Autozone Inc (AZO) is fairly valued and Modine Manufacturing Co (MOD) is overvalued.
Against our estimates of intrinsic value, AZO trades at the wider discount: a margin of safety of +3%, against -204% for MOD.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.5% (average of 3 methods) values the shares at $2980.07; the price of $2894.73 is 3% below that value, and 81% of that value comes from beyond year five.
Leak Score 53/100 on 8 of 12 signals
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
| Metric | AZO | MOD |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $2894.73 | $195.96 |
| Intrinsic value | $2980.07 | $64.36 |
| Margin of safety | +3% | -204% |
| Leak Score | 53/100 (8/12) | 27/100 (3/12) |
| Market cap | $47.3B | $10.4B |
| Revenue growth, 5 years | 6.8% | 12.0% |
| Operating margin | 18.3% | 10.9% |
| Net margin | 12.7% | 4.3% |
| Return on equity | — | 13.0% |
| Debt to equity | — | 0.56 |
| P/E | 18.9x | 73.8x |
| Forward P/E | 14.7x | 17.9x |
| P/B | — | 8.7x |