EROAD LIMITED (ERD)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ERD - EROAD LIMITED

FNArena Sector : Transportation & Logistics
Year End: March
GICS Industry Group : Technology Hardware & Equipment
Debt/EBITDA: 1.01
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.04

02 Jul
2024

0.080

OPEN

$0.96

8.33%

HIGH

$1.08

231,967

LOW

$0.96

TARGET
$1.50 44.2% 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 . Z2U .
FNARENA'S MARKET CONSENSUS FORECASTS
ERD: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 1.9 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 58.1 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 © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-0.2
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx165.3 M
Book Value Per Share xxxxxxxxxxxxxxx150.6
Net Operating Cash Flow xxxxxxxxxxxxxxx49.0 M
Net Profit Margin xxxxxxxxxxxxxxx-0.17 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-0.11 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.09 %
Return on Assets xxxxxxxxxxxxxxx-0.07 %
Return on Equity xxxxxxxxxxxxxxx-0.11 %
Return on Total Capital xxxxxxxxxxxxxxx-3.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx19.2 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx36 M
Total Debt xxxxxxxxxxxxxxx39 M
Goodwill - Gross xxxxxxxxxxxxxxx99 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx30 M
Price To Book Value xxxxxxxxxxxxxxx0.50

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx49.6 M
Capex % of Sales xxxxxxxxxxxxxxx30.01 %
Cost of Goods Sold xxxxxxxxxxxxxxx133 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx42 M
Research & Development xxxxxxxxxxxxxxx30 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

28/06/2024

1

Initiation of coverage with Buy, High Risk

$1.50

44.23%

Shaw and Partners initiates coverage on Eroad with a Buy, High Risk rating. The company provides telematics products and technology primarily to customers in the trucking industry.

Telematics (which offers 12% market growth) has several structural tailwinds, in particular through the digitisation of road user charge payments, explains the broker. Cash EBITA margins (including capex) are forecast to grow to 7% by FY27 from around -9% in FY24.

The analysts highlight the company has a refreshed strategy in the US, new leadership and is targeting verticals with a demonstrated ability to win. A target of $1.50 is set.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.85 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.35 cents.
Access Stockbroker Research History >

ERD STOCK CHART

FNArena News on ERD

1
Australian Broker Call *Extra* Edition – Jul 03, 2024

10:30 AM - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Jun 03, 2024

Jun 03 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – May 30, 2024

May 30 2024 - Daily Market Reports
4
Weekly Ratings, Targets, Forecast Changes – 15-12-23

Dec 18 2023 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Dec 07, 2023

Dec 07 2023 - Daily Market Reports

Latest Transportation & Logistics News

1
Brambles’ Divisive March Quarter

Apr 24 2024 - Australia
2
Treasure Chest: Silk Logistics

Sep 28 2023 - Treasure Chest
3
Lindsay Australia: Transported To Growth

Sep 13 2023 - Small Caps
4
Qantas Flying High, But Sustainability In Question

May 24 2023 - Australia
5
A Better Brambles Exudes Confidence

Mar 01 2023 - Australia
6
Price Performance Drives Brambles’ Turnaround

Oct 20 2022 - Australia
7
Brambles Executes On Pricing & Costs

Aug 19 2022 - Australia
8
Trouble On The Aurizon

Aug 10 2022 - Australia
9
Brambles: No Plastic, Fantastic

Jul 04 2022 - Australia
10
Brambles: Worth Holding

May 17 2022 - Technicals