MOD Modine Manufacturing Co
$148.37
▼ 3.7%Updated Oct 16, 2:25 PM ET
Report Card
MOD at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Weak · 38/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▲ Up 124.8% in the year to Jul 6, 2026
Key Metrics
Market Cap
$12.20B
P/E
100.4x
Forward P/E (est.)
143.43x
ROE
11.1%
Revenue Growth
23.1%
EPS Growth
-34.5%
Profit Margin
3.8%
FCF Yield
2.1%
Debt / Equity
0.37x
ROIC
20.0%
Interest Coverage
12.97x
Current Ratio
2.04x
Dividend Yield
—
Implied Growth (rev. DCF)
8.1%
Rating Score
38/100
Business Overview
Modine Manufacturing Co (MOD) is a large-cap NYSE-listed company in the Building industry, within the Industrials sector, with a market value around $12.20B.
In its latest reported year it generated about $3.18B in revenue and $121.50M in net profit.
Our model rates MOD Weak (38/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (10 years of history).
Profit margins and economic moats, explainedSome durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
23.2% average over the last 3 years
±3.3 pts around 18.4% across 10 years
grew in 7 of the last 9 year-over-year periods
positive in 7 of 10 years
20.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MOD's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MOD trades near $148.37, below its 50-day average ($269.68) and 200-day average ($197.65). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 35 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. MOD's is $18.37 (~12.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, MOD found buyers near $225.19 (support) and sellers near $302.99 (resistance); its 52-week range then was $86.48–$323.25. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
11.6%
Revenue moved from $1.50B in 2017 to $3.18B in 2026, a 8.7% compound annual growth rate. The most recent year grew a strong 23.1% year over year. Consistent top-line growth is one sign of healthy demand.
Profitability
Gross Margin
23.0%
Operating Margin
10.8%
Net Margin
3.8%
ROE
11.1%
Modine Manufacturing Co keeps about 3.8% of each sales dollar as net profit, with a 23.0% gross margin and 10.8% operating margin. Return on equity is 11.1% and return on invested capital about 20.0%. Thin margins leave less cushion if costs rise.
Debt Analysis
Total Debt
$125.40M
Net Debt
$30.10M
Net Debt / EBITDA
0.09x
Debt / Equity
0.37x
Leverage: debt-to-equity is 0.4x, and operating profit covers interest about 13.0x, with a current ratio of 2.0x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $125.40M of total debt against $95.30M of cash.
Cash Flow Analysis
Operating CF
$248.70M
Free Cash Flow
$105.40M
FCF Margin
3.3%
In the latest year Modine Manufacturing Co produced about $248.70M of operating cash flow and $105.40M of free cash flow after capital spending. That is a free-cash-flow yield of about 2.1% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Valuation Analysis
P/E
100.4x
P/S
3.83x
P/B
9.57x
EV / EBITDA
28.97x
MOD trades at 100.4x trailing earnings (about 143.4x on estimated forward earnings), 3.8x sales, and 9.6x book value. Reverse-engineering today's price implies the market expects roughly 8.1% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
DCF Fair Value (Educational)
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
How this DCF estimate is calculatedDCF fair value / share
$82.18
Current price
$148.37
Starting FCF (latest 10-K)
$105.40M
Growth, years 1–5
20.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Metrics vs. Sector Range
Where MOD sits versus the Industrials companies we cover.
Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How MOD stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
Among the 142 rated Industrials companies we cover, MOD ranks #121 by our overall rating. It trades at a premium versus the sector on earnings (100.4x P/E vs. 30.5x median) with a lower return on equity (11.1% vs. 18.1%) and faster revenue growth (23.1% vs. 6.0%).
P/E vs sector
100.4x
median 30.5x
ROE vs sector
11.1%
median 18.1%
Growth vs sector
23.1%
median 6.0%
Sector rank
#121
of 142 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 142 rated companies among the 273 Industrials stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$261.42 – $435.70
vs. $148.37 today · implied CAGR 12% – 24%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $3.91B | $4.81B | $5.92B | $7.28B | $8.96B |
| Net income | $156.51M | $192.51M | $236.78M | $291.24M | $358.23M |
| EPS | $1.90 | $2.34 | $2.88 | $3.54 | $4.36 |
| Share price (low) | $114.21 | $140.48 | $172.79 | $212.54 | $261.42 |
| Share price (high) | $190.36 | $234.14 | $287.99 | $354.23 | $435.70 |
| CAGR (low–high) | -23% / 28% | -3% / 26% | 5% / 25% | 9% / 24% | 12% / 24% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions.
Bull Case
The case for MOD:
- Revenue is growing 23.1% a year, a sign of real demand.
- A conservative balance sheet (debt/equity 0.4x) lowers risk.
Bear Case
The case against MOD:
- Thin net margins (3.8%) leave little room for error.
- A rich 100.4x earnings multiple prices in a lot of growth.
- Our model's overall read is Weak (38/100).
Key Risks
Valuation risk — at 100.4x earnings, disappointing results could compress the multiple.
Margin risk — thin profitability (3.8%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the fundamentals screen weakly: Modine Manufacturing Co is a large-cap industrials business still growing nicely, with modest profitability, and a sound balance sheet. It trades at 100.4x earnings, which our model scores Weak (38/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 14 Wall Street analysts covering MOD recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
MOD's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
In the Idea Lab
MOD — frequently asked questions
Is MOD a good stock to buy?
We don't give buy or sell advice. Our model rates Modine Manufacturing Co Weak (38/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is MOD's rating on The Stocks School?
Modine Manufacturing Co currently scores 38/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does MOD's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Modine Manufacturing Co's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for MOD calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this MOD analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell MOD. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.