Astron Paper & Board Mill Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 12:03 pm

Market Cap	58.9 Cr.
Current Price	12.7
High / Low	29.9/10.1
Stock P/E
Book Value	28.1
Dividend Yield	0.00 %
ROCE	1.86 %
ROE	7.32 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Astron Paper & Board Mill Ltd

Competitors of Astron Paper & Board Mill Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mohit Paper Mills Ltd	44.7 Cr.	31.9	50.0/25.4	6.43	34.5	0.00 %	12.2 %	15.6 %	10.0
Gratex Industries Ltd	5.64 Cr.	18.6	28.4/16.5	62.7	11.6	0.00 %	4.54 %	3.18 %	10.0
Ganga Papers India Ltd	105 Cr.	97.7	140/86.6	69.4	27.6	0.00 %	6.93 %	5.22 %	10.0
Encode Packaging India Ltd	3.67 Cr.	11.6	19.0/10.9		10.4	0.00 %	3.24 %	3.65 %	10.0
Cella Space Ltd	20.6 Cr.	10.2	16.7/8.31	22.1	10.3	0.00 %	10.7 %	%	10.0
Industry Average	758.75 Cr	82.23		29.68	104.85	0.82%	27.38%	12.23%	6.50

All Competitor Stocks of Astron Paper & Board Mill Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	142	144	116	100	87	92	78	81	73	78	58	36	1
Expenses	132	130	117	113	92	90	76	79	71	83	68	43	17
Operating Profit	9	14	-1	-13	-5	2	2	2	2	-4	-9	-7	-15
OPM %	7%	10%	-1%	-13%	-5%	2%	3%	2%	3%	-6%	-16%	-21%	-1,107%
Other Income	0	2	0	0	0	0	0	0	0	1	0	0	0
Interest	3	3	3	3	3	3	3	3	3	3	3	3	3
Depreciation	2	2	2	2	2	2	2	2	2	2	2	2	2
Profit before tax	5	10	-5	-17	-9	-3	-2	-2	-2	-9	-13	-12	-20
Tax %	35%	35%	-26%	-30%	-27%	-54%	-24%	-30%	-29%	-29%	-29%	-34%	41%
Net Profit	3	7	-4	-12	-7	-1	-2	-2	-2	-6	-10	-8	-28
EPS in Rs	0.73	1.46	-0.84	-2.60	-1.42	-0.30	-0.41	-0.36	-0.33	-1.32	-2.05	-1.70	-6.01

Last Updated: March 3, 2025, 5:28 pm

Below is a detailed analysis of the quarterly data for Astron Paper & Board Mill Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 36.00 Cr. (Sep 2024) to ₹1.00 Cr., marking a decrease of 35.00 Cr..
For Expenses, as of Dec 2024, the value is ₹17.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 43.00 Cr. (Sep 2024) to ₹17.00 Cr., marking a decrease of 26.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹-15.00 Cr.. The value appears to be declining and may need further review. It has decreased from -7.00 Cr. (Sep 2024) to ₹-15.00 Cr., marking a decrease of 8.00 Cr..
For OPM %, as of Dec 2024, the value is -1,107.00%. The value appears to be declining and may need further review. It has decreased from -21.00% (Sep 2024) to -1,107.00%, marking a decrease of 1,086.00%.
For Other Income, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Interest, as of Dec 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 3.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹-20.00 Cr.. The value appears to be declining and may need further review. It has decreased from -12.00 Cr. (Sep 2024) to ₹-20.00 Cr., marking a decrease of 8.00 Cr..
For Tax %, as of Dec 2024, the value is 41.00%. The value appears to be increasing, which may not be favorable. It has increased from -34.00% (Sep 2024) to 41.00%, marking an increase of 75.00%.
For Net Profit, as of Dec 2024, the value is ₹-28.00 Cr.. The value appears to be declining and may need further review. It has decreased from -8.00 Cr. (Sep 2024) to ₹-28.00 Cr., marking a decrease of 20.00 Cr..
For EPS in Rs, as of Dec 2024, the value is -6.01. The value appears to be declining and may need further review. It has decreased from -1.70 (Sep 2024) to -6.01, marking a decrease of 4.31.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:11 pm

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	251	373	358	434	512	395	311	174
Expenses	219	320	322	403	484	412	309	210
Operating Profit	32	53	36	32	28	-18	2	-36
OPM %	13%	14%	10%	7%	5%	-4%	1%	-21%
Other Income	1	1	1	2	1	1	1	1
Interest	10	11	11	11	10	11	11	12
Depreciation	4	5	6	7	7	7	7	7
Profit before tax	19	38	20	16	12	-35	-16	-54
Tax %	-10%	28%	33%	34%	34%	-31%	-28%
Net Profit	21	28	13	10	8	-24	-11	-52
EPS in Rs	4.48	5.94	2.85	2.20	1.74	-5.15	-2.41	-11.08
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	33.33%	-53.57%	-23.08%	-20.00%	-400.00%	54.17%
Change in YoY Net Profit Growth (%)	0.00%	-86.90%	30.49%	3.08%	-380.00%	454.17%

Astron Paper & Board Mill Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	-4%
3 Years:	-11%
TTM:	-46%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-695%

Stock Price CAGR
10 Years:	%
5 Years:	-14%
3 Years:	-37%
1 Year:	-48%

Return on Equity
10 Years:	%
5 Years:	0%
3 Years:	-5%
Last Year:	-7%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:40 am

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	46	46	46	46	46	46	46	46
Reserves	80	105	119	129	137	113	102	84
Borrowings	75	68	73	58	76	84	83	84
Other Liabilities	31	92	90	90	90	68	63	49
Total Liabilities	232	313	329	323	350	312	294	264
Fixed Assets	90	138	151	149	144	155	150	146
CWIP	13	2	0	7	8	0	0	0
Investments	0	1	1	2	2	1	1	1
Other Assets	128	172	176	166	197	155	143	117
Total Assets	232	313	329	323	350	312	294	264

Below is a detailed analysis of the balance sheet data for Astron Paper & Board Mill Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹46.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 46.00 Cr..
For Reserves, as of Sep 2024, the value is ₹84.00 Cr.. The value appears to be declining and may need further review. It has decreased from 102.00 Cr. (Mar 2024) to ₹84.00 Cr., marking a decrease of 18.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹84.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 83.00 Cr. (Mar 2024) to ₹84.00 Cr., marking an increase of 1.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹49.00 Cr.. The value appears to be improving (decreasing). It has decreased from 63.00 Cr. (Mar 2024) to ₹49.00 Cr., marking a decrease of 14.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹264.00 Cr.. The value appears to be improving (decreasing). It has decreased from 294.00 Cr. (Mar 2024) to ₹264.00 Cr., marking a decrease of 30.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹146.00 Cr.. The value appears to be declining and may need further review. It has decreased from 150.00 Cr. (Mar 2024) to ₹146.00 Cr., marking a decrease of 4.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹117.00 Cr.. The value appears to be declining and may need further review. It has decreased from 143.00 Cr. (Mar 2024) to ₹117.00 Cr., marking a decrease of 26.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹264.00 Cr.. The value appears to be declining and may need further review. It has decreased from 294.00 Cr. (Mar 2024) to ₹264.00 Cr., marking a decrease of 30.00 Cr..

Reserves and Borrowings are well balanced.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	5	46	28	35	-10	11	12
Cash from Investing Activity +	-28	-28	-18	-5	-3	-10	-1
Cash from Financing Activity +	38	-33	-4	-24	11	-0	-11
Net Cash Flow	15	-15	5	6	-2	1	0

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-43.00	-15.00	-37.00	-26.00	-48.00	-102.00	-81.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	86	84	96	67	70	60	64
Inventory Days	75	95	88	61	50	58	72
Days Payable	53	110	127	92	75	76	100
Cash Conversion Cycle	108	69	57	36	45	42	35
Working Capital Days	93	61	77	62	77	71	76
ROCE %		23%	14%	11%	9%	-9%	-2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	27.06%	27.06%	27.06%	27.06%	27.06%	27.06%	27.06%	27.06%	27.06%	27.06%	27.06%	25.37%
FIIs	0.05%	0.00%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.00%	0.00%
Public	72.89%	72.94%	72.89%	72.94%	72.94%	72.93%	72.93%	72.94%	72.94%	72.89%	72.94%	74.63%
No. of Shareholders	20,870	20,789	21,279	21,683	21,336	20,824	21,853	21,075	21,049	20,965	21,187	21,839

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-2.41	-5.15	1.77	2.20	2.89
Diluted EPS (Rs.)	-2.41	-5.15	1.77	2.20	2.89
Cash EPS (Rs.)	-0.84	-3.68	3.28	3.70	4.22
Book Value[Excl.RevalReserv]/Share (Rs.)	31.84	34.24	39.53	37.79	35.64
Book Value[Incl.RevalReserv]/Share (Rs.)	31.84	34.24	39.53	37.79	35.64
Revenue From Operations / Share (Rs.)	66.84	84.89	110.29	93.58	77.18
PBDIT / Share (Rs.)	0.62	-3.60	6.25	7.26	8.04
PBIT / Share (Rs.)	-0.94	-5.08	4.75	5.77	6.70
PBT / Share (Rs.)	-3.36	-7.43	2.67	3.35	4.26
Net Profit / Share (Rs.)	-2.41	-5.15	1.77	2.21	2.89
NP After MI And SOA / Share (Rs.)	-2.41	-5.15	1.77	2.21	2.89
PBDIT Margin (%)	0.92	-4.24	5.67	7.75	10.41
PBIT Margin (%)	-1.41	-5.98	4.30	6.16	8.67
PBT Margin (%)	-5.02	-8.75	2.42	3.57	5.51
Net Profit Margin (%)	-3.60	-6.06	1.60	2.36	3.73
NP After MI And SOA Margin (%)	-3.60	-6.06	1.60	2.36	3.73
Return on Networth / Equity (%)	-7.57	-15.04	4.48	5.84	8.09
Return on Capital Employeed (%)	-2.90	-14.49	10.84	13.48	16.52
Return On Assets (%)	-3.80	-7.67	2.35	3.17	4.08
Long Term Debt / Equity (X)	0.01	0.01	0.04	0.07	0.09
Total Debt / Equity (X)	0.55	0.53	0.41	0.32	0.41
Asset Turnover Ratio (%)	1.03	1.21	1.57	1.37	1.15
Current Ratio (X)	0.96	1.03	1.33	1.32	1.19
Quick Ratio (X)	0.66	0.71	0.99	0.94	0.83
Inventory Turnover Ratio (X)	4.91	6.34	7.77	5.85	3.91
Interest Coverage Ratio (X)	0.25	-1.53	3.01	3.00	3.29
Interest Coverage Ratio (Post Tax) (X)	0.00	-1.18	1.85	1.91	2.18
Enterprise Value (Cr.)	161.75	169.21	266.55	237.71	187.19
EV / Net Operating Revenue (X)	0.52	0.42	0.51	0.54	0.52
EV / EBITDA (X)	56.02	-10.09	9.17	7.04	5.01
MarketCap / Net Operating Revenue (X)	0.28	0.24	0.38	0.43	0.34
Price / BV (X)	0.60	0.59	1.08	1.08	0.74
Price / Net Operating Revenue (X)	0.28	0.24	0.38	0.43	0.34
EarningsYield	-0.12	-0.25	0.04	0.05	0.10

After reviewing the key financial ratios for Astron Paper & Board Mill Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is -2.41. This value is below the healthy minimum of 5. It has increased from -5.15 (Mar 23) to -2.41, marking an increase of 2.74.
For Diluted EPS (Rs.), as of Mar 24, the value is -2.41. This value is below the healthy minimum of 5. It has increased from -5.15 (Mar 23) to -2.41, marking an increase of 2.74.
For Cash EPS (Rs.), as of Mar 24, the value is -0.84. This value is below the healthy minimum of 3. It has increased from -3.68 (Mar 23) to -0.84, marking an increase of 2.84.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 31.84. It has decreased from 34.24 (Mar 23) to 31.84, marking a decrease of 2.40.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 31.84. It has decreased from 34.24 (Mar 23) to 31.84, marking a decrease of 2.40.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 66.84. It has decreased from 84.89 (Mar 23) to 66.84, marking a decrease of 18.05.
For PBDIT / Share (Rs.), as of Mar 24, the value is 0.62. This value is below the healthy minimum of 2. It has increased from -3.60 (Mar 23) to 0.62, marking an increase of 4.22.
For PBIT / Share (Rs.), as of Mar 24, the value is -0.94. This value is below the healthy minimum of 0. It has increased from -5.08 (Mar 23) to -0.94, marking an increase of 4.14.
For PBT / Share (Rs.), as of Mar 24, the value is -3.36. This value is below the healthy minimum of 0. It has increased from -7.43 (Mar 23) to -3.36, marking an increase of 4.07.
For Net Profit / Share (Rs.), as of Mar 24, the value is -2.41. This value is below the healthy minimum of 2. It has increased from -5.15 (Mar 23) to -2.41, marking an increase of 2.74.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -2.41. This value is below the healthy minimum of 2. It has increased from -5.15 (Mar 23) to -2.41, marking an increase of 2.74.
For PBDIT Margin (%), as of Mar 24, the value is 0.92. This value is below the healthy minimum of 10. It has increased from -4.24 (Mar 23) to 0.92, marking an increase of 5.16.
For PBIT Margin (%), as of Mar 24, the value is -1.41. This value is below the healthy minimum of 10. It has increased from -5.98 (Mar 23) to -1.41, marking an increase of 4.57.
For PBT Margin (%), as of Mar 24, the value is -5.02. This value is below the healthy minimum of 10. It has increased from -8.75 (Mar 23) to -5.02, marking an increase of 3.73.
For Net Profit Margin (%), as of Mar 24, the value is -3.60. This value is below the healthy minimum of 5. It has increased from -6.06 (Mar 23) to -3.60, marking an increase of 2.46.
For NP After MI And SOA Margin (%), as of Mar 24, the value is -3.60. This value is below the healthy minimum of 8. It has increased from -6.06 (Mar 23) to -3.60, marking an increase of 2.46.
For Return on Networth / Equity (%), as of Mar 24, the value is -7.57. This value is below the healthy minimum of 15. It has increased from -15.04 (Mar 23) to -7.57, marking an increase of 7.47.
For Return on Capital Employeed (%), as of Mar 24, the value is -2.90. This value is below the healthy minimum of 10. It has increased from -14.49 (Mar 23) to -2.90, marking an increase of 11.59.
For Return On Assets (%), as of Mar 24, the value is -3.80. This value is below the healthy minimum of 5. It has increased from -7.67 (Mar 23) to -3.80, marking an increase of 3.87.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.55. This value is within the healthy range. It has increased from 0.53 (Mar 23) to 0.55, marking an increase of 0.02.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.03. It has decreased from 1.21 (Mar 23) to 1.03, marking a decrease of 0.18.
For Current Ratio (X), as of Mar 24, the value is 0.96. This value is below the healthy minimum of 1.5. It has decreased from 1.03 (Mar 23) to 0.96, marking a decrease of 0.07.
For Quick Ratio (X), as of Mar 24, the value is 0.66. This value is below the healthy minimum of 1. It has decreased from 0.71 (Mar 23) to 0.66, marking a decrease of 0.05.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.91. This value is within the healthy range. It has decreased from 6.34 (Mar 23) to 4.91, marking a decrease of 1.43.
For Interest Coverage Ratio (X), as of Mar 24, the value is 0.25. This value is below the healthy minimum of 3. It has increased from -1.53 (Mar 23) to 0.25, marking an increase of 1.78.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 3. It has increased from -1.18 (Mar 23) to 0.00, marking an increase of 1.18.
For Enterprise Value (Cr.), as of Mar 24, the value is 161.75. It has decreased from 169.21 (Mar 23) to 161.75, marking a decrease of 7.46.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.52. This value is below the healthy minimum of 1. It has increased from 0.42 (Mar 23) to 0.52, marking an increase of 0.10.
For EV / EBITDA (X), as of Mar 24, the value is 56.02. This value exceeds the healthy maximum of 15. It has increased from -10.09 (Mar 23) to 56.02, marking an increase of 66.11.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.28. This value is below the healthy minimum of 1. It has increased from 0.24 (Mar 23) to 0.28, marking an increase of 0.04.
For Price / BV (X), as of Mar 24, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.59 (Mar 23) to 0.60, marking an increase of 0.01.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.28. This value is below the healthy minimum of 1. It has increased from 0.24 (Mar 23) to 0.28, marking an increase of 0.04.
For EarningsYield, as of Mar 24, the value is -0.12. This value is below the healthy minimum of 5. It has increased from -0.25 (Mar 23) to -0.12, marking an increase of 0.13.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Astron Paper & Board Mill Ltd as of April 4, 2025 is: 25.18

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Astron Paper & Board Mill Ltd is Undervalued by 98.27% compared to the current share price 12.70

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Astron Paper & Board Mill Ltd as of April 4, 2025 is: 14.79

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Astron Paper & Board Mill Ltd is Undervalued by 16.46% compared to the current share price 12.70

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -41.24%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (108.63 cr) compared to borrowings (75.13 cr), indicating strong financial stability.	The stock has a low average ROCE of 6.57%, which may not be favorable. The stock has a high average Working Capital Days of 73.86, which may not be favorable. The stock has a high average Cash Conversion Cycle of 56.00, which may not be favorable. The company has not shown consistent growth in sales (351.00) and profit (0.00).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Astron Paper & Board Mill Ltd:
1. Net Profit Margin: -3.6%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -2.9% (Industry Average ROCE: 27.38%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -7.57% (Industry Average ROE: 12.23%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.66
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 29.68)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.55
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Astron Paper & Board Mill Ltd. is a Public Limited Listed company incorporated on 29/12/2010 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L21090GJ2010PLC063428 and registration number is 063428. Currently Company is involved in the business activities of Manufacture of corrugated paper and paperboard. Company's Total Operating Revenue is Rs. 310.79 Cr. and Equity Capital is Rs. 46.50 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Paper & Paper Products	D-702, Seventh Floor, Ganesh Meridian, Ahmedabad Gujarat 380060	info@astronpaper.com http://www.astronpaper.com

Management
Name	Position Held
Mr. Kirit Ghanshyambhai Patel	Chairman & Managing Director
Mr. Sudhir Omprakash Maheshwari	Independent Director
Ms. Dhyanam Sunilkumar Vyas	Independent Director
Mr. Dhiren Narendrakumar Parikh	Independent Director
Mr. Karshanbhai Hirabhai Patel	Director
Mr. Ramakant Kantibhai Patel	Whole Time Director
Mr. Anand Maheshwari	Independent Director

FAQ

What is the intrinsic value of Astron Paper & Board Mill Ltd?

Astron Paper & Board Mill Ltd's intrinsic value (as of 04 April 2025) is ₹25.18 — 98.27% higher the current market price of ₹12.70, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 58.9 Cr. market cap, FY2025-2026 high/low of ₹29.9/10.1, reserves of 84 Cr, and liabilities of 264 Cr.

What is the Market Cap of Astron Paper & Board Mill Ltd?

The Market Cap of Astron Paper & Board Mill Ltd is 58.9 Cr..

What is the current Stock Price of Astron Paper & Board Mill Ltd as on 04 April 2025?

The current stock price of Astron Paper & Board Mill Ltd as on 04 April 2025 is 12.7.

What is the High / Low of Astron Paper & Board Mill Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Astron Paper & Board Mill Ltd stocks is ₹29.9/10.1.

What is the Stock P/E of Astron Paper & Board Mill Ltd?

The Stock P/E of Astron Paper & Board Mill Ltd is .

What is the Book Value of Astron Paper & Board Mill Ltd?

The Book Value of Astron Paper & Board Mill Ltd is 28.1.

What is the Dividend Yield of Astron Paper & Board Mill Ltd?

The Dividend Yield of Astron Paper & Board Mill Ltd is 0.00 %.

What is the ROCE of Astron Paper & Board Mill Ltd?

The ROCE of Astron Paper & Board Mill Ltd is 1.86 %.

What is the ROE of Astron Paper & Board Mill Ltd?

The ROE of Astron Paper & Board Mill Ltd is 7.32 %.

What is the Face Value of Astron Paper & Board Mill Ltd?

The Face Value of Astron Paper & Board Mill Ltd is 10.0.