Loading...
ERD logo

EROAD LimitedNZSE:ERD Stock Report

Market Cap NZ$193.3m
Share Price
NZ$0.97
NZ$2.18
55.2% undervalued intrinsic discount
1Y13.4%
7D-2.0%
Portfolio Value
View

EROAD Limited

NZSE:ERD Stock Report

Market Cap: NZ$193.3m

EROAD (ERD) Stock Overview

Provides electronic on-board units and software as a service to the transport industry in New Zealand, the United States, and Australia. More details

ERD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for ERD from our risk checks.

ERD Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

EROAD Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for EROAD
Historical stock prices
Current Share PriceNZ$0.97
52 Week HighNZ$2.94
52 Week LowNZ$0.81
Beta1.88
1 Month Change5.98%
3 Month Change0.52%
1 Year Change13.37%
3 Year Change83.96%
5 Year Change-82.01%
Change since IPO-71.32%

Recent News & Updates

Analysis Article Feb 13

Benign Growth For EROAD Limited (NZSE:ERD) Underpins Stock's 28% Plummet

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 28% in the last month...

Recent updates

Analysis Article Feb 13

Benign Growth For EROAD Limited (NZSE:ERD) Underpins Stock's 28% Plummet

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 28% in the last month...
Analysis Article Dec 12

Lacklustre Performance Is Driving EROAD Limited's (NZSE:ERD) 34% Price Drop

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 34% in the last month...
Analysis Article Dec 01

EROAD (NZSE:ERD) May Have Issues Allocating Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Oct 17

EROAD Limited's (NZSE:ERD) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

EROAD Limited ( NZSE:ERD ) shares have retraced a considerable 33% in the last month, reversing a fair amount of their...
Analysis Article Aug 07

EROAD Limited's (NZSE:ERD) 42% Share Price Surge Not Quite Adding Up

NZSE:ERD 1 Year Share Price vs Fair Value Explore EROAD's Fair Values from the Community and select yours EROAD Limited...
Analysis Article Jul 29

There Are Reasons To Feel Uneasy About EROAD's (NZSE:ERD) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 17

Lacklustre Performance Is Driving EROAD Limited's (NZSE:ERD) 28% Price Drop

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 28% in the last month...
Analysis Article Nov 08

Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article May 03

Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 30

EROAD Limited's (NZSE:ERD) Intrinsic Value Is Potentially 46% Above Its Share Price

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of EROAD Limited...
Analysis Article Jan 25

Does EROAD (NZSE:ERD) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 14

Calculating The Fair Value Of EROAD Limited (NZSE:ERD)

In this article we are going to estimate the intrinsic value of EROAD Limited ( NZSE:ERD ) by taking the expected...
Analysis Article Jul 23

We Take A Look At Why EROAD Limited's (NZSE:ERD) CEO Compensation Is Well Earned

It would be hard to discount the role that CEO Steven Newman has played in delivering the impressive results at EROAD...
Analysis Article May 25

Is It Time To Consider Buying EROAD Limited (NZSE:ERD)?

EROAD Limited ( NZSE:ERD ), might not be a large cap stock, but it led the NZSE gainers with a relatively large price...
Analysis Article Mar 23

A Look At The Fair Value Of EROAD Limited (NZSE:ERD)

In this article we are going to estimate the intrinsic value of EROAD Limited ( NZSE:ERD ) by projecting its future...

Shareholder Returns

ERDNZ ElectronicNZ Market
7D-2.0%-2.9%0.6%
1Y13.4%76.9%1.7%

Return vs Industry: ERD underperformed the NZ Electronic industry which returned 76.9% over the past year.

Return vs Market: ERD exceeded the NZ Market which returned 1.7% over the past year.

Price Volatility

Is ERD's price volatile compared to industry and market?
ERD volatility
ERD Average Weekly Movement5.4%
Electronic Industry Average Movement9.2%
Market Average Movement3.8%
10% most volatile stocks in NZ Market7.8%
10% least volatile stocks in NZ Market2.7%

Stable Share Price: ERD has not had significant price volatility in the past 3 months compared to the NZ market.

Volatility Over Time: ERD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aMark Heineeroadglobal.com

EROAD Limited provides electronic on-board units and software as a service to the transport industry in New Zealand, the United States, and Australia. The company offers EROAD platform, which connect drivers, vehicles, assets, and operations to give businesses the real-time visibility they need to stay compliant and safe on the move. It also provides electronic distance recorders, tracking devices, and mobile app that provides various enhanced electronic road user charges, safety features, and fleet tracking; and EROAD Electronic Logbook, an alternative to paper logbook.

EROAD Limited Fundamentals Summary

How do EROAD's earnings and revenue compare to its market cap?
ERD fundamental statistics
Market capNZ$193.33m
Earnings (TTM)-NZ$141.30m
Revenue (TTM)NZ$197.60m
0.9x
P/S Ratio
-1.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERD income statement (TTM)
RevenueNZ$197.60m
Cost of RevenueNZ$149.40m
Gross ProfitNZ$48.20m
Other ExpensesNZ$189.50m
Earnings-NZ$141.30m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

May 24, 2026

Earnings per share (EPS)-0.75
Gross Margin24.39%
Net Profit Margin-71.51%
Debt/Equity Ratio12.7%

How did ERD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 08:49
End of Day Share Price 2026/05/13 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EROAD Limited is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen HumphriesCanaccord Genuity
Guy Edward HooperJarden Limited
Sinclair CurrieMA Moelis Australia Securities Pty Ltd