Endava Net Tangible Assets vs Net Invested Capital Analysis

DAVA Stock

USD 31.55 0.05 0.16%

Endava financial indicator trend analysis is much more than just examining Endava latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endava is a good investment. Please check the relationship between Endava Net Tangible Assets and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endava Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Endava's Net Tangible Assets and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Endava, assuming nothing else is changed. The correlation between historical values of Endava's Net Tangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Endava are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Endava's Net Tangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Endava's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endava current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.At present, Endava's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Tax Provision is forecasted to decline to about 9.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	264.1M	179.7M	206.7M	124.6M
Total Revenue	794.7M	740.8M	851.9M	894.5M

Gross Profit Total Revenue

Endava fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.93	0.99	1.0	0.95	0.97	0.99	0.07	0.57	0.97	-0.19	1.0	0.97	0.58	0.01	0.62	0.84	0.98	0.95	-0.37	0.81	-0.51	0.36	0.98	-0.47	0.96
Other Current Liab	0.93		0.94	0.93	0.94	0.9	0.93	-0.21	0.62	0.91	-0.14	0.93	0.87	0.54	0.23	0.53	0.72	0.9	0.84	-0.32	0.83	-0.46	0.39	0.89	-0.41	0.91
Total Current Liabilities	0.99	0.94		0.98	0.96	0.94	0.98	0.09	0.58	0.96	-0.15	0.99	0.94	0.65	0.02	0.61	0.79	0.97	0.91	-0.28	0.81	-0.59	0.45	0.98	-0.55	0.95
Total Stockholder Equity	1.0	0.93	0.98		0.95	0.98	1.0	0.07	0.63	0.98	-0.2	1.0	0.95	0.6	0.01	0.65	0.84	0.97	0.93	-0.4	0.85	-0.52	0.34	0.96	-0.47	0.97
Other Liab	0.95	0.94	0.96	0.95		0.89	0.95	0.0	0.57	0.94	-0.2	0.96	0.89	0.6	0.1	0.56	0.72	0.92	0.85	-0.3	0.81	-0.55	0.43	0.94	-0.46	0.94
Net Tangible Assets	0.97	0.9	0.94	0.98	0.89		0.98	0.11	0.73	0.97	-0.23	0.97	0.89	0.58	-0.07	0.67	0.83	0.92	0.88	-0.47	0.89	-0.49	0.26	0.91	-0.42	0.96
Retained Earnings	0.99	0.93	0.98	1.0	0.95	0.98		0.07	0.65	0.98	-0.21	1.0	0.94	0.6	0.0	0.65	0.83	0.96	0.92	-0.4	0.86	-0.52	0.34	0.96	-0.47	0.97
Accounts Payable	0.07	-0.21	0.09	0.07	0.0	0.11	0.07		0.18	0.15	-0.16	0.09	0.01	0.44	-0.66	0.38	0.07	0.05	-0.02	-0.02	0.1	-0.5	0.05	0.11	-0.43	0.11
Cash	0.57	0.62	0.58	0.63	0.57	0.73	0.65	0.18		0.71	-0.2	0.61	0.36	0.54	-0.25	0.56	0.38	0.43	0.34	-0.44	0.89	-0.48	0.15	0.43	-0.28	0.7
Other Assets	0.97	0.91	0.96	0.98	0.94	0.97	0.98	0.15	0.71		-0.23	0.98	0.89	0.66	-0.08	0.69	0.76	0.92	0.85	-0.44	0.89	-0.58	0.33	0.93	-0.49	0.98
Long Term Debt	-0.19	-0.14	-0.15	-0.2	-0.2	-0.23	-0.21	-0.16	-0.2	-0.23		-0.19	-0.16	0.13	0.08	-0.16	-0.2	-0.16	-0.15	0.75	-0.2	-0.3	0.59	-0.16	-0.26	-0.21
Net Receivables	1.0	0.93	0.99	1.0	0.96	0.97	1.0	0.09	0.61	0.98	-0.19		0.95	0.62	0.01	0.65	0.83	0.97	0.93	-0.36	0.84	-0.55	0.37	0.97	-0.5	0.97
Good Will	0.97	0.87	0.94	0.95	0.89	0.89	0.94	0.01	0.36	0.89	-0.16	0.95		0.48	0.1	0.55	0.88	0.99	0.99	-0.31	0.66	-0.41	0.33	0.98	-0.43	0.87
Common Stock Total Equity	0.58	0.54	0.65	0.6	0.6	0.58	0.6	0.44	0.54	0.66	0.13	0.62	0.48		-0.18	0.71	0.38	0.54	0.42	0.18	0.67	-0.94	0.72	0.6	-0.88	0.63
Inventory	0.01	0.23	0.02	0.01	0.1	-0.07	0.0	-0.66	-0.25	-0.08	0.08	0.01	0.1	-0.18		0.11	0.22	0.03	0.11	0.16	-0.11	0.17	-0.01	0.03	0.1	-0.16
Other Current Assets	0.62	0.53	0.61	0.65	0.56	0.67	0.65	0.38	0.56	0.69	-0.16	0.65	0.55	0.71	0.11		0.71	0.55	0.51	-0.27	0.7	-0.62	0.17	0.61	-0.49	0.56
Other Stockholder Equity	0.84	0.72	0.79	0.84	0.72	0.83	0.83	0.07	0.38	0.76	-0.2	0.83	0.88	0.38	0.22	0.71		0.83	0.9	-0.36	0.61	-0.3	0.1	0.82	-0.31	0.69
Total Liab	0.98	0.9	0.97	0.97	0.92	0.92	0.96	0.05	0.43	0.92	-0.16	0.97	0.99	0.54	0.03	0.55	0.83		0.97	-0.32	0.72	-0.48	0.37	0.99	-0.47	0.92
Long Term Investments	0.95	0.84	0.91	0.93	0.85	0.88	0.92	-0.02	0.34	0.85	-0.15	0.93	0.99	0.42	0.11	0.51	0.9	0.97		-0.3	0.64	-0.35	0.3	0.95	-0.38	0.84
Short Long Term Debt	-0.37	-0.32	-0.28	-0.4	-0.3	-0.47	-0.4	-0.02	-0.44	-0.44	0.75	-0.36	-0.31	0.18	0.16	-0.27	-0.36	-0.32	-0.3		-0.42	-0.33	0.67	-0.29	-0.42	-0.42
Total Current Assets	0.81	0.83	0.81	0.85	0.81	0.89	0.86	0.1	0.89	0.89	-0.2	0.84	0.66	0.67	-0.11	0.7	0.61	0.72	0.64	-0.42		-0.56	0.31	0.72	-0.36	0.88
Treasury Stock	-0.51	-0.46	-0.59	-0.52	-0.55	-0.49	-0.52	-0.5	-0.48	-0.58	-0.3	-0.55	-0.41	-0.94	0.17	-0.62	-0.3	-0.48	-0.35	-0.33	-0.56		-0.78	-0.54	0.88	-0.55
Short Term Debt	0.36	0.39	0.45	0.34	0.43	0.26	0.34	0.05	0.15	0.33	0.59	0.37	0.33	0.72	-0.01	0.17	0.1	0.37	0.3	0.67	0.31	-0.78		0.4	-0.78	0.37
Intangible Assets	0.98	0.89	0.98	0.96	0.94	0.91	0.96	0.11	0.43	0.93	-0.16	0.97	0.98	0.6	0.03	0.61	0.82	0.99	0.95	-0.29	0.72	-0.54	0.4		-0.52	0.92
Common Stock	-0.47	-0.41	-0.55	-0.47	-0.46	-0.42	-0.47	-0.43	-0.28	-0.49	-0.26	-0.5	-0.43	-0.88	0.1	-0.49	-0.31	-0.47	-0.38	-0.42	-0.36	0.88	-0.78	-0.52		-0.47
Property Plant Equipment	0.96	0.91	0.95	0.97	0.94	0.96	0.97	0.11	0.7	0.98	-0.21	0.97	0.87	0.63	-0.16	0.56	0.69	0.92	0.84	-0.42	0.88	-0.55	0.37	0.92	-0.47

Click cells to compare fundamentals

Endava Account Relationship Matchups

Endava fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	473.2M	621.9M	770.1M	1.0B	1.2B	1.2B
Other Current Liab	74.1M	100.4M	88.8M	95.3M	109.6M	115.1M
Total Current Liabilities	102.8M	128.4M	120.6M	153.9M	176.9M	185.8M
Total Stockholder Equity	300.7M	432.7M	571.3M	639.5M	735.4M	772.1M
Other Liab	6.0M	19.6M	16.7M	23.8M	27.4M	28.7M
Net Tangible Assets	140.7M	106.7M	230.6M	264.3M	303.9M	319.1M
Retained Earnings	283.1M	398.1M	522.9M	573.6M	659.7M	692.7M
Accounts Payable	7.0M	8.2M	5.5M	11.0M	12.6M	19.0M
Cash	69.9M	162.8M	164.7M	62.4M	71.7M	73.0M
Other Assets	14.0M	19.0M	19.5M	25.4M	29.2M	30.7M
Net Receivables	113.1M	132.0M	172.3M	193.6M	222.6M	233.7M
Good Will	124.4M	145.9M	240.8M	515.7M	593.1M	622.7M
Short Term Investments	563K	392K	56K	183K	210.5K	177.8K
Other Current Assets	6.2M	8.9M	11.1M	11.5M	13.2M	6.8M
Other Stockholder Equity	(4.1M)	9.0M	14.6M	21.3M	24.4M	25.7M
Total Liab	172.5M	189.1M	198.8M	374.4M	430.6M	452.1M
Long Term Investments	363K	2.3M	5.2M	10.5M	12.1M	12.7M
Total Current Assets	189.7M	328.2M	346.7M	267.6M	307.8M	175.0M
Accumulated Other Comprehensive Income	16.4M	24.5M	32.6M	43.4M	49.9M	52.4M
Short Term Debt	13.5M	11.9M	14.6M	14.5M	16.6M	13.1M
Intangible Assets	69.6M	56.2M	66.2M	127.8M	147.0M	154.3M
Common Stock	1.1M	1.1M	1.2M	1.2M	1.1M	926.2K
Property Plant Equipment	63.9M	70.5M	72.1M	91.0M	104.7M	109.9M
Non Current Assets Total	283.5M	293.7M	423.5M	746.3M	858.2M	901.1M
Cash And Short Term Investments	70.4M	163.2M	164.8M	62.5M	71.9M	75.3M
Liabilities And Stockholders Equity	473.2M	621.9M	770.1M	1.0B	1.2B	1.2B
Non Current Liabilities Total	69.7M	60.7M	78.2M	220.6M	253.7M	266.3M
Capital Lease Obligations	63.7M	55.9M	69.0M	58.0M	66.7M	70.0M
Property Plant And Equipment Gross	70.5M	72.1M	91.0M	103.3M	118.8M	124.7M
Non Current Liabilities Other	205K	4.8M	4.3M	509K	585.4K	556.1K
Short Long Term Debt Total	63.7M	55.9M	69.0M	202.8M	233.2M	244.8M
Property Plant And Equipment Net	70.5M	72.1M	91.0M	73.9M	85.0M	49.2M
Current Deferred Revenue	3.9M	4.4M	7.2M	6.1M	7.1M	4.3M

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MSFT	Microsoft
V	Visa Class A
C	Citigroup

When determining whether Endava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Endava's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Endava Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endava Stock:

How To Invest In Endava

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Is Endava Stock a good investment?

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What is Endava's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Endava. If investors know Endava will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Endava listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.46)

Earnings Share

0.15

Revenue Per Share

12.702

Quarterly Revenue Growth

0.024

Return On Equity

0.0283

The market value of Endava is measured differently than its book value, which is the value of Endava that is recorded on the company's balance sheet. Investors also form their own opinion of Endava's value that differs from its market value or its book value, called intrinsic value, which is Endava's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Endava's market value can be influenced by many factors that don't directly affect Endava's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Endava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endava's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Endava Net Tangible Assets vs Net Invested Capital Analysis

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Invested Capital

Endava fundamental ratios Correlations

Endava Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Endava fundamental ratios Accounts

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MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Retained Earnings
Total Current Liabilities	+ 0.99	Total Assets

Treasury Stock	- 0.94	Common Stock Total Equity
Common Stock	- 0.88	Common Stock Total Equity
Common Stock	- 0.78	Short Term Debt
Short Term Debt	- 0.78	Treasury Stock
Inventory	- 0.66	Accounts Payable
Treasury Stock	- 0.62	Other Current Assets