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EROAD Ltd
NZX:ERD

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EROAD Ltd
NZX:ERD
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Price: 0.89 NZD 3.49% Market Closed
Updated: Apr 29, 2024

Relative Value

The Relative Value of one ERD stock under the Base Case scenario is 2.94 NZD. Compared to the current market price of 0.89 NZD, EROAD Ltd is Undervalued by 70%.

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
2.94 NZD
Undervaluation 70%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
62
Median 3Y
1.9
Median 5Y
7.7
Industry
1.6
Forward
0.9
vs History
vs Industry
Median 3Y
-35.7
Median 5Y
-36.9
Industry
22.1
Forward
-4.3
vs History
87
vs Industry
57
Median 3Y
26.9
Median 5Y
31.5
Industry
13.7
vs History
vs Industry
Median 3Y
-3.8
Median 5Y
-3.8
Industry
19.5
vs History
84
vs Industry
83
Median 3Y
1.1
Median 5Y
5.8
Industry
1.9
vs History
87
vs Industry
56
Median 3Y
2.1
Median 5Y
7.9
Industry
1.7
Forward
1.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.9
vs History
34
vs Industry
1
Median 3Y
173.1
Median 5Y
151.3
Industry
14.5
Forward
3.9
vs History
34
vs Industry
2
Median 3Y
173.1
Median 5Y
151.3
Industry
17.5
Forward
79.1
vs History
90
vs Industry
51
Median 3Y
25.8
Median 5Y
32.3
Industry
13.4
vs History
vs Industry
Median 3Y
-9.5
Median 5Y
-12.8
Industry
16.3
vs History
85
vs Industry
80
Median 3Y
0.9
Median 5Y
4.9
Industry
1.5

Multiples Across Competitors

ERD Competitors Multiples
EROAD Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
EROAD Ltd
NZX:ERD
164.1m NZD 0.9 -34.2 186.5 186.5
JP
Keyence Corp
TSE:6861
16.9T JPY 17.8 46.7 31.7 32.5
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
306.7B CNY 3.6 23.9 19.6 19.6
SE
Hexagon AB
STO:HEXA B
322.7B SEK 5.1 32.2 14.1 19.2
US
Keysight Technologies Inc
NYSE:KEYS
26B USD 4.9 26.8 17.1 20.2
IL
Mobileye Global Inc
NASDAQ:MBLY
23.5B USD 12.7 -141.8 72.5 -117.5
US
Teledyne Technologies Inc
NYSE:TDY
17.7B USD 3.1 20 14.5 19
US
Zebra Technologies Corp
NASDAQ:ZBRA
15.3B USD 3.3 51.6 22.6 29.4
US
Trimble Inc
NASDAQ:TRMB
14.8B USD 3.9 47.6 23 34.7
UK
Halma PLC
LSE:HLMA
8.4B GBP 4.3 35.2 20.5 26.7
US
Coherent Inc
NASDAQ:COHR
8.4B USD 1.8 -20.7 14 60.7

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