MODINE MANUFACTURING CO (MOD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MOD - US6078281002 - Common Stock
142.27 USD
+2.39 (+1.71%)
143.583 USD
+1.31 (+0.92%)
Taking everything into account, MOD scores 6 out of 10 in our fundamental rating. MOD was compared to 82 industry peers in the Automobile Components industry. MOD has an excellent profitability rating, but there are some minor concerns on its financial health. MOD shows excellent growth, but is valued quite expensive already. With these ratings, MOD could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
MOD had positive earnings in the past year.
In the past year MOD had a positive cash flow from operations.
Of the past 5 years MOD 4 years were profitable.
In the past 5 years MOD always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 7.80%, MOD belongs to the best of the industry, outperforming 91.46% of the companies in the same industry.
With an excellent Return On Equity value of 17.67%, MOD belongs to the best of the industry, outperforming 97.56% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 13.18%, MOD belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MOD is significantly above the industry average of 8.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 17.67% | ||
| ROIC | 13.18% |
ROA(3y)9.37%
ROA(5y)3.51%
ROE(3y)22.55%
ROE(5y)5.22%
ROIC(3y)13.99%
ROIC(5y)11.42%
1.3 Margins
With an excellent Profit Margin value of 6.93%, MOD belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
In the last couple of years the Profit Margin of MOD has grown nicely.
With an excellent Operating Margin value of 11.67%, MOD belongs to the best of the industry, outperforming 93.90% of the companies in the same industry.
MOD's Operating Margin has improved in the last couple of years.
MOD's Gross Margin of 24.05% is on the low side compared to the rest of the industry. MOD is outperformed by 63.41% of its industry peers.
In the last couple of years the Gross Margin of MOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.67% | ||
| PM (TTM) | 6.93% | ||
| GM | 24.05% |
OM growth 3Y37.91%
OM growth 5Y32.44%
PM growth 3Y19.67%
PM growth 5YN/A
GM growth 3Y18.21%
GM growth 5Y9.87%
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.
MOD has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for MOD has been increased compared to 5 years ago.
The debt/assets ratio for MOD has been reduced compared to a year ago.
2.2 Solvency
MOD has an Altman-Z score of 5.74. This indicates that MOD is financially healthy and has little risk of bankruptcy at the moment.
MOD's Altman-Z score of 5.74 is amongst the best of the industry. MOD outperforms 87.80% of its industry peers.
The Debt to FCF ratio of MOD is 14.03, which is on the high side as it means it would take MOD, 14.03 years of fcf income to pay off all of its debts.
MOD has a worse Debt to FCF ratio (14.03) than 71.95% of its industry peers.
A Debt/Equity ratio of 0.51 indicates that MOD is somewhat dependend on debt financing.
MOD has a worse Debt to Equity ratio (0.51) than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 14.03 | ||
| Altman-Z | 5.74 |
ROIC/WACC1.53
WACC8.64%
2.3 Liquidity
MOD has a Current Ratio of 2.00. This indicates that MOD is financially healthy and has no problem in meeting its short term obligations.
MOD's Current ratio of 2.00 is fine compared to the rest of the industry. MOD outperforms 76.83% of its industry peers.
MOD has a Quick Ratio of 1.16. This is a normal value and indicates that MOD is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of MOD (1.16) is better than 71.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
MOD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.18%, which is quite good.
MOD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.99% yearly.
The Revenue has grown by 8.10% in the past year. This is quite good.
The Revenue has been growing slightly by 5.51% on average over the past years.
EPS 1Y (TTM)18.18%
EPS 3Y50%
EPS 5Y30.99%
EPS Q2Q%9.28%
Revenue 1Y (TTM)8.1%
Revenue growth 3Y8.01%
Revenue growth 5Y5.51%
Sales Q2Q%12.29%
3.2 Future
MOD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.05% yearly.
The Revenue is expected to grow by 16.75% on average over the next years. This is quite good.
EPS Next Y16.73%
EPS Next 2Y25.85%
EPS Next 3Y27.05%
EPS Next 5YN/A
Revenue Next Year18.44%
Revenue Next 2Y16.92%
Revenue Next 3Y16.75%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 34.20, MOD can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MOD is valued a bit more expensive than the industry average as 68.29% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.55, MOD is valued a bit more expensive.
With a Price/Forward Earnings ratio of 22.18, MOD is valued on the expensive side.
65.85% of the companies in the same industry are cheaper than MOD, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.78. MOD is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.2 | ||
| Fwd PE | 22.18 |
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 74.39% of the companies listed in the same industry.
76.83% 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 | 180.49 | ||
| EV/EBITDA | 20.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MOD does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of MOD may justify a higher PE ratio.
A more expensive valuation may be justified as MOD's earnings are expected to grow with 27.05% in the coming years.
PEG (NY)2.04
PEG (5Y)1.1
EPS Next 2Y25.85%
EPS Next 3Y27.05%
5. Dividend
5.1 Amount
MOD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
142.27
+2.39 (+1.71%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners114.68%
Inst Owner Change5.91%
Ins Owners1.4%
Ins Owner Change-5.18%
Market Cap7.49B
Revenue(TTM)2.69B
Net Income(TTM)186.20M
Analysts85
Price Target174.34 (22.54%)
Short Float %10.24%
Short Ratio5.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.84%
Min EPS beat(2)3.95%
Max EPS beat(2)13.73%
EPS beat(4)4
Avg EPS beat(4)12.21%
Min EPS beat(4)3.95%
Max EPS beat(4)16.12%
EPS beat(8)7
Avg EPS beat(8)12%
EPS beat(12)11
Avg EPS beat(12)23.62%
EPS beat(16)15
Avg EPS beat(16)33.11%
Revenue beat(2)2
Avg Revenue beat(2)4.3%
Min Revenue beat(2)3.84%
Max Revenue beat(2)4.76%
Revenue beat(4)3
Avg Revenue beat(4)2.35%
Min Revenue beat(4)-0.7%
Max Revenue beat(4)4.76%
Revenue beat(8)5
Avg Revenue beat(8)0.7%
Revenue beat(12)7
Avg Revenue beat(12)1.31%
Revenue beat(16)11
Avg Revenue beat(16)2.3%
PT rev (1m)3.23%
PT rev (3m)11.05%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)-12.33%
EPS NY rev (1m)0.73%
EPS NY rev (3m)0.98%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)6.08%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)5.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.2 | ||
| Fwd PE | 22.18 | ||
| P/S | 2.79 | ||
| P/FCF | 180.49 | ||
| P/OCF | 51.8 | ||
| P/B | 7.11 | ||
| P/tB | 13.49 | ||
| EV/EBITDA | 20.1 |
EPS(TTM)4.16
EY2.92%
EPS(NY)6.41
Fwd EY4.51%
FCF(TTM)0.79
FCFY0.55%
OCF(TTM)2.75
OCFY1.93%
SpS51.01
BVpS20.01
TBVpS10.55
PEG (NY)2.04
PEG (5Y)1.1
Graham Number43.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 17.67% | ||
| ROCE | 17.8% | ||
| ROIC | 13.18% | ||
| ROICexc | 13.84% | ||
| ROICexgc | 19.63% | ||
| OM | 11.67% | ||
| PM (TTM) | 6.93% | ||
| GM | 24.05% | ||
| FCFM | 1.55% |
ROA(3y)9.37%
ROA(5y)3.51%
ROE(3y)22.55%
ROE(5y)5.22%
ROIC(3y)13.99%
ROIC(5y)11.42%
ROICexc(3y)14.76%
ROICexc(5y)12.04%
ROICexgc(3y)20.94%
ROICexgc(5y)17.25%
ROCE(3y)18.88%
ROCE(5y)15.41%
ROICexgc growth 3Y31.11%
ROICexgc growth 5Y36.67%
ROICexc growth 3Y31.05%
ROICexc growth 5Y35.05%
OM growth 3Y37.91%
OM growth 5Y32.44%
PM growth 3Y19.67%
PM growth 5YN/A
GM growth 3Y18.21%
GM growth 5Y9.87%
F-Score5
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 14.03 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 133.38% | ||
| Cap/Sales | 3.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 37.02% | ||
| Profit Quality | 22.29% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 5.74 |
F-Score5
WACC8.64%
ROIC/WACC1.53
Cap/Depr(3y)119.63%
Cap/Depr(5y)98.79%
Cap/Sales(3y)3.04%
Cap/Sales(5y)2.66%
Profit Quality(3y)61.82%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.18%
EPS 3Y50%
EPS 5Y30.99%
EPS Q2Q%9.28%
EPS Next Y16.73%
EPS Next 2Y25.85%
EPS Next 3Y27.05%
EPS Next 5YN/A
Revenue 1Y (TTM)8.1%
Revenue growth 3Y8.01%
Revenue growth 5Y5.51%
Sales Q2Q%12.29%
Revenue Next Year18.44%
Revenue Next 2Y16.92%
Revenue Next 3Y16.75%
Revenue Next 5YN/A
EBIT growth 1Y12.33%
EBIT growth 3Y48.96%
EBIT growth 5Y39.74%
EBIT Next Year52.22%
EBIT Next 3Y33.5%
EBIT Next 5YN/A
FCF growth 1Y-61.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.85%
OCF growth 3Y164.71%
OCF growth 5Y29.8%
MODINE MANUFACTURING CO / MOD FAQ
What is the fundamental rating for MOD stock?
ChartMill assigns a fundamental rating of 6 / 10 to MOD.
What is the valuation status for MOD stock?
ChartMill assigns a valuation rating of 2 / 10 to MODINE MANUFACTURING CO (MOD). This can be considered as Overvalued.
Can you provide the profitability details for MODINE MANUFACTURING CO?
MODINE MANUFACTURING CO (MOD) has a profitability rating of 8 / 10.
What are the PE and PB ratios of MODINE MANUFACTURING CO (MOD) stock?
The Price/Earnings (PE) ratio for MODINE MANUFACTURING CO (MOD) is 34.2 and the Price/Book (PB) ratio is 7.11.