Smart Parking (ASX:SPZ) Scaled Net Operating Assets: 0.56 (As of Dec. 2025)


ASX:SPZ Smart Parking Ltd ASX:SPZ
90 GF Score
Price A$0.84
GF Value A$1.12
Valuation Modestly Undervalued
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What is Smart Parking Scaled Net Operating Assets?

Smart Parking ASX:SPZ +1.82% 90 Scaled Net Operating Assets is 0.56 as of Dec. 2025. GuruFocus rates ASX:SPZ with a GF Score™ of 90/100 and a GF Value™ of A$1.12 (Modestly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Smart Parking's operating assets for the quarter that ended in Dec. 2025 was A$107.5 Mil. Smart Parking's operating liabilities for the quarter that ended in Dec. 2025 was A$33.6 Mil. Smart Parking's Total Assets for the quarter that ended in Jun. 2025 was A$132.1 Mil. Therefore, Smart Parking's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.56.


Smart Parking Scaled Net Operating Assets Historical Data

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The historical data trend for Smart Parking's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Smart Parking Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.56 0.61 0.54 1.32

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
Scaled Net Operating Assets 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 0.57 0.54 0.58 1.24 0.56

Smart Parking Scaled Net Operating Assets Competitor Comparison

For the Infrastructure Operations subindustry, Smart Parking's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Smart Parking's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Smart Parking's Scaled Net Operating Assets falls into.


ASX:SPZ
90GF Score
Smart Parking Ltd ASX:SPZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Parking Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Smart Parking's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(110.684-33.802)/58.142
=1.32

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=132.063 - 21.379
=110.684

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.289 - 7.56 - 2.927
=33.802

Smart Parking's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(107.498-33.607)/132.063
=0.56

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=132.964 - 25.466
=107.498

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.155 - 5.931 - 2.617
=33.607

* 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 Scaled Net Operating Assets of 0.56 mean?
Smart Parking (ASX:SPZ) has a Scaled Net Operating Assets of 0.56 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Smart Parking and its competitors.
Is Smart Parking's Scaled Net Operating Assets too high?
Smart Parking's current Scaled Net Operating Assets is 0.56. 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 Scaled Net Operating Assets compare to competitors?
Smart Parking's Scaled Net Operating Assets of 0.56 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 Scaled Net Operating Assets for a Construction company?
A good Scaled Net Operating Assets depends on the Construction industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Smart Parking and its competitors. Smart Parking's current Scaled Net Operating Assets is 0.56. 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$0.84 — trading 25% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Smart Parking (ASX:SPZ), the current Scaled Net Operating Assets is 0.56 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$0.84 is trading 25% below its estimated GF Value™ of A$1.12. GuruFocus considers Smart Parking to be Modestly Undervalued.

Key valuation signals for ASX:SPZ:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: A$1.12 vs. price of A$0.84 (25% below fair value)
  • GF Score™: 90/100

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.
90GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.84
Price
A$1.12
GF Value