MANHATTAN ASSOCIATES INC (MANH) Stock Fundamental Analysis
USA - NASDAQ:MANH - US5627501092 - Common Stock
192.88 USD
-1.8 (-0.92%)
MANH gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 285 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 valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make MANH a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year MANH was profitable.
In the past year MANH had a positive cash flow from operations.
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 Return On Assets of 28.10%. This is amongst the best in the industry. MANH outperforms 97.19% of its industry peers.
MANH has a better Return On Equity (69.86%) than 97.89% of its industry peers.
With an excellent Return On Invested Capital value of 60.21%, MANH belongs to the best of the industry, outperforming 99.30% of the companies in the same industry.
MANH had an Average Return On Invested Capital over the past 3 years of 55.23%. This is significantly above the industry average of 11.88%.
The last Return On Invested Capital (60.21%) 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 | 60.21% |
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 has a Profit Margin of 20.25%. This is amongst the best in the industry. MANH outperforms 84.91% of its industry peers.
MANH's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 25.28%, MANH belongs to the best of the industry, outperforming 89.82% of the companies in the same industry.
In the last couple of years the Operating Margin of MANH has grown nicely.
The Gross Margin of MANH (56.54%) is worse than 64.21% of its industry peers.
MANH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.28% | ||
| 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.
The number of shares outstanding for MANH has been reduced compared to 1 year ago.
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
An Altman-Z score of 18.73 indicates that MANH is not in any danger for bankruptcy at the moment.
MANH has a Altman-Z score of 18.73. This is amongst the best in the industry. MANH outperforms 93.68% 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 | 18.73 |
ROIC/WACC5.49
WACC10.97%
2.3 Liquidity
A Current Ratio of 1.31 indicates that MANH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.31, MANH is in line with its industry, outperforming 41.75% 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 42.81% 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%.
The Revenue has been growing by 11.02% on average over the past years. This is quite good.
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 17.76% yearly.
Based on estimates for the next years, MANH will show a quite strong growth in Revenue. The Revenue will grow by 8.08% on average per year.
EPS Next Y4.11%
EPS Next 2Y6.86%
EPS Next 3Y10.09%
EPS Next 5Y17.76%
Revenue Next Year3.49%
Revenue Next 2Y5.24%
Revenue Next 3Y6.6%
Revenue Next 5Y8.08%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
Based on the Price/Earnings ratio of 38.35, the valuation of MANH can be described as expensive.
Based on the Price/Earnings ratio, MANH is valued a bit cheaper than 61.75% of the companies in the same industry.
MANH's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.83.
A Price/Forward Earnings ratio of 35.71 indicates a quite expensive valuation of MANH.
The rest of the industry has a similar Price/Forward Earnings ratio as MANH.
The average S&P500 Price/Forward Earnings ratio is at 22.82. MANH is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.35 | ||
| Fwd PE | 35.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MANH is valued a bit cheaper than the industry average as 67.72% 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 69.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35 | ||
| EV/EBITDA | 41.68 |
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)9.32
PEG (5Y)1.73
EPS Next 2Y6.86%
EPS Next 3Y10.09%
5. Dividend
5.1 Amount
No dividends for MANH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:MANH (10/24/2025, 2:50:44 PM)
192.88
-1.8 (-0.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners103.5%
Inst Owner Change0.2%
Ins Owners1.24%
Ins Owner Change-2.58%
Market Cap11.66B
Revenue(TTM)1.07B
Net Income(TTM)216.01M
Analysts78.82
Price Target233.25 (20.93%)
Short Float %3%
Short Ratio3.06
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)13.12%
Min EPS beat(2)12.31%
Max EPS beat(2)13.93%
EPS beat(4)4
Avg EPS beat(4)12.05%
Min EPS beat(4)8.28%
Max EPS beat(4)13.93%
EPS beat(8)8
Avg EPS beat(8)16.95%
EPS beat(12)12
Avg EPS beat(12)22.67%
EPS beat(16)16
Avg EPS beat(16)22.79%
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%
PT rev (3m)11.97%
EPS NQ rev (1m)1.03%
EPS NQ rev (3m)2.09%
EPS NY rev (1m)0%
EPS NY rev (3m)4.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.35 | ||
| Fwd PE | 35.71 | ||
| P/S | 10.93 | ||
| P/FCF | 35 | ||
| P/OCF | 33.6 | ||
| P/B | 37.72 | ||
| P/tB | 47.23 | ||
| EV/EBITDA | 41.68 |
EPS(TTM)5.03
EY2.61%
EPS(NY)5.4
Fwd EY2.8%
FCF(TTM)5.51
FCFY2.86%
OCF(TTM)5.74
OCFY2.98%
SpS17.64
BVpS5.11
TBVpS4.08
PEG (NY)9.32
PEG (5Y)1.73
Graham Number24.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.1% | ||
| ROE | 69.86% | ||
| ROCE | 73.21% | ||
| ROIC | 60.21% | ||
| ROICexc | 211.53% | ||
| ROICexgc | 520.48% | ||
| OM | 25.28% | ||
| 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 | 125.71% | ||
| Profit Quality | 154.25% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 18.73 |
F-Score7
WACC10.97%
ROIC/WACC5.49
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 Y4.11%
EPS Next 2Y6.86%
EPS Next 3Y10.09%
EPS Next 5Y17.76%
Revenue 1Y (TTM)4.1%
Revenue growth 3Y16.24%
Revenue growth 5Y11.02%
Sales Q2Q%3.42%
Revenue Next Year3.49%
Revenue Next 2Y5.24%
Revenue Next 3Y6.6%
Revenue Next 5Y8.08%
EBIT growth 1Y3.83%
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 38.35 and the Price/Book (PB) ratio is 37.72.
Can you provide the financial health for MANH stock?
The financial health rating of MANHATTAN ASSOCIATES INC (MANH) is 9 / 10.