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Standard Motor Products (Standard Motor Products) Cyclically Adjusted Price-to-FCF : 12.97 (As of May. 21, 2024)


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What is Standard Motor Products Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Standard Motor Products's current share price is $31.13. Standard Motor Products's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.40. Standard Motor Products's Cyclically Adjusted Price-to-FCF for today is 12.97.

The historical rank and industry rank for Standard Motor Products's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SMP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.53   Med: 17.51   Max: 24.39
Current: 13.15

During the past years, Standard Motor Products's highest Cyclically Adjusted Price-to-FCF was 24.39. The lowest was 11.53. And the median was 17.51.

SMP's Cyclically Adjusted Price-to-FCF is ranked better than
70.04% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.75 vs SMP: 13.15

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Standard Motor Products's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-2.494. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Motor Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Standard Motor Products's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Standard Motor Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.12 14.95 18.56 15.14 15.10

Standard Motor Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial 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 15.44 14.44 12.18 15.10 13.99

Competitive Comparison of Standard Motor Products's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Standard Motor Products's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Standard Motor Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Standard Motor Products's Cyclically Adjusted Price-to-FCF falls into.



Standard Motor Products Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Standard Motor Products's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.13/2.4
=12.97

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Standard Motor Products's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.494/131.7762*131.7762
=-2.494

Current CPI (Mar. 2024) = 131.7762.

Standard Motor Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.206 100.560 0.270
201409 0.522 100.428 0.685
201412 0.416 99.070 0.553
201503 -0.782 99.621 -1.034
201506 1.469 100.684 1.923
201509 1.826 100.392 2.397
201512 -0.484 99.792 -0.639
201603 -0.237 100.470 -0.311
201606 0.827 101.688 1.072
201609 2.346 101.861 3.035
201612 0.393 101.863 0.508
201703 -1.292 102.862 -1.655
201706 0.619 103.349 0.789
201709 1.499 104.136 1.897
201712 0.921 104.011 1.167
201803 -0.568 105.290 -0.711
201806 0.258 106.317 0.320
201809 2.576 106.507 3.187
201812 -0.080 105.998 -0.099
201903 -1.301 107.251 -1.599
201906 0.120 108.070 0.146
201909 2.543 108.329 3.093
201912 1.313 108.420 1.596
202003 -1.627 108.902 -1.969
202006 1.202 108.767 1.456
202009 3.311 109.815 3.973
202012 0.639 109.897 0.766
202103 -0.719 111.754 -0.848
202106 1.226 114.631 1.409
202109 2.142 115.734 2.439
202112 -0.002 117.630 -0.002
202203 -4.912 121.301 -5.336
202206 0.084 125.017 0.089
202209 0.621 125.227 0.653
202212 1.877 125.222 1.975
202303 -1.122 127.348 -1.161
202306 2.464 128.729 2.522
202309 3.822 129.860 3.878
202312 0.032 129.419 0.033
202403 -2.494 131.776 -2.494

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Standard Motor Products  (NYSE:SMP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Standard Motor Products Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Standard Motor Products's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


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