Endava Return On Tangible Assets from 2010 to 2024

DAVA Stock  USD 28.46  0.34  1.18%   
Endava's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.04. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.04622945
Current Value
0.0439
Quarterly Volatility
0.08557722
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Endava financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endava's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 6.6 M or Selling General Administrative of 167.5 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0112 or PTB Ratio of 2.0. Endava financial statements analysis is a perfect complement when working with Endava Valuation or Volatility modules.
  
Check out the analysis of Endava Correlation against competitors.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.

Latest Endava's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Endava over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Endava's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Endava's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Endava Return On Tangible Assets Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.17
Coefficient Of Variation44.87
Mean Deviation0.06
Median0.21
Standard Deviation0.09
Sample Variance0.01
Range0.2879
R-Value(0.64)
Mean Square Error0
R-Squared0.41
Significance0.01
Slope(0.01)
Total Sum of Squares0.10

Endava Return On Tangible Assets History

2024 0.0439
2023 0.0462
2021 0.2
2020 0.16
2019 0.0754
2018 0.15
2017 0.24

About Endava Financial Statements

Endava stakeholders use historical fundamental indicators, such as Endava's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Endava investors may analyze each financial statement separately, they are all interrelated. For example, changes in Endava's assets and liabilities are reflected in the revenues and expenses on Endava's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Endava. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of Endava Correlation against competitors.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.