(SMP) Standard Motor Products - Overview
Sector: Consumer Cyclical | Industry: Auto Parts | Exchange: NYSE (USA) | Market Cap: 838m USD | Total Return: 31.4% in 12m
Avg Turnover: 4.03M
EPS Trend: 81.9%
Qual. Beats: 0
Rev. Trend: 93.9%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Standard Motor Products, Inc. (SMP) is a global manufacturer and distributor of premium automotive replacement parts, primarily serving the aftermarket and original equipment channels. Founded in 1919 and headquartered in New York, the company operates through four distinct segments: Vehicle Control, Temperature Control, Nissens Automotive, and Engineered Solutions. Its product portfolio includes critical components for ignition, fuel delivery, emissions, and thermal management.
The company operates within the automotive aftermarket sector, a business model that typically benefits from an aging vehicle fleet, as older cars require more frequent repairs and component replacements. SMP has diversified its revenue streams by expanding into the Engineered Solutions segment, providing specialized electronics and thermal products for commercial, agricultural, and marine industries. Investors may find it useful to evaluate the companys historical performance trends on ValueRay.
SMP distributes its products to a broad customer base, including large retail chains, warehouse distributors, and original equipment manufacturers (OEMs). By maintaining production facilities in North America, Europe, and Asia, the company mitigates regional supply chain risks while supporting a complex catalog of sensors, actuators, and advanced driver assistance systems (ADAS) components.
- Aging vehicle fleet increases demand for aftermarket replacement parts
- Acquisition of Nissens Automotive expands European market footprint and thermal segments
- Rising raw material and labor costs pressure operating profit margins
- Transition to electric vehicles reduces long-term demand for internal combustion components
- Diversification into engineered solutions mitigates reliance on traditional automotive retail channels
| Net Income: 45.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.93 > 1.0 |
| NWC/Revenue: 33.82% < 20% (prev 37.44%; Δ -3.62% < -1%) |
| CFO/TA 0.04 > 3% & CFO 75.7m > Net Income 45.9m |
| Net Debt (780.1m) to EBITDA (229.0m): 3.41 < 3 |
| Current Ratio: 2.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (22.7m) vs 12m ago 1.79% < -2% |
| Gross Margin: 30.61% > 18% (prev 0.29%; Δ 3.03k% > 0.5%) |
| Asset Turnover: 92.04% > 50% (prev 80.26%; Δ 11.78% > 0%) |
| Interest Coverage Ratio: 5.79 > 6 (EBITDA TTM 229.0m / Interest Expense TTM 31.8m) |
| A: 0.30 (Total Current Assets 1.12b - Total Current Liabilities 501.1m) / Total Assets 2.05b |
| B: 0.29 (Retained Earnings 599.3m / Total Assets 2.05b) |
| C: 0.09 (EBIT TTM 184.1m / Avg Total Assets 1.99b) |
| D: 0.49 (Book Value of Equity 658.8m / Total Liabilities 1.34b) |
| Altman-Z'' = 4.07 = AA |
| DSRI: 0.94 (Receivables 313.0m/280.8m, Revenue 1.83b/1.55b) |
| GMI: 0.94 (GM 30.61% / 28.87%) |
| AQI: 0.97 (AQ_t 0.31 / AQ_t-1 0.32) |
| SGI: 1.18 (Revenue 1.83b / 1.55b) |
| TATA: -0.01 (NI 45.9m - CFO 75.7m) / TA 2.05b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 37.90 with a total of 44,719 shares traded.
Over the past week, the price has changed by +2.43%,
over one month by -0.97%,
over three months by -13.49% and
over the past year by +31.42%.
Standard Motor Products has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy SMP.
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 48.3 | 27.5% |
P/E Trailing = 10.1183
P/E Forward = 8.4388
P/S = 0.4582
P/B = 1.192
P/EG = 0.5281
Revenue TTM = 1.83b USD
EBIT TTM = 184.1m USD
EBITDA TTM = 229.0m USD
Long Term Debt = 609.2m USD (from longTermDebt, last quarter)
Short Term Debt = 49.4m USD (from shortTermDebt, last quarter)
Debt = 839.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 90.3m
Net Debt = 780.1m USD (calculated: Debt 839.3m - CCE 59.2m)
Enterprise Value = 1.62b USD (838.0m + Debt 839.3m - CCE 59.2m)
Interest Coverage Ratio = 5.79 (Ebit TTM 184.1m / Interest Expense TTM 31.8m)
EV/FCF = 41.07x (Enterprise Value 1.62b / FCF TTM 39.4m)
FCF Yield = 2.43% (FCF TTM 39.4m / Enterprise Value 1.62b)
FCF Margin = 2.15% (FCF TTM 39.4m / Revenue TTM 1.83b)
Net Margin = 2.51% (Net Income TTM 45.9m / Revenue TTM 1.83b)
Gross Margin = 30.61% ((Revenue TTM 1.83b - Cost of Revenue TTM 1.27b) / Revenue TTM)
Gross Margin QoQ = 30.85% (prev 30.46%)
Tobins Q-Ratio = 0.79 (Enterprise Value 1.62b / Total Assets 2.05b)
Interest Expense / Debt = 3.79% (Interest Expense 31.8m / Debt 839.3m)
Taxrate = 26.98% (6.83m / 25.3m)
NOPAT = 134.4m (EBIT 184.1m * (1 - 26.98%))
Current Ratio = 2.23 (Total Current Assets 1.12b / Total Current Liabilities 501.1m)
Debt / Equity = 1.21 (Debt 839.3m / totalStockholderEquity, last quarter 693.3m)
Debt / EBITDA = 3.41 (Net Debt 780.1m / EBITDA 229.0m)
Debt / FCF = 19.80 (Net Debt 780.1m / FCF TTM 39.4m)
Total Stockholder Equity = 685.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.31% (Net Income 45.9m / Total Assets 2.05b)
RoE = 6.69% (Net Income TTM 45.9m / Total Stockholder Equity 685.8m)
RoCE = 14.22% (EBIT 184.1m / Capital Employed (Equity 685.8m + L.T.Debt 609.2m))
RoIC = 8.42% (NOPAT 134.4m / Invested Capital 1.60b)
WACC = 6.15% (E(838.0m)/V(1.68b) * Re(9.54%) + D(839.3m)/V(1.68b) * Rd(3.79%) * (1-Tc(0.27)))
Discount Rate = 9.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 33.33 | Cagr: 0.81%
[DCF] Terminal Value 77.97% ; FCFF base≈31.3m ; Y1≈35.9m ; Y5≈52.8m
[DCF] Fair Price = 0.64 (EV 794.4m - Net Debt 780.1m = Equity 14.3m / Shares 22.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 81.90 | EPS CAGR: 13.11% | SUE: 0.50 | # QB: 0
Revenue Correlation: 93.92 | Revenue CAGR: 12.81% | SUE: 1.12 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.39 | Chg30d=-3.69% | Revisions=-43% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.61 | Chg30d=-0.62% | Revisions=-14% | Analysts=3
EPS current Year (2026-12-31): EPS=4.40 | Chg30d=+0.08% | Revisions=+0% | GrowthEPS=+9.4% | GrowthRev=+4.7%
EPS next Year (2027-12-31): EPS=4.94 | Chg30d=+0.41% | Revisions=+33% | GrowthEPS=+12.3% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: -43%