Centum Electronics Limited designs, manufactures, and sells microelectronic modules, frequency control products, printed circuit board assemblies, and resistor networks in India, Europe, the United States, and internationally.
+ 1 more risk
Good value with adequate balance sheet.
Share Price & News
How has Centum Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CENTUM has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CENTUM underperformed the Indian Electronic industry which returned 47.4% over the past year.
Return vs Market: CENTUM underperformed the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is Centum Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSuch Is Life: How Centum Electronics (NSE:CENTUM) Shareholders Saw Their Shares Drop 52%
3 weeks ago | Simply Wall StWhy We Like Centum Electronics Limited’s (NSE:CENTUM) 24% Return On Capital Employed
1 month ago | Simply Wall StDoes Centum Electronics (NSE:CENTUM) Have A Healthy Balance Sheet?
Is Centum Electronics 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: CENTUM (₹366.95) is trading below our estimate of fair value (₹903.56)
Significantly Below Fair Value: CENTUM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CENTUM is good value based on its PE Ratio (12.6x) compared to the Electronic industry average (13.8x).
PE vs Market: CENTUM is good value based on its PE Ratio (12.6x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CENTUM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CENTUM is overvalued based on its PB Ratio (2.9x) compared to the IN Electronic industry average (0.8x).
How is Centum Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 Centum Electronics 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 Centum Electronics 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.
- Centum Electronics competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Centum Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CENTUM has high quality earnings.
Growing Profit Margin: CENTUM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CENTUM's earnings have declined by -4.6% per year over the past 5 years.
Accelerating Growth: CENTUM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CENTUM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (10.6%).
Return on Equity
High ROE: CENTUM's Return on Equity (17.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Centum Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: CENTUM's short term assets (₹7.6B) exceed its short term liabilities (₹7.3B).
Long Term Liabilities: CENTUM's short term assets (₹7.6B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: CENTUM's debt to equity ratio (105.3%) is considered high.
Reducing Debt: CENTUM's debt to equity ratio has increased from 46.5% to 105.3% over the past 5 years.
Debt Coverage: CENTUM's debt is well covered by operating cash flow (57.2%).
Interest Coverage: CENTUM's interest payments on its debt are well covered by EBIT (4.1x coverage).
Inventory Level: CENTUM has a high level of physical assets or inventory.
Debt Coverage by Assets: CENTUM's debt is covered by short term assets (assets are 2.9x debt).
What is Centum Electronics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CENTUM's dividend (1.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: CENTUM's dividend (1.36%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).
Stability and Growth of Payments
Stable Dividend: CENTUM's dividend payments have been volatile in the past 10 years.
Growing Dividend: CENTUM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.7%), CENTUM'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Apparao Mallavarapu (63yo)
Mr. AppaRao V. Mallavarapu is the Founder of Centum Electronics Ltd. of Centum Rakon India Private Limited and has been its Managing Director since August 1, 1994. Mr. Mallavarapu has been Managing Directo ...
CEO Compensation Analysis
Compensation vs Market: Apparao 's total compensation ($USD232.67K) is above average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Apparao 's compensation has been consistent with company performance over the past year.
|Chairman & MD||25.5yrs||₹16.65m||51.26% ₹2.4b|
|Independent Non-Executive Director||9.5yrs||₹260.00k||no data|
|Additional Director of Centum Rakon India Private Limited||11.9yrs||no data||no data|
|Independent Non-Executive Director||10.1yrs||₹380.00k||no data|
|Independent Non-Executive Director||12.4yrs||₹380.00k||0.00064% ₹30.5k|
|Non-Executive & Non-Independent Director||4.9yrs||no data||2.87% ₹136.6m|
|Independent Non-Executive Director||6.1yrs||₹380.00k||no data|
|Independent Non-Executive Director||4yrs||₹340.00k||no data|
Experienced Board: CENTUM's board of directors are considered experienced (8.9 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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 77.8%.
Centum Electronics Limited's company bio, employee growth, exchange listings and data sources
- Name: Centum Electronics Limited
- Ticker: CENTUM
- Exchange: NSEI
- Founded: 1993
- Industry: Electronic Components
- Sector: Tech
- Market Cap: ₹4.767b
- Shares outstanding: 12.88m
- Website: https://www.centumelectronics.com
- Centum Electronics Limited
- No. 44, KHB Industrial Area
- Yelahanka Newtown
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|517544||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 1995|
|CENTUM||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 1995|
Centum Electronics Limited designs, manufactures, and sells microelectronic modules, frequency control products, printed circuit board assemblies, and resistor networks in India, Europe, the United States, and internationally. The company offers embedded computers and power converters, test tools, LRU and data recorders, and satellite bus systems for the aerospace and space industries. It also provides onboard computer systems, receiver and seeker electronics, transmit receive modules, high power RF amplifiers, vibration hardened oscillators, power converters and systems, digital receivers, digital sequencer and payload controllers, power conditioning and processing units, and radar finger printing systems for the defense industry. In addition, the company offers base station equipment and RF filters for the communication industry; and industrial equipment diagnosis and circuit breaker control systems, solar energy power cabinets, and HIL test simulator turbo alternator regulation products for the industrial and energy sectors. Further, it provides medical devices and equipment that include digital radiography systems, automated pumps for drug injection, ultrasound equipment, patient monitoring devices, customized room controls for operation theaters, and others; and railway automation system gateways, railway embedded controllers and computer boards, and railway energy storage systems and modules, as well as specialist engineering and manufacturing services for the transportation sector. Additionally, the company offers assisted car navigation-passive rollover avoidance systems, automatic telematics modules, automotive flexray demonstrators, automotive elec boards for solar roofs, and power steering encoder acquisition systems for the automotive industry. Centum Electronics Limited was founded in 1993 and is headquartered in Bengaluru, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 12:57|
|End of Day Share Price||2020/02/19 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.