EROAD Ltd
NZX:ERD

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EROAD Ltd
NZX:ERD
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Price: 1.1 NZD 1.85% Market Closed
Market Cap: 205.5m NZD
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Relative Value

The Relative Value of one ERD stock under the Base Case scenario is 3.15 NZD. Compared to the current market price of 1.1 NZD, EROAD Ltd is Undervalued by 65%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ERD Relative Value
Base Case
3.15 NZD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
76
vs Industry
53
Median 3Y
1.1
Median 5Y
1.9
Industry
1.8
Forward
1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-42.9
Median 5Y
-29.3
Industry
23.5
Forward
36.2
More Details
3.8
P/OCF
P/OCF
Price to OCF
3.8
vs History
90
vs Industry
60
Median 3Y
7
Median 5Y
11.7
Industry
14.7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-4.6
Median 5Y
-4.4
Industry
20.1
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
76
vs Industry
76
Median 3Y
0.6
Median 5Y
1.2
Industry
2
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
77
vs Industry
50
Median 3Y
1.3
Median 5Y
2.4
Industry
1.8
Forward
1.2
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.4
More Details
284.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
284.5
vs History
9
vs Industry
1
Median 3Y
149.7
Median 5Y
95.9
Industry
15.1
Forward
3.7
More Details
284.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
284.5
vs History
9
vs Industry
1
Median 3Y
149.7
Median 5Y
95.9
Industry
18.6
Forward
30.5
More Details
4.3
EV/OCF
EV/OCF
Enterprise Value to OCF
4.3
vs History
95
vs Industry
56
Median 3Y
9.8
Median 5Y
12.1
Industry
14.6
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-11.1
Median 5Y
-11.1
Industry
18
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
77
vs Industry
74
Median 3Y
0.6
Median 5Y
1
Industry
1.6
More Details

Multiples Across Competitors

ERD Competitors Multiples
EROAD Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
EROAD Ltd
NZX:ERD
202.9m NZD 1.1 -676.3 284.5 284.5
JP
Keyence Corp
TSE:6861
15.7T JPY 15.4 41.2 26.9 27.7
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
289.8B CNY 3.1 21.7 17.4 17.4
US
Keysight Technologies Inc
NYSE:KEYS
28B USD 5.6 45.7 25.7 34.1
SE
Hexagon AB
STO:HEXA B
284.4B SEK 4.6 24.4 14.8 19.1
US
Teledyne Technologies Inc
NYSE:TDY
22B USD 4 23.6 18.3 23.8
US
Zebra Technologies Corp
NASDAQ:ZBRA
20B USD 4.4 53.2 27.1 34.5
US
Trimble Inc
NASDAQ:TRMB
17.4B USD 4.9 12 29.8 43.2
IL
Mobileye Global Inc
NASDAQ:MBLY
15.9B USD 8.8 -5.3 107.5 -39.1
UK
Halma PLC
LSE:HLMA
10.2B GBP 5.1 38.2 22.7 29.1
JP
Shimadzu Corp
TSE:7701
1.3T JPY 2.5 25.5 13.1 16.6
P/E Multiple
Earnings Growth PEG
NZ
EROAD Ltd
NZX:ERD
Average P/E: 31.7
Negative Multiple: -676.3 		N/A N/A
JP
Keyence Corp
TSE:6861
41.2
12%
3.4
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
21.7
11%
2
US
Keysight Technologies Inc
NYSE:KEYS
45.7
38%
1.2
SE
Hexagon AB
STO:HEXA B
24.4
17%
1.4
US
Teledyne Technologies Inc
NYSE:TDY
23.6
8%
3
US
Zebra Technologies Corp
NASDAQ:ZBRA
53.2
47%
1.1
US
Trimble Inc
NASDAQ:TRMB
12
38%
0.3
IL
M
Mobileye Global Inc
NASDAQ:MBLY
Negative Multiple: -5.3 N/A N/A
UK
Halma PLC
LSE:HLMA
38.2
14%
2.7
JP
Shimadzu Corp
TSE:7701
25.5
6%
4.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
EROAD Ltd
NZX:ERD
Average EV/EBIT: 53
284.5
204%
1.4
JP
Keyence Corp
TSE:6861
27.7
N/A N/A
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
17.4
13%
1.3
US
Keysight Technologies Inc
NYSE:KEYS
34.1
28%
1.2
SE
Hexagon AB
STO:HEXA B
19.1
5%
3.8
US
Teledyne Technologies Inc
NYSE:TDY
23.8
9%
2.6
US
Zebra Technologies Corp
NASDAQ:ZBRA
34.5
26%
1.3
US
Trimble Inc
NASDAQ:TRMB
43.2
29%
1.5
IL
M
Mobileye Global Inc
NASDAQ:MBLY
Negative Multiple: -39.1 N/A N/A
UK
Halma PLC
LSE:HLMA
29.1
13%
2.2
JP
Shimadzu Corp
TSE:7701
16.6
N/A N/A

See Also

Summary
ERD intrinsic value, competitors valuation, and company profile.
DCF Valuation
ERD stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ERD stock valuation using valuation multiples.
Wall Street Estimates
ERD price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ERD stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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