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Endava Ltd
Buy, Hold or Sell?

Let's analyse Endava together

PenkeI guess you are interested in Endava Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Endava Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Endava (30 sec.)










What can you expect buying and holding a share of Endava? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
3.4%

What is your share worth?

Current worth
$13.35
Expected worth in 1 year
$15.59
How sure are you?
93.1%

+ What do you gain per year?

Total Gains per Share
$2.24
Return On Investment
5.9%

For what price can you sell your share?

Current Price per Share
$37.83
Expected price per share
$35.25 - $45.00
How sure are you?
50%

1. Valuation of Endava (5 min.)




Live pricePrice per Share (EOD)

$37.83

Intrinsic Value Per Share

$31.58 - $37.06

Total Value Per Share

$44.92 - $50.41

2. Growth of Endava (5 min.)




Is Endava growing?

Current yearPrevious yearGrowGrow %
How rich?$782.2m$574.9m$159.4m21.7%

How much money is Endava making?

Current yearPrevious yearGrowGrow %
Making money$21.4m$29.6m-$8.1m-37.8%
Net Profit Margin8.8%12.6%--

How much money comes from the company's main activities?

3. Financial Health of Endava (5 min.)




What can you expect buying and holding a share of Endava? (5 min.)

Welcome investor! Endava's management wants to use your money to grow the business. In return you get a share of Endava.

What can you expect buying and holding a share of Endava?

First you should know what it really means to hold a share of Endava. And how you can make/lose money.

Speculation

The Price per Share of Endava is $37.83. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Endava.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Endava, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $13.35. Based on the TTM, the Book Value Change Per Share is $0.56 per quarter. Based on the YOY, the Book Value Change Per Share is $0.80 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Endava.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.180.5%0.361.0%0.511.3%0.300.8%0.270.7%
Usd Book Value Change Per Share0.411.1%0.561.5%0.802.1%0.511.3%0.461.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.020.0%
Usd Total Gains Per Share0.411.1%0.561.5%0.802.1%0.511.3%0.481.3%
Usd Price Per Share77.85-63.54-94.61-75.50-53.89-
Price to Earnings Ratio108.29-55.36-50.33-60.75-46.73-
Price-to-Total Gains Ratio189.83-122.62-125.74-169.90-162.47-
Price to Book Ratio5.83-5.05-9.85-10.65-8.25-
Price-to-Total Gains Ratio189.83-122.62-125.74-169.90-162.47-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share37.83
Number of shares26
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.560.51
Usd Total Gains Per Share0.560.51
Gains per Quarter (26 shares)14.5313.13
Gains per Year (26 shares)58.1452.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10584805343
20116106010596
301741640158149
402332220210202
502912800263255
603493380315308
704073960368361
804654540420414
905235120473467
1005815700525520

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%28.01.00.096.6%28.01.00.096.6%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.00.02.093.1%27.00.02.093.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%1.00.028.03.4%1.00.028.03.4%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.00.02.093.1%27.00.02.093.1%

Fundamentals of Endava

About Endava Ltd

Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services. The company also provides automated testing, cloud native software engineering, continuous delivery, distributed agile delivery, intelligent automation, secure development, agile applications management, cloud infrastructure, DevSecOps, service delivery, smart desk, telemetry and monitoring, organizational optimization, and transaction advisory services. Endava plc was founded in 2000 and is headquartered in London, the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-22 20:59:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Endava Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Endava earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Endava to the Software - Infrastructure industry mean.
  • A Net Profit Margin of 4.5% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Endava Ltd:

  • The MRQ is 4.5%. The company is making a profit. +1
  • The TTM is 8.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.5%TTM8.8%-4.3%
TTM8.8%YOY12.6%-3.8%
TTM8.8%5Y9.5%-0.7%
5Y9.5%10Y9.6%-0.1%
1.1.2. Return on Assets

Shows how efficient Endava is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Endava to the Software - Infrastructure industry mean.
  • 1.1% Return on Assets means that Endava generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Endava Ltd:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.1%TTM2.2%-1.2%
TTM2.2%YOY3.6%-1.4%
TTM2.2%5Y2.7%-0.5%
5Y2.7%10Y4.0%-1.3%
1.1.3. Return on Equity

Shows how efficient Endava is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Endava to the Software - Infrastructure industry mean.
  • 1.3% Return on Equity means Endava generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Endava Ltd:

  • The MRQ is 1.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.3%TTM3.0%-1.6%
TTM3.0%YOY5.2%-2.2%
TTM3.0%5Y3.9%-0.9%
5Y3.9%10Y7.5%-3.6%

1.2. Operating Efficiency of Endava Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Endava is operating .

  • Measures how much profit Endava makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Endava to the Software - Infrastructure industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Endava Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM9.0%-9.0%
TTM9.0%YOY14.1%-5.1%
TTM9.0%5Y10.7%-1.7%
5Y10.7%10Y10.9%-0.2%
1.2.2. Operating Ratio

Measures how efficient Endava is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are $0.97 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Endava Ltd:

  • The MRQ is 0.975. The company is less efficient in keeping operating costs low.
  • The TTM is 0.909. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.975TTM0.909+0.066
TTM0.909YOY0.848+0.061
TTM0.9095Y0.886+0.023
5Y0.88610Y0.895-0.010

1.3. Liquidity of Endava Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Endava is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 3.33 means the company has $3.33 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Endava Ltd:

  • The MRQ is 3.334. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.119. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.334TTM3.119+0.215
TTM3.119YOY2.606+0.514
TTM3.1195Y2.452+0.667
5Y2.45210Y2.016+0.436
1.3.2. Quick Ratio

Measures if Endava is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Endava to the Software - Infrastructure industry mean.
  • A Quick Ratio of 3.34 means the company can pay off $3.34 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Endava Ltd:

  • The MRQ is 3.336. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.120. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.336TTM3.120+0.216
TTM3.120YOY2.608+0.512
TTM3.1205Y2.456+0.664
5Y2.45610Y2.007+0.449

1.4. Solvency of Endava Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Endava assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Endava to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.22 means that Endava assets are financed with 22.0% credit (debt) and the remaining percentage (100% - 22.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Endava Ltd:

  • The MRQ is 0.220. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.246. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.220TTM0.246-0.026
TTM0.246YOY0.298-0.052
TTM0.2465Y0.311-0.065
5Y0.31110Y0.376-0.066
1.4.2. Debt to Equity Ratio

Measures if Endava is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Endava to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 28.2% means that company has $0.28 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Endava Ltd:

  • The MRQ is 0.282. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.326. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.282TTM0.326-0.045
TTM0.326YOY0.424-0.098
TTM0.3265Y0.458-0.132
5Y0.45810Y0.679-0.220

2. Market Valuation of Endava Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Endava generates.

  • Above 15 is considered overpriced but always compare Endava to the Software - Infrastructure industry mean.
  • A PE ratio of 108.29 means the investor is paying $108.29 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Endava Ltd:

  • The EOD is 52.623. Based on the earnings, the company is expensive. -2
  • The MRQ is 108.291. Based on the earnings, the company is expensive. -2
  • The TTM is 55.361. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD52.623MRQ108.291-55.669
MRQ108.291TTM55.361+52.931
TTM55.361YOY50.325+5.035
TTM55.3615Y60.755-5.394
5Y60.75510Y46.733+14.022
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Endava Ltd:

  • The EOD is 13.056. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 26.868. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 31.266. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD13.056MRQ26.868-13.812
MRQ26.868TTM31.266-4.398
TTM31.266YOY46.455-15.190
TTM31.2665Y345.800-314.534
5Y345.80010Y240.699+105.101
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Endava is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 5.83 means the investor is paying $5.83 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Endava Ltd:

  • The EOD is 2.834. Based on the equity, the company is underpriced. +1
  • The MRQ is 5.832. Based on the equity, the company is overpriced. -1
  • The TTM is 5.050. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD2.834MRQ5.832-2.998
MRQ5.832TTM5.050+0.782
TTM5.050YOY9.851-4.800
TTM5.0505Y10.646-5.596
5Y10.64610Y8.246+2.399
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Endava Ltd.

3.1. Institutions holding Endava Ltd

Institutions are holding 88.288% of the shares of Endava Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31T. Rowe Price Associates, Inc.12.9060.0787453332-1384226-15.663
2023-12-31Kayne Anderson Rudnick Investment Management LLC5.15010.579329742211955329191.9074
2023-12-31BAMCO Inc4.07970.48852356089-98686-4.0202
2023-12-31Capital Research & Mgmt Co - Division 33.66260.03692115202657943.2104
2023-12-31FMR Inc3.13310.0108180937920610.114
2023-12-31Amvescap Plc.3.04180.03251756672890596102.8312
2023-12-31Grandeur Peak Global Advisors, LLC3.0229.56691745224-558106-24.2304
2023-12-31CDAM (UK) Ltd2.513313.99371451449255701.7933
2023-12-31Wasatch Advisors Inc.2.14330.53081237779-38700-3.0318
2023-12-31Capital World Investors1.70940.013798720027830039.258
2023-12-31DF Dent & Co Inc1.3730.8181792894-20318-2.4985
2023-12-31London Company of Virginia1.01280.25635849185849180
2023-12-31Ensign Peak Advisors Inc0.93480.0832539862-249355-31.5952
2023-12-31Massachusetts Financial Services Company0.86470.012649937730220.6088
2023-12-31T. Rowe Price Investment Management,Inc.0.83360.02444813874813870
2023-12-31GW&K Investment Management, LLC0.7270.304841987216745066.3373
2023-12-31Driehaus Capital Management LLC0.71120.38524107244107240
2023-12-31Skandinaviska Enskilda Banken AB0.68830.1792397500100002.5806
2023-12-31Royal Bank of Canada0.66060.0069381515309289428.2239
2023-12-31Rathbone Brothers PLC0.60370.1749348653-75-0.0215
Total 49.77127.576728743249+2834974+9.9%

3.2. Funds holding Endava Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31US Small-Cap Growth II Equity Comp8.87451.60715125129-1794748-25.9361
2023-12-31T. Rowe Price New Horizons8.87451.61265125129-1794748-25.9361
2023-12-31American Funds SMALLCAP World A4.1760.2609241166033892416.3515
2023-12-31Virtus KAR Small-Cap Growth I3.37264.569119477121121945135.867
2023-12-31T. Rowe Price New Horizons Tr-Z1.56491.6254903720-252425-21.8333
2023-12-31Baron Small Cap Retail1.38531.348580000000
2023-12-31Baron Opp. Small Cap Growth Strategy1.38531.346780000000
2023-10-31Grandeur Peak Intl Stalwarts Instl1.27212.654173465100
2024-01-31Invesco Discovery A1.17171.2331676666183982.7949
2023-12-31Invesco OFI Small Cap Growth1.13981.328658268356542118.1675
2023-12-31Baron Global Advantage Strategy1.02536.7218592115-66121-10.0452
2023-12-31Baron Global Advantage Institutional1.02536.713592115-66121-10.0452
2023-12-31American Funds New Perspective A1.02160.036358997600
2023-12-31Capital Group New Perspective Comp1.02160.036358997600
2023-12-31T. Rowe Price Science & Tech0.90960.52835253165253160
2023-12-31Fidelity Series Small Cap Opps0.85590.70544943038980022.2001
2024-02-29DF Dent Mid Cap Growth0.69060.9365398850-5943-1.4682
2024-01-31MFS New Discovery Value I0.63840.771368671-20171-5.1875
2024-01-31Lord Abbett Developing Growth A0.53130.93930682411023556.0738
2023-12-31T. Rowe Price Small-Cap Value0.5160.21942980002980000
Total 41.452335.192523939081-1141117-4.8%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Endava Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.4100.559-27%0.801-49%0.505-19%0.460-11%
Book Value Per Share--13.34912.588+6%9.911+35%7.689+74%5.748+132%
Current Ratio--3.3343.119+7%2.606+28%2.452+36%2.016+65%
Debt To Asset Ratio--0.2200.246-11%0.298-26%0.311-29%0.376-42%
Debt To Equity Ratio--0.2820.326-14%0.424-34%0.458-39%0.679-58%
Dividend Per Share----0%-0%-0%0.018-100%
Eps--0.1800.362-50%0.510-65%0.300-40%0.266-32%
Free Cash Flow Per Share--0.7240.550+32%0.641+13%0.435+67%0.350+107%
Free Cash Flow To Equity Per Share--0.7110.489+46%0.607+17%0.422+68%0.339+110%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--37.060--------
Intrinsic Value_10Y_min--31.576--------
Intrinsic Value_1Y_max--2.460--------
Intrinsic Value_1Y_min--2.415--------
Intrinsic Value_3Y_max--8.346--------
Intrinsic Value_3Y_min--7.948--------
Intrinsic Value_5Y_max--15.384--------
Intrinsic Value_5Y_min--14.197--------
Market Cap2184720330.000-109%4562207349.7503708205887.195+23%5488474479.968-17%4375379025.749+4%3122410454.999+46%
Net Profit Margin--0.0450.088-48%0.126-64%0.095-52%0.096-53%
Operating Margin---0.090-100%0.141-100%0.107-100%0.109-100%
Operating Ratio--0.9750.909+7%0.848+15%0.886+10%0.895+9%
Pb Ratio2.834-106%5.8325.050+15%9.851-41%10.646-45%8.246-29%
Pe Ratio52.623-106%108.29155.361+96%50.325+115%60.755+78%46.733+132%
Price Per Share37.830-106%77.85063.543+23%94.608-18%75.500+3%53.885+44%
Price To Free Cash Flow Ratio13.056-106%26.86831.266-14%46.455-42%345.800-92%240.699-89%
Price To Total Gains Ratio92.244-106%189.829122.620+55%125.742+51%169.895+12%162.471+17%
Quick Ratio--3.3363.120+7%2.608+28%2.456+36%2.007+66%
Return On Assets--0.0110.022-53%0.036-71%0.027-61%0.040-74%
Return On Equity--0.0130.030-55%0.052-74%0.039-66%0.075-82%
Total Gains Per Share--0.4100.559-27%0.801-49%0.505-19%0.478-14%
Usd Book Value--782288240.400734456872.350+7%574989326.550+36%446163205.770+75%333427734.807+135%
Usd Book Value Change Per Share--0.4100.559-27%0.801-49%0.505-19%0.460-11%
Usd Book Value Per Share--13.34912.588+6%9.911+35%7.689+74%5.748+132%
Usd Dividend Per Share----0%-0%-0%0.018-100%
Usd Eps--0.1800.362-50%0.510-65%0.300-40%0.266-32%
Usd Free Cash Flow--42450737.40032089782.150+32%37166003.550+14%25228744.650+68%20314718.938+109%
Usd Free Cash Flow Per Share--0.7240.550+32%0.641+13%0.435+67%0.350+107%
Usd Free Cash Flow To Equity Per Share--0.7110.489+46%0.607+17%0.422+68%0.339+110%
Usd Market Cap2184720330.000-109%4562207349.7503708205887.195+23%5488474479.968-17%4375379025.749+4%3122410454.999+46%
Usd Price Per Share37.830-106%77.85063.543+23%94.608-18%75.500+3%53.885+44%
Usd Profit--10532244.60021491293.050-51%29617285.050-64%17498768.580-40%15124456.924-30%
Usd Revenue--231605913.600241412623.200-4%236913675.300-2%174657914.370+33%149307314.648+55%
Usd Total Gains Per Share--0.4100.559-27%0.801-49%0.505-19%0.478-14%
 EOD+4 -4MRQTTM+17 -16YOY+16 -175Y+19 -1410Y+19 -16

4.2. Fundamental Score

Let's check the fundamental score of Endava Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1552.623
Price to Book Ratio (EOD)Between0-12.834
Net Profit Margin (MRQ)Greater than00.045
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than13.336
Current Ratio (MRQ)Greater than13.334
Debt to Asset Ratio (MRQ)Less than10.220
Debt to Equity Ratio (MRQ)Less than10.282
Return on Equity (MRQ)Greater than0.150.013
Return on Assets (MRQ)Greater than0.050.011
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Endava Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5029.764
Ma 20Greater thanMa 5037.569
Ma 50Greater thanMa 10057.495
Ma 100Greater thanMa 20062.600
OpenGreater thanClose38.230
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in GBP. All numbers in thousands.

Summary
Total Assets794,573
Total Liabilities174,595
Total Stockholder Equity619,978
 As reported
Total Liabilities 174,595
Total Stockholder Equity+ 619,978
Total Assets = 794,573

Assets

Total Assets794,573
Total Current Assets371,433
Long-term Assets423,140
Total Current Assets
Cash And Cash Equivalents 198,602
Short-term Investments 186
Net Receivables 172,645
Total Current Assets  (as reported)371,433
Total Current Assets  (calculated)371,433
+/-0
Long-term Assets
Property Plant Equipment 78,130
Goodwill 255,749
Long Term Investments 6,386
Intangible Assets 61,561
Long-term Assets  (as reported)423,140
Long-term Assets  (calculated)401,826
+/- 21,314

Liabilities & Shareholders' Equity

Total Current Liabilities111,397
Long-term Liabilities63,198
Total Stockholder Equity619,978
Total Current Liabilities
Short-term Debt 13,782
Accounts payable 84,678
Other Current Liabilities 5,335
Total Current Liabilities  (as reported)111,397
Total Current Liabilities  (calculated)103,795
+/- 7,602
Long-term Liabilities
Capital Lease Obligations 59,427
Long-term Liabilities Other 543
Long-term Liabilities  (as reported)63,198
Long-term Liabilities  (calculated)59,970
+/- 3,228
Total Stockholder Equity
Common Stock1,167
Retained Earnings 566,589
Accumulated Other Comprehensive Income 34,495
Other Stockholders Equity 17,727
Total Stockholder Equity (as reported)619,978
Total Stockholder Equity (calculated)619,978
+/-0
Other
Capital Stock1,167
Cash and Short Term Investments 198,788
Common Stock Shares Outstanding 58,603
Current Deferred Revenue7,602
Liabilities and Stockholders Equity 794,573
Net Debt -139,175
Net Invested Capital 619,978
Net Working Capital 260,036
Property Plant and Equipment Gross 78,130
Short Long Term Debt Total 59,427



Balance Sheet

Currency in GBP. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-06-30
> Total Assets 
96,530
0
106,382
103,100
155,937
138,303
151,014
151,014
200,614
207,116
222,678
277,370
322,147
336,552
360,943
385,458
389,648
409,354
473,209
514,077
539,162
571,640
621,855
690,753
708,126
722,110
770,123
798,224
794,573
794,573798,224770,123722,110708,126690,753621,855571,640539,162514,077473,209409,354389,648385,458360,943336,552322,147277,370222,678207,116200,614151,014151,014138,303155,937103,100106,382096,530
   > Total Current Assets 
44,475
0
65,788
62,200
74,429
59,700
68,093
68,093
115,356
123,029
136,879
152,939
157,989
169,402
187,447
165,979
178,936
189,962
189,688
224,974
259,653
281,558
328,178
376,441
361,642
383,547
346,667
359,555
371,433
371,433359,555346,667383,547361,642376,441328,178281,558259,653224,974189,688189,962178,936165,979187,447169,402157,989152,939136,879123,029115,35668,09368,09359,70074,42962,20065,788044,475
       Cash And Cash Equivalents 
17,144
0
23,571
16,600
25,066
9,462
15,048
15,048
51,044
59,339
70,172
83,628
78,975
87,159
101,327
70,039
84,221
78,836
69,884
82,034
114,176
120,407
162,806
182,395
185,323
199,200
164,703
168,191
198,602
198,602168,191164,703199,200185,323182,395162,806120,407114,17682,03469,88478,83684,22170,039101,32787,15978,97583,62870,17259,33951,04415,04815,0489,46225,06616,60023,571017,144
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
617
592
595
584
584
577
559
563
565
444
318
392
346
226
136
56
67
186
186675613622634639231844456556355957758458459559261700000000000
       Net Receivables 
29,104
0
40,060
45,400
49,349
50,181
53,029
53,029
64,312
63,690
66,707
68,694
78,422
81,648
85,536
95,356
94,138
110,567
119,241
142,375
145,033
160,833
164,980
193,700
176,093
184,211
181,908
191,297
172,645
172,645191,297181,908184,211176,093193,700164,980160,833145,033142,375119,241110,56794,13895,35685,53681,64878,42268,69466,70763,69064,31253,02953,02950,18149,34945,40040,060029,104
       Inventory 
177
0
62
100
14
57
16
16
0
0
-5,734
0
0
0
-6,779
0
0
0
-6,150
0
0
0
0
0
0
-678
0
0
0
000-678000000-6,150000-6,779000-5,7340016165714100620177
   > Long-term Assets 
0
0
40,594
40,900
81,508
78,603
82,921
82,921
85,258
84,087
85,799
124,431
164,158
167,150
173,496
219,479
210,712
219,392
283,521
289,103
279,509
290,082
293,677
314,312
346,484
338,563
423,456
438,669
423,140
423,140438,669423,456338,563346,484314,312293,677290,082279,509289,103283,521219,392210,712219,479173,496167,150164,158124,43185,79984,08785,25882,92182,92178,60381,50840,90040,59400
       Property Plant Equipment 
6,270
0
7,486
7,900
8,716
8,350
8,584
8,584
9,989
9,359
10,579
48,210
60,885
61,243
63,881
61,177
58,821
53,517
70,517
70,614
68,961
69,457
72,078
82,950
86,802
85,186
91,024
89,606
78,130
78,13089,60691,02485,18686,80282,95072,07869,45768,96170,61470,51753,51758,82161,17763,88161,24360,88548,21010,5799,3599,9898,5848,5848,3508,7167,9007,48606,270
       Goodwill 
14,991
0
16,198
16,100
40,517
39,267
41,062
41,062
42,447
41,197
36,760
36,251
59,467
56,219
56,885
104,780
102,739
119,506
124,417
126,440
124,591
141,621
145,916
152,604
189,684
186,946
240,818
259,092
255,749
255,749259,092240,818186,946189,684152,604145,916141,621124,591126,440124,417119,506102,739104,78056,88556,21959,46736,25136,76041,19742,44741,06241,06239,26740,51716,10016,198014,991
       Long Term Investments 
27
0
14
0
0
13
0
0
0
0
0
1,066
881
850
639
772
639
529
363
225
189
189
2,276
2,793
1,393
1,992
5,242
3,177
6,386
6,3863,1775,2421,9921,3932,7932,2761891892253635296397726398508811,06600000130014027
       Intangible Assets 
29,863
0
16,029
16,000
31,356
30,051
30,787
30,787
30,303
28,800
28,910
29,063
31,478
39,507
38,751
36,953
34,961
32,870
69,550
67,895
64,362
60,879
56,189
56,354
55,114
50,924
66,216
66,193
61,561
61,56166,19366,21650,92455,11456,35456,18960,87964,36267,89569,55032,87034,96136,95338,75139,50731,47829,06328,91028,80030,30330,78730,78730,05131,35616,00016,029029,863
       Long-term Assets Other 
0
0
0
-1,700
-1,773
0
0
0
0
84,087
85,799
124,431
164,158
167,150
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000167,150164,158124,43185,79984,0870000-1,773-1,700000
> Total Liabilities 
57,078
0
57,662
48,900
96,514
75,808
81,515
81,515
52,024
51,480
56,349
94,585
132,166
128,698
124,616
136,706
130,806
134,006
172,540
179,397
175,554
176,632
189,132
206,188
197,663
184,359
198,815
198,978
174,595
174,595198,978198,815184,359197,663206,188189,132176,632175,554179,397172,540134,006130,806136,706124,616128,698132,16694,58556,34951,48052,02481,51581,51575,80896,51448,90057,662057,078
   > Total Current Liabilities 
54,683
0
54,760
46,000
85,314
64,897
71,135
71,135
49,136
49,032
54,203
62,914
87,775
81,249
76,386
85,240
81,013
84,848
102,813
117,454
119,097
115,981
128,414
140,808
130,737
122,126
120,589
114,955
111,397
111,397114,955120,589122,126130,737140,808128,414115,981119,097117,454102,81384,84881,01385,24076,38681,24987,77562,91454,20349,03249,13671,13571,13564,89785,31446,00054,760054,683
       Short-term Debt 
299
0
29,402
0
0
23,612
19,744
19,744
39
29
21
8,564
11,443
10,763
11,132
11,102
12,150
12,170
13,543
13,007
11,960
11,779
11,898
12,945
13,768
13,859
14,573
14,698
13,782
13,78214,69814,57313,85913,76812,94511,89811,77911,96013,00713,54312,17012,15011,10211,13210,76311,4438,56421293919,74419,74423,6120029,4020299
       Short Long Term Debt 
299
0
26
0
0
33,163
1,000,000,000,000,000
0
0
29
21
12
954
22
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000022954122129001,000,000,000,000,00033,16300260299
       Accounts payable 
2,018
0
3,722
25,100
28,522
32,843
40,243
40,243
41,892
43,983
48,502
48,095
72,511
63,241
58,599
66,078
63,121
65,379
78,634
85,972
94,060
88,868
98,252
102,244
96,481
92,649
91,159
83,948
84,678
84,67883,94891,15992,64996,481102,24498,25288,86894,06085,97278,63465,37963,12166,07858,59963,24172,51148,09548,50243,98341,89240,24340,24332,84328,52225,1003,72202,018
       Other Current Liabilities 
30,321
0
20,032
20,900
56,792
4,947
8,737
8,737
1,244
1,459
3,343
1,285
1,131
1,203
3,452
1,392
1,091
1,082
6,745
5,904
5,904
15,334
13,822
25,619
20,488
15,618
7,650
8,067
5,335
5,3358,0677,65015,61820,48825,61913,82215,3345,9045,9046,7451,0821,0911,3923,4521,2031,1311,2853,3431,4591,2448,7378,7374,94756,79220,90020,032030,321
   > Long-term Liabilities 
0
0
2,902
2,900
11,200
10,911
10,380
10,380
2,888
2,448
2,146
31,671
44,391
47,449
48,230
51,466
49,793
49,158
69,727
61,943
56,457
60,651
60,718
65,380
66,926
62,233
78,226
84,023
63,198
63,19884,02378,22662,23366,92665,38060,71860,65156,45761,94369,72749,15849,79351,46648,23047,44944,39131,6712,1462,4482,88810,38010,38010,91111,2002,9002,90200
       Long term Debt Total 
0
0
0
0
0
0
0
0
5
1
0
29,603
39,545
40,409
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000040,40939,54529,60301500000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
21
38,155
50,034
51,150
53,365
51,665
51,291
46,731
63,685
60,555
56,608
55,815
55,897
64,266
67,721
64,052
69,014
68,951
59,427
59,42768,95169,01464,05267,72164,26655,89755,81556,60860,55563,68546,73151,29151,66553,36551,15050,03438,155210000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
67
113
118
108
121
136
133
138
1,947
205
209
191
4,186
4,831
3,552
545
525
4,325
9,858
543
5439,8584,3255255453,5524,8314,1861912092051,94713813313612110811811367000000000
> Total Stockholder Equity
39,452
0
48,720
54,200
59,423
62,495
69,499
69,499
148,590
155,636
166,329
182,785
189,981
207,854
236,327
248,752
258,842
275,348
300,669
334,680
363,608
395,008
432,723
484,565
510,463
537,751
571,308
599,246
619,978
619,978599,246571,308537,751510,463484,565432,723395,008363,608334,680300,669275,348258,842248,752236,327207,854189,981182,785166,329155,636148,59069,49969,49962,49559,42354,20048,720039,452
   Common Stock
1,319
0
996
1,000
996
996
996
996
1,061
1,085
1,089
1,089
1,095
1,098
1,099
1,099
1,110
1,114
1,114
1,114
1,130
1,134
1,135
1,135
1,150
1,153
1,155
1,155
1,167
1,1671,1551,1551,1531,1501,1351,1351,1341,1301,1141,1141,1141,1101,0991,0991,0981,0951,0891,0891,0851,0619969969969961,00099601,319
   Retained Earnings 
35,958
0
38,072
52,800
58,024
52,959
59,260
59,260
73,956
133,219
146,963
165,314
156,313
172,994
214,638
227,398
239,469
257,485
283,059
315,021
343,216
367,328
398,102
441,943
462,767
491,739
522,926
546,111
566,589
566,589546,111522,926491,739462,767441,943398,102367,328343,216315,021283,059257,485239,469227,398214,638172,994156,313165,314146,963133,21973,95659,26059,26052,95958,02452,80038,072035,958
   Capital Surplus 
0
0
0
0
0
0
0
0
79,132
16,451
17,271
17,280
20,278
21,286
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000021,28620,27817,28017,27116,45179,13200000000
   Treasury Stock000000000000000-1,441-1,683-1,826-1,847-2,241-3,703-1,000,000,000,000,000-1,000,000,000,000,000-4,48200-2,9560-1,371
   Other Stockholders Equity 
6,729
0
403
400
403
403
403
403
46,339
14,210
15,424
15,454
18,595
19,845
-1,120
-608
44
75
92
92
4,386
7,450
8,997
9,018
21,234
13,398
14,598
14,609
17,727
17,72714,60914,59813,39821,2349,0188,9977,4504,38692927544-608-1,12019,84518,59515,45415,42414,21046,33940340340340340040306,729



Balance Sheet

Currency in GBP. All numbers in thousands.




Cash Flow

Currency in GBP. All numbers in thousands.




Income Statement

Currency in GBP. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue794,733
Cost of Revenue-530,656
Gross Profit264,077264,077
 
Operating Income (+$)
Gross Profit264,077
Operating Expense-150,300
Operating Income112,845113,777
 
Operating Expense (+$)
Research Development0
Selling General Administrative135,304
Selling And Marketing Expenses0
Operating Expense150,300135,304
 
Net Interest Income (+$)
Interest Income3,895
Interest Expense-1,945
Other Finance Cost-632
Net Interest Income1,318
 
Pretax Income (+$)
Operating Income112,845
Net Interest Income1,318
Other Non-Operating Income Expenses0
Income Before Tax (EBT)114,163113,777
EBIT - interestExpense = 112,764
114,163
96,108
Interest Expense1,945
Earnings Before Interest and Taxes (EBIT)114,709116,108
Earnings Before Interest and Taxes (EBITDA)129,705
 
After tax Income (+$)
Income Before Tax114,163
Tax Provision-20,000
Net Income From Continuing Ops94,16394,163
Net Income94,163
Net Income Applicable To Common Shares94,163
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses680,956
Total Other Income/Expenses Net-932-1,318
 

Technical Analysis of Endava
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Endava. The general trend of Endava is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Endava's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Endava Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 40.65 < 44.62 < 45.00.

The bearish price targets are: 35.25.

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Endava Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Endava Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Endava Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Endava Ltd. The current macd is -5.52969709.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Endava price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Endava. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Endava price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Endava Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEndava Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Endava Ltd. The current adx is 47.95.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Endava shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Endava Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Endava Ltd. The current sar is 35.87.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Endava Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Endava Ltd. The current rsi is 29.76. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 2/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending up: The RSI is trending up. +1
Endava Ltd Daily Relative Strength Index (RSI) ChartEndava Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Endava Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Endava price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Endava Ltd Daily Stochastic Oscillator ChartEndava Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Endava Ltd. The current cci is 9.86930617.

Endava Ltd Daily Commodity Channel Index (CCI) ChartEndava Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Endava Ltd. The current cmo is -31.5931268.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Endava Ltd Daily Chande Momentum Oscillator (CMO) ChartEndava Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Endava Ltd. The current willr is -60.64516129.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Endava is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Endava Ltd Daily Williams %R ChartEndava Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Endava Ltd.

Endava Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Endava Ltd. The current atr is 2.26267645.

Endava Ltd Daily Average True Range (ATR) ChartEndava Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Endava Ltd. The current obv is -8,156,375.

Endava Ltd Daily On-Balance Volume (OBV) ChartEndava Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Endava Ltd. The current mfi is 42.10.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Endava Ltd Daily Money Flow Index (MFI) ChartEndava Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Endava Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Endava Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Endava Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5029.764
Ma 20Greater thanMa 5037.569
Ma 50Greater thanMa 10057.495
Ma 100Greater thanMa 20062.600
OpenGreater thanClose38.230
Total2/5 (40.0%)
Penke

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