MANHATTAN ASSOCIATES INC (MANH) Stock Fundamental Analysis
USA - NASDAQ:MANH - US5627501092 - Common Stock
177.42 USD
+2.08 (+1.19%)
177.42 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to MANH. MANH was compared to 281 industry peers in the Software industry. MANH has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MANH is not valued too expensively and it also shows a decent growth rate. With these ratings, MANH could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year MANH was profitable.
MANH had a positive operating cash flow in the past year.
Each year in the past 5 years MANH has been profitable.
MANH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MANH has a better Return On Assets (28.10%) than 97.51% of its industry peers.
The Return On Equity of MANH (69.86%) is better than 98.22% of its industry peers.
With an excellent Return On Invested Capital value of 61.70%, MANH belongs to the best of the industry, outperforming 99.29% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MANH is significantly above the industry average of 11.92%.
The last Return On Invested Capital (61.70%) for MANH is above the 3 year average (55.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.1% | ||
| ROE | 69.86% | ||
| ROIC | 61.7% |
ROA(3y)25.89%
ROA(5y)23.38%
ROE(3y)64.44%
ROE(5y)55.45%
ROIC(3y)55.23%
ROIC(5y)47.73%
1.3 Margins
MANH's Profit Margin of 20.25% is amongst the best of the industry. MANH outperforms 84.34% of its industry peers.
In the last couple of years the Profit Margin of MANH has grown nicely.
The Operating Margin of MANH (25.91%) is better than 89.68% of its industry peers.
MANH's Operating Margin has improved in the last couple of years.
The Gross Margin of MANH (56.54%) is worse than 64.41% of its industry peers.
MANH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.91% | ||
| PM (TTM) | 20.25% | ||
| GM | 56.54% |
OM growth 3Y7.44%
OM growth 5Y6%
PM growth 3Y7.95%
PM growth 5Y8.57%
GM growth 3Y-0.19%
GM growth 5Y0.34%
2. Health
2.1 Basic Checks
MANH has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, MANH has less shares outstanding
The number of shares outstanding for MANH has been reduced compared to 5 years ago.
There is no outstanding debt for MANH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
MANH has an Altman-Z score of 17.23. This indicates that MANH is financially healthy and has little risk of bankruptcy at the moment.
MANH has a better Altman-Z score (17.23) than 93.24% of its industry peers.
MANH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 17.23 |
ROIC/WACC5.65
WACC10.92%
2.3 Liquidity
MANH has a Current Ratio of 1.31. This is a normal value and indicates that MANH is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.31, MANH perfoms like the industry average, outperforming 41.28% of the companies in the same industry.
A Quick Ratio of 1.31 indicates that MANH should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.31, MANH perfoms like the industry average, outperforming 41.99% of the companies in the same industry.
MANH does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.59% over the past year.
The Earnings Per Share has been growing by 22.14% on average over the past years. This is a very strong growth
MANH shows a small growth in Revenue. In the last year, the Revenue has grown by 4.10%.
MANH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.02% yearly.
EPS 1Y (TTM)9.59%
EPS 3Y28.48%
EPS 5Y22.14%
EPS Q2Q%0.74%
Revenue 1Y (TTM)4.1%
Revenue growth 3Y16.24%
Revenue growth 5Y11.02%
Sales Q2Q%3.42%
3.2 Future
The Earnings Per Share is expected to grow by 17.35% on average over the next years. This is quite good.
Based on estimates for the next years, MANH will show a small growth in Revenue. The Revenue will grow by 7.70% on average per year.
EPS Next Y7.11%
EPS Next 2Y7.69%
EPS Next 3Y10.13%
EPS Next 5Y17.35%
Revenue Next Year3.58%
Revenue Next 2Y5.11%
Revenue Next 3Y6.4%
Revenue Next 5Y7.7%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 35.27 indicates a quite expensive valuation of MANH.
Based on the Price/Earnings ratio, MANH is valued a bit cheaper than 60.85% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, MANH is valued a bit more expensive.
The Price/Forward Earnings ratio is 32.34, which means the current valuation is very expensive for MANH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MANH is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.57, MANH is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.27 | ||
| Fwd PE | 32.34 |
4.2 Price Multiples
MANH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MANH is cheaper than 68.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MANH is valued a bit cheaper than the industry average as 68.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.2 | ||
| EV/EBITDA | 36.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of MANH may justify a higher PE ratio.
PEG (NY)4.96
PEG (5Y)1.59
EPS Next 2Y7.69%
EPS Next 3Y10.13%
5. Dividend
5.1 Amount
No dividends for MANH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
177.42
+2.08 (+1.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners103.5%
Inst Owner Change-0.3%
Ins Owners1.24%
Ins Owner Change-4.68%
Market Cap10.73B
Revenue(TTM)1.07B
Net Income(TTM)216.01M
Analysts81.05
Price Target230.9 (30.14%)
Short Float %2.72%
Short Ratio3.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.65%
Min EPS beat(2)13.36%
Max EPS beat(2)13.93%
EPS beat(4)4
Avg EPS beat(4)12.31%
Min EPS beat(4)8.28%
Max EPS beat(4)13.93%
EPS beat(8)8
Avg EPS beat(8)17.09%
EPS beat(12)12
Avg EPS beat(12)22.76%
EPS beat(16)16
Avg EPS beat(16)22.85%
Revenue beat(2)1
Avg Revenue beat(2)0.38%
Min Revenue beat(2)-0.51%
Max Revenue beat(2)1.26%
Revenue beat(4)2
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-0.93%
Max Revenue beat(4)1.26%
Revenue beat(8)5
Avg Revenue beat(8)1.01%
Revenue beat(12)9
Avg Revenue beat(12)2.52%
Revenue beat(16)13
Avg Revenue beat(16)2.9%
PT rev (1m)-1.01%
PT rev (3m)-1.01%
EPS NQ rev (1m)-1.4%
EPS NQ rev (3m)-1.4%
EPS NY rev (1m)3.29%
EPS NY rev (3m)7.96%
Revenue NQ rev (1m)-0.72%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.27 | ||
| Fwd PE | 32.34 | ||
| P/S | 10.06 | ||
| P/FCF | 32.2 | ||
| P/OCF | 30.91 | ||
| P/B | 34.7 | ||
| P/tB | 43.44 | ||
| EV/EBITDA | 36.56 |
EPS(TTM)5.03
EY2.84%
EPS(NY)5.49
Fwd EY3.09%
FCF(TTM)5.51
FCFY3.11%
OCF(TTM)5.74
OCFY3.24%
SpS17.64
BVpS5.11
TBVpS4.08
PEG (NY)4.96
PEG (5Y)1.59
Graham Number24.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.1% | ||
| ROE | 69.86% | ||
| ROCE | 75.03% | ||
| ROIC | 61.7% | ||
| ROICexc | 216.78% | ||
| ROICexgc | 533.41% | ||
| OM | 25.91% | ||
| PM (TTM) | 20.25% | ||
| GM | 56.54% | ||
| FCFM | 31.23% |
ROA(3y)25.89%
ROA(5y)23.38%
ROE(3y)64.44%
ROE(5y)55.45%
ROIC(3y)55.23%
ROIC(5y)47.73%
ROICexc(3y)379.42%
ROICexc(5y)338.92%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)67.16%
ROCE(5y)58.04%
ROICexgc growth 3YN/A
ROICexgc growth 5Y6.89%
ROICexc growth 3Y-16.71%
ROICexc growth 5Y14.68%
OM growth 3Y7.44%
OM growth 5Y6%
PM growth 3Y7.95%
PM growth 5Y8.57%
GM growth 3Y-0.19%
GM growth 5Y0.34%
F-Score7
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 217.07% | ||
| Cap/Sales | 1.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 122.73% | ||
| Profit Quality | 154.25% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 17.23 |
F-Score7
WACC10.92%
ROIC/WACC5.65
Cap/Depr(3y)106.14%
Cap/Depr(5y)79.88%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.65%
Profit Quality(3y)134%
Profit Quality(5y)144.89%
High Growth Momentum
Growth
EPS 1Y (TTM)9.59%
EPS 3Y28.48%
EPS 5Y22.14%
EPS Q2Q%0.74%
EPS Next Y7.11%
EPS Next 2Y7.69%
EPS Next 3Y10.13%
EPS Next 5Y17.35%
Revenue 1Y (TTM)4.1%
Revenue growth 3Y16.24%
Revenue growth 5Y11.02%
Sales Q2Q%3.42%
Revenue Next Year3.58%
Revenue Next 2Y5.11%
Revenue Next 3Y6.4%
Revenue Next 5Y7.7%
EBIT growth 1Y6.41%
EBIT growth 3Y24.89%
EBIT growth 5Y17.68%
EBIT Next Year8.29%
EBIT Next 3Y8.86%
EBIT Next 5Y11.24%
FCF growth 1Y60.27%
FCF growth 3Y16.48%
FCF growth 5Y16.8%
OCF growth 1Y62.89%
OCF growth 3Y16.79%
OCF growth 5Y14.96%
MANHATTAN ASSOCIATES INC / MANH FAQ
Can you provide the ChartMill fundamental rating for MANHATTAN ASSOCIATES INC?
ChartMill assigns a fundamental rating of 7 / 10 to MANH.
What is the valuation status of MANHATTAN ASSOCIATES INC (MANH) stock?
ChartMill assigns a valuation rating of 4 / 10 to MANHATTAN ASSOCIATES INC (MANH). This can be considered as Fairly Valued.
Can you provide the profitability details for MANHATTAN ASSOCIATES INC?
MANHATTAN ASSOCIATES INC (MANH) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for MANH stock?
The Price/Earnings (PE) ratio for MANHATTAN ASSOCIATES INC (MANH) is 35.27 and the Price/Book (PB) ratio is 34.7.
Can you provide the financial health for MANH stock?
The financial health rating of MANHATTAN ASSOCIATES INC (MANH) is 9 / 10.