MODINE MANUFACTURING CO (MOD)
US6078281002 - Common Stock
We assign a fundamental rating of 5 out of 10 to MOD. MOD was compared to 82 industry peers in the Automobile Components industry. MOD has an excellent profitability rating, 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.
Each year in the past 5 years MOD had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 8.54%, MOD belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
With an excellent Return On Equity value of 19.05%, MOD belongs to the best of the industry, outperforming 93.90% 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 95.12% of the companies in the same industry.
MOD had an Average Return On Invested Capital over the past 3 years of 11.11%. This is in line with the industry average of 9.42%.
The 3 year average ROIC (11.11%) for MOD is below the current ROIC(15.25%), indicating increased profibility in the last year.
| 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
MOD has a Profit Margin (6.59%) which is in line with its industry peers.
In the last couple of years the Profit Margin of MOD has grown nicely.
With a Operating Margin value of 11.23%, MOD perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
In the last couple of years the Operating Margin of MOD has grown nicely.
MOD's Gross Margin of 23.78% is on the low side compared to the rest of the industry. MOD is outperformed by 65.85% of its industry peers.
MOD's Gross Margin has improved in the last couple of years.
| 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
MOD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
MOD has more shares outstanding than it did 1 year ago.
MOD has more shares outstanding than it did 5 years ago.
MOD has a worse debt/assets ratio than last year.
2.2 Solvency
MOD has an Altman-Z score of 6.12. This indicates that MOD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MOD (6.12) is better than 92.68% of its industry peers.
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's Debt to FCF ratio of 4.09 is on the low side compared to the rest of the industry. MOD is outperformed by 60.98% 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 worse Debt to Equity ratio (0.43) than 69.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.09 | ||
| Altman-Z | 6.12 |
ROIC/WACC1.7
WACC8.96%
2.3 Liquidity
MOD has a Current Ratio of 1.77. This is a normal value and indicates that MOD is financially healthy and should not expect problems in meeting 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 79.27% of its industry peers.
A Quick Ratio of 1.09 indicates that MOD should not have too much problems paying its short term obligations.
The Quick ratio of MOD (1.09) is worse than 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
MOD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.80%, which is quite impressive.
Measured over the past years, MOD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.52% on average per year.
MOD shows a small growth in Revenue. In the last year, the Revenue has grown by 2.62%.
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.
MOD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.44% yearly.
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 34.23, 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 70.73% of the companies are valued more cheaply.
MOD is valuated rather expensively when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
MOD is valuated quite expensively with a Price/Forward Earnings ratio of 25.17.
Based on the Price/Forward Earnings ratio, MOD is valued a bit more expensive than the industry average as 71.95% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 23.99. MOD is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.23 | ||
| Fwd PE | 25.17 |
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 79.27% of the companies listed in the same industry.
MOD's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MOD is more expensive than 79.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 63.9 | ||
| EV/EBITDA | 18.87 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MOD has a very decent profitability rating, which may justify a higher PE ratio.
MOD's earnings are expected to grow with 22.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.8
PEG (5Y)2.21
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 (12/26/2024, 4:18:53 PM)
After market: 120.5 0 (0%)120.5
+1.92 (+1.62%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners105.18%
Inst Owner Change0.76%
Ins Owners1.66%
Ins Owner Change-3.04%
Market Cap6.33B
Analysts84
Price Target150.3 (24.73%)
Short Float %6.97%
Short Ratio5.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)4.21%
PT rev (3m)10.79%
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)0.04%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.23 | ||
| Fwd PE | 25.17 | ||
| P/S | 2.55 | ||
| P/FCF | 63.9 | ||
| P/OCF | 31.38 | ||
| P/B | 7.37 | ||
| P/tB | 13.99 | ||
| EV/EBITDA | 18.87 |
EPS(TTM)3.52
EY2.92%
EPS(NY)4.79
Fwd EY3.97%
FCF(TTM)1.89
FCFY1.56%
OCF(TTM)3.84
OCFY3.19%
SpS47.32
BVpS16.36
TBVpS8.62
PEG (NY)1.8
PEG (5Y)2.21
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 | 6.12 |
F-Score6
WACC8.96%
ROIC/WACC1.7
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 Year54.72%
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%