Manhattan Associates Inc
XMUN:MHT

Watchlist Manager
Manhattan Associates Inc Logo
Manhattan Associates Inc
XMUN:MHT
Watchlist
Price: 123.6 EUR -1.45% Market Closed
Market Cap: €4.6B

EV/EBITDA

27.3
Current
54%
Cheaper
vs 3-y median of 58.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
27.3
=
Enterprise Value
€7.6B
/
EBITDA
$289.1m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
27.3
=
Enterprise Value
€7.6B
/
EBITDA
$289.1m

Valuation Scenarios

Manhattan Associates Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (58.9), the stock would be worth €266.46 (116% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-47%
Maximum Upside
+116%
Average Upside
38%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 27.3 €123.6
0%
3-Year Average 58.9 €266.46
+116%
5-Year Average 57.9 €262.29
+112%
Industry Average 19.4 €87.65
-29%
Country Average 14.4 €64.99
-47%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
€7.6B
/
Jan 2026
$289.1m
=
27.3
Current
€7.6B
/
Dec 2026
$414.3m
=
18.4
Forward
€7.6B
/
Dec 2027
$454m
=
16.8
Forward
€7.6B
/
Dec 2028
$505.6m
=
15.1
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Manhattan Associates Inc
XMUN:MHT
8.2B EUR 27.3 37.4
US
Ezenia! Inc
OTC:EZEN
567B USD -182 667.2 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
359.1B USD 244.1 220.5
DE
SAP SE
XETRA:SAP
178.7B EUR 15 24.4
US
Salesforce Inc
NYSE:CRM
183.1B USD 14.4 24.6
US
Applovin Corp
NASDAQ:APP
149.7B USD 34.6 44.9
US
Intuit Inc
NASDAQ:INTU
126.4B USD 20.4 29.1
US
Adobe Inc
NASDAQ:ADBE
103.9B USD 10.6 14.4
US
NCR Corp
LSE:0K45
88.2B USD 236.9 2 100.1
US
Synopsys Inc
NASDAQ:SNPS
80.5B USD 43 72.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
77.2B USD 40.1 69.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Manhattan Associates Inc
XMUN:MHT
Average EV/EBITDA: 68.6
27.3
20%
1.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
244.1
82%
3
DE
SAP SE
XETRA:SAP
15
15%
1
US
Salesforce Inc
NYSE:CRM
14.4
23%
0.6
US
Applovin Corp
NASDAQ:APP
34.6
36%
1
US
Intuit Inc
NASDAQ:INTU
20.4
27%
0.8
US
Adobe Inc
NASDAQ:ADBE
10.6
15%
0.7
US
N
NCR Corp
LSE:0K45
236.9
9%
26.3
US
Synopsys Inc
NASDAQ:SNPS
43
53%
0.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
40.1
24%
1.7
P/E Multiple
Earnings Growth PEG
US
Manhattan Associates Inc
XMUN:MHT
Average P/E: 263.8
37.4
22%
1.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
220.5
59%
3.7
DE
SAP SE
XETRA:SAP
24.4
16%
1.5
US
Salesforce Inc
NYSE:CRM
24.6
30%
0.8
US
Applovin Corp
NASDAQ:APP
44.9
38%
1.2
US
Intuit Inc
NASDAQ:INTU
29.1
30%
1
US
Adobe Inc
NASDAQ:ADBE
14.4
19%
0.8
US
N
NCR Corp
LSE:0K45
2 100.1
N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
72.8
44%
1.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
69.6
37%
1.9

Market Distribution

In line with most companies in the United States of America
Percentile
52nd
Based on 9 875 companies
52nd percentile
15.1
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Manhattan Associates Inc
Glance View

In the bustling heart of the supply chain universe stands Manhattan Associates Inc., a company that thrives on crafting innovative solutions. Founded in 1990, and headquartered in Atlanta, Georgia, Manhattan Associates blends the art and science of supply chain management, enabling businesses worldwide to optimize their logistics and operations. A key player in the software industry, the company designs advanced solutions that cover a comprehensive suite of services, including warehouse management, transportation management, and order management systems. By leveraging cloud-based technology and machine learning, it equips retailers, wholesalers, and manufacturers with the tools needed to grow their capabilities in an increasingly digital and interconnected marketplace. The cornerstone of Manhattan Associates' financial success lies in its ability to provide value-driven software-as-a-service (SaaS) offerings, which generate recurring revenue through subscription models. Clients span various sectors, from apparel and consumer electronics to pharmaceuticals and food service, illustrating the company's versatile approach to meeting diverse industry needs. In addition to subscription services, Manhattan Associates complements its revenue stream with an array of professional and technical services, ensuring seamless integration, support, and customization of its solutions to address each client's unique challenges and objectives. This dynamic approach has cemented Manhattan Associates as a leader in supply chain innovation, transforming logistics into a competitive advantage for its global clientele.

MHT Intrinsic Value
112.02 EUR
Overvaluation 9%
Intrinsic Value
Price
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett