Software - Application
Compare Stocks
2 / 10Stock Comparison
UPLD vs MANH
Revenue, margins, valuation, and 5-year total return — side by side.
Software - Application
UPLD vs MANH — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Software - Application | Software - Application |
| Market Cap | $29M | $8.50B |
| Revenue (TTM) | $202M | $1.10B |
| Net Income (TTM) | $-14M | $217M |
| Gross Margin | 75.9% | 55.6% |
| Operating Margin | 5.2% | 25.6% |
| Forward P/E | — | 26.8x |
| Total Debt | $235M | $112M |
| Cash & Equiv. | $29M | $329M |
UPLD vs MANH — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Upland Software, In… (UPLD) | 100 | 2.8 | -97.2% |
| Manhattan Associate… (MANH) | 100 | 162.4 | +62.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: UPLD vs MANH
Each card shows where this stock fits in a portfolio — not just who wins on paper.
UPLD is the clearest fit if your priority is value.
- Better valuation composite
MANH carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.10
- Rev growth 3.7%, EPS growth 2.6%, 3Y rev CAGR 12.1%
- 145.1% 10Y total return vs UPLD's -86.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.7% revenue growth vs UPLD's -21.1% | |
| Value | Better valuation composite | |
| Quality / Margins | 19.7% margin vs UPLD's -7.1% | |
| Stability / Safety | Beta 1.10 vs UPLD's 1.88, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -21.9% vs UPLD's -58.5% | |
| Efficiency (ROA) | 28.0% ROA vs UPLD's -3.4%, ROIC 236.8% vs 4.0% |
UPLD vs MANH — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
UPLD vs MANH — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MANH leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MANH is the larger business by revenue, generating $1.1B annually — 5.5x UPLD's $202M. MANH is the more profitable business, keeping 19.7% of every revenue dollar as net income compared to UPLD's -7.1%. On growth, MANH holds the edge at +7.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $202M | $1.1B |
| EBITDAEarnings before interest/tax | $33M | $288M |
| Net IncomeAfter-tax profit | -$14M | $217M |
| Free Cash FlowCash after capex | $22M | $380M |
| Gross MarginGross profit ÷ Revenue | +75.9% | +55.6% |
| Operating MarginEBIT ÷ Revenue | +5.2% | +25.6% |
| Net MarginNet income ÷ Revenue | -7.1% | +19.7% |
| FCF MarginFCF ÷ Revenue | +10.9% | +34.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -23.5% | +7.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +90.7% | -3.5% |
Valuation Metrics
UPLD leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, UPLD's 4.8x EV/EBITDA is more attractive than MANH's 28.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $29M | $8.5B |
| Enterprise ValueMkt cap + debt − cash | $234M | $8.3B |
| Trailing P/EPrice ÷ TTM EPS | -0.62x | 39.88x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 26.79x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.86x |
| EV / EBITDAEnterprise value multiple | 4.81x | 28.67x |
| Price / SalesMarket cap ÷ Revenue | 0.13x | 7.86x |
| Price / BookPrice ÷ Book value/share | 0.34x | 27.85x |
| Price / FCFMarket cap ÷ FCF | 1.17x | 22.74x |
Profitability & Efficiency
MANH leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
MANH delivers a 78.2% return on equity — every $100 of shareholder capital generates $78 in annual profit, vs $-29 for UPLD. MANH carries lower financial leverage with a 0.36x debt-to-equity ratio, signaling a more conservative balance sheet compared to UPLD's 2.91x. On the Piotroski fundamental quality scale (0–9), MANH scores 6/9 vs UPLD's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -29.2% | +78.2% |
| ROA (TTM)Return on assets | -3.4% | +28.0% |
| ROICReturn on invested capital | +4.0% | +2.4% |
| ROCEReturn on capital employed | +4.6% | +76.3% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 2.91x | 0.36x |
| Net DebtTotal debt minus cash | $206M | -$216M |
| Cash & Equiv.Liquid assets | $29M | $329M |
| Total DebtShort + long-term debt | $235M | $112M |
| Interest CoverageEBIT ÷ Interest expense | 0.41x | — |
Total Returns (Dividends Reinvested)
MANH leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MANH five years ago would be worth $10,805 today (with dividends reinvested), compared to $220 for UPLD. Over the past 12 months, MANH leads with a -21.9% total return vs UPLD's -58.5%. The 3-year compound annual growth rate (CAGR) favors MANH at -5.4% vs UPLD's -34.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -35.2% | -14.2% |
| 1-Year ReturnPast 12 months | -58.5% | -21.9% |
| 3-Year ReturnCumulative with dividends | -71.6% | -15.3% |
| 5-Year ReturnCumulative with dividends | -97.8% | +8.1% |
| 10-Year ReturnCumulative with dividends | -86.1% | +145.1% |
| CAGR (3Y)Annualised 3-year return | -34.3% | -5.4% |
Risk & Volatility
MANH leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MANH is the less volatile stock with a 1.10 beta — it tends to amplify market swings less than UPLD's 1.88 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MANH currently trades 58.1% from its 52-week high vs UPLD's 24.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.88x | 1.10x |
| 52-Week HighHighest price in past year | $3.91 | $247.22 |
| 52-Week LowLowest price in past year | $0.50 | $119.06 |
| % of 52W HighCurrent price vs 52-week peak | +24.9% | +58.1% |
| RSI (14)Momentum oscillator 0–100 | 70.5 | 50.6 |
| Avg Volume (50D)Average daily shares traded | 393K | 678K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | — | $197.25 |
| # AnalystsCovering analysts | — | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 2 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.5% | +3.7% |
MANH leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). UPLD leads in 1 (Valuation Metrics).
UPLD vs MANH: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is UPLD or MANH a better buy right now?
For growth investors, Manhattan Associates, Inc.
(MANH) is the stronger pick with 3. 7% revenue growth year-over-year, versus -21. 1% for Upland Software, Inc. (UPLD). Manhattan Associates, Inc. (MANH) offers the better valuation at 39. 9x trailing P/E (26. 8x forward), making it the more compelling value choice. Analysts rate Manhattan Associates, Inc. (MANH) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — UPLD or MANH?
Over the past 5 years, Manhattan Associates, Inc.
(MANH) delivered a total return of +8. 1%, compared to -97. 8% for Upland Software, Inc. (UPLD). Over 10 years, the gap is even starker: MANH returned +145. 1% versus UPLD's -86. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — UPLD or MANH?
By beta (market sensitivity over 5 years), Manhattan Associates, Inc.
(MANH) is the lower-risk stock at 1. 10β versus Upland Software, Inc. 's 1. 88β — meaning UPLD is approximately 71% more volatile than MANH relative to the S&P 500. On balance sheet safety, Manhattan Associates, Inc. (MANH) carries a lower debt/equity ratio of 36% versus 3% for Upland Software, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — UPLD or MANH?
By revenue growth (latest reported year), Manhattan Associates, Inc.
(MANH) is pulling ahead at 3. 7% versus -21. 1% for Upland Software, Inc. (UPLD). On earnings-per-share growth, the picture is similar: Upland Software, Inc. grew EPS 63. 4% year-over-year, compared to 2. 6% for Manhattan Associates, Inc.. Over a 3-year CAGR, MANH leads at 12. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — UPLD or MANH?
Manhattan Associates, Inc.
(MANH) is the more profitable company, earning 20. 3% net margin versus -17. 9% for Upland Software, Inc. — meaning it keeps 20. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MANH leads at 26. 1% versus 7. 7% for UPLD. At the gross margin level — before operating expenses — UPLD leads at 62. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — UPLD or MANH?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is UPLD or MANH better for a retirement portfolio?
For long-horizon retirement investors, Manhattan Associates, Inc.
(MANH) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 10), +145. 1% 10Y return). Upland Software, Inc. (UPLD) carries a higher beta of 1. 88 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MANH: +145. 1%, UPLD: -86. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between UPLD and MANH?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.