Standard Motor Products Inc (SMP) - Net Assets
Based on the latest financial reports, Standard Motor Products Inc (SMP) has net assets worth $692.13 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.03 Billion) and total liabilities ($1.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Standard Motor Products Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $692.13 Million |
| % of Total Assets | 34.14% |
| Annual Growth Rate | 4.32% |
| 5-Year Change | 14.51% |
| 10-Year Change | 60.74% |
| Growth Volatility | 11.49 |
Standard Motor Products Inc - Net Assets Trend (1985–2024)
This chart illustrates how Standard Motor Products Inc's net assets have evolved over time, based on quarterly financial data. Also explore Standard Motor Products Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Standard Motor Products Inc (1985–2024)
The table below shows the annual net assets of Standard Motor Products Inc from 1985 to 2024. For live valuation and market cap data, see SMP stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $630.08 Million | -3.19% |
| 2023-12-31 | $650.87 Million | +4.80% |
| 2022-12-31 | $621.04 Million | +1.37% |
| 2021-12-31 | $612.63 Million | +11.34% |
| 2020-12-31 | $550.24 Million | +6.79% |
| 2019-12-31 | $515.27 Million | +10.29% |
| 2018-12-31 | $467.20 Million | +2.99% |
| 2017-12-31 | $453.65 Million | +2.86% |
| 2016-12-31 | $441.03 Million | +12.51% |
| 2015-12-31 | $391.98 Million | +4.76% |
| 2014-12-31 | $374.15 Million | +7.07% |
| 2013-12-31 | $349.43 Million | +13.60% |
| 2012-12-31 | $307.59 Million | +13.10% |
| 2011-12-31 | $271.95 Million | +29.57% |
| 2010-12-31 | $209.88 Million | +8.26% |
| 2009-12-31 | $193.88 Million | +18.55% |
| 2008-12-31 | $163.54 Million | -13.18% |
| 2007-12-31 | $188.36 Million | -1.22% |
| 2006-12-31 | $190.70 Million | +2.69% |
| 2005-12-31 | $185.71 Million | -10.42% |
| 2004-12-31 | $207.31 Million | -8.29% |
| 2003-12-31 | $226.04 Million | +46.89% |
| 2002-12-31 | $153.88 Million | -17.13% |
| 2001-12-31 | $185.69 Million | -4.44% |
| 2000-12-31 | $194.31 Million | -4.52% |
| 1999-12-31 | $203.50 Million | -0.73% |
| 1998-12-31 | $205.00 Million | +11.59% |
| 1997-12-31 | $183.70 Million | -17.33% |
| 1996-12-31 | $222.20 Million | +5.61% |
| 1995-12-31 | $210.40 Million | +7.84% |
| 1994-12-31 | $195.10 Million | +9.48% |
| 1993-12-31 | $178.20 Million | +10.61% |
| 1992-12-31 | $161.10 Million | +3.73% |
| 1991-12-31 | $155.30 Million | +2.85% |
| 1990-12-31 | $151.00 Million | +3.64% |
| 1989-12-31 | $145.70 Million | -3.64% |
| 1988-12-31 | $151.20 Million | +3.49% |
| 1987-12-31 | $146.10 Million | +7.74% |
| 1986-12-31 | $135.60 Million | +12.16% |
| 1985-12-31 | $120.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Standard Motor Products Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 512.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $575.38 Million | 93.45% |
| Common Stock | $47.87 Million | 7.77% |
| Other Comprehensive Income | $-25.83 Million | -4.20% |
| Other Components | $18.32 Million | 2.98% |
| Total Equity | $615.75 Million | 100.00% |
Standard Motor Products Inc Competitors by Market Cap
The table below lists competitors of Standard Motor Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENEFIT GREEN AS
F:I6B
|
$841.72 Million |
|
Radius Recycling, Inc.
NASDAQ:RDUS
|
$841.73 Million |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$841.83 Million |
|
Dividend 15 Split Corp
TO:DFN
|
$842.11 Million |
|
Karnov Group AB
ST:KAR
|
$841.07 Million |
|
CHINA VANKE CO.LTD H YC 1
F:18V
|
$840.96 Million |
|
RMK Energy PT Tbk
JK:RMKE
|
$840.85 Million |
|
KSL Holdings Bhd
KLSE:5038
|
$840.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Standard Motor Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 635,064,000 to 615,745,000, a change of -19,319,000 (-3.0%).
- Net income of 53,628,000 contributed positively to equity growth.
- Dividend payments of 25,341,000 reduced retained earnings.
- Share repurchases of 10,428,000 reduced equity.
- Other comprehensive income decreased equity by 19,858,000.
- Other factors decreased equity by 17,320,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $53.63 Million | +8.71% |
| Dividends Paid | $25.34 Million | -4.12% |
| Share Repurchases | $10.43 Million | -1.69% |
| Other Comprehensive Income | $-19.86 Million | -3.23% |
| Other Changes | $-17.32 Million | -2.81% |
| Total Change | $- | -3.04% |
Book Value vs Market Value Analysis
This analysis compares Standard Motor Products Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.22x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $9.21 | $38.88 | x |
| 1986-12-31 | $10.28 | $38.88 | x |
| 1987-12-31 | $11.02 | $38.88 | x |
| 1988-12-31 | $11.54 | $38.88 | x |
| 1989-12-31 | $11.12 | $38.88 | x |
| 1990-12-31 | $11.57 | $38.88 | x |
| 1991-12-31 | $11.82 | $38.88 | x |
| 1992-12-31 | $12.31 | $38.88 | x |
| 1993-12-31 | $12.52 | $38.88 | x |
| 1994-12-31 | $14.82 | $38.88 | x |
| 1995-12-31 | $15.97 | $38.88 | x |
| 1996-12-31 | $17.01 | $38.88 | x |
| 1997-12-31 | $14.01 | $38.88 | x |
| 1998-12-31 | $15.61 | $38.88 | x |
| 1999-12-31 | $15.48 | $38.88 | x |
| 2000-12-31 | $16.18 | $38.88 | x |
| 2001-12-31 | $15.71 | $38.88 | x |
| 2002-12-31 | $12.81 | $38.88 | x |
| 2003-12-31 | $14.31 | $38.88 | x |
| 2004-12-31 | $10.72 | $38.88 | x |
| 2005-12-31 | $9.52 | $38.88 | x |
| 2006-12-31 | $10.41 | $38.88 | x |
| 2007-12-31 | $10.13 | $38.88 | x |
| 2008-12-31 | $8.83 | $38.88 | x |
| 2009-12-31 | $10.00 | $38.88 | x |
| 2010-12-31 | $9.27 | $38.88 | x |
| 2011-12-31 | $11.71 | $38.88 | x |
| 2012-12-31 | $13.34 | $38.88 | x |
| 2013-12-31 | $15.02 | $38.88 | x |
| 2014-12-31 | $16.10 | $38.88 | x |
| 2015-12-31 | $16.94 | $38.88 | x |
| 2016-12-31 | $19.11 | $38.88 | x |
| 2017-12-31 | $19.56 | $38.88 | x |
| 2018-12-31 | $20.37 | $38.88 | x |
| 2019-12-31 | $22.10 | $38.88 | x |
| 2020-12-31 | $24.11 | $38.88 | x |
| 2021-12-31 | $26.60 | $38.88 | x |
| 2022-12-31 | $27.55 | $38.88 | x |
| 2023-12-31 | $28.66 | $38.88 | x |
| 2024-12-31 | $27.69 | $38.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Standard Motor Products Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.95x
- Recent ROE (8.71%) is above the historical average (6.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 8.68% | 4.32% | 1.39x | 1.44x | $-1.59 Million |
| 1986 | 13.72% | 6.49% | 1.15x | 1.84x | $5.04 Million |
| 1987 | 11.16% | 4.57% | 1.29x | 1.90x | $1.69 Million |
| 1988 | 6.15% | 2.33% | 1.13x | 2.34x | $-5.82 Million |
| 1989 | 8.99% | 3.05% | 1.06x | 2.79x | $-1.47 Million |
| 1990 | 5.10% | 1.52% | 1.20x | 2.80x | $-7.40 Million |
| 1991 | 4.31% | 1.25% | 1.36x | 2.53x | $-8.83 Million |
| 1992 | 5.52% | 1.66% | 1.43x | 2.33x | $-7.21 Million |
| 1993 | 9.82% | 3.00% | 1.38x | 2.38x | $-320.00K |
| 1994 | 12.15% | 3.70% | 1.39x | 2.37x | $4.19 Million |
| 1995 | 7.65% | 2.43% | 1.30x | 2.43x | $-4.94 Million |
| 1996 | 6.58% | 2.04% | 1.16x | 2.80x | $-7.63 Million |
| 1997 | -18.77% | -6.16% | 0.97x | 3.14x | $-52.88 Million |
| 1998 | 10.85% | 3.43% | 1.25x | 2.54x | $1.75 Million |
| 1999 | 3.73% | 1.15% | 1.18x | 2.73x | $-12.75 Million |
| 2000 | 5.01% | 1.60% | 1.10x | 2.83x | $-9.70 Million |
| 2001 | -1.34% | -0.41% | 1.19x | 2.74x | $-21.05 Million |
| 2002 | -19.86% | -5.11% | 1.22x | 3.19x | $-45.94 Million |
| 2003 | -0.67% | -0.22% | 0.98x | 3.07x | $-24.12 Million |
| 2004 | -6.18% | -1.55% | 1.26x | 3.17x | $-33.55 Million |
| 2005 | -1.91% | -0.43% | 1.27x | 3.52x | $-22.12 Million |
| 2006 | 4.94% | 1.16% | 1.27x | 3.36x | $-9.66 Million |
| 2007 | 1.21% | 0.29% | 1.17x | 3.60x | $-16.56 Million |
| 2008 | -14.00% | -2.95% | 1.35x | 3.52x | $-39.25 Million |
| 2009 | 1.80% | 0.47% | 1.52x | 2.50x | $-15.90 Million |
| 2010 | 10.46% | 2.71% | 1.65x | 2.35x | $971.70K |
| 2011 | 22.95% | 7.13% | 1.59x | 2.03x | $35.21 Million |
| 2012 | 13.44% | 4.36% | 1.65x | 1.87x | $10.59 Million |
| 2013 | 14.72% | 5.23% | 1.60x | 1.76x | $16.51 Million |
| 2014 | 11.50% | 4.39% | 1.46x | 1.80x | $5.61 Million |
| 2015 | 11.74% | 4.73% | 1.43x | 1.74x | $6.82 Million |
| 2016 | 13.70% | 5.71% | 1.38x | 1.74x | $16.33 Million |
| 2017 | 8.37% | 3.40% | 1.42x | 1.74x | $-7.39 Million |
| 2018 | 9.20% | 3.94% | 1.30x | 1.80x | $-3.72 Million |
| 2019 | 11.49% | 5.09% | 1.24x | 1.81x | $7.49 Million |
| 2020 | 10.43% | 5.09% | 1.18x | 1.74x | $2.37 Million |
| 2021 | 15.11% | 7.00% | 1.08x | 1.99x | $30.73 Million |
| 2022 | 11.97% | 5.32% | 1.09x | 2.06x | $12.04 Million |
| 2023 | 9.94% | 4.65% | 1.05x | 2.04x | $-362.40K |
| 2024 | 8.71% | 3.66% | 0.81x | 2.95x | $-7.95 Million |
Industry Comparison
This section compares Standard Motor Products Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,135,741,400
- Average return on equity (ROE) among peers: 16.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Standard Motor Products Inc (SMP) | $692.13 Million | 8.68% | 1.93x | $841.47 Million |
| Advance Auto Parts Inc (AAP) | $2.92 Billion | 15.76% | 1.85x | $3.49 Billion |
| Adient PLC (ADNT) | $2.16 Billion | -13.02% | 3.15x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $756.00 Million | 39.55% | 4.92x | $10.60 Billion |
| Autoliv Inc (ALV) | $2.38 Billion | 12.28% | 1.13x | $8.18 Billion |
| Aptiv PLC (APTV) | $8.10 Billion | 22.27% | 1.16x | $12.08 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $455.60 Million | 37.40% | 0.90x | $4.43 Billion |
| American Axle & Manufacturing (AXL) | $1.49 Billion | -3.87% | 4.05x | $1.36 Billion |
| AutoZone Inc (AZO) | $282.10 Million | 22.44% | 0.78x | $58.68 Billion |
| BorgWarner Inc (BWA) | $2.45 Billion | 22.43% | 1.43x | $11.38 Billion |
| China Automotive Systems Inc (CAAS) | $368.42 Million | 10.22% | 1.08x | $129.73 Million |
About Standard Motor Products Inc
Standard Motor Products, Inc. manufactures and distributes replacement automotive parts in the United States 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… Read more