# Manhattan Associates Inc. (MANH) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $213.77, market value $12.5 billion.

## Valuation
- **P/E (trailing): 61.4×** (5-yr avg 70.3×, 3-yr avg 67.2×). Manhattan Associates Inc. trades at 61.4× trailing earnings, close to its own five-year average of 70.3×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 34.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 13.59**. A PEG of 13.59 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 11.1×**. Each dollar of revenue is priced at 11.1×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 79.1×**. The shares trade at 79.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 3.2%** (5-yr avg 2.2%). Free cash flow equals 3.2% of the market value, above its five-year average of 2.2%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 1.6%**. The inverse of the P/E: 1.6% of the price is earned each year.

## Profitability
- **Operating margin: 24.3%**. 24.3% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 20.3%**. 20.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 69.9%**. A 69.9% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on assets: 25.0%**. Each dollar of assets produces 25.0% of profit.

## Growth
- **Revenue growth (1 yr): 3.7%** (3-yr 12.1%/yr, 5-yr 13.0%/yr). Revenue grew 3.7% over the last year, against 13.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 2.6%** (3-yr 21.0%/yr, 5-yr 21.5%/yr). Earnings per share rose 2.6%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 29.3%/yr**. Free cash flow has compounded at 29.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Current ratio: 1.28** (quick 1.28). Current assets cover the next year's liabilities 1.28 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Manhattan Associates Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Manhattan Associates Inc.; the consensus is buy, with an average price target of $213.90 (+0% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 1.9%** (YTD 23.3%, 3-mo 44.8%). The shares are up 1.9% over twelve months including dividends.
- **From 52-week high: -5.8%** (79.5% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): 0.45** (volatility 47%). Beta of 0.45 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MANH · Page: https://foliofundamentals.com/stocks/manh

Not investment advice.