SMART PARKING LIMITED (SPZ)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SPZ - SMART PARKING LIMITED

FNArena Sector : Hardware & Equipment
Year End: June
GICS Industry Group : Technology Hardware & Equipment
Debt/EBITDA: 0.75
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.73

01 Nov
2024

0.030

OPEN

$0.71

4.29%

HIGH

$0.74

343,063

LOW

$0.69

TARGET
$0.70 -4.1% downside
OTHER COMPANIES IN THE SAME SECTOR
4DS . AD8 . AKP . AVA . BLG . CDA . CYG . DDR . DRO . EOS . HTG . IKE . SEN . SLX . TZL . WBT .
FNARENA'S MARKET CONSENSUS FORECASTS
SPZ: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 1.1 1.9 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx - 41.8% 79.2% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 38.4 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

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 © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx1.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx54.5 M
Book Value Per Share xxxxxxxxxxxxxxx8.0
Net Operating Cash Flow xxxxxxxxxxxxxxx12.9 M
Net Profit Margin xxxxxxxxxxxxxxx6.77 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx14.28 %
Return on Invested Capital xxxxxxxxxxxxxxx10.02 %
Return on Assets xxxxxxxxxxxxxxx6.50 %
Return on Equity xxxxxxxxxxxxxxx14.28 %
Return on Total Capital xxxxxxxxxxxxxxx17.08 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx8.7 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 xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx7 M
Total Debt xxxxxxxxxxxxxxx10 M
Goodwill - Gross xxxxxxxxxxxxxxx7 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx7 M
Price To Book Value xxxxxxxxxxxxxxx5.87

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx5.2 M
Capex % of Sales xxxxxxxxxxxxxxx9.46 %
Cost of Goods Sold xxxxxxxxxxxxxxx25 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx22 M
Research & Development xxxxxxxxxxxxxxx1 M
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

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

27/08/2024

1

Buy

$0.70

-4.11%

Smart Parking reported a "solid" FY24 earnings report. Shaw and Partners do a mea-culpa as the analyst acknowledges earnings forecasts at initiation of stock coverage were on the robust side of bullish.

Accordingly, EBITDA estimates have declined by -3% to -10% for FY25/FY26, respectively which still allows for circa 30% growth in EBITDA over the period.

Operationally, the company generated increased momentum in its UK operations over 2H24, with stable revenue per site. NZ gained market share. Germany and Denmark reported small losses and the USA is being investigated for opportunities.

Buy (High risk). and 70c target retained.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.90 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.70 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

Canaccord Genuity

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

Petra Capital

02/09/2024

1

Buy

$0.73

0%

Smart Parking delivered a broadly in-line FY24 (record) result featuring solid progress across its multiple geographies, Petra Capital notes. At year end, the company had 1,421 parking sites under management and is on track to reach the 1,500 target by year-end.

While adjusted earnings were in line with consensus, they came in slightly below Petra's expectations, principally due to an additional expense for the ramp-up of Denmark and lower parking infringement notices issued in the UK division.

The broker believes result themes were positive, and the trajectory into FY25 is strong. Target falls to 73c from 83c, Buy retained.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.20 cents.
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.30 cents.
Access Extra Coverage Research History >

SPZ STOCK CHART

FNArena News on SPZ

1
Rudi’s View: Growth Is Not A Dirty Word

Sep 25 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Sep 04, 2024

Sep 04 2024 - Daily Market Reports
3
FNArena Corporate Results Monitor – 27-08-2024

Aug 27 2024 - Australia
4
Australian Broker Call *Extra* Edition – Jun 27, 2024

Jun 27 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Jun 21, 2024

Jun 21 2024 - Daily Market Reports

Latest Hardware & Equipment News

1
Audinate’s Recurring Revenue Opportunity

Oct 08 2024 - Small Caps
2
Dicker Data Preps For PC Refresh Cycle Upswing

Sep 17 2024 - Small Caps
3
In Brief: Audinate, BlueScope & Nuix For Gen.Ai

Aug 23 2024 - Weekly Reports
4
First Shock Of The Season, What’s Next Audinate?

Aug 12 2024 - Australia
5
Codan’s Communication Upside

Jun 18 2024 - Small Caps
6
And Now For Something Different: Royalties

Apr 02 2024 - Small Caps
7
Dicker Data Still PC

Mar 07 2024 - Small Caps
8
ESG Focus: The Little Big Things – 06-03-2024

Mar 07 2024 - ESG Focus
9
Weekly Ratings, Targets, Forecast Changes – 02-02-24

Feb 05 2024 - Weekly Reports
10
Altium: Low In Place

Nov 14 2023 - Technicals