COMP <GO>
MANH vs TYL // EV/EBITDA & P/E VALUATION
Manhattan Associates Inc. (NASDAQ) VS. Tyler Technologies Inc. (NYSE) • 15-METRIC TALLY: MANH 7
— TYL 6
▲ EV/EBITDA & P/E VALUATION LEADER: TYL
LAST: $240.84 (+0.46%) • MKT CAP: $14.04B
valuation
47.4x
LAST: $373.93 (+3.61%) • MKT CAP: $14.87B
valuation
39.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MANH VS. TYL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MANH | TYL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 56.30% | 46.50% | +9.80 | MANH | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 19.70% | 8.10% | +11.60 | MANH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 47.4x | 39.5x | +7.90 | TYL | /valuation <GO> |
| Free Cash Flow Yield | 2.66% | 4.29% | -1.63 | TYL | /fcf-yield <GO> |
| Operating Margin | 25.90% | 15.30% | +10.60 | MANH | /operating-margins <GO> |
| Net Profit Margin | 20.30% | 13.50% | +6.80 | MANH | /net-margins <GO> |
| Revenue Growth (YoY) | 3.70% | 9.10% | -5.40 | TYL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 24.06 | 5.79 | +18.27 | MANH | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 9/9 | -1.00 | TYL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 63.2 | 55.2 | +8.00 | MANH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.42 | 1.29 | +0.13 | MANH | /macro-sensitivity <GO> |
| Forward P/E Multiple | 59.3x | 43.8x | +15.50 | TYL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $14.04B | $14.87B | -$825.1M | TYL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MANH REV | TYL REV | MANH GROSS % | TYL GROSS % | MANH FCF | TYL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.08B | $2.33B | 56.3% | 46.5% | $374.0M | $637.5M |
| FY 2024 | $1.04B | $2.14B | 54.8% | 43.8% | $286.3M | $604.1M |
| FY 2023 | $928.7M | $1.95B | — | — | $204.4M | $292.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MANH // BETA 1.42
TYL // BETA 1.29