(MMYT) MakeMyTrip - Ratings and Ratios

Exchange: NASDAQ • Country: India • Currency: USD • Type: Common Stock • ISIN: MU0295S00016

MMYT: Tickets, Hotels, Packages, Insurance, Currency, Visa

MakeMyTrip Limited, a prominent online travel company, operates at the forefront of Indias rapidly evolving digital travel market. As a key player, it offers a comprehensive suite of travel services, including air and bus ticketing, hotel bookings, holiday packages, and ancillary services such as car rentals and travel insurance. The companys strategic approach to leveraging digital platforms has positioned it well in a market experiencing a significant shift towards online booking, driven by increasing internet penetration and smartphone usage.

Under the umbrella of its well-known brands—MakeMyTrip, Goibibo, and redBus—the company provides seamless travel solutions across multiple channels, including websites, mobile apps, call centers, and physical stores. This multi-channel approach not only enhances customer reach but also underscores the companys commitment to adapting to diverse consumer preferences in a dynamic market.

From a financial perspective, MakeMyTrip presents an intriguing case for investors. With a market capitalization of approximately $11.5 billion, the company commands a significant valuation. The high price-to-earnings ratio reflects market expectations for future growth, though it also signals a premium for its potential in a burgeoning market. The price-to-book ratio of nearly 10 indicates a strong belief in the companys intangible assets and growth prospects, while the price-to-sales ratio over 13 highlights the markets confidence in its revenue generation capabilities.

However, the landscape is not without challenges. The Indian online travel market is highly competitive, with both domestic and international players vying for market share. MakeMyTrip must navigate this competitive terrain while addressing evolving consumer demands and regulatory dynamics. The companys ability to innovate and maintain its market position will be crucial in sustaining its growth trajectory.

Additional Sources for MMYT Stock

MMYT Stock Overview

Market Cap in USD 11,340m
Sector Consumer Cyclical
Industry Travel Services
GiC Sub-Industry Hotels, Resorts & Cruise Lines
IPO / Inception 2010-08-12

MMYT Stock Ratings

Growth Rating 85.8
Fundamental 73.7
Dividend Rating 0.0
Rel. Strength 51.4
Analysts 4.25/5
Fair Price Momentum 124.12 USD
Fair Price DCF 22.10 USD

MMYT Dividends

No Dividends Paid

MMYT Growth Ratios

Growth Correlation 3m -46.8%
Growth Correlation 12m 66.5%
Growth Correlation 5y 81.1%
CAGR 5y 49.93%
CAGR/Max DD 5y 1.07
Sharpe Ratio 12m 0.85
Alpha 59.11
Beta 1.685
Volatility 61.07%
Current Volume 352.9k
Average Volume 20d 744.4k
What is the price of MMYT stocks?
As of April 23, 2025, the stock is trading at USD 100.38 with a total of 352,890 shares traded.
Over the past week, the price has changed by +2.48%, over one month by -0.67%, over three months by +0.79% and over the past year by +61.69%.
Is MakeMyTrip a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, MakeMyTrip (NASDAQ:MMYT) is currently (April 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 73.70 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MMYT as of April 2025 is 124.12. This means that MMYT is currently undervalued and has a potential upside of +23.65% (Margin of Safety).
Is MMYT a buy, sell or hold?
MakeMyTrip has received a consensus analysts rating of 4.25. Therefor, it is recommend to buy MMYT.
  • Strong Buy: 3
  • Buy: 4
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for MMYT stock price target?
According to ValueRays Forecast Model, MMYT MakeMyTrip will be worth about 141 in April 2026. The stock is currently trading at 100.38. This means that the stock has a potential upside of +40.47%.
Issuer Forecast Upside
Wallstreet Target Price 118.8 18.3%
Analysts Target Price 116.7 16.2%
ValueRay Target Price 141 40.5%