(MMYT) MakeMyTrip - Ratings and Ratios
Air Ticketing, Hotels, Packages, Bus Tickets, Rail Tickets
MMYT EPS (Earnings per Share)
MMYT Revenue
Description: MMYT MakeMyTrip
MakeMyTrip Limited is a leading travel service provider operating in multiple countries, offering a range of travel-related products and services, including air ticketing, hotels, packages, bus ticketing, and car hire, under various brands such as MakeMyTrip, Goibibo, and redBus.
The companys business model is diversified across three main segments: Air Ticketing, Hotels, and Packages, and Bus Ticketing, catering to both leisure travelers and corporates. With a strong online presence through its primary websites and mobile applications, MakeMyTrip also utilizes other distribution channels, including call centers, franchisee-owned travel stores, and travel agents networks.
To evaluate the companys performance, key performance indicators (KPIs) such as revenue growth, gross bookings, and net profit margin can be analyzed. Additionally, metrics like customer acquisition cost, customer retention rate, and average transaction value can provide insights into the companys operational efficiency and customer engagement. The companys market share in the Indian travel market and its competitive positioning against other players in the industry are also important factors to consider.
From a financial perspective, MakeMyTrips market capitalization stands at approximately $9.3 billion, with a price-to-earnings ratio of 117.71, indicating a relatively high valuation. The companys return on equity (RoE) is 8.10%, suggesting that it generates a relatively modest return on shareholders equity. Further analysis of the companys financial statements and ratios, such as debt-to-equity and interest coverage, can provide a more comprehensive understanding of its financial health and leverage.
In terms of growth prospects, the Indian travel market is expected to continue growing, driven by increasing demand for online travel booking and rising disposable incomes. MakeMyTrips ability to expand its customer base, enhance its product offerings, and improve operational efficiency will be crucial in maintaining its competitive edge and driving future growth.
MMYT Stock Overview
| Market Cap in USD | 9,518m |
| Sub-Industry | Hotels, Resorts & Cruise Lines |
| IPO / Inception | 2010-08-12 |
MMYT Stock Ratings
| Growth Rating | 40.3% |
| Fundamental | 64.3% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -21.5% |
| Analyst Rating | 4.40 of 5 |
MMYT Dividends
Currently no dividends paidMMYT Growth Ratios
| Growth Correlation 3m | 46.1% |
| Growth Correlation 12m | -43.8% |
| Growth Correlation 5y | 80% |
| CAGR 5y | 47.57% |
| CAGR/Max DD 3y | 1.52 |
| CAGR/Mean DD 3y | 4.45 |
| Sharpe Ratio 12m | 0.27 |
| Alpha | 0.03 |
| Beta | 0.979 |
| Volatility | 40.07% |
| Current Volume | 1054k |
| Average Volume 20d | 722.3k |
| Stop Loss | 92.9 (-4.2%) |
| Signal | -0.22 |
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (100.0m TTM) > 0 and > 6% of Revenue (6% = 59.6m TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -6.88pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 52.86% (prev 71.62%; Δ -18.75pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 154.8m > Net Income 100.0m (YES >=105%, WARN >=100%) |
| Net Debt (1.15b) to EBITDA (172.7m) ratio: 6.64 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.15 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (117.3m) change vs 12m ago 3.35% (target <= -2.0% for YES) |
| Gross Margin 63.97% (prev 60.05%; Δ 3.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 30.02% (prev 48.48%; Δ -18.45pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.87 (EBITDA TTM 172.7m / Interest Expense TTM 37.5m) >= 6 (WARN >= 3) |
Altman Z'' -0.43
| (A) 0.11 = (Total Current Assets 4.13b - Total Current Liabilities 3.60b) / Total Assets 4.88b |
| (B) -0.19 = Retained Earnings (Balance) -903.9m / Total Assets 4.88b |
| (C) 0.04 = EBIT TTM 145.1m / Avg Total Assets 3.31b |
| (D) -0.79 = Book Value of Equity -4.02b / Total Liabilities 5.09b |
| Total Rating: -0.43 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 64.26
| 1. Piotroski 3.50pt = -1.50 |
| 2. FCF Yield 1.54% = 0.77 |
| 3. FCF Margin 15.60% = 3.90 |
| 4. Debt/Equity 1.13 = 1.89 |
| 5. Debt/Ebitda 7.88 = -2.50 |
| 6. ROIC - WACC (= -0.06)% = -0.08 |
| 7. RoE 11.98% = 1.00 |
| 8. Rev. Trend 90.79% = 6.81 |
| 9. EPS Trend 79.36% = 3.97 |
What is the price of MMYT shares?
Over the past week, the price has changed by +1.41%, over one month by -2.48%, over three months by +6.02% and over the past year by -6.99%.
Is MakeMyTrip a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MMYT is around 112.81 USD . This means that MMYT is currently undervalued and has a potential upside of +16.3% (Margin of Safety).
Is MMYT a buy, sell or hold?
- Strong Buy: 5
- Buy: 4
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MMYT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 121 | 24.7% |
| Analysts Target Price | 121 | 24.7% |
| ValueRay Target Price | 125.8 | 29.7% |
Last update: 2025-09-05 04:52
MMYT Fundamental Data Overview
CCE Cash And Equivalents = 800.3m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 116.3837
P/S = 9.5879
P/B = 168.453
P/EG = -0.21
Beta = 0.866
Revenue TTM = 992.7m USD
EBIT TTM = 145.1m USD
EBITDA TTM = 172.7m USD
Long Term Debt = 1.13b USD (from longTermDebt, last quarter)
Short Term Debt = 226.8m USD (from shortTermDebt, last quarter)
Debt = 1.36b USD (Calculated: Short Term 226.8m + Long Term 1.13b)
Net Debt = 1.15b USD (from netDebt column, last quarter)
Enterprise Value = 10.08b USD (9.52b + Debt 1.36b - CCE 800.3m)
Interest Coverage Ratio = 3.87 (Ebit TTM 145.1m / Interest Expense TTM 37.5m)
FCF Yield = 1.54% (FCF TTM 154.8m / Enterprise Value 10.08b)
FCF Margin = 15.60% (FCF TTM 154.8m / Revenue TTM 992.7m)
Net Margin = 10.07% (Net Income TTM 100.0m / Revenue TTM 992.7m)
Gross Margin = 63.97% ((Revenue TTM 992.7m - Cost of Revenue TTM 357.6m) / Revenue TTM)
Tobins Q-Ratio = -2.51 (set to none) (Enterprise Value 10.08b / Book Value Of Equity -4.02b)
Interest Expense / Debt = 0.79% (Interest Expense 10.8m / Debt 1.36b)
Taxrate = 17.79% (20.6m / 115.9m)
NOPAT = 119.2m (EBIT 145.1m * (1 - 17.79%))
Current Ratio = 1.15 (Total Current Assets 4.13b / Total Current Liabilities 3.60b)
Debt / Equity = 1.13 (Debt 1.36b / last Fiscal Year total Stockholder Equity 1.20b)
Debt / EBITDA = 7.88 (Net Debt 1.15b / EBITDA 172.7m)
Debt / FCF = 8.79 (Debt 1.36b / FCF TTM 154.8m)
Total Stockholder Equity = 834.7m (last 4 quarters mean)
RoA = 2.05% (Net Income 100.0m, Total Assets 4.88b )
RoE = 11.98% (Net Income TTM 100.0m / Total Stockholder Equity 834.7m)
RoCE = 7.37% (Ebit 145.1m / (Equity 834.7m + L.T.Debt 1.13b))
RoIC = 8.44% (NOPAT 119.2m / Invested Capital 1.41b)
WACC = 8.50% (E(9.52b)/V(10.88b) * Re(9.62%)) + (D(1.36b)/V(10.88b) * Rd(0.79%) * (1-Tc(0.18)))
Shares Correlation 3-Years: 75.76 | Cagr: 0.61%
Discount Rate = 9.62% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 70.64% ; FCFE base≈162.6m ; Y1≈145.2m ; Y5≈122.9m
Fair Price DCF = 19.03 (DCF Value 1.71b / Shares Outstanding 89.9m; 5y FCF grow -13.20% → 3.0% )
EPS Correlation: 79.36 | EPS CAGR: 197.5% | SUE: -0.51 | # QB: 0
Revenue Correlation: 90.79 | Revenue CAGR: 29.79% | SUE: -2.07 | # QB: 0
Additional Sources for MMYT Stock
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Fund Manager Positions: Dataroma | Stockcircle