(MOD) Modine Manufacturing - Overview
Stock: Heat Exchangers, HVAC, Data Cooling, Powertrain Cooling, Coatings
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 59.8% |
| Relative Tail Risk | -3.69% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.45 |
| Alpha | 78.77 |
| Character TTM | |
|---|---|
| Beta | 1.932 |
| Beta Downside | 2.193 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.61% |
| CAGR/Max DD | 2.20 |
Description: MOD Modine Manufacturing January 09, 2026
Modine Manufacturing (NYSE: MOD) designs, engineers, tests, manufactures, and sells mission-critical thermal-management solutions across a broad industrial spectrum, serving markets in North America, Europe, and Asia. Its product portfolio spans heat-transfer units (e.g., round-tube plate-fin heaters, roof-mounted makeup-air units), HVAC components (chillers, air handlers, ceiling cassettes), and specialized cooling systems for data centers, power-train, and high-density electronics.
The company’s revenue is heavily weighted toward the automotive and industrial segments, with FY 2023 sales of roughly $1.3 billion and an operating margin of about 9 %. Recent earnings calls highlighted a ~15 % compound annual growth rate (CAGR) in its electric-vehicle (EV) power-train cooling business, driven by rising EV production volumes and stricter thermal-management regulations.
Key macro drivers include U.S. construction-spending trends (which influence demand for HVAC and building-management solutions) and global data-center capex growth, projected to rise 10-12 % annually through 2027. A lingering uncertainty is the pace of supply-chain normalization for aluminum and stainless-steel inputs, which could affect gross-margin stability.
For a deeper quantitative view of MOD’s valuation metrics and scenario analysis, a quick look at ValueRay’s analyst dashboard can help you spot potential upside or downside risks.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 97.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -5.01 > 1.0 |
| NWC/Revenue: 24.62% < 20% (prev 16.62%; Δ 8.00% < -1%) |
| CFO/TA 0.05 > 3% & CFO 136.3m > Net Income 97.8m |
| Net Debt (517.1m) to EBITDA (264.3m): 1.96 < 3 |
| Current Ratio: 2.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (52.8m) vs 12m ago -2.13% < -2% |
| Gross Margin: 23.80% > 18% (prev 0.24%; Δ 2356 % > 0.5%) |
| Asset Turnover: 133.3% > 50% (prev 138.8%; Δ -5.53% > 0%) |
| Interest Coverage Ratio: 6.57 > 6 (EBITDA TTM 264.3m / Interest Expense TTM 28.3m) |
Altman Z'' 4.32
| A: 0.28 (Total Current Assets 1.30b - Total Current Liabilities 596.2m) / Total Assets 2.48b |
| B: 0.36 (Retained Earnings 891.2m / Total Assets 2.48b) |
| C: 0.09 (EBIT TTM 186.0m / Avg Total Assets 2.16b) |
| D: 0.66 (Book Value of Equity 899.1m / Total Liabilities 1.35b) |
| Altman-Z'' Score: 4.32 = AA |
Beneish M -2.83
| DSRI: 1.19 (Receivables 569.1m/423.0m, Revenue 2.87b/2.54b) |
| GMI: 1.02 (GM 23.80% / 24.20%) |
| AQI: 0.91 (AQ_t 0.28 / AQ_t-1 0.31) |
| SGI: 1.13 (Revenue 2.87b / 2.54b) |
| TATA: -0.02 (NI 97.8m - CFO 136.3m) / TA 2.48b) |
| Beneish M-Score: -2.83 (Cap -4..+1) = A |
What is the price of MOD shares?
Over the past week, the price has changed by +16.82%, over one month by +65.98%, over three months by +44.69% and over the past year by +120.82%.
Is MOD a buy, sell or hold?
- StrongBuy: 4
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MOD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 226.7 | 5.1% |
| Analysts Target Price | 226.7 | 5.1% |
| ValueRay Target Price | 312 | 44.6% |
MOD Fundamental Data Overview February 07, 2026
P/E Forward = 29.8507
P/S = 4.0249
P/B = 9.9715
P/EG = 0.8772
Revenue TTM = 2.87b USD
EBIT TTM = 186.0m USD
EBITDA TTM = 264.3m USD
Long Term Debt = 296.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = 45.1m USD (from shortTermDebt, last quarter)
Debt = 615.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 517.1m USD (from netDebt column, last quarter)
Enterprise Value = 11.33b USD (10.81b + Debt 615.8m - CCE 98.7m)
Interest Coverage Ratio = 6.57 (Ebit TTM 186.0m / Interest Expense TTM 28.3m)
EV/FCF = 1000.0x (Enterprise Value 11.33b / FCF TTM 7.40m)
FCF Yield = 0.07% (FCF TTM 7.40m / Enterprise Value 11.33b)
FCF Margin = 0.26% (FCF TTM 7.40m / Revenue TTM 2.87b)
Net Margin = 3.40% (Net Income TTM 97.8m / Revenue TTM 2.87b)
Gross Margin = 23.80% ((Revenue TTM 2.87b - Cost of Revenue TTM 2.19b) / Revenue TTM)
Gross Margin QoQ = 23.12% (prev 22.32%)
Tobins Q-Ratio = 4.56 (Enterprise Value 11.33b / Total Assets 2.48b)
Interest Expense / Debt = 1.45% (Interest Expense 8.90m / Debt 615.8m)
Taxrate = 26.97% (68.5m / 254.0m)
NOPAT = 135.8m (EBIT 186.0m * (1 - 26.97%))
Current Ratio = 2.19 (Total Current Assets 1.30b / Total Current Liabilities 596.2m)
Debt / Equity = 0.55 (Debt 615.8m / totalStockholderEquity, last quarter 1.12b)
Debt / EBITDA = 1.96 (Net Debt 517.1m / EBITDA 264.3m)
Debt / FCF = 69.88 (Net Debt 517.1m / FCF TTM 7.40m)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.54% (Net Income 97.8m / Total Assets 2.48b)
RoE = 9.55% (Net Income TTM 97.8m / Total Stockholder Equity 1.02b)
RoCE = 14.08% (EBIT 186.0m / Capital Employed (Equity 1.02b + L.T.Debt 296.7m))
RoIC = 9.19% (NOPAT 135.8m / Invested Capital 1.48b)
WACC = 12.39% (E(10.81b)/V(11.43b) * Re(13.04%) + D(615.8m)/V(11.43b) * Rd(1.45%) * (1-Tc(0.27)))
Discount Rate = 13.04% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.38%
[DCF Debug] Terminal Value 63.27% ; FCFF base≈43.3m ; Y1≈42.3m ; Y5≈42.9m
Fair Price DCF = N/A (negative equity: EV 409.9m - Net Debt 517.1m = -107.2m; debt exceeds intrinsic value)
EPS Correlation: 87.36 | EPS CAGR: 21.69% | SUE: 3.10 | # QB: 1
Revenue Correlation: 85.12 | Revenue CAGR: 9.42% | SUE: 1.91 | # QB: 3
EPS next Quarter (2026-06-30): EPS=1.47 | Chg30d=+0.082 | Revisions Net=+2 | Analysts=2
EPS next Year (2027-03-31): EPS=6.79 | Chg30d=+0.436 | Revisions Net=+4 | Growth EPS=+43.9% | Growth Revenue=+19.2%