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 280 industry peers in the Software industry. While MODN seems to be doing ok healthwise, there are quite some concerns on its profitability. MODN is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year MODN was profitable.
In the past year MODN had a positive cash flow from operations.
In the past 5 years MODN always reported negative net income.
In the past 5 years MODN always reported a positive cash flow from operatings.
1.2 Ratios
MODN has a better Return On Assets (0.05%) than 64.86% of its industry peers.
MODN's Return On Equity of 0.19% is fine compared to the rest of the industry. MODN outperforms 67.03% of its industry peers.
| 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
MODN has a Profit Margin of 0.10%. This is in the better half of the industry: MODN outperforms 65.58% of its industry peers.
Looking at the Gross Margin, with a value of 57.06%, MODN is doing worse than 64.13% of the companies in the same industry.
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.
Compared to 5 years ago, MODN has more shares outstanding
MODN has a worse debt/assets ratio than last year.
2.2 Solvency
MODN has an Altman-Z score of 2.15. This is not the best score and indicates that MODN is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of MODN (2.15) is comparable to the rest of the industry.
MODN has a debt to FCF ratio of 4.68. This is a neutral value as MODN would need 4.68 years to pay back of all of its debts.
MODN has a Debt to FCF ratio of 4.68. This is comparable to the rest of the industry: MODN outperforms 59.42% of its industry peers.
A Debt/Equity ratio of 2.05 is on the high side and indicates that MODN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.05, MODN is doing worse than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 4.68 | ||
| Altman-Z | 2.15 |
ROIC/WACCN/A
WACC9.78%
2.3 Liquidity
MODN has a Current Ratio of 3.86. This indicates that MODN is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MODN (3.86) is better than 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.
MODN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 94.38% yearly.
The Revenue has grown by 8.57% in the past year. This is quite good.
The Revenue has been growing by 10.05% on average over the past years. This is quite good.
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
MODN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.28% yearly.
MODN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.98% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.42, which means the current valuation is very expensive for MODN.
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 (26.15), we can say MODN is valued inline with the index average.
The Price/Forward Earnings ratio is 19.66, which indicates a rather expensive current valuation of MODN.
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 36.12, 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
MODN's Enterprise Value to EBITDA is on the same level as the industry average.
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
The 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
No dividends for MODN!.
| 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.