Makemytrip Limited Stock Short Ratio
| MMYT Stock | USD 65.54 0.34 0.52% |
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.
MakeMyTrip | Short Ratio |
MakeMyTrip Limited Company Short Ratio Analysis
MakeMyTrip's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current MakeMyTrip Short Ratio | 5.27 X |
Most of MakeMyTrip's fundamental indicators, such as Short Ratio, 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 Short Ratio 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 Short Ratio. 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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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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MakeMyTrip Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, MakeMyTrip Limited has a Short Ratio of 5.27 times. This is 9.76% lower than that of the Internet & Direct Marketing Retail sector and significantly higher than that of the Consumer Discretionary industry. The short ratio for all United States stocks is 31.75% lower than that of the firm.
MakeMyTrip Short Ratio 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 Short Ratio 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 short ratio 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.3B | 3.4B | 2.9B | 2.7B | 2.4B | 1.3B | |
| Enterprise Value | 1.2B | 3.3B | 2.9B | 2.7B | 2.4B | 1.3B |
MakeMyTrip Institutional Holders
Institutional Holdings refers to the ownership stake in MakeMyTrip that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MakeMyTrip's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MakeMyTrip's value.| Shares | Capital International Inc /ca/ | 2023-12-31 | 1.3 M | Coronation Fund Managers Ltd | 2023-12-31 | 1.1 M | Capital World Investors | 2023-12-31 | 1 M | Polar Capital Holdings Plc | 2023-12-31 | 915.5 K | Jennison Associates Llc | 2023-12-31 | 898.5 K | Pictet Asset Manangement Sa | 2023-12-31 | 876 K | Marshall Wace Asset Management Ltd | 2023-12-31 | 856.6 K | Amvescap Plc. | 2023-12-31 | 810.4 K | American Century Companies Inc | 2023-12-31 | 798.2 K | Fidelity International Ltd | 2023-12-31 | 6.1 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 4 M |
MakeMyTrip Fundamentals
| Return On Equity | 0.0558 | ||||
| Return On Asset | 0.0246 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 6.54 B | ||||
| Shares Outstanding | 69.4 M | ||||
| Shares Owned By Insiders | 25.00 % | ||||
| Shares Owned By Institutions | 84.91 % | ||||
| Number Of Shares Shorted | 4.08 M | ||||
| Price To Earning | (9.51) X | ||||
| Price To Book | 7.99 X | ||||
| Price To Sales | 10.28 X | ||||
| Revenue | 593.04 M | ||||
| Gross Profit | 283.5 M | ||||
| EBITDA | 61.98 M | ||||
| Net Income | (11.17 M) | ||||
| Cash And Equivalents | 462.55 M | ||||
| Cash Per Share | 4.24 X | ||||
| Total Debt | 235.16 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 2.97 X | ||||
| Book Value Per Share | 8.43 X | ||||
| Cash Flow From Operations | 32.06 M | ||||
| Short Ratio | 5.27 X | ||||
| Earnings Per Share | 0.46 X | ||||
| Price To Earnings To Growth | (0.21) X | ||||
| Target Price | 65.44 | ||||
| Number Of Employees | 4.09 K | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 7.11 B | ||||
| Total Asset | 1.36 B | ||||
| Retained Earnings | (1.23 B) | ||||
| Working Capital | 218.25 M | ||||
| Current Asset | 282 M | ||||
| Current Liabilities | 124.08 M | ||||
| Net Asset | 1.36 B |
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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Try AI Portfolio ArchitectCheck out MakeMyTrip Piotroski F Score and MakeMyTrip Altman Z Score analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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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.