Standard Motor Products, Inc. (SMP)
NYSE: SMP · IEX Real-Time Price · USD
26.78
-0.26 (-0.96%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Standard Motor Products Statistics

Total Valuation

SMP has a market cap or net worth of $584.20 million. The enterprise value is $862.65 million.

Market Cap 584.20M
Enterprise Value 862.65M

Important Dates

The next estimated earnings date is Wednesday, July 31, 2024, before market open.

Earnings Date Jul 31, 2024
Ex-Dividend Date May 14, 2024

Share Statistics

SMP has 21.81 million shares outstanding. The number of shares has increased by 1.24% in one year.

Shares Outstanding 21.81M
Shares Change (YoY) +1.24%
Shares Change (QoQ) +1.46%
Owned by Insiders (%) 4.70%
Owned by Institutions (%) 83.11%
Float 19.31M

Valuation Ratios

The trailing PE ratio is 19.27 and the forward PE ratio is 8.44. SMP's PEG ratio is 2.34.

PE Ratio 19.27
Forward PE 8.44
PS Ratio 0.43
Forward PS 0.41
PB Ratio 0.91
P/FCF Ratio 6.90
PEG Ratio 2.34
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.68, with an EV/FCF ratio of 10.19.

EV / Earnings 27.78
EV / Sales 0.63
EV / EBITDA 9.68
EV / EBIT 14.41
EV / FCF 10.19

Financial Position

The company has a current ratio of 2.66, with a Debt / Equity ratio of 0.48.

Current Ratio 2.66
Quick Ratio 0.77
Debt / Equity 0.48
Debt / EBITDA 3.43
Debt / FCF 3.61
Interest Coverage 5.21

Financial Efficiency

Return on equity (ROE) is 4.90% and return on invested capital (ROIC) is 5.87%.

Return on Equity (ROE) 4.90%
Return on Assets (ROA) 2.40%
Return on Capital (ROIC) 5.87%
Revenue Per Employee $261,855
Profits Per Employee $5,972
Employee Count 5,200
Asset Turnover 1.04
Inventory Turnover 1.80

Taxes

In the past 12 months, SMP has paid $17.34 million in taxes.

Income Tax 17.34M
Effective Tax Rate 35.83%

Stock Price Statistics

The stock price has decreased by -29.47% in the last 52 weeks. The beta is 0.55, so SMP's price volatility has been lower than the market average.

Beta (5Y) 0.55
52-Week Price Change -29.47%
50-Day Moving Average 30.41
200-Day Moving Average 34.32
Relative Strength Index (RSI) 29.06
Average Volume (20 Days) 233,509

Short Selling Information

The latest short interest is 633,644, so 2.90% of the outstanding shares have been sold short.

Short Interest 633,644
Short Previous Month 667,484
Short % of Shares Out 2.90%
Short % of Float 3.28%
Short Ratio (days to cover) 4.69

Income Statement

In the last 12 months, SMP had revenue of $1.36 billion and earned $31.05 million in profits. Earnings per share was $1.39.

Revenue 1.36B
Gross Profit 387.08M
Operating Income 86.48M
Pretax Income 48.39M
Net Income 31.05M
EBITDA 89.13M
EBIT 59.88M
Earnings Per Share (EPS) $1.39
Full Income Statement

Balance Sheet

The company has $27.11 million in cash and $305.57 million in debt, giving a net cash position of -$278.46 million or -$12.76 per share.

Cash & Cash Equivalents 27.11M
Total Debt 305.57M
Net Cash -278.46M
Net Cash Per Share -$12.76
Equity (Book Value) 639.15M
Book Value Per Share 29.30
Working Capital 497.22M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $118.99 million and capital expenditures -$34.36 million, giving a free cash flow of $84.63 million.

Operating Cash Flow 118.99M
Capital Expenditures -34.36M
Free Cash Flow 84.63M
FCF Per Share $3.86
Full Cash Flow Statement

Margins

Gross margin is 28.43%, with operating and profit margins of 6.35% and 2.28%.

Gross Margin 28.43%
Operating Margin 6.35%
Pretax Margin 3.55%
Profit Margin 2.28%
EBITDA Margin 6.55%
EBIT Margin 4.40%
FCF Margin 6.22%

Dividends & Yields

This stock pays an annual dividend of $1.16, which amounts to a dividend yield of 4.33%.

Dividend Per Share $1.16
Dividend Yield 4.33%
Dividend Growth (YoY) 3.57%
Years of Dividend Growth 3
Payout Ratio 83.45%
Buyback Yield -1.24%
Shareholder Yield 3.09%
Earnings Yield 5.32%
FCF Yield 14.49%
Dividend Details

Analyst Forecast

The average price target for SMP is $42.00, which is 56.83% higher than the current price. The consensus rating is "Strong Buy".

Price Target $42.00
Price Target Difference 56.83%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 2, 1983. It was a forward split with a ratio of 5:2.

Last Split Date Dec 2, 1983
Split Type Forward
Split Ratio 5:2

Scores

SMP has an Altman Z-Score of 2.69 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.69
Piotroski F-Score 6