EROAD LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.89 NZD | +3.49% |
|
+1.14% | -12.75% |
| Apr. 10 | New Zealand Shares Rebound; EROAD Appoints Chief Technology Officer | MT |
| Apr. 10 | EROAD Names Chief Technology Officer | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 180.4 | 134.8 | 360.4 | 480.4 | 69.59 | 164.1 | - | - |
| Enterprise Value (EV) 1 | 198.9 | 173.5 | 338.3 | 498.6 | 132.1 | 193 | 192.4 | 184.2 |
| P/E ratio | -36.7 x | 131 x | 164 x | - | - | -185 x | 26.2 x | 10.2 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.94 x | 1.66 x | 3.93 x | 4.18 x | 0.4 x | 0.91 x | 0.84 x | 0.77 x |
| EV / Revenue | 3.24 x | 2.14 x | 3.69 x | 4.34 x | 0.76 x | 1.07 x | 0.99 x | 0.87 x |
| EV / EBITDA | 12.7 x | 6.4 x | 11 x | 18.3 x | 2.92 x | 3.62 x | 3.13 x | 2.59 x |
| EV / FCF | - | -13.6 x | 63.8 x | -9.37 x | -3.07 x | -27.4 x | 55 x | 15.8 x |
| FCF Yield | - | -7.38% | 1.57% | -10.7% | -32.6% | -3.65% | 1.82% | 6.32% |
| Price to Book | 3.57 x | 2.62 x | 3.48 x | - | - | 0.5 x | 0.5 x | 0.49 x |
| Nbr of stocks (in thousands) | 67,306 | 67,378 | 80,996 | 109,676 | 112,242 | 184,435 | - | - |
| Reference price 2 | 2.680 | 2.000 | 4.450 | 4.380 | 0.6200 | 0.8900 | 0.8900 | 0.8900 |
| Announcement Date | 5/27/19 | 6/19/20 | 5/27/21 | 5/25/22 | 5/23/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 61.35 | 81.22 | 91.6 | 114.9 | 174.9 | 180.1 | 194.9 | 212.5 |
| EBITDA 1 | 15.63 | 27.1 | 30.7 | 27.3 | 45.2 | 53.33 | 61.43 | 71.1 |
| EBIT 1 | -2.319 | 4.5 | 4.4 | -0.9 | -4.5 | 3.353 | 8.268 | 17.09 |
| Operating Margin | -3.78% | 5.54% | 4.8% | -0.78% | -2.57% | 1.86% | 4.24% | 8.04% |
| Earnings before Tax (EBT) 1 | -5.106 | 1.4 | 1.9 | - | -5.1 | -3.276 | 5.271 | 13.09 |
| Net income 1 | -4.915 | 1 | 2 | -9.6 | -3 | -2.767 | 3.5 | 11.9 |
| Net margin | -8.01% | 1.23% | 2.18% | -8.36% | -1.72% | -1.54% | 1.8% | 5.6% |
| EPS 2 | -0.0731 | 0.0153 | 0.0271 | - | - | -0.004820 | 0.0339 | 0.0874 |
| Free Cash Flow 1 | - | -12.8 | 5.3 | -53.2 | -43 | -7.05 | 3.5 | 11.65 |
| FCF margin | - | -15.76% | 5.79% | -46.3% | -24.59% | -3.91% | 1.8% | 5.48% |
| FCF Conversion (EBITDA) | - | - | 17.26% | - | - | - | 5.7% | 16.39% |
| FCF Conversion (Net income) | - | - | 265% | - | - | - | 100% | 97.9% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 5/27/19 | 6/19/20 | 5/27/21 | 5/25/22 | 5/23/23 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 38.5 | 42.73 | 45.8 | 45.8 | 48 | 66.9 | 78.45 | 96.45 | - | 90.9 |
| EBITDA 1 | - | 15.2 | 15.3 | 15.4 | 14.6 | 12.7 | - | 28.8 | - | 29.2 |
| EBIT | - | 3.1 | 2.4 | 2 | 1.5 | -2.4 | - | -1.1 | - | - |
| Operating Margin | - | 7.26% | 5.24% | 4.37% | 3.12% | -3.59% | - | -1.14% | - | - |
| Earnings before Tax (EBT) | - | - | - | 0.7 | - | - | - | - | - | - |
| Net income | - | 1.1 | - | 1 | -2.9 | - | - | - | -1.2 | - |
| Net margin | - | 2.57% | - | 2.18% | -6.04% | - | - | - | - | - |
| EPS | -0.001600 | - | - | - | - | - | - | - | -0.0114 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/22/19 | 6/19/20 | 11/25/20 | 5/27/21 | 11/26/21 | 5/25/22 | - | 5/23/23 | 11/29/23 | - |
1NZD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 18.5 | 38.7 | - | 18.2 | 62.5 | 28.9 | 28.3 | 20.1 |
| Net Cash position 1 | - | - | 22.1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.183 x | 1.428 x | - | 0.6667 x | 1.383 x | 0.5419 x | 0.4607 x | 0.2822 x |
| Free Cash Flow 1 | - | -12.8 | 5.3 | -53.2 | -43 | -7.05 | 3.5 | 11.7 |
| ROE (net income / shareholders' equity) | -9.1% | 1.95% | 5% | -1.89% | -1.21% | -0.73% | 1.95% | 3.87% |
| ROA (Net income/ Total Assets) | - | 0.8% | 2.62% | -1.23% | -0.78% | -0.45% | 1.58% | 3% |
| Assets 1 | - | 124.5 | 76.36 | 780.7 | 386.4 | 614.8 | 222.2 | 396.2 |
| Book Value Per Share 2 | 0.7500 | 0.7600 | 1.280 | - | - | 1.780 | 1.780 | 1.800 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 20.5 | 28.1 | 17.8 | 28.4 | 27.5 | 28.7 | 28.2 | 27.5 |
| Capex / Sales | 33.42% | 34.6% | 19.43% | 24.72% | 15.72% | 15.95% | 14.48% | 12.95% |
| Announcement Date | 5/27/19 | 6/19/20 | 5/27/21 | 5/25/22 | 5/23/23 | - | - | - |
1NZD in Million2NZD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.89
NZD
Average target price
1.275
NZD
Spread / Average Target
+43.26%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -12.75% | 94.19M | |
| +5.58% | 80.86B | |
| +3.69% | 75.4B | |
| -14.62% | 52.54B | |
| -24.56% | 51.47B | |
| +31.16% | 48.04B | |
| +17.75% | 40.73B | |
| +55.21% | 35.61B | |
| -10.24% | 24.47B | |
| -21.24% | 22.73B |
- Stock Market
- Equities
- ERD Stock
- Financials EROAD Limited
