Smartpay Holdings Limited designs, develops, and implements technology products, services, and software to merchants and retailers.
High growth potential and slightly overvalued.
Share Price & News
How has Smartpay Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMP's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SMP exceeded the Australian IT industry which returned 49.3% over the past year.
Return vs Market: SMP exceeded the Australian Market which returned -12.3% over the past year.
Price Volatility Vs. Market
How volatile is Smartpay Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Smartpay Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMP (A$0.63) is trading below our estimate of fair value (A$1.55)
Significantly Below Fair Value: SMP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMP is unprofitable, so we can't compare its PE Ratio to the AU IT industry average.
PE vs Market: SMP is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SMP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMP is overvalued based on its PB Ratio (11.6x) compared to the AU IT industry average (2.3x).
How is Smartpay Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: SMP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SMP's is expected to become profitable in the next 3 years.
Revenue vs Market: SMP's revenue (30.6% per year) is forecast to grow faster than the Australian market (4.3% per year).
High Growth Revenue: SMP's revenue (30.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMP's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Smartpay Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMP is currently unprofitable.
Growing Profit Margin: SMP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMP is unprofitable, and losses have increased over the past 5 years at a rate of -43.6% per year.
Accelerating Growth: Unable to compare SMP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMP is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-0.3%).
Return on Equity
High ROE: SMP has a negative Return on Equity (-43.79%), as it is currently unprofitable.
How is Smartpay Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SMP's short term assets (NZ$5.6M) do not cover its short term liabilities (NZ$18.1M).
Long Term Liabilities: SMP's short term assets (NZ$5.6M) do not cover its long term liabilities (NZ$18.1M).
Debt to Equity History and Analysis
Debt Level: SMP's debt to equity ratio (290.9%) is considered high.
Reducing Debt: SMP's debt to equity ratio has increased from 230.4% to 290.9% over the past 5 years.
Debt Coverage: SMP's debt is well covered by operating cash flow (21.8%).
Interest Coverage: SMP is unprofitable, therefore interest payments are not well covered by earnings.
What is Smartpay Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bradley Gerdis (47yo)
Mr. Bradley Gavin Gerdis, B.Bus. (Hon), M.Com, has been the Chief Executive Officer of SmartPay Holdings Limited since December 21, 2011 and its Managing Director since March 2012. Mr. Gerdis served as the ...
CEO Compensation Analysis
Compensation vs Market: Bradley's total compensation ($USD0.00) is below average for companies of similar size in the Australian market ($USD262.81K).
Compensation vs Earnings: Bradley's compensation has increased whilst the company is unprofitable.
|COO & Executive Director||6.25yrs||no data||1.62% NZ$2.2m|
|CEO, MD & Director||8.58yrs||no data||3.11% NZ$4.2m|
|Independent Director||1.58yrs||NZ$16.00k||1.05% NZ$1.4m|
|Independent Non-Executive Chairman||4.5yrs||NZ$60.00k||0.30% NZ$402.9k|
|Non-Executive Director||1.58yrs||NZ$17.00k||no data|
|Independent Director||7.25yrs||NZ$55.00k||no data|
Experienced Board: SMP's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22%.
Smartpay Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Smartpay Holdings Limited
- Ticker: SMP
- Exchange: ASX
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: NZ$142.437m
- Listing Market Cap: NZ$134.764m
- Shares outstanding: 209.47m
- Website: https://www.smartpay.co.nz
Number of Employees
- Smartpay Holdings Limited
- 205-209 Wairau Road
- Wairau Valley
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPY||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||May 2006|
|SMP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2006|
|SMP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2006|
|SMP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2006|
Smartpay Holdings Limited designs, develops, and implements technology products, services, and software to merchants and retailers. It provides payment and data management solutions for retail, business payment, and transactional processing requirements. The company serves 25,000 merchants with approximately 35,000 EFTPOS terminals in New Zealand and Australia. It serves retail, trade, taxi and transport, charities and schools, hospitality, and tourism industries. Smartpay Holdings Limited is based in Auckland, New Zealand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/12 11:07|
|End of Day Share Price||2020/07/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.