Does STANDARD MOTOR PRODUCTS, INC. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores STANDARD MOTOR PRODUCTS, INC. (SMP) 42.8 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 52, returns on capital 60, balance-sheet safety 14, capital discipline 34.

Is SMP stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $23.31 per share versus a recent price of $38.59 — 66% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has SMP's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 42.8 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

STANDARD MOTOR PRODUCTS, INC.

SMP · Consumer Discretionary · $854.6M mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat

The four filters

Pricing power52

Median gross margin 29.1% over 10y, very stable.

Returns on capital60

Median ROIC 12.3%, above the 9% hurdle in 80% of years.

Balance-sheet safety14

Net debt/EBITDA 3.4x, interest coverage 4x.

Capital discipline34

Owner earnings -2.9%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale

66% above value

Owner earnings (normalized): $46.5M
Est. intrinsic value / share: $23.31
Recent price: $38.59
Discount to value: 66% above value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

There's no normalized fundamentals series for SMP yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale42.8 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — SMP has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Consumer Discretionary context

#192 of 340 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

#190WAB WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION43.1 out of 100, Shallow moatShallow moat
#191CRL CHARLES RIVER LABORATORIES INTERNATIONAL, INC.42.9 out of 100, Shallow moatShallow moat
#193TH TARGET HOSPITALITY CORP.42.8 out of 100, Shallow moatShallow moat
#194GME GameStop Corp.42.6 out of 100, Shallow moatShallow moat

Compare SMP with its nearest peers →All Consumer Discretionary companies on the Index →

Common questions about SMP

Does STANDARD MOTOR PRODUCTS, INC. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores STANDARD MOTOR PRODUCTS, INC. (SMP) 42.8 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 52, returns on capital 60, balance-sheet safety 14, capital discipline 34.
Is SMP stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $23.31 per share versus a recent price of $38.59 — 66% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has SMP's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 42.8 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell SMP. See the disclaimer.