Modine Manufacturing Co (FRA:MMF) ROCE %: 21.89% (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
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What is Modine Manufacturing Co ROCE %?

Modine Manufacturing Co FRA:MMF +1.85% 73 ROCE % is 21.89% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Modine Manufacturing Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.89%.

Modine Manufacturing Co  (FRA:MMF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Modine Manufacturing Co ROCE % Related Terms

Modine Manufacturing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Modine Manufacturing Co's ROCE % 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 ROCE % Chart

Modine Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.94 14.86 20.05 20.96 12.76

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
ROCE % 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 20.85 18.24 16.67 -6.50 21.89
FRA:MMF
73GF Score
Modine Manufacturing Co FRA:MMF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modine Manufacturing Co ROCE % Calculation

Modine Manufacturing Co's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=188.656/( ( (1773.78 - 500.425) + (2313.529 - 630.498) )/ 2 )
=188.656/( (1273.355+1683.031)/ 2 )
=188.656/1478.193
=12.76 %

Modine Manufacturing Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=360.532/( ( (2120.397 - 509.155) + (2313.529 - 630.498) )/ 2 )
=360.532/( ( 1611.242 + 1683.031 )/ 2 )
=360.532/1647.1365
=21.89 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 21.89% mean?
Modine Manufacturing Co (FRA:MMF) has a ROCE % of 21.89% as of Mar. 2026.
Is Modine Manufacturing Co's ROCE % too high?
Modine Manufacturing Co's current ROCE % is 21.89%. The Vehicles & Parts industry median ROCE % is 7.94. Modine Manufacturing Co's value of 21.89% is 175.7% above this industry median. 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 ROCE % compare to BWA and AUR?
Modine Manufacturing Co's ROCE % of 21.89% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Modine Manufacturing Co's value of 21.89% is 175.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modine Manufacturing Co's current ROCE % of 21.89% is 175.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modine Manufacturing Co's current ROCE % is 21.89%. 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 ROCE % is 21.89% and 175.7% above the Vehicles & Parts industry median of 7.94. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Modine Manufacturing Co (FRA:MMF), the current ROCE % is 21.89% 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:

  • ROCE %: 21.89%
  • GF Value™: €119.40 vs. price of €241.70 (102.4% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 175.7% above the Vehicles & Parts median

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

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

€241.70
Price
€119.40
GF Value