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Smart Parking ASX:SPZ Stock Report

Last Price

AU$0.86

Market Cap

AU$297.8m

7D

-2.8%

1Y

152.9%

Updated

19 Dec, 2024

Data

Company Financials +

Smart Parking Limited

ASX:SPZ Stock Report

Market Cap: AU$297.8m

SPZ Stock Overview

Engages in the design, development, and management of parking management solutions in New Zealand, Australia, Germany, and the United Kingdom. More details

SPZ fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 26.2% below our estimate of its fair value

Earnings are forecast to grow 29.95% per year

Risk Analysis

Profit margins (6.7%) are lower than last year (14.1%)


My Notes

Capture your thoughts, links and company narrative

Smart Parking Limited Competitors

Close the Loop

ASX:CLG

AU$122.3m

Ariadne Australia

ASX:ARA

AU$105.5m

Cleanaway Waste Management

ASX:CWY

AU$6.0b

Sugar Terminals

NSX:SUG

AU$385.2m

Price History & Performance

Summary of share price highs, lows and changes for Smart Parking
Historical stock prices
Current Share PriceAU$0.86
52 Week HighAU$0.97
52 Week LowAU$0.33
Beta1.29
1 Month Change-7.53%
3 Month Change44.54%
1 Year Change152.94%
3 Year Change273.91%
5 Year Change237.25%
Change since IPO149.28%

Recent News & Updates

After Leaping 28% Smart Parking Limited (ASX:SPZ) Shares Are Not Flying Under The Radar

Dec 06
After Leaping 28% Smart Parking Limited (ASX:SPZ) Shares Are Not Flying Under The Radar

Recent updates

After Leaping 28% Smart Parking Limited (ASX:SPZ) Shares Are Not Flying Under The Radar

Dec 06
After Leaping 28% Smart Parking Limited (ASX:SPZ) Shares Are Not Flying Under The Radar

Should You Think About Buying Smart Parking Limited (ASX:SPZ) Now?

Aug 15
Should You Think About Buying Smart Parking Limited (ASX:SPZ) Now?

Investors Appear Satisfied With Smart Parking Limited's (ASX:SPZ) Prospects As Shares Rocket 28%

Jul 29
Investors Appear Satisfied With Smart Parking Limited's (ASX:SPZ) Prospects As Shares Rocket 28%

Getting In Cheap On Smart Parking Limited (ASX:SPZ) Might Be Difficult

Jun 12
Getting In Cheap On Smart Parking Limited (ASX:SPZ) Might Be Difficult

Should You Investigate Smart Parking Limited (ASX:SPZ) At AU$0.47?

May 01
Should You Investigate Smart Parking Limited (ASX:SPZ) At AU$0.47?

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

Feb 16
Market Participants Recognise Smart Parking Limited's (ASX:SPZ) Revenues Pushing Shares 26% Higher

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

Feb 12
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

Nov 03
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

Oct 18
Investors Will Want Smart Parking's (ASX:SPZ) Growth In ROCE To Persist

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

Sep 22
Here's Why We Think Smart Parking (ASX:SPZ) Is Well Worth Watching

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

Aug 22
When Should You Buy Smart Parking Limited (ASX:SPZ)?

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

Feb 15
Returns Are Gaining Momentum At Smart Parking (ASX:SPZ)

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

Nov 11
Shareholders May Not Be So Generous With Smart Parking Limited's (ASX:SPZ) CEO Compensation And Here's Why

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

Jun 28
Does Smart Parking (ASX:SPZ) Have A Healthy Balance Sheet?

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

May 10
Returns At Smart Parking (ASX:SPZ) Are On The Way Up

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

Aug 29
We Think You Should Be Aware Of Some Concerning Factors In Smart Parking's (ASX:SPZ) Earnings

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

Aug 15
Smart Parking (ASX:SPZ) Might Have The Makings Of A Multi-Bagger

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

Apr 19
Here's Why Smart Parking (ASX:SPZ) Has A Meaningful Debt Burden

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

Mar 02
We Like These Underlying Trends At Smart Parking (ASX:SPZ)

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

Jan 25
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

Dec 01
We're Hopeful That Smart Parking (ASX:SPZ) Will Use Its Cash Wisely

Shareholder Returns

SPZAU Commercial ServicesAU Market
7D-2.8%-0.4%-0.6%
1Y152.9%29.7%9.1%

Return vs Industry: SPZ exceeded the Australian Commercial Services industry which returned 29.7% over the past year.

Return vs Market: SPZ exceeded the Australian Market which returned 9.1% over the past year.

Price Volatility

Is SPZ's price volatile compared to industry and market?
SPZ volatility
SPZ Average Weekly Movement11.1%
Commercial Services Industry Average Movement7.1%
Market Average Movement8.1%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

Stable Share Price: SPZ has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SPZ's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aPaul Gillespiewww.smartparking.com

Smart Parking Limited, together with its subsidiaries, engages in the design, development, and management of parking management solutions in New Zealand, Australia, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments. The company provides parking management services for cars using automatic number plate recognition (ANPR) camera systems that are designed to monitor private car parks for businesses.

Smart Parking Limited Fundamentals Summary

How do Smart Parking's earnings and revenue compare to its market cap?
SPZ fundamental statistics
Market capAU$297.78m
Earnings (TTM)AU$3.69m
Revenue (TTM)AU$54.70m

80.7x

P/E Ratio

5.4x

P/S Ratio

Is SPZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPZ income statement (TTM)
RevenueAU$54.70m
Cost of RevenueAU$19.40m
Gross ProfitAU$35.30m
Other ExpensesAU$31.61m
EarningsAU$3.69m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.011
Gross Margin64.53%
Net Profit Margin6.74%
Debt/Equity Ratio0.9%

How did SPZ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 18:47
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Smart Parking Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Annabelle HoldenCanaccord Genuity
Owen HumphriesCanaccord Genuity