Manhattan Associates (FRA:MHT) Financial Strength: 6 (As of Jun. 2026) — 25% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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FRA:MHT Manhattan Associates Inc FRA:MHT
89 GF Score
Price €164.55
GF Value €208.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Manhattan Associates Financial Strength?

Manhattan Associates FRA:MHT -6.19% 89 Financial Strength is 6 as of Jun. 2026, which is 25% below its 10-year median of 8.00. GuruFocus rates FRA:MHT with a GF Score™ of 89/100 and a GF Value™ of €208.65 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Manhattan Associates has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Manhattan Associates's interest coverage with the available data. Manhattan Associates's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.05. As of today, Manhattan Associates's Altman Z-Score is 15.70.


Manhattan Associates  (FRA:MHT) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Manhattan Associates has the Financial Strength Rank of 6.


Manhattan Associates Financial Strength Related Terms


FRA:MHT vs BSY, DOCU, FROG: Financial Strength Comparison

For the Software - Application subindustry, Manhattan Associates's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Software Industry

For the Software industry and Technology sector, Manhattan Associates's Financial Strength distribution charts can be found below:

* The bar in red indicates where Manhattan Associates's Financial Strength falls into.


FRA:MHT
89GF Score
Manhattan Associates Inc FRA:MHT
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Manhattan Associates Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Manhattan Associates's Interest Expense for the months ended in Jun. 2026 was €0.0 Mil. Its Operating Income for the months ended in Jun. 2026 was €64.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €46.8 Mil.

Manhattan Associates's Interest Coverage for the quarter that ended in Jun. 2026 is

GuruFocus does not calculate Manhattan Associates's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Manhattan Associates Inc has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Manhattan Associates's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 46.77) / 1033.94
=0.05

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Manhattan Associates has a Z-score of 15.70, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 15.7 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 6 mean?
Manhattan Associates (FRA:MHT) has a Financial Strength of 6 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Manhattan Associates and its competitors. This is 25% below median its historical median of 8.00. Over the past decade, Manhattan Associates' Financial Strength has ranged from 6.00 to 10.00.
Is Manhattan Associates' Financial Strength too high?
Manhattan Associates' current Financial Strength of 6 is 25% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 10.00. Overall, Manhattan Associates has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' Financial Strength compare to BSY and DOCU?
Manhattan Associates' Financial Strength of 6 can be compared against companies in the Software industry. Historically, Manhattan Associates' own Financial Strength has ranged from 6.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Software company?
A good Financial Strength depends on the Software industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Manhattan Associates and its competitors. Manhattan Associates's current Financial Strength is 6, which is 25% below median its own 10-year median of 8.00. 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 (FRA:MHT) is currently considered Modestly Undervalued. The stock's GF Value™ is €208.65, compared to a current price of €164.55 — trading 21.1% below its estimated fair value. The current Financial Strength is 6, which is 25% below median its 10-year median of 8.00. Manhattan Associates' overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Manhattan Associates (FRA:MHT), the current Financial Strength is 6 as of Jun. 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 (FRA:MHT) Overvalued in 2026?

Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued. The current stock price of €164.55 is trading 21.1% below its estimated GF Value™ of €208.65. GuruFocus considers Manhattan Associates to be Modestly Undervalued.

Key valuation signals for FRA:MHT:

  • Financial Strength: 6 (25% below median its 10-year median of 8.00)
  • GF Value™: €208.65 vs. price of €164.55 (21.1% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the FRA:MHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manhattan Associates Business Description

Other Exchanges MANH:USAMHT:Germany
Address 2300 Windy Ridge Parkway0, Tenth Floor, Atlanta, GA, USA, 30339
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.
89GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€164.55
Price
€208.65
GF Value