MODModine Manufacturing Company
Is it safe?
Solid, nothing alarming: a safe balance sheet and comfortable debt (AA), but big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Some accounting flags, worth a closer look Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$776K, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -88% · now 41% below its 52-week high.
Unless marked, from SEC EDGAR, as of Mar 31, 2026.
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. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can MOD take a bad year?
Modine Manufacturing Company carries $433M of net debt at 1.02× EBITDA: a load its earnings can carry.
Net debt · as at Q1 2027 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.02×
Net debt / EBITDA · 1.11× a year ago · the load is coming down
- Altman Z-score
- 8.53
Altman Z-score · safe zone, above 3
- Interest cover
- 10.6×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2027
- $528M
- Cash and short-term investments
- $95M
- Net debt
- $433M
- EBITDA, trailing twelve months
- $423M
- Operating profit, trailing twelve months
- $342M
- Debt / equity
- 0.44×
- Total debt / EBITDA
- 1.25×
- Annualised volatilitytwo years of daily moves
- 68%
- Worst drawdown on file
- −88%
- Below its 52-week high
- 41%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.