Modine Manufacturing Company specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, heating, ventilation and air conditioning equipment, off-highway and industrial equipment and refrigeration systems. The company was founded in 1916 and is based in Racine, Wisconsin.
MOD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MOD, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Modine Manufacturing Co ranked in the 11th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for MOD, they are:
The company's compound free cash flow growth rate over the past 5.52 years comes in at -0.21%; that's greater than merely 9.03% of US stocks we're applying DCF forecasting to.
As a business, Modine Manufacturing Co experienced a tax rate of about 21% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 84.45% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MOD, try LUB, XELB, LOCO, BLBD, and BXG.
RACINE, Wis., May 20, 2020 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it has amended its existing credit agreements to provide covenant flexibility through fiscal 2022. Key…
RACINE, Wis., May 18, 2020 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its fourth quarter and full fiscal year financial…
RACINE, Wis., March 3, 2020 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced a strategic expansion of its data center cooling activities into the North American market. The Modine group…