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Modine Manufacturing Company (MOD)

Upturn stock ratingUpturn stock rating
$98.5
Last Close (24-hour delay)
Profit since last BUY7.89%
upturn advisory
Consider higher Upturn Star rating
BUY since 37 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

06/30/2025: MOD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

6 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $133.2

1 Year Target Price $133.2

Analysts Price Target For last 52 week
$133.2Target price
Low$64.79
Current$98.5
high$146.84

Analysis of Past Performance

Type Stock
Historic Profit 8.77%
Avg. Invested days 35
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.16B USD
Price to earnings Ratio 28.8
1Y Target Price 133.2
Price to earnings Ratio 28.8
1Y Target Price 133.2
Volume (30-day avg) 6
Beta 2.06
52 Weeks Range 64.79 - 146.84
Updated Date 06/30/2025
52 Weeks Range 64.79 - 146.84
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) 3.42

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 7.12%
Operating Margin (TTM) 13.19%

Management Effectiveness

Return on Assets (TTM) 10.25%
Return on Equity (TTM) 22.17%

Valuation

Trailing PE 28.8
Forward PE 22.73
Enterprise Value 5588593423
Price to Sales(TTM) 2
Enterprise Value 5588593423
Price to Sales(TTM) 2
Enterprise Value to Revenue 2.16
Enterprise Value to EBITDA 15.61
Shares Outstanding 52391900
Shares Floating 51508032
Shares Outstanding 52391900
Shares Floating 51508032
Percent Insiders 1.53
Percent Institutions 110.29

Analyst Ratings

Rating 3
Target Price 133.2
Buy 1
Strong Buy 4
Buy 1
Strong Buy 4
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Modine Manufacturing Company

stock logo

Company Overview

overview logo History and Background

Modine Manufacturing Company was founded in 1916. Initially focused on automotive radiators, it has evolved into a diversified global leader in thermal management solutions and components.

business area logo Core Business Areas

  • Climate Solutions: Provides heating, ventilation, and air conditioning (HVAC) systems and solutions for commercial and industrial applications.
  • Performance Technologies: Develops and manufactures heat transfer products for vehicular and industrial applications, including on- and off-highway vehicles, engine cooling, fuel cooling, and thermal management systems for electric and hybrid vehicles.

leadership logo Leadership and Structure

The leadership team is headed by the CEO and includes executives responsible for finance, operations, strategy, and various business units. The organizational structure is divided into global business segments.

Top Products and Market Share

overview logo Key Offerings

  • Commercial HVAC Systems: Includes rooftop units, chillers, air handlers, and unit heaters. Competitors include Trane Technologies (TT), Carrier Global (CARR), and Johnson Controls (JCI). Modine market share in North American commercial HVAC varies but is estimated to be below 10%.
  • Vehicle Thermal Management: Includes radiators, coolers, condensers, and heat exchangers for automotive, commercial vehicle, and industrial applications. Competitors include Dana (DAN) and BorgWarner (BWA). Modine market share varies by region and application, but they are considered a significant player in certain niches. No specific market share.
  • EV Thermal Management Systems: Includes heat pumps, battery thermal management solutions for electric vehicles. Competitors include Dana (DAN) and BorgWarner (BWA). Modine is a emerging player and no specific market share available.

Market Dynamics

industry overview logo Industry Overview

The thermal management industry is experiencing growth driven by increasing demand for energy efficiency, stricter emissions regulations, and the electrification of vehicles. HVAC market is driven by building construction and regulations for energy efficiency

Positioning

Modine is positioned as a provider of diversified thermal management solutions, with a focus on energy-efficient and environmentally friendly technologies. They leverage their engineering expertise and global footprint to serve a wide range of customers.

Total Addressable Market (TAM)

The global thermal management market is estimated to be in the hundreds of billions of dollars. Modine's position within this TAM is as a mid-sized player focusing on specific niches and applications. EV and Automotive market TAM is expanding rapidly.

Upturn SWOT Analysis

Strengths

  • Diversified product portfolio
  • Global manufacturing footprint
  • Strong engineering capabilities
  • Established customer relationships

Weaknesses

  • Relatively smaller size compared to major competitors
  • Exposure to cyclical industries
  • Dependence on raw material prices

Opportunities

  • Growth in electric vehicle thermal management
  • Increasing demand for energy-efficient HVAC solutions
  • Expansion into emerging markets
  • Potential acquisitions to expand product offerings

Threats

  • Intense competition
  • Fluctuations in raw material costs
  • Economic downturns affecting key industries
  • Technological advancements disrupting existing product lines

Competitors and Market Share

competitor logo Key Competitors

  • TT
  • CARR
  • JCI
  • DAN
  • BWA

Competitive Landscape

Modine's advantages include its diversified product portfolio, engineering capabilities, and global footprint. Disadvantages include its smaller size compared to major competitors and exposure to cyclical industries.

Major Acquisitions

Luvata Heat Transfer Solutions

  • Year: 2016
  • Acquisition Price (USD millions): 422
  • Strategic Rationale: Expanded Modine's presence in the commercial refrigeration and industrial markets.

Growth Trajectory and Initiatives

Historical Growth: Modine's growth has been a mix of organic expansion and acquisitions. Recent years have seen a focus on higher-margin products and services.

Future Projections: Analyst projections for Modine's future growth depend on factors such as economic conditions, industry trends, and the company's execution of its strategic initiatives.

Recent Initiatives: Recent strategic initiatives include investments in electric vehicle thermal management, expansion of HVAC offerings, and cost-cutting measures.

Summary

Modine is a diversified thermal management company with a global presence. It is capitalizing on growth in electric vehicles, while also balancing this with exposure to cyclical industries. While Modine faces intense competition from larger players, its engineering capabilities are a strength. Maintaining margins and managing raw material costs will be key factors.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance can change rapidly. Market share data is estimated and approximate.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Modine Manufacturing Company

Exchange NYSE
Headquaters Racine, WI, United States
IPO Launch date 1990-03-26
President, CEO & Director Mr. Neil D. Brinker
Sector Consumer Cyclical
Industry Auto Parts
Full time employees 11400
Full time employees 11400

Modine Manufacturing Company designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer products, including round tube plate fin construction; gas-fired, hydronic, electric, and oil fired unit heaters; roof-mounted direct- and indirect-fired makeup air units, duct furnaces, infrared units, and perimeter heating products; single packaged unit ventilators, modular chillers, air handler and condensing units, and ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers. It also provides data center products that consists of IT cooling solutions, including precision air conditioning units for data center applications; computer room air conditioning and handler units; hybrid fan coils; fan walls; chillers; condensers; condensing units; and liquid cooling solutions for high-density computing, as well as sells replacement parts, maintenance service and control solutions for existing equipment and new building management controls and systems. In addition, the company offers powertrain cooling products, such as radiators, condensers, engine cooling modules, charge air coolers, fan shrouds, and surge tanks; cooling module generator sets; aluminum and stainless steel engine oil coolers, exhaust gas recirculation coolers, liquid charge air coolers, transmission and retarder oil coolers, chillers, and condensers; battery thermal management systems, electronics cooling packages, battery chillers, battery cooling plates, coolers and casings for electronics cooling, and coolers for electric axles; and coatings products and application services. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wi