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Smart Parking Limited (AU:SPZ)
ASX:SPZ

Smart Parking Limited (SPZ) AI Stock Analysis

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AU

Smart Parking Limited

(Sydney:SPZ)

Rating:64Neutral
Price Target:
AU$1.00
▲(19.05%Upside)
Smart Parking Limited's overall stock score of 64 is driven primarily by strong financial performance with effective cash management and revenue growth. However, technical analysis presents some bearish short-term trends, and the stock appears overvalued based on its P/E ratio. The absence of earnings call insights and notable corporate events limits further positive influence.

Smart Parking Limited (SPZ) vs. iShares MSCI Australia ETF (EWA)

Smart Parking Limited Business Overview & Revenue Model

Company DescriptionSmart Parking Limited (SPZ) is a technology-driven company specializing in the development and provision of innovative parking solutions. The company operates within the parking management sector, offering a range of products and services designed to optimize parking efficiency and experience. These include advanced parking sensors, data analytics platforms, and mobile applications that facilitate seamless parking operations for both consumers and businesses.
How the Company Makes MoneySmart Parking Limited generates revenue primarily through the sale of its smart parking products and services. Key revenue streams include the licensing of its parking management software to commercial clients, subscription fees for access to its data analytics platforms, and the sale of parking sensors and related hardware. Additionally, SPZ forms strategic partnerships with municipalities and private parking operators, often involving revenue-sharing agreements that contribute significantly to its earnings. The company's focus on innovation and its ability to integrate with existing parking infrastructure are crucial factors in its financial success.

Smart Parking Limited Financial Statement Overview

Summary
Smart Parking Limited demonstrates a strong financial performance, driven by consistent revenue growth and effective cash management. The company has a solid profitability base and a stable balance sheet, although there are areas to monitor, such as the declining return on equity and net profit margin. These results position the company well for future growth and operational resilience.
Income Statement
80
Positive
Smart Parking Limited has shown strong revenue growth over the years, with a 20.56% increase from 2023 to 2024. The company maintains healthy gross and net profit margins, demonstrating efficient cost management and profitability. The EBIT and EBITDA margins are also solid, indicating robust operational performance. However, the net profit margin has decreased from the previous year, suggesting potential pressures on net income.
Balance Sheet
75
Positive
The company's balance sheet reflects a stable financial position with a decreasing debt-to-equity ratio, enhancing financial leverage safety. The equity ratio is solid, suggesting a strong equity base relative to total assets. However, the return on equity has decreased, indicating challenges in generating profits from shareholders' investments.
Cash Flow
85
Very Positive
Smart Parking Limited exhibits impressive growth in free cash flow, with a significant increase of over 100% from 2023 to 2024, indicating effective cash management. The operating cash flow to net income and free cash flow to net income ratios are favorable, reflecting strong cash generation relative to net income. These metrics highlight efficient cash utilization and liquidity.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
59.88M54.45M45.18M38.15M22.71M21.50M
Gross Profit
35.43M29.13M27.54M22.35M10.07M18.07M
EBIT
22.54M10.18M6.23M4.13M4.98M-7.58M
EBITDA
13.42M13.31M12.31M7.40M11.14M-3.30M
Net Income Common Stockholders
5.30M3.69M6.38M959.77K5.30M-7.27M
Balance SheetCash, Cash Equivalents and Short-Term Investments
8.48M7.23M10.73M10.82M11.29M6.47M
Total Assets
62.02M57.56M55.97M49.24M40.43M34.14M
Total Debt
9.87M10.32M17.65M16.81M14.04M12.35M
Net Debt
1.39M3.09M6.92M5.99M2.75M5.88M
Total Liabilities
29.37M29.61M32.27M31.79M23.16M21.21M
Stockholders Equity
32.65M27.94M23.70M17.45M17.27M12.92M
Cash FlowFree Cash Flow
9.84M8.40M4.00M6.32M5.07M-2.82M
Operating Cash Flow
15.48M12.94M9.29M10.17M7.05M-336.21K
Investing Cash Flow
-12.68M-12.85M-5.70M-6.00M-2.04M-2.48M
Financing Cash Flow
-4.31M-4.20M-4.01M-3.85M-274.24K-1.61M

Smart Parking Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.84
Price Trends
50DMA
0.84
Positive
100DMA
0.86
Positive
200DMA
0.79
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
47.42
Neutral
STOCH
23.80
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 0.84 is below the 20-day moving average (MA) of 0.91, above the 50-day MA of 0.84, and above the 200-day MA of 0.79, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.42 is Neutral, neither overbought nor oversold. The STOCH value of 23.80 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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUDNA
79
Outperform
AU$46.90M1.2926.04%23.66%589.13%
AUREH
72
Outperform
$10.21B27.129.84%1.55%0.23%-11.50%
AUTCL
69
Neutral
$44.42B588.070.68%4.44%-6.59%-66.98%
AUSPZ
64
Neutral
€332.22M57.2818.16%20.69%-21.76%
AUSGP
63
Neutral
$13.08B29.034.54%4.54%18.41%86.24%
62
Neutral
$11.75B10.58-7.10%2.91%7.47%-7.95%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SPZ
Smart Parking Limited
0.84
0.40
90.64%
AU:TCL
Transurban Group
14.29
2.06
16.89%
AU:SGP
Stockland
5.50
1.15
26.55%
AU:REH
Reece Limited
16.15
-9.55
-37.15%
AU:DNA
Donaco International Ltd.
0.04
0.01
33.33%

Smart Parking Limited Corporate Events

Smart Parking Limited Expands US Market Presence with Strategic Acquisition
May 21, 2025

Smart Parking Limited has demonstrated significant growth in revenues and profitability over the past five years, driven by both organic expansion and strategic acquisitions, including the recent acquisition of Peak Parking in the USA. This acquisition enhances their market presence in key states such as Texas, Florida, Georgia, Tennessee, and Washington State, positioning the company for further growth and strengthening its industry position.

The most recent analyst rating on (AU:SPZ) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Smart Parking Limited stock, see the AU:SPZ Stock Forecast page.

Smart Parking Limited Director Increases Shareholding
Mar 17, 2025

Smart Parking Limited announced a change in the director’s interest, with Jeremy King acquiring an additional 26,284 ordinary shares through participation in an entitlement offer, bringing his total to 666,284 shares. This acquisition reflects a strategic move to strengthen the director’s stake in the company, potentially impacting the company’s governance and signaling confidence in its future prospects.

Smart Parking Limited Director Increases Shareholding
Mar 16, 2025

Smart Parking Limited has announced a change in the director’s interest, with Director Fiona Pearse acquiring an additional 32,197 ordinary shares through participation in an entitlement offer, increasing her total holdings to 816,159 shares. This change reflects the company’s ongoing efforts to align its leadership’s interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

Smart Parking Limited Announces Quotation of New Securities on ASX
Mar 13, 2025

Smart Parking Limited has announced the quotation of 5,670,255 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of March 14, 2025. This move is part of previously announced transactions and is expected to impact the company’s market presence and stakeholder interests positively.

Smart Parking Limited Completes Successful Retail Entitlement Offer
Mar 11, 2025

Smart Parking Limited has successfully closed its Retail Entitlement Offer, raising approximately $5 million, contributing to a total of $45 million from its Equity Raising initiative. The funds were partly used to acquire Peak Parking, L.P., enhancing Smart Parking’s market position and expanding its operations in the United States.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.