Smart Parking (ASX:SPZ) EV-to-OCF: 11.96 (As of Jul. 31, 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:SPZ Smart Parking Ltd ASX:SPZ
88 GF Score
Price A$0.71
GF Value A$1.14
Valuation Significantly Undervalued
View Full Analysis

What is Smart Parking EV-to-OCF?

Smart Parking ASX:SPZ +5.97% 88 EV-to-OCF is 11.96 as of Jul. 31, 2026, which is 15% below its 10-year median of 14.11. GuruFocus rates ASX:SPZ with a GF Score™ of 88/100 and a GF Value™ of A$1.14 (Significantly Undervalued). Among 1,785 Construction companies, Smart Parking ranks worse than 62.8% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Smart Parking's Enterprise Value is A$281.7 Mil. Smart Parking's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$23.6 Mil. Therefore, Smart Parking's EV-to-OCF for today is 11.96.

The historical rank and industry rank for Smart Parking's EV-to-OCF or its related term are showing as below:

ASX:SPZ' s EV-to-OCF Range Over the Past 10 Years
Min: -220.64   Med: 14.11   Max: 274.67
Current: 10.88

During the past 13 years, the highest EV-to-OCF of Smart Parking was 274.67. The lowest was -220.64. And the median was 14.11.

ASX:SPZ's EV-to-OCF is ranked worse than
62.8% of 1785 companies
in the Construction industry
Industry Median: 6.85 vs ASX:SPZ: 10.88

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-31), Smart Parking's stock price is A$0.71. Smart Parking's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.013. Therefore, Smart Parking's PE Ratio (TTM) for today is 54.62.


Smart Parking  (ASX:SPZ) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Smart Parking's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.71/0.013
=54.62

Smart Parking's share price for today is A$0.71.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Parking's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.013.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Smart Parking EV-to-OCF Related Terms


Smart Parking EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Smart Parking's EV-to-OCF 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 EV-to-OCF Chart

Smart Parking Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.99 6.80 10.20 12.30 19.90

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
EV-to-OCF 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 0.00 12.30 0.00 19.90 0.00

Smart Parking EV-to-OCF Competitor Comparison

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

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

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


ASX:SPZ
88GF Score
Smart Parking Ltd ASX:SPZ
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart Parking EV-to-OCF Calculation

Smart Parking's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=281.730/23.565
=11.96

Smart Parking's current Enterprise Value is A$281.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Parking's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$23.6 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 EV-to-OCF →
What does a EV-to-OCF of 11.96 mean?
Smart Parking (ASX:SPZ) has a EV-to-OCF of 11.96 as of Jul. 31, 2026. This is 15% below median its historical median of 14.11. According to the industry distribution chart, Smart Parking ranks #1121 out of 1785 companies in the Construction industry, placing it in the top 62.8%.
Is Smart Parking's EV-to-OCF too high?
Smart Parking's current EV-to-OCF of 11.96 is 15% below median its 10-year median of 14.11. The Construction industry median EV-to-OCF is 6.85. Smart Parking's value of 11.96 is 74.6% above this industry median. Based on the distribution chart, Smart Parking ranks #1121 out of 1785 companies in the Construction industry, which is below the industry midpoint. Overall, Smart Parking has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Parking's EV-to-OCF compare to competitors?
According to the Construction industry distribution chart, Smart Parking ranks #1121 out of 1785 companies for EV-to-OCF. This places Smart Parking in the lower half of its industry. The industry median EV-to-OCF is 6.85. Smart Parking's value of 11.96 is 74.6% above this benchmark. While the company's 10-year median is 14.11 vs. the industry median of 6.85, Smart Parking has consistently been above 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 EV-to-OCF for a Construction company?
The median EV-to-OCF among Construction companies is 6.85, based on 1,785 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Parking's current EV-to-OCF of 11.96 is 74.6% above 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median EV-to-OCF is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Parking's current EV-to-OCF is 11.96, which is 15% below median its own 10-year median of 14.11. 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$0.71 — trading 37.7% below its estimated fair value. The current EV-to-OCF is 11.96, which is 15% below median its 10-year median of 14.11 and 74.6% above the Construction industry median of 6.85. Smart Parking's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current EV-to-OCF is 11.96 as of Jul. 31, 2026. 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$0.71 is trading 37.7% below its estimated GF Value™ of A$1.14. GuruFocus considers Smart Parking to be Significantly Undervalued.

Key valuation signals for ASX:SPZ:

  • EV-to-OCF: 11.96 (15% below median its 10-year median of 14.11)
  • GF Value™: A$1.14 vs. price of A$0.71 (37.7% below fair value)
  • GF Score™: 88/100
  • Industry Position: 74.6% above the Construction median (#1121 of 1785)

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.
88GF Score

Get the complete analysis for ASX:SPZ

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

A$0.71
Price
A$1.14
GF Value