MMYT

MakeMyTrip Limited [MMYT] Stock Forecast

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MMYT Stock Summary

Earnings have grown 95.13% per last year.

Earnings are expected to rise 101.01% next year

EPS has been increasing for the past 3 years (Yearly statements)

EPS has been increasing for the past 3 quarters (Quarter statements)

EPS has increased from the previous quarter and is now positive. (Quarter statements)

Became profitable this year

MMYT has less than 1 year of cash runway

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In the News

06:21 29 Nov 2023 MMYT

MakeMyTrip: Gross Bookings Growth Encouraging

MakeMyTrip Limited has the potential for continued growth based on strong growth in gross bookings. I take a bullish view on MMYT. I also acknowledge that the company needs to keep showing strong growth in bookings, revenue, and earnings for the upside to continue from here.

09:46 29 Nov 2023 MMYT

4 Internet Delivery Services Stocks to Watch in a Flourishing Industry

The Zacks Internet - Delivery Services industry participants like GDDY, MMYT, QNST and ASUR are poised to benefit from surging smartphone and Internet penetration in emerging markets.

03:39 29 Nov 2023 MMYT

MakeMyTrip Limited (MMYT) Q2 2024 Earnings Call Transcript

MakeMyTrip Limited (NASDAQ:MMYT ) Q2 2024 Earnings Conference Call October 31, 2023 7:30 AM ET Company Participants Vipul Garg - Vice President of Investor Relations Rajesh Magow - Co-Founder, Group CEO & Director Mohit Kabra - Group Chief Financial Officer Sachin Salgaonkar - Bank of America Vijit Jain - Citi Gaurav Rateria - Morgan Stanley Ashwin Mehta - AMBIT Capital Aditya Chandrasekar - UBS Vipul Garg Hello, everyone. I'm Vipul Garg, Vice President, Investor Relations at MakeMytrip Limited, and welcome to our fiscal '24 second quarter earnings webinar.

09:46 29 Nov 2023 MMYT

MakeMyTrip (MMYT) Q2 Earnings Lag Estimates

MakeMyTrip (MMYT) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.07 per share a year ago.

02:30 29 Nov 2023 MMYT

MakeMyTrip Limited to report Fiscal 2024 Second Quarter Financial & Operating Results on October 31, 2023

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #Fiscal2024--MakeMyTrip Limited plans to report its fiscal 2024 second quarter financial and operating results before markets open on Tuesday, October 31, 2023.

05:17 29 Nov 2023 MMYT

Relative Strength Alert: Top Ranked Stocks Holding Up in a Weak Market

During periods of extended selling, like we have seen over the last few weeks, scanning for stocks showing relative strength can be a great place to look for future winners. Often the stocks that can attract buyers during a correction are the stocks that will outperform in the next move higher.

01:31 29 Nov 2023 MMYT

Buy These Chinese Tech Stocks as Risk to Reward Becomes Favorable

After the broader selloff among Chinese securities, there are better entry points being created for Alibaba (BABA), Vipshop Holdings (VIPS), and MakeMyTrip Limited's (MMYT) stock.

05:00 29 Nov 2023 MMYT

3 Travel Stocks Poised to Fly High in 2024

The global travel and tourism industry went through one of the worst phases during the pandemic. Companies faced slumps in revenue and they drained financial resources in a quest for survival.

08:42 29 Nov 2023 MMYT

Are These 3 Travel-Related Stocks Actionable After Big Rallies?

Sky-high rates for plane tickets? Overcrowded airports and full flights?

02:51 29 Nov 2023 MMYT

MakeMyTrip Limited: Earnings Growth And Impressive Balance Sheet (Rating Upgrade)

MakeMyTrip has continued to see strong growth in gross bookings and earnings. Continued growth in these metrics outside of peak travel season has been encouraging. The company's quick ratio and long-term debt to total assets ratio have also been impressive.

MMYT Financial details

Company Rating

Strong Buy

Market Cap

4.47B

Income

26.37M

Revenue

684.47M

Book val./share

7.77

Cash/share

4.04

Dividend

Dividend %

Employees

3.34K

Optionable

Shortable

Yes

Earnings

25 Jul 2023

P/E

-421.29

Forward P/E

37.12

PEG

26.74

P/S

7.45

P/B

5.3

P/C

10.38

P/FCF

137.7

Quick Ratio

1.21

Current Ratio

1.48

Debt / Equity

0.56

LT Debt / Equity

0.02

EPS (TTM)

0.24

EPS next Y

1.13

EPS next Q

0.31

EPS this Y

-76.19%

EPS next Y

367.72%

EPS next 5Y

435.96%

EPS last 5Y

-42.64%

Revenue last 5Y

4.06%

Revenue Q/Q

-14.25%

EPS Q/Q

-88.24%

SMA20

12.13%

SMA50

9.34%

SMA100

58.11%

Inst Own

38.98%

Inst Trans

0.92%

ROA

-1%

ROE

-1%

ROC

0.04%

Gross Margin

70%

Oper. Margin

Profit Margin

-2%

Payout

Shs Outstand

105.27M

Shs Float

53.39M

Target Price

52W Range

22.5-43.6

52W High

-2.47%

52W Low

+90.64%

RSI

55.55

Rel Volume

0.55

Avg Volume

610.89K

Volume

334.12K

Perf Week

-1.64%

Perf Month

3.35%

Perf Quarter

50.54%

Perf Half Y

59.59%

Beta

1.22695

Volatility

0.45%, 2.02%

Prev Close

-0.62%

Price

41.94

Change

-1.34%

MMYT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-03-31

Metric	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	6.73	4.67	4.86	1.53	2.8
Net income per share	-2.18	-1.61	-4.25	-0.52	-0.42
Operating cash flow per share	-1.25	-0.76	-1.07	0.6	0.06
Free cash flow per share	-1.37	-0.85	-1.19	0.52	-0.06
Cash per share	3.88	3	1.59	3.98	4.4
Book value per share	15.53	13.05	8.16	8.31	8.24
Tangible book value per share	4.1	2.77	1.33	1.59	1.94
Share holders equity per share	15.53	13.05	8.16	8.31	8.24
Interest debt per share	0.01	0.01	0.45	1.95	2.24
Market cap	3.48B	2.87B	1.26B	3.37B	2.91B
Enterprise value	3.3B	2.69B	1.15B	3.28B	2.91B
P/E ratio	-15.95	-17.09	-2.81	-60.18	-63.87
Price to sales ratio	5.16	5.9	2.46	20.64	9.58
POCF ratio	-27.76	-36.32	-11.16	52.27	485.21
PFCF ratio	-25.32	-32.35	-10.02	60.49	-420.99
P/B Ratio	2.24	2.11	1.47	3.8	3.25
PTB ratio	2.24	2.11	1.47	3.8	3.25
EV to sales	4.88	5.53	2.25	20.08	9.59
Enterprise value over EBITDA	-17.53	-19.02	-9.59	-144.3	318.49
EV to operating cash flow	-26.27	-34.08	-10.23	50.86	485.76
EV to free cash flow	-23.96	-30.35	-9.19	58.86	-421.46
Earnings yield	-0.06	-0.06	-0.36	-0.02	-0.02
Free cash flow yield	-0.04	-0.03	-0.1	0.02	0
Debt to equity	0.13	0.16	0.26	0.47	0.48
Debt to assets	0.12	0.14	0.2	0.32	0.32
Net debt to EBITDA	0.99	1.25	0.87	4.01	0.36
Current ratio	2.7	2.15	1.55	2.58	3.09
Interest coverage	-520	-511.51	-7.34	-14.11	-0.77
Income quality	0.57	0.47	0.25	-1.15	-0.13
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.2	0.28	0.25	0.65	0.38
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.65	0.68	0.67	0.55	0.52
Capex to operating cash flow	0.1	0.12	0.11	-0.14	-2.15
Capex to revenue	-0.02	-0.02	-0.02	-0.05	-0.04
Capex to depreciation	-0.41	-0.36	-0.38	-0.27	-0.44
Stock based compensation to revenue	0.07	0.08	0.08	0.22	0.12
Graham number	27.57	21.77	27.95	9.91	8.83
ROIC	-0.17	-0.13	-0.21	-0.09	-0.02
Return on tangible assets	-0.35	-0.33	-1.24	-0.1	-0.07
Graham Net	2.38	1.35	-0.09	0.24	0.72
Working capital	340.61M	236.08M	99.15M	306.99M	400.15M
Tangible asset value	411.42M	288.49M	140.3M	170.28M	210.82M
Net current asset value	334.06M	227.73M	58.1M	83.36M	165.1M
Invested capital	0	0	0.03	0.23	0.24
Average receivables	54.35M	64.22M	56.39M	41.52M	30.54M
Average payables	56.86M	72.01M	69.98M	62.16M	58.2M
Average inventory	423.5K	601K	321K	38K	25.5K
Days sales outstanding	39.74	41.25	41.28	56.23	43.13
Days payables outstanding	155.26	145.66	167.33	876.68	390.33
Days of inventory on hand	1.24	1.28	0.09	0.65	0.07
Receivables turnover	9.19	8.85	8.84	6.49	8.46
Payables turnover	2.35	2.51	2.18	0.42	0.94
Inventory turnover	295.1	286.16	4.29K	557.7	5.34K
ROE	-0.14	-0.12	-0.52	-0.06	-0.05
Capex per share	-0.12	-0.09	-0.12	-0.08	-0.12

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q3

Metric	2021-12-31	2022-03-31	2022-06-30	2022-09-30	2022-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	1.06	0.82	1.31	1.2	1.55
Net income per share	-0.08	-0.04	-0.09	-0.06	0
Operating cash flow per share	0.05	-0.02	-0.08	0.04	-0.08
Free cash flow per share	0.05	-0.02	-0.08	0.04	-0.08
Cash per share	4.24	4.39	4.24	4.2	4.04
Book value per share	8.28	8.23	7.96	7.76	7.77
Tangible book value per share	8.3	1.94	8.01	7.83	7.83
Share holders equity per share	8.28	8.23	7.96	7.76	7.77
Interest debt per share	2.01	2.07	2.16	2.18	2.2
Market cap	3.01B	2.92B	2.8B	3.37B	3.03B
Enterprise value	3.05B	2.92B	2.77B	3.32B	3.03B
P/E ratio	-83.31	-179.75	-69.98	-124.24	4.35K
Price to sales ratio	26.17	32.92	19.63	25.66	17.76
POCF ratio	559.3	-1.7K	-336.73	747.33	-364.06
PFCF ratio	559.3	-1.7K	-336.73	747.33	-364.06
P/B Ratio	3.35	3.26	3.23	3.96	3.55
PTB ratio	3.35	3.26	3.23	3.96	3.55
EV to sales	26.48	32.96	19.39	25.28	17.78
Enterprise value over EBITDA	906.73	237.66	214.94	241.64	175.32
EV to operating cash flow	565.8	-1.71K	-332.66	736.39	-364.51
EV to free cash flow	565.8	-1.71K	-332.66	736.39	-364.51
Earnings yield	0	0	0	0	0
Free cash flow yield	0	0	0	0	0
Debt to equity	0.48	0.48	0.51	0.55	0.56
Debt to assets	0.32	0.32	0.33	0.35	0.36
Net debt to EBITDA	10.42	0.27	-2.63	-3.59	0.22
Current ratio	2.72	3.09	2.97	2.72	2.78
Interest coverage	-0.85	0.6	0.37	0.49	0.98
Income quality	-0.59	0.42	0.83	-0.66	-47.82
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.26	0.34	0.22	0.25	0.19
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0.52	0.5	0.48	0.47
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	3.94	2.63	4.05	3.28	0.53
ROIC	0	0.01	0.01	0.01	-0.01
Return on tangible assets	-0.01	-0.01	-0.02	-0.01	0
Graham Net	0.47	0.72	0.56	0.35	0.21
Working capital	356.08M	400.15M	402.37M	402.78M	416.34M
Tangible asset value	901.95M	210.82M	216.17M	219.33M	233.19M
Net current asset value	129.8M	165.1M	166.67M	166.38M	174.85M
Invested capital	0.24	0.24	0.25	0.26	0.27
Average receivables	28.5M	34M	43.56M	57.57M	69.2M
Average payables	59.93M	62.95M	68.34M	74.14M	84.66M
Average inventory	11.5K	10.5K	38.5K	52K	27K
Days sales outstanding	25.11	36.48	32.29	43.84	39.3
Days payables outstanding	186.47	330.28	153.33	207.59	144.44
Days of inventory on hand	0.03	0.06	0.14	0.11	0.02
Receivables turnover	3.58	2.47	2.79	2.05	2.29
Payables turnover	0.48	0.27	0.59	0.43	0.62
Inventory turnover	3.04K	1.56K	656.76	849.29	3.7K
ROE	-0.01	0	-0.01	-0.01	0
Capex per share	0	0	0	0	0

MMYT Frequently Asked Questions

What is MakeMyTrip Limited stock symbol ?

MakeMyTrip Limited is a IN stock and trading under the symbol MMYT

Is MakeMyTrip Limited buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $42. The lowest prediction is $42 and the highest is $42

What is MMYT stock prediction ?

What is MakeMyTrip Limited stock quote today ?

MakeMyTrip Limited stock price is $41.94 today.

Is MakeMyTrip Limited stock public?

Yes, MakeMyTrip Limited is a publicly traded company.

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Company Profile

Volume Average 610.89K
Market Capitalization 4.47B
Employee 3.34K
CEO Mr. Rajesh Magow
Headquarters Gurugram,IN
IPO Date 2010-08-12
Website https://www.makemytrip.com

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.