Financials Smart Parking Limited

Equities

SPZ

AU000000SPZ0

Highways & Rail Tracks

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
0.42 ^AUD	+2.44%		+4.35%	+20.00%

Mar. 05	Australian Shares Close Flat with Negative Bias Ahead of Q4 2023 GDP Data	MT
Mar. 05	Smart Parking Buys UK-Based Local Parking Security For AU$5.8 Million; Shares Jump 16%	MT

Valuation

Fiscal Period: June	2019	2020	2022	2023	2024	2025	2026
Capitalization ¹	24.4	23.46	43.48	59.07	95.79	-	-
Enterprise Value (EV) ¹	17.05	27.68	43.48	59.07	95.96	91.24	84.99
P/E ratio	-14.1 x	-4.57 x	67.1 x	14.6 x	27.2 x	15.3 x	10.7 x
Yield	-	-	-	-	-	-	-
Capitalization / Revenue	1.33 x	1.52 x	-	2.04 x	2.51 x	2.09 x	1.8 x
EV / Revenue	0.93 x	1.79 x	-	2.04 x	2.52 x	1.99 x	1.59 x
EV / EBITDA	98.1 x	-44.3 x	-	7.99 x	9.19 x	6.82 x	4.94 x
EV / FCF	-	-	-	-	817 x	15.8 x	11 x
FCF Yield	-	-	-	-	0.12%	6.31%	9.08%
Price to Book	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	354,798	354,193	350,293	347,794	349,731	-	-
Reference price ²	0.0688	0.0662	0.1241	0.1698	0.2739	0.2739	0.2739
Announcement Date	8/25/19	8/24/20	8/21/22	8/20/23	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2022	2023	2024	2025	2026
Net sales ¹	18.4	15.46	-	28.96	38.11	45.94	53.29
EBITDA ¹	0.1738	-0.6245	-	7.39	10.44	13.38	17.21
EBIT ¹	-1.435	-3.366	-	-	5.778	8.16	11.19
Operating Margin	-7.8%	-21.77%	-	-	15.16%	17.76%	21%
Earnings before Tax (EBT)	-1.507	-5.45	-	-	-	7.124	10.06
Net income ¹	-1.75	-5.212	0.659	4.091	4.07	6.399	8.963
Net margin	-9.51%	-33.71%	-	14.13%	10.68%	13.93%	16.82%
EPS ²	-0.004870	-0.0145	0.001850	0.0117	0.0101	0.0178	0.0257
Free Cash Flow ¹	-	-	-	-	0.1175	5.76	7.718
FCF margin	-	-	-	-	0.31%	12.54%	14.48%
FCF Conversion (EBITDA)	-	-	-	-	1.13%	43.05%	44.86%
FCF Conversion (Net income)	-	-	-	-	2.89%	90.01%	86.12%
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	8/25/19	8/24/20	8/21/22	8/20/23	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2024 S1	2024 S2
Net sales ¹	17.46	21.62
EBITDA ¹	4.936	6.047
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT)	-	-
Net income	-	-
Net margin	-	-
EPS	-	-
Dividend per Share	-	-
Announcement Date	2/18/24	-

¹USD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2022	2023	2024	2025	2026
Net Debt ¹	-	4.21	-	-	0.17	-	-
Net Cash position ¹	7.35	-	-	-	-	4.55	10.8
Leverage (Debt/EBITDA)	-	-6.749 x	-	-	0.0163 x	-	-
Free Cash Flow ¹	-	-	-	-	0.12	5.76	7.72
ROE (net income / shareholders' equity)	-11.2%	-44.6%	-	-	20.8%	24%	26.5%
ROA (Net income/ Total Assets)	-8.56%	-23%	-	-	10.2%	13.9%	15.3%
Assets ¹	20.45	22.63	-	-	39.91	46.04	58.58
Book Value Per Share	-	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	-	-	-	2.84	3.32	3.81
Capex / Sales	-	-	-	-	7.44%	7.23%	7.15%
Announcement Date	8/25/19	8/24/20	8/21/22	8/20/23	-	-	-

¹USD in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Smart Parking Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.2739 USD

Average target price

0.3433 USD

Spread / Average Target

+25.35%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Parking Lot Operators

	1st Jan change	Capi.
SMART PARKING LIMITED	+20.00%	95.79M
PARKIN COMPANY	0.00%	2.16B
PARK24 CO., LTD.	-6.01%	1.84B
SHOUCHENG HOLDINGS LIMITED	-10.83%	1.31B
NIPPON PARKING DEVELOPMENT CO.,LTD.	+1.04%	391M
ALLPARK EMPREENDIMENTOS, PARTICIPAÇÕES E SERVIÇOS S.A.	-16.53%	168M
PARACA INC.	+3.24%	125M
JENKONGKLAI	-9.23%	63.73M

Parking Lot Operators