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: 0.43

Index: ALL-ORDS

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$0.97 28 Aug 2025	0.000 OPEN $0.97	0.000 HIGH $0.98	5,899,670 LOW $0.96

LAST PRICE

CHANGE +/-

CHANGE %

VOLUME

$0.97

28 Aug
2025

0.000

OPEN

$0.97

0.000

HIGH

$0.98

5,899,670

LOW

$0.96

TARGET

$1.30

34.0% upside

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

Title	FY24 Actual	FY25 Actual	FY26 Forecast	FY27 Forecast
EPS (cps)	xxx	1.5	3.5	xxx
DPS (cps)	xxx	0.0	0.0	xxx
EPS Growth	xxx	38.1%	100.0%	xxx
DPS Growth	xxx	N/A	N/A	xxx
PE Ratio	xxx	N/A	28.6	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

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	2020	2021	2022	2023	2024	2025
EPS Basic	xxx	xxx	xxx	xxx	xxx	1.5
DPS All	xxx	xxx	xxx	xxx	xxx	0.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	77.2 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	21.1
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	16.9 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	7.02 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title	2020	2021	2022	2023	2024	2025
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	9.36 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	8.29 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	5.71 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	9.36 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	19.71 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	9.5 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	2020	2021	2022	2023	2024	2025
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	3 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	8 M
Total Debt	xxx	xxx	xxx	xxx	xxx	10 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	-
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	21 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	4.19

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title	2020	2021	2022	2023	2024	2025
Capex	xxx	xxx	xxx	xxx	xxx	8.8 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	11.39 %
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	36 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	28 M
Research & Development	xxx	xxx	xxx	xxx	xxx	-
Investments - Total	xxx	xxx	xxx	xxx	xxx	-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Shaw and Partners	21/08/2025	1	Buy	$1.30	34.02%	Smart Parking reported better-than-expected FY25 earnings (EBITDA) of over $20m versus Shaw and Partners' forecast of $17m. Improved collection and penalty procedures were put in place in 2H25 to improve revenue yields in the UK market, which are expected to lift yields back to levels prior to the national parking policy change. The US added earnings (EBITDA) of $3.1m for four months, and integration is on track. NZ added 47% more sites and earnings lifted 100%. Shaw and Partners lifts its earnings (EBITDA) forecasts by 10%-20% for FY26-FY28 due to improvements in the UK and believes the company can generate over 30% CAGR earnings (EBITDA) growth to FY29, including management's target of 3000 sites by Dec 2028 versus 1,799 in FY25. Buy, High Risk. Target price rises to $1.30 from $1.25. FORECAST Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.50 cents. Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.60 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Shaw and Partners

21/08/2025

Buy

$1.30

34.02%

Smart Parking reported better-than-expected FY25 earnings (EBITDA) of over $20m versus Shaw and Partners' forecast of $17m.

Improved collection and penalty procedures were put in place in 2H25 to improve revenue yields in the UK market, which are expected to lift yields back to levels prior to the national parking policy change.

The US added earnings (EBITDA) of $3.1m for four months, and integration is on track. NZ added 47% more sites and earnings lifted 100%.

Shaw and Partners lifts its earnings (EBITDA) forecasts by 10%-20% for FY26-FY28 due to improvements in the UK and believes the company can generate over 30% CAGR earnings (EBITDA) growth to FY29, including management's target of 3000 sites by Dec 2028 versus 1,799 in FY25.

Buy, High Risk. Target price rises to $1.30 from $1.25.

FORECAST
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.50 cents.
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.60 cents.

Access Stockbroker Research History >

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

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
Petra Capital	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
Canaccord Genuity	25/08/2025	1	Buy	$1.30	34.02%	Smart Parking's FY25 revenue of $77m beat Canaccord Genuity's forecast of $69m on strong contribution from the UK region, including debt recovery, four-month Peak Parking contribution and accounting changes. Gross profit beat by 16%. Trading update pointed to a strong July, with revenue rising 73% to $10m, and after seasonal adjustment the FY26 revenue works out to $110m, which is the broker's revised forecast. The company is on track to exceed its 3,000 sites target by December 2028 (excluding US), with FY26 pipeline strong across UK, Germany, New Zealand, Denmark and Switzerland. FY26 EBITDA forecast lifted by 23% and FY27 by 18%. Buy. Target rises to $1.30 from $1.25. FORECAST Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.50 cents. Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.30 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Petra Capital

xx/xx/xxxx

xxx

$xx.xx

xx.xx%

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

Canaccord Genuity

25/08/2025

Buy

$1.30

34.02%

Smart Parking's FY25 revenue of $77m beat Canaccord Genuity's forecast of $69m on strong contribution from the UK region, including debt recovery, four-month Peak Parking contribution and accounting changes. Gross profit beat by 16%.

Trading update pointed to a strong July, with revenue rising 73% to $10m, and after seasonal adjustment the FY26 revenue works out to $110m, which is the broker's revised forecast.

The company is on track to exceed its 3,000 sites target by December 2028 (excluding US), with FY26 pipeline strong across UK, Germany, New Zealand, Denmark and Switzerland.

FY26 EBITDA forecast lifted by 23% and FY27 by 18%.

Buy. Target rises to $1.30 from $1.25.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.50 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.30 cents.

Access Extra Coverage Research History >

SPZ STOCK CHART

FNArena News on SPZ

1	Australian Broker Call Extra Edition – Aug 27, 2025 Aug 27 2025 - Daily Market Reports

2	Australian Broker Call Extra Edition – Aug 25, 2025 Aug 25 2025 - Daily Market Reports

3	FNArena Corporate Results Monitor – 21-08-2025 Aug 21 2025 - Australia

4	Australian Broker Call Extra Edition – May 27, 2025 May 27 2025 - Daily Market Reports

5	Australian Broker Call Extra Edition – May 26, 2025 May 26 2025 - Daily Market Reports

Latest Hardware & Equipment News

1	Behind The Rally in ASX Defence Stocks Aug 08 2025 - Australia

2	Australia Has Truly Joined The Data Centre Race Jul 17 2025 - Australia

3	Rudi’s View: Dicker Data (Stock In Focus) Jul 02 2025 - Rudi's View

4	Refreshing Outlook For Dicker Data Mar 27 2025 - Small Caps

5	Codan’s Growing Communications Segment Mar 13 2025 - Small Caps

6	In Brief: Dicker Data, Light & Wonder, Codan Dec 20 2024 - Weekly Reports

7	Dicker Data’s Pick And Shovel AI Strategy Dec 03 2024 - Small Caps

8	Audinate’s Recurring Revenue Opportunity Oct 08 2024 - Small Caps

9	Dicker Data Preps For PC Refresh Cycle Upswing Sep 17 2024 - Small Caps

10	In Brief: Audinate, BlueScope & Nuix For Gen.Ai Aug 23 2024 - Weekly Reports

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

	Yield	Yield on investment
This Year
Year 1
Year 2
Year 3
Year 4
Year

1	Australian Broker Call Extra Edition – Aug 27, 2025 Aug 27 2025 - Daily Market Reports

2	Australian Broker Call Extra Edition – Aug 25, 2025 Aug 25 2025 - Daily Market Reports

3	FNArena Corporate Results Monitor – 21-08-2025 Aug 21 2025 - Australia

4	Australian Broker Call Extra Edition – May 27, 2025 May 27 2025 - Daily Market Reports

5	Australian Broker Call Extra Edition – May 26, 2025 May 26 2025 - Daily Market Reports

Get 2 Weeks free trial

Sign Up

Member Login

SMART PARKING LIMITED (SPZ)
Share Price Analysis and Chart