Standard Motor Products, Inc.

Standard Motor Products, Inc.

SMPยทNYSE

$38.86

-0.13%
Consumer CyclicalAuto - Parts

Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, BWD, Intermotor, OEM, SMP Blue Streak Canada, GP Sorensen, Locksmart, Standard Motorcycle, and Blue Streak Race Wires brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Maxair brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries. The company was founded in 1919 and is headquartered in Long Island City, New York.

At a Glance

Live Snapshot
Market Cap$865.15M
EPS1.8800
P/E Ratio20.67
Earnings Date08/04/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 20.7).

Valuation inputs: P/E 20.7, earnings yield +4.8%, momentum -0.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +6.0%, ROIC +8.7%).

Profitability stack: net margin +2.3%, ROE +6.0%, ROIC +8.7%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +65.0%, momentum -0.1%, net margin +2.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

smp

Standard Motor Products, Inc. Market vs Earnings Trajectory

SMP ยท NYSE

Loading price and EPS data...

Standard Motor Products, Inc.

Standard Motor Products, Inc. Fair Value Envelope

SMP ยท NYSE

Our analysis suggests that SMP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $38.86, this represents a potential HIDDEN relative to our calculated worth for Standard Motor Products, Inc..

Intrinsic Value
Current Price: $38.86
3Y-44.0%
5Y-27.0%
10Y-29.0%
3Y+31.0%
5Y+59.0%
10Y+69.0%
3Y-43.0%
5Y-28.0%
10Y-32.0%
3Y-309.0%
5Y-41.0%
10Y-41.0%
3Y-135.0%
5Y-77.0%
10Y-76.0%
3Y+59.0%
5Y+109.0%
10Y+160.0%
Standard Motor Products, Inc.

Standard Motor Products, Inc. Profit Bridge

SMP ยท NYSE
Revenue1.79B
Cost of Goods Sold (1.25B)
Gross Profit541.01M
Operating Expenses (356.96M)
Operating Income184.05M
Interest Expense (32.84M)
Other Income/Expense-73.53M
Pretax Income110.52M
Income Tax (30.62M)
Net Income41.34M
Net Income
41.34M

Profitability Analysis

Gross Margin

30.2%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

10.3%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

2.3%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

27.7%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

30.20%
Gross Profit Margin
7%
3Y+11.0%
5Y+4.0%
10Y-1.0%
10.28%
Operating Profit Margin
8%
3Y+2.0%
5Y-7.0%
10Y+11.0%
2.31%
Net Profit Margin
-37%
3Y-57.0%
5Y-55.0%
10Y-60.0%
6.05%
Return on Equity
-31%
3Y-50.0%
5Y-42.0%
10Y-56.0%
2.07%
Return on Assets
-30%
3Y-64.0%
5Y-65.0%
10Y-74.0%
8.73%
Return on Invested Capital
19%
3Y-16.0%
5Y-38.0%
10Y-24.0%
SMP

Standard Motor Products, Inc. Cash Conversion Engine

SMP ยท NYSE
Net Income41.34M
Depreciation & Amortization43.85M
Stock-Based Compensation7.50M
Change in Working Capital-81.23M
Others57.83M
Capital Expenditures-38.72M
Free Cash Flow18.72M

Cash Flow Quality Analysis

FCF Conversion Rate

45.3%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

67.4%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-42.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$81.23M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

smp

Standard Motor Products, Inc. Funding & Solvency Profile

SMP ยท NYSE
Cash & Cash Equivalents59.21M
Net Receivables312.96M
Inventory726.31M
Other Current Assets21.07M
Total Current Assets1 B
Property, Plant & Equipment288.44M
Goodwill & Intangible Assets555.46M
Long-Term Investments0.00
Other Non-Current Assets59.25M
Total Non-Current Assets348 M
Total Assets
2.05B

Financial Health Analysis

Current Ratio

2.23x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.89x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

618 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

55% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

smp

Standard Motor Products, Inc. Street Expectations Map

SMP ยท NYSE

No Target Data

No analyst price targets available for smp.

smp

Standard Motor Products, Inc. Insider Positioning

SMP ยท NYSE

During the last 12 months, insiders have sold $681K worth of SMP shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

1.9K

74.65K

Net Activity

-75K

-$75K

3-6 Months

Bought

0

0.00

Sold

9.1K

345.62K

Net Activity

-346K

-$346K

6-9 Months

Bought

0

0.00

Sold

6.8K

260.59K

Net Activity

-261K

-$261K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
NR

Nicholas Ray

Officer: Cio & Vp It

11.6K sharesโ€ข4 transactions

$443K

2
BD

Burks Dale

Officer: Chief Commercial Officer & Evp

2.2K sharesโ€ข2 transactions

$84K

3
SE

Sills Eric

Director, Officer: Ceo & President

1.5K sharesโ€ข1 transactions

$59K

4
INR

Iles Nathan R.

Officer: Chief Financial Officer

1.4K sharesโ€ข1 transactions

$52K

5
BCJ

Broccole Carmine Joseph

Officer: Clo & Secretary

1.1K sharesโ€ข1 transactions

$44K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $681K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$75K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.95%
Dividend Yield
12%
3Y+21.0%
5Y+58.0%
10Y+122.0%
ย 

smp Dividend History

SMP
10Y CAGR +8%
Latest $0.33
Annual $1.59
5 year growth trend
Last Period: +0%