Modular Medical, Inc. (MODD) Key Metrics
MODD valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $22.0M
- Enterprise value
- $14.5M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- —
- Price / book
- 1.7
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 0.29
MODD key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsMODD returns How much profit the business earns on the capital it uses.
MODD per-share figures Results divided by the shares outstanding at year-end.
MODD financial health Debt, liquidity and how easily interest is covered.
MODD efficiency & capital use Working capital cycle and where the cash goes.
MODD valuation history
MODD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MODD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MODD cash returned to shareholders
MODD price vs earnings per share
MODD key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $12.1M | — | — | — | — | — | — | — | — | — |
| Enterprise value | $5.5M | — | — | — | — | — | — | — | — | — |
| Price / book | 0.9 | — | — | — | — | — | — | — | — | — |
| Earnings yield | −234.1% | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | −229.5% | — | — | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $5.28 | $32.70 | $55.50 | $43.50 | $132.00 | $472.50 | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $0.00 | — | — | — | — | — | — | — | — | $0.00 |
| Earnings per share | −$12.36 | — | — | — | — | — | — | — | — | −$0.03 |
| Operating cash flow per share | −$10.40 | — | — | — | — | — | — | — | — | −$0.03 |
| Free cash flow per share | −$12.12 | — | — | — | — | — | — | — | — | −$0.03 |
| Cash per share | $3.04 | — | — | — | — | — | — | — | — | $0.39 |
| Book value per share | $5.67 | — | — | — | — | — | — | — | — | $0.37 |
| Tangible book value per share | $5.67 | — | — | — | — | — | — | — | — | $0.37 |
| Capex per share | $1.72 | — | — | — | — | — | — | — | — | $0.00 |
| Debt per share | $0.17 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 2.3M | — | — | — | — | — | — | — | — | 3.5M |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −188.1% | −131.6% | −210.3% | −199.5% | −492.8% | — | −113.8% | −47.1% | −3.8% | −19.3% |
| Return on invested capital (ROIC) | −388.5% | −363.0% | −438.6% | −792.4% | — | — | — | — | — | — |
| Return on assets (ROA) | −168.3% | −115.7% | −166.0% | −162.4% | −308.1% | −241.6% | −101.2% | −46.2% | −3.7% | −7.8% |
| Return on tangible assets | −190.4% | −100.5% | −126.5% | −191.6% | −189.2% | −328.2% | −137.9% | −37.2% | −2.5% | −7.8% |
| Financial health | ||||||||||
| Total debt | $393,000 | $816,000 | $1.2M | $1.5M | $184,814 | $2.8M | $270,950 | — | $516 | — |
| Cash & short-term investments | $6.9M | $13.1M | $9.2M | $3.8M | $9.1M | $1.5M | $3.1M | $6.6M | $4.3M | $1.4M |
| Net debt | −$6.5M | −$12.3M | −$8.0M | −$2.3M | −$8.9M | $1.3M | −$2.9M | −$6.6M | −$4.3M | −$1.4M |
| Debt / equity | 0.03 | 0.05 | 0.10 | 0.30 | 0.02 | — | 0.09 | — | 0.00 | — |
| Debt / assets | 0.03 | 0.04 | 0.09 | 0.21 | 0.02 | 1.25 | 0.07 | — | 0.00 | — |
| Current ratio | 4.03 | 10.69 | 6.66 | 4.13 | 9.68 | 0.50 | 4.82 | 36.71 | 278.81 | 18.44 |
| Quick ratio | 4.03 | 10.69 | 6.66 | 4.04 | 9.68 | 0.50 | 4.82 | 36.71 | 278.81 | 18.44 |
| Interest coverage | — | — | — | -14.2 | -5.4 | -184.4 | -186.0 | — | -5.9 | — |
| Working capital | $5.7M | $12.3M | $8.2M | $3.1M | $8.4M | −$1.6M | $2.5M | $6.4M | $4.3M | $1.3M |
| Invested capital | $6.4M | $4.8M | $3.5M | $2.8M | −$54,768 | $68,474 | $27,238 | −$79,711 | $22,821 | −$74,420 |
| Tangible asset value | $13.0M | $17.1M | $11.5M | $5.1M | $8.8M | −$1.3M | $2.9M | $6.7M | $4.3M | $1.3M |
| Net current asset value | $5.7M | $11.9M | $7.4M | $1.9M | $8.4M | −$1.9M | $2.2M | $6.4M | $4.3M | $1.3M |
| Graham net-net per share | $2.22 | — | — | — | — | — | — | — | — | $0.37 |
| Capital allocation | ||||||||||
| Share buybacks (net) | — | — | — | — | — | — | — | — | $14,098 | $14,098 |
| Capex / depreciation | 2.35 | 2.35 | 3.99 | 10.77 | 466.12 | 0.60 | 7.36 | 5.33 | 8.24 | 8.12 |
| Efficiency | ||||||||||
| Days of inventory on hand | — | — | — | 97.6 | — | — | — | — | — | — |
| Days payables outstanding | 145.2 | 145.2 | 258.3 | 300.3 | 434.9 | 538.2 | 2,602.9 | 1,933.3 | 2,933.1 | — |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — | — |
| Payables turnover | 2.51 | 2.51 | 1.41 | 1.22 | 0.84 | 0.68 | 0.14 | 0.19 | 0.12 | — |
| Inventory turnover | — | — | — | 3.74 | — | — | — | — | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | $43,500 | $108,500 | $76,000 | $5,000 | — | — | — | — | — | — |
| Average payables | $665,000 | $570,000 | $543,500 | $292,476 | $234,618 | $268,152 | $252,666 | $76,634 | $14,955 | — |
| Average inventory | — | — | — | $95,000 | — | — | — | — | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −2.7% | 0.0% | 0.0% |
Computed from MODD's annual financial statements (latest annual report filed June 29, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MODD valuation and financial ratios
Modular Medical earned a return on equity of −188.1% and a return on invested capital of −388.5% in fiscal 2026. It ended the year with $0.4 million of debt and $6.9 million in cash and short-term investments, a net cash position of $6.5 million. The share count fell 34.7% from 3.5M to 2.3M over 9 years.
See the MODD income statement, the MODD chart for price history, or the MODD stock overview for the latest quote and news.
MODD key metrics FAQ
What is Modular Medical's return on equity?
Modular Medical's return on equity (ROE) was −188.1% in fiscal 2026: net income of -$28.2 million on average shareholders' equity of $15.0 million.
What is Modular Medical's ROIC?
Modular Medical's return on invested capital was −388.5% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Modular Medical have?
Modular Medical had total debt of $0.4 million at the end of fiscal 2026, a debt-to-equity ratio of 0.03 and more cash than debt.
What is Modular Medical's free cash flow yield?
Modular Medical generated -$27.7 million of free cash flow in fiscal 2026, a free cash flow yield of −229.5% on its market value at year-end ($12.1 million).
What is Modular Medical's current ratio?
Modular Medical's current ratio was 4.03 at the end of fiscal 2026: current assets were 4.03 times current liabilities.