Standard Motor Products, Inc. (SMP) Stock

Standard Motor Products, Inc. (SMP) is a Consumer Discretionary stock trading at $38.17 (as of 2026-08-20), with a market capitalization of $849.90M and a trailing P/E of 16.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Standard Motor Products, Inc. manufactures and distributes replacement automotive parts for vehicle maintenance, repair, and service, including specialized components for agriculture, heavy-duty, and construction equipment. Its Engine Management and Temperature Control businesses supply sensors, modules, and temperature-management and related accessories for automotive OEM and aftermarket customers.

Understand Standard Motor Products, Inc.: how it makes money

Standard Motor Products makes and distributes replacement vehicle parts for the automotive aftermarket, and also supplies specialized original equipment parts for agriculture, heavy duty, and construction equipment manufacturers.

The profit engine is selling replacement and specialized control related parts (like engine management and vehicle control components) through a distribution model that supports ongoing vehicle maintenance, repair, and service demand.

Revenue by segment (latest quarter)
VehCtrl	$0.2B
TempCtrl	$0.1B
EngSol	$0.1B
Nissens	$0.1B

Business quality (Mixed): Aftermarket replacement parts focus is clear, and the latest quarter shows positive gross and operating profitability, but the only provided operating KPI is distribution capacity (new distribution center size), so it is harder to directly track demand and customer/order momentum.

Valuation: At 20× earnings, SMP trades in line with the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

Aftermarket and service driven demand: Replacement parts are used in the maintenance, repair, and service of vehicles, which aligns the product offering with ongoing vehicle upkeep needs.
Portfolio spanning multiple vehicle systems: The company’s parts include engine management and vehicle control related components (such as ignition control modules, position sensors, and exhaust gas recirculation valves), which can support diversified end markets within vehicle service.

Bear case

Sensitivity to vehicle service and replacement cycle: Because parts are sold for vehicle maintenance, repair, and service, demand can be affected by changes in how vehicles are maintained and when parts are replaced.
Execution risk in distribution scale up: The provided operating metric points to a new distribution center, so results may be sensitive to execution timing and the ability to convert distribution expansion into sales.

Valuation — source: SEC EDGAR (first-party)
Price	$38.17
Market Cap	$849.90M
P/E Ratio	16.7
EV / EBITDA	6.8
Price / Book	1.16
Price / Sales	0.46
FCF Yield	10.3%
DCF Value (model)	$46.11
DCF Upside vs Price	20.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.79B
Net Margin	2.3%
Revenue Growth (YoY)	1.6%
EPS Growth (YoY)	18.3%
FCF Growth (YoY)	108.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.26 (grey)
Piotroski F-Score	7/9 (strong)

Valuation vs Sector & Industry
Stock P/E	16.7
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Automobiles & Trucks)	17.2
vs Sector	-18.7%
vs Industry	-3.3%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($134.70M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Automobiles & Trucks
CEO	Eric Philip Sills
Employees	5,600
Country	US
IPO Date	1980-03-17

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.