Astra Microwave Products Limited

NSEI:ASTRAMICRO Stock Report

Market Cap: ₹72.2b

Astra Microwave Products Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ASTRAMICRO (₹767.5) is trading above our estimate of fair value (₹59.97)

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

Key Valuation Metric

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

Key metric: As ASTRAMICRO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ASTRAMICRO. This is calculated by dividing ASTRAMICRO's market cap by their current earnings.
What is ASTRAMICRO's PE Ratio?
PE Ratio55.8x
Earnings₹1.30b
Market Cap₹72.18b

Price to Earnings Ratio vs Peers

How does ASTRAMICRO's PE Ratio compare to its peers?

The above table shows the PE ratio for ASTRAMICRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.2x
504112 Nelco
110.9xn/a₹22.5b
532406 Avantel
63.9xn/a₹37.3b
VINDHYATEL Vindhya Telelinks
10.2xn/a₹23.4b
523411 ADC India Communications
27.9xn/a₹8.2b
ASTRAMICRO Astra Microwave Products
55.8x21.2%₹72.2b

Price-To-Earnings vs Peers: ASTRAMICRO is expensive based on its Price-To-Earnings Ratio (55.8x) compared to the peer average (53.2x).

Price to Earnings Ratio vs Industry

How does ASTRAMICRO's PE Ratio compare vs other companies in the Asian Communications Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ASTRAMICRO 55.8xIndustry Avg. 34.9xNo. of Companies24PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASTRAMICRO is expensive based on its Price-To-Earnings Ratio (55.8x) compared to the Asian Communications industry average (34.9x).

Price to Earnings Ratio vs Fair Ratio

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

ASTRAMICRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio55.8x
Fair PE Ratio43.9x

Price-To-Earnings vs Fair Ratio: ASTRAMICRO is expensive based on its Price-To-Earnings Ratio (55.8x) compared to the estimated Fair Price-To-Earnings Ratio (43.9x).

Analyst Price Targets

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

The above table shows the analyst ASTRAMICRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹767.50
₹953.75
+24.3%
2.0%₹976.00₹934.00n/a4
Nov ’25₹801.70
₹979.75
+22.2%
5.0%₹1,060.00₹935.00n/a4
Oct ’25₹826.00
₹979.75
+18.6%
5.0%₹1,060.00₹935.00n/a4
Sep ’25₹904.60
₹979.75
+8.3%
5.0%₹1,060.00₹935.00n/a4
Aug ’25₹894.40
₹935.25
+4.6%
11.0%₹1,060.00₹775.00n/a4
Jul ’25₹965.55
₹935.25
-3.1%
11.0%₹1,060.00₹775.00n/a4
Jun ’25₹865.75
₹935.25
+8.0%
11.0%₹1,060.00₹775.00n/a4
May ’25₹697.10
₹671.00
-3.7%
16.9%₹800.00₹500.00n/a4
Apr ’25₹627.85
₹671.00
+6.9%
16.9%₹800.00₹500.00n/a4
Mar ’25₹614.15
₹639.75
+4.2%
13.7%₹740.00₹500.00n/a4
Feb ’25₹600.30
₹584.00
-2.7%
13.6%₹675.00₹500.00n/a4
Jan ’25₹605.10
₹584.00
-3.5%
13.6%₹675.00₹500.00n/a4
Dec ’24₹578.00
₹584.00
+1.0%
13.6%₹675.00₹500.00n/a4
Nov ’24₹462.15
₹446.00
-3.5%
10.3%₹510.00₹403.00₹801.703
Oct ’24₹427.85
₹467.50
+9.3%
9.1%₹510.00₹425.00₹826.002

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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