MakeMyTrip Limited (MMYT) Stock Analysis — PE Ratio, PS Ratio, Intrinsic Value & 2030 Price Target
MakeMyTrip Limited stock (MMYT) is currently trading at $39.11. MakeMyTrip Limited PE ratio is 76.75. MakeMyTrip Limited PS ratio (Price-to-Sales) is 3.65. Analyst consensus price target for MMYT is $101.90. WallStSmart rates MMYT as Sell.
- MMYT PE ratio analysis and historical PE chart
- MMYT PS ratio (Price-to-Sales) history and trend
- MMYT intrinsic value — DCF, Graham Number, EPV models
- MMYT stock price prediction 2025 2026 2027 2028 2029 2030
- MMYT fair value vs current price
- MMYT insider transactions and insider buying
- Is MMYT undervalued or overvalued?
- MakeMyTrip Limited financial analysis — revenue, earnings, cash flow
- MMYT Piotroski F-Score and Altman Z-Score
- MMYT analyst price target and Smart Rating
MakeMyTrip
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MMYT Intrinsic Value Analysis for Value Investors
Benjamin Graham Formula · MakeMyTrip Limited (MMYT)
MMYT trades 1579% above its Graham fair value of $3.54, indicating the stock may be overvalued at current levels.
Based on Benjamin Graham Formula. Growth rate capped at 25%. For informational purposes only. Not financial advice.
Smart Analysis
MakeMyTrip Limited (MMYT) · 10 metrics scored
Smart Score
Category Performance
WallStSmart pulls financial metrics like revenue growth, profit margins, and valuation ratios and scores each one from 0 to 10 based on how strong or weak it is. Those 10 scores are grouped into 4 categories: Growth, Profitability, Valuation, and Quality — which form the 4 axes of the spider chart you see. The categories are then combined into a final score out of 100, but not equally. Growth and Profitability together count for 60% of the total, because a fast-growing profitable business matters more than just a cheap one. That final number maps to a rating (Strong Buy, Buy, Hold, Avoid) and a letter grade, giving you one clear Stock Rating.
Investment Thesis
Strong fundamentals in institutional own.. Concerns around peg ratio and return on equity. Mixed signals suggest waiting for clearer direction before acting.
MakeMyTrip Limited (MMYT) Key Strengths (2)
108.86% of shares held by major funds and institutions
Mid-cap company balancing growth potential with stability
Supporting Valuation Data
MakeMyTrip Limited (MMYT) Areas to Watch (8)
PEG ratio is negative or unavailable
Earnings declining -69.60%, profits shrinking
Very expensive at 277.8x book value
Low profitability relative to shareholder equity
Thin operating margins with cost pressures present
Thin profit margins with limited profitability
Revenue is fairly priced at 3.65x sales
Solid revenue growth at 10.60% per year
Supporting Valuation Data
MakeMyTrip Limited (MMYT) Detailed Analysis Report
Overall Assessment
This company scores 40/100 in our Smart Analysis, earning a F grade. Out of 10 metrics analyzed, 2 register as strengths (avg 8.5/10) while 8 fall into concern territory (avg 3.1/10). The category breakdown reveals uneven performance, with some areas requiring attention.
The Bull Case
The strongest argument centers on Institutional Own., Market Cap.
The Bear Case
The primary concerns are PEG Ratio, EPS Growth, Price/Book. Some valuation metrics including PEG Ratio (N/A), Price/Sales (3.65), Price/Book (277.84) suggest expensive pricing. Growth concerns include Revenue Growth at 10.60%, EPS Growth at -69.60%, which may limit upside. Profitability pressure is visible in Return on Equity at 9.55%, Operating Margin at 13.80%, Profit Margin at 5.46%.
Key Dynamics to Monitor
Three factors to monitor going forward. First, whether PEG Ratio improves, as this is the primary drag on the overall score. Second, margin trajectory, with Return on Equity at 9.55% needing improvement to support the investment thesis. Third, growth sustainability, with Revenue Growth at 10.60% needing to reaccelerate.
Risk Considerations
Based on the metric profile, this is a higher risk investment. There are more areas of concern than strength, warranting a more conservative position size. Investors should size positions according to their risk tolerance and maintain diversification.
Bottom Line
Fundamental challenges outweigh strengths at current levels. PEG Ratio and EPS Growth are the primary drags. Consider waiting for meaningful improvement before committing capital.
Disclaimer: Smart Analysis is a scoring system developed by WallStSmart Team. Scores update daily using multi-model valuation framework. Always conduct your own research and consult with financial advisors before making investment decisions.
MMYT Price-to-Sales(PS) Ratio Chart
Historical valuation based on market cap ÷ trailing 12-month revenue
MMYT's Price-to-Sales ratio of 3.65x trades at a deep discount to its historical average of 8.8x (7th percentile). The current valuation is 91% below its historical high of 41.86x set in Sep 2010, and 55% above its historical low of 2.36x in Apr 2020. Over the past 12 months, the PS ratio has compressed from ~11.8x as trailing revenue scaled faster than the stock price.
WallStSmart Analysis Synopsis
Data-driven financial summary for MakeMyTrip Limited (MMYT) · CONSUMER CYCLICAL › TRAVEL SERVICES
The Big Picture
MakeMyTrip Limited operates as a stable business with moderate growth and solid fundamentals. Revenue reached 1.0B with 11% growth year-over-year. Profit margins are thin at 5.5%, typical for companies in this phase that are reinvesting heavily in growth.
Key Findings
ROE of 955.0% means the company generates strong returns on shareholder equity. Above 20% is considered top-tier.
Generating 2M in free cash flow and 46M in operating cash flow. Earnings are translating into actual cash generation.
Earnings fell 70% YoY while revenue grew 11%. This gap usually reflects one-time items (tax benefits, write-offs) in the prior period, not an operational decline.
What to Watch Next
Margin expansion: can MakeMyTrip Limited push profit margins above 15% as the business scales?
Valuation compression risk at a P/E of 76.8x. Any growth miss could trigger a sharp correction.
Debt management: total debt of 1.7B is significantly higher than cash (434M). Monitor refinancing risk.
Sector dynamics: monitor TRAVEL SERVICES industry trends, competitive moves, and regulatory changes that could impact MakeMyTrip Limited.
Bottom Line
MakeMyTrip Limited offers stability with moderate growth and solid fundamentals. The valuation may present an opportunity for patient investors, though limited growth means returns will likely come from dividends and modest capital appreciation rather than explosive gains.
This synopsis is generated from publicly available financial data. It is not financial advice. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
Insider Transactions
Data sourced from SEC Form 4 filings
Last updated: 8:25:13 AM
About MakeMyTrip Limited(MMYT)
NASDAQ
CONSUMER CYCLICAL
TRAVEL SERVICES
USA
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, and Indonesia. The company is headquartered in Gurugram, India.