Quality Investor

Standard Motor Products, Inc.

Rank #239Op. LeverageWatchlistCompare with other stocks

SMP · NYSE · Consumer Cyclical

Standard Motor Products, Inc. (SMP) — Rank #239 by gross profitability (GP/assets 0.27) · ROE 5.8% · Piotroski F-Score 8 / 9.

As-of 2026-10-30 · CIK 0000093389 · all metrics point-in-time as of the filing date.

About

Standard Motor Products, Inc. manufactures and distributes replacement automotive parts in the United States, Europe, Canada, Mexico, Poland, and internationally.

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The company operates through four segments: Vehicle Control, Temperature Control, Nissens Automotive, and Engineered Solutions. It provides ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components. The company also offers electrical switches and actuators; anti-lock brake and vehicle speed sensors, fluid level sensors, and pressure sensors comprising tire pressure monitoring, temperature sensors, advanced driver assistance systems sensors, battery cables, pigtails, and sockets; electrical wire, terminals, connectors, and tools for servicing a vehicle's electrical system; and spark plug, coil on plug boots, and ignition system accessories. In addition, it offers AC system components; other thermal components; and engine cooling, air conditioning, and engine efficiency products. Further, it provides thermal management products, sensors, switches, power distribution, electrification and electronics, injections and fuel delivery, ignition and emissions, and clamping devices for commercial and light vehicles, construction, agriculture, power sports, marine, hydraulics, and lawn and garden sectors. It serves retailers, warehouse distributors, original equipment manufacturers and their suppliers, system integrators, and original equipment service part manufacturers.

The company was founded in 1919 and is headquartered in Long Island City, New York.

Industry
Auto Parts
Sector
Consumer Cyclical
State
NY
Filer Category
Accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

5,700

Industry

Auto Parts

Exchange

NYSE

10/11

Flags passed

SMP passes 10/11 quality flags

1 caution to review

  • CAUTION
    Disclosure regression

    A previously-disclosed line item is no longer reported — worth checking the filing for why

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Operating leverage expanding · Sequential beat (rev + EPS)

No data Balance sheet — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.27
Return on equity
5.8%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.81
Current ratio
2.00×
Net cash
-$501.63M

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
0.4%

Growth

2/2 pass
Revenue growth
22.4%
Piotroski F-Score
8 / 9
Share dilution
1.1%

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.27

Gross profitability (GP / assets)

0.27

Primary signal (Novy-Marx).

4th of 11 SIC 3714 peers

Return on equity

5.8%

Gross margin

31.2%

3rd of 11 SIC 3714 peers

Revenue growth (YoY)

22.4%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

9.3%

Revenue CAGR (5Y)

9.7%

Earnings CAGR (3Y)

-9.3%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 55% below net income

Free cash flow

$18.72M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

-54.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.4%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net debt $501.63M, F-Score 8/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.81

9th of 10 SIC 3714 peers (best = lowest)

Current ratio

2.00×

7th of 11 SIC 3714 peers

Quick ratio

0.78×

Net cash

-$501.63M

Cash & equivalents minus total debt.

Piotroski F-Score

8 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Dividend safety

Composite score

1.8 / 5

Weak
Payout ratio
66.0%2/5 Fair
FCF coverage
0.69×1/5 Weak
Dividend growth streak
5 yr3/5 Good
Balance-sheet health
D/E 1.81 · IC N/A1/5 Weak

Capital allocation quality

Composite score

2.7 / 5

Fair
Share count trend
1.1%2/5 Fair
Buyback timing
N/AN/A
Dividend growth consistency
5 yr3/5 Good
Net debt trajectory
-0.7%3/5 Good

Lifecycle Phase History

20202025
Value
Capital Return
Op. Leverage

Price History

SMP+2.8% · +0.6% CAGRSPY+82.9% · +12.8% CAGR