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Makemytrip Limited (MMYT)
NASDAQ:MMYT
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MMYT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.81 - $109.05
Previous Close$105.76
Volume354.27K
Average Volume (3M)651.35K
Market Cap
$11.61B
Enterprise Value$11.15B
Total Cash (Recent Filing)$484.41M
Total Debt (Recent Filing)$15.65M
Price to Earnings (P/E)53.7
Beta1.00
Next Earnings
Oct 29, 2024EPS Estimate
$0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.97
Shares Outstanding109,782,486
10 Day Avg. Volume495,744
30 Day Avg. Volume651,348
Standard Deviation0.13
R-Squared0.25
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)13.35
Price to Sales (P/S)19.31
Price to Cash Flow (P/CF)64.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue25.08
Enterprise Value/Gross Profit26.83
Enterprise Value/Ebitda253.90
Forecast
1Y Price Target
$110.00Price Target Upside4.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Makemytrip News
PremiumCompany Announcements
MakeMyTrip Shareholders Approve All Resolutions
PremiumCompany Announcements
MakeMyTrip Sets Annual Shareholder Meeting
PremiumCompany Announcements
MakeMyTrip Reports Robust Growth in Q1 2025
PremiumCompany Announcements
MakeMyTrip Hits Record Gross Bookings and RevenueBulls Say, Bears Say
Bulls Say
Financial PerformanceEBITDA margins have room to positively surprise as low competition and improving scale likely help margins.
International TravelInternational outbound is shaping up as a key growth and competitive edge for Makemytrip, likely helping it deliver growth across B2C and B2B channels.
Market ShareMMYT was able to deliver 17% gross booking growth and 23% adjusted revenue growth YoY, which clearly showed a diverging trend vs industry.
Bears Say
Air VolumesAir volumes for MMYT could see slight downside risk vs initial assumptions.
Marketing SpendMMYT may keep marketing spend around 5% of GMV despite lower competition, to maintain competitive pressure and avoid losing market share.
Passenger TrafficDaily passenger traffic data in September to date appears subdued.
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Ownership Overview
0.00% Insiders
25.40% Mutual Funds
33.95% Other Institutional Investors
40.66% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Makemytrip
Desktop Users
Mobile Users
MMYT FAQ
What was Makemytrip Limited’s price range in the past 12 months?
Makemytrip Limited lowest stock price was $36.81 and its highest was $109.05 in the past 12 months.
What is Makemytrip Limited’s market cap?
Currently, no data Available
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is Oct 29, 2024 which is in 40 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on Jul 23, 2024. The company reported $0.185 earnings per share for the quarter, missing the consensus estimate of $0.239 by -$0.054.
Is Makemytrip Limited overvalued?
According to Wall Street analysts Makemytrip Limited’s price is currently Undervalued.
Does Makemytrip Limited pay dividends?
Makemytrip Limited does not currently pay dividends.
What is Makemytrip Limited’s EPS estimate?
Makemytrip Limited’s EPS estimate is $0.21.
How many shares outstanding does Makemytrip Limited have?
Makemytrip Limited has 70,114,580 shares outstanding.
What happened to Makemytrip Limited’s price movement after its last earnings report?
Makemytrip Limited reported an EPS of $0.185 in its last earnings report, missing expectations of $0.239. Following the earnings report the stock price went up 8.134%.
Which hedge fund is a major shareholder of Makemytrip Limited?
Among the largest hedge funds holding Makemytrip Limited’s share is Pinpoint Asset Management Ltd. It holds Makemytrip Limited’s shares valued at 19M.
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Makemytrip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$110.00 (4.01% Upside)
$110.00 (4.01% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 64.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $30.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 5.0%
Last 30 Days ▲ 5.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
180.15%
12-Months-Change
Fundamentals
Return on Equity
22.20%
Trailing 12-Months
Asset Growth
22.42%
Trailing 12-Months
Company Description
Makemytrip Limited
MakeMyTrip Ltd. is an online travel company. Its services and products include air ticketing, hotels and packages, rail tickets, bus tickets, car hire, experiences and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing. The company's brands include MakeMyTrip, goibibo, and redbus. It operates through the following three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The Air Ticketing segment provides the facility to book domestic and international air tickets. The Hotels and Packages segment provides holiday packages and hotel reservations. The Bus Ticketing segment provides the facility to book domestic and international bus tickets. MakeMyTrip was founded by Deep Kalra and Rajesh Magow on April 28, 2000 and is headquartered in Gurgaon, India.
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MMYT Earnings Call
Q1 2024
0:00 / 0:00
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MMYT Stock 12 Month Forecast
Average Price Target
$110.00
▲(4.01% Upside)
Technical Analysis
Best Analysts Covering MMYT
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+51.89%
reiterated a buy rating 2 months ago
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