MANH vs. SAP: Manhattan Associates vs. SAP Stock Comparison
How do Manhattan Associates (MANH) and SAP (SAP) 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
Manhattan Associates (MANH) and SAP (SAP) 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) trades as ordinary local shares, while SAP (SAP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | MANH | SAP |
|---|---|---|
| Name | Manhattan Associates Inc. | SAP SE Sponsored ADR |
| Country/Region | United States | Germany |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 14.68 billion USD | 269.45 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 23, 1998 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MANH | SAP |
|---|---|---|
| Total Return (1Y) | 42.28% | -3.87% |
| Total Return (3Y, Annualized) | 6.91% | 20.21% |
| Total Return (5Y, Annualized) | 7.39% | 11.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MANH | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 46.95% | 39.05% |
| Beta (5Y) | 0.82 | 1.09 |
| Max Drawdown (5Y) | -60.98% | -52.26% |
| Avg. Volume (3M) | 751.46K | 2.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MANH | SAP |
|---|---|---|
| Sharpe Ratio (1Y) | 0.81 | -0.21 |
| Sortino Ratio (1Y) | 1.27 | -0.29 |
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; SAP (SAP) at 18.18% also sits in the top quartile.
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%
SAP
Software & Services industry group
18.18%
- Max
- 53.85%
- SAP
- 18.18%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
For every dollar of sales, both Manhattan Associates (MANH) at 18.41% and SAP (SAP) at 20.41% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
SAP
Software & Services industry group
20.41%
- Max
- 41.17%
- SAP
- 20.41%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Manhattan Associates (MANH) at 26.45% and SAP (SAP) at 29.50% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
SAP
Software & Services industry group
29.50%
- Max
- 46.89%
- SAP
- 29.50%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | MANH | SAP |
|---|---|---|
| ROE (TTM) | 83.51% | 18.18% |
| ROA (TTM) | 23.64% | 9.91% |
| Net Margin (TTM) | 18.41% | 20.41% |
| Operating Margin (TTM) | 26.45% | 29.50% |
| Gross Margin (TTM) | 55.93% | 73.58% |
Growth
Revenue Growth
SAP (SAP) at 7.68% is around its peer norm for revenue growth, while Manhattan Associates (MANH) at 3.75% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
SAP (SAP) at 130.19% 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 SAP.
Growth Metrics
| Metric | MANH | SAP |
|---|---|---|
| Revenue Growth (YoY) | 3.75% | 7.68% |
| Revenue Growth (3Y CAGR) | 12.13% | 7.63% |
| EPS Growth (YoY) | 2.56% | 130.19% |
| EPS Growth (3Y CAGR) | 21.04% | 46.25% |
Financial Strength
Current Ratio (MRQ)
Both Manhattan Associates (MANH) at 1.07 and SAP (SAP) at 1.16 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
SAP
Software & Services industry group
1.16
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- SAP
- 1.16
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Manhattan Associates (MANH) at 0.26 and SAP (SAP) at 0.23 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
SAP
Software & Services industry group
0.23
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- SAP
- 0.23
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | MANH | SAP |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 1.16 |
| Debt / Equity (MRQ) | 0.26 | 0.23 |
| Net Debt / EBITDA | -0.50 | -0.03 |
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 SAP (SAP) reports a yield of 1.03%, ranking against industry peers normally.
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%
SAP
Software & Services industry group
1.03%
- SAP
- 1.03%
- 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 SAP (SAP) reports a payout of 36.45%, ranking against industry peers normally.
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%
SAP
Software & Services industry group
36.45%
- SAP
- 36.45%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MANH | SAP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.03% |
| Dividend Payout Ratio (TTM) | 0.00% | 36.45% |
Valuation
P/E Ratio (TTM)
SAP (SAP) at 29.07 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.
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
SAP
Software & Services industry group
29.07
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- SAP
- 29.07
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
SAP (SAP) at 6.84 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.
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
SAP
Software & Services industry group
6.84
- Max
- 17.91
- Q3
- 8.78
- SAP
- 6.84
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Measured against book value, both Manhattan Associates (MANH) at 73.12 and SAP (SAP) at 73.25 look expensive — each P/B ratio sits above its industry’s benchmark range.
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
SAP
Software & Services industry group
73.25
- SAP
- 73.25
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | MANH | SAP |
|---|---|---|
| P/E Ratio (TTM) | 70.81 | 29.07 |
| P/S Ratio (TTM) | 12.69 | 6.84 |
| P/B Ratio (MRQ) | 73.12 | 73.25 |
| Free Cash Flow Yield (TTM) | 2.21% | 3.73% |