178.6 USD
+1.62 (+0.92%)
178.6 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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MANH is quite expensive at the moment. It does show a decent growth rate. With these ratings, MANH could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
MANH had positive earnings in the past year.
MANH had a positive operating cash flow in the past year.
MANH had positive earnings in each of the past 5 years.
In the past 5 years MANH always reported a positive cash flow from operatings.
1.2 Ratios
MANH has a Return On Assets of 28.10%. This is amongst the best in the industry. MANH outperforms 97.51% of its industry peers.
MANH's Return On Equity of 69.86% is amongst the best of the industry. MANH outperforms 98.22% of its industry peers.
MANH's Return On Invested Capital of 61.70% is amongst the best of the industry. MANH outperforms 99.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MANH is significantly above the industry average of 12.03%.
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.
MANH's Profit Margin has improved in the last couple of years.
MANH has a Operating Margin of 25.91%. This is amongst the best in the industry. MANH outperforms 90.04% of its industry peers.
MANH's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 56.54%, MANH is not doing good in the industry: 65.12% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of MANH has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MANH is creating value.
Compared to 1 year ago, MANH has less shares outstanding
Compared to 5 years ago, MANH has less shares outstanding
MANH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 17.31 indicates that MANH is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 17.31, MANH belongs to the top of the industry, outperforming 93.95% of the companies in the same industry.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 17.31 |
ROIC/WACC5.7
WACC10.83%
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.
MANH's Current ratio of 1.31 is in line compared to the rest of the industry. MANH outperforms 40.21% of its industry peers.
MANH has a Quick 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.
MANH has a Quick ratio (1.31) which is comparable to the rest of the 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%.
Measured over the past years, MANH shows a quite strong growth in Revenue. The Revenue has been growing by 11.02% on average per year.
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
MANH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.35% yearly.
The Revenue is expected to grow by 7.70% on average over the next years.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 35.51, which means the current valuation is very expensive for MANH.
The rest of the industry has a similar Price/Earnings ratio as MANH.
When comparing the Price/Earnings ratio of MANH to the average of the S&P500 Index (26.37), we can say MANH is valued slightly more expensively.
MANH is valuated quite expensively with a Price/Forward Earnings ratio of 32.56.
MANH's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of MANH to the average of the S&P500 Index (36.20), we can say MANH is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.51 | ||
| Fwd PE | 32.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MANH is valued a bit cheaper than 66.19% of the companies in the same industry.
67.97% of the companies in the same industry are more expensive than MANH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.3 | ||
| EV/EBITDA | 36.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MANH has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.99
PEG (5Y)1.6
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 |
178.6
+1.62 (+0.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners103.5%
Inst Owner Change2.01%
Ins Owners1.24%
Ins Owner Change-5.47%
Market Cap10.76B
Revenue(TTM)1.07B
Net Income(TTM)216.01M
Analysts81.05
Price Target230.44 (29.03%)
Short Float %3.33%
Short Ratio3.69
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)-0.2%
PT rev (3m)-1.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.4%
EPS NY rev (1m)2.88%
EPS NY rev (3m)3.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.51 | ||
| Fwd PE | 32.56 | ||
| P/S | 10.09 | ||
| P/FCF | 32.3 | ||
| P/OCF | 31 | ||
| P/B | 34.81 | ||
| P/tB | 43.58 | ||
| EV/EBITDA | 36.78 |
EPS(TTM)5.03
EY2.82%
EPS(NY)5.49
Fwd EY3.07%
FCF(TTM)5.53
FCFY3.1%
OCF(TTM)5.76
OCFY3.23%
SpS17.7
BVpS5.13
TBVpS4.1
PEG (NY)4.99
PEG (5Y)1.6
Graham Number24.1
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 | 17.31 |
F-Score7
WACC10.83%
ROIC/WACC5.7
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 3 / 10 to MANHATTAN ASSOCIATES INC (MANH). This can be considered as Overvalued.
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 35.51 and the Price/Book (PB) ratio is 34.81.
Can you provide the financial health for MANH stock?
The financial health rating of MANHATTAN ASSOCIATES INC (MANH) is 9 / 10.