SMP - Intrinsic Value and Financial Analysis - Standard Motor Products, Inc.

Standard Motor Products, Inc. SMP

Consumer Cyclical - Auto - Parts - NYSE - US

Watchlist

$ 33.17

-1.54 %

$ 721 M

Market Cap

11.93

P/E

BALANCE SHEET

1.29 B ASSETS

Growth Rates

1Year 3.04%

3Years 10.57%

5Years 8.93%

7Years 7.71%

10Years 7.71%

642 M LIABILITIES

Growth Rates

1Year 1.31%

3Years 16.48%

5Years 11.30%

7Years 10.09%

10Years 9.21%

635 M EQUITY

Growth Rates

1Year 4.11%

3Years 4.90%

5Years 6.33%

7Years 5.35%

10Years 6.16%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Standard Motor Products, Inc.

1.29 B ASSETS
642 M LIABILITIES

Current Assets	744 M
Cash & Short-Term Investments	32.5 M
Receivables	160 M
Other Current Assets	551 M
Non-Current Assets	549 M
Long-Term Investments	33.5 M
PP&E	222 M
Other Non-Current Assets	293 M

Current Liabilities	304 M
Accounts Payable	107 M
Short-Term Debt	22.2 M
Other Current Liabilities	175 M
Non-Current Liabilities	338 M
Long-Term Debt	240 M
Other Non-Current Liabilities	97.8 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986	Dec-1985
ASSETS
Cash & Cash Equivalents	32.5	21.1	21.8	19.5	10.4	11.1	17.3	19.8	18.8	13.7	5.6	13.1	10.9	12.1	10.6	6.6	13.3	22.3	14.0	14.9	19.6	9.7	7.5	7.7	40.4	23.5	16.8	4.7	10.9	2.8	12.3	17.0	24.0	10.7	4.0	23.5	22.8	21.1	20.5
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7.2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	160.3	167.6	180.6	198.0	126.6	157.5	140.1	134.6	123.9	126.5	125.2	98.6	104.1	105.0	124.8	174.4	204.4	183.7	176.3	151.4	174.2	117.6	118.0	106.3	119.6	122.0	151.0	156.8	112.4	110.0	97.8	83.8	78.3	81.2	108.7	91.7	79.7	72.3	56.7
Inventory	525.3	548.4	491.0	365.1	387.9	370.3	326.4	312.5	285.8	278.1	269.4	267.5	248.1	241.2	199.8	232.4	252.3	234.0	243.3	258.6	253.8	174.8	177.3	234.3	188.4	174.1	189.0	229.2	206.3	185.9	164.2	153.2	178.6	214.3	182.8	161.8	117.6	109.7	64.5
Other Current Assets	26.1	25.2	17.8	15.9	15.6	7.3	24.6	7.3	62.0	58.9	56.1	39.4	37.9	34.5	38.5	34.2	33.1	21.9	22.1	22.3	20.5	19.0	26.2	24.5	26.3	22.9	33.7	27.8	35.9	30.2	29.5	11.3	10.6	14.7	17.5	4.9	3.3	1.2	0.2
Total Current Assets	744.2	762.4	711.2	598.5	549.4	546.2	496.1	514.8	479.7	466.0	446.1	418.6	401.0	384.7	364.2	447.6	503.1	461.8	455.7	447.2	468.2	328.4	328.9	372.8	374.7	342.5	390.5	418.5	365.5	328.9	303.8	265.3	291.5	320.9	313.0	281.9	223.4	204.3	141.9
PP&E	221.9	157.0	143.3	119.1	125.7	90.8	89.1	78.5	68.9	64.6	63.6	64.4	64.0	60.7	61.5	66.9	71.8	80.1	85.8	97.4	112.5	103.8	101.6	104.5	106.6	109.4	126.0	126.9	109.5	104.1	103.0	101.5	96.2	93.6	86.4	71.0	50.4	43.1	30.6
Intangible Assets	92.3	100.5	106.2	54.0	64.9	48.4	56.3	64.0	29.4	34.4	34.9	36.6	31.7	11.1	12.4	15.2	16.3	0	67.4	69.9	71.8	16.7	38.0	40.7	41.6	39.2	30.7	34.4	0	0	0	0	0	0	0	0	0	0	0
Goodwill	134.7	132.1	131.7	77.8	77.8	67.3	67.4	67.2	54.9	55.0	38.0	35.8	26.1	1.4	1.4	1.1	41.6	56.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	33.5	41.7	44.1	40.5	38.9	32.5	31.2	19.9	20.6	20.0	6.3	(11.1)	(16.9)	(21.3)	(29.5)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	25.9	27.5	25.4	21.8	18.8	15.6	15.1	13.6	16.8	18.6	16.3	21.2	27.9	34.9	45.0	16.2	19.5	17.4	44.1	42.0	42.0	23.2	40.8	31.4	33.1	30.5	29.9	45.0	37.2	29.4	16.5	8.1	5.1	7.6	6.6	1.0	3.4	1.8	2.2
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1 293.0	1 254.9	1 198.0	956.5	912.7	843.1	787.6	768.7	681.1	673.6	615.5	576.6	550.7	492.8	484.5	575.0	678.1	640.1	653.0	656.6	694.5	490.8	509.4	549.4	556.0	521.6	577.1	624.8	512.2	462.4	423.3	374.9	392.8	422.1	406.0	353.9	277.2	249.2	174.7
LIABILITIES
Accounts Payable	107.5	89.2	137.2	100.0	92.5	94.4	78.0	83.9	72.7	70.7	71.5	62.3	50.9	49.9	54.4	68.3	64.4	53.8	52.5	46.5	58.0	35.7	26.1	56.6	41.7	48.4	36.4	30.6	36.6	40.5	41.4	27.1	33.9	32.7	25.6	0	0	0	0
Short Term Debt	22.2	55.0	128.4	10.1	56.9	49.1	61.7	54.9	47.4	56.7	21.5	40.6	73.1	65.3	58.5	193.9	164.8	140.3	149.8	110.0	103.1	7.5	5.9	52.6	31.6	26.0	80.3	92.1	24.5	26.6	10.0	15.3	99.1	109.8	102.8	87.1	24.3	6.0	14.7
Other Current Liabilities	174.6	178.9	210.8	192.4	151.1	169.2	146.2	145.1	123.8	123.4	127.4	119.3	104.9	99.6	91.7	80.8	90.9	84.4	83.6	96.0	115.8	68.2	68.6	75.5	95.6	89.8	96.4	84.0	72.2	72.6	48.2	32.0	27.4	32.5	20.4	48.6	46.6	46.9	20.7
Total Current Liabilities	304.3	323.1	476.4	302.6	309.5	312.6	285.9	283.8	243.9	250.8	220.3	222.2	228.9	214.8	204.6	343.0	320.0	278.5	285.9	252.5	276.8	111.4	100.6	184.7	168.9	164.2	213.1	206.7	133.3	139.7	99.6	74.4	160.4	175.0	148.8	135.7	70.9	52.9	35.4
Long Term Debt	240.2	225.3	31.2	22.5	28.5	0.2	79 K	0.1	62 K	83 K	16 K	75 K	0.2	0.3	17.9	0.3	90.5	98.0	98.5	114.2	114.8	169.4	200.1	150.0	163.9	133.7	159.1	172.4	148.7	109.9	130.5	136.1	73.3	90.2	103.2	60.5	54.0	56.2	18.3
Deferred Tax Income	0	26.8	26.6	11.6	11.0	9.7	6.6	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3.1	4.2	5.7	4.9	3.6	3.3	3.7	5.8	8.4	6.4	6.2	4.5	0
Other Liabilities	97.8	85.5	77.7	81.2	70.5	63.2	47.9	43.7	45.1	48.5	45.8	46.8	49.7	67.8	68.0	68.2	79.2	72.9	82.9	82.6	76.9	56.0	23.1	20.4	19.7	18.7	18.4	18.6	14.1	12.8	11.4	0	100 K	100 K	100 K	100 K	0	0	100 K
Total Liabilities	642.2	633.9	585.3	406.3	408.5	375.9	333.9	327.7	289.1	299.4	266.1	269.0	278.8	282.9	290.6	411.5	489.7	449.4	467.3	449.3	468.5	336.9	323.7	355.1	352.5	316.6	393.7	401.9	301.8	267.3	245.1	213.8	237.5	271.1	260.3	202.7	131.1	113.6	53.8
EQUITY
Common Stock	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	47.9	41.0	41.0	41.0	41.0	41.0	41.0	26.6	26.6	26.6	26.6	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	573.2	564.2	532.3	463.6	417.4	380.1	357.2	336.5	291.5	259.2	228.0	186.7	153.6	97.5	80.1	76.6	106.1	112.5	109.6	120.2	141.6	148.7	183.5	190.3	184.8	181.7	161.5	200.2	189.8	177.9	158.5	145.2	140.5	138.0	134.5	125.5	120.5	108.4	94.0
Other Accumulative Comprehensive Income/Loss	(6.0)	(12.5)	(8.2)	(5.7)	(8.6)	(9.6)	(4.1)	(11.0)	(6.5)	(2.7)	1.8	3.9	3.3	0.7	5.5	7.8	5.5	(3.5)	4.2	4.8	4.8	(2.6)	(3.7)	(0.6)	0.7	(96.1)	(102.8)	(88.9)	(75.0)	(63.2)	(52.9)	(42.9)	(36.8)	(34.2)	(30.3)	(25.8)	(20.5)	(17.4)	(14.6)
Total Equity	650.9	621.0	612.6	550.2	504.2	467.2	453.7	441.0	392.0	374.2	349.4	307.6	272.0	209.9	193.9	163.5	188.4	190.7	185.7	207.3	226.0	153.9	185.7	194.3	203.5	205.0	183.4	222.9	210.4	195.1	178.2	161.1	155.3	151.0	145.7	151.2	146.1	135.6	120.9
Total Liabilities and Equity	1 293.0	1 254.9	1 198.0	956.5	912.7	843.1	787.6	768.7	681.1	673.6	615.5	576.6	550.7	492.8	484.5	575.0	678.1	640.1	653.0	656.6	694.5	490.8	509.4	549.4	556.0	521.6	577.1	624.8	512.2	462.4	423.3	374.9	392.8	422.1	406.0	353.9	277.2	249.2	174.7
SHARES OUTSTANDING
Common Shares Outstanding	21.7	21.7	22.1	22.4	22.4	22.5	22.7	22.7	22.8	22.9	23.0	22.8	22.8	22.6	19.3	18.5	18.5	18.3	19.5	19.3	15.7	11.9	11.8	11.9	13.1	13.1	13.1	13.1	13.2	13.2	14.2	13.1	13.1	13.1	13.1	13.1	13.3	13.2	13.1

Balance Sheet

Premium Plan

Unlimited Plan