MODModine Manufacturing Company

$133.23-17% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 64 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Modine Manufacturing Company scores higher than 65% of the 2,231 companies Ryufin scores.

Carried by return on new capital and the balance sheet, held back by cycle position.

Consumer Cyclical median 66 · all companies 55

How the score has moved

At each fiscal year end, from the reports and price of the time
27
44
65
56
66
56
64
202120222023202420252026today

The biggest move was up 21 points from 2022 to 2023, mostly return on new capital.

Valuation

26% of the score

59median 53

Modine Manufacturing Company is valued at 22x its operating profit, including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
22x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

55median 24

Over 7 years the business earned 10% a year after tax on the capital it uses.

2%
8%
15%
25%
10%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 14%

Return on new capital

16% of the score

100median 33

For every dollar of operating profit earned over 6 years, yearly profit grew by 25 cents. New capital earned 27%, and 91% of profit went back into the business.

-5%
12%
25%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

53median 63

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 1% a year over 5 years: new shares
51
5%
-3%
1%
0 pointsfull points
Assets against salesAssets grew 16% a year, sales 12%
57
12%
-2%
4%
0 pointsfull points

Cycle position

12% of the score

26median 63

Today's operating margin of 10% is 1.48x its normal 6.8%: near a peak, where margins tend to fall back. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1.5x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 10%

Balance sheet

8% of the score

87median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA1x a year of EBITDA
87
4.5x
0.5x
1x
0 pointsfull points
Interest coverOperating profit covers interest 11x
87
1.5x
12x
10.6x
0 pointsfull points

Earnings quality

6% of the score

82median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.45x profit over 3 years
100
0.7x
1x
1.3x
1.4x
0 pointsfull points
AccrualsCash ran ahead of profit by 5.5% of assets
88
8%
0%
-8%
-5.5%
0 pointsfull points
Beneish M-score-2.20
58
-1.50
-1.78
-2.22
-3.00
-2.20
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2026.