MakeMyTrip Stock Today

MMYT
 Stock
  

USD 29.69  0.96  3.34%   

Market Performance
0 of 100
Odds Of Distress
Less than 8
MakeMyTrip is selling for under 29.69 as of the 30th of November 2022; that is 3.34% increase since the beginning of the trading day. The stock's last reported lowest price was 29.22. MakeMyTrip has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for MakeMyTrip Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2022 and ending today, the 30th of November 2022. Click here to learn more.
CUSIP
V5633W109
Fiscal Year End
March
Business Domain
Retailing
IPO Date
12th of August 2010
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 65.61 M outstanding shares of which 2.19 M shares are now shorted by private and institutional investors with about 7.38 trading days to cover. More on MakeMyTrip Limited

Moving together with MakeMyTrip

+0.81BBBYBed Bath Beyond Normal TradingPairCorr
+0.66BIGBig Lots Earnings Call  TomorrowPairCorr

Moving against MakeMyTrip

-0.76AZOAutoZone Earnings Call  This WeekPairCorr
-0.53BBWBuild-A-Bear Workshop Earnings Call  TodayPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

MakeMyTrip Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MakeMyTrip's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MakeMyTrip or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MakeMyTrip Limited generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 303.92 M. Net Loss for the year was (45.41 M) with profit before overhead, payroll, taxes, and interest of 128.25 M.
About 70.0% of the company shares are owned by institutional investors
CEORajesh Magow
Fama & French Classification
Average Analyst Recommendation
Analysts covering MakeMyTrip report their recommendations after researching MakeMyTrip's financial statements, talking to executives and customers, or listening in on MakeMyTrip's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering MakeMyTrip Limited. The MakeMyTrip consensus assessment is calculated by taking the average forecast from all of the analysts covering MakeMyTrip.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of MakeMyTrip's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
MakeMyTrip Limited (MMYT) is traded on NASDAQ Exchange in USA and employs 3,338 people. MakeMyTrip is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MakeMyTrip's market, we take the total number of its shares issued and multiply it by MakeMyTrip's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. MakeMyTrip Limited conducts business under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. The entity has 65.61 M outstanding shares of which 2.19 M shares are now shorted by private and institutional investors with about 7.38 trading days to cover. MakeMyTrip Limited currently holds about 462.55 M in cash with 6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.24.
Check MakeMyTrip Probability Of Bankruptcy
Ownership
MakeMyTrip Limited maintains a total of sixty-five million six hundred six thousand outstanding shares. Over half of MakeMyTrip Limited outstanding shares are owned by institutional investors. These institutional investors are typically referred to corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in MakeMyTrip Limited. Please watch out for any change in the institutional holdings of MakeMyTrip Limited as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check MakeMyTrip Ownership Details

MakeMyTrip Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of MakeMyTrip jumping above the current price in 90 days from now is about 59.97%. The MakeMyTrip Limited probability density function shows the probability of MakeMyTrip stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.143. This indicates MakeMyTrip Limited market returns are related to returns on the market. As the market goes up or down, MakeMyTrip is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. MakeMyTrip Limited is significantly underperforming NYSE Composite.
  Odds Below 29.69HorizonTargetOdds Above 29.69
39.84%90 days
 29.69 
59.97%
Based on a normal probability distribution, the odds of MakeMyTrip to move above the current price in 90 days from now is about 59.97 (This MakeMyTrip Limited probability density function shows the probability of MakeMyTrip Stock to fall within a particular range of prices over 90 days) .

MakeMyTrip Limited Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MakeMyTrip market risk premium is the additional return an investor will receive from holding MakeMyTrip long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MakeMyTrip. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MakeMyTrip's alpha and beta are two of the key measurements used to evaluate MakeMyTrip's performance over the market, the standard measures of volatility play an important role as well.

MakeMyTrip Stock Against Markets

Picking the right benchmark for MakeMyTrip stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MakeMyTrip stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MakeMyTrip is critical whether you are bullish or bearish towards MakeMyTrip Limited at a given time.

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.

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MakeMyTrip Corporate Directors

MakeMyTrip corporate directors refer to members of a MakeMyTrip board of directors. The board of directors generally takes responsibility for the MakeMyTrip's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MakeMyTrip's board members must vote for the resolution. The MakeMyTrip board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gyaneshwarnath Gowrea - DirectorProfile
Jonathan Huang - Director - Investor RelationsProfile
Vivek Gour - Independent DirectorProfile
Philip Wolf - DirectorProfile

Invested in MakeMyTrip Limited?

The danger of trading MakeMyTrip Limited is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MakeMyTrip is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MakeMyTrip. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MakeMyTrip Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.
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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.
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
0.95
Return On Assets
0.0026
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.