Manhattan Associates vs SPS Commerce
MANH and SPSC side by side, both in computer programming, data processing, and other computer related services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How MANH and SPSC compare
Manhattan Associates is the larger company, worth 4.8 times as much as SPS Commerce ($14.5B against $3.0B).
On earnings, SPS Commerce is cheaper: it trades at 36.9× trailing earnings, against 69.6× for Manhattan Associates.
Manhattan Associates grew revenue faster over the last twelve months (8.4% versus 6.9% for SPS Commerce).
Manhattan Associates keeps more of each dollar of sales as profit, with a net margin of 18.4% compared with 10.7% at SPS Commerce.
SPS Commerce scores higher on the StockData Score (17 against 16 for Manhattan Associates), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | MANH | SPSC |
|---|---|---|
| Size and price | ||
| Market cap | $14.5B | $3.0B |
| Share price | $248.39 | $82.99 |
| Change, 1 year | 39.3% | −21.1% |
| Change, 5 years | 37.9% | −43.8% |
| Beta (5Y) | 1.24 | 1.16 |
| Employees | 4,370 | 2,783 |
| StockData Score | ||
| Total score | 16 | 17 (better) |
| Valuation score | 2 | 5 (better) |
| Growth score | 3 | 3 |
| Performance score | 5 (better) | 3 |
| Health score | 6 | 6 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 69.6× | 36.9× (better) |
| P/S | 12.5× | 3.8× (better) |
| P/B | 72.1× | 3.2× (better) |
| EV/EBITDA | 50.0× | 21.3× (better) |
| P/FCF | 38.2× | 14.7× (better) |
| PEG | 3.31 | 2.03 (better) |
| FCF yield | 2.6% | 6.8% (better) |
| Fair value | $155.92 | $113.67 |
| Margin of safety | −59.3% | 27.0% (better) |
| Growth | ||
| Revenue growth (TTM) | 8.4% (better) | 6.9% |
| Revenue growth, 5Y average | 13.0% | 19.2% (better) |
| Net income growth (TTM) | −1.4% (better) | −2.3% |
| EPS growth (TTM) | 1.7% (better) | 0.90% |
| EPS growth, 5Y average | 21.5% (better) | 14.3% |
| Profitability | ||
| Gross margin | 55.9% | 70.2% (better) |
| Operating margin | 24.1% (better) | 13.8% |
| Net margin | 18.4% (better) | 10.7% |
| FCF margin | 32.8% (better) | 26.0% |
| Return on equity | 83.5% (better) | 8.8% |
| Return on invested capital | 880% (better) | 10.0% |
| Financial health | ||
| Debt / equity | 0.00 | 0.00 |
| Current ratio | 1.07 | 2.25 (better) |
| Altman Z-score | 19.06 (better) | 10.79 |
| Piotroski F-score | 7 (better) | 6 |
| Dividends and buybacks | ||
| Buyback yield | 3.0% | 5.8% (better) |
| Shareholder yield | 3.0% | 5.8% (better) |
| Ownership | ||
| Held by institutions | 110% | 109% |
| Held by insiders | 1.4% | 2.1% |
| Insider net buying, 12 months | −$3.3M | −$1.7M (better) |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 5.6% | 8.0% |
Go deeper
- MANH stock overview
- MANH income statement
- MANH valuation and score
- SPSC stock overview
- SPSC income statement
- SPSC valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.