Model N Inc (MODN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MODN - US6075251024 - Common Stock
30 USD
+0.03 (+0.1%)
30.002 USD
+0 (+0.01%)
We assign a fundamental rating of 4 out of 10 to MODN. MODN was compared to 277 industry peers in the Software industry. While MODN seems to be doing ok healthwise, there are quite some concerns on its profitability. MODN is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
- MODN had positive earnings in the past year.
- In the past year MODN had a positive cash flow from operations.
- In the past 5 years MODN always reported negative net income.
- Each year in the past 5 years MODN had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 0.05%, MODN is doing good in the industry, outperforming 64.86% of the companies in the same industry.
- MODN has a Return On Equity of 0.19%. This is in the better half of the industry: MODN outperforms 67.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.05% | ||
| ROE | 0.19% | ||
| ROIC | N/A |
ROA(3y)-7.41%
ROA(5y)-7.58%
ROE(3y)-24.88%
ROE(5y)-24.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- MODN has a Profit Margin of 0.10%. This is in the better half of the industry: MODN outperforms 65.58% of its industry peers.
- With a Gross Margin value of 57.06%, MODN is not doing good in the industry: 64.13% of the companies in the same industry are doing better.
- MODN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 0.1% | ||
| GM | 57.06% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.57%
GM growth 5Y-0.41%
2. Health
2.1 Basic Checks
- MODN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- MODN has more shares outstanding than it did 1 year ago.
- Compared to 1 year ago, MODN has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.15 indicates that MODN is not a great score, but indicates only limited risk for bankruptcy at the moment.
- MODN has a Altman-Z score of 2.15. This is comparable to the rest of the industry: MODN outperforms 48.91% of its industry peers.
- MODN has a debt to FCF ratio of 4.68. This is a neutral value as MODN would need 4.68 years to pay back of all of its debts.
- MODN's Debt to FCF ratio of 4.68 is in line compared to the rest of the industry. MODN outperforms 59.42% of its industry peers.
- MODN has a Debt/Equity ratio of 2.05. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.05, MODN is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 4.68 | ||
| Altman-Z | 2.15 |
ROIC/WACCN/A
WACC9.78%
2.3 Liquidity
- MODN has a Current Ratio of 3.86. This indicates that MODN is financially healthy and has no problem in meeting its short term obligations.
- MODN has a Current ratio of 3.86. This is amongst the best in the industry. MODN outperforms 81.16% of its industry peers.
- MODN has a Quick Ratio of 3.86. This indicates that MODN is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of MODN (3.86) is better than 81.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.86 | ||
| Quick Ratio | 3.86 |
3. Growth
3.1 Past
- MODN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.09%, which is quite impressive.
- MODN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 94.38% yearly.
- MODN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.57%.
- The Revenue has been growing by 10.05% on average over the past years. This is quite good.
EPS 1Y (TTM)34.09%
EPS 3Y32.24%
EPS 5Y94.38%
EPS Q2Q%9.09%
Revenue 1Y (TTM)8.57%
Revenue growth 3Y15.7%
Revenue growth 5Y10.05%
Sales Q2Q%4%
3.2 Future
- Based on estimates for the next years, MODN will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.28% on average per year.
- Based on estimates for the next years, MODN will show a quite strong growth in Revenue. The Revenue will grow by 8.98% on average per year.
EPS Next Y17.87%
EPS Next 2Y17.26%
EPS Next 3Y19.28%
EPS Next 5YN/A
Revenue Next Year6.15%
Revenue Next 2Y7.69%
Revenue Next 3Y8.98%
Revenue Next 5YN/A
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- MODN is valuated quite expensively with a Price/Earnings ratio of 25.42.
- Compared to the rest of the industry, the Price/Earnings ratio of MODN indicates a somewhat cheap valuation: MODN is cheaper than 77.54% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, MODN is valued at the same level.
- With a Price/Forward Earnings ratio of 19.66, MODN is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, MODN is valued a bit cheaper than the industry average as 79.35% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of MODN to the average of the S&P500 Index (24.29), we can say MODN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 19.66 |
4.2 Price Multiples
- MODN's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, MODN is valued cheaper than 85.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.69 | ||
| EV/EBITDA | 223.88 |
4.3 Compensation for Growth
- MODN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- MODN's earnings are expected to grow with 19.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.42
PEG (5Y)0.27
EPS Next 2Y17.26%
EPS Next 3Y19.28%
5. Dividend
5.1 Amount
- MODN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30
+0.03 (+0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)05-06 2024-05-06/bmo
Earnings (Next)08-06 2024-08-06/amc
Inst Owners10.07%
Inst Owner Change0%
Ins Owners11.38%
Ins Owner Change0%
Market Cap1.18B
Revenue(TTM)256.31M
Net Income(TTM)265.00K
Analysts50
Price Target30.6 (2%)
Short Float %N/A
Short RatioN/A
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)0
Avg EPS beat(2)-11.08%
Min EPS beat(2)-15.94%
Max EPS beat(2)-6.22%
EPS beat(4)2
Avg EPS beat(4)5.42%
Min EPS beat(4)-15.94%
Max EPS beat(4)40.97%
EPS beat(8)6
Avg EPS beat(8)12.91%
EPS beat(12)10
Avg EPS beat(12)91.22%
EPS beat(16)14
Avg EPS beat(16)99.56%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-0.94%
Max Revenue beat(2)0.12%
Revenue beat(4)3
Avg Revenue beat(4)0.06%
Min Revenue beat(4)-0.94%
Max Revenue beat(4)0.64%
Revenue beat(8)7
Avg Revenue beat(8)0.65%
Revenue beat(12)10
Avg Revenue beat(12)0.8%
Revenue beat(16)14
Avg Revenue beat(16)1.12%
PT rev (1m)0%
PT rev (3m)-5.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 19.66 | ||
| P/S | 4.61 | ||
| P/FCF | 19.69 | ||
| P/OCF | 19.47 | ||
| P/B | 8.63 | ||
| P/tB | 26.54 | ||
| EV/EBITDA | 223.88 |
EPS(TTM)1.18
EY3.93%
EPS(NY)1.53
Fwd EY5.09%
FCF(TTM)1.52
FCFY5.08%
OCF(TTM)1.54
OCFY5.14%
SpS6.5
BVpS3.48
TBVpS1.13
PEG (NY)1.42
PEG (5Y)0.27
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.05% | ||
| ROE | 0.19% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 0.1% | ||
| GM | 57.06% | ||
| FCFM | 23.43% |
ROA(3y)-7.41%
ROA(5y)-7.58%
ROE(3y)-24.88%
ROE(5y)-24.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.57%
GM growth 5Y-0.41%
F-Score7
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 4.68 | ||
| Debt/EBITDA | 55.75 | ||
| Cap/Depr | 8.72% | ||
| Cap/Sales | 0.26% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 1204.2% | ||
| Profit Quality | 22664.5% | ||
| Current Ratio | 3.86 | ||
| Quick Ratio | 3.86 | ||
| Altman-Z | 2.15 |
F-Score7
WACC9.78%
ROIC/WACCN/A
Cap/Depr(3y)9.93%
Cap/Depr(5y)8.89%
Cap/Sales(3y)0.39%
Cap/Sales(5y)0.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.09%
EPS 3Y32.24%
EPS 5Y94.38%
EPS Q2Q%9.09%
EPS Next Y17.87%
EPS Next 2Y17.26%
EPS Next 3Y19.28%
EPS Next 5YN/A
Revenue 1Y (TTM)8.57%
Revenue growth 3Y15.7%
Revenue growth 5Y10.05%
Sales Q2Q%4%
Revenue Next Year6.15%
Revenue Next 2Y7.69%
Revenue Next 3Y8.98%
Revenue Next 5YN/A
EBIT growth 1Y79.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year33.6%
EBIT Next 3Y26.48%
EBIT Next 5YN/A
FCF growth 1Y220.67%
FCF growth 3Y18.73%
FCF growth 5Y59.11%
OCF growth 1Y213.25%
OCF growth 3Y17.87%
OCF growth 5Y56.42%
Model N Inc / MODN FAQ
Can you provide the ChartMill fundamental rating for Model N Inc?
ChartMill assigns a fundamental rating of 4 / 10 to MODN.
Can you provide the valuation status for Model N Inc?
ChartMill assigns a valuation rating of 4 / 10 to Model N Inc (MODN). This can be considered as Fairly Valued.
How profitable is Model N Inc (MODN) stock?
Model N Inc (MODN) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for MODN stock?
The Earnings per Share (EPS) of Model N Inc (MODN) is expected to grow by 17.87% in the next year.