EROAD LIMITED (ERD)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ERD

ERD - EROAD LIMITED

FNArena Sector : Transportation & Logistics
Year End: March
GICS Industry Group : Technology Hardware & Equipment
Debt/EBITDA: 0.54
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.39

30 May
2025

0.040

OPEN

$1.36

2.96%

HIGH

$1.40

532,306

LOW

$1.36

TARGET
$1.80 29.5% upside
OTHER COMPANIES IN THE SAME SECTOR
ACE . AIZ . AQZ . AVD . AZJ . BXB . CLX . KLS . KSC . LAU . NTD . QAN . QUB . SLH . SPZ . SST . THL . WTC .
FNARENA'S MARKET CONSENSUS FORECASTS
ERD: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 2.8 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 49.2 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx0.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx173.9 M
Book Value Per Share xxxxxxxxxxxxxxx161.2
Net Operating Cash Flow xxxxxxxxxxxxxxx39.3 M
Net Profit Margin xxxxxxxxxxxxxxx0.73 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx0.44 %
Return on Invested Capital xxxxxxxxxxxxxxx0.40 %
Return on Assets xxxxxxxxxxxxxxx0.31 %
Return on Equity xxxxxxxxxxxxxxx0.44 %
Return on Total Capital xxxxxxxxxxxxxxx1.27 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx27.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx6 M
Long Term Debt xxxxxxxxxxxxxxx22 M
Total Debt xxxxxxxxxxxxxxx28 M
Goodwill - Gross xxxxxxxxxxxxxxx115 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx36 M
Price To Book Value xxxxxxxxxxxxxxx0.54

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx25.8 M
Capex % of Sales xxxxxxxxxxxxxxx14.82 %
Cost of Goods Sold xxxxxxxxxxxxxxx135 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx34 M
Research & Development xxxxxxxxxxxxxxx19 M
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

29/05/2025

1

Buy, High Risk

$1.80

29.50%

Shaw and Partners describes Eroad’s FY25 result as a key inflection point, noting free cash flow rose to NZ$16m in FY25, or NZ$23.6m on a normalised basis, marking a turnaround from negative results in prior years.

Revenue reached NZ$194.4m, at the top end of guidance and slightly above the broker’s forecast, while earnings (EBITDA) of NZ$9.9m sit at the top end of the NZ$5-10m guidance range.

US growth confidence lifted with the company providing deal pipeline detail for the first time and maintaining a medium-term annual recurring revenue (ARR) growth target of 11-13%, note the analysts.

Shaw raises its target price to $1.80 from $1.40 and retains a Buy, High Risk rating.

FORECAST
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.83 cents.
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 4.74 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Jarden

29/05/2025

3

Neutral

-

-

Eroad has delivered FY25 free cash flow of NZ$16m, its first positive result since FY21, highlights Jarden.

Revenue grew 7% to NZ$194m, supported by strength in Australia and New Zealand, while North America remains weak, with unit declines as management prioritises enterprise clients, explain the analysts.

FY26 revenue is guided above NZ$205m, with upside from late-stage pipeline deals.

Cost discipline and operational efficiencies are improving margin and cash conversion, observes the broker.

Jarden raises the target price to NZ$1.20 from NZ$1.05 and retains a Neutral rating.

FORECAST
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.64 cents.
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.93 cents.
Access Extra Coverage Research History >

ERD STOCK CHART

FNArena News on ERD

1
FNArena Corporate Results Monitor – 30-05-2025

May 30 2025 - Australia
2
Australian Broker Call *Extra* Edition – May 29, 2025

May 29 2025 - Daily Market Reports
3
FNArena Corporate Results Monitor – 09-12-2024

Dec 09 2024 - Australia
4
Australian Broker Call *Extra* Edition – Jul 03, 2024

Jul 03 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Jun 03, 2024

Jun 03 2024 - Daily Market Reports

Latest Transportation & Logistics News

1
Alliance Aviation Cleared For Dividend Takeoff

Dec 16 2024 - Small Caps
2
Brambles’ Slow Start Of Little Concern

Oct 29 2024 - Australia
3
Brambles Leverages Deep Data Analysis

Sep 18 2024 - Australia
4
Aurizon: A Dividend Downer For Investors

Aug 14 2024 - Australia
5
Treasure Chest: Qantas Airways

Jul 15 2024 - Treasure Chest
6
In Brief: Airlines, Pathology & Seek

Jul 12 2024 - Weekly Reports
7
Brambles’ Divisive March Quarter

Apr 24 2024 - Australia
8
Treasure Chest: Silk Logistics

Sep 28 2023 - Treasure Chest
9
Lindsay Australia: Transported To Growth

Sep 13 2023 - Small Caps
10
Qantas Flying High, But Sustainability In Question

May 24 2023 - Australia