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SMP - Standard Motor Products, Inc.

NYSE -> Consumer Cyclical -> Auto Parts
Long Island City, United States
Type: Equity

SMP price evolution
SMP
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Current assets
Cash $26.16 $27.11 $32.53
Short term investments
Net receivables $217.13 $239.32 $203.94 $160.28
Inventory $520.86 $526.3 $538.71 $525.32
Total current assets $793.21 $816.65 $796.44 $744.22
Long term investments $25.61 $24.75 $24.05
Property, plant & equipment $234.69 $231.04 $226.88 $221.94
Goodwill & intangible assets $222.07 $224.62 $227.04
Total noncurrent assets $557.67 $555.13 $548.82
Total investments $25.61 $24.75 $24.05
Total assets $1350.54 $1374.33 $1351.56 $1293.05
Current liabilities
Accounts payable $165.22 $105.09 $98.29 $107.45
Deferred revenue
Short long term debt $5.03 $5.03 $5.03
Total current liabilities $352.52 $332.17 $299.21 $304.26
Long term debt $140.16 $291.98 $300.54 $240.16
Total noncurrent liabilities $387.84 $397.23 $337.91
Total debt $297.01 $305.57 $245.19
Total liabilities $711.71 $720.01 $696.44 $642.17
Shareholders' equity
Retained earnings $583.92 $586.41 $575.66 $573.23
Other shareholder equity -$9.57 -$9.46 -$5.81 -$5.97
Total shareholder equity $640.02 $639.15 $635.06
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $32.53 $21.15 $21.75 $19.49
Short term investments
Net receivables $160.28 $167.64 $180.6 $198.04
Inventory $525.32 $548.41 $491.02 $365.13
Total current assets $744.22 $762.44 $711.21 $598.54
Long term investments $24.05 $41.74 $44.09 $40.51
Property, plant & equipment $221.94 $157.15 $143.25 $119.06
Goodwill & intangible assets $227.04 $232.59 $237.89 $131.84
Total noncurrent assets $548.82 $492.49 $486.76 $358
Total investments $24.05 $41.74 $44.09 $40.51
Total assets $1293.05 $1254.93 $1197.96 $956.54
Current liabilities
Accounts payable $107.45 $128.47 $137.17 $100.02
Deferred revenue
Short long term debt $5.03 $55.03 $128.41 $10.13
Total current liabilities $304.26 $323.13 $476.37 $302.6
Long term debt $240.16 $184.59 $31.23 $22.55
Total noncurrent liabilities $337.91 $310.76 $108.97 $103.7
Total debt $245.19 $280.33 $159.64 $32.68
Total liabilities $642.17 $644.91 $585.33 $406.3
Shareholders' equity
Retained earnings $573.23 $564.24 $532.32 $463.61
Other shareholder equity -$5.97 -$12.47 -$8.17 -$5.68
Total shareholder equity $635.06 $610.02 $601.58 $550.24
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $389.83 $331.4 $290.76
Cost of revenue $278.38 $241.88 $209.23
Gross Profit $111.45 $89.52 $81.53
Operating activities
Research & development
Selling, general & administrative $83.89 $74.73 $70.33
Total operating expenses $86.44 $74.92 $71.58
Operating income $25 $14.6 $9.95
Income from continuing operations
EBIT $25.92 $14.23 $8.67
Income tax expense $6.11 $3.34 -$0.29
Interest expense $2.75 $2.07 $2.52
Net income
Net income $17.06 $8.82 $6.43
Income (for common shares) $17.06 $8.82 $6.43
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $1358.27 $1371.82 $1298.82 $1128.59
Cost of revenue $969.45 $989.28 $921.88 $791.93
Gross Profit $388.83 $382.54 $376.93 $336.65
Operating activities
Research & development
Selling, general & administrative $293.58 $276.63 $247.55 $224.67
Total operating expenses $296.23 $278.52 $247.94 $227.73
Operating income $92.6 $104.02 $128.99 $108.92
Income from continuing operations
EBIT $65.8 $91.17 $123.96 $86.68
Income tax expense $18.37 $25.21 $31.04 $26.96
Interest expense $13.29 $10.62 $2.03 $2.33
Net income
Net income $34.15 $55.35 $90.89 $57.39
Income (for common shares) $34.15 $55.35 $90.89 $57.39
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $17.06 $8.82 $6.43
Operating activities
Depreciation $7.32 $7.3 $7.56
Business acquisitions & disposals
Stock-based compensation $1.78 $1.27 $1.35
Total cash flows from operations $35.58 -$45.72 $11.37
Investing activities
Capital expenditures -$12.86 -$10.09 -$10.66
Investments
Total cash flows from investing -$34.12 -$12.85 -$10.07 -$10.64
Financing activities
Dividends paid -$19 -$6.31 -$6.39 -$6.32
Sale and purchase of stock -$8.17 -$2.23
Net borrowings -$6.82 $59.01 $8.15
Total cash flows from financing -$47.67 -$21.91 $50.38 $1.39
Effect of exchange rate -$2.59 -$1.77 -$0.01 $1.93
Change in cash and equivalents -$6.18 -$0.96 -$5.41 $4.04
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $34.15 $55.35 $90.89 $57.39
Operating activities
Depreciation $29.02 $28.3 $27.24 $26.32
Business acquisitions & disposals $2.83 -$1.93 -$125.42
Stock-based compensation $6.6 $8.18 $9.48 $8.1
Total cash flows from operations $144.26 -$27.53 $85.56 $97.9
Investing activities
Capital expenditures -$28.63 -$25.96 -$25.88 -$17.82
Investments
Total cash flows from investing -$25.7 -$27.82 -$151.25 -$17.8
Financing activities
Dividends paid -$25.16 -$23.43 -$22.18 -$11.22
Sale and purchase of stock -$29.66 -$26.86 -$13.48
Net borrowings -$83.75 $108.58 $118.59 -$46.82
Total cash flows from financing -$109.61 $55.5 $69.01 -$71.52
Effect of exchange rate $2.43 -$0.76 -$1.06 $0.54
Change in cash and equivalents $11.38 -$0.6 $2.27 $9.12
Fundamentals
Market cap $667.26M
Enterprise value N/A
Shares outstanding 21.72M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 1.01
Net debt/EBITDA N/A
Current ratio 2.25
Quick ratio 0.77