# Manhattan Associates Inc. (MANH) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Software. Price $255.14, market value $14.8 billion.

## Valuation
- **P/E (trailing): 71.5×** (5-yr avg 70.3×, 3-yr avg 67.2×). Manhattan Associates Inc. trades at 71.5× 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 41.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 16.11**. A PEG of 16.11 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 12.8×**. Each dollar of revenue is priced at 12.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 73.8×**. The shares trade at 73.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 2.6%** (5-yr avg 2.2%). Free cash flow equals 2.6% of the market value, in line with its five-year average of 2.2%.
- **Earnings yield: 1.4%**. The inverse of the P/E: 1.4% of the price is earned each year.

## Profitability
- **Operating margin: 24.1%**. 24.1% 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: 25.4%**. Each dollar of assets produces 25.4% 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 $271.40 (+6% 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): 39.1%** (YTD 46.1%, 3-mo 35.2%). The shares are up 39.1% over twelve months including dividends.
- **From 52-week high: -1.8%** (114.3% above the low). Trading within 5% of 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): 75**. An RSI of 75 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.31** (volatility 47%). Beta of 0.31 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.