Model N Inc (MODN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MODN - US6075251024 - Common Stock
30 USD
+0.03 (+0.1%)
30.002 USD
+0 (+0.01%)
MODN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 281 industry peers in the Software industry. While MODN seems to be doing ok healthwise, there are quite some concerns on its profitability. MODN is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year MODN was profitable.
MODN had a positive operating cash flow in the past year.
MODN had negative earnings in each of the past 5 years.
MODN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.05%, MODN is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
Looking at the Return On Equity, with a value of 0.19%, MODN is in the better half of the industry, outperforming 67.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.05% | ||
| ROE | 0.19% | ||
| ROIC | N/A |
ROA(3y)-7.41%
ROA(5y)-7.58%
ROE(3y)-24.88%
ROE(5y)-24.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 0.10%, MODN is doing good in the industry, outperforming 65.58% of the companies in the same industry.
MODN has a worse Gross Margin (57.06%) than 64.13% of its industry peers.
MODN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 0.1% | ||
| GM | 57.06% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.57%
GM growth 5Y-0.41%
2. Health
2.1 Basic Checks
MODN does not have a ROIC to compare to the WACC, probably because it is not profitable.
MODN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MODN has been increased compared to 5 years ago.
The debt/assets ratio for MODN is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.15 indicates that MODN is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.15, MODN is in line with its industry, outperforming 48.91% of the companies in the same industry.
The Debt to FCF ratio of MODN is 4.68, which is a neutral value as it means it would take MODN, 4.68 years of fcf income to pay off all of its debts.
MODN has a Debt to FCF ratio (4.68) which is in line with its industry peers.
A Debt/Equity ratio of 2.05 is on the high side and indicates that MODN has dependencies on debt financing.
MODN has a Debt to Equity ratio of 2.05. This is amonst the worse of the industry: MODN underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 4.68 | ||
| Altman-Z | 2.15 |
ROIC/WACCN/A
WACC9.78%
2.3 Liquidity
A Current Ratio of 3.86 indicates that MODN has no problem at all paying its short term obligations.
MODN has a Current ratio of 3.86. This is amongst the best in the industry. MODN outperforms 81.16% of its industry peers.
MODN has a Quick Ratio of 3.86. This indicates that MODN is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of MODN (3.86) is better than 81.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.86 | ||
| Quick Ratio | 3.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 34.09% over the past year.
The Earnings Per Share has been growing by 94.38% on average over the past years. This is a very strong growth
MODN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.57%.
MODN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.05% yearly.
EPS 1Y (TTM)34.09%
EPS 3Y32.24%
EPS 5Y94.38%
EPS Q2Q%9.09%
Revenue 1Y (TTM)8.57%
Revenue growth 3Y15.7%
Revenue growth 5Y10.05%
Sales Q2Q%4%
3.2 Future
Based on estimates for the next years, MODN will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.28% on average per year.
Based on estimates for the next years, MODN will show a quite strong growth in Revenue. The Revenue will grow by 8.98% on average per year.
EPS Next Y17.87%
EPS Next 2Y17.26%
EPS Next 3Y19.28%
EPS Next 5YN/A
Revenue Next Year6.15%
Revenue Next 2Y7.69%
Revenue Next 3Y8.98%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MODN is valuated quite expensively with a Price/Earnings ratio of 25.42.
Compared to the rest of the industry, the Price/Earnings ratio of MODN indicates a somewhat cheap valuation: MODN is cheaper than 77.54% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MODN to the average of the S&P500 Index (25.45), we can say MODN is valued inline with the index average.
MODN is valuated rather expensively with a Price/Forward Earnings ratio of 19.66.
MODN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MODN is cheaper than 79.35% of the companies in the same industry.
MODN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 19.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MODN is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, MODN is valued cheaply inside the industry as 85.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.69 | ||
| EV/EBITDA | 223.88 |
4.3 Compensation for Growth
MODN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as MODN's earnings are expected to grow with 19.28% in the coming years.
PEG (NY)1.42
PEG (5Y)0.27
EPS Next 2Y17.26%
EPS Next 3Y19.28%
5. Dividend
5.1 Amount
MODN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30
+0.03 (+0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners10.07%
Inst Owner Change0%
Ins Owners11.38%
Ins Owner Change0%
Market Cap1.18B
Revenue(TTM)256.31M
Net Income(TTM)265.00K
Analysts50
Price Target30.6 (2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)0
Avg EPS beat(2)-11.08%
Min EPS beat(2)-15.94%
Max EPS beat(2)-6.22%
EPS beat(4)2
Avg EPS beat(4)5.42%
Min EPS beat(4)-15.94%
Max EPS beat(4)40.97%
EPS beat(8)6
Avg EPS beat(8)12.91%
EPS beat(12)10
Avg EPS beat(12)91.22%
EPS beat(16)14
Avg EPS beat(16)99.56%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-0.94%
Max Revenue beat(2)0.12%
Revenue beat(4)3
Avg Revenue beat(4)0.06%
Min Revenue beat(4)-0.94%
Max Revenue beat(4)0.64%
Revenue beat(8)7
Avg Revenue beat(8)0.65%
Revenue beat(12)10
Avg Revenue beat(12)0.8%
Revenue beat(16)14
Avg Revenue beat(16)1.12%
PT rev (1m)0%
PT rev (3m)-5.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 19.66 | ||
| P/S | 4.61 | ||
| P/FCF | 19.69 | ||
| P/OCF | 19.47 | ||
| P/B | 8.63 | ||
| P/tB | 26.54 | ||
| EV/EBITDA | 223.88 |
EPS(TTM)1.18
EY3.93%
EPS(NY)1.53
Fwd EY5.09%
FCF(TTM)1.52
FCFY5.08%
OCF(TTM)1.54
OCFY5.14%
SpS6.5
BVpS3.48
TBVpS1.13
PEG (NY)1.42
PEG (5Y)0.27
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.05% | ||
| ROE | 0.19% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 0.1% | ||
| GM | 57.06% | ||
| FCFM | 23.43% |
ROA(3y)-7.41%
ROA(5y)-7.58%
ROE(3y)-24.88%
ROE(5y)-24.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.57%
GM growth 5Y-0.41%
F-Score7
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 4.68 | ||
| Debt/EBITDA | 55.75 | ||
| Cap/Depr | 8.72% | ||
| Cap/Sales | 0.26% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 1204.2% | ||
| Profit Quality | 22664.5% | ||
| Current Ratio | 3.86 | ||
| Quick Ratio | 3.86 | ||
| Altman-Z | 2.15 |
F-Score7
WACC9.78%
ROIC/WACCN/A
Cap/Depr(3y)9.93%
Cap/Depr(5y)8.89%
Cap/Sales(3y)0.39%
Cap/Sales(5y)0.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.09%
EPS 3Y32.24%
EPS 5Y94.38%
EPS Q2Q%9.09%
EPS Next Y17.87%
EPS Next 2Y17.26%
EPS Next 3Y19.28%
EPS Next 5YN/A
Revenue 1Y (TTM)8.57%
Revenue growth 3Y15.7%
Revenue growth 5Y10.05%
Sales Q2Q%4%
Revenue Next Year6.15%
Revenue Next 2Y7.69%
Revenue Next 3Y8.98%
Revenue Next 5YN/A
EBIT growth 1Y79.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year33.6%
EBIT Next 3Y26.48%
EBIT Next 5YN/A
FCF growth 1Y220.67%
FCF growth 3Y18.73%
FCF growth 5Y59.11%
OCF growth 1Y213.25%
OCF growth 3Y17.87%
OCF growth 5Y56.42%
Model N Inc / MODN FAQ
Can you provide the ChartMill fundamental rating for Model N Inc?
ChartMill assigns a fundamental rating of 4 / 10 to MODN.
What is the valuation status for MODN stock?
ChartMill assigns a valuation rating of 4 / 10 to Model N Inc (MODN). This can be considered as Fairly Valued.
How profitable is Model N Inc (MODN) stock?
Model N Inc (MODN) has a profitability rating of 3 / 10.
What is the earnings growth outlook for Model N Inc?
The Earnings per Share (EPS) of Model N Inc (MODN) is expected to grow by 17.87% in the next year.