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5002

Century Enka BSE:500280 Stock Report

Last Price

₹495.80

Market Cap

₹10.8b

7D

-7.2%

1Y

72.1%

Updated

16 May, 2022

Data

Company Financials
500280 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

500280 Stock Overview

Century Enka Limited manufactures and sells synthetic yarns and related products in India and internationally.

Century Enka Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Century Enka
Historical stock prices
Current Share Price₹495.80
52 Week High₹671.95
52 Week Low₹275.15
Beta0.62
1 Month Change-23.26%
3 Month Change-8.89%
1 Year Change72.09%
3 Year Change110.80%
5 Year Change27.42%
Change since IPO743.20%

Recent News & Updates

Shareholder Returns

500280IN LuxuryIN Market
7D-7.2%-6.6%-5.1%
1Y72.1%41.4%9.7%

Return vs Industry: 500280 exceeded the Indian Luxury industry which returned 41.4% over the past year.

Return vs Market: 500280 exceeded the Indian Market which returned 9.7% over the past year.

Price Volatility

Is 500280's price volatile compared to industry and market?
500280 volatility
500280 Average Weekly Movement7.8%
Luxury Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.7%

Stable Share Price: 500280 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 500280's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19651,656Suresh Sodanihttps://www.centuryenka.com

Century Enka Limited manufactures and sells synthetic yarns and related products in India and internationally. The company offers nylon filament yarns, such as mono filament, mother, multifilament, and tow yarns, as well as fully drawn, partially oriented, high oriented, drawn textured, air textured, draw winder, and jumbo beam yarns. It also provides tire cord fabrics, including yarn, greige fabrics, and dipped fabrics for reinforcement of tires, which are used in motorcycles, scooters, light commercial vehicles, heavy commercial vehicles, and off the road.

Century Enka Fundamentals Summary

How do Century Enka's earnings and revenue compare to its market cap?
500280 fundamental statistics
Market Cap₹10.83b
Earnings (TTM)₹1.83b
Revenue (TTM)₹19.69b

5.9x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500280 income statement (TTM)
Revenue₹19.69b
Cost of Revenue₹14.31b
Gross Profit₹5.38b
Other Expenses₹3.55b
Earnings₹1.83b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)83.79
Gross Margin27.32%
Net Profit Margin9.30%
Debt/Equity Ratio1.1%

How did 500280 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is Century Enka undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


5.92x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 500280 (₹495.8) is trading above our estimate of fair value (₹119.37)

Significantly Below Fair Value: 500280 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500280 is good value based on its PE Ratio (5.9x) compared to the Indian Luxury industry average (12.4x).

PE vs Market: 500280 is good value based on its PE Ratio (5.9x) compared to the Indian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500280's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500280 is good value based on its PB Ratio (0.9x) compared to the IN Luxury industry average (1.2x).


Future Growth

How is Century Enka forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


32.4%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Century Enka has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Century Enka performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 500280 has high quality earnings.

Growing Profit Margin: 500280's current net profit margins (9.3%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 500280's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: 500280's earnings growth over the past year (313.9%) exceeds its 5-year average (9.3% per year).

Earnings vs Industry: 500280 earnings growth over the past year (313.9%) exceeded the Luxury industry 107.4%.


Return on Equity

High ROE: 500280's Return on Equity (15.9%) is considered low.


Financial Health

How is Century Enka's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 500280's short term assets (₹8.6B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 500280's short term assets (₹8.6B) exceed its long term liabilities (₹1.0B).


Debt to Equity History and Analysis

Debt Level: 500280 has more cash than its total debt.

Reducing Debt: 500280's debt to equity ratio has reduced from 7.2% to 1.1% over the past 5 years.

Debt Coverage: 500280's debt is well covered by operating cash flow (366.5%).

Interest Coverage: 500280 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Century Enka current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.61%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 500280's dividend (1.61%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).

High Dividend: 500280's dividend (1.61%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).


Stability and Growth of Payments

Stable Dividend: 500280's dividends per share have been stable in the past 10 years.

Growing Dividend: 500280's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.5%), 500280's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (105.2%), 500280's dividend payments are not well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Suresh Sodani (54 yo)

1.67yrs

Tenure

₹9,187,000

Compensation

Mr. Suresh Sodani is the Managing Director and Director at Century Enka Limited since September 1, 2020. He has a B.com Graduation Degree. He is the Fellow Member of Institute of Chartered Accountants of I...


CEO Compensation Analysis

Compensation vs Market: Suresh's total compensation ($USD118.61K) is above average for companies of similar size in the Indian market ($USD38.73K).

Compensation vs Earnings: Insufficient data to compare Suresh's compensation with company performance.


Leadership Team

Experienced Management: 500280's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 500280's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Century Enka Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Century Enka Limited
  • Ticker: 500280
  • Exchange: BSE
  • Founded: 1965
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: ₹10.834b
  • Shares outstanding: 21.85m
  • Website: https://www.centuryenka.com

Number of Employees


Location

  • Century Enka Limited
  • Plot no. 72 & 72-A
  • MIDC Bhosari
  • Pune
  • Maharashtra
  • 411026
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.