Smart Parking Limited designs, develops, and manages parking technology in New Zealand, Australia, the United Kingdom, and internationally. More Details
Flawless balance sheet with high growth potential.
Share Price & News
How has Smart Parking's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPZ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: SPZ's weekly volatility (10%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SPZ underperformed the Australian Electronic industry which returned 35.9% over the past year.
Return vs Market: SPZ underperformed the Australian Market which returned -1.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Smart Parking's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWe're Hopeful That Smart Parking (ASX:SPZ) Will Use Its Cash Wisely
3 months ago | Simply Wall StWhat Can We Learn About Smart Parking's (ASX:SPZ) CEO Compensation?
5 months ago | Simply Wall StAre Insiders Buying Smart Parking Limited (ASX:SPZ) Stock?
Is Smart Parking undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SPZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SPZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SPZ is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.
PE vs Market: SPZ 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 SPZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPZ's PB Ratio (4.1x) is in line with the AU Electronic industry average.
How is Smart Parking 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: SPZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SPZ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SPZ's is expected to become profitable in the next 3 years.
Revenue vs Market: SPZ's revenue (18.9% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: SPZ's revenue (18.9% 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%)
How has Smart Parking performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPZ is currently unprofitable.
Growing Profit Margin: SPZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPZ is unprofitable, and losses have increased over the past 5 years at a rate of 23.8% per year.
Accelerating Growth: Unable to compare SPZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPZ is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-0.9%).
Return on Equity
High ROE: SPZ has a negative Return on Equity (-56.29%), as it is currently unprofitable.
How is Smart Parking's financial position?
Financial Position Analysis
Short Term Liabilities: SPZ's short term assets (A$11.9M) exceed its short term liabilities (A$10.2M).
Long Term Liabilities: SPZ's short term assets (A$11.9M) exceed its long term liabilities (A$11.0M).
Debt to Equity History and Analysis
Debt Level: SPZ is debt free.
Reducing Debt: SPZ had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SPZ has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 18.6% each year.
What is Smart Parking current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Gillespie (46 yo)
Mr. Paul Gillespie has been Chief Executive Officer, Managing Director of Smart Parking Limited since January 7, 2013 and served as its and Joint Company Secretary since November 7, 2016. Mr. Gillespie ser...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD411.29K) is above average for companies of similar size in the Australian market ($USD294.44K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
|Group CEO||8yrs||AU$532.87k||0.73% |
|Group CFO & Company Secretary||9.92yrs||AU$266.69k||0.30% |
|Chief Technology Officer||5.83yrs||no data||no data|
|Group Marketing Manager||3yrs||no data||no data|
|Head of Sales||no data||no data||no data|
|Head of Sales||no data||no data||no data|
|Head of Operations - EMEA||5.5yrs||no data||no data|
|Global Sales & Marketing Manager||no data||AU$67.45k||no data|
Experienced Management: SPZ's management team is seasoned and experienced (5.8 years average tenure).
|Group CEO||8yrs||AU$532.87k||0.73% |
|Non-Executive Chairman||7.5yrs||AU$72.00k||no data|
|Independent Board Director||8.42yrs||AU$54.00k||0.18% |
|Independent Non-Executive Director||1.67yrs||AU$65.16k||0.13% |
Experienced Board: SPZ's board of directors are considered experienced (7.8 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 not been meaningfully diluted in the past year.
Smart Parking Limited's company bio, employee growth, exchange listings and data sources
- Name: Smart Parking Limited
- Ticker: SPZ
- Exchange: ASX
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: AU$53.242m
- Shares outstanding: 354.95m
- Website: https://www.smartparking.com
- Smart Parking Limited
- 845 Lorimer Street
- Port Melbourne
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPZ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Feb 2011|
|SPZ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Feb 2011|
Smart Parking Limited designs, develops, and manages parking technology in New Zealand, Australia, the United Kingdom, and internationally. It operates in Technology, Parking Management, and Research and D...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/17 07:03|
|End of Day Share Price||2021/01/15 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.