Smart Parking (ASX:SPZ) Selling, General, & Admin. Expense: A$37.1 Mil (TTM As of Dec. 2025)

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
92 GF Score
Price A$0.74
GF Value A$1.13
Valuation Significantly Undervalued
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What is Smart Parking Selling, General, & Admin. Expense?

Smart Parking ASX:SPZ -1.33% 92 Selling, General, & Admin. Expense is A$37.1 Mil as of Dec. 2025. GuruFocus rates ASX:SPZ with a GF Score™ of 92/100 and a GF Value™ of A$1.13 (Significantly Undervalued).

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Smart Parking's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$19.8 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$37.1 Mil.


Smart Parking  (ASX:SPZ) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Smart Parking Selling, General, & Admin. Expense Related Terms


Smart Parking Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Smart Parking's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Smart Parking Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.17 11.98 14.64 17.89 27.36

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
Selling, General, & Admin. Expense 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 8.18 9.70 10.06 17.30 19.85

Smart Parking Selling, General, & Admin. Expense Competitor Comparison

For the Infrastructure Operations subindustry, Smart Parking's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Smart Parking's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Smart Parking's Selling, General, & Admin. Expense falls into.


ASX:SPZ
92GF Score
Smart Parking Ltd ASX:SPZ
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Parking Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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$37.1 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.

What does a Selling, General, & Admin. Expense of A$37.1 Mil mean?
Smart Parking (ASX:SPZ) has a Selling, General, & Admin. Expense of A$37.1 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Smart Parking and its competitors.
Is Smart Parking's Selling, General, & Admin. Expense too high?
Smart Parking's current Selling, General, & Admin. Expense is A$37.1 Mil. Overall, Smart Parking has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smart Parking's Selling, General, & Admin. Expense compare to competitors?
Smart Parking's Selling, General, & Admin. Expense of A$37.1 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 Selling, General, & Admin. Expense for a Construction company?
A good Selling, General, & Admin. Expense depends on the Construction industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Smart Parking and its competitors. Smart Parking's current Selling, General, & Admin. Expense is A$37.1 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 Significantly Undervalued. The stock's GF Value™ is A$1.13, compared to a current price of A$0.74 — trading 34.5% below its estimated fair value. The current Selling, General, & Admin. Expense is A$37.1 Mil. Smart Parking's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current Selling, General, & Admin. Expense is A$37.1 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$0.74 is trading 34.5% below its estimated GF Value™ of A$1.13. GuruFocus considers Smart Parking to be Significantly Undervalued.

Key valuation signals for ASX:SPZ:

  • Selling, General, & Admin. Expense: A$37.1 Mil
  • GF Value™: A$1.13 vs. price of A$0.74 (34.5% below fair value)
  • GF Score™: 92/100

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.
92GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.74
Price
A$1.13
GF Value