Why MAKEMYTRIP LTD (NASDAQ:MMYT) Is a Standout High-Growth Stock in a Consolidation Phase.

Last update: Apr 12, 2025

In this article, we'll take a closer look at MAKEMYTRIP LTD (NASDAQ:MMYT) as a potential candidate for growth investing. While it's important for investors to conduct their own research, MAKEMYTRIP LTD has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Understanding MMYT's Growth

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. MMYT has achieved a 8 out of 10:

MMYT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 74.12%, which is quite impressive.
MMYT shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.52%.
MMYT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.99% yearly.
The Earnings Per Share is expected to grow by 29.17% on average over the next years. This is a very strong growth
MMYT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.02% yearly.
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.

Health Assessment of MMYT

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. MMYT has received a 8 out of 10:

An Altman-Z score of 10.34 indicates that MMYT is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 10.34, MMYT belongs to the best of the industry, outperforming 97.79% of the companies in the same industry.
The Debt to FCF ratio of MMYT is 2.77, which is a good value as it means it would take MMYT, 2.77 years of fcf income to pay off all of its debts.
MMYT's Debt to FCF ratio of 2.77 is amongst the best of the industry. MMYT outperforms 82.35% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that MMYT is not too dependend on debt financing.
MMYT's Debt to Equity ratio of 0.19 is fine compared to the rest of the industry. MMYT outperforms 78.68% of its industry peers.
A Current Ratio of 2.88 indicates that MMYT has no problem at all paying its short term obligations.
MMYT's Current ratio of 2.88 is amongst the best of the industry. MMYT outperforms 92.65% of its industry peers.
MMYT has a Quick Ratio of 2.88. This indicates that MMYT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.88, MMYT belongs to the top of the industry, outperforming 93.38% of the companies in the same industry.

Profitability Insights: MMYT

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of MMYT, the assigned 5 is noteworthy for profitability:

Looking at the Return On Assets, with a value of 13.13%, MMYT belongs to the top of the industry, outperforming 89.71% of the companies in the same industry.
With a decent Return On Equity value of 20.06%, MMYT is doing good in the industry, outperforming 77.94% of the companies in the same industry.
MMYT's Profit Margin of 25.42% is amongst the best of the industry. MMYT outperforms 98.53% of its industry peers.
MMYT has a better Operating Margin (12.44%) than 61.76% of its industry peers.
With an excellent Gross Margin value of 71.67%, MMYT belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
In the last couple of years the Gross Margin of MMYT has grown nicely.

How does the Setup look for MMYT

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for MMYT is 7:

MMYT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 87.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MMYT in the last couple of days, which is a good sign.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

Check the latest full fundamental report of MMYT for a complete fundamental analysis.

For an up to date full technical analysis you can check the technical report of MMYT

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.