Smart Parking Limited (SPZ) AI Stock Analysis

• Market Cap: €508.59M
• Dividend Yield: N/A
• Average Volume (3M): 745.30K
• Price to Earnings (P/E): 83.8
• Beta (1Y): 0.82
• 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: €1.50
• Price Target Upside: 15.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: AU$1.50 ▲(15.38% Upside)

Smart Parking Limited's strong financial performance, characterized by robust revenue growth and a solid balance sheet, is the primary driver of its stock score. However, technical indicators suggest overbought conditions, and the high P/E ratio raises concerns about overvaluation. The absence of dividend yield further impacts the valuation score.

Smart Parking Limited Business Overview & Revenue Model

Company Description

Smart 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 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: 1.30
• 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 1.3 is above the 20-day moving average (MA) of 1.26, above the 50-day MA of 1.12, and above the 200-day MA of 0.92, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 61.40 is Neutral, neither overbought nor oversold. The STOCH value of 41.45 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	67 Neutral	€508.59M	83.78	9.82%	―	41.69%	40.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SNS	60 Neutral	€82.98M	166.67	4.98%	―	26.47%	―
VIG	56 Neutral	AU$30.75M	-102.50	-3.14%	―	2.98%	93.55%
AMX	48 Neutral	AU$26.60M	-4.05	-31.01%	―	-3.43%	-40.65%
YOJ	48 Neutral	AU$154.85M	―	-140.76%	―	-41.24%	75.68%
HTG	39 Underperform	AU$20.17M	-2.56	―	―	-5.80%	54.70%

Smart Parking Limited Corporate Events

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.

The most recent analyst rating on (AU:SPZ) stock is a Hold with a A$1.00 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 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.

The most recent analyst rating on (AU:SPZ) stock is a Hold with a A$1.00 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 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.

The most recent analyst rating on (AU:SPZ) stock is a Buy with a A$1.59 price target. To see the full list of analyst forecasts on Smart Parking Limited stock, see the AU:SPZ Stock Forecast page.

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.

The most recent analyst rating on (AU:SPZ) stock is a Buy with a A$1.59 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

Smart Parking Limited has announced a change in the director’s interest, with Christopher Morris acquiring an additional 207,000 ordinary shares through an on-market trade, bringing his total to 106,681,570 shares. This acquisition reflects a strategic move that could potentially strengthen the company’s leadership stake, indicating confidence in the company’s future prospects and potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (AU:SPZ) stock is a Buy with a A$1.59 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 Reports Robust FY25 Financial Results

Smart Parking Limited reported strong financial results for FY25, with significant increases across key financial metrics. The company achieved a revenue of $77.2 million, a 47% increase from the previous year, and an adjusted EBITDA of $20.5 million, reflecting a 42% rise. These results underscore the company’s solid market positioning and operational efficiency, likely benefiting stakeholders through improved financial performance and potential growth opportunities.

The most recent analyst rating on (AU:SPZ) stock is a Hold with a A$1.00 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 Releases Preliminary Final Report for 2025

Smart Parking Limited has released its preliminary final report for the year ended 30 June 2025, indicating the company’s financial performance and position. The report, lodged with the ASX, outlines the consolidated financial statements, showcasing the company’s strategic initiatives and their impact on its market positioning. The release is crucial for stakeholders as it provides insights into the company’s operational efficiency and financial health.

The most recent analyst rating on (AU:SPZ) stock is a Hold with a A$1.00 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 to Announce Full-Year Results on August 20, 2025

Smart Parking Limited announced that its full-year results for the year ending June 30, 2025, will be released on August 20, 2025. An investor briefing will be held on the same day, providing stakeholders with insights into the company’s performance and strategic direction. This announcement is significant as it provides an opportunity for investors and stakeholders to evaluate the company’s operational progress and market positioning.

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.