Standard Motor Products, Inc. — Earnings Quality Grade F
SMP · Consumer Cyclical
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 47 days, change -5 days YoY
AR growth 10.1% vs revenue growth 22.4%
Revenue grew 22.4% but CFFO declined -25.1%
Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.
Expense Quality
Inventory 13.5% vs COGS 18.4%. Normal
CapEx growth -12.0% vs revenue 22.4%. Normal
SG&A/Gross Profit = 75.2%, exceeds 70%
Gross margin 31.2%, change +2.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.39. Profits backed by cash
FCF $0.0B, FCF/NI = 0.45
Accruals ratio = -0.8%. Low accruals
Cash $0.1B covers only 10% of debt $0.7B
Balance Sheet Health
Goodwill+Intangibles $0.6B = 83% of equity. Over 50%
Debt/EBITDA = 3.8x. Healthy
Other assets 8.7% vs revenue 22.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 5% YoY. Normal
Manipulation Score
M-Score = -2.49 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25