Smart Parking Future Growth

Future criteria checks 5/6

Smart Parking is forecast to grow earnings and revenue by 33.2% and 19.6% per annum respectively. EPS is expected to grow by 34.6% per annum. Return on equity is forecast to be 25.2% in 3 years.

Key information

33.2%

Earnings growth rate

34.6%

EPS growth rate

Commercial Services earnings growth	17.6%
Revenue growth rate	19.6%
Future return on equity	25.2%
Analyst coverage	Low
Last updated	15 Apr 2024

Recent future growth updates

Recent updates

Market Participants Recognise Smart Parking Limited's (ASX:SPZ) Revenues Pushing Shares 26% Higher

Feb 16

Here's Why Smart Parking (ASX:SPZ) Has Caught The Eye Of Investors

Feb 12

It's Unlikely That Smart Parking Limited's (ASX:SPZ) CEO Will See A Huge Pay Rise This Year

Nov 03

Shareholders May Not Be So Generous With Smart Parking Limited's (ASX:SPZ) CEO Compensation And Here's Why

Nov 11

Does Smart Parking (ASX:SPZ) Have A Healthy Balance Sheet?

Jun 28

Returns At Smart Parking (ASX:SPZ) Are On The Way Up

May 10

We Think You Should Be Aware Of Some Concerning Factors In Smart Parking's (ASX:SPZ) Earnings

Aug 29

Smart Parking (ASX:SPZ) Might Have The Makings Of A Multi-Bagger

Aug 15

Here's Why Smart Parking (ASX:SPZ) Has A Meaningful Debt Burden

Apr 19

We Like These Underlying Trends At Smart Parking (ASX:SPZ)

Mar 02

How Should Investors Feel About Smart Parking's (ASX:SPZ) CEO Remuneration?

Jan 25

We're Hopeful That Smart Parking (ASX:SPZ) Will Use Its Cash Wisely

Dec 01

Earnings and Revenue Growth Forecasts

ASX:SPZ - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	83	14	12	21	3
6/30/2025	71	10	9	16	3
6/30/2024	59	6	0	9	3
12/31/2023	50	7	4	9	N/A
9/30/2023	47	7	4	9	N/A
6/30/2023	45	6	4	9	N/A
3/31/2023	43	4	4	10	N/A
12/31/2022	42	1	5	10	N/A
9/30/2022	40	1	6	10	N/A
6/30/2022	38	1	6	10	N/A
3/31/2022	35	2	7	10	N/A
12/31/2021	31	3	7	10	N/A
9/30/2021	27	4	6	9	N/A
6/30/2021	23	5	5	7	N/A
3/31/2021	20	2	2	4	N/A
12/31/2020	18	-1	-1	1	N/A
9/30/2020	20	-4	-2	0	N/A
6/30/2020	22	-7	-3	0	N/A
3/31/2020	24	-7	-3	-1	N/A
12/31/2019	27	-6	-4	-1	N/A
9/30/2019	27	-5	-3	0	N/A
6/30/2019	27	-5	-3	0	N/A
3/31/2019	28	-3	-2	1	N/A
12/31/2018	29	-1	-2	2	N/A
9/30/2018	30	0	-1	3	N/A
6/30/2018	31	2	0	3	N/A
3/31/2018	30	1	0	3	N/A
12/31/2017	29	0	1	3	N/A
9/30/2017	27	0	N/A	2	N/A
6/30/2017	25	-1	N/A	1	N/A
3/31/2017	27	-1	N/A	0	N/A
12/31/2016	29	0	N/A	0	N/A
9/30/2016	30	-1	N/A	-5	N/A
6/30/2016	32	-2	N/A	-9	N/A
3/31/2016	30	-2	N/A	-7	N/A
12/31/2015	29	-2	N/A	-6	N/A
9/30/2015	26	-4	N/A	-2	N/A
6/30/2015	24	-5	N/A	2	N/A
3/31/2015	23	-8	N/A	-1	N/A
12/31/2014	22	-10	N/A	-4	N/A
9/30/2014	22	-8	N/A	-4	N/A
6/30/2014	22	-7	N/A	-3	N/A
3/31/2014	21	-7	N/A	-2	N/A
12/31/2013	20	-6	N/A	-2	N/A
9/30/2013	20	-7	N/A	-4	N/A
6/30/2013	21	-7	N/A	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPZ's forecast earnings growth (33.2% per year) is above the savings rate (2.2%).

Earnings vs Market: SPZ's earnings (33.2% per year) are forecast to grow faster than the Australian market (13.8% per year).

High Growth Earnings: SPZ's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SPZ's revenue (19.6% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: SPZ's revenue (19.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPZ's Return on Equity is forecast to be high in 3 years time (25.2%)

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Smart Parking Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 10%, revenue upgraded

Recent updates

Group CEO recently sold AU$678k worth of stock

Consensus EPS estimates fall by 10%, revenue upgraded

First half 2024 earnings released: EPS: AU$0.007 (vs AU$0.006 in 1H 2023)

Market Participants Recognise Smart Parking Limited's (ASX:SPZ) Revenues Pushing Shares 26% Higher

Smart Parking Limited to Report First Half, 2024 Results on Feb 19, 2024

Here's Why Smart Parking (ASX:SPZ) Has Caught The Eye Of Investors

It's Unlikely That Smart Parking Limited's (ASX:SPZ) CEO Will See A Huge Pay Rise This Year

Investors Will Want Smart Parking's (ASX:SPZ) Growth In ROCE To Persist

Smart Parking Limited, Annual General Meeting, Nov 10, 2023

Here's Why We Think Smart Parking (ASX:SPZ) Is Well Worth Watching

When Should You Buy Smart Parking Limited (ASX:SPZ)?

New major risk - Earnings quality

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Smart Parking Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

Smart Parking Limited (ASX:SPZ) acquired Parkinnovation Gmbh for AUD 2 million.

First half 2023 earnings released: EPS: AU$0.006 (vs AU$0.006 in 1H 2022)

Returns Are Gaining Momentum At Smart Parking (ASX:SPZ)

Smart Parking Limited to Report First Half, 2023 Results on Feb 20, 2023

Insufficient new directors

Shareholders May Not Be So Generous With Smart Parking Limited's (ASX:SPZ) CEO Compensation And Here's Why

Smart Parking Limited, Annual General Meeting, Nov 18, 2022

Full year 2022 earnings released: EPS: AU$0.003 (vs AU$0.015 in FY 2021)

Full year 2022 earnings released: EPS: AU$0.003 (vs AU$0.015 in FY 2021)

Does Smart Parking (ASX:SPZ) Have A Healthy Balance Sheet?

Insufficient new directors

Returns At Smart Parking (ASX:SPZ) Are On The Way Up

Smart Parking Limited (ASX:SPZ) acquired Ne Parking Limited for AUD 0.52 million.

Smart Parking Limited (ASX:SPZ) announces an Equity Buyback for 35,760,226 shares, representing 10% for AUD 2.5 million.

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Smart Parking Limited to Report First Half, 2022 Results on Feb 21, 2022

Full year 2021 earnings released: EPS AU$0.015 (vs AU$0.02 loss in FY 2020)

We Think You Should Be Aware Of Some Concerning Factors In Smart Parking's (ASX:SPZ) Earnings

Full year 2021 earnings released: EPS AU$0.015 (vs AU$0.02 loss in FY 2020)

Smart Parking (ASX:SPZ) Might Have The Makings Of A Multi-Bagger

Smart Parking Limited (ASX:SPZ) acquired Enterprise Parking Solutions Ltd.

Here's Why Smart Parking (ASX:SPZ) Has A Meaningful Debt Burden

Smart Parking Limited Announces Dispute Settlement

We Like These Underlying Trends At Smart Parking (ASX:SPZ)

First half 2021 earnings released: EPS AU$0.013 (vs AU$0.004 loss in 1H 2020)

Smart Parking Limited Settles with Her Majesty's Revenue and Customs on UK VAT Matters Related to the Administration of Parking Breach Notices

Smart Parking Limited to Report First Half, 2021 Results on Feb 25, 2021

How Should Investors Feel About Smart Parking's (ASX:SPZ) CEO Remuneration?

We're Hopeful That Smart Parking (ASX:SPZ) Will Use Its Cash Wisely

Smart Parking Limited Announces Retirement of Tiffany Fuller as Non-Executive Director on December 31, 2020

Full year earnings released - AU$0.02 loss per share

Full year earnings released - AU$0.02 loss per share

Smart Parking Limited to Report Fiscal Year 2020 Results on Aug 24, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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