This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Smart Parking's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.142. Smart Parking's 10-Year median PS Ratio is 2.1831. Therefore, the Median PS Value for today is A$0.31.
As of today (2024-05-15), Smart Parking's share price is A$0.46. Smart Parking's Median PS Value is A$0.31. Therefore, Smart Parking's Price to Median PS Value for today is 1.48.
The historical rank and industry rank for Smart Parking's Median PS Value or its related term are showing as below:
ASX:SPZ'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.56 Med: 0.82 Max: 1.48
Current: 1.48
During the past 13 years, the highest Price to Median PS Value of Smart Parking was 1.48. The lowest was 0.56. And the median was 0.82.
ASX:SPZ's Price-to-Median-PS-Value is ranked worse than 72.56% of 944
companies
in the Construction industry
Industry Median: 1.06
vs ASX:SPZ: 1.48
Smart Parking Median PS Value Historical Data
The historical data trend for Smart Parking's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Smart Parking's Median PS Value
For the Infrastructure Operations subindustry, Smart Parking's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Smart Parking's Price-to-Median-PS-Value Distribution in the Construction Industry
For the Construction industry and Industrials sector, Smart Parking's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Smart Parking's Price-to-Median-PS-Value falls into.
Smart Parking Median PS Value Calculation
Smart Parking's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.1831.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Parking's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.142.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Smart Parking (ASX:SPZ) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Smart Parking's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.46
/
0.31
=
1.48
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Smart Parking Median PS Value Related Terms
Thank you for viewing the detailed overview of Smart Parking's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.
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