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CENT

Century EnkaNSEI:CENTENKA Stock Report

Last Price

₹550.60

Market Cap

₹12.0b

7D

16.0%

1Y

139.4%

Updated

19 Jan, 2022

Data

Company Financials
CENTENKA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

CENTENKA Stock Overview

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

Rewards

PE ratio (7.3x) is below the Indian market (23.4x)

Earnings grew by 688.2% over the past year

Pays a high and reliable dividend of 1.45%

Risk Analysis

No risks detected for CENTENKA from our risk checks.

Century Enka Competitors

Indo Rama Synthetics (India)

BSE:500207

₹21.7b

JBF Industries

BSE:514034

₹1.7b

SRF

BSE:503806

₹757.5b

Price History & Performance

Summary of all time highs, changes and price drops for Century Enka
Historical stock prices
Current Share Price₹550.60
52 Week High₹594.00
52 Week Low₹218.00
Beta0.73
1 Month Change41.36%
3 Month Change21.96%
1 Year Change139.39%
3 Year Change119.01%
5 Year Change85.51%
Change since IPO-80.34%

Recent News & Updates

Dec 28
We Like These Underlying Return On Capital Trends At Century Enka (NSE:CENTENKA)

We Like These Underlying Return On Capital Trends At Century Enka (NSE:CENTENKA)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Aug 23
Century Enka (NSE:CENTENKA) Has A Rock Solid Balance Sheet

Century Enka (NSE:CENTENKA) Has A Rock Solid Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

CENTENKAIN LuxuryIN Market
7D16.0%0.9%-1.1%
1Y139.4%83.1%32.6%

Return vs Industry: CENTENKA exceeded the Indian Luxury industry which returned 84% over the past year.

Return vs Market: CENTENKA exceeded the Indian Market which returned 34.4% over the past year.

Price Volatility

Is CENTENKA's price volatile compared to industry and market?
CENTENKA volatility
CENTENKA Average Weekly Movement6.0%
Luxury Industry Average Movement7.6%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.1%

Stable Share Price: CENTENKA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CENTENKA's weekly volatility (6%) 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?
CENTENKA fundamental statistics
Market Cap₹12.03b
Earnings (TTM)₹1.65b
Revenue (TTM)₹18.05b

7.3x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CENTENKA income statement (TTM)
Revenue₹18.05b
Cost of Revenue₹12.88b
Gross Profit₹5.17b
Expenses₹3.52b
Earnings₹1.65b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 14, 2022

Earnings per share (EPS)75.50
Gross Margin28.65%
Net Profit Margin9.14%
Debt/Equity Ratio0.7%

How did CENTENKA perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

11%

Payout Ratio

Valuation

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

7.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CENTENKA (₹550.6) is trading above our estimate of fair value (₹111.12)

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


Price To Earnings Ratio

PE vs Industry: CENTENKA is good value based on its PE Ratio (7.3x) compared to the Indian Luxury industry average (14.9x).

PE vs Market: CENTENKA is good value based on its PE Ratio (7.3x) compared to the Indian market (23.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CENTENKA is good value based on its PB Ratio (1x) compared to the IN Luxury industry average (1.5x).


Future Growth

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

33.5%

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?

3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CENTENKA has high quality earnings.

Growing Profit Margin: CENTENKA's current net profit margins (9.1%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: CENTENKA's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: CENTENKA's earnings growth over the past year (688.2%) exceeds its 5-year average (3.9% per year).

Earnings vs Industry: CENTENKA earnings growth over the past year (688.2%) exceeded the Luxury industry 110.2%.


Return on Equity

High ROE: CENTENKA's Return on Equity (14.3%) is considered low.


Financial Health

How is Century Enka's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

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

Reducing Debt: CENTENKA's debt to equity ratio has reduced from 7.2% to 0.7% over the past 5 years.

Debt Coverage: CENTENKA's debt is well covered by operating cash flow (586.9%).

Interest Coverage: CENTENKA 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?

1.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CENTENKA's dividend (1.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: CENTENKA's dividend (1.45%) is in the top 25% of dividend payers in the Indian market (1.33%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.6%), CENTENKA's dividend payments are thoroughly 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.


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Suresh Sodani (54 yo)

1.33yrs

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 ($USD123.18K) is below average for companies of similar size in the Indian market ($USD181.22K).

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


Leadership Team

Experienced Management: CENTENKA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: CENTENKA's board of directors are considered experienced (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: CENTENKA
  • Exchange: NSEI
  • Founded: 1965
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: ₹12.031b
  • 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 Analysis2022/01/19 15:36
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
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.