Why NASDAQ:MMYT qualifies as a high growth stock.

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if MAKEMYTRIP LTD (NASDAQ:MMYT) is suited for growth investing. Investors should of course do their own research, but we spotted MAKEMYTRIP LTD showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Some of the growth metrics of NASDAQ:MMYT highlighted

• MAKEMYTRIP LTD has achieved an impressive Return on Equity (ROE) of 19.52%, showcasing its ability to generate favorable returns for shareholders.
• MAKEMYTRIP LTD has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• MAKEMYTRIP LTD has achieved significant 1-year revenue growth of 31.95%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• MAKEMYTRIP LTD has achieved 36.6% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• The operating margin of MAKEMYTRIP LTD has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• With positive growth in its free cash flow (FCF) over the past year, MAKEMYTRIP LTD showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• MAKEMYTRIP LTD has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 375.0% increase. This indicates improving financial performance and the company's effective management of its operations.
• The average next Quarter EPS Estimate by analysts was adjusted by 15.44%, reflecting the evolving market expectations for the company's EPS growth.
• The quarterly earnings of MAKEMYTRIP LTD have shown a 375.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• MAKEMYTRIP LTD shows accelerating EPS growth: when comparing the current Q2Q growth of 375.0% to the previous year Q2Q growth of 300.0%, we see the growth rate improving.

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to MMYT. MMYT was compared to 134 industry peers in the Hotels, Restaurants & Leisure industry. While MMYT has a great health rating, its profitability is only average at the moment. MMYT shows excellent growth, but is valued quite expensive already. This makes MMYT very considerable for growth investing!

For an up to date full fundamental analysis you can check the fundamental report of MMYT

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.