%
17.9%US$101.70US$54.27US$31.978
Aug ’24US$51.33
US$73.03
+42.3%
18.1%US$103.53US$55.25US$30.998
Jul ’24US$51.79
US$69.94
+35.0%
19.0%US$100.04US$53.38US$29.107
Jun ’24US$49.77
US$74.89
+50.5%
20.8%US$103.49US$52.74US$26.947
May ’24US$58.99
US$94.23
+59.7%
12.0%US$112.37US$81.77US$31.257
Apr ’24US$67.18
US$94.33
+40.4%
13.0%US$117.69US$78.02US$37.687
AnalystConsensusTarget
Consensus Narrative from 11 Analysts
US$36.94
Fair Value
51.9% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 10:58
End of Day Share Price 2025/04/14 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Endava plc is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Tyler DuPontBofA Global Research
Joseph ForesiCantor Fitzgerald & Co.