{"id":100787,"date":"2026-01-15T03:06:30","date_gmt":"2026-01-15T03:06:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/100787\/"},"modified":"2026-01-15T03:06:30","modified_gmt":"2026-01-15T03:06:30","slug":"is-manhattan-associates-manh-pricing-look-interesting-after-a-36-8-one-year-share-price-fall","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/100787\/","title":{"rendered":"Is Manhattan Associates (MANH) Pricing Look Interesting After A 36.8% One-Year Share Price Fall"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">If you have been wondering whether Manhattan Associates at around US$173.48 is priced attractively or asking too much, you are not alone.<\/p>\n<p class=\"yf-vbsvxt\">The stock has returned 0.2% over the last week and 2.1% over the past month, with a 3.7% return year to date but a 36.8% decline over the last year, alongside 41.7% and 46.8% returns over the last 3 and 5 years respectively.<\/p>\n<p class=\"yf-vbsvxt\">Recent coverage has focused on how Manhattan Associates fits into long term themes in supply chain and warehouse management software. This helps frame those mixed return figures. This broader conversation around the company and its sector gives important context before you weigh up what the current share price might imply.<\/p>\n<p class=\"yf-vbsvxt\">Right now, Manhattan Associates scores <a href=\"https:\/\/finance.yahoo.com\/quote\/MANH\" data-ylk=\"slk:3 out of 6;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">3 out of 6<\/a> on our valuation checks. Next we will walk through what different valuation approaches say about that number before finishing with a simple way to bring them all together.<\/p>\n<p class=\"yf-vbsvxt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/932912c6-0960-4475-b00a-aa3676dad717?utm_medium=finance_user&amp;utm_campaign=cta_industry_underperformer&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Find out why Manhattan Associates&#039;s -36.8% return over the last year is lagging behind its peers.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Find out why Manhattan Associates&#8217;s -36.8% return over the last year is lagging behind its peers.<\/a><\/p>\n<p class=\"yf-vbsvxt\">A Discounted Cash Flow model takes estimates of a company\u2019s future cash flows and discounts them back to today using a required rate of return. The idea is to work out what those future dollars are worth in today\u2019s terms.<\/p>\n<p class=\"yf-vbsvxt\">For Manhattan Associates, the latest twelve month Free Cash Flow is about $337.6 million. Using a 2 Stage Free Cash Flow to Equity model, analysts provide specific estimates out to 2030, with projected Free Cash Flow of $791.0 million in that year. Beyond the explicit analyst period, Simply Wall St extrapolates additional annual cash flow figures using its own growth assumptions.<\/p>\n<p class=\"yf-vbsvxt\">When all of these projected cash flows are discounted back to today and aggregated, the model arrives at an estimated intrinsic value of $250.84 per share. Against a current share price of about $173.48, the DCF output suggests the stock trades at a 30.8% discount, indicating a gap between the model value and the market price.<\/p>\n<p class=\"yf-vbsvxt\">Result: UNDERVALUED<\/p>\n<p class=\"yf-vbsvxt\">Our Discounted Cash Flow (DCF) analysis suggests Manhattan Associates is undervalued by 30.8%. Track this in your <a href=\"https:\/\/simplywall.st\/features\/stock-watchlist?utm_medium=finance_user&amp;utm_campaign=cta_dcf_undervalued&amp;utm_source=yahoo&amp;blueprint=4344517\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:watchlist;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">watchlist<\/a> or <a href=\"https:\/\/simplywall.st\/portfolio\/demo?utm_medium=finance_user&amp;utm_campaign=cta_dcf_undervalued&amp;utm_source=yahoo&amp;blueprint=4344517\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:portfolio;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">portfolio<\/a>, or discover <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/168\/undervalued-stocks-based-on-cash-flows?utm_medium=finance_user&amp;utm_campaign=cta_dcf_undervalued&amp;utm_source=yahoo&amp;blueprint=4344517\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:883 more undervalued stocks based on cash flows;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">883 more undervalued stocks based on cash flows<\/a>.<\/p>\n<p>    <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/932912c6-0960-4475-b00a-aa3676dad717\/valuation?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"MANH Discounted Cash Flow as at Jan 2026\" loading=\"eager\" height=\"428\" width=\"960\" class=\"yf-lglytj loader\"\/><\/a> MANH Discounted Cash Flow as at Jan 2026      <\/p>\n<p class=\"yf-vbsvxt\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/932912c6-0960-4475-b00a-aa3676dad717\/valuation?utm_medium=finance_user&amp;utm_campaign=dcf_explainer_cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Manhattan Associates.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Manhattan Associates.<\/a><\/p>\n<p class=\"yf-vbsvxt\">For profitable companies, the P\/E ratio is a useful way to connect what you pay for each share with the earnings that support that price. It helps you see how many dollars the market is willing to pay today for one dollar of current earnings.<\/p>\n<p>    Story Continues  <\/p>\n<p class=\"yf-vbsvxt\">What counts as a \u201cnormal\u201d or \u201cfair\u201d P\/E depends on what investors expect for growth and how much risk they see. Higher expected growth or lower perceived risk can support a higher P\/E, while slower growth or higher risk usually points to a lower one.<\/p>\n<p class=\"yf-vbsvxt\">Manhattan Associates currently trades on a P\/E of 48.39x. That sits above the Software industry average P\/E of about 32.91x and the peer average of 29.98x. Simply Wall St\u2019s Fair Ratio for Manhattan Associates is 31.33x, which is its proprietary estimate of an appropriate P\/E after weighing factors such as earnings growth, profit margins, risks, industry and company size. Because it is tailored to the company\u2019s own profile, the Fair Ratio can give you a more specific reference point than broad industry or peer comparisons.<\/p>\n<p class=\"yf-vbsvxt\">Comparing 48.39x with the Fair Ratio of 31.33x points to the shares trading above that tailored benchmark.<\/p>\n<p class=\"yf-vbsvxt\">Result: OVERVALUED<\/p>\n<p>  <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/932912c6-0960-4475-b00a-aa3676dad717\/valuation?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"NasdaqGS:MANH P\/E Ratio as at Jan 2026\" loading=\"lazy\" height=\"380\" width=\"960\" class=\"yf-lglytj loader\"\/><\/a> NasdaqGS:MANH P\/E Ratio as at Jan 2026    <\/p>\n<p class=\"yf-vbsvxt\">P\/E ratios tell one story, but what if the real opportunity lies elsewhere? <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/10228\/fast-growing-stocks-with-high-insider-ownership\/global?utm_medium=finance_user&amp;utm_campaign=cta_preferred_multiple_contextual&amp;utm_source=yahoo&amp;blueprint=4344517\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Discover 1441 companies where insiders are betting big on explosive growth;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Discover 1441 companies where insiders are betting big on explosive growth<\/a>.<\/p>\n<p class=\"yf-vbsvxt\">Earlier we mentioned that there is an even better way to think about valuation, so let us introduce you to Narratives, which simply means writing the story you believe about Manhattan Associates, then linking that story to a forecast and finally to a fair value estimate.<\/p>\n<p class=\"yf-vbsvxt\">On Simply Wall St, Narratives live in the Community page and let you set your own assumptions for revenue, earnings and margins. The platform then turns these into projected cash flows and a fair value that you can easily compare with today\u2019s share price to decide whether Manhattan Associates looks attractive or stretched for you personally.<\/p>\n<p class=\"yf-vbsvxt\">Because Narratives on the platform are updated when new information such as earnings releases or news appears, your fair value view on Manhattan Associates can adjust as the facts change instead of staying fixed to an outdated model.<\/p>\n<p class=\"yf-vbsvxt\">For example, one investor might create a Manhattan Associates Narrative with a relatively high fair value and long term assumptions, while another might publish a much lower fair value based on more cautious expectations. You can see both side by side before making your own call.<\/p>\n<p class=\"yf-vbsvxt\">Do you think there&#8217;s more to the story for Manhattan Associates? <a href=\"https:\/\/simplywall.st\/community\/narratives?utm_medium=finance_user&amp;utm_campaign=cta_create_narrative_community&amp;utm_source=yahoo&amp;blueprint=4344517\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Head over to our Community to see what others are saying!;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Head over to our Community to see what others are saying!<\/a><\/p>\n<p>  <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/932912c6-0960-4475-b00a-aa3676dad717?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"NasdaqGS:MANH 1-Year Stock Price Chart\" loading=\"lazy\" height=\"664\" width=\"960\" class=\"yf-lglytj loader\"\/><\/a> NasdaqGS:MANH 1-Year Stock Price Chart    <\/p>\n<p class=\"yf-vbsvxt\"> This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/p>\n<p class=\"yf-vbsvxt\">Companies discussed in this article include <a href=\"https:\/\/finance.yahoo.com\/quote\/MANH\" data-ylk=\"slk:MANH;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">MANH<\/a>.<\/p>\n<p class=\"yf-vbsvxt\">Have feedback on this article? Concerned about the content? <a href=\"https:\/\/feedback.simplywall.st\/article\/NDM0NDUxNzo0MGNhOTE4MjZkM2EwMzVl\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Get in touch;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Get in touch<\/a> with us directly. Alternatively, email <a href=\"https:\/\/finance.yahoo.com\/news\/mailto:editorial-team@simplywallst.com?subject=Re%3A%20Your%20article%20on%20NasdaqGS%3AMANH%20(yahoo)%20from%2015th%20January%202026\" data-ylk=\"slk:editorial-team@simplywallst.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"If you have been wondering whether Manhattan Associates at around US$173.48 is priced attractively or asking too much,&hellip;\n","protected":false},"author":2,"featured_media":100788,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[30625,7750,75,1972,84,83,9,24,63,27258],"class_list":["post-100787","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-dcf","tag-free-cash-flow","tag-manhattan","tag-manhattan-associates","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc","tag-share-price"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/100787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=100787"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/100787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/100788"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=100787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=100787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=100787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}