Eroad Ltd
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 connect 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 device… Read more
Eroad Ltd (ERD) - Net Assets
Latest net assets as of September 2025: AU$185.29 Million AUD
Based on the latest financial reports, Eroad Ltd (ERD) has net assets worth AU$185.29 Million AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$314.14 Million) and total liabilities (AU$128.85 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$185.29 Million |
| % of Total Assets | 58.98% |
| Annual Growth Rate | 56.04% |
| 5-Year Change | 217.11% |
| 10-Year Change | 554.0% |
| Growth Volatility | 238.41 |
Eroad Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Eroad Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eroad Ltd (2013–2025)
The table below shows the annual net assets of Eroad Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | AU$331.70 Million | +9.47% |
| 2024-03-31 | AU$303.00 Million | +21.78% |
| 2023-03-31 | AU$248.80 Million | +0.44% |
| 2022-03-31 | AU$247.70 Million | +136.81% |
| 2021-03-31 | AU$104.60 Million | +103.90% |
| 2020-03-31 | AU$51.30 Million | +0.02% |
| 2019-03-31 | AU$51.29 Million | -23.63% |
| 2018-03-31 | AU$67.16 Million | +47.43% |
| 2017-03-31 | AU$45.56 Million | -10.18% |
| 2016-03-31 | AU$50.72 Million | -2.02% |
| 2015-03-31 | AU$51.76 Million | +235.69% |
| 2014-03-31 | AU$15.42 Million | +868.38% |
| 2013-03-31 | AU$1.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eroad Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2533520300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$356.10 Million | 107.36% |
| Other Comprehensive Income | AU$9.80 Million | 2.95% |
| Total Equity | AU$331.70 Million | 100.00% |
Eroad Ltd Competitors by Market Cap
The table below lists competitors of Eroad Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Investec Ltd
JSE:INL
|
$62.98 Million |
|
YHN Acquisition I Limited Ordinary Shares
NASDAQ:YHNA
|
$62.98 Million |
|
SPC Samlip Co Ltd
KO:005610
|
$62.99 Million |
|
DY Power Corp
KO:210540
|
$63.00 Million |
|
Next Bt Co. Ltd
KQ:065170
|
$62.97 Million |
|
KinderCare Learning Companies, Inc.
NYSE:KLC
|
$62.97 Million |
|
Arizon RFID Tech (Cayman) Co
TW:6863
|
$62.97 Million |
|
flooidCX Corp
PINK:FLCX
|
$62.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eroad Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 303,000,000 to 331,700,000, a change of 28,700,000 (9.5%).
- Net income of 1,400,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 27,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.40 Million | +0.42% |
| Other Comprehensive Income | AU$27.60 Million | +8.32% |
| Other Changes | AU$-300.00K | -0.09% |
| Total Change | AU$- | 9.47% |
Book Value vs Market Value Analysis
This analysis compares Eroad Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.41x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 18.80x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | AU$0.04 | AU$0.73 | x |
| 2014-03-31 | AU$0.26 | AU$0.73 | x |
| 2015-03-31 | AU$0.73 | AU$0.73 | x |
| 2016-03-31 | AU$0.71 | AU$0.73 | x |
| 2017-03-31 | AU$0.64 | AU$0.73 | x |
| 2018-03-31 | AU$0.91 | AU$0.73 | x |
| 2019-03-31 | AU$0.64 | AU$0.73 | x |
| 2020-03-31 | AU$0.63 | AU$0.73 | x |
| 2021-03-31 | AU$1.15 | AU$0.73 | x |
| 2022-03-31 | AU$2.15 | AU$0.73 | x |
| 2023-03-31 | AU$1.88 | AU$0.73 | x |
| 2024-03-31 | AU$2.02 | AU$0.73 | x |
| 2025-03-31 | AU$1.78 | AU$0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eroad Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.76%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.39x
- Recent ROE (0.42%) is above the historical average (-1.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -18.71% | -4.80% | 0.42x | 9.30x | AU$-457.20K |
| 2014 | 25.47% | 29.52% | 0.32x | 2.74x | AU$1.79 Million |
| 2015 | -2.36% | -6.96% | 0.25x | 1.38x | AU$-6.40 Million |
| 2016 | -2.17% | -4.20% | 0.39x | 1.32x | AU$-6.17 Million |
| 2017 | -11.58% | -16.10% | 0.45x | 1.60x | AU$-9.83 Million |
| 2018 | 0.31% | 10.11% | 0.02x | 1.68x | AU$-6.51 Million |
| 2019 | -9.58% | -8.56% | 0.47x | 2.40x | AU$-10.04 Million |
| 2020 | 1.74% | 0.79% | 0.90x | 2.45x | AU$-4.24 Million |
| 2021 | 1.96% | 2.35% | 0.49x | 1.68x | AU$-8.21 Million |
| 2022 | -3.88% | -9.01% | 0.29x | 1.48x | AU$-34.37 Million |
| 2023 | -1.21% | -1.92% | 0.39x | 1.62x | AU$-27.88 Million |
| 2024 | -0.10% | -0.17% | 0.40x | 1.43x | AU$-30.60 Million |
| 2025 | 0.42% | 0.76% | 0.40x | 1.39x | AU$-31.77 Million |
Industry Comparison
This section compares Eroad Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $168,656,596
- Average return on equity (ROE) among peers: -52.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eroad Ltd (ERD) | AU$185.29 Million | -18.71% | 0.70x | $62.97 Million |
| Acusensus Ltd (ACE) | $2.70 Million | -46.46% | 0.26x | $96.85 Million |
| Adslot Ltd (ADS) | $2.04 Million | 9.60% | 1.17x | $1.56 Million |
| Archtis Ltd (AR9) | $6.81 Million | -54.69% | 0.31x | $14.43 Million |
| Adveritas Ltd (AV1) | $7.58 Million | -125.18% | 0.27x | $27.64 Million |
| Beforepay Group Ltd (B4P) | $32.63 Million | -89.31% | 0.77x | $30.18 Million |
| Beonic Ltd (BEO) | $7.06 Million | -149.30% | 2.27x | $2.48 Million |
| Cuscal Ltd (CCL) | $1.60 Billion | 28.06% | 2.48x | $419.52 Million |
| Aucyber Ltd (CYB) | $24.90 Million | -85.46% | 0.36x | $65.69K |
| Decidr Ai Industries Ltd (DAI) | $-213.59K | 0.00% | 0.00x | $20.72 Million |
| Dropsuite Ltd (DSE) | $2.95 Million | -9.33% | 0.03x | $185.00 Million |