Smart Parking Limited (AU:SPZ)
ASX:SPZ
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Smart Parking Limited
(Sydney:SPZ)
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Rating:59Neutral
Price Target:
AU$1.00
▲(6.38% Upside)
Action:DowngradedDate:04/16/26
The score is supported by strong financial fundamentals—particularly rapid revenue growth, solid margins at the gross level, and low leverage—but is held back by weak technicals (price below key moving averages with negative MACD) and a relatively high P/E without a dividend yield to offset valuation risk.
Positive Factors
Revenue Growth
Sustained high revenue growth indicates strong market demand and adoption of the company’s parking management solutions. Over 2-6 months this supports recurring contract scale, improved pricing leverage and the ability to invest in product development and distribution to extend competitive position.
Negative Factors
Low Net Profitability
Despite strong top-line and gross margins, low net margin and muted ROE indicate significant operating costs or SG&A pressure. Persistently low bottom-line conversion can limit retained earnings, constrain reinvestment and shareholder returns, and lengthen the path to higher free cash flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained high revenue growth indicates strong market demand and adoption of the company’s parking management solutions. Over 2-6 months this supports recurring contract scale, improved pricing leverage and the ability to invest in product development and distribution to extend competitive position.
Read all positive factors
Smart Parking Limited (SPZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$359.11M
Dividend YieldN/A
Average Volume (3M)745.30K
Price to Earnings (P/E)31.6
Beta (1Y)1.13
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)0.04
Revenue Forecast (FY)AU$124.03M
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 ...
How the Company Makes Money
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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
1.16
Negative
1.23
Negative
1.11
Negative
Market Momentum
-0.05
Positive
36.82
Neutral
14.32
Positive
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 below the 20-day moving average (MA) of 1.04, below the 50-day MA of 1.16, and below the 200-day MA of 1.11, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 36.82 is Neutral, neither overbought nor oversold. The STOCH value of 14.32 is Positive, 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 | 4.48 | 23.52% | ― | 12.31% | 23.68% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | AU$359.11M | 31.56 | 6.48% | ― | 80.45% | -7.95% | |
48 Neutral | AU$22.80M | -3.90 | -27.05% | ― | 4.41% | 19.30% | |
48 Neutral | AU$6.41M | 56.21 | -34.60% | ― | 14.64% | -8.70% | |
42 Neutral | AU$24.56M | -3.76 | 190.04% | ― | -42.72% | ― | |
40 Underperform | AU$52.08M | -37.50 | -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 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...
Smart Parking Seeks Quotation for 1.5 Million New Shares on ASX
Mar 3, 2026
Smart Parking Limited has applied to the ASX for quotation of 1,500,000 fully paid ordinary shares, issued on 4 March 2026, under its employee incentive scheme. The new securities relate to shares where transfer restrictions have ceased or are abo...
Smart Parking unlocks escrowed shares as Peak Parking earn-out is fully met
Feb 19, 2026
Smart Parking Limited, a listed parking technology and services provider, operates thousands of car park spaces worldwide using its proprietary Smart Cloud system and licence plate recognition technology, supported by offices in key international ...
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.