84.71 USD
-0.8 (-0.94%)
We assign a fundamental rating of 4 out of 10 to MMYT. MMYT was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. MMYT has an average financial health and profitability rating. While showing a medium growth rate, MMYT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MMYT was profitable.
MMYT had a positive operating cash flow in the past year.
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 (4.12%) is better than 60.15% of its industry peers.
MMYT has a Return On Equity of 300.04%. This is amongst the best in the industry. MMYT outperforms 100.00% of its industry peers.
MMYT's Return On Invested Capital of 9.25% is fine compared to the rest of the industry. MMYT outperforms 70.68% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MMYT is significantly below the industry average of 10.41%.
The 3 year average ROIC (4.91%) for MMYT is below the current ROIC(9.25%), indicating increased profibility in the last year.
| 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
MMYT's Profit Margin of 7.57% is fine compared to the rest of the industry. MMYT outperforms 64.66% of its industry peers.
The Operating Margin of MMYT (14.06%) is better than 66.92% of its industry peers.
With an excellent Gross Margin value of 73.70%, MMYT belongs to the best of the industry, outperforming 90.23% of the companies in the same industry.
MMYT's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for MMYT has been increased compared to 1 year ago.
MMYT has more shares outstanding than it did 5 years ago.
MMYT has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.68, we must say that MMYT is in the distress zone and has some risk of bankruptcy.
MMYT has a Altman-Z score of 1.68. This is comparable to the rest of the industry: MMYT outperforms 52.63% of its industry peers.
The Debt to FCF ratio of MMYT is 8.27, which is on the high side as it means it would take MMYT, 8.27 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MMYT (8.27) is better than 67.67% of its industry peers.
A Debt/Equity ratio of 45.37 is on the high side and indicates that MMYT has dependencies on debt financing.
MMYT's Debt to Equity ratio of 45.37 is on the low side compared to the rest of the industry. MMYT is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 45.37 | ||
| Debt/FCF | 8.27 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.97
WACC9.55%
2.3 Liquidity
A Current Ratio of 1.91 indicates that MMYT should not have too much problems paying its short term obligations.
MMYT has a better Current ratio (1.91) than 84.21% of its industry peers.
MMYT has a Quick Ratio of 1.91. This is a normal value and indicates that MMYT is financially healthy and should not expect problems in meeting its short term obligations.
MMYT has a Quick ratio of 1.91. This is amongst the best in the industry. MMYT outperforms 84.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.91 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.41% over the past year.
Looking at the last year, MMYT shows a quite strong growth in Revenue. The Revenue has grown by 14.55% in the last year.
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
Based on estimates for the next years, MMYT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.53% on average per year.
Based on estimates for the next years, MMYT will show a quite strong growth in Revenue. The Revenue will grow by 18.28% on average per year.
EPS Next Y0.19%
EPS Next 2Y13.5%
EPS Next 3Y15.53%
EPS Next 5YN/A
Revenue Next Year14.89%
Revenue Next 2Y17.12%
Revenue Next 3Y18.28%
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
With a Price/Earnings ratio of 54.30, MMYT can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as MMYT.
MMYT is valuated expensively when we compare the Price/Earnings ratio to 26.50, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 43.26, MMYT can be considered very expensive at the moment.
MMYT's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.93, MMYT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.3 | ||
| Fwd PE | 43.26 |
4.2 Price Multiples
81.20% of the companies in the same industry are cheaper than MMYT, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MMYT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.02 | ||
| EV/EBITDA | 49.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of MMYT may justify a higher PE ratio.
A more expensive valuation may be justified as MMYT's earnings are expected to grow with 15.53% in the coming years.
PEG (NY)288.59
PEG (5Y)N/A
EPS Next 2Y13.5%
EPS Next 3Y15.53%
5. Dividend
5.1 Amount
MMYT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:MMYT (12/24/2025, 1:30:01 PM)
84.71
-0.8 (-0.94%)
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 Cap8.06B
Revenue(TTM)1.01B
Net Income(TTM)76.53M
Analysts86.25
Price Target113.84 (34.39%)
Short Float %7.25%
Short Ratio4.62
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)-5.69%
PT rev (3m)-7.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.7%
EPS NY rev (1m)9.48%
EPS NY rev (3m)-9.68%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-3.48%
Revenue NY rev (1m)-1.02%
Revenue NY rev (3m)-3.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.3 | ||
| Fwd PE | 43.26 | ||
| P/S | 7.97 | ||
| P/FCF | 48.02 | ||
| P/OCF | 48.02 | ||
| P/B | 316.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 49.52 |
EPS(TTM)1.56
EY1.84%
EPS(NY)1.96
Fwd EY2.31%
FCF(TTM)1.76
FCFY2.08%
OCF(TTM)1.76
OCFY2.08%
SpS10.63
BVpS0.27
TBVpS-5.73
PEG (NY)288.59
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 | 1.68 |
F-Score5
WACC9.55%
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 Y0.19%
EPS Next 2Y13.5%
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 Year14.89%
Revenue Next 2Y17.12%
Revenue Next 3Y18.28%
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 grow by 0.19% in the next year.