MODModine Manufacturing Company
Is the business good?
A genuinely good business: earnings fully cash-backed (1.0×) and margins widening.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash.
Negative operating leverage, costs are rising faster than sales, squeezing margins as it grows.
A balanced mix of margins, efficiency, and leverage. ROE 12% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is MOD?
Modine Manufacturing Company earns 17% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 7.5 points above what the capital costs: growth creates value
- Operating margin
- 10%
Operating margin · Auto Parts median 5.9% · 12 months to Q1 2027
- Cash conversion
- 1.00×
Cash conversion · 0.94× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +0.56%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2021 | −5.4% |
| FY2022 | 5.8% |
| FY2023 | 6.6% |
| FY2024 | 10% |
| FY2025 | 11% |
| FY2026 | 11% |
Details›
- Gross margin12 months to Q1 2027
- 22%
- Operating margin12 months to Q1 2027
- 10%
- Net margin12 months to Q1 2027
- 4.3%
- Free cash flow margin
- 3.0%
- Revenue, trailing twelve months
- $3.37B
- Free cash flow, trailing twelve months
- $100M
- Net income, trailing twelve months
- $144M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 17%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.