NSEI:CENTENKA

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Executive Summary

Century Enka Limited manufactures and sells synthetic yarns in India and internationally. More Details


Snowflake Analysis

Undervalued with excellent balance sheet and pays a dividend.


Similar Companies

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: CENTENKA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.2%

CENTENKA

-0.5%

IN Luxury

-0.6%

IN Market


1 Year Return

-6.2%

CENTENKA

-7.3%

IN Luxury

2.2%

IN Market

Return vs Industry: CENTENKA exceeded the Indian Luxury industry which returned -7.3% over the past year.

Return vs Market: CENTENKA underperformed the Indian Market which returned 2.2% over the past year.


Shareholder returns

CENTENKAIndustryMarket
7 Day1.2%-0.5%-0.6%
30 Day-4.3%3.3%0.2%
90 Day-6.8%17.2%6.7%
1 Year-1.9%-6.2%-6.7%-7.3%3.9%2.2%
3 Year-47.9%-53.1%7.0%4.8%2.6%-2.4%
5 Year-3.1%-17.0%43.2%36.0%41.3%30.8%

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

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CENTENKA (₹169.1) is trading below our estimate of fair value (₹723)

Significantly Below Fair Value: CENTENKA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CENTENKA is good value based on its PE Ratio (7.1x) compared to the IN Luxury industry average (13.7x).

PE vs Market: CENTENKA 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 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 (0.4x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

43.6%

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.


Next Steps

Past Performance

How has Century Enka performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CENTENKA has a large one-off gain of ₹328.6M impacting its June 30 2020 financial results.

Growing Profit Margin: CENTENKA's current net profit margins (4.5%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: CENTENKA's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: CENTENKA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CENTENKA 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: CENTENKA's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Century Enka's financial position?


Financial Position Analysis

Short Term Liabilities: CENTENKA's short term assets (₹7.0B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: CENTENKA's short term assets (₹7.0B) exceed its long term liabilities (₹1.1B).


Debt to Equity History and Analysis

Debt Level: CENTENKA's debt to equity ratio (1.7%) is considered satisfactory.

Reducing Debt: CENTENKA's debt to equity ratio has reduced from 21% to 1.7% over the past 5 years.

Debt Coverage: CENTENKA's debt is well covered by operating cash flow (821.4%).

Interest Coverage: Insufficient data to determine if CENTENKA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

4.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CENTENKA's dividend (4.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.57%).

High Dividend: CENTENKA's dividend (4.74%) is in the top 25% of dividend payers in the Indian market (2.29%)


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 reasonably low payout ratio (33.5%), CENTENKA'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.


Next Steps

Management

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

0.2yrs

Average management tenure


CEO

Century Enka has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Krishnagopal Ladsaria
Chief Financial Officer3.67yrs₹10.88m0.00014%
₹ 5.2k
Rahul Dubey
Company Secretary & Compliance Officer0.17yrno datano data
Suresh Sodani
MD & Director0.083yrno datano data

0.2yrs

Average Tenure

Experienced Management: CENTENKA's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Suresh Sodani
MD & Director0.083yrno datano data
Rajashree Birla
Chairpersonno data₹560.00k0.12%
₹ 4.4m
Sohanlal Jain
Non Executive & Independent Director10.92yrs₹635.00k0.00057%
₹ 21.0k
Devajyoti Bhattacharya
Additional Directorno datano datano data
Krishna Thar
Non-Executive & Independent Director5.92yrs₹670.00kno data
Krupa Gandhi
Non-Executive Independent Director0.17yrno datano data

3.0yrs

Average Tenure

63yo

Average Age

Experienced Board: CENTENKA's board of directors are considered experienced (3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Century Enka Limited
  • Ticker: CENTENKA
  • Exchange: NSEI
  • Founded: 1965
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹3.688b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500280BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1995
CENTENKANSEI (National Stock Exchange of India)YesEquity SharesININRMay 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 13:02
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.