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Smart Parking Limited
(Sydney:SPZ)
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Rating:65Neutral
Price Target:
AU$0.90
▼(-4.47% Downside)
Action:Reiterated
Date:08/20/26
The score is driven primarily by strong financial performance (rapid revenue scaling, strong EBITDA margin, and a much improved low-leverage balance sheet). This is tempered by a mixed technical backdrop (negative MACD and trading below longer-term moving averages) and a stretched valuation (high P/E with no dividend yield provided).
Positive Factors
Strong Revenue Growth
The substantial multi-year increase in sales indicates successful market expansion and sustained customer adoption. Continued growth at scale can strengthen the platform’s operating base and support recurring technology and service revenue.
Negative Factors
Volatile Bottom-Line Profitability
Net earnings have not kept a stable relationship with revenue or operating profit, indicating that below-EBITDA costs or other items can materially affect results. This reduces earnings predictability even while the core business expands.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The substantial multi-year increase in sales indicates successful market expansion and sustained customer adoption. Continued growth at scale can strengthen the platform’s operating base and support recurring technology and service revenue.
Read all positive factors
Smart Parking Limited (SPZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$323.82M
Dividend YieldN/A
Average Volume (3M)981.72K
Price to Earnings (P/E)46.7
Beta (1Y)1.27
Revenue Growth63.33%
EPS Growth12.84%
CountryAU
Employees200
SectorIndustrials
Sector Strength72
IndustryIndustrial - Infrastructure Operations
Share Statistics
EPS (TTM)0.02
Shares Outstanding415,152,920
10 Day Avg. Volume611,707
30 Day Avg. Volume981,720
Financial Highlights & Ratios
PEG Ratio3.16
Price to Book (P/B)3.37
Price to Sales (P/S)2.64
P/FCF Ratio23.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.60Price Target Upside70.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$147.89M
Smart Parking Limited Business Overview & Revenue Model
Company Description
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments: Technology, Parking Management, and Research and Development. The Technology segment sells Smart City and ...
How the Company Makes Money
Smart Parking Limited primarily makes money by selling and/or contracting for parking management technology and services to customers such as parking operators, property owners, and site managers. Key revenue streams typically include: (1) hardwar...
Smart Parking Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
71
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 126.02M | 77.33M | 54.45M | 45.18M | 38.15M |
| Gross Profit | 77.50M | 51.51M | 29.13M | 27.54M | 22.35M |
| EBITDA | 55.72M | 14.48M | 13.31M | 12.31M | 7.40M |
| Net Income | 6.95M | 5.42M | 3.69M | 6.38M | 959.77K |
Balance Sheet | |||||
| Total Assets | 143.16M | 132.06M | 57.56M | 55.97M | 49.24M |
| Cash, Cash Equivalents and Short-Term Investments | 27.31M | 21.38M | 7.87M | 10.73M | 10.82M |
| Total Debt | 8.96M | 10.49M | 10.32M | 17.65M | 16.81M |
| Total Liabilities | 44.22M | 44.29M | 29.61M | 32.27M | 31.79M |
| Stockholders Equity | 98.93M | 87.77M | 27.94M | 23.70M | 17.45M |
Cash Flow | |||||
| Free Cash Flow | 14.11M | 10.51M | 9.30M | 4.00M | 6.32M |
| Operating Cash Flow | 20.83M | 17.92M | 13.55M | 9.29M | 10.17M |
| Investing Cash Flow | -8.46M | -43.85M | -12.85M | -5.70M | -6.00M |
| Financing Cash Flow | -5.03M | 39.03M | -4.20M | -4.01M | -3.85M |
Smart Parking Limited Technical Analysis
Neutral
0.94
Price Trends
0.75
Positive
0.79
Negative
1.01
Negative
Market Momentum
0.02
Positive
51.58
Neutral
11.54
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPZ, the sentiment is Neutral. The current price of 0.94 is above the 20-day moving average (MA) of 0.77, above the 50-day MA of 0.75, and below the 200-day MA of 1.01, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 51.58 is Neutral, neither overbought nor oversold. The STOCH value of 11.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SPZ.
Smart Parking Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$14.84M | 4.73 | 28.96% | ― | 4.70% | 6.82% | |
65 Neutral | AU$323.82M | 46.71 | 7.33% | ― | 63.33% | 12.84% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | AU$28.02M | -9.64 | -18.57% | ― | 12.29% | 55.78% | |
51 Neutral | AU$54.51M | -62.73 | -6.40% | ― | 14.31% | 79.78% | |
45 Neutral | AU$4.70M | -13.33 | -36.68% | ― | -0.67% | 48.84% | |
42 Neutral | AU$22.92M | -9.66 | 67.50% | ― | -23.57% | -38.10% |
* Industrials Sector Average
AU:SPZ
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Smart Parking Limited Corporate Events
Smart Parking Director Simon Jones Increases Indirect Shareholding
Aug 19, 2026
Smart Parking Limited has disclosed a change in the equity holdings of director Simon Jones through an ASX notice, highlighting the company’s adherence to regulatory requirements on director interest reporting. The director’s stake is ...
Smart Parking Launches On‑Market Share Buy‑Back Program
Aug 17, 2026
Smart Parking Limited has announced a new on‑market share buy‑back of its ordinary fully paid shares listed on the ASX under code SPZ. The program indicates the board’s intention to actively manage the company’s capital str...
Smart Parking Launches Up to $5m On‑Market Share Buy‑Back
Aug 17, 2026
Smart Parking Limited has approved an on‑market buy‑back of up to $5 million in ordinary shares, to be conducted within the 10/12 limit under the Corporations Act and therefore without the need for shareholder approval. The program is ...
Smart Parking Posts Record FY26 Results on Global Expansion
Aug 17, 2026
Smart Parking Limited reported record FY26 results, with revenue rising to $126.0 million and adjusted EBITDA climbing 73% to $30.8 million, aided by a full 12-month contribution from its Peak Parking operation in the United States. Underlying net...
Smart Parking Files Preliminary 2026 Results with ASX
Aug 17, 2026
Smart Parking Limited has lodged its preliminary final report for the year ended 30 June 2026 with the ASX under Listing Rule 4.3A, covering the consolidated group and presented in Australian dollars. The report outlines the company’s prelim...
Smart Parking sets date for 2026 full-year results and investor webcast
Aug 11, 2026
Smart Parking Limited has scheduled the release of its full-year results for the year ended 30 June 2026 on Tuesday, 18 August 2026. The company will host an investor briefing via webcast at 10:30 a.m. AEST that day, underscoring its efforts to en...
Smart Parking Plans Modest Share Placement on ASX
Jul 1, 2026
Smart Parking Limited has lodged a notice with the ASX outlining a proposed issue of up to 1,811,286 ordinary fully paid shares. The securities are to be issued via a placement or other type of issue, with a planned issue date of 1 April 2027, ind...
Smart Parking boosts U.S. footprint with acquisition of American Parking
Jul 1, 2026
Smart Parking Limited has strengthened its position in the U.S. parking management market with the acquisition of American Parking, a Tulsa-based operator managing 54 locations across Oklahoma, Texas and Arkansas. The deal lifts Smart Parking̵...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.