Makemytrip Limited Stock Gross Profit

MMYT Stock  USD 62.08  1.18  1.94%   
MakeMyTrip Limited fundamentals help investors to digest information that contributes to MakeMyTrip's financial success or failures. It also enables traders to predict the movement of MakeMyTrip Stock. The fundamental analysis module provides a way to measure MakeMyTrip's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MakeMyTrip stock.
Last ReportedProjected for Next Year
Gross Profit477.8 M501.7 M
Gross Profit Margin 0.63  0.46 
Gross Profit is likely to gain to about 501.7 M in 2024, whereas Gross Profit Margin is likely to drop 0.46 in 2024.
  
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MakeMyTrip Limited Company Gross Profit Analysis

MakeMyTrip's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current MakeMyTrip Gross Profit

    
  283.5 M  
Most of MakeMyTrip's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MakeMyTrip Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MakeMyTrip Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for MakeMyTrip is extremely important. It helps to project a fair market value of MakeMyTrip Stock properly, considering its historical fundamentals such as Gross Profit. Since MakeMyTrip's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MakeMyTrip's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MakeMyTrip's interrelated accounts and indicators.
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MakeMyTrip Gross Profit Historical Pattern

Today, most investors in MakeMyTrip Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MakeMyTrip's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MakeMyTrip gross profit as a starting point in their analysis.
   MakeMyTrip Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, MakeMyTrip Limited reported 283.5 M of gross profit. This is 98.15% lower than that of the Internet & Direct Marketing Retail sector and significantly higher than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 98.96% higher than that of the company.

MakeMyTrip Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MakeMyTrip's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MakeMyTrip could also be used in its relative valuation, which is a method of valuing MakeMyTrip by comparing valuation metrics of similar companies.
MakeMyTrip is currently under evaluation in gross profit category among related companies.

MakeMyTrip Current Valuation Drivers

We derive many important indicators used in calculating different scores of MakeMyTrip from analyzing MakeMyTrip's financial statements. These drivers represent accounts that assess MakeMyTrip's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MakeMyTrip's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.3B3.4B2.9B2.7B2.4B1.3B
Enterprise Value1.2B3.3B2.9B2.7B2.4B1.3B

MakeMyTrip Fundamentals

About MakeMyTrip Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MakeMyTrip Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MakeMyTrip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MakeMyTrip Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether MakeMyTrip Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MakeMyTrip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Makemytrip Limited Stock. Highlighted below are key reports to facilitate an investment decision about Makemytrip Limited Stock:
Check out MakeMyTrip Piotroski F Score and MakeMyTrip Altman Z Score analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.
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Is MakeMyTrip's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MakeMyTrip. If investors know MakeMyTrip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MakeMyTrip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
257.252
Earnings Share
0.46
Revenue Per Share
6.582
Quarterly Revenue Growth
0.256
Return On Assets
0.0246
The market value of MakeMyTrip Limited is measured differently than its book value, which is the value of MakeMyTrip that is recorded on the company's balance sheet. Investors also form their own opinion of MakeMyTrip's value that differs from its market value or its book value, called intrinsic value, which is MakeMyTrip's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MakeMyTrip's market value can be influenced by many factors that don't directly affect MakeMyTrip's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.