NasdaqGS:MANT

Stock Analysis Report

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Executive Summary

ManTech International Corporation provides technology solutions and services for U.S.


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has ManTech International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MANT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.1%

MANT

2.4%

US IT

2.2%

US Market


1 Year Return

3.1%

MANT

22.7%

US IT

16.2%

US Market

Return vs Industry: MANT underperformed the US IT industry which returned 23.1% over the past year.

Return vs Market: MANT underperformed the US Market which returned 15.9% over the past year.


Shareholder returns

MANTIndustryMarket
7 Day4.1%2.4%2.2%
30 Day4.9%4.3%4.9%
90 Day-3.9%17.5%17.8%
1 Year4.7%3.1%23.9%22.7%18.7%16.2%
3 Year85.0%75.7%102.9%95.1%41.1%32.0%
5 Year168.4%142.8%148.7%128.7%74.5%55.7%

Price Volatility Vs. Market

How volatile is ManTech International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ManTech International undervalued compared to its fair value and its price relative to the market?

22.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MANT ($70.4) is trading above our estimate of fair value ($62.01)

Significantly Below Fair Value: MANT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MANT is good value based on its PE Ratio (22.2x) compared to the US IT industry average (30.6x).

PE vs Market: MANT is poor value based on its PE Ratio (22.2x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: MANT is poor value based on its PEG Ratio (5.3x)


Price to Book Ratio

PB vs Industry: MANT is good value based on its PB Ratio (1.9x) compared to the US IT industry average (3.6x).


Next Steps

Future Growth

How is ManTech International forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

4.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MANT's forecast earnings growth (4.2% per year) is above the savings rate (2.2%).

Earnings vs Market: MANT's earnings (4.2% per year) are forecast to grow slower than the US market (22.4% per year).

High Growth Earnings: MANT's earnings are forecast to grow, but not significantly.

Revenue vs Market: MANT's revenue (5.1% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: MANT's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MANT's Return on Equity is forecast to be low in 3 years time (9.2%).


Next Steps

Past Performance

How has ManTech International performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MANT has high quality earnings.

Growing Profit Margin: MANT's current net profit margins (5.2%) are higher than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: MANT's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: MANT's earnings growth over the past year (45.3%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: MANT earnings growth over the past year (45.3%) exceeded the IT industry 9.6%.


Return on Equity

High ROE: MANT's Return on Equity (8.3%) is considered low.


Next Steps

Financial Health

How is ManTech International's financial position?


Financial Position Analysis

Short Term Liabilities: MANT's short term assets ($523.5M) exceed its short term liabilities ($338.7M).

Long Term Liabilities: MANT's short term assets ($523.5M) exceed its long term liabilities ($303.0M).


Debt to Equity History and Analysis

Debt Level: MANT's debt to equity ratio (1.3%) is considered satisfactory.

Reducing Debt: MANT's debt to equity ratio has reduced from 4.4% to 1.3% over the past 5 years.

Debt Coverage: MANT's debt is well covered by operating cash flow (1013.2%).

Interest Coverage: MANT's interest payments on its debt are well covered by EBIT (73.5x coverage).


Balance Sheet


Next Steps

Dividend

What is ManTech International current dividend yield, its reliability and sustainability?

1.82%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: MANT's dividend (1.82%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: MANT's dividend (1.82%) is low compared to the top 25% of dividend payers in the US market (4.54%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, MANT has been paying a dividend for less than 10 years.

Growing Dividend: MANT's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.2%), MANT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MANT's dividends in 3 years are forecast to be well covered by earnings (41.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Kevin Phillips (58 yo)

2.58yrs

Tenure

US$3,836,041

Compensation

Mr. Kevin M. Phillips has been President at ManTech International Corporation since November 2, 2016 and served as its Chief Operating Officer. He is Chief Executive Officer of ManTech International Corp. ...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD3.84M) is below average for companies of similar size in the US market ($USD5.74M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
George Pedersen
Co-Founder & Executive Chairman41.58yrsUS$2.08m32.59%
$ 925.9m
Kevin Phillips
President2.58yrsUS$3.84m0.19%
$ 5.4m
Judith Bjornaas
Executive VP & CFO3.75yrsUS$2.31m0.029%
$ 815.2k
Matthew Tait
Chief Operating Officer0.083yrUS$2.78m0.0093%
$ 264.8k
Mike Uster
Chief Information Officer & Senior VP5yrsno datano data
Jeffrey Brown
Executive VP21.58yrsno datano data
Sheila Blackwell
Vice President of Enterprise Marketing & Communications0.58yrno datano data
Stephen Vather
Executive Director of Corporate Developmentno datano datano data
Jeffrey Brody
Chief Human Resources Officer3.08yrsno datano data
Michael Putnam
Senior Vice President of Corporate & Regulatory Affairsno datano datano data
Brian McHugh
Senior VP of External Affairs & Chief of Staff to the CEO1.17yrsno datano data
Bonnie Cook
Executive Vice President of Business Services0.58yrno data0.015%
$ 432.5k

2.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: MANT's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Pedersen
Co-Founder & Executive Chairman41.58yrsUS$2.08m32.59%
$ 925.9m
Kevin Phillips
President2.58yrsUS$3.84m0.19%
$ 5.4m
Barry Campbell
Presiding Independent Directorno dataUS$387.55k0.043%
$ 1.2m
Mary Bush
Independent Director13.83yrsUS$346.05k0.025%
$ 715.2k
Richard Armitage
Independent Director15.17yrsUS$347.05k0.0099%
$ 281.9k
Kenneth Minihan
Independent Director14.17yrsUS$324.30k0.047%
$ 1.3m
Richard Kerr
Independent Director18.58yrsUS$344.55k0.084%
$ 2.4m
Peter LaMontagne
Independent Director1.25yrsUS$275.22k0.020%
$ 563.5k

14.2yrs

Average Tenure

75yo

Average Age

Experienced Board: MANT's board of directors are seasoned and experienced ( 14.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MANT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ManTech International Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ManTech International Corporation
  • Ticker: MANT
  • Exchange: NasdaqGS
  • Founded: 1968
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$2.841b
  • Shares outstanding: 40.33m
  • Website: https://www.mantech.com

Number of Employees


Location

  • ManTech International Corporation
  • 2251 Corporate Park Drive
  • Herndon
  • Virginia
  • 20171
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MANTNasdaqGS (Nasdaq Global Select)YesClass A Common SharesUSUSDFeb 2002
MNMADB (Deutsche Boerse AG)YesClass A Common SharesDEEURFeb 2002

Biography

ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and servic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 00:32
End of Day Share Price2020/08/04 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.