Manhattan AssociatesSTU:MHT -1.38%83 ROA % is 25.13% as of Mar. 2026, which is 10% below its 10-year median of 27.98. 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 2,883 Software companies, Manhattan Associates ranks better than 97.71% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Manhattan Associates's annualizedNet Income for the quarter that ended in Mar. 2026 was €170.6 Mil.
Manhattan Associates's average Total Assets over the quarter that ended in Mar. 2026 was €678.7 Mil. Therefore, Manhattan Associates's annualized ROA % for the quarter that ended in Mar. 2026 was 25.13%.
The historical rank and industry rank for Manhattan Associates's ROA % or its related term are showing as below:
STU:MHT'
s ROA % Range Over the Past 10 Years
Min: 20.83 Med: 27.98 Max: 39.48
Current: 28.5
During the past 13 years, Manhattan Associates's highest ROA % was 39.48%. The lowest was 20.83%. And the median was 27.98%.
STU:MHT's ROA % is ranked better than 97.71% of 2883
companies
in the Software industry
Industry Median: 1.68
vs STU:MHT: 28.50
Manhattan Associates (STU:MHT) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Software - Application subindustry, Manhattan Associates's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Software Industry
For the Software industry and Technology sector, Manhattan Associates's ROA % distribution charts can be found below:
* The bar in red indicates where Manhattan Associates's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Manhattan Associates (STU:MHT) has a ROA % of 25.13% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Manhattan Associates and its competitors. This is 10% below median its historical median of 27.98. Over the past decade, Manhattan Associates' ROA % has ranged from 20.83 to 39.48. According to the industry distribution chart, Manhattan Associates ranks #66 out of 2883 companies in the Software industry, placing it in the top 2.3%.
Is Manhattan Associates' ROA % too high?
Manhattan Associates' current ROA % of 25.13% is 10% below median its 10-year median of 27.98. Over the past 10 years, this metric has ranged from a low of 20.83 to a high of 39.48. The Software industry median ROA % is 1.68. Manhattan Associates' value of 25.13% is 1395.8% above this industry median. Based on the distribution chart, Manhattan Associates ranks #66 out of 2883 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' ROA % compare to FROG and BSY?
According to the Software industry distribution chart, Manhattan Associates ranks #66 out of 2883 companies for ROA %. This places Manhattan Associates in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Manhattan Associates' value of 25.13% is 1395.8% above this benchmark. Historically, Manhattan Associates' own ROA % has ranged from 20.83 to 39.48 over the past decade. While the company's 10-year median is 27.98 vs. the industry median of 1.68, 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 ROA % for a Software company?
The median ROA % among Software companies is 1.68, based on 2,883 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manhattan Associates's current ROA % of 25.13% is 1395.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Manhattan Associates and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current ROA % is 25.13%, which is 10% below median its own 10-year median of 27.98. 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 ROA % is 25.13%, which is 10% below median its 10-year median of 27.98 and 1395.8% above the Software industry median of 1.68. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Manhattan Associates (STU:MHT), the current ROA % is 25.13% 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:
ROA %: 25.13% (10% below median its 10-year median of 27.98)
GF Value™: €227.51 vs. price of €110.95 (51.2% below fair value)
Industry Position: 1395.8% above the Software median (#66 of 2883)
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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