Modine Manufacturing Stock Piotroski F Score

MOD Stock  USD 96.75  4.72  4.65%   
This module uses fundamental data of Modine Manufacturing to approximate its Piotroski F score. Modine Manufacturing F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Modine Manufacturing. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Modine Manufacturing financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Modine Manufacturing Altman Z Score, Modine Manufacturing Correlation, Modine Manufacturing Valuation, as well as analyze Modine Manufacturing Alpha and Beta and Modine Manufacturing Hype Analysis.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
  
At present, Modine Manufacturing's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 28.2 M, whereas Long Term Debt Total is forecasted to decline to about 325.1 M. At present, Modine Manufacturing's Operating Cash Flow Per Share is projected to increase slightly based on the last few years of reporting. The current year's Inventory Turnover is expected to grow to 5.74, whereas Days Sales Outstanding is forecasted to decline to 44.71.
At this time, it appears that Modine Manufacturing's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Unavailable
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Modine Manufacturing Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Modine Manufacturing is to make sure Modine is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Modine Manufacturing's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Modine Manufacturing's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.131.3005
Fairly Down
Slightly volatile
Gross Profit Margin0.260.2183
Fairly Up
Very volatile
Net Debt344.9 M328.4 M
Sufficiently Up
Slightly volatile
Total Current Liabilities612.3 M583.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total270.2 M528.1 M
Way Down
Slightly volatile
Total Assets962.5 M1.8 B
Way Down
Slightly volatile
Total Current AssetsB973.4 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities93.3 M123.6 M
Way Down
Slightly volatile

Modine Manufacturing F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Modine Manufacturing's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Modine Manufacturing in a much-optimized way.

About Modine Manufacturing Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

41.28 Million

At present, Modine Manufacturing's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

Modine Manufacturing ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Modine Manufacturing's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Modine Manufacturing's managers, analysts, and investors.
Environmental
Governance
Social

About Modine Manufacturing Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Modine Manufacturing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Modine Manufacturing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Modine Manufacturing based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:
Check out Modine Manufacturing Altman Z Score, Modine Manufacturing Correlation, Modine Manufacturing Valuation, as well as analyze Modine Manufacturing Alpha and Beta and Modine Manufacturing Hype Analysis.
For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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Is Modine Manufacturing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modine Manufacturing. If investors know Modine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modine Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
4.05
Revenue Per Share
45.09
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0921
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modine Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.