Standard Motor Products, Inc. (SMP)

NYSE: SMP · IEX Real-Time Price · USD
33.55
-0.25 (-0.74%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

SMP has a market cap or net worth of $740.85 million. The enterprise value is $953.51 million.

Market Cap 740.85M
Enterprise Value 953.51M

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date Feb 14, 2024

Share Statistics

SMP has 21.92 million shares outstanding. The number of shares has increased by 0.10% in one year.

Shares Outstanding 21.92M
Shares Change (YoY) +0.10%
Shares Change (QoQ) -0.91%
Owned by Insiders (%) 6.23%
Owned by Institutions (%) 83.23%
Float 19.41M

Valuation Ratios

The trailing PE ratio is 21.79 and the forward PE ratio is 11.01. SMP's PEG ratio is 2.34.

PE Ratio 21.79
Forward PE 11.01
PS Ratio 0.55
Forward PS 0.53
PB Ratio 1.17
P/FCF Ratio 6.41
PEG Ratio 2.34
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.06, with an EV/FCF ratio of 8.25.

EV / Earnings 27.92
EV / Sales 0.70
EV / EBITDA 10.06
EV / EBIT 14.49
EV / FCF 8.25

Financial Position

The company has a current ratio of 2.45, with a Debt / Equity ratio of 0.39.

Current Ratio 2.45
Quick Ratio 0.63
Debt / Equity 0.39
Debt / EBITDA 2.59
Debt / FCF 2.12
Interest Coverage 4.95

Financial Efficiency

Return on equity (ROE) is 5.40% and return on invested capital (ROIC) is 6.84%.

Return on Equity (ROE) 5.40%
Return on Assets (ROA) 2.60%
Return on Capital (ROIC) 6.84%
Revenue Per Employee $261,206
Profits Per Employee $6,567
Employee Count 5,200
Asset Turnover 1.04
Inventory Turnover 1.81

Taxes

In the past 12 months, SMP has paid $18.37 million in taxes.

Income Tax 18.37M
Effective Tax Rate 34.98%

Stock Price Statistics

The stock price has decreased by -7.19% in the last 52 weeks. The beta is 0.61, so SMP's price volatility has been lower than the market average.

Beta (1Y) 0.61
52-Week Price Change -7.19%
50-Day Moving Average 36.09
200-Day Moving Average 36.28
Relative Strength Index (RSI) 51.00
Average Volume (30 Days) 133,062

Short Selling Information

The latest short interest is 413,483, so 1.89% of the outstanding shares have been sold short.

Short Interest 413,483
Short Previous Month 435,843
Short % of Shares Out 1.89%
Short % of Float 2.13%
Short Ratio (days to cover) 2.92

Income Statement

In the last 12 months, SMP had revenue of $1.36 billion and earned $34.15 million in profits. Earnings per share was $1.54.

Revenue 1.36B
Gross Profit 388.83M
Operating Income 92.60M
Pretax Income 52.52M
Net Income 34.15M
EBITDA 94.83M
EBIT 65.80M
Earnings Per Share (EPS) $1.54
Full Income Statement

Balance Sheet

The company has $32.53 million in cash and $245.19 million in debt, giving a net cash position of -$212.66 million or -$9.70 per share.

Cash & Cash Equivalents 32.53M
Total Debt 245.19M
Net Cash -212.66M
Net Cash Per Share -$9.70
Equity / Book Value 635.06M
Book Value Per Share 28.97
Working Capital 439.96M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $144.26 million and capital expenditures -$28.63 million, giving a free cash flow of $115.63 million.

Operating Cash Flow 144.26M
Capital Expenditures -28.63M
Free Cash Flow 115.63M
FCF Per Share $5.32
Full Cash Flow Statement

Margins

Gross margin is 28.63%, with operating and profit margins of 6.82% and 2.51%.

Gross Margin 28.63%
Operating Margin 6.82%
Pretax Margin 3.87%
Profit Margin 2.51%
EBITDA Margin 6.98%
EBIT Margin 4.84%
FCF Margin 8.51%

Dividends & Yields

This stock pays an annual dividend of $1.16, which amounts to a dividend yield of 3.46%.

Dividend Per Share $1.16
Dividend Yield 3.46%
Dividend Growth (YoY) 5.45%
Years of Dividend Growth 3
Payout Ratio 75.32%
Buyback Yield -0.10%
Shareholder Yield 3.36%
Earnings Yield 4.61%
FCF Yield 15.61%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
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 2.94 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.94
Piotroski F-Score 6