MOD
Modine Manufacturing Company

Modine Manufacturing CompanyMOD

Consumer Cyclical · Auto Parts
195.96USD
-0.84%
Sep 23, 2026
MOD overview ready
Direct supplier of mission-critical AI data-center thermal infrastructure
Modine is a direct supplier of mission-critical data-center thermal infrastructure through its Airedale business, including chillers, indoor cooling systems, liquid-cooling technologies, controls, coils, and associated service capabilities.
Direct narrative exposure
Exposed to the AI Compute Infrastructure Buildout narrative through AI Data Center Power and Thermal Systems — infrastructure supplier.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Cyclical demand fluctuations in automotive and industrial markets.
Market Sep 22Filing Jun 30Price action Sep 22Research Aug 6

Conviction Level

NarrativeHeat9.5ThemeHeat9.3PriceAction3.4Valuation1.1CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$10.4B
Avg Volume (60D)
1.4M
60 sessions
Revenue Growth YoY
+23.1%
FY2026 vs FY2025
Gross Margin
+22.2%
Trailing twelve months
Operating Margin
+10.1%
Trailing twelve months
Free Cash Flow Yield
+1.0%
Distance from 200DMA
-7.8%
Next Earnings
2026-10-27
P/E
72.2x
EV / EBITDA
25.6x
EV / Sales
3.2x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say expensive; own history is the dissenting view.
Modine Manufacturing Company has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

Company Research

Thesis
Modine is a direct supplier of mission-critical data-center thermal infrastructure through its Airedale business, including chillers, indoor cooling systems, liquid-cooling technologies, controls, coils, and associated service capabilities.
Opportunity
High opportunity
Hyperscaler and colocation capital spending on high-density AI data-center electrical and liquid-cooling infrastructure.
Key risk
Cyclical demand fluctuations in automotive and industrial markets.

Narrative & Theme

AI Compute Infrastructure Buildout
Part of AI Data Center Power and Thermal Systems, with strong fit.
Expanding revenue exposure rather than broad industrial adjacency.
Narrative HeatHot9.5 / 10
Theme HeatHot9.3 / 10
This reading is no longer current (last measured 2026-07-22). It is kept until the next scheduled measurement replaces it.

Business & Markets

Consumer Cyclical · Auto Parts
What they do

Modine Manufacturing Company designs, engineers, tests, manufactures, and sells thermal management products primarily for automotive and industrial applications across multiple countries.

How it earns

The company generates revenue through transactional sales of its thermal solutions and heat transfer products to OEMs and aftermarket customers.

Products & services
Heat transfer products
Unit heaters
Makeup air units
Duct furnaces
Infrared units
Packaged unit ventilators
Modular chillers
Air handler units
Evaporator unit coolers
Customers & end markets
Automotive manufacturers
Industrial equipment manufacturers
Commercial HVAC markets
Market position

Modine operates as a specialized supplier in the thermal management segment with a diversified international footprint.

Demand drivers
High cyclicality

The company’s end markets, including automotive and industrial sectors, are sensitive to economic cycles and capital spending trends.