INFY vs. MANH: Infosys vs. Manhattan Associates Stock Comparison
How do Infosys (INFY) and Manhattan Associates (MANH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Infosys (INFY) and Manhattan Associates (MANH) both fall under the Software & Services industry group, but INFY is classified in IT Services while MANH is classified in Software.
Manhattan Associates (MANH) trades as ordinary local shares, while Infosys (INFY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | INFY | MANH |
|---|---|---|
| Name | Infosys Ltd. ADR | Manhattan Associates Inc. |
| Country/Region | India | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | IT Services | Software |
| GICS Sub-Industry | IT Consulting & Other Services | Application Software |
| Market Capitalization | 50.63 billion USD | 14.68 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 11, 1999 | April 23, 1998 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | INFY | MANH |
|---|---|---|
| Total Return (1Y) | -23.13% | 42.28% |
| Total Return (3Y, Annualized) | -6.27% | 6.91% |
| Total Return (5Y, Annualized) | -9.51% | 7.39% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Infosys (INFY) is heavily traded at around 18.20M 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.
| Metric | INFY | MANH |
|---|---|---|
| Volatility (1Y, Annualized) | 42.11% | 46.95% |
| Beta (5Y) | 0.87 | 0.82 |
| Max Drawdown (5Y) | -54.40% | -60.98% |
| Avg. Volume (3M) | 18.20M | 751.46K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | INFY | MANH |
|---|---|---|
| Sharpe Ratio (1Y) | -0.65 | 0.81 |
| Sortino Ratio (1Y) | -0.91 | 1.27 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Manhattan Associates (MANH) at 83.51% is the standout with ROE above its industry range; Infosys (INFY) at 29.95% also sits in the top quartile.
INFY
Software & Services industry group
29.95%
- Max
- 53.85%
- INFY
- 29.95%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
MANH
Software & Services industry group
83.51%
- MANH
- 83.51%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
For every dollar of sales, both Infosys (INFY) at 16.22% and Manhattan Associates (MANH) at 18.41% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
INFY
Software & Services industry group
16.22%
- Max
- 41.17%
- INFY
- 16.22%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
MANH
Software & Services industry group
18.41%
- Max
- 41.17%
- MANH
- 18.41%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Infosys (INFY) at 20.97% and Manhattan Associates (MANH) at 26.45% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
INFY
Software & Services industry group
20.97%
- Max
- 46.89%
- INFY
- 20.97%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
MANH
Software & Services industry group
26.45%
- Max
- 46.89%
- MANH
- 26.45%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | INFY | MANH |
|---|---|---|
| ROE (TTM) | 29.95% | 83.51% |
| ROA (TTM) | 16.15% | 23.64% |
| Net Margin (TTM) | 16.22% | 18.41% |
| Operating Margin (TTM) | 20.97% | 26.45% |
| Gross Margin (TTM) | 29.75% | 55.93% |
Growth
Revenue Growth
Both Infosys (INFY) at 4.57% and Manhattan Associates (MANH) at 3.75% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Both Infosys (INFY) at 5.26% and Manhattan Associates (MANH) at 2.56% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | INFY | MANH |
|---|---|---|
| Revenue Growth (YoY) | 4.57% | 3.75% |
| Revenue Growth (3Y CAGR) | 3.44% | 12.13% |
| EPS Growth (YoY) | 5.26% | 2.56% |
| EPS Growth (3Y CAGR) | 4.06% | 21.04% |
Financial Strength
Current Ratio (MRQ)
Both Infosys (INFY) at 1.97 and Manhattan Associates (MANH) at 1.07 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
INFY
Software & Services industry group
1.97
- Max
- 5.11
- Q3
- 2.77
- INFY
- 1.97
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
MANH
Software & Services industry group
1.07
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- MANH
- 1.07
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Infosys (INFY) at 0.09 and Manhattan Associates (MANH) at 0.26 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
INFY
Software & Services industry group
0.09
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- INFY
- 0.09
- Q1
- 0.07
- Min
- 0.00
MANH
Software & Services industry group
0.26
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- MANH
- 0.26
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | INFY | MANH |
|---|---|---|
| Current Ratio (MRQ) | 1.97 | 1.07 |
| Debt / Equity (MRQ) | 0.09 | 0.26 |
| Net Debt / EBITDA | -0.63 | -0.50 |
Dividends
Dividend Yield (TTM)
Manhattan Associates (MANH) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Infosys (INFY) reports a yield of 4.14%, ranking against industry peers normally.
INFY
Software & Services industry group
4.14%
- INFY
- 4.14%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MANH
Software & Services industry group
0.00%
- MANH
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Manhattan Associates (MANH) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Infosys (INFY) reports a payout of 65.45%, ranking against industry peers normally.
INFY
Software & Services industry group
65.45%
- INFY
- 65.45%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MANH
Software & Services industry group
0.00%
- MANH
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | INFY | MANH |
|---|---|---|
| Dividend Yield (TTM) | 4.14% | 0.00% |
| Dividend Payout Ratio (TTM) | 65.45% | 0.00% |
Valuation
P/E Ratio (TTM)
Infosys (INFY) at 15.43 sits in the cheaper P/E ratio quartile, while Manhattan Associates (MANH) at 70.81 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
INFY
Software & Services industry group
15.43
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- INFY
- 15.43
- Min
- 6.69
MANH
Software & Services industry group
70.81
- Max
- 112.94
- MANH
- 70.81
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Infosys (INFY) at 2.49 is priced about in line with its industry on P/S ratio, while Manhattan Associates (MANH) at 12.69 sits in the pricier quartile — MANH costs more per dollar of sales.
INFY
Software & Services industry group
2.49
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- INFY
- 2.49
- Q1
- 2.23
- Min
- 0.02
MANH
Software & Services industry group
12.69
- Max
- 17.91
- MANH
- 12.69
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Both look rich against book: Infosys (INFY) at 9.80 sits in the upper P/B ratio quartile, and Manhattan Associates (MANH) at 73.12 prices even higher, above its industry range.
INFY
Software & Services industry group
9.80
- Max
- 16.63
- INFY
- 9.80
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
MANH
Software & Services industry group
73.12
- MANH
- 73.12
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | INFY | MANH |
|---|---|---|
| P/E Ratio (TTM) | 15.43 | 70.81 |
| P/S Ratio (TTM) | 2.49 | 12.69 |
| P/B Ratio (MRQ) | 9.80 | 73.12 |
| Free Cash Flow Yield (TTM) | 6.52% | 2.21% |