Smart Parking (ASX:SPZ) EBIT: A$10.6 Mil (TTM As of Dec. 2025)


ASX:SPZ Smart Parking Ltd ASX:SPZ
90 GF Score
Price A$0.82
GF Value A$1.12
Valuation Modestly Undervalued
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What is Smart Parking EBIT?

Smart Parking ASX:SPZ +4.46% 90 EBIT is A$10.6 Mil as of Dec. 2025. GuruFocus rates ASX:SPZ with a GF Score™ of 90/100 and a GF Value™ of A$1.12 (Modestly Undervalued).

Smart Parking's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$8.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$10.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Smart Parking's annualized ROC % for the quarter that ended in Dec. 2025 was 10.77%. Smart Parking's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 69.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Smart Parking's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.24%.

Smart Parking  (ASX:SPZ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Smart Parking's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=18.178 * ( 1 - 39.98% )/( (103.218 + 99.447)/ 2 )
=10.9104356/101.3325
=10.77 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=132.063 - 21.831 - ( 21.379 - max(0, 34.249 - 41.263+21.379))
=103.218

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=132.964 - 20.93 - ( 25.466 - max(0, 34.075 - 46.662+25.466))
=99.447

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Smart Parking's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.054/( ( (23.923 + max(-25.027, 0)) + (22.429 + max(-10.262, 0)) )/ 2 )
=16.054/( ( 23.923 + 22.429 )/ 2 )
=16.054/23.176
=69.27 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.983 + 0.19 + 2.122) - (21.831 + 1.217 + 8.274)
=-25.027

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.087 + 0.109 + -7.105427357601E-15) - (20.93 + 1.701 + 8.827)
=-10.262

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Smart Parking's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=10.617/327.999
=3.24 %

* 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 EBIT Related Terms

Smart Parking EBIT Historical Data

* Premium members only.

The historical data trend for Smart Parking's EBIT 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.

Smart Parking EBIT Chart

Smart Parking Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.56 2.92 6.84 6.17 7.48

Smart Parking Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.64 2.53 4.89 2.59 8.03

Smart Parking EBIT Competitor Comparison

For the Infrastructure Operations subindustry, Smart Parking's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Smart Parking's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Smart Parking's EV-to-EBIT falls into.


ASX:SPZ
90GF Score
Smart Parking Ltd ASX:SPZ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Parking EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$10.6 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$10.6 Mil mean?
Smart Parking (ASX:SPZ) has a EBIT of A$10.6 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Smart Parking.
Is Smart Parking's EBIT too high?
Smart Parking's current EBIT is A$10.6 Mil. Overall, Smart Parking has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Parking's EBIT compare to competitors?
Smart Parking's EBIT of A$10.6 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Smart Parking. Smart Parking's current EBIT is A$10.6 Mil. 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 Modestly Undervalued. The stock's GF Value™ is A$1.12, compared to a current price of A$0.82 — trading 26.8% below its estimated fair value. The current EBIT is A$10.6 Mil. Smart Parking's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current EBIT is A$10.6 Mil 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$0.82 is trading 26.8% below its estimated GF Value™ of A$1.12. GuruFocus considers Smart Parking to be Modestly Undervalued.

Key valuation signals for ASX:SPZ:

  • EBIT: A$10.6 Mil
  • GF Value™: A$1.12 vs. price of A$0.82 (26.8% below fair value)
  • GF Score™: 90/100

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 Business Description

Other Exchanges E8Q:Germany
Address 85 Dundas Place, Albert Park, VIC, AUS, 3206
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.
90GF Score

Get the complete analysis for ASX:SPZ

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.82
Price
A$1.12
GF Value