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Smart Parking Ltd
ASX:SPZ

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Smart Parking Ltd
ASX:SPZ
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Price: 0.825 AUD -2.37% Market Closed
Market Cap: AU$344.1m

P/S

3.1
Current
23%
Cheaper
vs 3-y average of 4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.1
=
Market Cap
AU$423.5m
/
Revenue
AU$108.1m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.1
=
Market Cap
AU$423.5m
/
Revenue
AU$108.1m

Valuation Scenarios

Smart Parking Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (4), the stock would be worth AU$1.07 (30% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+92%
Average Upside
41%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.1 AU$0.83
0%
3-Year Average 4 AU$1.07
+30%
5-Year Average 3.3 AU$0.89
+8%
Industry Average 5.9 AU$1.58
+92%
Country Average 4.1 AU$1.1
+34%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
AU$423.5m
/
Jan 2026
AU$108.1m
=
3.1
Current
AU$423.5m
/
Jun 2026
AU$125.2m
=
3.4
Forward
AU$423.5m
/
Jun 2027
AU$142.7m
=
3
Forward
AU$423.5m
/
Jun 2028
AU$155.5m
=
2.7
Forward
AU$423.5m
/
Jun 2029
AU$163.9m
=
2.6
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Australia
Percentile
44rd
Based on 2 057 companies
44rd percentile
3.1
Low
0 — 1.7
Typical Range
1.7 — 11.8
High
11.8 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.7
Median 4.1
70th Percentile 11.8
Max 1 679 509.2

Smart Parking Ltd
Glance View

Market Cap
344.1m AUD
Industry
Electrical Equipment

Smart Parking Ltd. engages in the provision of design, development, and management of parking technology. The company is headquartered in Melbourne, Victoria. The company went IPO on 2007-01-09. The firm's segments include Parking Management, Technology, and Research & Development. The Parking Management segment is engaged in the provision of parking management solutions, predominantly servicing the retail sector, managing agents and land owners in the United Kingdom. The Technology segment includes sale of Smart City and Internet of Things (IoT) technology, hardware and software predominantly for parking solutions around the world. The Research & Development includes costs to research, develop and improve Smart City, IoT and automatic number plate recognition (ANPR) software/hardware for both the Technology and Parking Management segments. The firm's Smart Parking mobile application is designed to help direct motorists to available parking spaces, advise of car park conditions and tariffs, and utilize contactless payment.

SPZ Intrinsic Value
0.941 AUD
Undervaluation 12%
Intrinsic Value
Price AU$0.825
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