MANH

Manhattan Associates, Inc.

TMT


Presented:11/02/2020
Price:$85.42
Cap:$5.43B
Current Price:$301.40
Cap:$18.46B

Presented

Date11/02/2020
Price$85.42
Market Cap$5.43B
Ent Value$6.02B
P/E Ratio65.8x
Book Value$2.96
Div Yield0%
Shares O/S63.53M
Ave Daily Vol315,354
Short Int4.47%

Current

Price$301.40
Market Cap$18.46B
Manhattan Associates, Inc. engages in designing, building and delivering supply chain commerce solutions by converging front-end sales with back-end supply chain. It operates through the following geographical segment: The Americas; Europe, Middle East, and Africa; and Asia Pacific. The company was founded by Deepak Raghavan in October 1990 and is headquartered in Atlanta, GA.

Publicly traded companies mentioned herein: International Business Machines Corp (IBM), L’Oreal SA (OR FP), Levi Strauss & Co (LEVI), Manhattan Associates Inc (MANH), NIKE Inc (NKE)

Highlights

The presenter is long shares of Manhattan Associates Inc (MANH), which provides ERP software and solutions to manage supply chains, such as warehouse management, order management, omnichannel management, and transportation management. The company has a market cap of ~$5.5B with zero debt, and is covered by just eight analysts. Despite the lack of coverage, the presenter sees the stock as a quality compounder due to its ongoing SaaS transition, potential TAM expansion, secular tailwinds, and its positioning in the competitive landscape. The company has already seen its revenue begin to accelerate and going forward she expects annual EPS growth of 20%+ over a multi-year period along with improved FCF conversion and ROIC.

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Idea Discussion

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