MANHManhattan Associates, Inc.

$238.26+23% 1Y

$238.26

$120.8852 weeks$242.29

Is the price fair?

Fair

Neither cheap nor expensive: growth expectations in line with delivery and in its normal P/E range.

2 neutral, 1 without data

What the price assumes~+13% a yearderived · Jun 30, 2026

Priced for ~13% a year FCF growth. Roughly in line with its three-year revenue growth of 10% a year.

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

In its normal range: P/E 68.5 vs a 58.4 median over 41 quarters (+17% 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)bottom 8% of the market

FCF yieldbehind 77% 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.

Manhattan Associates, Inc. trades at 68.5× earnings against 35.9× for the median Software - Application name, more expensive than its own group.

68.5

Trailing P/E · Software - Application median 35.9 · 1.91× the median: the market pays up for this one

Price / sales: 7.29
Price / sales · as of 2026-Q2
Free cash flow yield: 2.9%
Free cash flow yield · Software - Application median 5.3%
Growth the price implies: +13%
Growth the price implies · The price pays for +13% free cash flow growth a year for a decade; the business has delivered +28% a year over the last three.

Details›

What the market has paid for these earnings: 41 quarters of its own multiple × $3.48 of trailing earnings per share
Method	Per 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 – $242.29
Today	$238.26

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