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EROADASX:ERD +1.17%42 10-Year ROIIC % is -13.65 as of Mar. 2026. GuruFocus rates ASX:ERD with a GF Score™ of 42/100 and a GF Value™ of A$0.77 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,120 Software companies, EROAD ranks worse than 75.99% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
EROAD's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was -13.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for EROAD's 10-Year ROIIC % or its related term are showing as below:
ASX:ERD's 10-Year ROIIC % is ranked worse than 75.99% of 2120
companies
in the Software industry
Industry Median: 4.195
vs ASX:ERD: -13.65
EROAD (ASX:ERD) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
EROAD 10-Year ROIIC % Related Terms
EROAD 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for EROAD's 10-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:ERD vs MSFT, ORCL, PLTR: 10-Year ROIIC % Comparison
For the Software - Infrastructure subindustry, EROAD's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EROAD 10-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, EROAD's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where EROAD's 10-Year ROIIC % falls into.
EROAD's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -24.417 (Mar. 2026) - -1.358694 (Mar. 2016) )
/
( 235.25 (Mar. 2026) - 70.708 (Mar. 2016) )
=
-23.058306
/
164.542
=
-14.01%***
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
EROAD (ASX:ERD) has a 10-Year ROIIC % of -13.65 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on EROAD and its competitors. According to the industry distribution chart, EROAD ranks #1611 out of 2120 companies in the Software industry, placing it in the top 76%.
Is EROAD's 10-Year ROIIC % too high?
EROAD's current 10-Year ROIIC % is -13.65. Based on the distribution chart, EROAD ranks #1611 out of 2120 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, EROAD has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EROAD's 10-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, EROAD ranks #1611 out of 2120 companies for 10-Year ROIIC %. This places EROAD in the lower half of its industry. The industry median 10-Year ROIIC % is 4.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.20, based on 2,120 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on EROAD and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EROAD's current 10-Year ROIIC % is -13.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EROAD stock overvalued right now?
Based on GuruFocus' analysis, EROAD (ASX:ERD) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.77, compared to a current price of A$0.87 — trading 12.3% above its estimated fair value. The current 10-Year ROIIC % is -13.65. EROAD's overall GF Score™ is 42/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For EROAD (ASX:ERD), the current 10-Year ROIIC % is -13.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is EROAD (ASX:ERD) Overvalued in 2026?
Based on GuruFocus' analysis, EROAD stock appears to be overvalued.
The current stock price of A$0.87 is trading 12.3% above its estimated GF Value™ of A$0.77.
GuruFocus considers EROAD to be Modestly Overvalued.
Key valuation signals for ASX:ERD:
10-Year ROIIC %: -13.65
GF Value™: A$0.77 vs. price of A$0.87 (12.3% above fair value)
No single metric tells the full story. See the ASX:ERD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EROAD Ltd is a New Zealand Based company which is a fully integrated technology, tolling and services provider. It designs and manufactures in-vehicle hardware operates secure payment and merchant gateways and offers web-based value-added services. The company provides electronic on-board units and software as a service to the transport industry. Its products are categorized in RUC Compliance, Health & Safety, and Fleet Management. It operates through four segments: Corporate & Development, North America, Australia, and New Zealand.
42GF Score
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