# MakeMyTrip Z Score

MMYT
Stock

## USD 29.690.963.34%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, see MakeMyTrip Piotroski F Score and MakeMyTrip Valuation analysis.
 MakeMyTrip

## MakeMyTrip Z Score Analysis

MakeMyTrip's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 Z Score = Sum Of 5 Factors
More About Z Score | All Equity Analysis

### Current MakeMyTrip Z Score

7.4
Most of MakeMyTrip's fundamental indicators, such as Z Score, 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.
 First Factor = 1.2 * ( Working Capital / Total Assets )
 Second Factor = 1.4 * ( Retained Earnings / Total Assets )
 Thrid Factor = 3.3 * ( EBITAD / Total Assets )
 Fouth Factor = 0.6 * ( Market Value of Equity / Total Liabilities )
 Fifth Factor = 0.99 * ( Revenue / Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
 Compare to competition Predict MakeMyTrip
Based on the company's disclosures, MakeMyTrip Limited has a Z Score of 7.4. This is 129.1% higher than that of the Internet & Direct Marketing Retail sector and significantly higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 15.14% higher than that of the company.

## MakeMyTrip Z Score 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 Z Score 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 z score category among related companies.

## MakeMyTrip Fundamentals

 Return On Equity (0.0339) % Return On Asset 0.0026 % Profit Margin (0.06) % Operating Margin 0.0117 % Current Valuation 2.79 B Shares Outstanding 65.61 M Shares Owned by Insiders 26.98 % Shares Owned by Institutions 69.85 % Number of Shares Shorted 2.19 M Price to Earning (9.51) X Price to Book 3.55 X Price to Sales 6.54 X Revenue 303.92 M Gross Profit 128.25 M EBITDA (1.84 M) Net Income (45.41 M) Cash and Equivalents 462.55 M Cash per Share 4.24 X Total Debt 213.81 M Debt to Equity 0.25 % Current Ratio 2.97 X Book Value Per Share 7.76 X Cash Flow from Operations 6 M Short Ratio 7.38 X Earnings Per Share (0.42) X Price to Earnings To Growth (0.21) X Target Price 39.78 Number of Employees 3.34 K Beta 1.18 Market Capitalization 3.13 B Total Asset 1.32 B Retained Earnings (630 M) Working Capital 157.93 M Current Asset 282 M Current Liabilities 124.08 M Z Score 7.4 Net Asset 1.32 B

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.
MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India. Makemytrip operates under Travel Services classification in the United States and is traded on NASDAQ Exchange. It employs 3338 people.

## Be your own money manager

Our tools can tell you how much better you can do entering a position in MakeMyTrip without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

## Did you try this?

### Run Crypto Correlations Now

#### Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
 All  Next Launch Module

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as MakeMyTrip Limited using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

## Build Optimal Portfolios

### Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see MakeMyTrip Piotroski F Score and MakeMyTrip Valuation analysis. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

## Complementary Tools for analysis

When running MakeMyTrip Limited 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 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.
 Equity SearchSearch for actively traded equities including funds and ETFs from over 30 global markets Go Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated Go Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation Go Financial WidgetsEasily integrated Macroaxis content with over 30 different plug-and-play financial widgets Go Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital Go Stock TickersUse high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites Go Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope Go Focused OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences Go Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments Go Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings Go Price TransformationUse Price Transformation models to analyze depth of different equity instruments across global markets Go Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance Go
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.
 Market Capitalization3.1 B Quarterly Revenue Growth YOY0.95 Return On Assets0.0026 Return On Equity(0.0339)
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 MakeMyTrip value 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.