Standard Motor Products Stock Gross Profit

SMP Stock

USD 32.17 0.59 1.87%

Standard Motor Products fundamentals help investors to digest information that contributes to Standard's financial success or failures. It also enables traders to predict the movement of Standard Stock. The fundamental analysis module provides a way to measure Standard's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Standard stock.

	Last Reported	Projected for Next Year
Gross Profit	388.8 M	255.5 M
Gross Profit Margin	0.29	0.34

As of 11/22/2024, Gross Profit Margin is likely to grow to 0.34, while Gross Profit is likely to drop slightly above 255.5 M.

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Standard Motor Products Company Gross Profit Analysis

Standard's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Standard Gross Profit

382.54 M

Most of Standard's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Standard Motor Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Standard Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Standard is extremely important. It helps to project a fair market value of Standard Stock properly, considering its historical fundamentals such as Gross Profit. Since Standard's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Standard's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Standard's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Good Will	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.85	0.64	0.84	0.86	0.98	0.99	0.33	0.89	0.77	0.87	0.69	0.15	-0.8	0.6	0.05	0.16	0.94	0.86	0.44	0.75	0.55	0.45	0.15	0.74	0.69	-0.11
Total Stockholder Equity	0.85		0.73	0.99	0.86	0.87	0.85	0.14	0.77	0.91	0.74	0.65	0.27	-0.88	0.54	-0.11	0.18	0.91	0.92	0.63	0.8	0.43	0.64	0.06	0.75	0.69	-0.52
Net Debt	0.64	0.73		0.78	0.41	0.76	0.62	0.11	0.35	0.88	0.72	0.33	0.74	-0.71	0.59	-0.44	-0.22	0.69	0.65	0.65	0.57	0.23	0.91	0.33	0.95	0.86	-0.63
Retained Earnings	0.84	0.99	0.78		0.82	0.86	0.82	0.11	0.73	0.96	0.79	0.53	0.4	-0.93	0.65	-0.14	0.18	0.93	0.93	0.64	0.83	0.45	0.7	0.08	0.81	0.75	-0.54
Net Receivables	0.86	0.86	0.41	0.82		0.81	0.88	0.21	0.88	0.68	0.66	0.65	-0.06	-0.77	0.45	0.15	0.37	0.84	0.81	0.36	0.78	0.49	0.28	0.02	0.52	0.5	-0.12
Total Liab	0.98	0.87	0.76	0.86	0.81		0.97	0.33	0.84	0.84	0.89	0.67	0.27	-0.82	0.63	-0.06	0.07	0.92	0.85	0.49	0.75	0.51	0.58	0.21	0.84	0.76	-0.23
Total Current Assets	0.99	0.85	0.62	0.82	0.88	0.97		0.34	0.89	0.74	0.82	0.75	0.09	-0.75	0.51	0.07	0.13	0.9	0.82	0.46	0.7	0.52	0.44	0.16	0.71	0.66	-0.09
Short Term Debt	0.33	0.14	0.11	0.11	0.21	0.33	0.34		0.47	0.16	0.41	0.22	-0.38	-0.17	0.3	0.29	-0.19	0.13	0.02	-0.16	0.26	0.77	-0.28	-0.03	0.13	-0.24	0.34
Accounts Payable	0.89	0.77	0.35	0.73	0.88	0.84	0.89	0.47		0.64	0.77	0.64	-0.18	-0.72	0.59	0.23	0.28	0.83	0.77	0.22	0.72	0.7	0.13	0.01	0.5	0.35	0.01
Good Will	0.77	0.91	0.88	0.96	0.68	0.84	0.74	0.16	0.64		0.83	0.38	0.56	-0.91	0.76	-0.3	0.0	0.89	0.86	0.65	0.77	0.45	0.78	0.24	0.91	0.78	-0.6
Intangible Assets	0.87	0.74	0.72	0.79	0.66	0.89	0.82	0.41	0.77	0.83		0.34	0.37	-0.82	0.84	-0.08	0.01	0.88	0.76	0.31	0.76	0.71	0.49	0.24	0.84	0.66	-0.14
Common Stock	0.69	0.65	0.33	0.53	0.65	0.67	0.75	0.22	0.64	0.38	0.34		-0.26	-0.29	-0.05	0.04	0.0	0.53	0.56	0.4	0.26	0.14	0.28	0.06	0.3	0.34	-0.19
Long Term Debt	0.15	0.27	0.74	0.4	-0.06	0.27	0.09	-0.38	-0.18	0.56	0.37	-0.26		-0.43	0.48	-0.58	-0.22	0.34	0.32	0.5	0.24	-0.17	0.84	0.37	0.71	0.76	-0.58
Treasury Stock	-0.8	-0.88	-0.71	-0.93	-0.77	-0.82	-0.75	-0.17	-0.72	-0.91	-0.82	-0.29	-0.43		-0.81	0.02	-0.32	-0.92	-0.89	-0.49	-0.93	-0.57	-0.57	0.01	-0.79	-0.7	0.37
Property Plant Equipment	0.6	0.54	0.59	0.65	0.45	0.63	0.51	0.3	0.59	0.76	0.84	-0.05	0.48	-0.81		-0.18	0.08	0.73	0.65	0.18	0.71	0.62	0.41	0.22	0.73	0.53	-0.24
Current Deferred Revenue	0.05	-0.11	-0.44	-0.14	0.15	-0.06	0.07	0.29	0.23	-0.3	-0.08	0.04	-0.58	0.02	-0.18		0.64	-0.08	-0.07	-0.26	0.13	0.4	-0.59	-0.81	-0.42	-0.41	0.62
Short Term Investments	0.16	0.18	-0.22	0.18	0.37	0.07	0.13	-0.19	0.28	0.0	0.01	0.0	-0.22	-0.32	0.08	0.64		0.23	0.27	-0.11	0.47	0.14	-0.22	-0.73	-0.16	0.01	0.16
Net Tangible Assets	0.94	0.91	0.69	0.93	0.84	0.92	0.9	0.13	0.83	0.89	0.88	0.53	0.34	-0.92	0.73	-0.08	0.23		0.97	0.55	0.81	0.49	0.58	0.15	0.79	0.77	-0.32
Capital Surpluse	0.86	0.92	0.65	0.93	0.81	0.85	0.82	0.02	0.77	0.86	0.76	0.56	0.32	-0.89	0.65	-0.07	0.27	0.97		0.64	0.74	0.4	0.61	0.04	0.7	0.73	-0.45
Deferred Long Term Liab	0.44	0.63	0.65	0.64	0.36	0.49	0.46	-0.16	0.22	0.65	0.31	0.4	0.5	-0.49	0.18	-0.26	-0.11	0.55	0.64		0.23	-0.08	0.73	0.14	0.54	0.64	-0.6
Long Term Investments	0.75	0.8	0.57	0.83	0.78	0.75	0.7	0.26	0.72	0.77	0.76	0.26	0.24	-0.93	0.71	0.13	0.47	0.81	0.74	0.23		0.63	0.37	-0.16	0.66	0.55	-0.2
Short Long Term Debt	0.55	0.43	0.23	0.45	0.49	0.51	0.52	0.77	0.7	0.45	0.71	0.14	-0.17	-0.57	0.62	0.4	0.14	0.49	0.4	-0.08	0.63		-0.12	-0.2	0.32	0.0	0.24
Long Term Debt Total	0.45	0.64	0.91	0.7	0.28	0.58	0.44	-0.28	0.13	0.78	0.49	0.28	0.84	-0.57	0.41	-0.59	-0.22	0.58	0.61	0.73	0.37	-0.12		0.37	0.83	0.89	-0.79
Cash And Equivalents	0.15	0.06	0.33	0.08	0.02	0.21	0.16	-0.03	0.01	0.24	0.24	0.06	0.37	0.01	0.22	-0.81	-0.73	0.15	0.04	0.14	-0.16	-0.2	0.37		0.43	0.36	-0.2
Net Invested Capital	0.74	0.75	0.95	0.81	0.52	0.84	0.71	0.13	0.5	0.91	0.84	0.3	0.71	-0.79	0.73	-0.42	-0.16	0.79	0.7	0.54	0.66	0.32	0.83	0.43		0.89	-0.48
Net Working Capital	0.69	0.69	0.86	0.75	0.5	0.76	0.66	-0.24	0.35	0.78	0.66	0.34	0.76	-0.7	0.53	-0.41	0.01	0.77	0.73	0.64	0.55	0.0	0.89	0.36	0.89		-0.5
Capital Stock	-0.11	-0.52	-0.63	-0.54	-0.12	-0.23	-0.09	0.34	0.01	-0.6	-0.14	-0.19	-0.58	0.37	-0.24	0.62	0.16	-0.32	-0.45	-0.6	-0.2	0.24	-0.79	-0.2	-0.48	-0.5

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Standard Gross Profit Historical Pattern

Today, most investors in Standard Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Standard's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Standard gross profit as a starting point in their analysis.

Standard Gross Profit

Timeline

Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Competition

Predict Standard

Gross Profit Over Time

According to the company disclosure, Standard Motor Products reported 382.54 M of gross profit. This is 97.51% lower than that of the Automobile Components sector and 56.41% lower than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 98.6% higher than that of the company.

Standard Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Standard's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Standard could also be used in its relative valuation, which is a method of valuing Standard by comparing valuation metrics of similar companies.

Standard is currently under evaluation in gross profit category among its peers.

Standard Current Valuation Drivers

We derive many important indicators used in calculating different scores of Standard from analyzing Standard's financial statements. These drivers represent accounts that assess Standard's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Standard's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.2B	905.3M	1.2B	754.6M	864.5M	907.7M
Enterprise Value	1.3B	918.5M	1.3B	1.0B	1.1B	1.1B

Standard ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Standard's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Standard's managers, analysts, and investors.

Environmental

Governance

Social

Standard Fundamentals

	Return On Equity	0.0962
	Return On Asset	0.0659
	Profit Margin	0.03 %
	Operating Margin	0.10 %
	Current Valuation	893.73 M
	Shares Outstanding	21.72 M
	Shares Owned By Insiders	4.82 %
	Shares Owned By Institutions	83.05 %
	Number Of Shares Shorted	404.44 K
	Price To Earning	15.30 X
	Price To Book	1.08 X
	Price To Sales	0.49 X
	Revenue	1.36 B
	Gross Profit	382.54 M
	EBITDA	121.65 M
	Net Income	34.35 M
	Cash And Equivalents	21.15 M
	Cash Per Share	0.66 X
	Total Debt	245.19 M
	Debt To Equity	0.50 %
	Current Ratio	2.06 X
	Book Value Per Share	29.41 X
	Cash Flow From Operations	144.26 M
	Short Ratio	2.85 X
	Earnings Per Share	2.78 X
	Price To Earnings To Growth	2.34 X
	Target Price	42.0
	Number Of Employees	5.2 K
	Beta	0.51
	Market Capitalization	685.97 M
	Total Asset	1.29 B
	Retained Earnings	573.23 M
	Working Capital	439.96 M
	Current Asset	479.74 M
	Current Liabilities	243.92 M
	Annual Yield	0.04 %
	Five Year Return	1.85 %
	Net Asset	1.29 B
	Last Dividend Paid	1.16

About Standard Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Standard Motor Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Standard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Standard Motor Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Standard

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Standard position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Standard will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Standard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Standard - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Standard Motor Products to buy it.

The correlation of Standard is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Standard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Motor Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Standard can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Standard Stock Analysis

When running Standard's price analysis, check to measure Standard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.

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