59.42 USD
-2.92 (-4.68%)
At close: Feb 11, 2026
59.42 USD
0 (0%)
After Hours: 2/11/2026, 8:00:01 PM
Overall MMYT gets a fundamental rating of 4 out of 10. We evaluated MMYT against 131 industry peers in the Hotels, Restaurants & Leisure industry. MMYT has an average financial health and profitability rating. MMYT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- MMYT had positive earnings in the past year.
- In the past year MMYT had a positive cash flow from operations.
- In multiple years MMYT reported negative net income over the last 5 years.
- In the past 5 years MMYT always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of MMYT (3.05%) is comparable to the rest of the industry.
- MMYT has a Return On Invested Capital of 9.83%. This is in the better half of the industry: MMYT outperforms 71.76% of its industry peers.
- MMYT had an Average Return On Invested Capital over the past 3 years of 4.91%. This is significantly below the industry average of 10.43%.
- The 3 year average ROIC (4.91%) for MMYT is below the current ROIC(9.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | N/A | ||
| ROIC | 9.83% |
ROA(3y)5.81%
ROA(5y)1.95%
ROE(3y)8.71%
ROE(5y)2.96%
ROIC(3y)4.91%
ROIC(5y)N/A
1.3 Margins
- With a decent Profit Margin value of 5.46%, MMYT is doing good in the industry, outperforming 60.31% of the companies in the same industry.
- MMYT has a better Operating Margin (14.28%) than 66.41% of its industry peers.
- MMYT has a better Gross Margin (73.41%) than 89.31% of its industry peers.
- MMYT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.28% | ||
| PM (TTM) | 5.46% | ||
| GM | 73.41% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.74%
GM growth 5Y0.6%
2. Health
2.1 Basic Checks
- MMYT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for MMYT has been increased compared to 1 year ago.
- Compared to 5 years ago, MMYT has more shares outstanding
- Compared to 1 year ago, MMYT has an improved debt to assets ratio.
2.2 Solvency
- MMYT has an Altman-Z score of 0.94. This is a bad value and indicates that MMYT is not financially healthy and even has some risk of bankruptcy.
- MMYT has a worse Altman-Z score (0.94) than 64.12% of its industry peers.
- MMYT has a debt to FCF ratio of 6.30. This is a slightly negative value and a sign of low solvency as MMYT would need 6.30 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 6.30, MMYT is doing good in the industry, outperforming 72.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 6.3 | ||
| Altman-Z | 0.94 |
ROIC/WACC1.04
WACC9.45%
2.3 Liquidity
- A Current Ratio of 1.85 indicates that MMYT should not have too much problems paying its short term obligations.
- The Current ratio of MMYT (1.85) is better than 81.68% of its industry peers.
- MMYT has a Quick Ratio of 1.85. This is a normal value and indicates that MMYT is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of MMYT (1.85) is better than 83.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.85 |
3. Growth
3.1 Past
- MMYT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.11%, which is quite good.
- MMYT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.07%.
- Measured over the past years, MMYT shows a quite strong growth in Revenue. The Revenue has been growing by 13.85% on average per year.
EPS 1Y (TTM)8.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%11.43%
Revenue 1Y (TTM)11.07%
Revenue growth 3Y47.65%
Revenue growth 5Y13.85%
Sales Q2Q%10.59%
3.2 Future
- MMYT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.91% yearly.
- Based on estimates for the next years, MMYT will show a quite strong growth in Revenue. The Revenue will grow by 17.67% on average per year.
EPS Next Y7.46%
EPS Next 2Y19.83%
EPS Next 3Y18.91%
EPS Next 5YN/A
Revenue Next Year14.3%
Revenue Next 2Y15.81%
Revenue Next 3Y17.67%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 37.14, which means the current valuation is very expensive for MMYT.
- MMYT's Price/Earnings ratio is in line with the industry average.
- MMYT is valuated rather expensively when we compare the Price/Earnings ratio to 28.23, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 27.23, the valuation of MMYT can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MMYT is on the same level as its industry peers.
- MMYT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.14 | ||
| Fwd PE | 27.23 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MMYT indicates a slightly more expensive valuation: MMYT is more expensive than 79.39% of the companies listed in the same industry.
- MMYT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MMYT is cheaper than 62.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.25 | ||
| EV/EBITDA | 41.83 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as MMYT's earnings are expected to grow with 18.91% in the coming years.
PEG (NY)4.98
PEG (5Y)N/A
EPS Next 2Y19.83%
EPS Next 3Y18.91%
5. Dividend
5.1 Amount
- No dividends for MMYT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
59.42
-2.92 (-4.68%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)01-21 2026-01-21/bmo
Earnings (Next)N/A N/A
Inst Owners100.04%
Inst Owner Change-0.59%
Ins Owners1.48%
Ins Owner ChangeN/A
Market Cap5.65B
Revenue(TTM)1.04B
Net Income(TTM)56.75M
Analysts85.88
Price Target106.19 (78.71%)
Short Float %6.93%
Short Ratio4.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.78%
Min EPS beat(2)-1.96%
Max EPS beat(2)15.52%
EPS beat(4)3
Avg EPS beat(4)15.49%
Min EPS beat(4)-1.96%
Max EPS beat(4)36.8%
EPS beat(8)7
Avg EPS beat(8)28.95%
EPS beat(12)11
Avg EPS beat(12)44.69%
EPS beat(16)13
Avg EPS beat(16)21.73%
Revenue beat(2)0
Avg Revenue beat(2)-9.95%
Min Revenue beat(2)-15.21%
Max Revenue beat(2)-4.68%
Revenue beat(4)0
Avg Revenue beat(4)-8.74%
Min Revenue beat(4)-15.21%
Max Revenue beat(4)-4.68%
Revenue beat(8)2
Avg Revenue beat(8)-4.52%
Revenue beat(12)5
Avg Revenue beat(12)-1.67%
Revenue beat(16)7
Avg Revenue beat(16)-0.6%
PT rev (1m)-6.72%
PT rev (3m)-12.03%
EPS NQ rev (1m)-8.82%
EPS NQ rev (3m)19.33%
EPS NY rev (1m)7.26%
EPS NY rev (3m)-1.65%
Revenue NQ rev (1m)-1.84%
Revenue NQ rev (3m)-4.67%
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)-3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.14 | ||
| Fwd PE | 27.23 | ||
| P/S | 5.44 | ||
| P/FCF | 25.25 | ||
| P/OCF | 25.25 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 41.83 |
EPS(TTM)1.6
EY2.69%
EPS(NY)2.18
Fwd EY3.67%
FCF(TTM)2.35
FCFY3.96%
OCF(TTM)2.35
OCFY3.96%
SpS10.92
BVpS-0.13
TBVpS-6.02
PEG (NY)4.98
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | N/A | ||
| ROCE | 11.96% | ||
| ROIC | 9.83% | ||
| ROICexc | 9.83% | ||
| ROICexgc | 17.92% | ||
| OM | 14.28% | ||
| PM (TTM) | 5.46% | ||
| GM | 73.41% | ||
| FCFM | 21.55% |
ROA(3y)5.81%
ROA(5y)1.95%
ROE(3y)8.71%
ROE(5y)2.96%
ROIC(3y)4.91%
ROIC(5y)N/A
ROICexc(3y)11.07%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)5.97%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.74%
GM growth 5Y0.6%
F-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 6.3 | ||
| Debt/EBITDA | 6.7 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 127.59% | ||
| Profit Quality | 394.58% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.85 | ||
| Altman-Z | 0.94 |
F-Score5
WACC9.45%
ROIC/WACC1.04
Cap/Depr(3y)50.82%
Cap/Depr(5y)44.6%
Cap/Sales(3y)1.9%
Cap/Sales(5y)3.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%11.43%
EPS Next Y7.46%
EPS Next 2Y19.83%
EPS Next 3Y18.91%
EPS Next 5YN/A
Revenue 1Y (TTM)11.07%
Revenue growth 3Y47.65%
Revenue growth 5Y13.85%
Sales Q2Q%10.59%
Revenue Next Year14.3%
Revenue Next 2Y15.81%
Revenue Next 3Y17.67%
Revenue Next 5YN/A
EBIT growth 1Y27.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year30.46%
EBIT Next 3Y29.72%
EBIT Next 5YN/A
FCF growth 1Y30.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.73%
OCF growth 3Y210.31%
OCF growth 5YN/A
MAKEMYTRIP LTD / MMYT FAQ
What is the ChartMill fundamental rating of MAKEMYTRIP LTD (MMYT) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MMYT.
What is the valuation status of MAKEMYTRIP LTD (MMYT) stock?
ChartMill assigns a valuation rating of 2 / 10 to MAKEMYTRIP LTD (MMYT). This can be considered as Overvalued.
How profitable is MAKEMYTRIP LTD (MMYT) stock?
MAKEMYTRIP LTD (MMYT) has a profitability rating of 5 / 10.
How financially healthy is MAKEMYTRIP LTD?
The financial health rating of MAKEMYTRIP LTD (MMYT) is 4 / 10.
What is the earnings growth outlook for MAKEMYTRIP LTD?
The Earnings per Share (EPS) of MAKEMYTRIP LTD (MMYT) is expected to grow by 7.46% in the next year.