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EROAD Ltd ERD

Morningstar Rating
NZD 0.89 +0.04 (4.71%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ERD is trading at a 39% discount.
Price
NZD 0.88
Fair Value
NZD 9.29
Uncertainty
Very High
1-Star Price
NZD 4.17
5-Star Price
NZD 7.96
Economic Moat
Csqb
Capital Allocation
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Trading Information

Previous Close Price
NZD 0.85
Day Range
NZD 0.850.89
52-Week Range
NZD 0.351.09
Bid/Ask
NZD 0.85 / NZD 0.89
Market Cap
NZD 164.49 Mil
Volume/Avg
18,146 / 71,538

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.77
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

EROAD Ltd is a New Zealand Based company which is a fully integrated technology, tolling and services provider. It designs and manufactures in-vehicle hardware operates secure payment and merchant gateways and offers web-based value-added services. The company provides electronic on-board units and software as a service to the transport industry. Its products are categorized in RUC Compliance, Health & Safety, and Fleet Management. It operates through four segments: Corporate & Development, North America, Australia, and New Zealand.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Small Core
Total Number of Employees
306

Comparables

Valuation

Metric
ERD
SPY
WIN
Price/Earnings (Normalized)
35.1014.45
Price/Book Value
0.467.241.23
Price/Sales
0.773.733.06
Price/Cash Flow
3.7119.0813.86
Price/Earnings
ERD
SPY
WIN

Financial Strength

Metric
ERD
SPY
WIN
Quick Ratio
1.201.052.43
Current Ratio
1.341.054.20
Interest Coverage
0.138.5324.45
Quick Ratio
ERD
SPY
WIN

Profitability

Metric
ERD
SPY
WIN
Return on Assets (Normalized)
−1.18%8.57%7.53%
Return on Equity (Normalized)
−1.83%19.19%8.95%
Return on Invested Capital (Normalized)
0.24%15.86%8.26%
Return on Assets
ERD
SPY
WIN
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