MakeMyTrip: Lofty Valuation Leaves Little Room For Errors [Seeking Alpha]
MakeMyTrip Limited - Ordinary Shares (MMYT)
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am
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US:NASDAQ Investor Relations:
investors.makemytrip.com
Company Research
Source: Seeking Alpha
10min Summary MakeMyTrip shows strong growth with significant revenue increases. However, expect volatility in margins to persist as the company is still in its growth phase. MMYT is well-positioned to enjoy enduring macroeconomic and fiscal-related tailwinds. In addition, the company has multiple growth drivers to leverage on to maintain its lead in the industry. Despite outperforming peers in profitability and liquidity, MMYT's valuation metrics suggest that the current share price is overvalued. Valuation analysis suggests that markets are pricing in generous and overly optimistic assumptions, leaving little room for errors. Any slight deterioration in growth is likely to cause a huge sell-off. Mayur Kakade/E+ via Getty Images Introduction MakeMyTrip ( NASDAQ: MMYT ) is India's leading online travel company. Based on the FY2024 annual report , the company's revenues are derived from: (1) air ticketing, (2) hotels and packages, (3) bus ticketing, and (4) other servi
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MMYT
News
- Elife Transfer Strengthens Global B2B Presence with Industry Veteran Sayan Datta as VP of B2B Partnerships [Yahoo! Finance]Yahoo! Finance
- Elife Transfer Strengthens Global B2B Presence with Industry Veteran Sayan Datta as VP of B2B Partnerships [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- MakeMyTrip Limited (NASDAQ: MMYT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- MakeMyTrip to Acquire Happay: How Should You Play the Stock? [Yahoo! Finance]Yahoo! Finance
- MakeMyTrip Agrees To Acquire Happay, Bolstering Its Arsenal For Corporate Travel Solutions [Yahoo! Finance]Yahoo! Finance
MMYT
Earnings
- 10/24/24 - Beat
MMYT
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- MMYT's page on the SEC website