Manhattan AssociatesSTU:MHT -1.38%83 Net Margin % is 17.47% as of Mar. 2026, which is 7% below its 10-year median of 18.87. GuruFocus rates STU:MHT with a GF Score™ of 83/100 and a GF Value™ of €227.51 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,825 Software companies, Manhattan Associates ranks better than 89.81% on this metric.
The historical rank and industry rank for Manhattan Associates's Net Margin % or its related term are showing as below:
STU:MHT'
s Net Margin % Range Over the Past 10 Years
Min: 13.88 Med: 18.87 Max: 20.95
Current: 19.68
STU:MHT's Net Margin % is ranked better than 89.81% of 2825
companies
in the Software industry
Industry Median: 2.54
vs STU:MHT: 19.68
Manhattan Associates (STU:MHT) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Manhattan Associates Net Margin % Related Terms
Manhattan Associates Net Margin % Historical Data
* Premium members only.
The historical data trend for Manhattan Associates's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:MHT vs FROG, BSY, DOCU: Net Margin % Comparison
For the Software - Application subindustry, Manhattan Associates's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manhattan Associates Net Margin % vs Software Industry
For the Software industry and Technology sector, Manhattan Associates's Net Margin % distribution charts can be found below:
* The bar in red indicates where Manhattan Associates's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Manhattan Associates (STU:MHT) has a Net Margin % of 17.47% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Manhattan Associates and its competitors. This is near median its historical median of 18.87. Over the past decade, Manhattan Associates' Net Margin % has ranged from 13.88 to 20.95. According to the industry distribution chart, Manhattan Associates ranks #288 out of 2825 companies in the Software industry, placing it in the top 10.2%.
Is Manhattan Associates' Net Margin % too high?
Manhattan Associates' current Net Margin % of 17.47% is near median its 10-year median of 18.87. Over the past 10 years, this metric has ranged from a low of 13.88 to a high of 20.95. The Software industry median Net Margin % is 2.54. Manhattan Associates' value of 17.47% is 587.8% above this industry median. Based on the distribution chart, Manhattan Associates ranks #288 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Manhattan Associates has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' Net Margin % compare to FROG and BSY?
According to the Software industry distribution chart, Manhattan Associates ranks #288 out of 2825 companies for Net Margin %. This places Manhattan Associates in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Manhattan Associates' value of 17.47% is 587.8% above this benchmark. Historically, Manhattan Associates' own Net Margin % has ranged from 13.88 to 20.95 over the past decade. While the company's 10-year median is 18.87 vs. the industry median of 2.54, Manhattan Associates has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manhattan Associates's current Net Margin % of 17.47% is 587.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Manhattan Associates and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current Net Margin % is 17.47%, which is near median its own 10-year median of 18.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manhattan Associates stock overvalued right now?
Based on GuruFocus' analysis, Manhattan Associates (STU:MHT) is currently considered Significantly Undervalued. The stock's GF Value™ is €227.51, compared to a current price of €110.95 — trading 51.2% below its estimated fair value. The current Net Margin % is 17.47%, which is near median its 10-year median of 18.87 and 587.8% above the Software industry median of 2.54. Manhattan Associates' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Manhattan Associates (STU:MHT), the current Net Margin % is 17.47% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Manhattan Associates (STU:MHT) Overvalued in 2026?
Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued.
The current stock price of €110.95 is trading 51.2% below its estimated GF Value™ of €227.51.
GuruFocus considers Manhattan Associates to be Significantly Undervalued.
Key valuation signals for STU:MHT:
Net Margin %: 17.47% (near median its 10-year median of 18.87)
GF Value™: €227.51 vs. price of €110.95 (51.2% below fair value)
Industry Position: 587.8% above the Software median (#288 of 2825)
No single metric tells the full story. See the STU:MHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide.
83GF Score
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