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Standard Motor Products (Standard Motor Products) Enterprise Value

: $946 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Standard Motor Products's Enterprise Value is $946 Mil. Standard Motor Products's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $95 Mil. Therefore, Standard Motor Products's EV-to-EBIT ratio for today is 9.96.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Standard Motor Products's Enterprise Value is $946 Mil. Standard Motor Products's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $124 Mil. Therefore, Standard Motor Products's EV-to-EBITDA ratio for today is 7.63.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Standard Motor Products's Enterprise Value is $946 Mil. Standard Motor Products's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,358 Mil. Therefore, Standard Motor Products's EV-to-Revenue ratio for today is 0.70.


Standard Motor Products Enterprise Value Historical Data

The historical data trend for Standard Motor Products's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Standard Motor Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,270.29 917.44 1,302.78 1,021.38 1,100.98

Standard Motor Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,021.38 1,125.11 1,090.37 953.92 1,100.98

Competitive Comparison

For the Auto Parts subindustry, Standard Motor Products's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Standard Motor Products Enterprise Value Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Standard Motor Products's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Standard Motor Products's Enterprise Value falls into.



Standard Motor Products Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Standard Motor Products's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Standard Motor Products's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Standard Motor Products  (NYSE:SMP) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Standard Motor Products's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=946.495/95.003
=9.96

Standard Motor Products's current Enterprise Value is $946 Mil.
Standard Motor Products's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $95 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Standard Motor Products's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=946.495/124.025
=7.63

Standard Motor Products's current Enterprise Value is $946 Mil.
Standard Motor Products's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $124 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Standard Motor Products's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=946.495/1358.272
=0.70

Standard Motor Products's current Enterprise Value is $946 Mil.
Standard Motor Products's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,358 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Standard Motor Products Enterprise Value Related Terms

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Standard Motor Products (Standard Motor Products) Business Description

Traded in Other Exchanges
Address
37-18 Northern Boulevard, Long Island City, NY, USA, 11101
Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.
Executives
Nathan R. Iles officer: Chief Financial Officer C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Eric Sills director, officer: CEO & President 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Ray Nicholas officer: CIO & VP IT 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Dale Burks officer: Chief Commercial Officer & EVP 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Carmine Joseph Broccole officer: CLO & Secretary 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
James J Burke director, officer: Chief Operating Officer 37 18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Kristine M. Frost officer: CHRO C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Alisa C. Norris director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Pamela Puryear director 253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Alejandro C. Capparelli director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Joseph W. Mcdonnell director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Pamela Forbes Lieberman director 3400 N.WOLF ROAD, FRANKLIN PARK IL 60131
Patrick Mcclymont director 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Thomas Tesoro officer: VP Human Resources 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Peter J Sills director