Allison Transmission Holdings Inc vs Modine Manufacturing Co

Allison Transmission Holdings Inc (ALSN) is fairly valued and Modine Manufacturing Co (MOD) is overvalued.

Against our estimates of intrinsic value, ALSN trades at the wider discount: a margin of safety of +2%, against -204% for MOD.

Values as of the 22 Sept 2026 close.

Allison Transmission Holdings Inc (ALSN)

Discounting its cash flows at 8.5% (average of 3 methods) values the shares at $118.03; the price of $115.38 is 2% below that value, and 78% of that value comes from beyond year five.

Leak Score 30/100 on 3 of 12 signals

Modine Manufacturing Co (MOD)

Discounting its cash flows at 12.1% (average of 3 methods) values the shares at $64.36; the price of $195.96 is 204% above that value, and 67% of that value comes from beyond year five.

Leak Score 27/100 on 3 of 12 signals

MetricALSNMOD
VerdictFairly valuedOvervalued
Price$115.38$195.96
Intrinsic value$118.03$64.36
Margin of safety+2%-204%
Leak Score30/100 (3/12)27/100 (3/12)
Market cap$9.5B$10.4B
Revenue growth, 5 years7.7%12.0%
Operating margin21.4%10.9%
Net margin12.0%4.3%
Return on equity28.4%13.0%
Debt to equity2.140.56
P/E18.3x73.8x
Forward P/E10.5x17.9x
P/B4.8x8.7x
Dividend yield1.0%

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