Century Enka Limited (CENTENKA.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-17.1%

₹365.69

vs ₹441.15 price

Levered DCF

₹157.25

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.39

Safe zone

Rating

A+

Overall 5 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	8.07×	17.91×	21.15×	8.33×	6.59×	7.81×	2.72×	7.27×
P/B	0.54×	0.84×	0.66×	0.57×	0.97×	0.51×	0.25×	0.58×
P/S	0.48×	0.59×	0.52×	0.36×	0.58×	0.46×	0.18×	0.31×
EV / EBITDA	5.59×	10.66×	8.29×	5.06×	4.29×	4.16×	2.06×	3.52×
Gross margin	17.4%	22.8%	20.6%	7.9%	21.7%	23.5%	6.8%	8.8%
Operating margin	5.4%	16.4%	13.6%	4.8%	10.8%	6.6%	3.5%	5.9%
Net margin	5.9%	3.3%	2.5%	4.4%	8.8%	5.8%	6.7%	4.3%
Current ratio	4.23×	4.06×	4.57×	5.43×	5.33×	5.51×	5.57×	4.98×
Debt / equity	0.01×	0.03×	0.04×	0.05×	0.01×	0.01×	0.02×	0.04×
Interest coverage	31.96×	72.23×	44.31×	42.41×	183.11×	51.81×	14.23×	30.67×
Dividend yield	2.7%	1.8%	2.4%	2.9%	1.4%	3.2%	7.1%	3.3%
Payout ratio	21.7%	32.9%	51.1%	24.2%	9.5%	24.6%	19.3%	24.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.7%	4.7%	3.1%	6.8%	14.7%	6.5%	9.3%	8.0%
Return on invested capital	4.4%	15.0%	12.0%	5.1%	12.6%	5.2%	4.3%	6.1%
Return on assets	5.4%	3.7%	2.5%	5.6%	12.1%	5.3%	7.6%	6.2%
Free cash flow yield	12.0%	5.6%	-3.0%	-2.6%	-2.5%	17.3%	43.6%	14.9%
Earnings yield	12.4%	5.6%	4.7%	12.0%	15.2%	12.8%	36.7%	13.7%
Enterprise value	₹8.3B	₹12.2B	₹9.6B	₹8.2B	₹12.2B	₹5.6B	₹2.8B	₹5.9B
Net debt / EBITDA	0.08×	0.28×	0.45×	0.4×	0.03×	0.04×	0.14×	0.2×
Cash conversion cycle (days)	65	74	86	70	78	102	85	79