Makemytrip Limited Stock Performance
| MMYT Stock | USD 67.47 0.05 0.07% |
On a scale of 0 to 100, MakeMyTrip holds a performance score of 11. The company secures a Beta (Market Risk) of 1.38, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MakeMyTrip will likely underperform. Please check MakeMyTrip's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether MakeMyTrip's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in MakeMyTrip Limited are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, MakeMyTrip unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.07) | Five Day Return 10.37 | Year To Date Return 46.93 | Ten Year Return 233.51 | All Time Return 155.09 |
1 | MakeMyTrip Limited Announces Completion of the Repurchase Right Offer for Its 0.00 percent Convertible Senior Notes due 2028 | 02/15/2024 |
2 | Qube Research Technologies Ltd Sells 29759 Shares of MakeMyTrip Limited - MarketBeat | 03/11/2024 |
3 | The 5.0 percent return this week takes MakeMyTrips shareholders one-year gains to 157 | 03/14/2024 |
4 | Vacation Rental Market size to grow by USD 56.98 billion from 2024 to 2028, Accommodation industry to boost market growth, Technavio | 03/21/2024 |
5 | MakeMyTrip Limited Shares Bought by SG Americas Securities LLC - Defense World | 03/27/2024 |
6 | MakeMyTrip Hits New 12-Month High at 71.50 - MarketBeat | 04/01/2024 |
7 | MakeMyTrip Shares Up 4.7 percent - MarketBeat | 04/05/2024 |
8 | MakeMyTrip Is Experiencing Growth In Returns On Capital | 04/10/2024 |
9 | We Think MakeMyTrip Can Manage Its Debt With Ease | 04/15/2024 |
10 | 4 Stocks Backed by High Efficiency to Increase Portfolio Returns | 04/23/2024 |
| Begin Period Cash Flow | 213.3 M | |
| Total Cashflows From Investing Activities | 46.8 M |
MakeMyTrip |
MakeMyTrip Relative Risk vs. Return Landscape
If you would invest 5,405 in MakeMyTrip Limited on January 30, 2024 and sell it today you would earn a total of 1,342 from holding MakeMyTrip Limited or generate 24.83% return on investment over 90 days. MakeMyTrip Limited is currently generating 0.3895% in daily expected returns and assumes 2.7102% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than MakeMyTrip, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MakeMyTrip Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MakeMyTrip's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MakeMyTrip Limited, and traders can use it to determine the average amount a MakeMyTrip's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1437
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average MakeMyTrip is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MakeMyTrip by adding it to a well-diversified portfolio.
MakeMyTrip Fundamentals Growth
MakeMyTrip Stock prices reflect investors' perceptions of the future prospects and financial health of MakeMyTrip, and MakeMyTrip fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MakeMyTrip Stock performance.
| Return On Equity | 0.0558 | ||||
| Return On Asset | 0.0246 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 7.14 B | ||||
| Shares Outstanding | 69.4 M | ||||
| Price To Earning | (9.51) X | ||||
| Price To Book | 7.99 X | ||||
| Price To Sales | 10.28 X | ||||
| Revenue | 593.04 M | ||||
| Gross Profit | 283.5 M | ||||
| EBITDA | 61.98 M | ||||
| Net Income | (11.17 M) | ||||
| Cash And Equivalents | 462.55 M | ||||
| Cash Per Share | 4.24 X | ||||
| Total Debt | 235.16 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 2.97 X | ||||
| Book Value Per Share | 8.43 X | ||||
| Cash Flow From Operations | 32.06 M | ||||
| Earnings Per Share | 0.46 X | ||||
| Market Capitalization | 7.36 B | ||||
| Total Asset | 1.36 B | ||||
| Retained Earnings | (1.23 B) | ||||
| Working Capital | 218.25 M | ||||
| Current Asset | 282 M | ||||
| Current Liabilities | 124.08 M | ||||
About MakeMyTrip Performance
To evaluate MakeMyTrip Limited Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when MakeMyTrip generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare MakeMyTrip Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand MakeMyTrip Limited market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MakeMyTrip's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.05 | 0.04 | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | 0.04 | 0.05 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.02) |
Things to note about MakeMyTrip Limited performance evaluation
Checking the ongoing alerts about MakeMyTrip for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MakeMyTrip Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 593.04 M. Net Loss for the year was (11.17 M) with profit before overhead, payroll, taxes, and interest of 283.5 M. | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: 4 Stocks Backed by High Efficiency to Increase Portfolio Returns |
- Analyzing MakeMyTrip's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MakeMyTrip's stock is overvalued or undervalued compared to its peers.
- Examining MakeMyTrip's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MakeMyTrip's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MakeMyTrip's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MakeMyTrip's stock. These opinions can provide insight into MakeMyTrip's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running MakeMyTrip's 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 the 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.
Quarterly Earnings Growth 257.252 | Earnings Share 0.46 | Revenue Per Share 6.582 | Quarterly Revenue Growth 0.256 | Return On Assets 0.0246 |
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 if MakeMyTrip is a good investment 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.