Joel Casterton - Modine Manufacturing Vice President - Vehicular Thermal Solutions

MOD Stock  USD 102.22  1.55  1.49%   

President

Mr. Joel Casterton is Vice President Vehicular Thermal Solutions of the Modine Manufacturing Co. Casterton has a BS Degree in Industrial Manufacturing Engineering from Iowa State University. He joined Modine in 2005, and during his tenure with the company has held a variety of leadership roles including Engineering Manager EPG, Engineering Director EPG, North America Sales Director, Engineering Director Asia, and, most recently Director Global Program Management Quality. Prior to Modine, Casterton was with Ford Motor Co. and Visteon Corporationration for 10 years where he held positions in Process Development, Program Management, and Product Development. since 2020.
Age 48
Tenure 4 years
Address 1500 DeKoven Avenue, Racine, WI, United States, 53403
Phone262 636 1200
Webhttps://www.modine.com

Modine Manufacturing Management Efficiency

The company has Return on Asset of 0.0969 % which means that on every $100 spent on assets, it made $0.0969 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3681 %, implying that it generated $0.3681 on every 100 dollars invested. Modine Manufacturing's management efficiency ratios could be used to measure how well Modine Manufacturing manages its routine affairs as well as how well it operates its assets and liabilities. At present, Modine Manufacturing's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.31, whereas Return On Capital Employed is forecasted to decline to 0.12. At present, Modine Manufacturing's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.14, whereas Non Current Assets Total are forecasted to decline to about 512.7 M.
The company has 352.7 M in debt with debt to equity (D/E) ratio of 0.99, which is OK given its current industry classification. Modine Manufacturing has a current ratio of 1.55, which is typical for the industry and considered as normal. Debt can assist Modine Manufacturing until it has trouble settling it off, either with new capital or with free cash flow. So, Modine Manufacturing's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Modine Manufacturing sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Modine to invest in growth at high rates of return. When we think about Modine Manufacturing's use of debt, we should always consider it together with cash and equity.

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Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. Modine Manufacturing Company was incorporated in 1916 and is headquartered in Racine, Wisconsin. Modine Manufacturing operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 11100 people. Modine Manufacturing (MOD) is traded on New York Stock Exchange in USA. It is located in 1500 DeKoven Avenue, Racine, WI, United States, 53403 and employs 11,300 people. Modine Manufacturing is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Modine Manufacturing Leadership Team

Elected by the shareholders, the Modine Manufacturing's board of directors comprises two types of representatives: Modine Manufacturing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Modine. The board's role is to monitor Modine Manufacturing's management team and ensure that shareholders' interests are well served. Modine Manufacturing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Modine Manufacturing's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sylvia Stein, Chief Compliance Officer, Vice President, General Counsel, Secretary
David Anderson, Independent Director
Thomas Drahos, VP Operations
Katherine Harper, Director
Scott Bowser, Vice President, Commercial and Industrial Solutions and Chief Operating Officer
Larry Moore, Independent Director
Mark Hudson, VP Controller
Thomas Burke, President, Chief Executive Officer, Director
Neil Brinker, President, Chief Executive Officer, Director
Eric Ashleman, Independent Director
Charles Cooley, Independent Director
Matthew Mcburney, Vice President, Building HVAC and Corporate Strategy
Eric McGinnis, Vice President - Building HVAC
Christopher Patterson, Independent Director
Michael Lucareli, Interim President and Chief Executive Officer, Chief Financial Officer, Vice President - Finance
Kathleen Powers, VP, Treasurer, Investor Relations
Adrian Peace, Vice President - Commercial and Industrial Solutions
David Bills, Independent Director
Suresh Garimella, Independent Director
Marsha Williams, Lead Independent Director
Scott Miller, Vice President - Commercial and Industrial Solutions
Joel Casterton, Vice President - Vehicular Thermal Solutions
Thomas Marry, COO and Executive VP
Christine Yan, Independent Director
Sylvia JD, Gen VP
Brian Agen, Vice President of Human Resources

Modine Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Modine Manufacturing a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:
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Is Modine Manufacturing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modine Manufacturing. If investors know Modine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modine Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.804
Earnings Share
4.25
Revenue Per Share
46.185
Quarterly Revenue Growth
0.003
Return On Assets
0.0969
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modine Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.