(MOD) Modine Manufacturing - Overview

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

Stock:

Total Rating 79

Risk 90

Buy Signal 1.29

Auto Parts -3.0
Automotive Parts & Equipment -3.9

Market Cap: 11,524m
Avg Trading Vol: 321M USD

ATR: 5.17%
Peers RS (IBD): 97.78

Risk 5d forecast
Volatility	56.0%
Relative Tail Risk	-4.43%

Reward TTM
Sharpe Ratio	1.84
Alpha	146.63

Character TTM
Beta	2.020
Beta Downside	1.599

Drawdowns 3y
Max DD	51.61%
CAGR/Max DD	2.22

EPS (Earnings per Share)

EPS CAGR: 21.69%
EPS Trend: 87.4%

Last SUE: 3.10
Qual. Beats: 1

Revenue

Rev. CAGR: 9.42%
Rev. Trend: 85.1%

Last SUE: 1.91
Qual. Beats: 3

Primary Risks

P/E ratio: 118.7717

Description: MOD Modine Manufacturing

Modine Manufacturing Company designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally. The company offers heat transfer products, including round tube plate fin construction; gas-fired, hydronic, electric, and oil fired unit heaters; roof-mounted direct- and indirect-fired makeup air units, duct furnaces, infrared units, and perimeter heating products; single packaged unit ventilators, modular chillers, air handler and condensing units, and ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers. It also provides data center products that consists of IT cooling solutions, including precision air conditioning units for data center applications; computer room air conditioning and handler units; hybrid fan coils; fan walls; chillers; condensers; condensing units; and liquid cooling solutions for high-density computing, as well as sells replacement parts, maintenance service and control solutions for existing equipment and new building management controls and systems. In addition, the company offers powertrain cooling products, such as radiators, condensers, engine cooling modules, charge air coolers, fan shrouds, and surge tanks; cooling module generator sets; aluminum and stainless steel engine oil coolers, exhaust gas recirculation coolers, liquid charge air coolers, transmission and retarder oil coolers, chillers, and condensers; battery thermal management systems, electronics cooling packages, battery chillers, battery cooling plates, coolers and casings for electronics cooling, and coolers for electric axles; and coatings products and application services. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin.

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 (768.2m) to EBITDA (264.3m): 2.91 < 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?

As of February 25, 2026, the stock is trading at USD 236.70 with a total of 1,304,254 shares traded.
Over the past week, the price has changed by +9.16%, over one month by +59.40%, over three months by +56.08% and over the past year by +183.95%.

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.

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	251.1	6.1%
Analysts Target Price	251.1	6.1%

MOD Fundamental Data Overview February 21, 2026

P/E Trailing = 118.7717
P/E Forward = 30.9598
P/S = 4.0098
P/B = 10.1768
P/EG = 0.9097
Revenue TTM = 2.87b USD
EBIT TTM = 186.0m USD
EBITDA TTM = 264.3m USD
Long Term Debt = 570.7m USD (from longTermDebt, last quarter)
Short Term Debt = 68.4m USD (from shortTermDebt, last quarter)
Debt = 867.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 768.2m USD (from netDebt column, last quarter)
Enterprise Value = 12.29b USD (11.52b + Debt 867.1m - CCE 98.7m)
Interest Coverage Ratio = 6.57 (Ebit TTM 186.0m / Interest Expense TTM 28.3m)
EV/FCF = 1000.0x (Enterprise Value 12.29b / FCF TTM 7.40m)
FCF Yield = 0.06% (FCF TTM 7.40m / Enterprise Value 12.29b)
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 = 4.95 (Enterprise Value 12.29b / Total Assets 2.48b)
Interest Expense / Debt = 1.03% (Interest Expense 8.90m / Debt 867.1m)
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 = 0.77 (Debt 867.1m / totalStockholderEquity, last quarter 1.12b)
Debt / EBITDA = 2.91 (Net Debt 768.2m / EBITDA 264.3m)
Debt / FCF = 103.8 (Net Debt 768.2m / 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 = 11.66% (EBIT 186.0m / Capital Employed (Equity 1.02b + L.T.Debt 570.7m))
RoIC = 8.80% (NOPAT 135.8m / Invested Capital 1.54b)
WACC = 12.48% (E(11.52b)/V(12.39b) * Re(13.36%) + D(867.1m)/V(12.39b) * Rd(1.03%) * (1-Tc(0.27)))
Discount Rate = 13.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.38%
[DCF Debug] Terminal Value 63.03% ; FCFF base≈43.3m ; Y1≈42.3m ; Y5≈42.9m
Fair Price DCF = N/A (negative equity: EV 406.4m - Net Debt 768.2m = -361.8m; 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=1.65 | Chg30d=+0.261 | Revisions Net=+2 | Analysts=5
EPS next Year (2027-03-31): EPS=7.37 | Chg30d=+1.020 | Revisions Net=+7 | Growth EPS=+50.9% | Growth Revenue=+21.9%

Additional Sources for MOD Stock

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