Astron Paper & Board Mill Valuation

Q: What is the Fair Price of ASTRON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ASTRON (₹19.26) is trading above our estimate of [[fair value]] (₹0.26)

Is ASTRON undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ASTRON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASTRON (₹19.26) is trading above our estimate of fair value (₹0.26)

Significantly Below Fair Value: ASTRON is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASTRON?

Key metric: As ASTRON is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ASTRON. This is calculated by dividing ASTRON's market cap by their current revenue.
What is ASTRON's PS Ratio?
PS Ratio	0.4x
Sales	₹2.46b
Market Cap	₹895.59m

ASTRON key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.7x
Enterprise Value/EBITDA	-9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does ASTRON's PS Ratio compare to its peers?

The above table shows the PS ratio for ASTRON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.9x
531813 Ganga Papers India	0.5x	n/a	₹1.1b
502587 Nath Industries	0.4x	n/a	₹1.2b
538795 Shree Ajit Pulp and Paper	0.5x	n/a	₹1.9b
530255 Kay Power and Paper	2.2x	n/a	₹864.8m
ASTRON Astron Paper & Board Mill	0.4x	n/a	₹895.6m

Price-To-Sales vs Peers: ASTRON is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

How does ASTRON's PS Ratio compare vs other companies in the IN Forestry Industry?

0 Companies	Price / Sales	Estimated Growth	Market Cap

No more companies available in this PS range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ASTRON is good value based on its Price-To-Sales Ratio (0.4x) compared to the Indian Forestry industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is ASTRON's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASTRON PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ASTRON's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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