(MOD) Modine Manufacturing - Overview
Stock: Heat Exchangers, HVAC, Data Cooling, Powertrain Cooling, Coatings
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 61.6% |
| Relative Tail Risk | -5.34% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.35 |
| Alpha | 69.36 |
| Character TTM | |
|---|---|
| Beta | 1.960 |
| Beta Downside | 2.213 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.61% |
| CAGR/Max DD | 2.06 |
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) 5.5
| Net Income: 186.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.27 > 1.0 |
| NWC/Revenue: 23.31% < 20% (prev 16.73%; Δ 6.58% < -1%) |
| CFO/TA 0.07 > 3% & CFO 172.3m > Net Income 186.2m |
| Net Debt (498.3m) to EBITDA (353.3m): 1.41 < 3 |
| Current Ratio: 2.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.8m) vs 12m ago -0.19% < -2% |
| Gross Margin: 24.11% > 18% (prev 0.24%; Δ 2387 % > 0.5%) |
| Asset Turnover: 124.9% > 50% (prev 129.7%; Δ -4.82% > 0%) |
| Interest Coverage Ratio: 10.78 > 6 (EBITDA TTM 353.3m / Interest Expense TTM 25.6m) |
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 938.6m / Total Assets 2.39b) |
| C: 0.13 (EBIT TTM 276.0m / Avg Total Assets 2.15b) |
| D: 0.63 (Book Value of Equity 836.4m / Total Liabilities 1.32b) |
| Altman-Z'' Score: 4.53 = AA |
Beneish M -2.90
| DSRI: 1.14 (Receivables 559.0m/452.9m, Revenue 2.69b/2.48b) |
| GMI: 0.99 (GM 24.11% / 23.84%) |
| AQI: 0.92 (AQ_t 0.28 / AQ_t-1 0.31) |
| SGI: 1.08 (Revenue 2.69b / 2.48b) |
| TATA: 0.01 (NI 186.2m - CFO 172.3m) / TA 2.39b) |
| Beneish M-Score: -2.90 (Cap -4..+1) = A |
What is the price of MOD shares?
Over the past week, the price has changed by +35.79%, over one month by +42.04%, over three months by +30.44% and over the past year by +106.78%.
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 | 209.2 | 4.9% |
| Analysts Target Price | 209.2 | 4.9% |
| ValueRay Target Price | 288.1 | 44.4% |
MOD Fundamental Data Overview February 04, 2026
P/E Forward = 29.6736
P/S = 3.8436
P/B = 9.2284
P/EG = 0.8732
Revenue TTM = 2.69b USD
EBIT TTM = 276.0m USD
EBITDA TTM = 353.3m USD
Long Term Debt = 525.8m USD (from longTermDebt, last quarter)
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 = 10.82b USD (10.32b + Debt 582.1m - CCE 83.8m)
Interest Coverage Ratio = 10.78 (Ebit TTM 276.0m / Interest Expense TTM 25.6m)
EV/FCF = 156.4x (Enterprise Value 10.82b / FCF TTM 69.2m)
FCF Yield = 0.64% (FCF TTM 69.2m / Enterprise Value 10.82b)
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 = 4.54 (Enterprise Value 10.82b / 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 = 8.66% (Net Income 186.2m / Total Assets 2.39b)
RoE = 19.44% (Net Income TTM 186.2m / Total Stockholder Equity 957.6m)
RoCE = 18.61% (EBIT 276.0m / Capital Employed (Equity 957.6m + L.T.Debt 525.8m))
RoIC = 13.72% (NOPAT 194.1m / Invested Capital 1.42b)
WACC = 12.49% (E(10.32b)/V(10.90b) * Re(13.14%) + D(582.1m)/V(10.90b) * Rd(1.43%) * (1-Tc(0.30)))
Discount Rate = 13.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.56%
[DCF Debug] Terminal Value 62.99% ; FCFF base≈81.1m ; Y1≈79.4m ; Y5≈80.4m
Fair Price DCF = 4.98 (EV 760.5m - Net Debt 498.3m = Equity 262.2m / Shares 52.6m; r=12.49% [WACC]; 5y FCF grow -3.15% → 2.90% )
EPS Correlation: 30.57 | EPS CAGR: -42.64% | SUE: -4.0 | # QB: 0
Revenue Correlation: 86.18 | Revenue CAGR: 10.85% | SUE: 2.02 | # QB: 2
EPS next Year (2027-03-31): EPS=6.67 | Chg30d=+0.323 | Revisions Net=+4 | Growth EPS=+42.8% | Growth Revenue=+19.1%