Centum Electronics Ltd - Stock Valuation and Financial Performance

BSE: 517544 | NSE: CENTUM | Electronics - Components | Small Cap

Centrum Electronics Share Price

1,651.95 22.30 1.37%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Centrum Electronics

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Centum Electronics stock performance -

mw4me loader
P/E Ratio (SA):
58.65
Market Cap:
2,126.2 Cr.
52-wk low:
1,251
52-wk high:
2,097.2

Is Centum Electronics Ltd an attractive stock to invest in?

1. Is Centum Electronics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Centum Electronics Ltd is a average quality company.

2. Is Centum Electronics Ltd undervalued or overvalued?

The key valuation ratios of Centum Electronics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Centum Electronics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Centum Electronics Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Centrum Electronics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Centum Electronics Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 30.4%20.7%18.8%12.6%-2.9%14.2%11.6%9%5.9%9.2%-
Value Creation
Index
1.20.50.3-0.1-1.20.0-0.2-0.4-0.6-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 292316332387355499482425348501632
Sales YoY Gr.-8.4%4.9%16.7%-8.2%40.3%-3.3%-12%-18%43.8%-
Adj EPS 26.924.928.324-16.22922.919.29.518.428.1
YoY Gr.--7.5%13.7%-15.5%-167.5%NA-21.1%-16.3%-50.3%93%-
BVPS (₹) 83.8104.7127146.6124.5168.6183.3197.5205.3218.3242.2
Adj Net
Profit
33.531.335.930.5-20.837.429.524.712.323.736
Cash Flow from Ops. 26.3-3.141.46-23.631.665.793.76821.4-
Debt/CF from Ops. 1.2-19.31.725-8.86.52.81.51.45-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.2%7.1%1.2%43.8%
Adj EPS -4.2%NA-7.1%93%
BVPS11.2%11.9%6%6.3%
Share Price 18.2% 25.9% 49.2% 19.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
37.126.624.517.6-1219.81310.14.78.712.2
Op. Profit
Mgn %
16.913.314.512.90.514.716.11512.41212.1
Net Profit
Mgn %
11.59.910.87.9-5.97.56.15.83.54.75.7
Debt to
Equity
0.30.50.40.81.310.80.60.40.40
Working Cap
Days
169218273259340312349328346303154
Cash Conv.
Cycle
8913114813520117819819721517131

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.20%

Sales growth is good in last 4 quarters at 34.75%

Sales growth has been subdued in last 3 years 1.24%

Latest Financials - Centum Electronics Ltd.

Standalone Consolidated
TTM EPS (₹) 28.1 -2.1
TTM Sales (₹ Cr.) 632 1,048
BVPS (₹.) 242.2 157.6
Reserves (₹ Cr.) 300 190
P/BV 6.81 10.46
PE 58.65 0.00
From the Market
52 Week Low / High (₹) 1251.00 / 2097.15
All Time Low / High (₹) 1.75 / 2097.15
Market Cap (₹ Cr.) 2,126
Equity (₹ Cr.) 12.9
Face Value (₹) 10
Industry PE 123.3

Management X-Ray of Centrum Electronics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Centrum Electronics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales292316332387355499482425348501
Operating Expenses 247274289337355429411362306447
Manufacturing Costs143181162912910111114
Material Costs483556245250314280253203316
Employee Cost 33404452616777686882
Other Costs 23182731333944312335
Operating Profit 4542435007071624354
Operating Profit Margin (%) 15.5%13.3%13.0%12.9%0.0%14.0%14.8%14.7%12.2%10.7%
Other Income 6111211844465
Interest 6358152728171516
Depreciation 7768121213161616
Exceptional Items 000-403300-20
Profit Before Tax 39434341-196835331526
Tax 811111031010947
Profit After Tax 30323231-225825241219
PAT Margin (%) 10.5%10.1%9.8%8.0%-6.1%11.6%5.2%5.6%3.4%3.9%
Adjusted EPS (₹)24.525.525.624.2-17.045.019.418.69.115.1
Dividend Payout Ratio (%)10%12%12%21%-6%11%13%21%27%27%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 104132161187160217236254264281
Share Capital 12131313131313131313
Reserves 92119148174147204223242252268
Minority Interest0000000000
Debt31597014319918616913298106
Long Term Debt000302124201100
Short Term Debt31597011317816314912098106
Trade Payables334670731141061145973152
Others Liabilities 296389778714511587108160
Total Liabilities 197300390480560654633532543699

Fixed Assets

Gross Block110114127121129134167180190201
Accumulated Depreciation7382887193144607691
Net Fixed Assets363240113109103123120114109
CWIP 002101101205
Investments 33452494949646376
Inventories52112133163247225220175199232
Trade Receivables739089899518617010090209
Cash Equivalents 9305124221615292421
Others Assets24335338386555435446
Total Assets 197300390480560654633532543699

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 26-3416-243266946821
PBT 39434341-196835331526
Adjustment 6121124949372540
Changes in Working Capital -13-366-35-28-43-33337-46
Tax Paid -5-11-9-11-1-1-15-9-100
Cash Flow From Investing Activity -140-30-97-13-6-5-20-6-13
Capex -20-8-37-49-14-13-18-13-9-10
Net Investments 00-1-51-1512-122-7
Others 6783232523
Cash Flow From Financing Activity -82326036-30-60-69-58-9
Net Proceeds from Shares 0111100000
Net Proceeds from Borrowing -30038-710-8-16-200
Interest Paid -4-2-3-8-15-25-26-16-11-12
Dividend Paid -1-3-4-6-6-1-6-6-3-3
Others 02883463-13-19-32-256
Net Cash Flow 52013-310-3154-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)33.7627.1922.1717.75-12.5630.7411.059.774.537.11
ROCE (%)36.0428.2622.9817.08-1.1923.8414.812.397.9211.22
Asset Turnover Ratio1.681.290.990.920.690.820.750.730.650.81
PAT to CFO Conversion(x)0.87-0.091.280.19N/A0.552.643.925.671.11
Working Capital Days
Receivable Days819396819310313511699109
Inventory Days6193131136209173169170196157
Payable Days254420381107136128143125118130

Centum Electronics Ltd Stock News

Centum Electronics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Centrum Electronics on 12-Jul-2024 16:01 is ₹1,652.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Jul-2024 16:01 the market cap of Centrum Electronics stood at ₹2,126.2.
The latest P/E ratio of Centrum Electronics as of 12-Jul-2024 16:01 is 58.65.
The latest P/B ratio of Centrum Electronics as of 12-Jul-2024 16:01 is 6.81.
The 52-week high of Centrum Electronics is ₹2,097.2 and the 52-week low is ₹1,251.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Centrum Electronics is ₹632.0 ( Cr.) .

About Centum Electronics Ltd

Centum Electronics was founded in 1994 in Bangalore India. Since then, the company has rapidly grown into a diversified electronics Company with operations in North America, EMEA and Asia. The Company offers a broad range of products and services across different industry segments.

It has continuously invested in strengthening its design & product development capabilities while developing deep domain knowledge in the segments it operates in. The company has also established truly world-class manufacturing facilities with cutting edge infrastructure as well as a global supply chain capable of delivering products with high quality and reliability. A key contributor to Centum Group’s growth has been the strong relationships forged with international customers and partners.

This customer-focused approach coupled with Centum’s culture hinged on the core-values of Technology-Teamwork-Trust has resulted in a track-record of high quality products & services and excellent execution ability.

With many years of domain expertise in Electronics Design and Manufacturing Solutions Centum has provided its customers with Hi-Tech and Hi-reliability products with flexible engagement models and in the process developed a strong relationship with all the marquee global clients.

Business area of the company

Centum Electronics is a leading Electronics System Design & Manufacturing Company that provides mission critical services and solutions to customers engaged in the Defence, Aerospace, Space, Medical, Transportation and Industrial segments that demand high reliability products and services. With deep domain expertise in design, development, and manufacturing of complex products, Centum is a strategic supplier and partner to large global OEMs and public entities such as Indian DPSUs, Ordinance Factories, DRDO and ISRO.

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