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 -3.33%85 Equity-to-Asset is 0.68 as of Dec. 2025, which is 36% above its 10-year median of 0.50. GuruFocus rates ASX:SPZ with a GF Score™ of 85/100 and a GF Value™ of A$1.15 (Significantly Undervalued). Among 1,786 Construction companies, Smart Parking ranks better than 82.08% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smart Parking's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$90.8 Mil. Smart Parking's Total Assets for the quarter that ended in Dec. 2025 was A$133.0 Mil.
Therefore, Smart Parking's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.68.
The historical rank and industry rank for Smart Parking's Equity-to-Asset or its related term are showing as below:
ASX:SPZ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.5 Max: 0.83
Current: 0.68
During the past 13 years, the highest Equity to Asset Ratio of Smart Parking was 0.83. The lowest was 0.37. And the median was 0.50.
ASX:SPZ's Equity-to-Asset is ranked better than 82.08% of 1786
companies
in the Construction industry
Industry Median: 0.45
vs ASX:SPZ: 0.68
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Smart Parking Equity-to-Asset Related Terms
Smart Parking Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Smart Parking's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Smart Parking's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Smart Parking's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Smart Parking's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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 Equity-to-Asset of 0.68 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Smart Parking and its competitors. This is 36% above median its historical median of 0.50. Over the past decade, Smart Parking's Equity-to-Asset has ranged from 0.37 to 0.83. According to the industry distribution chart, Smart Parking ranks #320 out of 1786 companies in the Construction industry, placing it in the top 17.9%.
Is Smart Parking's Equity-to-Asset too high?
Smart Parking's current Equity-to-Asset of 0.68 is 36% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.83. The Construction industry median Equity-to-Asset is 0.45. Smart Parking's value of 0.68 is 51.1% above this industry median. Based on the distribution chart, Smart Parking ranks #320 out of 1786 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 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Parking's Equity-to-Asset compare to competitors?
According to the Construction industry distribution chart, Smart Parking ranks #320 out of 1786 companies for Equity-to-Asset. This places Smart Parking in the top 18% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.45. Smart Parking's value of 0.68 is 51.1% above this benchmark. Historically, Smart Parking's own Equity-to-Asset has ranged from 0.37 to 0.83 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.45, 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 Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,786 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Parking's current Equity-to-Asset of 0.68 is 51.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Smart Parking and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Parking's current Equity-to-Asset is 0.68, which is 36% above median its own 10-year median of 0.50. 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$1.15, compared to a current price of A$0.73 — trading 37% below its estimated fair value. The current Equity-to-Asset is 0.68, which is 36% above median its 10-year median of 0.50 and 51.1% above the Construction industry median of 0.45. Smart Parking's overall GF Score™ is 85/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current Equity-to-Asset is 0.68 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$0.73 is trading 37% below its estimated GF Value™ of A$1.15.
GuruFocus considers Smart Parking to be Significantly Undervalued.
Key valuation signals for ASX:SPZ:
Equity-to-Asset: 0.68 (36% above median its 10-year median of 0.50)
GF Value™: A$1.15 vs. price of A$0.73 (37% below fair value)
Industry Position: 51.1% above the Construction median (#320 of 1786)
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.
85GF Score
Get the complete analysis for ASX:SPZ
Equity-to-Asset 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 
