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Astra Corp. had the following operating results for 2021 & 2020. Astra paid dividends of $1,000,000 per year for both years and made capital
Astra Corp. had the following operating results for 2021 & 2020. Astra paid dividends of $1,000,000 per year for both years and made capital expenditures of $100,000 in both years. The company's stock price in 2021 was $23.00 and $21.00 in 2020. In 2021, the industry average earnings multiple was 18, the free cash flow multiple was 22 and sales multiple was 2.10. The company is publicly owned and has 1,800,000 shares of outstanding stock at the end of 2021.
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