MODINE MANUFACTURING CO (MOD) Stock Fundamental Analysis
USA - NYSE:MOD - US6078281002 - Common Stock
132.02 USD
+3.29 (+2.56%)
134.5 USD
+2.48 (+1.88%)
Taking everything into account, MOD scores 6 out of 10 in our fundamental rating. MOD was compared to 82 industry peers in the Automobile Components industry. MOD has an excellent profitability rating, but there are some minor concerns on its financial health. MOD shows excellent growth, but is valued quite expensive already. These ratings could make MOD a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year MOD was profitable.
MOD had a positive operating cash flow in the past year.
Of the past 5 years MOD 4 years were profitable.
In the past 5 years MOD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MOD (7.80%) is better than 91.46% of its industry peers.
MOD has a Return On Equity of 17.67%. This is amongst the best in the industry. MOD outperforms 96.34% of its industry peers.
The Return On Invested Capital of MOD (13.18%) is better than 95.12% of its industry peers.
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
With an excellent Profit Margin value of 6.93%, MOD belongs to the best 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.
MOD has a Operating Margin of 11.67%. This is amongst the best in the industry. MOD outperforms 93.90% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MOD is creating some value.
Compared to 1 year ago, MOD has about the same amount of shares outstanding.
The number of shares outstanding for MOD has been increased compared to 5 years ago.
The debt/assets ratio for MOD has been reduced compared to a year ago.
2.2 Solvency
MOD has an Altman-Z score of 5.47. This indicates that MOD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MOD (5.47) is better than 87.80% of its industry peers.
The Debt to FCF ratio of MOD is 14.03, which is on the high side as it means it would take MOD, 14.03 years of fcf income to pay off all of its debts.
MOD has a Debt to FCF ratio of 14.03. This is in the lower half of the industry: MOD underperforms 70.73% of its industry peers.
A Debt/Equity ratio of 0.51 indicates that MOD is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.51, MOD is not doing good in the industry: 70.73% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 14.03 | ||
| Altman-Z | 5.47 |
ROIC/WACC1.51
WACC8.74%
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.
The Current ratio of MOD (2.00) is better than 74.39% of its industry peers.
MOD has a Quick Ratio of 1.16. This is a normal value and indicates that MOD is financially healthy and should not expect problems in meeting 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
The Earnings Per Share has grown by an nice 18.18% over the past year.
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.
Looking at the last year, MOD shows a quite strong growth in Revenue. The Revenue has grown by 8.10% in the last year.
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.
Based on estimates for the next years, MOD will show a quite strong growth in Revenue. The Revenue will grow by 16.30% on average per year.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
MOD is valuated quite expensively with a Price/Earnings ratio of 31.74.
Based on the Price/Earnings ratio, MOD is valued a bit more expensive than the industry average as 67.07% of the companies are valued more cheaply.
MOD's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.89.
With a Price/Forward Earnings ratio of 20.69, MOD is valued on the expensive side.
Based on the Price/Forward Earnings ratio, MOD is valued a bit more expensive than 65.85% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. MOD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.74 | ||
| Fwd PE | 20.69 |
4.2 Price Multiples
MOD's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. MOD is more expensive than 75.61% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MOD is valued a bit more expensive than the industry average as 75.61% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 166.98 | ||
| EV/EBITDA | 18.54 |
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.
MOD has an outstanding profitability rating, which 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
PEG (5Y)1.02
EPS Next 2Y25.5%
EPS Next 3Y26.64%
5. Dividend
5.1 Amount
No dividends for MOD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
132.02
+3.29 (+2.56%)
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 Cap6.93B
Revenue(TTM)2.69B
Net Income(TTM)186.20M
Analysts85.45
Price Target168.89 (27.93%)
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 | 31.74 | ||
| Fwd PE | 20.69 | ||
| P/S | 2.58 | ||
| P/FCF | 166.98 | ||
| P/OCF | 47.92 | ||
| P/B | 6.58 | ||
| P/tB | 12.48 | ||
| EV/EBITDA | 18.54 |
EPS(TTM)4.16
EY3.15%
EPS(NY)6.38
Fwd EY4.83%
FCF(TTM)0.79
FCFY0.6%
OCF(TTM)2.75
OCFY2.09%
SpS51.17
BVpS20.07
TBVpS10.58
PEG (NY)2
PEG (5Y)1.02
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 | 5.47 |
F-Score5
WACC8.74%
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 31.74 and the Price/Book (PB) ratio is 6.58.