QualityDipStocks / Consumer Discretionary · Transportation Services
MakeMyTrip MMYT
Outside our quality screen, so we don’t track its dips. It’s 47% below its 52-week high.
Outside our quality screen. No fair value estimate for now: its filings are too old.
Worth knowing
- Share count down 7% in 2 years
From the data on this page, as of the last close. How we pick these
- Fair value est.
- n/a
- Market Value
- —
- Off 52-wk high
- −47%
- Risk vs market
- Above marketbeta 1.17
4 bullish · 5 bearish See why
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
No estimate for MMYT: Latest cash-flow data in SEC XBRL ends 2025-03-31, too old to use. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much MMYT moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings more than the market, and its own price swings are 4.3× the S&P 500’s.
- Beta vs S&P 500
- 1.17
- Volatility
- 55% vs 13% SPY
- Correlation SPY
- 0.27
- Correlation QQQ
- 0.16
How it ranks
Where MMYT stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Not in the top quarter on any of these 4 measures
- Free cash flow yield4.1% · free cash flow vs market capTop 49%of 1,391
- Dividends + buybacks yield2.1% · cash paid out or used to retire shares, vs market capLowest 42%of 1,836
- Revenue growth, last 12 months+6.7% · vs the 12 months beforeLowest 37%of 1,814
- Operating margin15% · of sales kept as operating profitTop 40%of 1,288
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
FCF value $10.60
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
Balance sheetNet cash of $419M: cash and short-term investments exceed debt (Mar 31, 2026).
GrowthSales compounded 21% a year from FY2023 to FY2026.
ProfitabilityOperating margin widened to 14.9% in FY2026 from 8.3% in FY2024 (SEC filings).
ProfitabilityGross margin of 74%, above the 37% median for the 254 Consumer Discretionary companies we cover.
Top bearish points 5 of 5
GrowthDiluted EPS fell 52% to $0.83 in FY2025.
ValuationP/E of 83.0× vs a 20.7× median for the 341 Consumer Discretionary companies we cover.
Balance sheetOperating income covers interest only 1.5× over the last 12 months.
GrowthSales growth slowed to 7% over the last 12 months, from 21% a year over the prior three fiscal years.
QualityDoesn’t pass our quality screen: net debt 3.7× EBITDA (limit 3×).
All fundamentals
P/E 83.0 · FCF yield 4.1% · ROE 9%
Valuation
- P/E
- 83.0×Consumer Discretionary median 20.7×
- Price / FCF
- 24.2×
- FCF yield
- 4.1%
- EV / EBITDA
- 21.1×
- Price / sales
- 4.12×
- Price / book
- n/anot reported in its SEC filings
- Market cap
- $4.3Blisted
- Enterprise value
- $3.9B
Growth
- Revenue, 12 months
- $1.0B
- Sales growth, 12 months
- +6.7%vs the 12 months before
- Sales growth, 3 yrs
- +20.7%/yrfrom FY2023
- Diluted EPS, 12 months
- n/anot reported in its SEC filings
- EPS growth, last FY
- −52.3%
- Net income, 12 months
- $52M
- Net income growth
- −46%12 months vs before
Profitability
- Gross margin
- 73.8%
- Operating margin
- 14.9%
- Net margin
- 5.0%
- FCF margin
- 17.1%
- Return on equity
- 9%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $425M
- Total debt
- $6M
- Net cash
- $419M
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- 1.5×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $178M
- FCF growth, 12 months
- −2%
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- $92M2.1% of market cap
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Mar 31, 2026; balance sheet at Mar 31, 2026. From MakeMyTrip’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $0.0B · Sales +2%
- Free cash flow, 12 months$0.0B
- Free-cash-flow yield4.1%
- Free-cash-flow margin3%
- Gross margin59%
- Operating margin16%
- Return on invested capital23%
- Sales growth (latest quarter vs year-ago quarter)+2%
- Net debt / EBITDA3.7×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $45.60
- 52-wk lowlowest close, 1 year$36.30−20.4%
- PriceMon Nov 2 close$45.60you are here
- 52-wk highhighest close, 1 year$86.39+89.5%
Momentum & 52-week range
RSI 52 · 5 days +10.7%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
MMYT is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on MakeMyTrip in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Transportation Services
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.