Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications.
Moderate growth potential and overvalued.
Share Price & News
How has Modine Manufacturing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOD's share price has been volatile over the past 3 months.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: MOD underperformed the US Auto Components industry which returned 11.2% over the past year.
Return vs Market: MOD underperformed the US Market which returned 18% over the past year.
Price Volatility Vs. Market
How volatile is Modine Manufacturing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Modine Manufacturing undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MOD ($6.91) is trading above our estimate of fair value ($2.87)
Significantly Below Fair Value: MOD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MOD is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: MOD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MOD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MOD is good value based on its PB Ratio (0.7x) compared to the US Auto Components industry average (1.8x).
How is Modine Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MOD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: MOD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MOD's is expected to become profitable in the next 3 years.
Revenue vs Market: MOD's revenue (6.5% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: MOD's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MOD's Return on Equity is forecast to be high in 3 years time
How has Modine Manufacturing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOD is currently unprofitable.
Growing Profit Margin: MOD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MOD is unprofitable, but has reduced losses over the past 5 years at a rate of 25% per year.
Accelerating Growth: Unable to compare MOD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MOD is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-22%).
Return on Equity
High ROE: MOD has a negative Return on Equity (-3.78%), as it is currently unprofitable.
How is Modine Manufacturing's financial position?
Financial Position Analysis
Short Term Liabilities: MOD's short term assets ($616.8M) exceed its short term liabilities ($357.0M).
Long Term Liabilities: MOD's short term assets ($616.8M) do not cover its long term liabilities ($667.0M).
Debt to Equity History and Analysis
Debt Level: MOD's debt to equity ratio (98%) is considered high.
Reducing Debt: MOD's debt to equity ratio has increased from 40.4% to 98% over the past 5 years.
Debt Coverage: MOD's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: MOD is unprofitable, therefore interest payments are not well covered by earnings.
What is Modine Manufacturing current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MOD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MOD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MOD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MOD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MOD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MOD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mick Lucareli (51 yo)
Mr. Michael B. Lucareli, also known as Mick, has been Vice President of Finance at Modine Manufacturing Company since May 2008 and has been its Chief Financial Officer since October 2011. He also serves as ...
CEO Compensation Analysis
Compensation vs Market: Mick's total compensation ($USD1.36M) is below average for companies of similar size in the US market ($USD2.02M).
Compensation vs Earnings: Mick's compensation has been consistent with company performance over the past year.
|CFO, VP of Finance||no data||US$1.36m||0.31% |
|VP of Commercial & Industrial Solutions and COO||1.58yrs||US$1.35m||0.30% |
|VP, General Counsel & Corporate Secretary||2.58yrs||US$740.95k||0.0089% |
|Senior Advisor||no data||US$4.06m||1.1% |
|VP of Investor Relations & Tax and Treasurer||3.67yrs||no data||no data|
|Vice President of Human Resources||7.83yrs||no data||0.081% |
|VP & Corporate Controller||7.92yrs||no data||no data|
Experienced Management: MOD's management team is considered experienced (3.1 years average tenure).
|Independent Director||13.83yrs||US$224.99k||0.16% |
|Independent Lead Director||7.08yrs||US$320.16k||0.31% |
|Independent Director||5.5yrs||US$209.99k||0.037% |
|Independent Director||10.25yrs||US$209.99k||0.14% |
|Independent Director||10.25yrs||US$221.87k||0.095% |
|Independent Director||9.08yrs||US$217.49k||0.14% |
|Independent Director||1.5yrs||US$209.99k||0.064% |
|Independent Director||6.25yrs||US$209.99k||0.048% |
Experienced Board: MOD's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Modine Manufacturing Company's company bio, employee growth, exchange listings and data sources
- Name: Modine Manufacturing Company
- Ticker: MOD
- Exchange: NYSE
- Founded: 1916
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$353.430m
- Shares outstanding: 51.15m
- Website: https://www.modine.com
Number of Employees
- Modine Manufacturing Company
- 1500 DeKoven Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MOD||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|MMF||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/15 05:47|
|End of Day Share Price||2020/08/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.