How does ERD's PS Ratio compare to its peers?

ERD is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (3.6x).

How does ERD's PS Ratio compare vs other companies in the Oceanian Electronic Industry?

ERD is good value based on its Price-To-Sales Ratio (0.9x) compared to the Global Electronic industry average (1.6x).

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

ERD is expensive based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

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

ERD (NZ$0.9) is trading below our estimate of [[fair value]] (NZ$7.61)

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

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

EROAD (NZSE:ERD) - Stock Price, News & Analysis

ERD Stock Overview

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

ERD fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 88.2% below our estimate of its fair value

Earnings are forecast to grow 41.6% per year

Risk Analysis

Does not have a meaningful market cap (NZ$168M)

Volatile share price over the past 3 months compared to the NZ market

EROAD Limited Competitors

ikeGPS Group

NZSE:IKE

NZ$98.1m

Rakon

NZSE:RAK

NZ$157.1m

Paragon ID

ENXTPA:PID

€75.3m

FIBERPRO

KOSDAQ:A368770

₩150.1b

Price History & Performance

Summary of all time highs, changes and price drops for EROAD
Historical stock prices
Current Share Price	NZ$0.90
52 Week High	NZ$1.50
52 Week Low	NZ$0.73
Beta	2.04
11 Month Change	-1.10%
3 Month Change	-30.77%
1 Year Change	21.62%
33 Year Change	-82.35%
5 Year Change	-71.70%
Change since IPO	-73.53%

Recent updates

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

Mar 30

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

Jan 25

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

Sep 14

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

Jul 23

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

May 25

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

Mar 23

Is EROAD's (NZSE:ERD) 122% Share Price Increase Well Justified?

Feb 20

How Does EROAD's (NZSE:ERD) CEO Pay Compare With Company Performance?

Jan 29

What Type Of Shareholders Own The Most Number of EROAD Limited (NZSE:ERD) Shares?

Jan 08

Does EROAD's (NZSE:ERD) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 18

Earnings Update: Here's Why Analysts Just Lifted Their EROAD Limited (NZSE:ERD) Price Target To NZ$5.32

Nov 27

EROAD Limited's (NZSE:ERD) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Nov 19

Shareholder Returns

	ERD	NZ Electronic	NZ Market
7D	-2.2%	-0.9%	0.1%
1Y	21.6%	5.7%	9.6%

Return vs Industry: ERD exceeded the NZ Electronic industry which returned 5.7% over the past year.

Return vs Market: ERD exceeded the NZ Market which returned 9.6% over the past year.

Price Volatility

Is ERD's price volatile compared to industry and market?
ERD volatility
ERD Average Weekly Movement	7.8%
Electronic Industry Average Movement	8.3%
Market Average Movement	4.5%
10% most volatile stocks in NZ Market	9.3%
10% least volatile stocks in NZ Market	3.0%

Stable Share Price: ERD's share price has been volatile over the past 3 months compared to the NZ market.

Volatility Over Time: ERD's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Mark Heine	eroadglobal.com

EROAD Limited provides electronic on-board units and software as a service to the transport industry in New Zealand, Australia, the United States, and internationally. The company offers products to reduce the time and money spend on road user charges compliance; video telematic solutions; asset tracking products; and manage obligations and risks associated with the Health and Safety at Work Act, as well as fleet management products. It also designs and manufactures in-vehicle hardware; and operates secure payment and merchant gateways, as well as provides web-based value-added services.

EROAD Limited Fundamentals Summary

How do EROAD's earnings and revenue compare to its market cap?
ERD fundamental statistics
Market cap	NZ$173.70m
Earnings (TTM)	-NZ$300.00k
Revenue (TTM)	NZ$182.00m

0.9x

P/S Ratio

-560.3x

P/E Ratio

Is ERD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERD income statement (TTM)
Revenue	NZ$182.00m
Cost of Revenue	NZ$139.00m
Gross Profit	NZ$43.00m
Other Expenses	NZ$43.30m
Earnings	-NZ$300.00k

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Nov 24, 2024

Earnings per share (EPS)	-0.0016
Gross Margin	23.63%
Net Profit Margin	-0.16%
Debt/Equity Ratio	12.1%

How did ERD perform over the long term?

See historical performance and comparison

ERD Stock Overview

Rewards

Risk Analysis

EROAD Limited Competitors

NZSE:IKE

NZ$98.1m

NZSE:RAK

NZ$157.1m

ENXTPA:PID

€75.3m

KOSDAQ:A368770

₩150.1b

Price History & Performance

Recent News & Updates

New minor risk - Market cap size

EROAD Limited to Report First Half, 2025 Results on Nov 25, 2024

EROAD Announces New AI Dashcam Product, EROAD Clarity Edge

EROAD Limited Provides Revenue Guidance for the Fiscal Year 2025

Full year 2024 earnings released

EROAD Limited, Annual General Meeting, Jun 26, 2024

Recent updates

New minor risk - Market cap size

EROAD Limited to Report First Half, 2025 Results on Nov 25, 2024

EROAD Announces New AI Dashcam Product, EROAD Clarity Edge

EROAD Limited Provides Revenue Guidance for the Fiscal Year 2025

Full year 2024 earnings released

EROAD Limited, Annual General Meeting, Jun 26, 2024

EROAD Limited Appoints Duanne O'brien as Its New Chief Technology Officer, Effective 18 June 2024

EROAD Limited Announces Board Changes

New minor risk - Market cap size

New major risk - Share price stability

First half 2024 earnings released: NZ$0.011 loss per share (vs NZ$0.005 profit in 1H 2023)

EROAD Limited Provides Earnings Guidance for the Fiscal Year 2024

Consensus EPS estimates upgraded to NZ$0.003 loss

EROAD Limited to Report First Half, 2024 Results on Nov 29, 2023

New major risk - Shareholder dilution

EROAD Limited has completed a Follow-on Equity Offering in the amount of AUD 32.368955 million.

EROAD Limited has completed a Follow-on Equity Offering in the amount of AUD 32.368955 million.

EROAD Product Enhancements Enable Improvements in Driver Safety, Operational Transformation, and Tax and Compliance

EROAD Limited Appoints Tracey Herman as Executive Vice President of Finance

Volaris Reportedly Set to Raise Bid for EROAD

Price target increased by 48% to NZ$2.55

EROAD Limited, Annual General Meeting, Jul 28, 2023

Full year 2023 earnings released: NZ$0.027 loss per share (vs NZ$0.10 loss in FY 2022)

EROAD Limited to Report Fiscal Year 2023 Results on May 24, 2023

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

Price target decreased to NZ$2.23

First half 2023 earnings released: EPS: NZ$0.005 (vs NZ$0.033 loss in 1H 2022)

EROAD Limited Appoints Margaret Warrington as Chief Financial Officer, Effective 1 December 2022

Price target decreased to NZ$2.83

EROAD Limited to Report Q2, 2023 Results on Nov 25, 2022

Price target decreased to NZ$2.83

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

EROAD Limited Revises Revenue Guidance for the Fiscal Year 2023

EROAD Limited Approves the Election of Sara Gifford as a Director

Now 21% undervalued after recent price drop

EROAD Appoints Mark Heine as New Chief Executive Officer

EROAD Limited, Annual General Meeting, Jul 28, 2022

Executive Director recently bought NZ$581k worth of stock

Full year 2022 earnings released

EROAD Limited to Report Fiscal Year 2022 Results on May 26, 2022

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

Price target decreased to NZ$5.07

Price target decreased to NZ$5.07

Steven Newman Resigns from the EROAD Board

EROAD Limited Appoints Sara Gifford as an Additional North American Director

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

EROAD Limited Announces Resignation of Alex Ball as Chief Financial Officer, Effective May 13, 2022

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

Independent Chairman of the Board recently bought NZ$56k worth of stock

First half 2022 earnings: EPS and revenues exceed analyst expectations

First half 2022 earnings: EPS and revenues exceed analyst expectations

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

Price target increased to NZ$6.67

Consensus forecasts updated

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

Price target increased to NZ$6.13

EROAD Limited has completed a Follow-on Equity Offering in the amount of NZD 64.17 million.

Consensus forecasts updated

EROAD Limited Reiterates Earnings Guidance for the Financial Year of 2022