Smart ParkingASX:SPZ +0.61%90 Interest Coverage is 10.05 as of Dec. 2025, which is 5% below its 10-year median of 10.62. GuruFocus rates ASX:SPZ with a GF Score™ of 90/100 and a GF Value™ of A$1.12 (Modestly Undervalued). Among 1,354 Construction companies, Smart Parking ranks worse than 50.96% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Smart Parking's
Operating Income
for the
six
months ended in Dec. 2025 was A$9.1 Mil. Smart Parking's Interest Expense for the
six
months ended in Dec. 2025 was A$-0.9 Mil.
Smart Parking's interest coverage for the quarter that ended in Dec. 2025 was 10.05.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Smart Parking's Interest Coverage or its related term are showing as below:
ASX:SPZ'
s Interest Coverage Range Over the Past 10 Years
Min: 7.45 Med: 10.62 Max: 66.71
Current: 7.5
ASX:SPZ's Interest Coverage is ranked worse than 50.96% of 1354
companies
in the Construction industry
Industry Median: 7.865
vs ASX:SPZ: 7.50
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Smart Parking Interest Coverage Related Terms
Smart Parking Interest Coverage Historical Data
* Premium members only.
The historical data trend for Smart Parking's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Infrastructure Operations subindustry, Smart Parking's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Smart Parking's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Smart Parking's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 10.05 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smart Parking and its competitors. This is near median its historical median of 10.62. Over the past decade, Smart Parking's Interest Coverage has ranged from 7.45 to 66.71. According to the industry distribution chart, Smart Parking ranks #690 out of 1354 companies in the Construction industry, placing it in the top 51%.
Is Smart Parking's Interest Coverage too high?
Smart Parking's current Interest Coverage of 10.05 is near median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 66.71. The Construction industry median Interest Coverage is 7.87. Smart Parking's value of 10.05 is 27.8% above this industry median. Based on the distribution chart, Smart Parking ranks #690 out of 1354 companies in the Construction industry, which is below the industry midpoint. 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 Interest Coverage compare to competitors?
According to the Construction industry distribution chart, Smart Parking ranks #690 out of 1354 companies for Interest Coverage. This places Smart Parking in the lower half of its industry. The industry median Interest Coverage is 7.87. Smart Parking's value of 10.05 is 27.8% above this benchmark. Historically, Smart Parking's own Interest Coverage has ranged from 7.45 to 66.71 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 7.87, 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Parking's current Interest Coverage of 10.05 is 27.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smart Parking and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Parking's current Interest Coverage is 10.05, which is near median its own 10-year median of 10.62. 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$0.83 — trading 26.3% below its estimated fair value. The current Interest Coverage is 10.05, which is near median its 10-year median of 10.62 and 27.8% above the Construction industry median of 7.87. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current Interest Coverage is 10.05 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$0.83 is trading 26.3% below its estimated GF Value™ of A$1.12.
GuruFocus considers Smart Parking to be Modestly Undervalued.
Key valuation signals for ASX:SPZ:
Interest Coverage: 10.05 (near median its 10-year median of 10.62)
GF Value™: A$1.12 vs. price of A$0.83 (26.3% below fair value)
Industry Position: 27.8% above the Construction median (#690 of 1354)
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.
90GF Score
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