Smart Parking Limited (SPZ) AI Stock Analysis

• Market Cap: AU$549.60M
• Dividend Yield: N/A
• Average Volume (3M): 745.30K
• Price to Earnings (P/E): 89.2
• Beta (1Y): 0.92
• Revenue Growth: 41.69%
• EPS Growth: 40.95%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Software - Application
• EPS (TTM): <0.01
• Shares Outstanding: 410,152,920
• 10 Day Avg. Volume: 878,987
• 30 Day Avg. Volume: 745,303
• PEG Ratio: 1.67
• Price to Book (P/B): 3.79
• Price to Sales (P/S): 4.30
• P/FCF Ratio: 31.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.50
• Price Target Upside: 11.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: AU$1.50 ▲(11.94% Upside)

The overall stock score of 71.5 reflects strong technical momentum and solid financial performance, despite high valuation concerns. The stock's upward trend and robust financial health are significant positives, but the high P/E ratio suggests caution. Investors should monitor profitability improvements and valuation adjustments.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates robust demand for its services and suggests a solid market position, supporting long-term business expansion.

Balance Sheet Health

Low leverage risk and prudent financial management enhance financial stability, providing flexibility for future investments and growth opportunities.

Cash Generation

Effective cash generation supports operational and strategic initiatives, ensuring the company can fund growth and maintain financial health.

Negative Factors

Profitability Metrics

Low net profit margins suggest limited profitability, which may hinder the company's ability to reinvest in growth and improve shareholder returns.

Cash Flow Alignment

Misalignment between cash flows and earnings could indicate potential issues in cash management, affecting financial flexibility and operational efficiency.

Return on Equity

A modest return on equity suggests that the company may not be utilizing shareholder equity as effectively as possible, impacting overall profitability.

Smart Parking Limited Business Overview & Revenue Model

Company Description

Smart Parking Limited (SPZ) is a technology-driven company specializing in innovative parking solutions for urban environments. Operating within the smart city sector, SPZ offers a range of products and services including intelligent parking management systems, mobile applications for real-time parking availability, and data analytics tools that enhance parking efficiency. The company's mission is to alleviate urban congestion and improve the overall parking experience for both consumers and municipalities.

How the Company Makes Money

Smart Parking Limited generates revenue through multiple streams. Primarily, the company earns money by selling and installing its smart parking technologies, which include sensors, software platforms, and mobile applications. Additionally, SPZ offers subscription services for municipalities and businesses to access its software and analytics tools, providing ongoing revenue. The company may also engage in partnerships with local governments and private entities to implement smart parking solutions, often receiving funding or revenue-sharing agreements in return. Moreover, SPZ can benefit from data monetization, leveraging the analytics gathered from its systems to provide insights to third parties or develop targeted advertising solutions.

Smart Parking Limited Financial Statement Overview

Summary

Smart Parking Limited exhibits strong revenue growth and a solid balance sheet with low leverage. While profitability metrics show room for improvement, the company is generating positive cash flows, supporting its operational and strategic initiatives.

Income Statement

Smart Parking Limited has shown strong revenue growth with a 29.15% increase in the latest year, indicating robust demand for its services. The gross profit margin is healthy at 66.61%, reflecting efficient cost management. However, the net profit margin is relatively low at 7.00%, suggesting room for improvement in profitability. The EBIT margin of 10.16% and EBITDA margin of 18.72% are solid, but there is potential to enhance operational efficiency further.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.12, indicating prudent financial management and low leverage risk. The return on equity is modest at 6.17%, suggesting moderate profitability relative to shareholder equity. The equity ratio of 66.47% highlights a strong capital structure with a significant portion of assets financed by equity.

Cash Flow

Smart Parking Limited has demonstrated positive free cash flow growth of 6.81%, indicating effective cash generation. The operating cash flow to net income ratio of 0.52 suggests that cash flows are not fully aligned with reported earnings, which could be a concern. The free cash flow to net income ratio of 0.59 indicates that a significant portion of earnings is converted into free cash flow, supporting financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	77.33M	77.33M	54.45M	45.18M	38.15M	22.71M
Gross Profit	51.51M	51.51M	29.13M	27.54M	22.35M	10.07M
EBITDA	14.48M	14.48M	13.31M	12.31M	7.40M	11.14M
Net Income	5.42M	5.42M	3.69M	6.38M	959.77K	5.30M
Balance Sheet
Total Assets	132.06M	132.06M	57.56M	55.97M	49.24M	40.43M
Cash, Cash Equivalents and Short-Term Investments	21.38M	21.38M	7.87M	10.73M	10.82M	11.29M
Total Debt	10.49M	10.49M	10.32M	17.65M	16.81M	14.04M
Total Liabilities	44.29M	44.29M	29.61M	32.27M	31.79M	23.16M
Stockholders Equity	87.77M	87.77M	27.94M	23.70M	17.45M	17.27M
Cash Flow
Free Cash Flow	10.51M	10.51M	9.30M	4.00M	6.32M	5.07M
Operating Cash Flow	17.92M	17.92M	13.55M	9.29M	10.17M	7.05M
Investing Cash Flow	-43.85M	-43.85M	-12.85M	-5.70M	-6.00M	-2.04M
Financing Cash Flow	40.08M	39.03M	-4.20M	-4.01M	-3.85M	-274.24K

Smart Parking Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPZ, the sentiment is Positive. The current price of 1.34 is above the 20-day moving average (MA) of 1.33, above the 50-day MA of 1.24, and above the 200-day MA of 0.95, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 55.51 is Neutral, neither overbought nor oversold. The STOCH value of 35.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SPZ.

Smart Parking Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SPZ	72 Outperform	AU$549.60M	89.19	9.82%	―	41.69%	40.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SNS	57 Neutral	AU$70.54M	133.33	4.98%	―	26.47%	―
VIG	56 Neutral	AU$30.75M	-102.50	-3.14%	―	2.98%	93.55%
AMX	48 Neutral	AU$23.75M	-3.61	-31.01%	―	-3.43%	-40.65%
YOJ	48 Neutral	AU$148.03M	-19.08	-140.76%	―	-41.24%	75.68%
HTG	44 Neutral	AU$17.43M	-1.95	―	―	-5.80%	54.70%

Smart Parking Limited Corporate Events

Smart Parking Limited Director’s Share Disposal

Smart Parking Limited announced a change in the director’s interest, with Paul Gillespie disposing of 300,000 ordinary shares through an on-market trade to meet personal tax obligations. This transaction reflects a strategic financial decision by the director, potentially impacting shareholder perceptions and the company’s stock market performance.

Smart Parking Limited Announces Director’s Share Acquisition

Smart Parking Limited has announced a change in the interests of its director, Paul Gillespie, with the acquisition of 1,175,355 shares under the company’s Employee Share Scheme. This change reflects the company’s ongoing commitment to aligning its leadership’s interests with its long-term strategic goals, potentially impacting its market positioning and stakeholder confidence.

Smart Parking Limited Reports Successful AGM Outcomes

Smart Parking Limited announced the results of its Annual General Meeting held on 14 November 2025, where all resolutions were carried with significant majority votes. The resolutions included the adoption of the remuneration report, approval of an employee incentive plan, allocation of equity to the managing director, and the re-election of a director, reflecting strong shareholder support and strategic alignment for the company’s future initiatives.

Smart Parking Limited Reports Strong Growth and Market Positioning

Smart Parking Limited has demonstrated significant growth in both revenue and profitability over the past five years, with a notable 821% increase in share price as of November 2025. The company’s strategic focus on large addressable markets and its robust technological and management capabilities position it well for continued success and sustainable growth, benefiting stakeholders and enhancing its industry standing.

Smart Parking Limited Reports Strong Growth and Strategic Positioning

Smart Parking Limited has demonstrated strong growth in revenues and margin expansion over the past five years, with a significant share price increase of 816% as of October 27, 2025. The company’s multi-year growth strategy and track record of rising profitability position it well for continued success in the parking management industry.

Smart Parking Limited Updates AGM Zoom Link for Seamless Access

Smart Parking Limited has announced an update to the Zoom link for its upcoming Annual General Meeting, scheduled for November 14, 2025. This update affects only the online ASX version, ensuring shareholders can access the meeting seamlessly. The meeting will be conducted online, with voting facilitated through a dedicated platform, reflecting the company’s commitment to accessible and efficient shareholder engagement.

Smart Parking Limited Releases 2025 Corporate Governance Statement

Smart Parking Limited has released its corporate governance statement for the financial year ending June 30, 2025, which has been approved by the board. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, detailing the roles and responsibilities of the board and management, as well as the processes for appointing directors and executives. This announcement underscores the company’s commitment to transparency and accountability, potentially strengthening its position in the market and reassuring stakeholders of its governance practices.

Smart Parking Achieves Record Growth in FY25

Smart Parking Limited has reported record results for the fiscal year 2025, driven by organic growth and a significant acquisition in the USA. The company is well-positioned to capitalize on substantial global market opportunities, which could enhance its industry positioning and benefit stakeholders.