Modine Manufacturing Co (FRA:MMF) E10: €0.98 (As of Mar. 2026)


FRA:MMF Modine Manufacturing Co FRA:MMF
73 GF Score
Price €241.70
GF Value €119.40
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Modine Manufacturing Co E10?

Modine Manufacturing Co FRA:MMF +1.85% 73 E10 is €0.98 as of Mar. 2026. GuruFocus rates FRA:MMF with a GF Score™ of 73/100 and a GF Value™ of €119.40 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Modine Manufacturing Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.176. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Modine Manufacturing Co's average E10 Growth Rate was 27.70% per year. During the past 3 years, the average E10 Growth Rate was 21.40% per year. During the past 5 years, the average E10 Growth Rate was 40.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Modine Manufacturing Co was 46.30% per year. The lowest was -49.40% per year. And the median was 2.30% per year.

As of today (2026-06-25), Modine Manufacturing Co's current stock price is €241.70. Modine Manufacturing Co's E10 for the quarter that ended in Mar. 2026 was €0.98. Modine Manufacturing Co's Shiller PE Ratio of today is 246.63.

During the past 13 years, the highest Shiller PE Ratio of Modine Manufacturing Co was 247.81. The lowest was 4.73. And the median was 54.89.


Modine Manufacturing Co  (FRA:MMF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Modine Manufacturing Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=241.70/0.98
=246.63

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Modine Manufacturing Co was 247.81. The lowest was 4.73. And the median was 54.89.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Modine Manufacturing Co E10 Related Terms


Modine Manufacturing Co E10 Historical Data

* Premium members only.

The historical data trend for Modine Manufacturing Co's E10 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 E10 Chart

Modine Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.62 0.59 0.88 0.98

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
E10 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 0.88 0.91 1.00 0.92 0.98

FRA:MMF vs BWA, AUR, APTV: E10 Comparison

For the Auto Parts subindustry, Modine Manufacturing Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Vehicles & Parts Industry

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

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


FRA:MMF
73GF Score
Modine Manufacturing Co FRA:MMF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modine Manufacturing Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Modine Manufacturing Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.176/330.2130*330.2130
=1.176

Current CPI (Mar. 2026) = 330.2130.

Modine Manufacturing Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.160 241.018 0.219
201609 -0.080 241.428 -0.109
201612 0.038 241.432 0.052
201703 0.149 243.801 0.202
201706 0.303 244.955 0.408
201709 0.260 246.819 0.348
201712 -0.482 246.524 -0.646
201803 0.276 249.554 0.365
201806 0.368 251.989 0.482
201809 0.643 252.439 0.841
201812 0.308 251.233 0.405
201903 0.106 254.202 0.138
201906 0.142 256.143 0.183
201909 -0.082 256.759 -0.105
201912 0.018 256.974 0.023
202003 -0.119 258.115 -0.152
202006 -0.151 257.797 -0.193
202009 0.144 260.280 0.183
202012 -3.132 260.474 -3.971
202103 -0.244 264.877 -0.304
202106 0.033 271.696 0.040
202109 0.009 274.310 0.011
202112 1.248 278.802 1.478
202203 0.145 287.504 0.167
202206 0.255 296.311 0.284
202209 0.465 296.808 0.517
202212 0.434 296.797 0.483
202303 1.578 301.836 1.726
202306 0.785 305.109 0.850
202309 0.815 307.789 0.874
202312 0.761 306.746 0.819
202403 0.442 312.332 0.467
202406 0.818 314.175 0.860
202409 0.775 315.301 0.812
202412 0.726 315.605 0.760
202503 0.851 319.799 0.879
202506 0.824 322.561 0.844
202509 0.707 324.800 0.719
202512 -0.769 324.054 -0.784
202603 1.176 330.213 1.176

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.98 mean?
Modine Manufacturing Co (FRA:MMF) has a E10 of €0.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Modine Manufacturing Co and its competitors.
Is Modine Manufacturing Co's E10 too high?
Modine Manufacturing Co's current E10 is €0.98. 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 E10 compare to BWA and AUR?
Modine Manufacturing Co's E10 of €0.98 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Modine Manufacturing Co and its competitors. Modine Manufacturing Co's current E10 is €0.98. 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 €119.40, compared to a current price of €241.70 — trading 102.4% above its estimated fair value. The current E10 is €0.98. Modine Manufacturing Co's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Modine Manufacturing Co (FRA:MMF), the current E10 is €0.98 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 €241.70 is trading 102.4% above its estimated GF Value™ of €119.40. GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:MMF:

  • E10: €0.98
  • GF Value™: €119.40 vs. price of €241.70 (102.4% above fair value)
  • GF Score™: 73/100 with 8 warning signs

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

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€241.70
Price
€119.40
GF Value