Standard Motor Products, Inc. (SMP)
Consumer Cyclical · NYQ
Fundamentals
Valuation and ratings
Standard Motor Products, Inc. trades at USD38.67, which is 120% below the USD84.90 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 36 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 10.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
SMP dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.660 | 2 |
| 2025 | USD1.24 | 4 |
| 2024 | USD1.16 | 4 |
| 2023 | USD1.16 | 4 |
| 2022 | USD1.08 | 4 |
| 2021 | USD1.00 | 4 |
| 2020 | USD0.500 | 2 |
| 2019 | USD0.920 | 4 |
| 2018 | USD0.840 | 4 |
| 2017 | USD0.760 | 4 |
| 2016 | USD0.680 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
SMP earnings and analyst estimates
Recommendation mix, 3 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Standard Motor Products, Inc.
Standard Motor Products, Inc. manufactures and distributes replacement automotive parts in the United States, Europe, Canada, Mexico, Poland, and internationally. 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.
SMP passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Mario Gabelli, GAMCO INVESTORS, INC. ET AL$34.63M · 0.3% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$5.44M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$3.57M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$3.00M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$2.62M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Standard Motor Products, Inc. (SMP) undervalued?
Against our discounted cash flow estimate of USD84.90, SMP at USD38.67 is 120% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own SMP?
8 of the institutions we track reported a position in SMP in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is SMP's P/E ratio?
SMP trades at 10.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Standard Motor Products, Inc. (SMP) pay a dividend?
Yes. Standard Motor Products, Inc. yields 3.35% at the current share price. It has paid USD1.28 per share over the trailing twelve months. It has paid a dividend in each of the last 16 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
The full research page for SMP, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.