MANHManhattan Associates, Inc.

$205.07-5.8% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though modest expectations priced in.

1 good, 1 neutral, 1 without data
What the price assumes~+5% a yearderived · Jun 30, 2026

Priced for ~5% a year FCF growth. The price demands less than its three-year revenue growth of 10% a year, expectations look modest.

Vs its own P/E rangemid-range for this companyderived

In its normal range: P/E 58.9 vs a 58.4 median over 41 quarters (+1% vs median).

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)behind 89% of the market
FCF yieldmiddle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What MANH's price assumes

Manhattan Associates, Inc. trades at 58.9× earnings against 33.9× for the median Software - Application name, more expensive than its own group.

58.9

Trailing P/E · Software - Application median 33.9 · 1.74× the median: the market pays up for this one

Price / sales
6.70

Price / sales · as of 2026-Q2

Free cash flow yield
5.3%

Free cash flow yield · Software - Application median 6.9%

Growth the price implies
+4.9%

Growth the price implies · The price pays for +4.9% free cash flow growth a year for a decade; the business has delivered +28% a year over the last three.

Details›
Price / bookas of 2026-Q2
47.9
Technology median P/E459 names
37.7
Software - Application median P/E126 names
33.9
Free cash flow, trailing twelve months
$399M
Market capitalisation
$7.57B
3-year revenue growth
+9.9%
3-year free cash flow growth
+28%
What the market has paid for these earnings: 41 quarters of its own multiple × $3.48 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$123.38
Its own P/E history, median$203.23
Its own P/E history, upper quartile$263.04
52-week range$120.88 – $223.36
Today$205.07

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.