Smart Parking Ltd (SPZ) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Smart Parking Ltd stock A$0.72, price A$0.77, that is 5.6% below the price, quality 55 out of 100. Rating: fairly valued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Smart Parking Ltd
SPZ · AUThe stock costs about what our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range A$0.1500 – A$1.42 · fair‑value band A$0.4590 – A$1.21 · the A$0.7650 price screens above the A$0.7225 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
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Company profile
Smart Parking Limited, together with its subsidiaries, engages in the design, development, and management of parking management solutions in New Zealand, Australia, Denmark, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments.
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The company provides parking management services for cars using automatic number plate recognition (ANPR) camera systems that are designed to monitor private car parks for businesses.
It offers SmartCloud, a cloud-based car parking management platform that gathers and processes information; Compliance Management System, an app and online management platform designed to digitalize and streamline the manual patrol and processing of urban car parking footprints; pay and walk machines for people to either pay for their parking or validate their number plate; mobile patrol services for guiding and informing customers about parking related information; and Vehicle Detection Sensors, is designed to pick up the usage of individual car park bays.
In addition, the company provides SmartApp, ANPR cameras, SmartSpot gateways, overhead guidance indicators, and enforcement management systems.
It offers its solutions to councils & local authorities, hospitals & medical centres, hotels & hospitality, leisure & tourism, property managers & agents, places of worship, residential, restaurants & pubs, shopping centres & retail, supermarkets, and universities & educational environments.
The company was formerly known as Car Parking Technologies Limited and changed its name to Smart Parking Limited in July 2013. The company is based in Port Melbourne, Australia.
Stock analysis
Smart Parking Ltd (SPZ) currently trades at A$0.7650, while our model-based Fair Value estimate is A$0.7225, so the stock looks roughly fairly valued today (gap 5.9%).
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Valuation
Bull case: the Growth DCF group reads highest at a median of A$1.36 per share, and 15 of the 24 models we run sit above the A$0.7650 price.
Bear case: the Growth Earnings group reads lowest at A$0.5700, and 9 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.4590 (bear) to A$1.21 (bull), the price of A$0.7650 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Smart Parking Ltd reported revenue of A$126M in FY2026 versus A$38.1M in FY2022, a compound +34.8%/yr. Reported net income was A$6.9M in FY2026, compounding +64.0%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap A$320M (≈ $220M) Micro · P/E ratio 46.1 · P/S ratio 3.04 · EPS (TTM) A$0.0166 · Net margin 5.5% · Return on equity 7.5% · Return on assets (EBIT) 19.4% (5-year average) · Operating margin 36.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (low confidence).
What moves the price
The share trades about 46% below its 52-week high and 21% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at −6%, SPZ screens richer than that median.
Fair Value models
All 24 models by family
The fair value above starts from this blend and is adjusted for dilution from new shares.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
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Compare Smart Parking Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Infrastructure Operations · 60 stocks
Valuation Multiplesvs Infrastructure Operations median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- Piotroski F-Score screener with fair value
- Valuation of the Australia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Infrastructure Operations stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Zhejiang Expressway Co 0576 | HK$6.31 | HK$16.44 | +161% | vs SPZ |
| China Merchants Expressway Network & Technology Holdings 001965 | ¥10.37 | ¥13.02 | +26% | vs SPZ |
| Anhui Expressway Company 600012 | ¥17.67 | ¥19.56 | +11% | vs SPZ |
| Guangdong Provincial Expressway Development Co 000429 | ¥13.73 | ¥15.10 | +10% | vs SPZ |
| Shenzhen Expressway Corporation 600548 | ¥8.73 | ¥9.60 | +10% | vs SPZ |
| Sichuan Expressway Company 601107 | ¥7.10 | ¥7.81 | +10% | vs SPZ |
| Jiangsu Expressway Company 600377 | ¥13.88 | ¥14.47 | +4% | vs SPZ |
| Shandong Hi-speed Company 600350 | ¥11.11 | ¥8.02 | −28% | vs SPZ |
| Transurban Group TCL | A$14.67 | A$4.92 | −66% | vs SPZ |
| CUBEINVIT CUBEINVIT | ₹152.44 | ₹44.34 | −71% | vs SPZ |
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