WallStSmart

Manhattan Associates Inc (MANH)vsServiceNow Inc (NOW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ServiceNow Inc generates 1208% more annual revenue ($14.73B vs $1.13B). MANH leads profitability with a 18.7% profit margin vs 11.3%. NOW appears more attractively valued with a PEG of 0.95. MANH earns a higher WallStSmart Score of 53/100 (C-).

MANH

Buy

53

out of 100

Grade: C-

Growth: 5.3Profit: 9.5Value: 2.0Quality: 6.5
Piotroski: 4/9Altman Z: 3.53

NOW

Hold

49

out of 100

Grade: D+

Growth: 6.7Profit: 5.5Value: 6.7Quality: 4.0
Piotroski: 1/9Altman Z: 1.65
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MANHSignificantly Overvalued (-19.8%)

Margin of Safety

-19.8%

Fair Value

$119.08

Current Price

$201.82

$82.74 premium

UndervaluedFair: $119.08Overvalued
NOWUndervalued (+78.9%)

Margin of Safety

+78.9%

Fair Value

$626.98

Current Price

$132.53

$494.45 discount

UndervaluedFair: $626.98Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MANH3 strengths · Avg: 9.3/10
Return on EquityProfitability
133.5%10/10

Every $100 of equity generates 133 in profit

Altman Z-ScoreHealth
3.5310/10

Safe zone — low bankruptcy risk

Operating MarginProfitability
25.0%8/10

Strong operational efficiency at 25.0%

NOW3 strengths · Avg: 8.3/10
Market CapQuality
$137.02B9/10

Large-cap with strong market position

PEG RatioValuation
0.958/10

Growing faster than its price suggests

Revenue GrowthGrowth
24.0%8/10

Revenue surging 24.0% year-over-year

Areas to Watch

MANH4 concerns · Avg: 2.0/10
PEG RatioValuation
2.572/10

Expensive relative to growth rate

P/E RatioValuation
59.8x2/10

Premium valuation, high expectations priced in

Price/BookValuation
74.7x2/10

Trading at 74.7x book value

EPS GrowthGrowth
-8.6%2/10

Earnings declined 8.6%

NOW4 concerns · Avg: 3.5/10
Price/BookValuation
10.9x4/10

Trading at 10.9x book value

Altman Z-ScoreHealth
1.654/10

Distress zone — elevated risk

Operating MarginProfitability
4.1%3/10

Operating margin of 4.1%

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : MANH

The strongest argument for MANH centers on Return on Equity, Altman Z-Score, Operating Margin. Profitability is solid with margins at 18.7% and operating margin at 25.0%.

Bull Case : NOW

The strongest argument for NOW centers on Market Cap, PEG Ratio, Revenue Growth. Revenue growth of 24.0% demonstrates continued momentum. PEG of 0.95 suggests the stock is reasonably priced for its growth.

Bear Case : MANH

The primary concerns for MANH are PEG Ratio, P/E Ratio, Price/Book. A P/E of 59.8x leaves little room for execution misses.

Bear Case : NOW

The primary concerns for NOW are Price/Book, Altman Z-Score, Operating Margin. A P/E of 81.8x leaves little room for execution misses.

Key Dynamics to Monitor

MANH profiles as a mature stock while NOW is a growth play — different risk/reward profiles.

NOW carries more volatility with a beta of 0.97 — expect wider price swings.

NOW is growing revenue faster at 24.0% — sustainability is the question.

NOW generates stronger free cash flow (473M), providing more financial flexibility.

Bottom Line

MANH scores higher overall (53/100 vs 49/100), backed by strong 18.7% margins. NOW offers better value entry with a 78.9% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Manhattan Associates Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Manhattan Associates, Inc. develops, sells, implements, services, and maintains software solutions to manage supply chains, inventory, and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company is headquartered in Atlanta, Georgia.

ServiceNow Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

ServiceNow is an American software company based in Santa Clara, California that develops a cloud computing platform to help companies manage digital workflows for enterprise operations.

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