APP vs. MANH: AppLovin vs. Manhattan Associates Stock Comparison

Company Profile

AppLovin (APP) and Manhattan Associates (MANH) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Manhattan Associates (MANH) has more than two decades of public-market history since April 23, 1998, whereas AppLovin (APP) listed on April 15, 2021 and has a much shorter record to draw on.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

AppLovin (APP) carries a highly aggressive beta of 2.25, indicating much higher sensitivity to broad-market moves, whereas Manhattan Associates (MANH) is closer to market-like at 0.82 — a noticeable difference in market-sensitivity profile.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both AppLovin (APP) at 210.09% and Manhattan Associates (MANH) at 83.51% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.

AppLovin (APP) at 65.89% keeps the most of each sales dollar — above its industry’s net margin range — and Manhattan Associates (MANH) at 18.41% also retains a top-quartile share.

AppLovin (APP) at 78.22% shows unusually strong operating efficiency — above its industry’s operating margin range — and Manhattan Associates (MANH) at 26.45% also operates in the top quartile.

Profitability Metrics

Growth

AppLovin (APP) at 69.99% delivers above-range revenue growth, while Manhattan Associates (MANH) at 3.75% falls into the bottom quartile — a wide split in revenue momentum.

AppLovin (APP) at 115.23% sits in the top EPS growth quartile, while Manhattan Associates (MANH) at 2.56% is closer to the peer norm — faster per-share earnings growth for APP.

Growth Metrics

Financial Strength

Manhattan Associates (MANH) at 1.07 keeps current ratio within its industry’s typical mid-range, while AppLovin (APP) at 3.81 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both AppLovin (APP) at 1.07 and Manhattan Associates (MANH) at 0.26 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Neither AppLovin (APP) nor Manhattan Associates (MANH) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither AppLovin (APP) nor Manhattan Associates (MANH) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

AppLovin (APP) at 26.34 is near its industry’s usual P/E ratio, while Manhattan Associates (MANH) at 70.81 sits in the richer quartile — MANH needs stronger growth or earnings quality to justify the premium.

Both AppLovin (APP) at 17.04 and Manhattan Associates (MANH) at 12.69 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

Measured against book value, both AppLovin (APP) at 39.29 and Manhattan Associates (MANH) at 73.12 look expensive — each P/B ratio sits above its industry’s benchmark range.

Valuation Metrics