Modine Manufacturing Financials

MOD Stock  USD 140.49  6.84  5.12%   
Based on the key indicators obtained from Modine Manufacturing's historical financial statements, Modine Manufacturing is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, Modine Manufacturing's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 471.3 M, whereas Total Current Liabilities is forecasted to decline to about 285.7 M. Key indicators impacting Modine Manufacturing's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.380.5952
Way Down
Slightly volatile
Current Ratio2.01.638
Fairly Up
Pretty Stable
The financial analysis of Modine Manufacturing is a critical element in measuring its lifeblood. Investors should not minimize Modine Manufacturing's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

52.83 Million

  
Understanding current and past Modine Manufacturing Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Modine Manufacturing's financial statements are interrelated, with each one affecting the others. For example, an increase in Modine Manufacturing's assets may result in an increase in income on the income statement.

Modine Manufacturing Earnings Geography

Please note, the presentation of Modine Manufacturing's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Modine Manufacturing's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Modine Manufacturing's management manipulating its earnings.

Modine Manufacturing Stock Summary

Modine Manufacturing competes with Cooper Stnd, Motorcar Parts, American Axle, Stoneridge, and Dana. Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin. Modine Manufacturing operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 11100 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6078281002
CUSIP607828100
LocationWisconsin; U.S.A
Business Address1500 DeKoven Avenue,
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.modine.com
Phone262 636 1200
CurrencyUSD - US Dollar

Modine Manufacturing Key Financial Ratios

Modine Manufacturing Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.3B1.4B1.6B1.9B990.0M
Other Current Liab108.6M200.8M126.6M139.1M199.7M209.7M
Net Debt411.5M296.7M332.6M285.6M448.9M471.3M
Retained Earnings469.9M259.2M344.4M497.5M659M371.5M
Cash70.9M37.8M45.2M67.1M60.1M45.1M
Net Receivables292.5M273.6M406.6M428.2M443.4M465.6M
Inventory207.4M195.6M281.2M324.9M357.9M375.8M
Other Current Assets62.5M137.8M20.9M22.7M40.2M44.8M
Total Liab1.0B920.6M968.9M966.3M1.1B564.5M
Total Current Assets633.3M644.8M757.6M846.4M894M463.4M
Short Term Debt30.4M34.5M42.1M35.2M62.7M65.8M
Intangible Assets106.3M100.6M90.3M81.1M188.3M197.7M
Accounts Payable227.4M233.9M325.8M332.8M283.4M162.3M
Other Liab168.2M95.4M84.8M81M93.2M108.9M
Other Assets121M36.6M43.5M99.2M114.1M86.1M
Long Term Debt452M311.2M348.4M329.3M399.9M238.0M
Treasury Stock(31.4M)(37.1M)(38.2M)(40M)(36M)(34.2M)
Common Stock33.3M33.9M34.2M34.6M35M30.1M
Good Will166.1M170.7M168.1M165.6M230.9M242.4M
Net Tangible Assets215.5M77.4M192.3M346.1M311.5M200.1M

Modine Manufacturing Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense22.7M19.4M15.6M20.7M24.1M25.3M
Total Revenue2.0B1.8B2.1B2.3B2.4B1.4B
Gross Profit307.5M293.4M309.3M389.4M539.4M287.6M
Operating Income53.1M80.3M92.1M150.4M240.7M252.7M
Ebit53.1M(99.9M)93M153.5M250.7M263.2M
Ebitda130.2M(31.3M)147.8M208M306.8M322.1M
Cost Of Revenue1.7B1.5B1.7B1.9B1.9B1.1B
Income Before Tax10.4M(119.3M)101.5M125.3M214.6M225.3M
Net Income(2M)(209.5M)85.2M153.1M161.5M169.6M
Income Tax Expense12.4M90.2M15.2M(28.3M)51.2M53.8M
Research Development59.5M46.3M50.3M44M42M60.1M
Minority Interest1.1M200K7.4M(500K)(1.9M)(1.8M)
Non Recurring20.8M180.2M(31.6M)5M5.8M5.5M
Tax Provision12.4M90.2M15.2M(28.3M)51.2M53.8M
Net Interest Income(22.3M)(19.4M)(15.2M)(20.7M)(19.8M)(20.8M)

Modine Manufacturing Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(12M)(5M)(70.7M)(49.4M)(17.3M)(16.4M)
Change In Cash29.1M(25.2M)(700K)21.8M(6.9M)(6.6M)
Free Cash Flow(13.4M)117.1M(28.8M)56.8M126.1M132.4M
Depreciation77.1M68.6M54.8M54.5M56.1M59.1M
Other Non Cash Items13.4M173.1M(46M)4.8M4M3.8M
Capital Expenditures71.3M32.7M40.3M50.7M88.5M67.6M
Net Income(2M)(209.5M)86.3M153.6M161.5M169.6M
End Period Cash Flow71.3M46.1M45.4M67.2M60.3M48.8M
Change To Netincome21M248.5M(44.1M)(48.2M)(55.4M)(52.7M)
Investments800K(200K)(5M)(50.4M)(283.4M)(269.2M)
Change Receivables36.6M(17.1M)(55.6M)(40.7M)(36.6M)(34.8M)
Net Borrowings40.1M(147.3M)40.6M(26.7M)(24.0M)(22.8M)

Modine Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Modine Manufacturing's current stock value. Our valuation model uses many indicators to compare Modine Manufacturing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Modine Manufacturing competition to find correlations between indicators driving Modine Manufacturing's intrinsic value. More Info.
Modine Manufacturing is considered to be number one stock in return on equity category among its peers. It is regarded second in return on asset category among its peers reporting about  0.46  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Modine Manufacturing is roughly  2.18 . At present, Modine Manufacturing's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Modine Manufacturing by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Modine Manufacturing Systematic Risk

Modine Manufacturing's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Modine Manufacturing volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Modine Manufacturing correlated with the market. If Beta is less than 0 Modine Manufacturing generally moves in the opposite direction as compared to the market. If Modine Manufacturing Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Modine Manufacturing is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Modine Manufacturing is generally in the same direction as the market. If Beta > 1 Modine Manufacturing moves generally in the same direction as, but more than the movement of the benchmark.

Modine Manufacturing Thematic Clasifications

Modine Manufacturing is part of several thematic ideas from Cars to Automobiles and Trucks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Modine Manufacturing Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Modine Manufacturing's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Modine Manufacturing growth as a starting point in their analysis.

Price Earnings To Growth Ratio

6.25

At present, Modine Manufacturing's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Modine Manufacturing November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Modine Manufacturing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Modine Manufacturing. We use our internally-developed statistical techniques to arrive at the intrinsic value of Modine Manufacturing based on widely used predictive technical indicators. In general, we focus on analyzing Modine Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Modine Manufacturing's daily price indicators and compare them against related drivers.

Complementary Tools for Modine Stock analysis

When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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