Stock Analysis
Manhattan Associates IncMANH
P/E 61.62×· 5Y range 33.50–138.18×· 36th percentile of history
Sector: Technology · Industry: Services-Prepackaged Software
AnalystsStrong Buy19 analystsP/E 61.6× sits at the 36th percentile of its 5.0513347022587265-year history.
Cash covers 401% of debt · Q1 2024.
PMP Verdict
High quality, fairly valued
Strengths
- Growth90
- Quality90
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Altman Z 19.0 — safe-zone balance sheet
- ✓ROE 66.8% — efficient capital deployment
- ✓Revenue CAGR 13.0% — durable top-line growth
- ✓Interest coverage 35.0× — debt well covered
What's happening with MANH
Profile
Strong moat, growth and earnings quality; valuation lags behind.
How is each axis scored?
- Valuation47/100 · Weak
- P/E vs own history (36th pct)20/25
- FCF yield (3.1%)12/25
- P/S (11.5x)5/25
- EV/EBIT (n/a)10/25
- Growth90/100 · Strong
- Revenue CAGR (13.0%)20/25
- Net income CAGR (18.8%)20/25
- EPS CAGR 5Y (20.3%)25/25
- Fwd implied growth (77.1%)25/25
- Profitability65/100 · Moderate
- ROIC (n/a)0/25
- ROE (66.8%)25/25
- Net margin (18.7%)20/25
- Operating margin (24.3%)20/25
- Financial Health62/100 · Moderate
- Altman Z (18.99)25/25
- Current ratio (1.28)12/25
- Interest coverage (35.0x)25/25
- Net cash / debt (n/a)0/25
- Quality90/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-3.35)25/25
- FCF conversion (190%)25/25
- Margin stability (σ 4.3%)25/25
- Moat95/100 · Strong
- ROIC >12% years (8/8 yrs)25/25
- Median gross margin (54.4%)20/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 13.9%)25/25
Risk Flags
- ⚠SBC 10.1% of revenue — real dilution cost
About Manhattan Associates Inc
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Show more
Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide.
Headquarters: ATLANTA, GA · Employees: 4,100 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
47D+P/E (TTM)61.7xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 33.5x–138.2x · 36th pct
P/FCF32.7xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.1%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.0%–5.2% · 82nd pct
P/S (TTM)11.52xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 6.6x–23.2x · 39th pct
EV/EBITDA45.8xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 5Y history: 26.7x–47.7x · 97th pct
EV/Sales11.4xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E34.8xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio41.21xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio4.60D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
65BROIC—
NOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE66.8%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA27.6%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin18.7%A
Grade A: HighNet Income / Revenue
Operating Margin24.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin55.8%A
Grade A: PremiumGross Profit / Revenue
FCF Margin35.4%A
Grade A: HighFCF / Revenue
True FCF Margin25.3%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
90A+Revenue CAGR13.0%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR18.8%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)20.3%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth77.1%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-9.4%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income54.2%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue10.1%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
62BAltman Z-Score18.99A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.28xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.85xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage35.0xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
90A+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.35A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion189.9%A
Grade A: StrongFCF / Net Income
Margin Stability4.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue1.4%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.48xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Clark Eric Andrew Filed | Clark Eric Andrew | SellOpen market sale | -3000 | |
Hollembaek Linda T. Filed | Hollembaek Linda T. | SellOpen market sale | -1579 | |
Gantt James Stewart Filed | Gantt James Stewart | SellOpen market sale | -5139 | |
MORAN CHARLES E Filed | MORAN CHARLES E | Gift | -1330 | |
Clark Eric Andrew Filed | Clark Eric Andrew | SellOpen market sale | -1000 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
SHEER DANIELLE Filed | SHEER DANIELLE | Grant / award | +1.9K | |
Kuryea Kimberly A Filed | Kuryea Kimberly A | Grant / award | +1.9K | |
Hollembaek Linda T. Filed | Hollembaek Linda T. | Grant / award | +1.9K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
95A+ROIC >12% Years8/8 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)54.4%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor13.9%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$3.61
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.19
Cash & short-term investments per share (Finnhub)
Book Value / Share$2.70
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$328.75M
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$314.76M
Shareholders' equity (book value)
Asset / Liability1.60xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$12.97B
Current Market Capitalization
Beta0.88B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Manhattan Associates Inc (MANH)
MANH is down 1.99% in after-hours trading. Piotroski F-Score of 6/9 indicates mixed fundamentals for Manhattan Associates Inc. Altman Z-Score of 18.99 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -3.35 suggests a low likelihood of earnings manipulation.
- Manhattan Associates Inc converts about 35% of revenue into free cash flow — strong cash generation.
- Return on equity of 66.8% is well above the market average.
See how MANH ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all MANH moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 12 | Pre-market | 212.99 | +3.95% | 3.16 |
| Oct 12 | Regular | 218.78 | +6.78% | 5.26 |
| Oct 12 | After-hours | 230.00 | +12.26% | 9.18 |
| Oct 1 | Regular | 206.33 | +3.84% | 2.23 |
Frequently Asked Questions about MANH
What is the current Manhattan Associates Inc (MANH) stock price?
MANH is trading at $222.43 in after-hours trading, down 1.99% on the session. PreMarketPrice tracks MANH pre-market, intraday and after-hours prices.
Is MANH stock a buy right now?
PreMarketPrice's quantitative model rates Manhattan Associates Inc's financial health at 62/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is MANH stock overvalued?
Manhattan Associates Inc trades at a trailing P/E of 61.7 and our valuation score rates it 47/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Manhattan Associates Inc report earnings?
No confirmed earnings date is currently scheduled for MANH. The Earnings section lists recent reports and updates as dates are announced.
What sector does Manhattan Associates Inc operate in?
Manhattan Associates Inc operates in the Technology sector, within the Services-Prepackaged Software industry. The Related Stocks section lists sector peers for comparison.
What does Manhattan Associates Inc do?
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations.
About Manhattan Associates Inc (MANH) Stock
Manhattan Associates Inc (MANH) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry. As of the latest update, Manhattan Associates Inc is trading at $222.43, down 1.99% on the day with a market capitalization of $13.0 billion. The financial health score for MANH is 62/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for MANH stock.
MANH Stock Analysis & Key Metrics
On PreMarketPrice, you can track Manhattan Associates Inc (MANH) across multiple dimensions:
- Pre-market price & movement: Real-time MANH stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for MANH with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Manhattan Associates Inc across multiple reporting periods.
- Financial health score: A composite score of 62/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for MANH.
- Sector peers: Compare MANH against 6 other technology stocks on key financial metrics.
Is MANH a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Manhattan Associates Inc (MANH) as an investment. The financial health score of 62/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Manhattan Associates Inc (MANH) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.