US · USD

MANH

Manhattan Associates Inc

$205.16-0.14% (-$0.29)
Day's range
$204.76 – $206.78
Day's volume
$6.7M
52-week range
$120.88 – $223.76

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MANH in numbers

Market cap
$12B
P/E
56.90
P/B
75.94
Dividend yield (12m)
0.00%

MANH trades at 56.90 times its earnings of the last 12 months.

MANH price history

10/06/202510/06/2026
Compare with

MANH risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+16.27%-8.02%+31.38%
Volatility (annualized)48.70%38.13%34.66%
Largest drawdown-24.56%-53.36%-53.36%
Positive months6/1218/3630/60

How much did investing in MANH return?

$1,000.00 invested on 11/01/2021 would be worth $1,313.78 today.

Value today in MANH
$1,313.78
Return over the period
+31.38%
Return per year
+5.69%
In the S&P 500
$1,715.53

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

MANH fundamentals

Valuation

  • P/E
    56.90
  • P/B
    75.94
  • EV/EBITDA
    42.71
  • EV/EBIT
    43.75
  • EV/Revenue
    10.65
  • P/EBIT
    43.75
  • P/S
    10.65
  • P/OCF
    28.90
  • P/FCF
    30.03
  • Earnings yield
    2.29%
  • PEG ratio
    —
  • Earnings per share
    $3.61
  • Book value per share
    $2.70

Debt

  • Net debt
    —
  • Net debt/EBITDA
    —
  • Net debt/Equity
    —
  • Debt/Equity
    —
  • Current ratio
    0.98
  • Quick ratio
    —
  • Cash ratio
    0.39

Efficiency

  • Gross margin
    55.81%
  • EBITDA margin
    24.92%
  • Operating margin
    24.33%
  • Net margin
    18.67%
  • Asset turnover
    1.61

Profitability

  • ROE
    133.48%
  • ROA
    30.09%
  • ROIC
    129.07%
  • Payout
    0.00%

Growth

  • Revenue CAGR (5 years)
    12.69%
  • Earnings CAGR (5 years)
    16.32%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is MANH's fair price?

Two classic value formulas, with today's numbers. The current price is $205.16.

Graham's fair price
$14.80
92.78% below the price

√(22.50 × $3.61 × $2.70)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
—
Does not apply to MANH: it paid no distributions in the last five years.

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

MANH's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E47.1675.6575.0858.8388.8976.9259.3026.31
P/B32.9555.2247.6433.4539.1830.6635.7418.72
EV/EBITDA36.2561.6661.4847.6169.0354.5641.0419.33
Earnings per share$3.68$3.57$2.87$2.06$1.75$1.37$1.34$1.61
Book value per share$5.26$4.89$4.52$3.63$3.97$3.43$2.23$2.26
ROE69.88%73.00%63.45%56.86%44.08%39.85%60.28%71.15%
ROIC68.39%71.57%62.32%54.91%44.16%39.95%60.20%69.92%
Gross margin56.32%54.82%53.63%53.30%55.12%53.97%53.89%56.92%
EBITDA margin26.46%25.70%23.22%20.78%21.43%20.98%20.05%25.48%
Net margin20.34%20.95%19.01%16.81%16.65%14.88%13.88%18.72%

MANH's financial statements

Line202520242023202220212020
Net revenue$1.1B$1B$928.7M$767.1M$663.6M$586.4M
Cost of revenue-$472.3M-$471M-$430.6M-$358.2M-$297.8M-$269.9M
Gross profit$609.1M$571.4M$498.1M$408.8M$365.8M$316.5M
EBITDA$286.1M$267.9M$215.6M$159.4M$142.2M$123M
EBIT$279.8M$261.6M$209.9M$152.7M$134.3M$114.1M
Financial result——————
Income before tax$285.9M$266.8M$213.7M$158.1M$134.1M$113.8M
Income tax-$65.9M-$48.5M-$37.1M-$29.2M-$23.6M-$26.5M
Net income$219.9M$218.4M$176.6M$129M$110.5M$87.2M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does MANH pay dividends?

MANH has no distributions on record.

About Manhattan Associates

Sector
Services

Questions about MANH

How much is MANH today?

MANH is at $205.16 (-0.14% on the day), last traded on 10/06/2026.

What are the P/E and P/B of MANH?

MANH trades at a P/E of 56.90 and a P/B of 75.94.

How much did MANH return in 12 months?

MANH returned 16.27% in 12 months, with annualized volatility of 48.70% and a largest drawdown of -24.56%.