SMP
Standard Motor Products, Inc.
SMP's fundamentals are strong and it looks cheap: trading at 14x earnings, below its usual 18x. Analysts expect earnings growth.
SMP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Healthy |
SMP's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
SMP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.2x | $43.95 | — |
| Cheap | 13x | $39.94 | -9.1% |
| Current | 14x | $43.95 | — |
| Fair | 18x | $54.47 | +24% |
| Expensive | 23x | $68.65 | +56% |
Historical ranges are pointers, not guarantees.
SMP's PE is in its cheap range at 14x. If earnings grow as analysts expect, today's price would be 9.2x next year's earnings.
SMP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect SMP's earnings to grow and its profitability to improve, with its revenue holding steady.
SMP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.80 | +58% |
| Q3 2026 | $3.04 | +116% |
| Q2 2026 | $2.23 | +26% |
| Q1 2026 | $2.03 | +44% |
| Q4 2025 | $1.84 | +48% |
| Q3 2025 | $1.41 | -13% |
| Q2 2025 | $1.77 | +1.1% |
| Q1 2025 | $1.41 | +1.4% |
| Q4 2024 | $1.24 | -19% |
SMP earned $3.04 per share over the past year, up 116% from the year before.
SMP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $507.8M | +1.8% |
| Q2 2026 | $501.6M | +1.6% |
| Q1 2026 | $451.2M | +9.1% |
| Q4 2025 | $385.1M | +12% |
| Q3 2025 | $498.8M | +25% |
| Q2 2025 | $493.9M | +27% |
| Q1 2025 | $413.4M | +25% |
| Q4 2024 | $343.4M | +18% |
SMP's revenue has grown year over year for 11 quarters in a row: $508M last quarter, up 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.9% | +0.3 points |
| Q2 2026 | 10% | +1.5 points |
| Q1 2026 | 7.6% | +1.6 points |
| Q4 2025 | 5.6% | +4.5 points |
| Q3 2025 | 9.6% | +0.3 points |
| Q2 2025 | 8.7% | +2.3 points |
| Q1 2025 | 5.9% | +1.5 points |
| Q4 2024 | 1.1% | -2.3 points |
SMP's operating margin was 9.9% last quarter, about level with the same quarter a year ago.
SMP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $140.3M | +72% |
| Q2 2026 | $92M | +108% |
| Q1 2026 | -$48.7M | +$20.7M |
| Q4 2025 | -$37.6M | -$26.2M |
| Q3 2025 | $81.5M | +5.7% |
| Q2 2025 | $44.2M | +94% |
| Q1 2025 | -$69.4M | -$13.6M |
| Q4 2024 | -$11.4M | -1702% |
SMP generated $146M in free cash flow over the past year, about three times what it generated the year before.
SMP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +102K shares |
| 1 year | +1.8% | +395K shares |
| 3 years | +3.2% | +713K shares |
| 5 years | +1.9% | +423K shares |
| Available history | +0.6% | +148K shares |
SMP has 23M diluted shares, up 1.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37,000 |
| Q2 2026 | — |
| Q1 2026 | $283,000 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $19,000 |
SMP has spent almost nothing on buybacks in the past year.
SMP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 3.0x | Elevated |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 4.0x | Elevated |
| Q1 2025 | 4.8x | High |
| Q4 2024 | 4.6x | High |
SMP's net debt is about 1.9 years of its operating earnings (EBITDA), down from 3.1 years a year ago.
SMP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.5 | Neutral |
| Stochastic | 79.6 | Neutral |
SMP's weekly RSI is 62 (neutral) and its Stochastic is 80 (neutral).
SMP PE vs Consumer Cyclical Sector
| Metric | SMP | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 18x | 20% below |
| PE % | 24 | 47 | 23 pts below |
SMP is trading at 14x earnings, a 20% discount to the Consumer Cyclical sector's median of 18x.
SMP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.6 | 11% above |
| 20 week MA | $39.0 | 13% above |
| 50 week MA | $38.8 | 13% above |
| 100 week MA | $35.7 | 23% above |
| 200 week MA | $35.2 | 25% above |
SMP is in an uptrend: it's above all five of its weekly moving averages, and 25% above its 200-week average.
SMP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $53.4 | $41.4 | -22% |
| 2021 | $41.4 | $51.9 | +25% |
| 2022 | $51.9 | $35.0 | -32% |
| 2023 | $35.0 | $39.8 | +14% |
| 2024 | $39.8 | $31.0 | -22% |
| 2025 | $31.0 | $37.5 | +21% |
| 2026 YTD | $37.5 | $44.0 | +17% |
SMP has finished lower in three of the last six years. It's up 17% so far in 2026.