BMNR vs. MANH: Bitmine Immersion vs. Manhattan Associates Stock Comparison

Company Profile

Bitmine Immersion (BMNR) 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) carries decades of public-market history since April 23, 1998, while Bitmine Immersion (BMNR) listed on June 5, 2025 — long-window comparisons have far more historical data on the MANH side.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Bitmine Immersion (BMNR) is heavily traded at around 36.95M shares per day, whereas Manhattan Associates (MANH) sees a more moderate 751.46K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Bitmine Immersion (BMNR) reports a negative ROE of -150.91%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Manhattan Associates (MANH) reports 83.51%, ranking against industry peers normally.

Manhattan Associates (MANH) at 18.41% retains a top-quartile share of revenue as profit, ahead of Bitmine Immersion (BMNR) at 0.00%, which keeps about the industry-typical share.

Manhattan Associates (MANH) at 26.45% operates in the top operating margin quartile, ahead of Bitmine Immersion (BMNR) at 8.42%, which runs around its industry’s norm.

Profitability Metrics

Growth

Bitmine Immersion (BMNR) at 84.14% delivers above-range revenue growth, while Manhattan Associates (MANH) at 3.75% falls into the bottom quartile — a wide split in revenue momentum.

Only one side can be read here: Manhattan Associates (MANH) reports EPS growth of 2.56%, ranked against its industry; Bitmine Immersion (BMNR) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Manhattan Associates (MANH) at 1.07 keeps current ratio within its industry’s typical mid-range, while Bitmine Immersion (BMNR) at 36.68 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Bitmine Immersion (BMNR) at 0.00 keeps leverage in the lower industry quartile, while Manhattan Associates (MANH) at 0.26 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Manhattan Associates (MANH) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bitmine Immersion (BMNR) reports a yield of 0.05%, ranking against industry peers normally.

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

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Manhattan Associates (MANH) trades at 70.81 times trailing earnings, ranked against its peers, while Bitmine Immersion (BMNR) has no P/E ratio this period.

Both look expensive on sales: Manhattan Associates (MANH) at 12.69 sits in the upper P/S ratio quartile, and Bitmine Immersion (BMNR) at 184.93 prices even higher, above its industry range.

Bitmine Immersion (BMNR) at 0.94 sits in the lower P/B ratio quartile relative to book while Manhattan Associates (MANH) at 73.12 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics