Smartpay Holdings Limited (NZE:SPY)

Smartpay Holdings Statistics

Total Valuation

NZE:SPY has a market cap or net worth of NZD 289.12 million. The enterprise value is 298.22 million.

Market Cap	289.12M
Enterprise Value	298.22M

Important Dates

The last earnings date was Monday, November 24, 2025.

Earnings Date	Nov 24, 2025
Ex-Dividend Date	n/a

Share Statistics

NZE:SPY has 241.94 million shares outstanding. The number of shares has increased by 1.29% in one year.

Current Share Class	241.94M
Shares Outstanding	241.94M
Shares Change (YoY)	+1.29%
Shares Change (QoQ)	+0.62%
Owned by Insiders (%)	6.34%
Owned by Institutions (%)	51.77%
Float	179.32M

Valuation Ratios

PE Ratio	n/a
Forward PE	40.72
PS Ratio	2.76
PB Ratio	5.59
P/TBV Ratio	28.15
P/FCF Ratio	96.66
P/OCF Ratio	24.08
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 25.86, with an EV/FCF ratio of 99.70.

EV / Earnings	-412.47
EV / Sales	2.85
EV / EBITDA	25.86
EV / EBIT	222.38
EV / FCF	99.70

Financial Position

The company has a current ratio of 0.73, with a Debt / Equity ratio of 0.41.

Current Ratio	0.73
Quick Ratio	0.39
Debt / Equity	0.41
Debt / EBITDA	1.84
Debt / FCF	7.08
Interest Coverage	0.88

Financial Efficiency

Return on equity (ROE) is -1.39% and return on invested capital (ROIC) is 1.19%.

Return on Equity (ROE)	-1.39%
Return on Assets (ROA)	0.64%
Return on Invested Capital (ROIC)	1.19%
Return on Capital Employed (ROCE)	1.88%
Revenue Per Employee	453,338
Profits Per Employee	-3,130
Employee Count	231
Asset Turnover	0.81
Inventory Turnover	n/a

Taxes

In the past 12 months, NZE:SPY has paid 611,000 in taxes.

Income Tax	611,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +75.74% in the last 52 weeks. The beta is 1.19, so NZE:SPY's price volatility has been higher than the market average.

Beta (5Y)	1.19
52-Week Price Change	+75.74%
50-Day Moving Average	1.17
200-Day Moving Average	0.95
Relative Strength Index (RSI)	61.14
Average Volume (20 Days)	179,957

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NZE:SPY had revenue of NZD 104.72 million and -723,000 in losses. Loss per share was -0.00.

Revenue	104.72M
Gross Profit	25.07M
Operating Income	1.34M
Pretax Income	-112,000
Net Income	-723,000
EBITDA	9.65M
EBIT	1.34M
Loss Per Share	-0.00

Balance Sheet

The company has 12.08 million in cash and 21.17 million in debt, giving a net cash position of -9.10 million or -0.04 per share.

Cash & Cash Equivalents	12.08M
Total Debt	21.17M
Net Cash	-9.10M
Net Cash Per Share	-0.04
Equity (Book Value)	51.68M
Book Value Per Share	0.21
Working Capital	-10.10M

Cash Flow

In the last 12 months, operating cash flow was 12.01 million and capital expenditures -9.02 million, giving a free cash flow of 2.99 million.

Operating Cash Flow	12.01M
Capital Expenditures	-9.02M
Free Cash Flow	2.99M
FCF Per Share	0.01

Margins

Gross margin is 23.94%, with operating and profit margins of 1.28% and -0.69%.

Gross Margin	23.94%
Operating Margin	1.28%
Pretax Margin	-0.11%
Profit Margin	-0.69%
EBITDA Margin	9.21%
EBIT Margin	1.28%
FCF Margin	2.86%

Dividends & Yields

NZE:SPY does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1.29%
Shareholder Yield	-1.29%
Earnings Yield	-0.25%
FCF Yield	1.03%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on August 16, 2013. It was a reverse split with a ratio of 0.5.

Last Split Date	Aug 16, 2013
Split Type	Reverse
Split Ratio	0.5

Scores

NZE:SPY has an Altman Z-Score of 2.82 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.82
Piotroski F-Score	3