Ratings MakeMyTrip Limited

Equities

MMYT

MU0295S00016

Real-time Estimate Cboe BZX Other stock markets 10:53:41 2024-05-03 am EDT			5-day change	1st Jan Change
72.54 ^USD	+2.93%		+7.14%	+53.87%

Feb. 21	MakeMyTrip Shares Decline Following Macquarie Downgrade	MT
Feb. 21	Macquarie Downgrades MakeMyTrip to Neutral From Outperform, Adjusts Price Target to $60 From $50	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
According to Refinitiv, the company's ESG score for its industry is poor.

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
The company's profit outlook over the next few years is a strong asset.
Thanks to a sound financial situation, the firm has significant leeway for investment.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 115.08 times its estimated earnings per share for the ongoing year.
Based on current prices, the company has particularly high valuation levels.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Leisure & Recreation

	1st Jan change	Capi.	ESG Refinitiv
MAKEMYTRIP LIMITED	+50.00%	7.69B	D+
BOOKING HOLDINGS INC.	-2.09%	119B	C
TRIP.COM GROUP LIMITED	+41.46%	32.94B	C-
EXPEDIA GROUP, INC.	-10.34%	18.03B	C
TONGCHENG TRAVEL HOLDINGS LIMITED	+46.47%	6B	C+
TRIPADVISOR, INC.	+23.41%	3.7B	D+
FLIGHT CENTRE TRAVEL GROUP LIMITED	+0.69%	2.94B	C
WEBJET LIMITED	+11.44%	2.05B	C+
SEERA HOLDING GROUP	+1.30%	1.99B	D+
TRAINLINE PLC	-6.46%	1.72B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes