MANHATTAN ASSOCIATES INC (MANH) Stock Fundamental Analysis
NASDAQ:MANH • US5627501092
140.45 USD
+3.01 (+2.19%)
At close: Feb 13, 2026
140.45 USD
0 (0%)
After Hours: 2/13/2026, 8:22:37 PM
MANH gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 277 industry peers in the Software industry. MANH gets an excellent profitability rating and is at the same time showing great financial health properties. MANH is not valued too expensively and it also shows a decent growth rate. This makes MANH very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- MANH had positive earnings in the past year.
- In the past year MANH had a positive cash flow from operations.
- In the past 5 years MANH has always been profitable.
- In the past 5 years MANH always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 26.20%, MANH belongs to the best of the industry, outperforming 98.19% of the companies in the same industry.
- MANH has a Return On Equity of 69.88%. This is amongst the best in the industry. MANH outperforms 97.83% of its industry peers.
- With an excellent Return On Invested Capital value of 58.53%, MANH belongs to the best of the industry, outperforming 99.28% of the companies in the same industry.
- MANH had an Average Return On Invested Capital over the past 3 years of 56.95%. This is significantly above the industry average of 10.83%.
- The 3 year average ROIC (56.95%) for MANH is below the current ROIC(58.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.2% | ||
| ROE | 69.88% | ||
| ROIC | 58.53% |
ROA(3y)27.08%
ROA(5y)24.87%
ROE(3y)68.78%
ROE(5y)61.46%
ROIC(3y)56.95%
ROIC(5y)51.03%
1.3 Margins
- With an excellent Profit Margin value of 20.34%, MANH belongs to the best of the industry, outperforming 84.84% of the companies in the same industry.
- MANH's Profit Margin has improved in the last couple of years.
- MANH's Operating Margin of 26.15% is amongst the best of the industry. MANH outperforms 89.89% of its industry peers.
- In the last couple of years the Operating Margin of MANH has grown nicely.
- MANH's Gross Margin of 56.32% is on the low side compared to the rest of the industry. MANH is outperformed by 64.98% of its industry peers.
- 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 | 26.15% | ||
| PM (TTM) | 20.34% | ||
| GM | 56.32% |
OM growth 3Y9.51%
OM growth 5Y6.09%
PM growth 3Y6.54%
PM growth 5Y6.46%
GM growth 3Y1.86%
GM growth 5Y0.86%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MANH is creating value.
- The number of shares outstanding for MANH has been reduced compared to 1 year ago.
- MANH has less shares outstanding than it did 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
- An Altman-Z score of 12.63 indicates that MANH is not in any danger for bankruptcy at the moment.
- MANH has a Altman-Z score of 12.63. This is amongst the best in the industry. MANH outperforms 95.67% 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 | 12.63 |
ROIC/WACC5.32
WACC11%
2.3 Liquidity
- A Current Ratio of 1.28 indicates that MANH should not have too much problems paying its short term obligations.
- MANH has a worse Current ratio (1.28) than 61.01% of its industry peers.
- A Quick Ratio of 1.28 indicates that MANH should not have too much problems paying its short term obligations.
- The Quick ratio of MANH (1.28) is worse than 60.29% of its industry peers.
- 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 | 1.28 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
- MANH shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.19%.
- Measured over the past years, MANH shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.57% on average per year.
- MANH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.75%.
- MANH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.02% yearly.
EPS 1Y (TTM)7.19%
EPS 3Y22.47%
EPS 5Y23.57%
EPS Q2Q%3.42%
Revenue 1Y (TTM)3.75%
Revenue growth 3Y12.13%
Revenue growth 5Y13.02%
Sales Q2Q%5.7%
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 19.63% yearly.
- MANH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.48% yearly.
EPS Next Y4.92%
EPS Next 2Y8.89%
EPS Next 3Y10.37%
EPS Next 5Y19.63%
Revenue Next Year6.47%
Revenue Next 2Y7.63%
Revenue Next 3Y8.07%
Revenue Next 5Y9.48%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last 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
- With a Price/Earnings ratio of 27.70, MANH can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of MANH is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 27.97, MANH is valued at the same level.
- Based on the Price/Forward Earnings ratio of 26.40, the valuation of MANH can be described as expensive.
- MANH's Price/Forward Earnings ratio is in line with the industry average.
- MANH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 27.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.7 | ||
| Fwd PE | 26.4 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MANH is valued a bit cheaper than the industry average as 66.06% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, MANH is valued a bit cheaper than the industry average as 71.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.63 | ||
| EV/EBITDA | 27.52 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MANH does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of MANH may justify a higher PE ratio.
PEG (NY)5.63
PEG (5Y)1.18
EPS Next 2Y8.89%
EPS Next 3Y10.37%
5. Dividend
5.1 Amount
- MANH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
140.45
+3.01 (+2.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-27 2026-01-27/amc
Earnings (Next)04-20 2026-04-20
Inst Owners104.35%
Inst Owner Change-1.89%
Ins Owners1.2%
Ins Owner Change-0.49%
Market Cap8.46B
Revenue(TTM)1.08B
Net Income(TTM)219.95M
Analysts81.05
Price Target221.82 (57.94%)
Short Float %3.86%
Short Ratio3.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)9.54%
Min EPS beat(2)5.72%
Max EPS beat(2)13.36%
EPS beat(4)4
Avg EPS beat(4)11.67%
Min EPS beat(4)5.72%
Max EPS beat(4)13.93%
EPS beat(8)8
Avg EPS beat(8)14.56%
EPS beat(12)12
Avg EPS beat(12)18.24%
EPS beat(16)16
Avg EPS beat(16)21.82%
Revenue beat(2)0
Avg Revenue beat(2)-0.34%
Min Revenue beat(2)-0.51%
Max Revenue beat(2)-0.17%
Revenue beat(4)2
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-0.51%
Max Revenue beat(4)1.26%
Revenue beat(8)4
Avg Revenue beat(8)0.46%
Revenue beat(12)8
Avg Revenue beat(12)1.99%
Revenue beat(16)12
Avg Revenue beat(16)2.69%
PT rev (1m)-3.15%
PT rev (3m)-3.93%
EPS NQ rev (1m)-8.42%
EPS NQ rev (3m)-9.1%
EPS NY rev (1m)-2.44%
EPS NY rev (3m)-3.03%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-0.11%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.7 | ||
| Fwd PE | 26.4 | ||
| P/S | 7.83 | ||
| P/FCF | 22.63 | ||
| P/OCF | 21.73 | ||
| P/B | 26.89 | ||
| P/tB | 33.52 | ||
| EV/EBITDA | 27.52 |
EPS(TTM)5.07
EY3.61%
EPS(NY)5.32
Fwd EY3.79%
FCF(TTM)6.21
FCFY4.42%
OCF(TTM)6.46
OCFY4.6%
SpS17.95
BVpS5.22
TBVpS4.19
PEG (NY)5.63
PEG (5Y)1.18
Graham Number24.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.2% | ||
| ROE | 69.88% | ||
| ROCE | 73.73% | ||
| ROIC | 58.53% | ||
| ROICexc | 410.13% | ||
| ROICexgc | N/A | ||
| OM | 26.15% | ||
| PM (TTM) | 20.34% | ||
| GM | 56.32% | ||
| FCFM | 34.59% |
ROA(3y)27.08%
ROA(5y)24.87%
ROE(3y)68.78%
ROE(5y)61.46%
ROIC(3y)56.95%
ROIC(5y)51.03%
ROICexc(3y)364.11%
ROICexc(5y)380.76%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)71.74%
ROCE(5y)64.28%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-0.52%
ROICexc growth 5Y23.6%
OM growth 3Y9.51%
OM growth 5Y6.09%
PM growth 3Y6.54%
PM growth 5Y6.46%
GM growth 3Y1.86%
GM growth 5Y0.86%
F-Score7
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 244.69% | ||
| Cap/Sales | 1.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 134.74% | ||
| Profit Quality | 170.05% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 12.63 |
F-Score7
WACC11%
ROIC/WACC5.32
Cap/Depr(3y)154.87%
Cap/Depr(5y)122.75%
Cap/Sales(3y)0.92%
Cap/Sales(5y)0.85%
Profit Quality(3y)145.98%
Profit Quality(5y)147.21%
High Growth Momentum
Growth
EPS 1Y (TTM)7.19%
EPS 3Y22.47%
EPS 5Y23.57%
EPS Q2Q%3.42%
EPS Next Y4.92%
EPS Next 2Y8.89%
EPS Next 3Y10.37%
EPS Next 5Y19.63%
Revenue 1Y (TTM)3.75%
Revenue growth 3Y12.13%
Revenue growth 5Y13.02%
Sales Q2Q%5.7%
Revenue Next Year6.47%
Revenue Next 2Y7.63%
Revenue Next 3Y8.07%
Revenue Next 5Y9.48%
EBIT growth 1Y8.08%
EBIT growth 3Y22.8%
EBIT growth 5Y19.9%
EBIT Next Year9.29%
EBIT Next 3Y11.81%
EBIT Next 5Y13.03%
FCF growth 1Y30.62%
FCF growth 3Y29.3%
FCF growth 5Y22.03%
OCF growth 1Y32.02%
OCF growth 3Y29.44%
OCF growth 5Y22.55%
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 for MANH stock?
ChartMill assigns a valuation rating of 4 / 10 to MANHATTAN ASSOCIATES INC (MANH). This can be considered as Fairly Valued.
How profitable is MANHATTAN ASSOCIATES INC (MANH) stock?
MANHATTAN ASSOCIATES INC (MANH) has a profitability rating of 9 / 10.
How financially healthy is MANHATTAN ASSOCIATES INC?
The financial health rating of MANHATTAN ASSOCIATES INC (MANH) is 9 / 10.
What is the expected EPS growth for MANHATTAN ASSOCIATES INC (MANH) stock?
The Earnings per Share (EPS) of MANHATTAN ASSOCIATES INC (MANH) is expected to grow by 4.92% in the next year.