Standard Motor Products, Inc. (SMP)
NYSE: SMP · Real-Time Price · USD
30.72
-0.30 (-0.97%)
Dec 20, 2024, 4:00 PM EST - Market closed

Standard Motor Products Statistics

Total Valuation

SMP has a market cap or net worth of $667.29 million. The enterprise value is $886.90 million.

Market Cap 667.29M
Enterprise Value 886.90M

Important Dates

The last earnings date was Wednesday, October 30, 2024, before market open.

Earnings Date Oct 30, 2024
Ex-Dividend Date Nov 15, 2024

Share Statistics

SMP has 21.72 million shares outstanding. The number of shares has increased by 0.04% in one year.

Current Share Class 21.72M
Shares Outstanding 21.72M
Shares Change (YoY) +0.04%
Shares Change (QoQ) -0.14%
Owned by Insiders (%) 8.58%
Owned by Institutions (%) 80.89%
Float 19.85M

Valuation Ratios

The trailing PE ratio is 11.05 and the forward PE ratio is 9.21.

PE Ratio 11.05
Forward PE 9.21
PS Ratio 0.47
Forward PS 0.46
PB Ratio 1.04
P/TBV Ratio 1.60
P/FCF Ratio 14.90
P/OCF Ratio 7.45
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.26, with an EV/FCF ratio of 19.81.

EV / Earnings 24.55
EV / Sales 0.63
EV / EBITDA 5.26
EV / EBIT 6.35
EV / FCF 19.81

Financial Position

The company has a current ratio of 2.25, with a Debt / Equity ratio of 0.38.

Current Ratio 2.25
Quick Ratio 0.69
Debt / Equity 0.38
Debt / EBITDA 1.31
Debt / FCF 5.49
Interest Coverage 13.33

Financial Efficiency

Return on equity (ROE) is 9.62% and return on invested capital (ROIC) is 9.72%.

Return on Equity (ROE) 9.62%
Return on Assets (ROA) 6.59%
Return on Capital (ROIC) 9.72%
Revenue Per Employee $271,395
Profits Per Employee $6,948
Employee Count 5,200
Asset Turnover 1.06
Inventory Turnover 1.97

Taxes

In the past 12 months, SMP has paid $18.43 million in taxes.

Income Tax 18.43M
Effective Tax Rate 22.78%

Stock Price Statistics

The stock price has decreased by -24.04% in the last 52 weeks. The beta is 0.51, so SMP's price volatility has been lower than the market average.

Beta (5Y) 0.51
52-Week Price Change -24.04%
50-Day Moving Average 32.44
200-Day Moving Average 31.56
Relative Strength Index (RSI) 33.73
Average Volume (20 Days) 126,315

Short Selling Information

The latest short interest is 460,192, so 2.12% of the outstanding shares have been sold short.

Short Interest 460,192
Short Previous Month 404,439
Short % of Shares Out 2.12%
Short % of Float 2.32%
Short Ratio (days to cover) 3.09

Income Statement

In the last 12 months, SMP had revenue of $1.41 billion and earned $36.13 million in profits. Earnings per share was $1.63.

Revenue 1.41B
Gross Profit 403.87M
Operating Income 139.72M
Pretax Income 56.14M
Net Income 36.13M
EBITDA 168.49M
EBIT 139.72M
Earnings Per Share (EPS) $1.63
Full Income Statement

Balance Sheet

The company has $26.35 million in cash and $245.96 million in debt, giving a net cash position of -$219.61 million or -$10.11 per share.

Cash & Cash Equivalents 26.35M
Total Debt 245.96M
Net Cash -219.61M
Net Cash Per Share -$10.11
Equity (Book Value) 653.44M
Book Value Per Share 29.41
Working Capital 440.69M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $89.57 million and capital expenditures -$44.79 million, giving a free cash flow of $44.78 million.

Operating Cash Flow 89.57M
Capital Expenditures -44.79M
Free Cash Flow 44.78M
FCF Per Share $2.06
Full Cash Flow Statement

Margins

Gross margin is 28.62%, with operating and profit margins of 9.90% and 2.56%.

Gross Margin 28.62%
Operating Margin 9.90%
Pretax Margin 5.73%
Profit Margin 2.56%
EBITDA Margin 11.94%
EBIT Margin 9.90%
FCF Margin 3.17%

Dividends & Yields

This stock pays an annual dividend of $1.16, which amounts to a dividend yield of 3.78%.

Dividend Per Share $1.16
Dividend Yield 3.78%
Dividend Growth (YoY) n/a
Years of Dividend Growth 3
Payout Ratio 71.18%
Buyback Yield -0.04%
Shareholder Yield 3.74%
Earnings Yield 5.41%
FCF Yield 6.71%
Dividend Details

Analyst Forecast

The average price target for SMP is $42.00, which is 36.72% higher than the current price. The consensus rating is "Strong Buy".

Price Target $42.00
Price Target Difference 36.72%
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 2.5:1.

Last Split Date Dec 2, 1983
Split Type Forward
Split Ratio 2.5:1

Scores

SMP has an Altman Z-Score of 3.01 and a Piotroski F-Score of 6.

Altman Z-Score 3.01
Piotroski F-Score 6