Makemytrip Stock Story

MMYT

Stock

USD 32.26 0.58 1.83%

Macroaxis Story

Makemytrip Free Cash Flow per Share is comparatively stable at the moment as compared to the past year. Makemytrip reported Free Cash Flow per Share of 0.54 in 2021. Price to Book Value is likely to gain to 3.60 in 2022, whereas Earnings before Tax are likely to drop (58.8 M) in 2022. As many of us are excited about consumer cyclical space, it is fair to review Makemytrip. We will analyze why Makemytrip investors may still consider a stake in the business. In this post, I will also go over some essential variables affecting Makemytrip's products, and show how it may impact the firm outlook for active traders this year.

Published over two months ago

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Is Makemytrip overvalued?

Makemytrip has performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.0445, which conveys a somewhat significant risk relative to the market. Let's try to break down what Makemytrip's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Makemytrip will likely underperform. Although it is extremely important to respect Makemytrip price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Makemytrip technical indicators, you can presently evaluate if the expected return of 0.16% will be sustainable into the future. Makemytrip right now secures a risk of 4.58%. Please verify Makemytrip maximum drawdown, as well as the relationship between the skewness and day typical price to decide if Makemytrip will be following its current price movements.

How important is Makemytrip's Liquidity

Makemytrip financial leverage refers to using borrowed capital as a funding source to finance Makemytrip ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Makemytrip financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Makemytrip's total debt and its cash.

How does Makemytrip utilize its cash?

To perform a cash flow analysis of Makemytrip, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Makemytrip is receiving and how much cash it distributes out in a given period. The Makemytrip cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Makemytrip Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Makemytrip reported Net Cash Flow from Operations of 6 Million in 2021

What did Makemytrip file with SEC?

The SEC filings are financial statements or other formal documents of Makemytrip that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.

Please check here for more information.

Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Makemytrip shareholders may or may not be submitted as SEC does not always require it.

	29th of July 2022 Other Events	View
	18th of April 2022 Unclassified Corporate Event	View

Details

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Makemytrip has an asset utilization ratio of 73.46 percent. This implies that the company is making $0.73 for each dollar of assets. An increasing asset utilization means that Makemytrip is more efficient with each dollar of assets it utilizes for everyday operations.

Makemytrip is expecting lower volatility in June

Makemytrip newest standard deviation boosts over 4.5. Makemytrip exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Makemytrip individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Makemytrip future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Makemytrip's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Makemytrip's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Makemytrip Implied Volatility

Makemytrip's implied volatility exposes the market's sentiment of Makemytrip stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Makemytrip's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Makemytrip stock will not fluctuate a lot when Makemytrip's options are near their expiration.

Our Final Perspective on Makemytrip

Whereas some other firms under the travel services industry are still a bit expensive, Makemytrip may offer a potential longer-term growth to private investors. Taking everything into account, as of the 25th of May 2022, we believe that at this point, Makemytrip is not too volatile with low odds of financial turmoil within the next 2 years. From a slightly different point of view, the entity appears to be undervalued. Our concluding 90 days Buy-Hold-Sell recommendation on the firm is Hold.

Editorial Staff

Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Makemytrip. Please refer to our Terms of Use for any information regarding our disclosure principles.

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