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EROAD LimitedNZSE:ERD Stock Report

Market Cap NZ$542.5m
Share Price
NZ$2.90
My Fair Value
NZ$2.1
38.1% overvalued intrinsic discount
1Y130.2%
7D7.4%
Portfolio Value
View

EROAD Limited

NZSE:ERD Stock Report

Market Cap: NZ$542.5m

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
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

ERD Community Fair Values

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See what 16 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$2.90
52 Week HighNZ$2.94
52 Week LowNZ$0.84
Beta2.06
1 Month Change20.83%
3 Month Change97.28%
1 Year Change130.16%
3 Year Change76.83%
5 Year Change-27.50%
Change since IPO-14.71%

Recent News & Updates

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

Aug 07
EROAD Limited's (NZSE:ERD) 42% Share Price Surge Not Quite Adding Up

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

Jul 29
There Are Reasons To Feel Uneasy About EROAD's (NZSE:ERD) Returns On Capital

Recent updates

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

Aug 07
EROAD Limited's (NZSE:ERD) 42% Share Price Surge Not Quite Adding Up

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

Jul 29
There Are Reasons To Feel Uneasy About EROAD's (NZSE:ERD) Returns On Capital

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

Apr 17
Lacklustre Performance Is Driving EROAD Limited's (NZSE:ERD) 28% Price Drop

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

Nov 08
Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)

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

May 03
Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)

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

Mar 30
EROAD Limited's (NZSE:ERD) Intrinsic Value Is Potentially 46% Above Its Share Price

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

Jan 25
Does EROAD (NZSE:ERD) Have A Healthy Balance Sheet?

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

Sep 14
Calculating The Fair Value Of EROAD Limited (NZSE:ERD)

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

Jul 23
We Take A Look At Why EROAD Limited's (NZSE:ERD) CEO Compensation Is Well Earned

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

May 25
Is It Time To Consider Buying EROAD Limited (NZSE:ERD)?

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

Mar 23
A Look At The Fair Value Of EROAD Limited (NZSE:ERD)

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

Feb 20
Is EROAD's (NZSE:ERD) 122% Share Price Increase Well Justified?

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

Jan 29
How Does EROAD's (NZSE:ERD) CEO Pay Compare With Company Performance?

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

Jan 08
What Type Of Shareholders Own The Most Number of EROAD Limited (NZSE:ERD) Shares?

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

Dec 18
Does EROAD's (NZSE:ERD) Statutory Profit Adequately Reflect Its Underlying Profit?

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

Nov 27
Earnings Update: Here's Why Analysts Just Lifted Their EROAD Limited (NZSE:ERD) Price Target To NZ$5.32

Shareholder Returns

ERDNZ ElectronicNZ Market
7D7.4%-1.8%-0.5%
1Y130.2%46.6%5.2%

Return vs Industry: ERD exceeded the NZ Electronic industry which returned 47.9% over the past year.

Return vs Market: ERD exceeded the NZ Market which returned 3.3% over the past year.

Price Volatility

Is ERD's price volatile compared to industry and market?
ERD volatility
ERD Average Weekly Movement9.2%
Electronic Industry Average Movement9.2%
Market Average Movement4.1%
10% most volatile stocks in NZ Market8.8%
10% least volatile stocks in NZ Market2.4%

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 (9%) has been stable over the past year, but is still higher than 75% of NZ stocks.

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$542.54m
Earnings (TTM)NZ$1.40m
Revenue (TTM)NZ$194.40m
387.5x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERD income statement (TTM)
RevenueNZ$194.40m
Cost of RevenueNZ$145.60m
Gross ProfitNZ$48.80m
Other ExpensesNZ$47.40m
EarningsNZ$1.40m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.0075
Gross Margin25.10%
Net Profit Margin0.72%
Debt/Equity Ratio8.1%

How did ERD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/19 18:20
End of Day Share Price 2025/09/19 00:00
Earnings2025/03/31
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. 3 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
Wassim KisirwaniCredit Suisse
Guy Edward HooperJarden Limited