86.28 USD
-0.11 (-0.13%)
86.28 USD
0 (0%)
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. MMYT is quite expensive at the moment. It does show a decent growth rate.
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.
The Return On Equity of MMYT (300.04%) is better than 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 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
MMYT has a better Profit Margin (7.57%) than 64.66% of its industry peers.
MMYT has a Operating Margin of 14.06%. This is in the better half of the industry: MMYT outperforms 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.
MMYT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MMYT has more shares outstanding
The debt/assets ratio for MMYT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.71, we must say that MMYT is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.71, MMYT is in line with its industry, outperforming 52.63% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 8.27, MMYT is doing good in the industry, outperforming 67.67% 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.
Looking at the Debt to Equity ratio, with a value of 45.37, MMYT is doing worse than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 45.37 | ||
| Debt/FCF | 8.27 | ||
| Altman-Z | 1.71 |
ROIC/WACC0.97
WACC9.55%
2.3 Liquidity
MMYT has a Current 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 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
MMYT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.41%.
MMYT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.55%.
The Revenue has been growing by 13.85% on average over the past years. This is quite good.
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.
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
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
With a Price/Earnings ratio of 55.31, MMYT can be considered very expensive at the moment.
MMYT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.61. MMYT is valued rather expensively when compared to this.
MMYT is valuated quite expensively with a Price/Forward Earnings ratio of 44.06.
The rest of the industry has a similar Price/Forward Earnings ratio as MMYT.
The average S&P500 Price/Forward Earnings ratio is at 24.01. MMYT is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.31 | ||
| Fwd PE | 44.06 |
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 81.20% 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 | 48.91 | ||
| EV/EBITDA | 50.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MMYT does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of MMYT 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)293.94
PEG (5Y)N/A
EPS Next 2Y13.5%
EPS Next 3Y15.53%
5. Dividend
5.1 Amount
No dividends for MMYT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
86.28
-0.11 (-0.13%)
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 Cap8.21B
Revenue(TTM)1.01B
Net Income(TTM)76.53M
Analysts86.25
Price Target113.84 (31.94%)
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 | 55.31 | ||
| Fwd PE | 44.06 | ||
| P/S | 8.12 | ||
| P/FCF | 48.91 | ||
| P/OCF | 48.91 | ||
| P/B | 321.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 50.02 |
EPS(TTM)1.56
EY1.81%
EPS(NY)1.96
Fwd EY2.27%
FCF(TTM)1.76
FCFY2.04%
OCF(TTM)1.76
OCFY2.04%
SpS10.63
BVpS0.27
TBVpS-5.73
PEG (NY)293.94
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 | 1.71 |
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.