BSE:540824

Stock Analysis Report

Astron Paper & Board Mill

Executive Summary

Astron Paper & Board Mill Limited manufactures and sells a range of kraft papers for packaging industry in India.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.

Risks

  • Astron Paper & Board Mill has significant price volatility in the past 3 months.
  • Astron Paper & Board Mill is not covered by any analysts.

Similar Companies

Share Price & News

How has Astron Paper & Board Mill's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.7%

BSE:540824

2.9%

IN Forestry

-0.7%

IN Market


1 Year Return

-20.4%

BSE:540824

-35.9%

IN Forestry

-12.1%

IN Market

540824 outperformed the Forestry industry which returned -35.9% over the past year.

540824 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

540824IndustryMarket
7 Day4.7%2.9%-0.7%
30 Day-12.4%-3.0%-4.6%
90 Day-10.0%-8.1%-4.3%
1 Year-20.4%-20.4%-35.1%-35.9%-10.3%-12.1%
3 Yearn/a-2.8%-5.3%18.9%12.8%
5 Yearn/a80.8%73.2%37.6%24.7%

Price Volatility Vs. Market

How volatile is Astron Paper & Board Mill's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Astron Paper & Board Mill undervalued based on future cash flows and its price relative to the stock market?

14.68x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Astron Paper & Board Mill to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Astron Paper & Board Mill to establish if it is available at substantial discount.


Price Based on Earnings

Astron Paper & Board Mill is overvalued based on earnings compared to the IN Forestry industry average.

Astron Paper & Board Mill is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Astron Paper & Board Mill, we can't assess if its growth is good value.


Price Based on Value of Assets

Astron Paper & Board Mill is overvalued based on assets compared to the IN Forestry industry average.


Next Steps

Future Growth

How is Astron Paper & Board Mill expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Astron Paper & Board Mill is high growth as no revenue estimate data is available.

Astron Paper & Board Mill's earnings are expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).

Unable to compare Astron Paper & Board Mill's revenue growth to the India market average as no estimate data is available.

Astron Paper & Board Mill's earnings growth is positive but not above the India market average.

Astron Paper & Board Mill's earnings growth is positive but not above the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Astron Paper & Board Mill will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Astron Paper & Board Mill performed over the past 5 years?

34.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Astron Paper & Board Mill has delivered over 20% year on year earnings growth in the past 5 years.

Astron Paper & Board Mill's 1-year earnings growth is less than its 5-year average (26.1% vs 34%)

Astron Paper & Board Mill's earnings growth has not exceeded the IN Forestry industry average in the past year (26.1% vs 43.2%).


Return on Equity

Astron Paper & Board Mill has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Astron Paper & Board Mill used its assets more efficiently than the IN Forestry industry average last year based on Return on Assets.


Return on Capital Employed

Astron Paper & Board Mill has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Astron Paper & Board Mill's financial position?


Financial Position Analysis

Astron Paper & Board Mill is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Astron Paper & Board Mill's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Astron Paper & Board Mill's level of debt (44.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (288.4% vs 44.7% today).

Debt is not well covered by operating cash flow (7.6%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.3x debt.


Next Steps

Dividend

What is Astron Paper & Board Mill's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Astron Paper & Board Mill's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Astron Paper & Board Mill's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Astron Paper & Board Mill has not reported any payouts.

Unable to verify if Astron Paper & Board Mill's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Astron Paper & Board Mill has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Astron Paper & Board Mill's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Kirit Patel (46yo)

3.3yrs

Tenure

₹1,202,000

Compensation

Mr. Kirit Ghanshyambhai Patel is the Promoter of Astron Paper & Board Mill Limited and has been its Managing Director since April 1, 2016 and also serves as its Chairman. He holds a Bachelor’s degree in Co ...


CEO Compensation Analysis

Kirit's remuneration is about average for companies of similar size in India.

Insufficient data for Kirit to compare compensation growth.


Management Age and Tenure

3.3yrs

Average Tenure

46yo

Average Age

The tenure for the Astron Paper & Board Mill management team is about average.


Board Age and Tenure

3.3yrs

Average Tenure

46yo

Average Age

The tenure for the Astron Paper & Board Mill board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Sell₹142,87024 Dec 18
Parth Patel
EntityIndividual
Role
Chief Financial Officer
Shares1,300
Max Price₹109.90
Sell₹560,52523 Nov 18
Sidas Patel
EntityIndividual
Shares5,000
Max Price₹112.10
Sell₹560,52523 Nov 18
Bipinkumar Patel
EntityIndividual
Role
Vice President of Finance & Accounts
Shares5,000
Max Price₹112.10

Ownership Breakdown


Management Team

  • Kirit Patel (46yo)

    Chairman & MD

    • Tenure: 3.3yrs
    • Compensation: 1.20m
  • Bipinkumar Patel (47yo)

    Vice President of Finance & Accounts

    • Tenure: 2.3yrs
  • Parth Patel (28yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
    • Compensation: 639.00k
  • Karshanbhai Patel (66yo)

    Executive Director

  • Uttambhai Patel (26yo)

    Compliance Officer & Company Secretary

    • Tenure: 3.6yrs
    • Compensation: 406.00k
  • Dharmendra Singh (45yo)

    Vice President of Production

    • Tenure: 3.7yrs
    • Compensation: 1.72m
  • Kanubhai Patel (40yo)

    Executive Director

  • Shakti Bhargava (47yo)

    Vice President of Marketing

    • Tenure: 3.3yrs
    • Compensation: 781.19k
  • Ramakant Patel (54yo)

    Executive Director

    • Compensation: 600.00k

Board Members

  • Kirit Patel (46yo)

    Chairman & MD

    • Compensation: 1.20m
  • Dhiren Parikh

    Additional Non-Executive Independent Director

  • Yogesh Patel

    Additional Non-Executive Independent Director

  • Karshanbhai Patel (66yo)

    Executive Director

    • Tenure: 8.7yrs
  • Shyam Agrawal (40yo)

    Additional Independent Director

    • Tenure: 2.3yrs
  • Kanubhai Patel (40yo)

    Executive Director

    • Tenure: 2.3yrs
  • Ramakant Patel (54yo)

    Executive Director

    • Tenure: 8.7yrs
    • Compensation: 600.00k
  • Sudhir Maheshwari (47yo)

    Additional Independent Director

    • Tenure: 2.3yrs
  • Chaitali Parikh (28yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: 10.00k

Company Information

Astron Paper & Board Mill Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Astron Paper & Board Mill Limited
  • Ticker: 540824
  • Exchange: BSE
  • Founded: 2010
  • Industry: paper products
  • Sector: materials
  • Market Cap: ₹4.208b
  • Shares outstanding: 46.50m
  • Website: Click here

Number of Employees


Location

  • Astron Paper & Board Mill Limited
  • Ganesh Meridian
  • D-702, 7th Floor
  • Ahmedabad
  • Gujarat
  • 380060
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540824BSE (Mumbai Stock Exchange)YesEquity ShareININRDec 2017
ASTRONNSEI (National Stock Exchange of India)YesEquity ShareININRDec 2017

Biography

Astron Paper & Board Mill Limited manufactures and sells a range of kraft papers for packaging industry in India. The company offers high RCT papers, kraft liners, liners, and corrugated medium papers for  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 13:03
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.