Modine Manufacturing Co (FRA:MMF) Current Ratio: 1.94 (As of Mar. 2026) — 22% Above Median


FRA:MMF Modine Manufacturing Co FRA:MMF
73 GF Score
Price €235.20
GF Value €125.59
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Modine Manufacturing Co Current Ratio?

Modine Manufacturing Co FRA:MMF -5.35% 73 Current Ratio is 1.94 as of Mar. 2026, which is 22% above its 10-year median of 1.59. GuruFocus rates FRA:MMF with a GF Score™ of 73/100 and a GF Value™ of €125.59 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Modine Manufacturing Co ranks better than 64.55% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Modine Manufacturing Co's current ratio for the quarter that ended in Mar. 2026 was 1.94.

Modine Manufacturing Co has a current ratio of 1.94. It generally indicates good short-term financial strength.

The historical rank and industry rank for Modine Manufacturing Co's Current Ratio or its related term are showing as below:

FRA:MMF' s Current Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.59   Max: 1.94
Current: 1.94

During the past 13 years, Modine Manufacturing Co's highest Current Ratio was 1.94. The lowest was 1.21. And the median was 1.59.

FRA:MMF's Current Ratio is ranked better than
64.55% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.54 vs FRA:MMF: 1.94

Modine Manufacturing Co  (FRA:MMF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Modine Manufacturing Co Current Ratio Related Terms


Modine Manufacturing Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Modine Manufacturing Co's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modine Manufacturing Co Current Ratio Chart

Modine Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.67 1.64 1.78 1.94

Modine Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.78 2.06 2.00 2.19 1.94

FRA:MMF vs BWA, AUR, APTV: Current Ratio Comparison

For the Auto Parts subindustry, Modine Manufacturing Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modine Manufacturing Co Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Modine Manufacturing Co's Current Ratio falls into.


FRA:MMF
73GF Score
Modine Manufacturing Co FRA:MMF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modine Manufacturing Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Modine Manufacturing Co's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=1224.926/630.498
=1.94

Modine Manufacturing Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1224.926/630.498
=1.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.94 mean?
Modine Manufacturing Co (FRA:MMF) has a Current Ratio of 1.94 as of Mar. 2026. This is 22% above median its historical median of 1.59. Over the past decade, Modine Manufacturing Co's Current Ratio has ranged from 1.21 to 1.94. According to the industry distribution chart, Modine Manufacturing Co ranks #474 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 35.5%.
Is Modine Manufacturing Co's Current Ratio too high?
Modine Manufacturing Co's current Current Ratio of 1.94 is 22% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 1.94. The Vehicles & Parts industry median Current Ratio is 1.54. Modine Manufacturing Co's value of 1.94 is 26% above this industry median. Based on the distribution chart, Modine Manufacturing Co ranks #474 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Modine Manufacturing Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modine Manufacturing Co's Current Ratio compare to BWA and AUR?
According to the Vehicles & Parts industry distribution chart, Modine Manufacturing Co ranks #474 out of 1337 companies for Current Ratio. This puts Modine Manufacturing Co in the upper half of its industry. The industry median Current Ratio is 1.54. Modine Manufacturing Co's value of 1.94 is 26% above this benchmark. Historically, Modine Manufacturing Co's own Current Ratio has ranged from 1.21 to 1.94 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.54, Modine Manufacturing Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.54, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modine Manufacturing Co's current Current Ratio of 1.94 is 26% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modine Manufacturing Co's current Current Ratio is 1.94, which is 22% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modine Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Modine Manufacturing Co (FRA:MMF) is currently considered Significantly Overvalued. The stock's GF Value™ is €125.59, compared to a current price of €235.20 — trading 87.3% above its estimated fair value. The current Current Ratio is 1.94, which is 22% above median its 10-year median of 1.59 and 26% above the Vehicles & Parts industry median of 1.54. Modine Manufacturing Co's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Modine Manufacturing Co (FRA:MMF), the current Current Ratio is 1.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Modine Manufacturing Co (FRA:MMF) Overvalued in 2026?

Based on GuruFocus' analysis, Modine Manufacturing Co stock appears to be overvalued. The current stock price of €235.20 is trading 87.3% above its estimated GF Value™ of €125.59. GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:MMF:

  • Current Ratio: 1.94 (22% above median its 10-year median of 1.59)
  • GF Value™: €125.59 vs. price of €235.20 (87.3% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 26% above the Vehicles & Parts median (#474 of 1337)

No single metric tells the full story. See the FRA:MMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modine Manufacturing Co Business Description

Other Exchanges MOD:USA1MOD:Italy
Address 1500 DeKoven Avenue, Racine, WI, USA, 53403
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers. Its operating segments include Climate Solutions and Performance Technologies.
73GF Score

Get the complete analysis for FRA:MMF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€235.20
Price
€125.59
GF Value