Smart ParkingASX:SPZ +2.50%90 3-Year ROIIC % is 3.63 as of Jun. 2025, which is 82% below its 10-year median of 19.79. GuruFocus rates ASX:SPZ with a GF Score™ of 90/100 and a GF Value™ of A$1.13 (Modestly Undervalued). Among 1,680 Construction companies, Smart Parking ranks worse than 52.38% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Smart Parking's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 3.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Smart Parking's 3-Year ROIIC % or its related term are showing as below:
ASX:SPZ's 3-Year ROIIC % is ranked worse than 52.38% of 1680
companies
in the Construction industry
Industry Median: 4.63
vs ASX:SPZ: 3.63
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Smart Parking 3-Year ROIIC % Related Terms
Smart Parking 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Smart Parking's 3-Year ROIIC % 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 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Smart Parking's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Smart Parking's 3-Year ROIIC % falls into.
Smart Parking's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 6.625137 (Jun. 2025) - 4.0749504 (Jun. 2022) )
/
( 103.218 (Jun. 2025) - 33.021 (Jun. 2022) )
=
2.5501866
/
70.197
=
3.63%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Smart Parking (ASX:SPZ) has a 3-Year ROIIC % of 3.63 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Smart Parking and its competitors. This is 82% below median its historical median of 19.79. According to the industry distribution chart, Smart Parking ranks #880 out of 1680 companies in the Construction industry, placing it in the top 52.4%.
Is Smart Parking's 3-Year ROIIC % too high?
Smart Parking's current 3-Year ROIIC % of 3.63 is 82% below median its 10-year median of 19.79. The Construction industry median 3-Year ROIIC % is 4.63. Smart Parking's value of 3.63 is 21.6% below this industry median. Based on the distribution chart, Smart Parking ranks #880 out of 1680 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 3-Year ROIIC % compare to competitors?
According to the Construction industry distribution chart, Smart Parking ranks #880 out of 1680 companies for 3-Year ROIIC %. This places Smart Parking in the lower half of its industry. The industry median 3-Year ROIIC % is 4.63. Smart Parking's value of 3.63 is 21.6% below this benchmark. While the company's 10-year median is 19.79 vs. the industry median of 4.63, 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 3-Year ROIIC % for a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,680 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Parking's current 3-Year ROIIC % of 3.63 is 21.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Smart Parking and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Parking's current 3-Year ROIIC % is 3.63, which is 82% below median its own 10-year median of 19.79. 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$1.13, compared to a current price of A$0.82 — trading 27.4% below its estimated fair value. The current 3-Year ROIIC % is 3.63, which is 82% below median its 10-year median of 19.79 and 21.6% below the Construction industry median of 4.63. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current 3-Year ROIIC % is 3.63 as of Jun. 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 27.4% below its estimated GF Value™ of A$1.13.
GuruFocus considers Smart Parking to be Modestly Undervalued.
Key valuation signals for ASX:SPZ:
3-Year ROIIC %: 3.63 (82% below median its 10-year median of 19.79)
GF Value™: A$1.13 vs. price of A$0.82 (27.4% below fair value)
Industry Position: 21.6% below the Construction median (#880 of 1680)
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.
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