Overview Dividends

(MOD) Modine Manufacturing - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6078281002

Heat Exchangers, Unit Heaters, Data Center Cooling, Powertrain Cooling, Battery Thermal Management

MOD EPS (Earnings per Share)

EPS Growth (3Y CAGR): 33.39%
EPS Trend (3Y Correlation): 83.2%

MOD Revenue

Revenue Growth (3Y CAGR): 10.61%
Revenue Trend (3Y Correlation): 76.8%

Risk via 10d forecast
Volatility	59.7%
Value at Risk 5%th	91.1%

Reward
Sharpe Ratio	0.45
Alpha Jensen	-8.49

Character
Hurst Exponent	0.651
Beta	1.692

Drawdowns 3y
Max DD	51.61%
Mean DD	11.94%

Description: MOD Modine Manufacturing November 06, 2025

Modine Manufacturing Company (NYSE: MOD) designs, engineers, tests, manufactures, and sells mission-critical thermal-management solutions across a broad geographic footprint that includes North America, Europe, and Asia. Its product portfolio spans industrial heat exchangers, HVAC units, data-center cooling systems, and power-train cooling components for conventional and electric vehicles.

Key quantitative signals (as of FY 2024) show revenue of roughly $1.2 billion, with an operating margin of 7-8 % and a free-cash-flow conversion near 5 %. The company’s exposure to the rapidly expanding data-center market is a material growth driver-global data-center cooling spend is projected to rise at a CAGR of ~6 % through 2028, outpacing overall IT capex. Simultaneously, the transition to electric vehicles fuels demand for battery-thermal-management and power-train cooling modules, a segment that historically represents ~15 % of MOD’s sales but is expected to grow at double-digit rates as EV adoption accelerates.

For a deeper quantitative view, you may find ValueRay’s MOD dashboard useful for tracking the latest earnings trends, segment performance, and macro-driven valuation metrics.

MOD Stock Overview

Market Cap in USD	8,234m
Sub-Industry	Automotive Parts & Equipment
IPO / Inception	1990-03-26
Return 12m vs S&P 500	1.89%
Analyst Rating	4.50 of 5

MOD Dividends

Currently no dividends paid

MOD Growth Ratios

CAGR	92.36%
CAGR/Max DD Calmar Ratio	1.79
CAGR/Mean DD Pain Ratio	7.73
Current Volume	773k
Average Volume	915.9k

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (186.2m TTM) > 0 and > 6% of Revenue (6% = 161.1m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA -2.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 23.31% (prev 16.73%; Δ 6.58pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 172.3m <= Net Income 186.2m (YES >=105%, WARN >=100%)

Net Debt (498.3m) to EBITDA (353.3m) ratio: 1.41 <= 3.0 (WARN <= 3.5)

Current Ratio 2.00 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (53.8m) change vs 12m ago -0.19% (target <= -2.0% for YES)

Gross Margin 24.11% (prev 23.84%; Δ 0.26pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 124.9% (prev 129.7%; Δ -4.82pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 10.78 (EBITDA TTM 353.3m / Interest Expense TTM 25.6m) >= 6 (WARN >= 3)

Altman Z'' 4.53

(A) 0.26 = (Total Current Assets 1.25b - Total Current Liabilities 625.9m) / Total Assets 2.39b

(B) 0.39 = Retained Earnings (Balance) 938.6m / Total Assets 2.39b

(D) 0.63 = Book Value of Equity 836.4m / Total Liabilities 1.32b

Total Rating: 4.53 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 69.75

1. Piotroski 5.0pt = 0.0

2. FCF Yield 0.79% = 0.40

3. FCF Margin 2.58% = 0.64

4. Debt/Equity 0.55 = 2.35

5. Debt/Ebitda 1.41 = 1.12

6. ROIC - WACC (= 2.96)% = 3.70

7. RoE 19.44% = 1.62

8. Rev. Trend 76.80% = 5.76

9. EPS Trend 83.20% = 4.16

What is the price of MOD shares?

As of November 13, 2025, the stock is trading at USD 147.40 with a total of 772,973 shares traded.
Over the past week, the price has changed by -2.52%, over one month by -1.50%, over three months by +3.72% and over the past year by +18.07%.

Is Modine Manufacturing a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Modine Manufacturing (NYSE:MOD) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 69.75 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MOD is around 215.28 USD . This means that MOD is currently undervalued and has a potential upside of +46.05% (Margin of Safety).

Is MOD a buy, sell or hold?

Modine Manufacturing has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy MOD.

Strong Buy: 4
Buy: 1
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the MOD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	185	25.5%
Analysts Target Price	185	25.5%
ValueRay Target Price	246.5	67.2%

MOD Fundamental Data Overview November 11, 2025

Market Cap USD = 8.23b (8.23b USD * 1.0 USD.USD)
P/E Trailing = 45.0692
P/E Forward = 34.0136
P/S = 3.0658
P/B = 7.6709
P/EG = 0.9995
Beta = 1.692
Revenue TTM = 2.69b USD
EBIT TTM = 276.0m USD
EBITDA TTM = 353.3m USD
Long Term Debt = 296.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = 56.3m USD (from shortTermDebt, last quarter)
Debt = 582.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 498.3m USD (from netDebt column, last quarter)
Enterprise Value = 8.73b USD (8.23b + Debt 582.1m - CCE 83.8m)
Interest Coverage Ratio = 10.78 (Ebit TTM 276.0m / Interest Expense TTM 25.6m)
FCF Yield = 0.79% (FCF TTM 69.2m / Enterprise Value 8.73b)
FCF Margin = 2.58% (FCF TTM 69.2m / Revenue TTM 2.69b)
Net Margin = 6.93% (Net Income TTM 186.2m / Revenue TTM 2.69b)
Gross Margin = 24.11% ((Revenue TTM 2.69b - Cost of Revenue TTM 2.04b) / Revenue TTM)
Gross Margin QoQ = 22.32% (prev 24.22%)
Tobins Q-Ratio = 3.66 (Enterprise Value 8.73b / Total Assets 2.39b)
Interest Expense / Debt = 1.43% (Interest Expense 8.30m / Debt 582.1m)
Taxrate = 29.67% (18.9m / 63.7m)
NOPAT = 194.1m (EBIT 276.0m * (1 - 29.67%))
Current Ratio = 2.00 (Total Current Assets 1.25b / Total Current Liabilities 625.9m)
Debt / Equity = 0.55 (Debt 582.1m / totalStockholderEquity, last quarter 1.05b)
Debt / EBITDA = 1.41 (Net Debt 498.3m / EBITDA 353.3m)
Debt / FCF = 7.20 (Net Debt 498.3m / FCF TTM 69.2m)
Total Stockholder Equity = 957.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.80% (Net Income 186.2m / Total Assets 2.39b)
RoE = 19.44% (Net Income TTM 186.2m / Total Stockholder Equity 957.6m)
RoCE = 22.00% (EBIT 276.0m / Capital Employed (Equity 957.6m + L.T.Debt 296.7m))
RoIC = 14.47% (NOPAT 194.1m / Invested Capital 1.34b)
WACC = 11.51% (E(8.23b)/V(8.82b) * Re(12.25%) + D(582.1m)/V(8.82b) * Rd(1.43%) * (1-Tc(0.30)))
Discount Rate = 12.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.56%
[DCF Debug] Terminal Value 63.99% ; FCFE base≈81.1m ; Y1≈79.4m ; Y5≈80.6m
Fair Price DCF = 14.95 (DCF Value 787.3m / Shares Outstanding 52.6m; 5y FCF grow -3.15% → 3.0% )
EPS Correlation: 83.20 | EPS CAGR: 33.39% | SUE: 0.38 | # QB: 0
Revenue Correlation: 76.80 | Revenue CAGR: 10.61% | SUE: 2.02 | # QB: 2

Additional Sources for MOD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle