In this blog post, we will share our analysis on Astra Micro share price targets for 2024, 2025 to 2030 based on market trends, historical performances, balance sheet analysis, profit & loss report analysis . To know how the stock will perform and how hight it’s share price expected to go in the upcoming years based on our analysis, read this complete analysis.
What is Astra Microwave Products Ltd.?
Astra Microwave Products Limited specializes in crafting cutting-edge sub-systems tailored for radio frequency and microwave applications across defense, space, meteorology, and telecommunications sectors.
Established in 1991, our core endeavors encompass the design, development, and manufacturing of an extensive array of electronic components and systems, including filters, amplifiers, antennas, and more.
Under the astute leadership of Managing Director Mr. Maram Reddy, we strive to deliver innovative solutions that meet the stringent demands of modern technology. With a robust portfolio spanning radar systems, space electronics, missile subsystems, and beyond, we cater to diverse needs with precision and excellence.
At Astra Microwave Products, we’re committed to pushing boundaries, ensuring reliability, and fostering breakthroughs in RF and microwave technology. Join us as we redefine possibilities and pave the way for a connected future.
Astra Microwave Products Ltd. Fundamental Analysis
| Market Cap | ₹ 5,961.12 Cr. |
| Enterprise Value | ₹ 6,025.94 Cr. |
| No. of Shares | 9.49 Cr. |
| P/E | 79.52 |
| P/B | 6.49 |
| Face Value | ₹ 2 |
| Div. Yield | 0.26% |
| Book Value (TTM) | ₹ 96.81 |
| Cash | ₹ 104.04 Cr. |
| Debt | ₹ 168.86 Cr. |
| Promoter Holding | 6.54% |
| EPS (TTM) | ₹ 7.90 |
| Sales Growth | 9.84% |
| ROE | 12.34% |
| ROCE | 17.98% |
| Profit Growth | 90.26% |
According to technical analysis, ASTRAMICRO’s minimum share price target for 2024 is projected to be ₹606, while the maximum target is anticipated to reach ₹805.12.
| Month | Astra Micro Share Price Target 2024 |
|---|---|
| April 2024 | ₹640.4 |
| May 2024 | ₹650.7 |
| June 2024 | ₹655.1 |
| July 2024 | ₹680.4 |
| August 2024 | ₹699.7 |
| September 2024 | ₹709.1 |
| October 2024 | ₹745.4 |
| November 2024 | ₹765.7 |
| December 2024 | ₹805.1 |
Also Read: CDSL Share Price Target 2024, 2025 to 2030: A Strategic Analysis
In January 2025, the anticipated target price for ASTRAMICRO shares is ₹805.2. This projection is based on an analysis of macroeconomic factors, microeconomic indicators, and industry trends. As the year progresses, the target prices continue to fluctuate:
| Month | Astra Micro Share Price Target 2025 |
|---|---|
| January 2025 | ₹805.2 |
| February 2025 | ₹817.9 |
| March 2025 | ₹825 |
| April 2025 | ₹828 |
| May 2025 | ₹820 |
| June 2025 | ₹835 |
| July 2025 | ₹855 |
| August 2025 | ₹875 |
| September 2025 | ₹880 |
| October 2025 | ₹899 |
| November 2025 | ₹915 |
| December 2025 | ₹939 |
Also Read: Teamlease Services Share Price Target 2024, 2025 to 2030
In 2030, ASTRAMICRO is anticipated to experience varied share price targets reflecting market dynamics and industry trends.
| Year | Astra Micro Share Price Target 2030 |
|---|---|
| 2030 | ₹2500-₹3800 |
Also Read: Micron Technology Share Price Target 2024, 2025, 2030
What does other expert’s opinions?
Walletinvestor.com predicts a 1-year target of ₹682.852 and a 5-year target of ₹1183.139, suggesting potential growth.
Astra Microwave Products Ltd. Stock Quick Analysis Research
- PE Ratio (78.31): High, indicating potential overvaluation. A high P/E ratio suggests that investors are willing to pay a high price for each rupee of earnings, which could be a sign that the stock is overvalued.
- Current Ratio (2.48): Within acceptable range. The current ratio indicates a company’s ability to pay off its short-term liabilities with its short-term assets. A current ratio of 2.48 means that Astra Microwave Products has enough short-term assets to cover its short-term liabilities.
- ROA (7.49%): Bad, indicates inefficiency. ROA measures how effectively a company can generate profits from its assets. A low ROA indicates that Astra Microwave Products is not efficiently using its assets to generate profits.
- ROE (12.34%): Moderate. ROE measures a company’s ability to generate profits from its shareholders’ investments. A ROE of 12.34% means that Astra Microwave Products is generating a moderate return on its shareholders’ equity.
- Debt to Equity Ratio (0.26): Low, indicates low debt. A low debt-to-equity ratio indicates that Astra Microwave Products has a low proportion of debt in its capital structure. This can be a sign of financial stability.
- Inventory Turnover Ratio (2.02): Inefficient inventory management. Inventory turnover ratio measures how many times a company has sold and replaced its inventory during a certain period. A low inventory turnover ratio indicates that Astra Microwave Products is not efficiently managing its inventory.
- Sales Growth (9.84%): Poor. Sales growth measures the increase in a company’s revenue over time. A low sales growth rate indicates that Astra Microwave Products’ revenue is not growing at a healthy pace.
- Operating Margin (18.56%): Average. The operating margin measures a company’s profitability from its core operations. An operating margin of 18.56% is average.
- Dividend Yield (0.26%): Low. The dividend yield is a measure of the amount of dividend an investor receives relative to the price of the stock. A low dividend yield indicates that Astra Microwave Products is not paying out a high proportion of its profits as dividends.
👍 Strengths
- Over the past 3 years, the company has demonstrated robust profit growth of 17.42%.
- The company has exhibited strong revenue growth, averaging 20.48% over the past 3 years.
- With a PEG ratio of 0.88, the company appears to be undervalued relative to its earnings growth potential.
- The company maintains a healthy liquidity position, boasting a current ratio of 2.48.
👎 Weakness
- Despite its growth, the company’s return on equity (ROE) has been lackluster at 7.89% over the past 3 years.
- There’s a concern regarding the company’s negative cash flow from operations, which stands at -21.77.
- The company’s high EV/EBITDA ratio of 37.83 suggests it may be trading at a premium valuation compared to its earnings before interest, taxes, depreciation, and amortization (EBITDA).
Conclusion
Based on the financial ratios analyzed, Astra Microwave Products might be overvalued and shows signs of inefficiency in certain areas, such as inventory management and asset utilization. The company’s sales growth is also poor. However, the company has a low debt-to-equity ratio, which is a positive sign.
| Financial Ratio | Value | Interpretation |
|---|---|---|
| PE Ratio | 78.31 | High, potential overvaluation |
| Current Ratio | 2.48 | Within acceptable range |
| ROA | 7.49% | Bad, indicates inefficiency |
| ROE | 12.34% | Moderate |
| Debt to Equity Ratio | 0.26 | Low, indicates low debt |
| Inventory Turnover Ratio | 2.02 | Inefficient inventory management |
| Sales Growth | 9.84% | Poor |
| Operating Margin | 18.56% | Average |
| Dividend Yield | 0.26% | Low |
FAQs
Disclaimer: Dear Readers, Please note, These stock price projections are based on various factors like past performance, fundamentals, technical signals and market trends. These projections are for informational purposes only and aren’t financial advice or guarantees.
