Smart Parking Limited (AU:SPZ)
ASX:SPZ
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Smart Parking Limited
(Sydney:SPZ)
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Rating:65Neutral
Price Target:
AU$0.93
▼(-1.06% Downside)
Action:Reiterated
Date:05/28/26
The score is primarily supported by strong financial fundamentals—rapid revenue growth and a low-leverage balance sheet—partly offset by weak technical signals (below major moving averages and negative MACD) and a relatively high P/E ratio.
Positive Factors
Revenue Growth
A 29.15% year-over-year revenue increase indicates durable demand for Smart Parking's hardware, software and services. Sustained top-line expansion supports scaling of recurring software and maintenance revenues, enabling reinvestment in product development and broader deployments over the next several months.
Negative Factors
Low Net Profit Margin
A 7.00% net margin, despite strong gross margins, implies elevated operating expenses or limited operating leverage. Narrow bottom-line profitability reduces internal funds available for expansion, limits resilience to cost inflation, and constrains the pace at which recurring revenue can be profitably scaled.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 29.15% year-over-year revenue increase indicates durable demand for Smart Parking's hardware, software and services. Sustained top-line expansion supports scaling of recurring software and maintenance revenues, enabling reinvestment in product development and broader deployments over the next several months.
Read all positive factors
Smart Parking Limited (SPZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$334.20M
Dividend YieldN/A
Average Volume (3M)745.30K
Price to Earnings (P/E)57.1
Beta (1Y)1.19
Revenue Growth80.45%
EPS Growth-7.95%
CountryAU
Employees200
SectorIndustrials
Sector Strength72
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.01
Shares Outstanding415,152,920
10 Day Avg. Volume878,987
30 Day Avg. Volume745,303
Financial Highlights & Ratios
PEG Ratio1.67
Price to Book (P/B)3.79
Price to Sales (P/S)4.30
P/FCF Ratio31.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.68Price Target Upside78.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.03
Revenue Forecast (FY)AU$122.34M
Smart Parking Limited Business Overview & Revenue Model
Company Description
Founded in 2006 and based in Port Melbourne, Australia, Smart Parking Limited (known as Car Parking Technologies Limited until July 2013) is a specialist in the design, development, and management of advanced parking technology. Its operations spa...
How the Company Makes Money
Smart Parking Limited makes money primarily by selling and supporting parking management technology solutions for car parks and parking operators. Key revenue streams typically include: (1) Product and system sales: revenue from supplying parking ...
Smart Parking Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 107.96M | 77.33M | 54.45M | 45.18M | 38.15M | 22.71M |
| Gross Profit | 69.42M | 51.51M | 29.13M | 27.54M | 22.35M | 10.07M |
| EBITDA | 23.11M | 14.48M | 13.31M | 12.31M | 7.40M | 11.14M |
| Net Income | 5.78M | 5.42M | 3.69M | 6.38M | 959.77K | 5.30M |
Balance Sheet | ||||||
| Total Assets | 132.96M | 132.06M | 57.56M | 55.97M | 49.24M | 40.43M |
| Cash, Cash Equivalents and Short-Term Investments | 25.47M | 21.38M | 7.87M | 10.73M | 10.82M | 11.29M |
| Total Debt | 14.48M | 10.49M | 10.32M | 17.65M | 16.81M | 14.04M |
| Total Liabilities | 42.15M | 44.29M | 29.61M | 32.27M | 31.79M | 23.16M |
| Stockholders Equity | 90.81M | 87.77M | 27.94M | 23.70M | 17.45M | 17.27M |
Cash Flow | ||||||
| Free Cash Flow | 15.08M | 10.51M | 9.30M | 4.00M | 6.32M | 5.07M |
| Operating Cash Flow | 23.24M | 17.92M | 13.55M | 9.29M | 10.17M | 7.05M |
| Investing Cash Flow | -44.88M | -43.85M | -12.85M | -5.70M | -6.00M | -2.04M |
| Financing Cash Flow | 38.83M | 39.03M | -4.20M | -4.01M | -3.85M | -274.24K |
Smart Parking Limited Technical Analysis
Negative
0.94
Price Trends
0.86
Negative
1.03
Negative
1.10
Negative
Market Momentum
-0.02
Negative
41.78
Neutral
59.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPZ, the sentiment is Negative. The current price of 0.94 is above the 20-day moving average (MA) of 0.82, above the 50-day MA of 0.86, and below the 200-day MA of 1.10, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 41.78 is Neutral, neither overbought nor oversold. The STOCH value of 59.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SPZ.
Smart Parking Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$16.73M | 7.19 | 23.52% | ― | 12.31% | 23.68% | |
65 Neutral | AU$334.20M | 57.05 | 6.48% | ― | 80.45% | -7.95% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
48 Neutral | AU$25.17M | -5.47 | -27.05% | ― | 4.41% | 19.30% | |
48 Neutral | AU$5.24M | -13.72 | -34.60% | ― | 14.64% | -8.70% | |
42 Neutral | AU$24.15M | -5.22 | 190.04% | ― | -42.72% | ― | |
40 Underperform | AU$52.87M | -23.17 | -16.92% | ― | 11.52% | 41.43% |
* Industrials Sector Average
AU:SPZ
Smart Parking Limited
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Smart Parking Limited Corporate Events
Smart Parking Accelerates Global Expansion as U.K. and European Growth Rebounds
May 13, 2026
Smart Parking Limited reported renewed growth in its U.K. Parking Breach Notice business, with volumes up 10% between January and April and total sites rising to 1,979 by the end of April 2026, supported by improved aged debt recovery. Profitabili...
Smart Parking Issues Shares to Finalise Peak Parking Earn-Out
Apr 2, 2026
Smart Parking Limited has issued 5,478,859 fully paid ordinary shares to Peak Parking GP L.L.C. as part of the earn-out consideration tied to its earlier acquisition of Peak Parking LP. The company confirmed the shares were issued without a prospe...
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.