Modine Manufacturing CoFRA:MMF +1.59%80 Return-on-Tangible-Asset is 14.14% as of Mar. 2026, which is 113% above its 10-year median of 6.63. GuruFocus rates FRA:MMF with a GF Score™ of 80/100 and a GF Value™ of €118.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Modine Manufacturing Co ranks better than 73.8% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Modine Manufacturing Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €254 Mil. Modine Manufacturing Co's average total tangible assets for the quarter that ended in Mar. 2026 was €1,793 Mil. Therefore, Modine Manufacturing Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.14%.
The historical rank and industry rank for Modine Manufacturing Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:MMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.57 Med: 6.63 Max: 12.39
Current: 6.49
During the past 13 years, Modine Manufacturing Co's highest Return-on-Tangible-Asset was 12.39%. The lowest was -18.57%. And the median was 6.63%.
FRA:MMF's Return-on-Tangible-Asset is ranked better than 73.8% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 3.125
vs FRA:MMF: 6.49
Modine Manufacturing Co (FRA:MMF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Modine Manufacturing Co Return-on-Tangible-Asset Related Terms
Modine Manufacturing Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Modine Manufacturing Co's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
FRA:MMF vs BWA, APTV, AUR: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Modine Manufacturing Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Modine Manufacturing Co's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.14% mean?
Modine Manufacturing Co (FRA:MMF) has a Return-on-Tangible-Asset of 14.14% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Modine Manufacturing Co and its competitors. This is 113% above median its historical median of 6.63. According to the industry distribution chart, Modine Manufacturing Co ranks #349 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 26.2%.
Is Modine Manufacturing Co's Return-on-Tangible-Asset too high?
Modine Manufacturing Co's current Return-on-Tangible-Asset of 14.14% is 113% above median its 10-year median of 6.63. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. Modine Manufacturing Co's value of 14.14% is 352.5% above this industry median. Based on the distribution chart, Modine Manufacturing Co ranks #349 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Modine Manufacturing Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modine Manufacturing Co's Return-on-Tangible-Asset compare to BWA and APTV?
According to the Vehicles & Parts industry distribution chart, Modine Manufacturing Co ranks #349 out of 1332 companies for Return-on-Tangible-Asset. This puts Modine Manufacturing Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Modine Manufacturing Co's value of 14.14% is 352.5% above this benchmark. While the company's 10-year median is 6.63 vs. the industry median of 3.13, 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 Return-on-Tangible-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modine Manufacturing Co's current Return-on-Tangible-Asset of 14.14% is 352.5% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Modine Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modine Manufacturing Co's current Return-on-Tangible-Asset is 14.14%, which is 113% above median its own 10-year median of 6.63. 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 €118.94, compared to a current price of €211.20 — trading 77.6% above its estimated fair value. The current Return-on-Tangible-Asset is 14.14%, which is 113% above median its 10-year median of 6.63 and 352.5% above the Vehicles & Parts industry median of 3.13. Modine Manufacturing Co's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Modine Manufacturing Co (FRA:MMF), the current Return-on-Tangible-Asset is 14.14% 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 €211.20 is trading 77.6% above its estimated GF Value™ of €118.94.
GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.
Key valuation signals for FRA:MMF:
Return-on-Tangible-Asset: 14.14% (113% above median its 10-year median of 6.63)
GF Value™: €118.94 vs. price of €211.20 (77.6% above fair value)
Industry Position: 352.5% above the Vehicles & Parts median (#349 of 1332)
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 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.
80GF Score
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