Century Enka Limited manufactures and sells synthetic yarns in India and internationally. More Details
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Century Enka's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500280 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500280 matched the Indian Luxury industry which returned -8.6% over the past year.
Return vs Market: 500280 underperformed the Indian Market which returned 2% over the past year.
Price Volatility Vs. Market
How volatile is Century Enka's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Century Enka undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500280 (₹168.35) is trading below our estimate of fair value (₹722.43)
Significantly Below Fair Value: 500280 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500280 is good value based on its PE Ratio (7.1x) compared to the IN Luxury industry average (13.7x).
PE vs Market: 500280 is good value based on its PE Ratio (7.1x) compared to the Indian market (16.3x).
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 (0.4x) compared to the IN Luxury industry average (0.5x).
How is Century Enka forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Century Enka is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Century Enka competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Century Enka performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500280 has a large one-off gain of ₹328.6M impacting its June 30 2020 financial results.
Growing Profit Margin: 500280's current net profit margins (4.5%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 500280's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: 500280's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500280 had negative earnings growth (-28.4%) over the past year, making it difficult to compare to the Luxury industry average (-23.2%).
Return on Equity
High ROE: 500280's Return on Equity (5.1%) is considered low.
How is Century Enka's financial position?
Financial Position Analysis
Short Term Liabilities: 500280's short term assets (₹7.0B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 500280's short term assets (₹7.0B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 500280's debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 500280's debt to equity ratio has reduced from 21% to 1.7% over the past 5 years.
Debt Coverage: 500280's debt is well covered by operating cash flow (821.4%).
Interest Coverage: Insufficient data to determine if 500280's interest payments on its debt are well covered by EBIT.
What is Century Enka current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500280's dividend (4.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.57%).
High Dividend: 500280's dividend (4.75%) is in the top 25% of dividend payers in the Indian market (2.28%)
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.5%), 500280's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Century Enka has no CEO, or we have no data on them.
|Chief Financial Officer||3.67yrs||₹10.88m||0.00014% |
|Company Secretary & Compliance Officer||0.17yr||no data||no data|
|MD & Director||0.083yr||no data||no data|
Experienced Management: 500280's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
|MD & Director||0.083yr||no data||no data|
|Chairperson||no data||₹560.00k||0.12% |
|Non Executive & Independent Director||10.92yrs||₹635.00k||0.00057% |
|Additional Director||no data||no data||no data|
|Non-Executive & Independent Director||5.92yrs||₹670.00k||no data|
|Non-Executive Independent Director||0.17yr||no data||no data|
Experienced Board: 500280's board of directors are considered experienced (3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Century Enka Limited's company bio, employee growth, exchange listings and data sources
- Name: Century Enka Limited
- Ticker: 500280
- Exchange: BSE
- Founded: 1965
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹3.679b
- Shares outstanding: 21.85m
- Website: https://www.centuryenka.com
Number of Employees
- Century Enka Limited
- Plot no. 72 & 72-A
- MIDC Bhosari
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500280||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 1995|
|CENTENKA||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 1995|
Century Enka Limited manufactures and sells synthetic yarns in India and internationally. The company offers nylon industrial yarns and tire cord fabrics, including yarn, greige fabrics, and dipped fabrics ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 12:56|
|End of Day Share Price||2020/10/21 00:00|
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.