Modine Manufacturing (MOD) stock has soared in recent months, but our analysis reveals an overvaluation. While fundamentals have improved, modest revenue growth, unimpressive profitability, and a lack of exceptional growth or profitability indicate no premium is warranted. A DCF simulation values the business at $3.78 billion, 14% below current market capitalization, suggesting an overvalued stock. Risks include the strength of momentum and potential for earnings release surprises, but overall, we rate MOD a “Sell” due to its overvaluation and underwhelming fundamentals.