MODINE MANUFACTURING CO (MOD) Stock Fundamental Analysis
USA - NYSE:MOD - US6078281002 - Common Stock
151.7 USD
-8.04 (-5.03%)
151.7 USD
0 (0%)
MOD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 82 industry peers in the Automobile Components industry. While MOD has a great profitability rating, there are some minor concerns on its financial health. MOD is valued quite expensive, but it does show an excellent growth. These ratings could make MOD a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
MOD had positive earnings in the past year.
In the past year MOD had a positive cash flow from operations.
MOD had positive earnings in 4 of the past 5 years.
In the past 5 years MOD always reported a positive cash flow from operatings.
1.2 Ratios
MOD's Return On Assets of 7.80% is amongst the best of the industry. MOD outperforms 91.46% of its industry peers.
The Return On Equity of MOD (17.67%) is better than 96.34% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.18%, MOD belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MOD is significantly above the industry average of 8.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 17.67% | ||
| ROIC | 13.18% |
ROA(3y)9.37%
ROA(5y)3.51%
ROE(3y)22.55%
ROE(5y)5.22%
ROIC(3y)13.99%
ROIC(5y)11.42%
1.3 Margins
Looking at the Profit Margin, with a value of 6.93%, MOD belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
In the last couple of years the Profit Margin of MOD has grown nicely.
Looking at the Operating Margin, with a value of 11.67%, MOD belongs to the top of the industry, outperforming 93.90% of the companies in the same industry.
In the last couple of years the Operating Margin of MOD has grown nicely.
MOD has a Gross Margin of 24.05%. This is in the lower half of the industry: MOD underperforms 63.41% of its industry peers.
In the last couple of years the Gross Margin of MOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.67% | ||
| PM (TTM) | 6.93% | ||
| GM | 24.05% |
OM growth 3Y37.91%
OM growth 5Y32.44%
PM growth 3Y19.67%
PM growth 5YN/A
GM growth 3Y18.21%
GM growth 5Y9.87%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MOD is still creating some value.
The number of shares outstanding for MOD remains at a similar level compared to 1 year ago.
Compared to 5 years ago, MOD has more shares outstanding
Compared to 1 year ago, MOD has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.20 indicates that MOD is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.20, MOD belongs to the best of the industry, outperforming 89.02% of the companies in the same industry.
MOD has a debt to FCF ratio of 14.03. This is a negative value and a sign of low solvency as MOD would need 14.03 years to pay back of all of its debts.
With a Debt to FCF ratio value of 14.03, MOD is not doing good in the industry: 70.73% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.51 indicates that MOD is somewhat dependend on debt financing.
MOD has a worse Debt to Equity ratio (0.51) than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 14.03 | ||
| Altman-Z | 6.2 |
ROIC/WACC1.51
WACC8.72%
2.3 Liquidity
MOD has a Current Ratio of 2.00. This indicates that MOD is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.00, MOD is in the better half of the industry, outperforming 74.39% of the companies in the same industry.
A Quick Ratio of 1.16 indicates that MOD should not have too much problems paying its short term obligations.
The Quick ratio of MOD (1.16) is better than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
MOD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.18%, which is quite good.
Measured over the past years, MOD shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.99% on average per year.
The Revenue has grown by 8.10% in the past year. This is quite good.
Measured over the past years, MOD shows a small growth in Revenue. The Revenue has been growing by 5.51% on average per year.
EPS 1Y (TTM)18.18%
EPS 3Y50%
EPS 5Y30.99%
EPS Q2Q%9.28%
Revenue 1Y (TTM)8.1%
Revenue growth 3Y8.01%
Revenue growth 5Y5.51%
Sales Q2Q%12.29%
3.2 Future
MOD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.64% yearly.
MOD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.30% yearly.
EPS Next Y15.88%
EPS Next 2Y25.5%
EPS Next 3Y26.64%
EPS Next 5YN/A
Revenue Next Year18.29%
Revenue Next 2Y16.75%
Revenue Next 3Y16.3%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 36.47, the valuation of MOD can be described as expensive.
Based on the Price/Earnings ratio, MOD is valued a bit more expensive than 69.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.28, MOD is valued a bit more expensive.
The Price/Forward Earnings ratio is 23.78, which indicates a rather expensive current valuation of MOD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MOD indicates a slightly more expensive valuation: MOD is more expensive than 68.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.61, MOD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.47 | ||
| Fwd PE | 23.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MOD is valued a bit more expensive than 75.61% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MOD indicates a slightly more expensive valuation: MOD is more expensive than 76.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 191.87 | ||
| EV/EBITDA | 22.71 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MOD does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of MOD may justify a higher PE ratio.
MOD's earnings are expected to grow with 26.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.3
PEG (5Y)1.18
EPS Next 2Y25.5%
EPS Next 3Y26.64%
5. Dividend
5.1 Amount
MOD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
151.7
-8.04 (-5.03%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners109.41%
Inst Owner Change1.31%
Ins Owners1.53%
Ins Owner Change-4.34%
Market Cap7.96B
Revenue(TTM)2.69B
Net Income(TTM)186.20M
Analysts85.45
Price Target168.89 (11.33%)
Short Float %10.39%
Short Ratio6.96
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)2
Avg EPS beat(2)8.84%
Min EPS beat(2)3.95%
Max EPS beat(2)13.73%
EPS beat(4)4
Avg EPS beat(4)12.21%
Min EPS beat(4)3.95%
Max EPS beat(4)16.12%
EPS beat(8)7
Avg EPS beat(8)12%
EPS beat(12)11
Avg EPS beat(12)23.62%
EPS beat(16)15
Avg EPS beat(16)33.11%
Revenue beat(2)2
Avg Revenue beat(2)4.3%
Min Revenue beat(2)3.84%
Max Revenue beat(2)4.76%
Revenue beat(4)3
Avg Revenue beat(4)2.35%
Min Revenue beat(4)-0.7%
Max Revenue beat(4)4.76%
Revenue beat(8)5
Avg Revenue beat(8)0.7%
Revenue beat(12)7
Avg Revenue beat(12)1.31%
Revenue beat(16)11
Avg Revenue beat(16)2.3%
PT rev (1m)7.58%
PT rev (3m)11.19%
EPS NQ rev (1m)-10.74%
EPS NQ rev (3m)-9.28%
EPS NY rev (1m)0.25%
EPS NY rev (3m)3.1%
Revenue NQ rev (1m)6.03%
Revenue NQ rev (3m)6.65%
Revenue NY rev (1m)4.95%
Revenue NY rev (3m)10.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.47 | ||
| Fwd PE | 23.78 | ||
| P/S | 2.96 | ||
| P/FCF | 191.87 | ||
| P/OCF | 55.07 | ||
| P/B | 7.56 | ||
| P/tB | 14.34 | ||
| EV/EBITDA | 22.71 |
EPS(TTM)4.16
EY2.74%
EPS(NY)6.38
Fwd EY4.21%
FCF(TTM)0.79
FCFY0.52%
OCF(TTM)2.75
OCFY1.82%
SpS51.17
BVpS20.07
TBVpS10.58
PEG (NY)2.3
PEG (5Y)1.18
Graham Number43.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 17.67% | ||
| ROCE | 17.8% | ||
| ROIC | 13.18% | ||
| ROICexc | 13.84% | ||
| ROICexgc | 19.63% | ||
| OM | 11.67% | ||
| PM (TTM) | 6.93% | ||
| GM | 24.05% | ||
| FCFM | 1.55% |
ROA(3y)9.37%
ROA(5y)3.51%
ROE(3y)22.55%
ROE(5y)5.22%
ROIC(3y)13.99%
ROIC(5y)11.42%
ROICexc(3y)14.76%
ROICexc(5y)12.04%
ROICexgc(3y)20.94%
ROICexgc(5y)17.25%
ROCE(3y)18.88%
ROCE(5y)15.41%
ROICexgc growth 3Y31.11%
ROICexgc growth 5Y36.67%
ROICexc growth 3Y31.05%
ROICexc growth 5Y35.05%
OM growth 3Y37.91%
OM growth 5Y32.44%
PM growth 3Y19.67%
PM growth 5YN/A
GM growth 3Y18.21%
GM growth 5Y9.87%
F-Score5
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 14.03 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 133.38% | ||
| Cap/Sales | 3.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 37.02% | ||
| Profit Quality | 22.29% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 6.2 |
F-Score5
WACC8.72%
ROIC/WACC1.51
Cap/Depr(3y)119.63%
Cap/Depr(5y)98.79%
Cap/Sales(3y)3.04%
Cap/Sales(5y)2.66%
Profit Quality(3y)61.82%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.18%
EPS 3Y50%
EPS 5Y30.99%
EPS Q2Q%9.28%
EPS Next Y15.88%
EPS Next 2Y25.5%
EPS Next 3Y26.64%
EPS Next 5YN/A
Revenue 1Y (TTM)8.1%
Revenue growth 3Y8.01%
Revenue growth 5Y5.51%
Sales Q2Q%12.29%
Revenue Next Year18.29%
Revenue Next 2Y16.75%
Revenue Next 3Y16.3%
Revenue Next 5YN/A
EBIT growth 1Y12.33%
EBIT growth 3Y48.96%
EBIT growth 5Y39.74%
EBIT Next Year52.22%
EBIT Next 3Y35.18%
EBIT Next 5YN/A
FCF growth 1Y-61.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.85%
OCF growth 3Y164.71%
OCF growth 5Y29.8%
MODINE MANUFACTURING CO / MOD FAQ
What is the fundamental rating for MOD stock?
ChartMill assigns a fundamental rating of 6 / 10 to MOD.
What is the valuation status for MOD stock?
ChartMill assigns a valuation rating of 2 / 10 to MODINE MANUFACTURING CO (MOD). This can be considered as Overvalued.
Can you provide the profitability details for MODINE MANUFACTURING CO?
MODINE MANUFACTURING CO (MOD) has a profitability rating of 8 / 10.
What are the PE and PB ratios of MODINE MANUFACTURING CO (MOD) stock?
The Price/Earnings (PE) ratio for MODINE MANUFACTURING CO (MOD) is 36.47 and the Price/Book (PB) ratio is 7.56.