SMARTPAY HOLDINGS LIMITED (SMP)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SMP

SMP - SMARTPAY HOLDINGS LIMITED

FNArena Sector : Business & Consumer Credit
Year End: March
GICS Industry Group : Software & Services
Debt/EBITDA: 0.78
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.82

24 Mar
2025

0.020

OPEN

$0.80

2.50%

HIGH

$0.83

90,145

LOW

$0.80

TARGET
$1.265 54.3% upside
OTHER COMPANIES IN THE SAME SECTOR
BTN . CCP . CGR . COG . EML . EPY . FSA . HUM . JDO . LFS . MME . PLT . PPM . QAL . SIV . SVR . TYR . WZR . XYZ . ZIP .
FNARENA'S MARKET CONSENSUS FORECASTS
SMP: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 1.2 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 64.3 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx3.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx89.5 M
Book Value Per Share xxxxxxxxxxxxxxx20.2
Net Operating Cash Flow xxxxxxxxxxxxxxx18.0 M
Net Profit Margin xxxxxxxxxxxxxxx8.71 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx17.80 %
Return on Invested Capital xxxxxxxxxxxxxxx13.86 %
Return on Assets xxxxxxxxxxxxxxx7.04 %
Return on Equity xxxxxxxxxxxxxxx17.80 %
Return on Total Capital xxxxxxxxxxxxxxx15.55 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx8.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx13 M
Total Debt xxxxxxxxxxxxxxx15 M
Goodwill - Gross xxxxxxxxxxxxxxx14 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx19 M
Price To Book Value xxxxxxxxxxxxxxx7.09

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx15.3 M
Capex % of Sales xxxxxxxxxxxxxxx17.15 %
Cost of Goods Sold xxxxxxxxxxxxxxx71 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx9 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

18/03/2025

1

Upgrade to Buy from Hold

$1.33

62.20%

Bell Potter upgrades SmartPay to Buy from Hold with a higher target price of $1.33 from 68c, following the preliminary non-binding NZ$1.00 scrip plus cash offer from Tyro Payments ((TYR)).

The 90c offer price represents a 70% premium to the previous closing price. In addition, an undisclosed international strategic bidder has made another takeover proposal for an unannounced amount, the analyst highlights.

The broker is more positive on the stock post the strategic interest, which may increase with SmartPay trialling the new terminal and acquiring solution.

No change to Bell Potter's earnings forecasts.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.46 cents.
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.28 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

19/03/2025

1

Buy

$1.20

46.34%

SmartPay received a takeover offer from Tyro Payments ((TYR)) and another global company speculated to be Shift4 Payments. The company granted due diligence to both parties and has reciprocal due diligence with Tyro.

From Tyro's point of view, Canaccord Genuity considers the strategic rationale for the acquisition to be sound. The broker estimates cost synergies would need to be over $20m for the deal to be accretive as a full scrip merger at 73c Tyro share price. 

The broker thinks the offer price of NZ$1.00 undervalues Smartpay and is unlikely to be accepted but because of two offers, the deal would get competitive. 

Target price of $1.20 and Buy rating are unchanged.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.18 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.55 cents.
Access Extra Coverage Research History >

SMP STOCK CHART

FNArena News on SMP

1
Weekly Ratings, Targets, Forecast Changes – 21-03-25

Mar 24 2025 - Weekly Reports
2
Next Week At A Glance 24-28 Mar 2025

Mar 21 2025 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Mar 19, 2025

Mar 19 2025 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Mar 18, 2025

Mar 18 2025 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Mar 12, 2025

Mar 12 2025 - Daily Market Reports

Latest Business & Consumer Credit News

1
Zip Co Shares To Continue Uptrend

Nov 26 2024 - Technicals
2
Are SmartPay & Tyro Private Equity Targets?

Oct 23 2024 - Small Caps
3
COG Financial Services Screens ‘Too Cheap’

Oct 18 2024 - Small Caps
4
Strong Growth Prospects For Judo Capital

Oct 11 2024 - Small Caps
5
Is Judo Capital Too Ambitious?

Aug 22 2024 - Small Caps
6
Zip Co, The Lazarus Of BNPL

Jul 05 2024 - Small Caps
7
Judo Answers The Critics

Jan 24 2024 - Small Caps
8
BNPL To Be Regulated In Australia

Jun 01 2023 - Australia
9
Tyro Payments Doubles Down On Savings

Oct 12 2022 - Small Caps
10
Block Still Paying For Afterpay Acquisition

Aug 11 2022 - Australia