EROAD LIMITED (ERD)
Share Price Analysis and Chart

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ERD - EROAD LIMITED

FNArena Sector : Transportation & Logistics
Year End: March
GICS Industry Group : Technology Hardware & Equipment
Debt/EBITDA: 2.36
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.75

01 Mar
2024

0.000

OPEN

$0.76

0.000

HIGH

$0.76

9,031

LOW

$0.72

TARGET
$0.95 26.7% upside
OTHER COMPANIES IN THE SAME SECTOR
a2b . 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 FY24
Forecast
FY25
Forecast
EPS (cps) - 2.9 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A 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: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-2.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx145.8 M
Book Value Per Share xxxxxxxxxxxxxxx173.5
Net Operating Cash Flow xxxxxxxxxxxxxxx22.0 M
Net Profit Margin xxxxxxxxxxxxxxx-1.87 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-1.18 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.97 %
Return on Assets xxxxxxxxxxxxxxx-0.76 %
Return on Equity xxxxxxxxxxxxxxx-1.18 %
Return on Total Capital xxxxxxxxxxxxxxx-3.04 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-3.1 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx70 M
Total Debt xxxxxxxxxxxxxxx73 M
Goodwill - Gross xxxxxxxxxxxxxxx101 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx18 M
Price To Book Value xxxxxxxxxxxxxxx0.28

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx50.8 M
Capex % of Sales xxxxxxxxxxxxxxx34.81 %
Cost of Goods Sold xxxxxxxxxxxxxxx119 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx36 M
Research & Development xxxxxxxxxxxxxxx34 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

0.0

No. Of Recommendations

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

Bell Potter

12/12/2023

3

Downgrade to Hold from Buy

$0.95

26.67%

Having recently updated on Eroad following the company's first half results release last month, Bell Potter makes no changes to its forecasts. However, with the stock now trading modestly above the broker's target price, it downgrades its rating from Hold from Buy.

The broker retains it's full year forecast for revenue of NZ$179.8m, and earnings of NZ$4.4m. While this is towards the upper end of guidance, Bell Potter expects there may remain some conservatism in both its forecast and company guidance.

Target price of 95 cents is retained.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -2.87 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.18 cents.

ERD STOCK CHART