Manhattan Associates, Inc. ranks slightly below the peer group median, with a split structural profile: strong profitability, but weak growth and stability. Trend conditions have deteriorated, without yet reaching an extreme downside state.
Peer-relative scores, weakest to strongest
Manhattan Associates develops software for supply chain management and omnichannel commerce. The company focuses on cloud-based and AI-driven solutions for process optimization.
MANH is priced as an AI-cloud story with an execution premium. The market’s tight linkage between valuation and AI or cloud momentum means that each quarter becomes a momentum test—so even a small growth hiccup can trigger sharp valuation reactions, especially with 1Y volatility at 41.5%, unusually high for a quality software name. MANH’s focus on AI-driven process optimization and cloud revenue differentiates it, and the market directly ties the stock’s premium to visible innovation progress each quarter. With an operating margin of 27.8%, the business delivers on efficiency, but the market prices every quarterly update as a referendum on AI and cloud momentum: a single missed AI or cloud growth quarter is enough for a sharp rerating.
Break down MANH's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.