Why is Manhattan Associates, Inc. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 68.50%
- Company has a low Debt to Equity ratio (avg) at times
2
Positive results in Dec 25
- OPERATING CASH FLOW(Y) Highest at USD 389.47 MM
- RAW MATERIAL COST(Y) Fallen by 1.44% (YoY)
- CASH AND EQV(HY) Highest at USD 592.3 MM
3
With ROE of 70.64%, it has a fair valuation with a 26.85 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -25.44%, its profits have risen by 1.8% ; the PEG ratio of the company is 11.9
4
High Institutional Holdings at 100%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
How much should you buy?
- Overall Portfolio exposure to Manhattan Associates, Inc. should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Manhattan Associates, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Manhattan Associates, Inc.
-26.66%
-1.00
39.91%
S&P 500
13.68%
0.71
19.28%
Quality key factors
Factor
Value
Sales Growth (5y)
13.02%
EBIT Growth (5y)
19.91%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.84
Sales to Capital Employed (avg)
3.77
Tax Ratio
20.37%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
1,423.72%
ROE (avg)
68.50%
Valuation Key Factors 
Factor
Value
P/E Ratio
38
Industry P/E
Price to Book Value
26.85
EV to EBIT
28.75
EV to EBITDA
28.12
EV to Capital Employed
-893.33
EV to Sales
7.52
PEG Ratio
11.87
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
70.64%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
5What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 389.47 MM
RAW MATERIAL COST(Y)
Fallen by 1.44% (YoY
CASH AND EQV(HY)
Highest at USD 592.3 MM
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.01 times
Here's what is working for Manhattan Associates, Inc.
Operating Cash Flow
Highest at USD 389.47 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Cash and Eqv
Highest at USD 592.3 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by 1.44% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Manhattan Associates, Inc.
Debtors Turnover Ratio
Lowest at 5.01 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






