82.66 USD
+0.06 (+0.07%)
Overall MMYT gets a fundamental rating of 4 out of 10. We evaluated MMYT against 132 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.
MMYT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MMYT reported negative net income in multiple years.
Each year in the past 5 years MMYT had a positive operating cash flow.
1.2 Ratios
MMYT has a Return On Assets (4.12%) which is comparable to the rest of the industry.
With an excellent Return On Equity value of 300.04%, MMYT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.25%, MMYT is in the better half of the industry, outperforming 70.45% of the companies in the same industry.
MMYT had an Average Return On Invested Capital over the past 3 years of 4.91%. This is significantly below the industry average of 10.42%.
The last Return On Invested Capital (9.25%) for MMYT is above the 3 year average (4.91%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.12% | ||
| ROE | 300.04% | ||
| ROIC | 9.25% |
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
Looking at the Profit Margin, with a value of 7.57%, MMYT is in the better half of the industry, outperforming 64.39% of the companies in the same industry.
MMYT has a Operating Margin of 14.06%. This is in the better half of the industry: MMYT outperforms 66.67% of its industry peers.
MMYT has a Gross Margin of 73.70%. This is amongst the best in the industry. MMYT outperforms 90.15% of its industry peers.
In the last couple of years the Gross Margin of MMYT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.06% | ||
| PM (TTM) | 7.57% | ||
| GM | 73.7% |
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 below the Cost of Capital (WACC), which means it is destroying value.
MMYT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MMYT has been increased compared to 5 years ago.
MMYT has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that MMYT is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.59, MMYT perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
MMYT has a debt to FCF ratio of 8.27. This is a slightly negative value and a sign of low solvency as MMYT would need 8.27 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.27, MMYT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
MMYT has a Debt/Equity ratio of 45.37. This is a high value indicating a heavy dependency on external financing.
MMYT has a worse Debt to Equity ratio (45.37) than 71.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 45.37 | ||
| Debt/FCF | 8.27 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.97
WACC9.54%
2.3 Liquidity
A Current Ratio of 1.91 indicates that MMYT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.91, MMYT belongs to the top of the industry, outperforming 84.09% of the companies in the same industry.
A Quick Ratio of 1.91 indicates that MMYT should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.91, MMYT belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.91 |
3. Growth
3.1 Past
MMYT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.41%.
The Revenue has grown by 14.55% in the past year. This is quite good.
MMYT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.85% yearly.
EPS 1Y (TTM)5.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%2.78%
Revenue 1Y (TTM)14.55%
Revenue growth 3Y47.65%
Revenue growth 5Y13.85%
Sales Q2Q%8.7%
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 15.53% yearly.
The Revenue is expected to grow by 18.42% on average over the next years. This is quite good.
EPS Next Y-8.49%
EPS Next 2Y9.44%
EPS Next 3Y15.53%
EPS Next 5YN/A
Revenue Next Year15.68%
Revenue Next 2Y17.59%
Revenue Next 3Y18.42%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 52.99 indicates a quite expensive valuation of MMYT.
MMYT's Price/Earnings ratio is in line with the industry average.
MMYT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.56.
Based on the Price/Forward Earnings ratio of 45.41, 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.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, MMYT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.99 | ||
| Fwd PE | 45.41 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MMYT indicates a rather expensive valuation: MMYT more expensive than 81.82% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as MMYT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.86 | ||
| EV/EBITDA | 47.89 |
4.3 Compensation for Growth
MMYT has a very decent profitability rating, which may justify a higher PE ratio.
MMYT's earnings are expected to grow with 15.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.44%
EPS Next 3Y15.53%
5. Dividend
5.1 Amount
No dividends for MMYT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:MMYT (12/15/2025, 11:22:53 AM)
82.66
+0.06 (+0.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96.82%
Inst Owner Change-2.48%
Ins Owners1.48%
Ins Owner ChangeN/A
Market Cap7.87B
Revenue(TTM)1.01B
Net Income(TTM)76.53M
Analysts86.25
Price Target114.35 (38.34%)
Short Float %7.48%
Short Ratio5.09
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)2
Avg EPS beat(2)13.56%
Min EPS beat(2)11.59%
Max EPS beat(2)15.52%
EPS beat(4)4
Avg EPS beat(4)17.62%
Min EPS beat(4)6.56%
Max EPS beat(4)36.8%
EPS beat(8)8
Avg EPS beat(8)34.85%
EPS beat(12)11
Avg EPS beat(12)36.83%
EPS beat(16)13
Avg EPS beat(16)-4.57%
Revenue beat(2)0
Avg Revenue beat(2)-12.16%
Min Revenue beat(2)-15.21%
Max Revenue beat(2)-9.11%
Revenue beat(4)0
Avg Revenue beat(4)-7.86%
Min Revenue beat(4)-15.21%
Max Revenue beat(4)-1.15%
Revenue beat(8)3
Avg Revenue beat(8)-3.85%
Revenue beat(12)5
Avg Revenue beat(12)-1.42%
Revenue beat(16)8
Avg Revenue beat(16)-0.28%
PT rev (1m)-5.27%
PT rev (3m)-6.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.02%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-2.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.99 | ||
| Fwd PE | 45.41 | ||
| P/S | 7.78 | ||
| P/FCF | 46.86 | ||
| P/OCF | 46.86 | ||
| P/B | 308.36 | ||
| P/tB | N/A | ||
| EV/EBITDA | 47.89 |
EPS(TTM)1.56
EY1.89%
EPS(NY)1.82
Fwd EY2.2%
FCF(TTM)1.76
FCFY2.13%
OCF(TTM)1.76
OCFY2.13%
SpS10.63
BVpS0.27
TBVpS-5.73
PEG (NY)N/A
PEG (5Y)N/A
Graham Number3.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.12% | ||
| ROE | 300.04% | ||
| ROCE | 11.25% | ||
| ROIC | 9.25% | ||
| ROICexc | 26.9% | ||
| ROICexgc | N/A | ||
| OM | 14.06% | ||
| PM (TTM) | 7.57% | ||
| GM | 73.7% | ||
| FCFM | 16.6% |
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 Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 45.37 | ||
| Debt/FCF | 8.27 | ||
| Debt/EBITDA | 6.83 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.13% | ||
| Profit Quality | 219.32% | ||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.91 | ||
| Altman-Z | 1.59 |
F-Score5
WACC9.54%
ROIC/WACC0.97
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)5.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%2.78%
EPS Next Y-8.49%
EPS Next 2Y9.44%
EPS Next 3Y15.53%
EPS Next 5YN/A
Revenue 1Y (TTM)14.55%
Revenue growth 3Y47.65%
Revenue growth 5Y13.85%
Sales Q2Q%8.7%
Revenue Next Year15.68%
Revenue Next 2Y17.59%
Revenue Next 3Y18.42%
Revenue Next 5YN/A
EBIT growth 1Y36.22%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year36.62%
EBIT Next 3Y33.12%
EBIT Next 5YN/A
FCF growth 1Y84.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y84.96%
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 for 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 6 / 10.
What is the financial health of MAKEMYTRIP LTD (MMYT) stock?
The financial health rating of MAKEMYTRIP LTD (MMYT) is 4 / 10.
What is the expected EPS growth for MAKEMYTRIP LTD (MMYT) stock?
The Earnings per Share (EPS) of MAKEMYTRIP LTD (MMYT) is expected to decline by -8.49% in the next year.