Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Century EnkaNSE:CENTENKA -0.43%68 Return-on-Tangible-Equity is 10.54% as of Mar. 2026, which is 40% above its 10-year median of 7.53. GuruFocus rates NSE:CENTENKA with a GF Score™ of 68/100 and a GF Value™ of ₹426.95 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Century Enka ranks better than 60.81% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Century Enka's annualized net income for the quarter that ended in Mar. 2026 was ₹1,576 Mil. Century Enka's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹14,957 Mil. Therefore, Century Enka's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.54%.
The historical rank and industry rank for Century Enka's Return-on-Tangible-Equity or its related term are showing as below:
NSE:CENTENKA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.18 Med: 7.53 Max: 15.78
Current: 6.96
During the past 13 years, Century Enka's highest Return-on-Tangible-Equity was 15.78%. The lowest was 3.18%. And the median was 7.53%.
NSE:CENTENKA's Return-on-Tangible-Equity is ranked better than 60.81% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs NSE:CENTENKA: 6.96
Century Enka (NSE:CENTENKA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Century Enka Return-on-Tangible-Equity Related Terms
Century Enka Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Century Enka's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Century Enka Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Century Enka's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Century Enka Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Century Enka's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Century Enka's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.54% mean?
Century Enka (NSE:CENTENKA) has a Return-on-Tangible-Equity of 10.54% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Century Enka and its competitors. This is 40% above median its historical median of 7.53. Over the past decade, Century Enka's Return-on-Tangible-Equity has ranged from 3.18 to 15.78. According to the industry distribution chart, Century Enka ranks #399 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.2%.
Is Century Enka's Return-on-Tangible-Equity too high?
Century Enka's current Return-on-Tangible-Equity of 10.54% is 40% above median its 10-year median of 7.53. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 15.78. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Century Enka's value of 10.54% is 138.2% above this industry median. Based on the distribution chart, Century Enka ranks #399 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Century Enka has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Century Enka's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Century Enka ranks #399 out of 1018 companies for Return-on-Tangible-Equity. This puts Century Enka in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Century Enka's value of 10.54% is 138.2% above this benchmark. Historically, Century Enka's own Return-on-Tangible-Equity has ranged from 3.18 to 15.78 over the past decade. While the company's 10-year median is 7.53 vs. the industry median of 4.43, Century Enka has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Century Enka's current Return-on-Tangible-Equity of 10.54% is 138.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Century Enka and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Century Enka's current Return-on-Tangible-Equity is 10.54%, which is 40% above median its own 10-year median of 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Enka stock overvalued right now?
Based on GuruFocus' analysis, Century Enka (NSE:CENTENKA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹426.95, compared to a current price of ₹541.40 — trading 26.8% above its estimated fair value. The current Return-on-Tangible-Equity is 10.54%, which is 40% above median its 10-year median of 7.53 and 138.2% above the Manufacturing - Apparel & Accessories industry median of 4.43. Century Enka's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Century Enka (NSE:CENTENKA), the current Return-on-Tangible-Equity is 10.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Century Enka (NSE:CENTENKA) Overvalued in 2026?
Based on GuruFocus' analysis, Century Enka stock appears to be overvalued.
The current stock price of ₹541.40 is trading 26.8% above its estimated GF Value™ of ₹426.95.
GuruFocus considers Century Enka to be Modestly Overvalued.
Key valuation signals for NSE:CENTENKA:
Return-on-Tangible-Equity: 10.54% (40% above median its 10-year median of 7.53)
GF Value™: ₹426.95 vs. price of ₹541.40 (26.8% above fair value)
Industry Position: 138.2% above the Manufacturing - Apparel & Accessories median (#399 of 1018)
No single metric tells the full story. See the NSE:CENTENKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Century Enka Ltd is engaged in the business of synthetic yarn and related products in India. Its products include polyester filament yarns, fabrics, nylon filament yarns, polyester chips, and nylon chips. Its nylon tyre cord fabrics are used as reinforcement material in bias tyres and nylon textile yarns are used in the apparel industry. Geographically the firm caters its services only in India. The company derives its revenue from the manufacturing and selling of synthetic yarn and related goods. Its products include: Mono filament, Mother Yarn, Multifilament Yarns, TOW, yarn, Greige Fabric and Dipped Fabric.
68GF Score
Get the complete analysis for NSE:CENTENKA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CENTENKA has been successfully added to your 
