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Smart Parking Limited (AU:SPZ)
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Smart Parking Limited (SPZ) AI Stock Analysis

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AU:SPZ

Smart Parking Limited

(Sydney:SPZ)

Rating:68Neutral
Price Target:
AU$1.00
▲(20.48%Upside)
Smart Parking Limited's strong financial performance, highlighted by revenue growth and effective cash management, is the most significant factor driving the stock score. However, this is offset by weak technical indicators and an overvalued P/E ratio, which suggest caution. The absence of earnings call and corporate events data limits further insights.

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

Smart Parking Limited Business Overview & Revenue Model

Company DescriptionSmart Parking Limited designs, develops, and manages parking technology in New Zealand, Australia, Germany, and the United Kingdom. The company operates through Parking Management, Technology, and Research and Development segments. It sells smart city and Internet of Things (IoT) technology, hardware, and software for parking solutions. It also offers SmartCloud platform, a Web-based service platform that gathers and processes information; Service Packs; Compliance Management Systems; Smart Parking Mobile App, designed for motorists to avail parking spaces, advise of car park conditions and tariffs, and contactless payment; digital guidance signage that provides real-time space availability and car parking capacity information, as well as directions to traffic flow; Vehicle Detection Sensors, which monitor bays and relay live status information to SmartCloud, and provides overhead guidance indicators; and SmartSpot Gateway, an IoT gateway that allows various devices to connect and provide areas of connectivity. The company also provides automatic number plate recognition camera systems; Pay & Walk machines to pay for parking or validate vehicle's presence in the car park; and mobile patrols. It offers parking management solutions to councils and municipalities, parking operators, shopping centers and retail, supermarkets, airports, hospitals and medical centers, and universities and education. The company was formerly known as Car Parking Technologies Limited and changed its name to Smart Parking Limited in July 2013. Smart Parking Limited was incorporated in 2006 and is based in Port Melbourne, Australia.
How the Company Makes MoneySmart Parking Limited generates revenue primarily through the sale and implementation of its parking management systems and solutions. The company offers hardware such as sensors and cameras, software platforms for real-time data analytics and parking management, and maintenance services. Key revenue streams include direct sales of technology solutions to parking operators, subscription fees for software services, and transaction fees from automated payment systems. Additionally, Smart Parking Limited partners with municipalities and private enterprises to integrate its technology into existing infrastructure, which can lead to long-term contracts and recurring revenue. Strategic partnerships and collaborations with real estate developers and urban planners also contribute to its earnings by expanding its market reach and customer base.

Smart Parking Limited Financial Statement Overview

Summary
Smart Parking Limited demonstrates strong financial performance with consistent revenue growth, effective cash management, and a stable balance sheet. The company presents solid profitability, although there are areas to monitor, such as the declining return on equity and net profit margin.
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.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue59.88M54.45M45.18M38.15M22.71M21.50M
Gross Profit35.43M29.13M27.54M22.35M10.07M18.07M
EBITDA13.42M13.31M12.31M7.40M11.14M-3.30M
Net Income5.30M3.69M6.38M959.77K5.30M-7.27M
Balance Sheet
Total Assets62.02M57.56M55.97M49.24M40.43M34.14M
Cash, Cash Equivalents and Short-Term Investments8.48M7.23M10.73M10.82M11.29M6.47M
Total Debt9.87M10.32M17.65M16.81M14.04M12.35M
Total Liabilities29.37M29.61M32.27M31.79M23.16M21.21M
Stockholders Equity32.65M27.94M23.70M17.45M17.27M12.92M
Cash Flow
Free Cash Flow9.84M8.40M4.00M6.32M5.07M-2.82M
Operating Cash Flow15.48M12.94M9.29M10.17M7.05M-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
Neutral
Last Price0.83
Price Trends
50DMA
0.85
Negative
100DMA
0.83
Negative
200DMA
0.83
Negative
Market Momentum
MACD
-0.01
Positive
RSI
49.65
Neutral
STOCH
36.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPZ, the sentiment is Neutral. The current price of 0.83 is below the 20-day moving average (MA) of 0.84, below the 50-day MA of 0.85, and below the 200-day MA of 0.83, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 49.65 is Neutral, neither overbought nor oversold. The STOCH value of 36.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SPZ.

Smart Parking Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
€340.43M54.9718.16%20.69%-21.76%
63
Neutral
$34.72B5.19-11.20%1.67%5.59%-16.73%
€13.49M-49.41%
56
Neutral
AU$32.61M-13.67%-18.79%-28.57%
49
Neutral
AU$160.49M-212.47%-54.10%82.31%
48
Neutral
AU$21.85M-24.21%-11.35%-49.13%
40
Underperform
AU$12.73M
0.82%-58.82%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SPZ
Smart Parking Limited
0.83
0.25
42.61%
DE:D6Y
SenSen Networks
0.02
0.00
0.00%
AU:YOJ
Yojee Ltd.
0.46
0.42
1050.00%
AU:VIG
Victor Group Holdings Ltd
0.05
0.02
66.67%
AU:AMX
Aerometrex Ltd.
0.23
-0.16
-41.03%
AU:HTG
Harvest Technology Group Ltd.
0.01
-0.01
-50.00%

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Jul 22, 2025