For me, the value of a module is that you can describe a set of multiple types and the functions that operate on these types, all in one place. In OO, there is essentially one type that is "special", the type of the class you define.
The power of the Ocaml module system is really in the functor, which the article only touches upon. You define a module and refer in its definition to types/functions of other modules that must be provided at the time you construct the module. Even better, you can define relations between the types and do type substitutions, e.g.: to construct this module, you need to give me 2 other modules, each with a specific set of functions, and for which type t1 of the first module, matches type t2 of the second module, while the actual type of t1/t2 does not matter.
The power of the Ocaml module system is really in the functor, which the article only touches upon. You define a module and refer in its definition to types/functions of other modules that must be provided at the time you construct the module. Even better, you can define relations between the types and do type substitutions, e.g.: to construct this module, you need to give me 2 other modules, each with a specific set of functions, and for which type t1 of the first module, matches type t2 of the second module, while the actual type of t1/t2 does not matter.
See https://dev.realworldocaml.org/functors.html for more examples.