Modine Manufacturing CoMOD +4.17%73 ROC (Joel Greenblatt) % is 35.94% as of Mar. 2026, which is 92% above its 10-year median of 18.71. GuruFocus rates MOD with a GF Score™ of 73/100 and a GF Value™ of $136.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Modine Manufacturing Co ranks better than 72.75% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Modine Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.94%.
The historical rank and industry rank for Modine Manufacturing Co's ROC (Joel Greenblatt) % or its related term are showing as below:
MOD'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.17 Med: 18.71 Max: 37.93
Current: 21.35
During the past 13 years, Modine Manufacturing Co's highest ROC (Joel Greenblatt) % was 37.93%. The lowest was -18.17%. And the median was 18.71%.
MOD's ROC (Joel Greenblatt) % is ranked better than 72.75% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 11.97
vs MOD: 21.35
Modine Manufacturing Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Modine Manufacturing Co (NYSE:MOD) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Modine Manufacturing Co ROC (Joel Greenblatt) % Related Terms
Modine Manufacturing Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Modine Manufacturing Co's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart
MOD vs BWA, APTV, AUR: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Modine Manufacturing Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Modine Manufacturing Co's ROC (Joel Greenblatt) % falls into.
Modine Manufacturing Co ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 35.94% mean?
Modine Manufacturing Co (MOD) has a ROC (Joel Greenblatt) % of 35.94% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Modine Manufacturing Co and its competitors. This is 92% above median its historical median of 18.71. According to the industry distribution chart, Modine Manufacturing Co ranks #364 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 27.2%.
Is Modine Manufacturing Co's ROC (Joel Greenblatt) % too high?
Modine Manufacturing Co's current ROC (Joel Greenblatt) % of 35.94% is 92% above median its 10-year median of 18.71. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. Modine Manufacturing Co's value of 35.94% is 200.3% above this industry median. Based on the distribution chart, Modine Manufacturing Co ranks #364 out of 1336 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 ROC (Joel Greenblatt) % compare to BWA and APTV?
According to the Vehicles & Parts industry distribution chart, Modine Manufacturing Co ranks #364 out of 1336 companies for ROC (Joel Greenblatt) %. This puts Modine Manufacturing Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. Modine Manufacturing Co's value of 35.94% is 200.3% above this benchmark. While the company's 10-year median is 18.71 vs. the industry median of 11.97, 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 ROC (Joel Greenblatt) % for a Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,336 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modine Manufacturing Co's current ROC (Joel Greenblatt) % of 35.94% is 200.3% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Modine Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modine Manufacturing Co's current ROC (Joel Greenblatt) % is 35.94%, which is 92% above median its own 10-year median of 18.71. 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 (MOD) is currently considered Significantly Overvalued. The stock's GF Value™ is $136.69, compared to a current price of $267.02 — trading 95.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 35.94%, which is 92% above median its 10-year median of 18.71 and 200.3% above the Vehicles & Parts industry median of 11.97. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Modine Manufacturing Co (MOD), the current ROC (Joel Greenblatt) % is 35.94% 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 (MOD) Overvalued in 2026?
Based on GuruFocus' analysis, Modine Manufacturing Co stock appears to be overvalued.
The current stock price of $267.02 is trading 95.3% above its estimated GF Value™ of $136.69.
GuruFocus considers Modine Manufacturing Co to be Significantly Overvalued.
Key valuation signals for MOD:
ROC (Joel Greenblatt) %: 35.94% (92% above median its 10-year median of 18.71)
GF Value™: $136.69 vs. price of $267.02 (95.3% above fair value)
Industry Position: 200.3% above the Vehicles & Parts median (#364 of 1336)
No single metric tells the full story. See the MOD 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.
73GF Score
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