Fairvalue-Calculator Fairvalue-Calculator
EN DE

EROAD Limited (ERD) Fair Value & Analysis

Technology · AU · Market cap A$165M

EL EROAD Limited ERD · AU
PriceA$0.8300
Fair ValueA$1.56
Upside+88.0%
Quality97/100
Evidence: Medium Range A$1.01 – A$1.90

Fair value as of: Jun 24, 2026

From 13 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from A$0.6000 to A$1.56 (+160.0%) since Jun 23, 2026. Share price +4.5% over the past month.

Price vs Fair Value (12 months)

A$2.59 A$0.6630 Fair Value A$1.56 Jun 2025 Jun 2026

12‑month range A$0.6630 – A$2.59 · fair‑value band A$1.01 – A$1.90 · the A$0.8300 price screens below the A$1.56 fair value. As of Jun 24, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

EROAD Limited (ERD) currently trades at A$0.8300, while our model-based Fair Value estimate is A$1.56 — implying the stock looks roughly 88.0% undervalued today. We read business quality at 97/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, EROAD Limited generated revenue of A$195M at a net margin of -82.5%. Revenue declined 2.4% year over year. It earns a return on equity of -63.9%. The balance sheet holds a net cash position of A$7.6M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$195M
Revenue growth (YoY) -2.4%
Net margin -82.5%
Return on equity -63.9%
Free cash flow A$5.1M FY2026
Operating margin 1.2%
More key figures
EPS (TTM) A$-0.7100
EPS growth (YoY) +371%
Net cash A$7.6M FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

EROAD Limited provides electronic on-board units and software as a service to the transport industry in New Zealand, the United States, and Australia. The company offers EROAD platform, which connects drivers, vehicles, assets, and operations to give businesses the real-time visibility they need to stay compliant and safe on the move. It also provides electronic distance recorders, tracking devices, and mobile app that provide various enhanced electronic road user charges, safety features, and fleet tracking. In addition, the company is involved in the provision of sale or rental of hardware, installation, and training and support services. EROAD Limited was incorporated in 2000 and is headquartered in Auckland, New Zealand.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

EROAD Limited reported revenue of A$193M in FY2026 versus A$107M in FY2022, a compound +16.1%/yr. Reported net income was −A$162M in FY2026.

Revenue +16.1%/yr
FY22 A$107M
FY23 A$156M
FY24 A$175M
FY25 A$185M
FY26 A$193M
Net income
FY22 −A$9.6M
FY23 −A$3.0M
FY24 −A$300K
FY25 A$1.4M
FY26 −A$162M

Open the full interactive analysis →

Similar stocks

6 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSF €379.75 €183.26 -52%
Oracle Corporation ORCL $213.68 $43.87 -79%
Palantir Technologies Inc PTX €134.20 €19.01 -86%
Palo Alto Networks, Inc 5AP €252.70 €34.18 -86%
CrowdStrike Holdings CRWD C$53.33 C$6.32 -88%
Fortinet, Inc FTNT $145.39 $70.91 -51%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is EROAD Limited (ERD) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$1.56 versus a price of A$0.8300 — about +88% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ERD?
Our 21-model fair value for EROAD Limited is A$1.56 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.8300.
What is the quality score of ERD?
EROAD Limited has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of EROAD Limited (ERD)?
EROAD Limited reported trailing-twelve-month revenue of about A$195M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ERD?
The net profit margin of EROAD Limited is about -82.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.