Is MakeMyTrip Stock a Good Investment?
MakeMyTrip Investment Advice | MMYT |
- Examine MakeMyTrip's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research MakeMyTrip's leadership team and their track record. Good management can help MakeMyTrip navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Resorts & Cruise Lines space and any emerging trends that could impact MakeMyTrip's business and its evolving consumer preferences.
- Compare MakeMyTrip's performance and market position to its competitors. Analyze how MakeMyTrip is positioned in terms of product offerings, innovation, and market share.
- Check if MakeMyTrip pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MakeMyTrip's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in MakeMyTrip Limited stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MakeMyTrip Limited is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine MakeMyTrip Stock
Researching MakeMyTrip's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 24.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years.
To determine if MakeMyTrip is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MakeMyTrip's research are outlined below:
| MakeMyTrip Limited had very high historical volatility over the last 90 days | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: MakeMyTrip stock to continue outperforming, says JPMorgan with Overweight rating |
MakeMyTrip uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MakeMyTrip Limited. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MakeMyTrip's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of May 2024 Upcoming Quarterly Report | View | |
| 6th of August 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 21st of May 2024 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact MakeMyTrip's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises MakeMyTrip's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-05-14 | 2015-03-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2011-11-08 | 2011-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2011-08-10 | 2011-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2011-02-09 | 2010-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2022-11-01 | 2022-09-30 | -0.08 | -0.06 | 0.02 | 25 | ||
2015-01-29 | 2014-12-31 | 0.03 | 0.01 | -0.02 | 66 | ||
2012-08-06 | 2012-06-30 | 0.07 | 0.05 | -0.02 | 28 | ||
2012-05-24 | 2012-03-31 | 0.06 | 0.08 | 0.02 | 33 |
Know MakeMyTrip's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MakeMyTrip is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MakeMyTrip Limited backward and forwards among themselves. MakeMyTrip's institutional investor refers to the entity that pools money to purchase MakeMyTrip's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wellington Management Company Llp | 2023-03-30 | 1.3 M | American Century Companies Inc | 2024-09-30 | 1.1 M | Keystone Investors Pte. Ltd | 2024-06-30 | 986.4 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 956.2 K | Polar Capital Holdings Plc | 2024-06-30 | 948.4 K | William Blair Investment Management, Llc | 2024-09-30 | 900.8 K | Pictet Asset Manangement Sa | 2024-06-30 | 745.3 K | Capital World Investors | 2024-09-30 | 740 K | Norges Bank | 2024-06-30 | 713.9 K | Fidelity International Ltd | 2024-06-30 | 4.6 M | Baillie Gifford & Co Limited. | 2024-09-30 | 3.9 M |
MakeMyTrip's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 12.53 B.Market Cap |
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MakeMyTrip's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.21 | 0.22 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.20 | 0.21 |
Determining MakeMyTrip's profitability involves analyzing its financial statements and using various financial metrics to determine if MakeMyTrip is a good buy. For example, gross profit margin measures MakeMyTrip's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MakeMyTrip's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in MakeMyTrip's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MakeMyTrip Limited. Check MakeMyTrip's Beneish M Score to see the likelihood of MakeMyTrip's management manipulating its earnings.
Evaluate MakeMyTrip's management efficiency
MakeMyTrip Limited has return on total asset (ROA) of 0.0324 % which means that it generated a profit of $0.0324 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.226 %, meaning that it created $0.226 on every $100 dollars invested by stockholders. MakeMyTrip's management efficiency ratios could be used to measure how well MakeMyTrip manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.22 in 2024. Return On Capital Employed is likely to gain to 0.05 in 2024. Non Current Liabilities Total is likely to gain to about 258.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 171.5 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.05 | 5.73 | |
| Tangible Book Value Per Share | 4.53 | 4.75 | |
| Enterprise Value Over EBITDA | 56.40 | 59.22 | |
| Price Book Value Ratio | 7.35 | 7.71 | |
| Enterprise Value Multiple | 56.40 | 59.22 | |
| Price Fair Value | 7.35 | 7.71 | |
| Enterprise Value | 7 B | 7.4 B |
The strategic vision of MakeMyTrip Limited management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 1.274 |
Basic technical analysis of MakeMyTrip Stock
As of the 1st of December, MakeMyTrip secures the Mean Deviation of 2.55, risk adjusted performance of 0.077, and Downside Deviation of 3.98. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MakeMyTrip Limited, as well as the relationship between them.MakeMyTrip's Outstanding Corporate Bonds
MakeMyTrip issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MakeMyTrip Limited uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MakeMyTrip bonds can be classified according to their maturity, which is the date when MakeMyTrip Limited has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand MakeMyTrip's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing MakeMyTrip's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.077 | |||
| Market Risk Adjusted Performance | 0.1661 | |||
| Mean Deviation | 2.55 | |||
| Semi Deviation | 3.66 | |||
| Downside Deviation | 3.98 | |||
| Coefficient Of Variation | 1106.47 | |||
| Standard Deviation | 3.7 | |||
| Variance | 13.66 | |||
| Information Ratio | 0.0531 | |||
| Jensen Alpha | 0.0592 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0494 | |||
| Treynor Ratio | 0.1561 | |||
| Maximum Drawdown | 19.27 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 5.8 | |||
| Downside Variance | 15.83 | |||
| Semi Variance | 13.38 | |||
| Expected Short fall | (2.53) | |||
| Skewness | (0.20) | |||
| Kurtosis | 2.24 |
| Risk Adjusted Performance | 0.077 | |||
| Market Risk Adjusted Performance | 0.1661 | |||
| Mean Deviation | 2.55 | |||
| Semi Deviation | 3.66 | |||
| Downside Deviation | 3.98 | |||
| Coefficient Of Variation | 1106.47 | |||
| Standard Deviation | 3.7 | |||
| Variance | 13.66 | |||
| Information Ratio | 0.0531 | |||
| Jensen Alpha | 0.0592 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0494 | |||
| Treynor Ratio | 0.1561 | |||
| Maximum Drawdown | 19.27 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 5.8 | |||
| Downside Variance | 15.83 | |||
| Semi Variance | 13.38 | |||
| Expected Short fall | (2.53) | |||
| Skewness | (0.20) | |||
| Kurtosis | 2.24 |
Consider MakeMyTrip's intraday indicators
MakeMyTrip intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MakeMyTrip stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MakeMyTrip Corporate Filings
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 7th of November 2024 Other Reports | ViewVerify | |
6K | 23rd of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 2nd of July 2024 Other Reports | ViewVerify |
MakeMyTrip Stock media impact
Far too much social signal, news, headlines, and media speculation about MakeMyTrip that are available to investors today. That information is available publicly through MakeMyTrip media outlets and privately through word of mouth or via MakeMyTrip internal channels. However, regardless of the origin, that massive amount of MakeMyTrip data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of MakeMyTrip news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of MakeMyTrip relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to MakeMyTrip's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MakeMyTrip alpha.
MakeMyTrip Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards MakeMyTrip can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
MakeMyTrip Limited Historical Investor Sentiment
Investor biases related to MakeMyTrip's public news can be used to forecast risks associated with an investment in MakeMyTrip. The trend in average sentiment can be used to explain how an investor holding MakeMyTrip can time the market purely based on public headlines and social activities around MakeMyTrip Limited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MakeMyTrip's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MakeMyTrip and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average MakeMyTrip news discussions. The higher the estimate score, the more favorable the investor's outlook on MakeMyTrip.
MakeMyTrip Corporate Management
| Sanjay Mohan | Group Officer | Profile | |
| Ravi Tyagi | Vice Administration | Profile | |
| Ankit Khanna | Growth Hotel | Profile | |
| Raj Singh | Chief Corporate | Profile | |
| Saujanya Shrivastava | Chief Marketing Officer | Profile |
Additional Tools for MakeMyTrip Stock Analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.