Modine Manufacturing Co

Find Ratings Reports
MOD : NYSE : Consumer Goods
$10.9 -0.3 | -2.7%
Today's Range: 10.85 - 11.35
Avg. Daily Volume: 353400.0
03/24/17 - 1:02 PM ET

Financial Analysis


MODINE MANUFACTURING CO's gross profit margin for the third quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. MODINE MANUFACTURING CO has weak liquidity. Currently, the Quick Ratio is 0.72 which shows a lack of ability to cover short-term cash needs. The liquidity decreased from the same period a year ago, despite already having weak liquidity to begin with. This would indicate deteriorating cash flow.

During the same period, stockholders' equity ("net worth") has increased by 8.71% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q3 FY16 Q3 FY15
Net Sales ($mil)349.8328.7
EBITDA ($mil)32.229.9
EBIT ($mil)17.717.2
Net Income ($mil)1.78.2


Balance Sheet Q3 FY16 Q3 FY15
Cash & Equiv. ($mil)50.081.5
Total Assets ($mil)1392.9921.8
Total Debt ($mil)513.8153.8
Equity ($mil)397.8365.9


Profitability Q3 FY16 Q3 FY15
Gross Profit Margin21.7621.9
EBITDA Margin9.29.09
Operating Margin5.065.23
Sales Turnover0.981.49
Return on Assets0.99-1.34
Return on Equity3.46-3.38
Debt Q3 FY16 Q3 FY15
Current Ratio1.261.5
Debt/Capital0.560.3
Interest Expense4.52.7
Interest Coverage3.936.37


Share Data Q3 FY16 Q3 FY15
Shares outstanding (mil)50.148.0
Div / share0.00.0
EPS0.040.17
Book value / share7.947.62
Institutional Own % n/a n/a
Avg Daily Volume340402.0174253.0

Valuation


HOLD. MODINE MANUFACTURING CO's P/E ratio indicates a significant premium compared to an average of 20.79 for the Auto Components industry and a significant premium compared to the S&P 500 average of 26.73. To use another comparison, its price-to-book ratio of 1.50 indicates a discount versus the S&P 500 average of 2.98 and a significant discount versus the industry average of 4.03. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
MOD 41.03 Peers 20.79   MOD 13.78 Peers 9.61

Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.

MOD is trading at a significant premium to its peers.

 

Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

MOD is trading at a significant premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
MOD 10.08 Peers 12.07   MOD NM Peers 7.37

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

MOD is trading at a significant premium to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

MOD's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
MOD 1.50 Peers 4.03   MOD 211.53 Peers 70.43

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

MOD is trading at a significant discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

MOD is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
MOD 0.44 Peers 1.06   MOD -0.98 Peers 8.36

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

MOD is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

MOD significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades