Manhattan AssociatesSTU:MHT -1.38%83 ROE % is 76.44% as of Mar. 2026, which is 15% above its 10-year median of 66.33. 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 2,681 Software companies, Manhattan Associates ranks better than 97.46% on this metric.
The historical rank and industry rank for Manhattan Associates's ROE % or its related term are showing as below:
STU:MHT'
s ROE % Range Over the Past 10 Years
Min: 47.06 Med: 66.33 Max: 80.07
Current: 80.07
During the past 13 years, Manhattan Associates's highest ROE % was 80.07%. The lowest was 47.06%. And the median was 66.33%.
STU:MHT's ROE % is ranked better than 97.46% of 2681
companies
in the Software industry
Industry Median: 4.73
vs STU:MHT: 80.07
Manhattan Associates (STU:MHT) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Software Industry
For the Software industry and Technology sector, Manhattan Associates's ROE % distribution charts can be found below:
* The bar in red indicates where Manhattan Associates's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Manhattan Associates (STU:MHT) has a ROE % of 76.44% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Manhattan Associates and its competitors. This is 15% above median its historical median of 66.33. Over the past decade, Manhattan Associates' ROE % has ranged from 47.06 to 80.07. According to the industry distribution chart, Manhattan Associates ranks #68 out of 2681 companies in the Software industry, placing it in the top 2.5%.
Is Manhattan Associates' ROE % too high?
Manhattan Associates' current ROE % of 76.44% is 15% above median its 10-year median of 66.33. Over the past 10 years, this metric has ranged from a low of 47.06 to a high of 80.07. The Software industry median ROE % is 4.73. Manhattan Associates' value of 76.44% is 1516.1% above this industry median. Based on the distribution chart, Manhattan Associates ranks #68 out of 2681 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' ROE % compare to FROG and BSY?
According to the Software industry distribution chart, Manhattan Associates ranks #68 out of 2681 companies for ROE %. This places Manhattan Associates in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 4.73. Manhattan Associates' value of 76.44% is 1516.1% above this benchmark. Historically, Manhattan Associates' own ROE % has ranged from 47.06 to 80.07 over the past decade. While the company's 10-year median is 66.33 vs. the industry median of 4.73, 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 ROE % for a Software company?
The median ROE % among Software companies is 4.73, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manhattan Associates's current ROE % of 76.44% is 1516.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Manhattan Associates and its competitors. For the Software industry, the median ROE % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current ROE % is 76.44%, which is 15% above median its own 10-year median of 66.33. 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 ROE % is 76.44%, which is 15% above median its 10-year median of 66.33 and 1516.1% above the Software industry median of 4.73. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Manhattan Associates (STU:MHT), the current ROE % is 76.44% 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:
ROE %: 76.44% (15% above median its 10-year median of 66.33)
GF Value™: €227.51 vs. price of €110.95 (51.2% below fair value)
Industry Position: 1516.1% above the Software median (#68 of 2681)
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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