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MakeMyTrip NasdaqGS:MMYT Stock Report

Last Price

US$111.00

Market Cap

US$12.4b

7D

-5.3%

1Y

139.8%

Updated

20 Dec, 2024

Data

Company Financials +

MMYT Stock Overview

An online travel company, sells travel products and services. More details

MMYT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends0/6

My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

MakeMyTrip Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MakeMyTrip
Historical stock prices
Current Share PriceUS$111.00
52 Week HighUS$123.00
52 Week LowUS$43.31
Beta1.29
1 Month Change3.48%
3 Month Change2.33%
1 Year Change139.79%
3 Year Change292.09%
5 Year Change370.54%
Change since IPO319.66%

Recent News & Updates

Here's Why We Think MakeMyTrip (NASDAQ:MMYT) Is Well Worth Watching

Nov 24
Here's Why We Think MakeMyTrip (NASDAQ:MMYT) Is Well Worth Watching

MakeMyTrip (NASDAQ:MMYT) Is Doing The Right Things To Multiply Its Share Price

Nov 08
MakeMyTrip (NASDAQ:MMYT) Is Doing The Right Things To Multiply Its Share Price

MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition

Oct 25

Recent updates

Here's Why We Think MakeMyTrip (NASDAQ:MMYT) Is Well Worth Watching

Nov 24
Here's Why We Think MakeMyTrip (NASDAQ:MMYT) Is Well Worth Watching

MakeMyTrip (NASDAQ:MMYT) Is Doing The Right Things To Multiply Its Share Price

Nov 08
MakeMyTrip (NASDAQ:MMYT) Is Doing The Right Things To Multiply Its Share Price

MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition

Oct 25

MakeMyTrip: Lofty Valuation Leaves Little Room For Errors

Oct 17

Market Participants Recognise MakeMyTrip Limited's (NASDAQ:MMYT) Revenues

Oct 16
Market Participants Recognise MakeMyTrip Limited's (NASDAQ:MMYT) Revenues

Is Now An Opportune Moment To Examine MakeMyTrip Limited (NASDAQ:MMYT)?

Oct 01
Is Now An Opportune Moment To Examine MakeMyTrip Limited (NASDAQ:MMYT)?

Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?

Sep 16
Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?

With EPS Growth And More, MakeMyTrip (NASDAQ:MMYT) Makes An Interesting Case

Aug 15
With EPS Growth And More, MakeMyTrip (NASDAQ:MMYT) Makes An Interesting Case

Additional Considerations Required While Assessing MakeMyTrip's (NASDAQ:MMYT) Strong Earnings

Jul 31
Additional Considerations Required While Assessing MakeMyTrip's (NASDAQ:MMYT) Strong Earnings

MakeMyTrip: Dominant OTA Player In India

Jul 30

MakeMyTrip's (NASDAQ:MMYT) Returns On Capital Are Heading Higher

Jun 30
MakeMyTrip's (NASDAQ:MMYT) Returns On Capital Are Heading Higher

At US$79.87, Is MakeMyTrip Limited (NASDAQ:MMYT) Worth Looking At Closely?

Jun 11
At US$79.87, Is MakeMyTrip Limited (NASDAQ:MMYT) Worth Looking At Closely?

MakeMyTrip: Encouraging Performance Across Hotels And Packages Segment

May 26

With MakeMyTrip Limited (NASDAQ:MMYT) It Looks Like You'll Get What You Pay For

May 24
With MakeMyTrip Limited (NASDAQ:MMYT) It Looks Like You'll Get What You Pay For

MakeMyTrip: Favorable Growth Outlook With Profitability Improvement Potential

Apr 24

We Think MakeMyTrip (NASDAQ:MMYT) Can Manage Its Debt With Ease

Apr 15
We Think MakeMyTrip (NASDAQ:MMYT) Can Manage Its Debt With Ease

Returns On Capital Are Showing Encouraging Signs At MakeMyTrip (NASDAQ:MMYT)

Mar 03
Returns On Capital Are Showing Encouraging Signs At MakeMyTrip (NASDAQ:MMYT)

MakeMyTrip: Sales Growth Remains Impressive, But Watching Customer Inducement Costs

Feb 09

MakeMyTrip: Record Quarter, But Pricey Stock

Jan 26

Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?

Jan 02
Does MakeMyTrip (NASDAQ:MMYT) Have A Healthy Balance Sheet?

MakeMyTrip Limited: What I'm Watching In The Upcoming Quarter

Oct 12

MakeMyTrip attracts bullish rating at BofA on "reasonable" valuation, higher margins estimate

Aug 30

MakeMyTrip: Rebound In Earnings Needed To Justify Upside

Jul 29

MakeMyTrip: Strong Cash And Revenue Growth Despite Pressures

Jun 16

Shareholder Returns

MMYTUS HospitalityUS Market
7D-5.3%-4.7%-3.5%
1Y139.8%23.4%22.1%

Return vs Industry: MMYT exceeded the US Hospitality industry which returned 23.4% over the past year.

Return vs Market: MMYT exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is MMYT's price volatile compared to industry and market?
MMYT volatility
MMYT Average Weekly Movement8.1%
Hospitality Industry Average Movement5.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: MMYT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MMYT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20004,576Rajesh Magowwww.makemytrip.com

MakeMyTrip Limited , an online travel company, sells travel products and services. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. It offers various services and products, including booking of air and bus tickets; hotels and packages; rail tickets; car hire; and ancillary travel requirements, such as facilitating access to third-party travel, other insurance products, foreign currency exchange services, and visa processing under the MakeMyTrip, Goibibo, and redBus brand names.

MakeMyTrip Limited Fundamentals Summary

How do MakeMyTrip's earnings and revenue compare to its market cap?
MMYT fundamental statistics
Market capUS$12.41b
Earnings (TTM)US$235.16m
Revenue (TTM)US$882.62m

51.8x

P/E Ratio

13.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMYT income statement (TTM)
RevenueUS$882.62m
Cost of RevenueUS$406.42m
Gross ProfitUS$476.20m
Other ExpensesUS$241.04m
EarningsUS$235.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.14
Gross Margin53.95%
Net Profit Margin26.64%
Debt/Equity Ratio18.2%

How did MMYT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MakeMyTrip Limited is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
null nullAntique Stockbroking Ltd.