MANH vs. SMCI

Last updated Apr 2, 2026

Compare and contrast key facts about Manhattan Associates, Inc. (MANH) and Super Micro Computer, Inc. (SMCI).

Performance

MANH vs. SMCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manhattan Associates, Inc. (MANH) and Super Micro Computer, Inc. (SMCI). The values are adjusted to include any dividend payments, if applicable.

MANH vs. SMCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MANH Manhattan Associates, Inc.	-22.51%	-35.87%	25.51%	77.36%	-21.92%	47.83%	31.89%	88.22%	-14.47%	-6.58%
SMCI Super Micro Computer, Inc.	-23.10%	-3.97%	7.23%	246.24%	86.80%	38.82%	31.81%	74.06%	-34.07%	-25.38%

Fundamentals

Market Cap MANH : $8.14B SMCI : $15.17B
EPS MANH : $3.61 SMCI : $1.33
PE Ratio MANH : 37.18 SMCI : 16.87
PEG Ratio MANH : 1.77 SMCI : 0.37
PS Ratio MANH : 7.56 SMCI : 0.52
PB Ratio MANH : 25.87 SMCI : 2.17
Total Revenue (TTM) MANH : $1.08B SMCI : $28.06B
Gross Profit (TTM) MANH : $602.74M SMCI : $2.25B
EBITDA (TTM) MANH : $292.21M SMCI : $782.10M

Returns By Period

The year-to-date returns for both stocks are quite close, with MANH having a -22.51% return and SMCI slightly lower at -23.10%. Over the past 10 years, MANH has underperformed SMCI with an annualized return of 8.96%, while SMCI has yielded a comparatively higher 20.63% annualized return.

MANH

• 1D: 0.89%
• 1M: -4.05%
• YTD: -22.51%
• 6M: -32.71%
• 1Y: -23.15%
• 3Y*: -4.64%
• 5Y*: 2.12%
• 10Y*: 8.96%

SMCI

• 1D: -1.14%
• 1M: -29.28%
• YTD: -23.10%
• 6M: -57.03%
• 1Y: -35.78%
• 3Y*: 28.31%
• 5Y*: 41.56%
• 10Y*: 20.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MANH vs. SMCI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MANH

MANH Risk / Return Rank: 19
MANH Sharpe Ratio Rank: 15
MANH Sortino Ratio Rank: 16
MANH Omega Ratio Rank: 17
MANH Calmar Ratio Rank: 24
MANH Martin Ratio Rank: 21

SMCI

SMCI Risk / Return Rank: 23
SMCI Sharpe Ratio Rank: 21
SMCI Sortino Ratio Rank: 24
SMCI Omega Ratio Rank: 24
SMCI Calmar Ratio Rank: 24
SMCI Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MANH vs. SMCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Manhattan Associates, Inc. (MANH) and Super Micro Computer, Inc. (SMCI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MANH	SMCI	Difference
Sharpe ratio Return per unit of total volatility	-0.58	-0.45	-0.13
Sortino ratio Return per unit of downside risk	-0.63	-0.20	-0.44
Omega ratio Gain probability vs. loss probability	0.92	0.97	-0.05
Calmar ratio Return relative to maximum drawdown	-0.51	-0.52	+0.01
Martin ratio Return relative to average drawdown	-1.09	-1.03	-0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MANH vs. SMCI - Sharpe Ratio Comparison

The current MANH Sharpe Ratio is -0.58, which is comparable to the SMCI Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of MANH and SMCI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MANH	SMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	-0.45	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.50	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.30	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.30	-0.09

Correlation

The correlation between MANH and SMCI is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MANH vs. SMCI - Dividend Comparison

Neither MANH nor SMCI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MANH vs. SMCI - Drawdown Comparison

The maximum MANH drawdown since its inception was -87.04%, roughly equal to the maximum SMCI drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for MANH and SMCI.

Drawdown Indicators

	MANH	SMCI	Difference
Max Drawdown Largest peak-to-trough decline	-87.04%	-84.84%	-2.20%
Max Drawdown (1Y) Largest decline over 1 year	-44.11%	-66.18%	+22.07%
Max Drawdown (5Y) Largest decline over 5 years	-58.87%	-84.84%	+25.97%
Max Drawdown (10Y) Largest decline over 10 years	-58.87%	-84.84%	+25.97%
Current Drawdown Current decline from peak	-56.65%	-81.05%	+24.40%
Average Drawdown Average peak-to-trough decline	-39.34%	-31.56%	-7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.58%	33.24%	-12.66%

Volatility

MANH vs. SMCI - Volatility Comparison

The current volatility for Manhattan Associates, Inc. (MANH) is 10.62%, while Super Micro Computer, Inc. (SMCI) has a volatility of 45.01%. This indicates that MANH experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MANH	SMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.62%	45.01%	-34.39%
Volatility (6M) Calculated over the trailing 6-month period	28.39%	62.35%	-33.96%
Volatility (1Y) Calculated over the trailing 1-year period	40.18%	79.49%	-39.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.70%	83.60%	-45.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.33%	69.68%	-30.35%

Financials

MANH vs. SMCI - Profitability Comparison

The chart below illustrates the profitability comparison between Manhattan Associates, Inc. and Super Micro Computer, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MANH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Manhattan Associates, Inc. reported a gross profit of 147.11M and revenue of 270.39M. Therefore, the gross margin over that period was 54.4%.

SMCI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Super Micro Computer, Inc. reported a gross profit of 798.57M and revenue of 12.68B. Therefore, the gross margin over that period was 6.3%.

MANH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Manhattan Associates, Inc. reported an operating income of 67.01M and revenue of 270.39M, resulting in an operating margin of 24.8%.

SMCI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Super Micro Computer, Inc. reported an operating income of 474.30M and revenue of 12.68B, resulting in an operating margin of 3.7%.

MANH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Manhattan Associates, Inc. reported a net income of 51.95M and revenue of 270.39M, resulting in a net margin of 19.2%.

SMCI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Super Micro Computer, Inc. reported a net income of 400.56M and revenue of 12.68B, resulting in a net margin of 3.2%.