Modine Manufacturing CoFRA:MMF -5.14%80 Return-on-Tangible-Equity is 44.34% as of Mar. 2026, which is 51% above its 10-year median of 29.31. GuruFocus rates FRA:MMF with a GF Score™ of 80/100 and a GF Value™ of €125.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Modine Manufacturing Co ranks better than 83.81% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Modine Manufacturing Co's annualized net income for the quarter that ended in Mar. 2026 was €254 Mil. Modine Manufacturing Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €572 Mil. Therefore, Modine Manufacturing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 44.34%.
The historical rank and industry rank for Modine Manufacturing Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -143.87 Med: 29.31 Max: 63.18
Current: 20.53
During the past 13 years, Modine Manufacturing Co's highest Return-on-Tangible-Equity was 63.18%. The lowest was -143.87%. And the median was 29.31%.
FRA:MMF's Return-on-Tangible-Equity is ranked better than 83.81% of 1285
companies
in the Vehicles & Parts industry
Industry Median: 7.51
vs FRA:MMF: 20.53
Modine Manufacturing Co (FRA:MMF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Modine Manufacturing Co Return-on-Tangible-Equity Related Terms
Modine Manufacturing Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Modine Manufacturing Co's Return-on-Tangible-Equity 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-Equity Chart
FRA:MMF vs BWA, APTV, AUR: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Modine Manufacturing Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Modine Manufacturing Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 44.34% mean?
Modine Manufacturing Co (FRA:MMF) has a Return-on-Tangible-Equity of 44.34% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Modine Manufacturing Co and its competitors. This is 51% above median its historical median of 29.31. According to the industry distribution chart, Modine Manufacturing Co ranks #208 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 16.2%.
Is Modine Manufacturing Co's Return-on-Tangible-Equity too high?
Modine Manufacturing Co's current Return-on-Tangible-Equity of 44.34% is 51% above median its 10-year median of 29.31. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.51. Modine Manufacturing Co's value of 44.34% is 490.4% above this industry median. Based on the distribution chart, Modine Manufacturing Co ranks #208 out of 1285 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. 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-Equity compare to BWA and APTV?
According to the Vehicles & Parts industry distribution chart, Modine Manufacturing Co ranks #208 out of 1285 companies for Return-on-Tangible-Equity. This places Modine Manufacturing Co in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.51. Modine Manufacturing Co's value of 44.34% is 490.4% above this benchmark. While the company's 10-year median is 29.31 vs. the industry median of 7.51, 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-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.51, based on 1,285 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 44.34% is 490.4% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Modine Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.51 — 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-Equity is 44.34%, which is 51% above median its own 10-year median of 29.31. 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 €125.39, compared to a current price of €210.40 — trading 67.8% above its estimated fair value. The current Return-on-Tangible-Equity is 44.34%, which is 51% above median its 10-year median of 29.31 and 490.4% above the Vehicles & Parts industry median of 7.51. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Modine Manufacturing Co (FRA:MMF), the current Return-on-Tangible-Equity is 44.34% 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 €210.40 is trading 67.8% above its estimated GF Value™ of €125.39.
GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.
Key valuation signals for FRA:MMF:
Return-on-Tangible-Equity: 44.34% (51% above median its 10-year median of 29.31)
GF Value™: €125.39 vs. price of €210.40 (67.8% above fair value)
Industry Position: 490.4% above the Vehicles & Parts median (#208 of 1285)
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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