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Standard Motor Products Inc

Consumer Cyclical US SMP

32.29USD
-0.8(2.42%)

Last update at 2024-04-25T18:48:00Z

Day Range

31.9932.66
LowHigh

52 Week Range

29.9041.25
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 98.33M 130.47M 107.38M 91.80M 76.83M
Minority interest -0.08400M -0.06800M - - -
Net income 55.35M 90.89M 80.42M 57.92M 43.00M
Selling general administrative 276.63M 247.55M 224.67M 234.72M 231.34M
Selling and marketing expenses - - - - -
Gross profit 382.54M 376.93M 336.65M 331.80M 312.79M
Reconciled depreciation 28.30M 27.24M 26.32M 25.81M 24.10M
Ebit 104.14M 129.00M 108.89M 94.50M 85.37M
Ebitda 139.14M 160.13M 139.09M 125.48M 109.47M
Depreciation and amortization 35.00M 31.13M 30.20M 30.98M 24.10M
Non operating income net other 4.81M 3.49M 0.81M 2.59M -0.41100M
Operating income 104.14M 129.00M 108.89M 94.50M 81.27M
Other operating expenses 1265.79M 1169.42M 1016.63M 1040.83M 1006.27M
Interest expense 10.62M 2.03M 2.33M 5.29M 4.03M
Tax provision 25.21M 31.04M 26.96M 22.75M 19.98M
Interest income 0.21M 2.03M 0.11M 0.10M 0.08M
Net interest income -10.40800M -2.02800M -2.32800M -5.18900M -3.94600M
Extraordinary items -17.69100M -8.46700M -23.02400M -11.13400M -13.85100M
Non recurring 1.89M 0.39M 3.06M 2.58M 4.51M
Other items - - - - -
Income tax expense 25.21M 31.04M 26.96M 22.75M 19.98M
Total revenue 1371.82M 1298.82M 1128.59M 1137.91M 1092.05M
Total operating expenses 276.51M 247.54M 224.70M 234.72M 227.01M
Cost of revenue 989.28M 921.88M 791.93M 806.11M 779.26M
Total other income expense net -5.80300M 1.47M -1.51600M -2.69900M -4.92100M
Discontinued operations -17.69100M -8.46700M -23.02400M -11.13400M -13.85100M
Net income from continuing ops 73.13M 99.42M 80.42M 69.05M 56.85M
Net income applicable to common shares 55.35M 90.89M 57.39M 57.92M 43.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1254.93M 1197.96M 956.54M 912.73M 843.13M
Intangible assets 100.50M 106.23M 54.00M 64.86M 48.41M
Earning assets - - - - -
Other current assets 25.24M 17.82M 15.88M 15.60M 7.26M
Total liab 633.89M 585.33M 406.30M 408.50M 375.93M
Total stockholder equity 610.02M 601.58M 550.24M 504.23M 467.20M
Deferred long term liab 1.60M 0.21M 0.43M 0.66M 0.88M
Other current liab 145.19M 210.79M 192.45M 91.54M 80.47M
Common stock 47.87M 47.87M 47.87M 47.87M 47.87M
Capital stock 47.87M 47.87M 47.87M 47.87M 47.87M
Retained earnings 564.24M 532.32M 463.61M 417.44M 380.11M
Other liab 85.46M 77.74M 81.16M 70.53M 63.19M
Good will 132.09M 131.65M 77.84M 77.80M 67.32M
Other assets 59.22M 0.00300M 137.06M 56.11M 0.03M
Cash 21.15M 21.75M 19.49M 10.37M 11.14M
Cash and equivalents 21.15M 21.75M 19.49M 10.37M 11.14M
Total current liabilities 323.13M 476.37M 302.60M 309.46M 312.59M
Current deferred revenue 33.66M - - 68.47M 88.70M
Net debt 259.18M 137.89M 13.19M 75.05M 38.08M
Short term debt 55.03M 128.41M 10.13M 56.92M 49.07M
Short long term debt 55.03M 128.41M 10.13M 56.92M 49.07M
Short long term debt total 280.33M 159.64M 32.68M 85.42M 49.22M
Other stockholder equity 10.38M 29.56M 44.43M 47.51M 48.81M
Property plant equipment 107.15M 143.25M 89.11M 89.65M 90.75M
Total current assets 762.44M 711.21M 598.54M 549.43M 546.22M
Long term investments 41.74M 44.09M 40.51M 38.86M 32.47M
Net tangible assets 610.02M 601.58M 550.24M 504.23M 467.20M
Short term investments - - 40.51M - -
Net receivables 167.64M 180.60M 198.04M 135.52M 157.53M
Long term debt 184.59M 0.02M 0.10M 0.13M 0.15M
Inventory 548.41M 491.02M 365.13M 387.94M 370.30M
Accounts payable 89.25M 137.17M 100.02M 92.53M 94.36M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 11.02M 11.05M - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -12.47000M -8.16900M -5.67600M -8.58900M -9.59400M
Additional paid in capital - - - - -
Common stock total equity 47.87M 47.87M 47.87M 47.87M 47.87M
Preferred stock total equity - - - - -
Retained earnings total equity 564.24M 532.32M 463.61M 417.44M 380.11M
Treasury stock - -75.81900M -60.65600M -55.23400M -53.66000M
Accumulated amortization - - - - -
Non currrent assets other 27.51M 25.40M 21.82M 18.84M 15.62M
Deferred long term asset charges - - - - -
Non current assets total 492.49M 486.76M 358.00M 363.30M 296.91M
Capital lease obligations 40.71M 31.21M 22.45M 28.38M -
Long term debt total 184.59M 0.02M 0.10M 0.13M 0.15M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -27.81700M -151.24900M -17.79900M -54.81200M -29.88600M
Change to liabilities -77.69300M 46.48M 48.08M -20.04700M 25.30M
Total cashflows from investing activities -27.81700M -151.24900M -17.79900M -54.81200M -29.88600M
Net borrowings 108.58M 118.59M -46.81600M 7.95M -12.38100M
Total cash from financing activities 55.50M 69.01M -71.51600M -23.37800M -46.12100M
Change to operating activities -39.84000M -2.45700M 26.38M -32.46300M 14.58M
Net income 55.44M 90.95M 57.39M 57.92M 43.00M
Change in cash -0.60500M 2.27M 9.12M -0.76600M -6.18500M
Begin period cash flow 21.75M 19.49M 10.37M 11.14M 17.32M
End period cash flow 21.15M 21.75M 19.49M 10.37M 11.14M
Total cash from operating activities -27.53300M 85.56M 97.90M 76.93M 70.26M
Issuance of capital stock - - - - -
Depreciation 28.30M 27.24M 26.32M 25.81M 24.10M
Other cashflows from investing activities -1.86100M -125.37400M 0.02M -38.62700M -9.74500M
Dividends paid -23.42800M -22.17900M -11.21800M -20.59300M 18.85M
Change to inventory -67.49500M -107.60900M 17.98M -17.90100M -30.19900M
Change to account receivables 6.92M 28.46M -71.93300M 17.93M -13.69900M
Sale purchase of stock -29.65600M -26.86200M -13.48200M -10.73800M -14.88600M
Other cashflows from financing activities 114.57M 118.05M -46.81600M 7.95M -0.18500M
Change to netincome 37.34M 13.18M 31.79M 24.84M 15.46M
Capital expenditures 25.96M 25.88M 17.82M 16.18M 20.14M
Change receivables 6.92M 28.46M -71.93300M 17.93M -13.69900M
Cash flows other operating -10.75100M -13.37400M -11.97100M -11.84700M 5.95M
Exchange rate changes - -1.06000M 0.54M 0.50M -0.43600M
Cash and cash equivalents changes 0.15M 2.27M 9.12M -0.76600M -6.18500M
Change in working capital -149.02300M -48.55600M -20.14200M -34.38500M -12.42500M
Stock based compensation 8.18M 9.48M 8.10M 6.92M 8.00M
Other non cash items 30.29M 7.78M 33.69M 15.58M 17.62M
Free cash flow -53.48900M 59.69M 80.08M 60.74M 50.12M

Fundamentals

  • Previous Close 33.09
  • Market Cap881.12M
  • Volume62196
  • P/E Ratio13.89
  • Dividend Yield2.87%
  • EBITDA176.14M
  • Revenue TTM1375.71M
  • Revenue Per Share TTM63.54
  • Gross Profit TTM 382.54M
  • Diluted EPS TTM2.92

Peer Comparison

Sector: Consumer Cyclical Industry: Auto Parts

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SMP
Standard Motor Products Inc
-0.8 2.42% 32.29 13.89 11.53 0.64 1.39 0.79 8.32
DNZOY
Denso Corp ADR
-0.418 2.29% 17.81 18.99 12.36 0.0067 1.23 0.0064 0.05
DNZOF
DENSO Corporation
0.12 0.66% 18.19 19.14 12.89 0.0064 1.28 0.0065 0.05
MBLY
Mobileye Global Inc. Class A Common Stock
-0.21 0.67% 30.91 - 50.51 16.93 2.29 18.25 74.30
BRDCY
Bridgestone Corp ADR
-0.1666 0.77% 21.46 11.52 12.12 0.0067 1.18 0.0068 0.03

Reports Covered

Stock Research & News

Profile

Standard Motor Products, Inc. manufactures and distributes automotive parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry in the United States and internationally. 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, Intermotor, OEM, BWD select, techexpert, Locksmart, and pollak 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 Everco HD brands; also distribute our products to customers for resale under private labels with NAPA Echlin and Belden 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 manufactures. The company was founded in 1919 and is headquartered in Long Island City, New York.

Standard Motor Products Inc

37-18 Northern Boulevard, Long Island City, NY, United States, 11101

Key Executives

Name Title Year Born
Mr. Eric Philip Sills CEO, Pres & Director 1969
Mr. Nathan R. Iles CFO & Member of the Office of Chief Exec. 1977
Mr. James J. Burke COO & Member of the Office of Chief Exec. 1955
Mr. Carmine J. Broccole Chief Legal Officer & Sec. 1966
Mr. Dale Burks EVP, Chief Commercial Officer & Member of the Office of Chief Exec. 1960
Mr. William J. Fazio Chief Accounting Officer 1955
Mr. Ray Nicholas VP of Information Technology & Chief Information Officer 1964
Mr. Anthony Francis Cristello VP of Investor Relations 1969
Mr. Thomas S. Tesoro Chief HR Officer 1955
Ms. Erin Pawlish Treasurer 1976

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