MODINE MANUFACTURING CO (MOD) Stock Fundamental Analysis
NYSE:MOD - New York Stock Exchange, Inc. - US6078281002 - Common Stock - Currency: USD
Taking everything into account, MOD scores 5 out of 10 in our fundamental rating. MOD was compared to 83 industry peers in the Automobile Components industry. MOD scores excellent on profitability, but there are concerns on its financial health. MOD is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year MOD was profitable.
In the past year MOD had a positive cash flow from operations.
In multiple years MOD reported negative net income over the last 5 years.
MOD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MOD's Return On Assets of 8.54% is amongst the best of the industry. MOD outperforms 92.77% of its industry peers.
Looking at the Return On Equity, with a value of 19.05%, MOD belongs to the top of the industry, outperforming 93.98% of the companies in the same industry.
With an excellent Return On Invested Capital value of 15.25%, MOD belongs to the best of the industry, outperforming 95.18% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MOD is in line with the industry average of 9.42%.
The last Return On Invested Capital (15.25%) for MOD is above the 3 year average (11.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 19.05% | ||
| ROIC | 15.25% |
ROA(3y)8.16%
ROA(5y)1.56%
ROE(3y)22.11%
ROE(5y)1.09%
ROIC(3y)11.11%
ROIC(5y)8.99%
1.3 Margins
Looking at the Profit Margin, with a value of 6.59%, MOD is in line with its industry, outperforming 44.58% of the companies in the same industry.
MOD's Profit Margin has improved in the last couple of years.
MOD has a Operating Margin (11.23%) which is in line with its industry peers.
MOD's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 23.78%, MOD is doing worse than 65.06% of the companies in the same industry.
In the last couple of years the Gross Margin of MOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.23% | ||
| PM (TTM) | 6.59% | ||
| GM | 23.78% |
OM growth 3Y31.52%
OM growth 5Y13.62%
PM growth 3YN/A
PM growth 5Y11.95%
GM growth 3Y10.4%
GM growth 5Y5.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MOD is still creating some value.
The number of shares outstanding for MOD has been increased compared to 1 year ago.
MOD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MOD has a worse debt to assets ratio.
2.2 Solvency
MOD has an Altman-Z score of 5.49. This indicates that MOD is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 5.49, MOD belongs to the best of the industry, outperforming 91.57% of the companies in the same industry.
MOD has a debt to FCF ratio of 4.09. This is a neutral value as MOD would need 4.09 years to pay back of all of its debts.
MOD has a Debt to FCF ratio of 4.09. This is in the lower half of the industry: MOD underperforms 60.24% of its industry peers.
MOD has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
MOD has a Debt to Equity ratio of 0.43. This is in the lower half of the industry: MOD underperforms 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.09 | ||
| Altman-Z | 5.49 |
ROIC/WACC1.73
WACC8.83%
2.3 Liquidity
A Current Ratio of 1.77 indicates that MOD should not have too much problems paying its short term obligations.
MOD's Current ratio of 1.77 is on the low side compared to the rest of the industry. MOD is outperformed by 78.31% of its industry peers.
MOD has a Quick Ratio of 1.09. This is a normal value and indicates that MOD is financially healthy and should not expect problems in meeting its short term obligations.
MOD has a worse Quick ratio (1.09) than 77.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.80% over the past year.
The Earnings Per Share has been growing by 15.52% on average over the past years. This is quite good.
The Revenue has been growing slightly by 2.62% in the past year.
The Revenue has been growing slightly by 1.70% on average over the past years.
EPS 1Y (TTM)21.8%
EPS 3Y37.14%
EPS 5Y15.52%
EPS Q2Q%8.99%
Revenue 1Y (TTM)2.62%
Revenue growth 3Y10.01%
Revenue growth 5Y1.7%
Sales Q2Q%6.04%
3.2 Future
MOD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.67% yearly.
Based on estimates for the next years, MOD will show a quite strong growth in Revenue. The Revenue will grow by 9.44% on average per year.
EPS Next Y18.97%
EPS Next 2Y21.37%
EPS Next 3Y22.67%
EPS Next 5YN/A
Revenue Next Year8.75%
Revenue Next 2Y8.91%
Revenue Next 3Y9.44%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.03, the valuation of MOD can be described as expensive.
Based on the Price/Earnings ratio, MOD is valued a bit more expensive than the industry average as 65.06% of the companies are valued more cheaply.
MOD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.42.
With a Price/Forward Earnings ratio of 19.87, MOD is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MOD indicates a slightly more expensive valuation: MOD is more expensive than 66.27% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.39, MOD is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.03 | ||
| Fwd PE | 19.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MOD indicates a slightly more expensive valuation: MOD is more expensive than 77.11% of the companies listed in the same industry.
75.90% of the companies in the same industry are cheaper than MOD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.45 | ||
| EV/EBITDA | 15.68 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MOD has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as MOD's earnings are expected to grow with 22.67% in the coming years.
PEG (NY)1.42
PEG (5Y)1.74
EPS Next 2Y21.37%
EPS Next 3Y22.67%
5. Dividend
5.1 Amount
No dividends for MOD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MODINE MANUFACTURING CO
NYSE:MOD (1/28/2025, 8:04:00 PM)
After market: 94.1594 -0.97 (-1.02%)95.13
-2.36 (-2.42%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners105.18%
Inst Owner Change-1.43%
Ins Owners1.66%
Ins Owner Change-2.28%
Market Cap4.99B
Analysts81.82
Price Target150.3 (57.99%)
Short Float %6.2%
Short Ratio4.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.3
Dividend Growth(5Y)-11.4%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.62%
Min EPS beat(2)4.2%
Max EPS beat(2)19.04%
EPS beat(4)3
Avg EPS beat(4)11.78%
Min EPS beat(4)-0.29%
Max EPS beat(4)24.18%
EPS beat(8)7
Avg EPS beat(8)29.32%
EPS beat(12)11
Avg EPS beat(12)40.08%
EPS beat(16)13
Avg EPS beat(16)32.49%
Revenue beat(2)2
Avg Revenue beat(2)2.04%
Min Revenue beat(2)0.71%
Max Revenue beat(2)3.37%
Revenue beat(4)2
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-6.57%
Max Revenue beat(4)3.37%
Revenue beat(8)4
Avg Revenue beat(8)0.79%
Revenue beat(12)8
Avg Revenue beat(12)2.28%
Revenue beat(16)10
Avg Revenue beat(16)1.52%
PT rev (1m)0%
PT rev (3m)4.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.03 | ||
| Fwd PE | 19.87 | ||
| P/S | 2.01 | ||
| P/FCF | 50.45 | ||
| P/OCF | 24.77 | ||
| P/B | 5.82 | ||
| P/tB | 11.04 | ||
| EV/EBITDA | 15.68 |
EPS(TTM)3.52
EY3.7%
EPS(NY)4.79
Fwd EY5.03%
FCF(TTM)1.89
FCFY1.98%
OCF(TTM)3.84
OCFY4.04%
SpS47.32
BVpS16.36
TBVpS8.62
PEG (NY)1.42
PEG (5Y)1.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 19.05% | ||
| ROCE | 20.23% | ||
| ROIC | 15.25% | ||
| ROICexc | 16.16% | ||
| ROICexgc | 23.4% | ||
| OM | 11.23% | ||
| PM (TTM) | 6.59% | ||
| GM | 23.78% | ||
| FCFM | 3.98% |
ROA(3y)8.16%
ROA(5y)1.56%
ROE(3y)22.11%
ROE(5y)1.09%
ROIC(3y)11.11%
ROIC(5y)8.99%
ROICexc(3y)11.72%
ROICexc(5y)9.48%
ROICexgc(3y)16.66%
ROICexgc(5y)13.6%
ROCE(3y)14.7%
ROCE(5y)11.89%
ROICexcg growth 3Y21.77%
ROICexcg growth 5Y13.32%
ROICexc growth 3Y22.92%
ROICexc growth 5Y11.36%
OM growth 3Y31.52%
OM growth 5Y13.62%
PM growth 3YN/A
PM growth 5Y11.95%
GM growth 3Y10.4%
GM growth 5Y5.73%
F-Score6
Asset Turnover1.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.09 | ||
| Debt/EBITDA | 1.08 | ||
| Cap/Depr | 152% | ||
| Cap/Sales | 4.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.2% | ||
| Profit Quality | 60.51% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 5.49 |
F-Score6
WACC8.83%
ROIC/WACC1.73
Cap/Depr(3y)112.73%
Cap/Depr(5y)95.67%
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.8%
EPS 3Y37.14%
EPS 5Y15.52%
EPS Q2Q%8.99%
EPS Next Y18.97%
EPS Next 2Y21.37%
EPS Next 3Y22.67%
EPS Next 5YN/A
Revenue 1Y (TTM)2.62%
Revenue growth 3Y10.01%
Revenue growth 5Y1.7%
Sales Q2Q%6.04%
Revenue Next Year8.75%
Revenue Next 2Y8.91%
Revenue Next 3Y9.44%
Revenue Next 5YN/A
EBIT growth 1Y24.73%
EBIT growth 3Y44.69%
EBIT growth 5Y15.56%
EBIT Next Year54.28%
EBIT Next 3Y29.86%
EBIT Next 5YN/A
FCF growth 1Y139.71%
FCF growth 3Y2.5%
FCF growth 5Y33.81%
OCF growth 1Y132.79%
OCF growth 3Y12.73%
OCF growth 5Y15.75%