NasdaqGS:MMYTHospitality
The Bull Case For MakeMyTrip (MMYT) Could Change Following Profitability Shift Driven by Higher Capital Employed
Recently, MakeMyTrip transitioned from losses five years ago to earning a 10% return on capital employed, reflecting a shift to profitability and expansion, supported by a 47% increase in capital employed.
However, while growth and reinvestment are evident, the company's heightened use of current liabilities to fund operations may introduce new risks for investors.
We'll explore how MakeMyTrip's improving returns on capital and ongoing expansion could reshape the company's long-term...