Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations.
Flawless balance sheet and fair value.
Share Price & News
How has Manhattan Associates's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MANH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MANH underperformed the US Software industry which returned 11% over the past year.
Return vs Market: MANH exceeded the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Manhattan Associates's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Does Manhattan Associates's (NASDAQ:MANH) P/E Compare To Its Industry, After The Share Price Drop?
3 weeks ago | Simply Wall StHow Manhattan Associates, Inc. (NASDAQ:MANH) Can Impact Your Portfolio Volatility
1 month ago | Simply Wall StHow Many Manhattan Associates, Inc. (NASDAQ:MANH) Shares Have Insiders Sold, In The Last Year?
Is Manhattan Associates undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MANH ($52.99) is trading below our estimate of fair value ($67.16)
Significantly Below Fair Value: MANH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MANH is good value based on its PE Ratio (39.8x) compared to the Software industry average (40x).
PE vs Market: MANH is poor value based on its PE Ratio (39.8x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: MANH is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: MANH is overvalued based on its PB Ratio (23.6x) compared to the US Software industry average (4.3x).
How is Manhattan Associates forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MANH's forecast earnings growth (9.5% per year) is above the savings rate (1.7%).
Earnings vs Market: MANH's earnings (9.5% per year) are forecast to grow slower than the US market (12.2% per year).
High Growth Earnings: MANH's earnings are forecast to grow, but not significantly.
Revenue vs Market: MANH's revenue (6.8% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: MANH's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MANH's Return on Equity is forecast to be high in 3 years time
How has Manhattan Associates performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MANH has high quality earnings.
Growing Profit Margin: MANH's current net profit margins (13.9%) are lower than last year (18.7%).
Past Earnings Growth Analysis
Earnings Trend: MANH's earnings have grown by 0.5% per year over the past 5 years.
Accelerating Growth: MANH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MANH had negative earnings growth (-18.1%) over the past year, making it difficult to compare to the Software industry average (18.7%).
Return on Equity
High ROE: MANH's Return on Equity (60.3%) is considered outstanding.
How is Manhattan Associates's financial position?
Financial Position Analysis
Short Term Liabilities: MANH's short term assets ($232.0M) exceed its short term liabilities ($181.6M).
Long Term Liabilities: MANH's short term assets ($232.0M) exceed its long term liabilities ($48.4M).
Debt to Equity History and Analysis
Debt Level: MANH is debt free.
Reducing Debt: MANH has not had any debt for past 5 years.
Debt Coverage: MANH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MANH has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: MANH has a low level of unsold assets or inventory.
Debt Coverage by Assets: MANH's debt is covered by short term assets (assets are 3.2656867535459E+16x debt).
What is Manhattan Associates's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MANH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MANH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MANH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MANH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MANH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eddie Capel (58yo)
Mr. Eddie Capel has been the Chief Executive Officer of Manhattan Associates, Inc. since January 01, 2013. Mr. Capel has been the President and a Director of Manhattan Associates, Inc. since July 24, 2012. ...
CEO Compensation Analysis
Compensation vs Market: Eddie's total compensation ($USD4.49M) is about average for companies of similar size in the US market ($USD5.48M).
Compensation vs Earnings: Eddie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Founder & Independent Director||22.17yrs||US$227.10k||0.056% $1.8m|
|Executive VP||3.75yrs||US$2.34m||0.22% $6.9m|
|Senior VP||4.25yrs||US$511.97k||0.025% $804.0k|
|Senior VP||8.67yrs||US$1.12m||0.018% $575.4k|
|Senior Vice President of Americas Sales||8.25yrs||US$1.94m||0.12% $3.8m|
|Senior VP & CTO||3.92yrs||no data||no data|
|Senior Director of Investor Relations||no data||no data||no data|
|Senior VP & Chief Human Resources Officer||1.83yrs||no data||no data|
|Managing Director of Australia & New Zealand||9.25yrs||no data||no data|
Experienced Management: MANH's management team is seasoned and experienced (5.7 years average tenure).
|Founder & Independent Director||22.17yrs||US$227.10k||0.056% $1.8m|
|Independent Chairman||16.92yrs||US$349.60k||0.099% $3.1m|
|Independent Director||21.25yrs||US$247.10k||0.21% $6.8m|
|Independent Director||2.92yrs||US$222.10k||0.012% $369.1k|
|Independent Director||4.5yrs||US$224.60k||0.015% $465.3k|
|Independent Director||1.92yrs||US$198.28k||0.0060% $190.5k|
Experienced Board: MANH's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Manhattan Associates, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Manhattan Associates, Inc.
- Ticker: MANH
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Application Software
- Sector: Software
- Market Cap: US$3.165b
- Shares outstanding: 63.53m
- Website: https://www.manh.com
Number of Employees
- Manhattan Associates, Inc.
- 2300 Windy Ridge Parkway
- Tenth Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MANH||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Apr 1998|
|MHT||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 1998|
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions. It also provides inventory optimization and planning solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, the company resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. It offers products through direct sales personnel, as well as through partnership agreements with various organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1990 and is headquartered in Atlanta, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 10:56|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.