Discounted Cash Flow

Endava Plc. ADR

DAVA · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $115.4m $20.8m $10.9m 18.0% $0.37
2017 $159.4m (38.1%) $21.7m (4.2%) $14.7m (35.3%) 13.6% (-24.5%) $0.37 (0.0%)
2018 $217.6m (36.5%) $24.6m (13.6%) $34.0m (130.6%) 11.3% (-16.8%) $0.42 (13.5%)
2019 $287.9m (32.3%) $30.1m (22.1%) $35.3m (4.0%) 10.5% (-7.7%) $0.48 (14.3%)
2020 $350.9m (21.9%) $25.3m (-16.1%) $40.2m (13.8%) 7.2% (-31.2%) $0.40 (-16.7%)
2021 $446.3m (27.2%) $54.4m (115.2%) $88.4m (119.5%) 12.2% (69.2%) $0.79 (97.5%)
2022 $654.8m (46.7%) $102.4m (88.4%) $106.8m (20.8%) 15.6% (28.4%) $1.48 (87.3%)
2023 $794.7m (21.4%) $114.2m (11.5%) $110.8m (3.8%) 14.4% (-8.1%) $1.64 (10.8%)
2024 $740.8m (-6.8%) $27.0m (-76.4%) $48.9m (-55.9%) 3.6% (-74.6%) $0.29 (-82.3%)
2025 $772.3m (4.3%) $24.1m (-10.6%) $-12.0m (-124.5%) 3.1% (-14.3%) $0.36 (24.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model