Maskot Investment Thesis Endava (NYSE: DAVA ) has performed well since going public in 2018, as it benefited from the pandemic that boosted the adoption of technologies. However, the company has pulled back over 60% from its all-time high in 2021 as the market sentiment turned south due to rising rates and inflation. I believe the drop should be temporary and offers a great buying opportunity for investors. Despite the volatility surrounding the economy, digital transformation remains a priority for companies, which should continue to drive demand. The latest earnings also showed little slowdown as top-line growth is still very upbeat. The company’s valuation now looks attractive as multiples are below peers and its own historical averages, which should offer meaningful upside potential. Data by YCharts The Digital Transformation Tailwind Endava is a London-based digital consulting company founded in 2000 by John Cotterell. The company provides digital transformation services through fast-growing technologies such as Cloud, e-commerce, and digital payments. It works hand in hand with customers from generating ideas to prototyping and to actual production. It has a strong presence in Europe and the UK with 62% of revenue generated from the region. Current customers include notable names such […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
