Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Smart ParkingASX:SPZ 91 Debt-to-Equity is 0.09 as of Dec. 2025, which is 74% below its 10-year median of 0.34. GuruFocus rates ASX:SPZ with a GF Score™ of 91/100 and a GF Value™ of A$1.14 (Significantly Undervalued). Among 1,611 Construction companies, Smart Parking ranks better than 81.38% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Smart Parking's Debt-to-Equity or its related term are showing as below:
ASX:SPZ'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.34 Max: 0.96
Current: 0.09
During the past 13 years, the highest Debt-to-Equity Ratio of Smart Parking was 0.96. The lowest was 0.00. And the median was 0.34.
ASX:SPZ's Debt-to-Equity is ranked better than 81.38% of 1611
companies
in the Construction industry
Industry Median: 0.41
vs ASX:SPZ: 0.09
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Smart Parking Debt-to-Equity Related Terms
Smart Parking Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Smart Parking's Debt-to-Equity 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.
For the Infrastructure Operations subindustry, Smart Parking's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Smart Parking's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Smart Parking's Debt-to-Equity falls into.
* 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) has a Debt-to-Equity of 0.09 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Smart Parking and its competitors. This is 74% below median its historical median of 0.34. According to the industry distribution chart, Smart Parking ranks #300 out of 1611 companies in the Construction industry, placing it in the top 18.6%.
Is Smart Parking's Debt-to-Equity too high?
Smart Parking's current Debt-to-Equity of 0.09 is 74% below median its 10-year median of 0.34. The Construction industry median Debt-to-Equity is 0.41. Smart Parking's value of 0.09 is 78% below this industry median. Based on the distribution chart, Smart Parking ranks #300 out of 1611 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Smart Parking has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Parking's Debt-to-Equity compare to competitors?
According to the Construction industry distribution chart, Smart Parking ranks #300 out of 1611 companies for Debt-to-Equity. This places Smart Parking in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Smart Parking's value of 0.09 is 78% below this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.41, Smart Parking has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Parking's current Debt-to-Equity of 0.09 is 78% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Smart Parking and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Parking's current Debt-to-Equity is 0.09, which is 74% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Parking stock overvalued right now?
Based on GuruFocus' analysis, Smart Parking (ASX:SPZ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.14, compared to a current price of A$0.68 — trading 40.4% below its estimated fair value. The current Debt-to-Equity is 0.09, which is 74% below median its 10-year median of 0.34 and 78% below the Construction industry median of 0.41. Smart Parking's overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current Debt-to-Equity is 0.09 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Smart Parking (ASX:SPZ) Overvalued in 2026?
Based on GuruFocus' analysis, Smart Parking stock appears to be undervalued.
The current stock price of A$0.68 is trading 40.4% below its estimated GF Value™ of A$1.14.
GuruFocus considers Smart Parking to be Significantly Undervalued.
Key valuation signals for ASX:SPZ:
Debt-to-Equity: 0.09 (74% below median its 10-year median of 0.34)
GF Value™: A$1.14 vs. price of A$0.68 (40.4% below fair value)
Industry Position: 78% below the Construction median (#300 of 1611)
No single metric tells the full story. See the ASX:SPZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 presence in North America; UK and Europe; Asia, and Australia.
91GF Score
Get the complete analysis for ASX:SPZ
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:SPZ has been successfully added to your 
