Smartpay Holdings
Market Cap
NZ$134.1m
Last Updated
2020/10/25 10:39 UTC
Data Sources
Company Financials +
Executive Summary
Smartpay Holdings Limited designs, develops, and implements technology products, services, and software to merchants and retailers. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential and slightly overvalued.
Similar Companies
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: SPY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.5%
SPY
1.9%
NZ IT
0.5%
NZ Market
1 Year Return
226.5%
SPY
85.0%
NZ IT
8.6%
NZ Market
Return vs Industry: SPY exceeded the NZ IT industry which returned 85% over the past year.
Return vs Market: SPY exceeded the NZ Market which returned 8.6% over the past year.
Shareholder returns
| SPY | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.5% | 1.9% | 0.5% |
| 30 Day | 0% | 21.1% | 7.1% |
| 90 Day | -6.6% | 22.9% | 7.9% |
| 1 Year | 226.5%226.5% | 87.5%85.0% | 13.1%8.6% |
| 3 Year | 166.7%166.7% | 187.2%170.6% | 48.5%29.0% |
| 5 Year | 285.5%285.5% | 121.1%95.0% | 101.5%52.4% |
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
1 month ago | Simply Wall St
If You Had Bought Smartpay Holdings (NZSE:SPY) Stock Five Years Ago, You Could Pocket A 303% Gain Today5 months ago | Simply Wall St
Is Smartpay Holdings' (NZSE:SPY) Share Price Gain Of 105% Well Earned?6 months ago | Simply Wall St
How Much Of Smartpay Holdings Limited (NZSE:SPY) Do Insiders Own?Valuation
Is Smartpay Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPY (NZ$0.64) is trading below our estimate of fair value (NZ$1.86)
Significantly Below Fair Value: SPY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPY is unprofitable, so we can't compare its PE Ratio to the XO IT industry average.
PE vs Market: SPY is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPY is overvalued based on its PB Ratio (10.9x) compared to the XO IT industry average (3.4x).
Next Steps
Future Growth
How is Smartpay Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
94.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: SPY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SPY's is expected to become profitable in the next 3 years.
Revenue vs Market: SPY's revenue (34.5% per year) is forecast to grow faster than the NZ market (5.5% per year).
High Growth Revenue: SPY's revenue (34.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPY's Return on Equity is forecast to be low in 3 years time (7.1%).
Next Steps
Past Performance
How has Smartpay Holdings performed over the past 5 years?
-43.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPY is currently unprofitable.
Growing Profit Margin: SPY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPY is unprofitable, and losses have increased over the past 5 years at a rate of 43.6% per year.
Accelerating Growth: Unable to compare SPY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPY is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-8.7%).
Return on Equity
High ROE: SPY has a negative Return on Equity (-43.79%), as it is currently unprofitable.
Next Steps
Financial Health
How is Smartpay Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SPY's short term assets (NZ$5.6M) do not cover its short term liabilities (NZ$18.1M).
Long Term Liabilities: SPY's short term assets (NZ$5.6M) do not cover its long term liabilities (NZ$18.1M).
Debt to Equity History and Analysis
Debt Level: SPY's debt to equity ratio (290.9%) is considered high.
Reducing Debt: SPY's debt to equity ratio has increased from 230.4% to 290.9% over the past 5 years.
Debt Coverage: SPY's debt is well covered by operating cash flow (21.8%).
Interest Coverage: SPY is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Smartpay Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPY's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average board tenure
CEO
Marty Pomeroy
0.083
Tenure
Mr. Martyn Richard Pomeroy, also known as Marty, serves as Chief Executive Officer & Managing Director at Smartpay Holdings Limited since September 1, 2020. He serves as Chief Operating Officer at SmartPay ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD | 0.083yr | no data | 1.62% NZ$ 2.2m | |
| Independent Director | 1.83yrs | NZ$16.00k | 1.05% NZ$ 1.4m | |
| Independent Non-Executive Chairman | 4.75yrs | NZ$60.00k | 0.30% NZ$ 400.8k | |
| Non-Executive Director | 1.83yrs | NZ$17.00k | no data | |
| Independent Director | 7.5yrs | NZ$55.00k | no data |
4.8yrs
Average Tenure
Experienced Board: SPY's board of directors are considered experienced (4.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22%.
Top Shareholders
Company Information
Smartpay Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Smartpay Holdings Limited
- Ticker: SPY
- Exchange: NZSE
- Founded:
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: NZ$134.059m
- Shares outstanding: 209.47m
- Website: https://www.smartpay.co.nz
Number of Employees
Location
- Smartpay Holdings Limited
- 205-209 Wairau Road
- Wairau Valley
- Auckland
- 627
- New Zealand
Listings
| 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 |
Biography
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 pa ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/25 10:39 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.