MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition [Seeking Alpha]
MakeMyTrip Limited - Ordinary Shares (MMYT)
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.makemytrip.com
Company Research
Source: Seeking Alpha
MakeMyTrip has shown strong financial performance, with a 46.3% increase in operating profit and a 24.3% rise in gross bookings year-on-year. The company benefits from macroeconomic tailwinds in India, including a growing middle class, increased travel spending, and government investments in travel infrastructure. Despite its strong market position, MMYT faces intense competition and high customer acquisition costs, which could limit its ability to achieve super normal profits. Valuation concerns are significant; the stock trades at a high EV/Sales multiple, suggesting limited future growth potential and a 50% downside risk. spooh MakeMyTrip ( NASDAQ: MMYT ) is a popular Online Travel Company (OTC) with primary operations based out of India. The company offers a wide array of travel services, such as airline, bookings, hotel bookings, holiday packages, packages, and rail, and bus ticketing. I have been a stock owner of MakeMyTrip since 2023, when This article was written
Show less
Read more
Impact Snapshot
Event Time:
MMYT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MMYT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MMYT alerts
High impacting MakeMyTrip Limited - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
MMYT
News
- MakeMyTrip Rises 41% in 6 Months: Should You Hold or Fold the Stock? [Yahoo! Finance Canada]Yahoo! Finance Canada
- MakeMyTrip (MMYT) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]Yahoo! Finance
- MakeMyTrip (MMYT) Stock Moves -0.43%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Is MakeMyTrip Limited's (NASDAQ:MMYT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects? [Yahoo! Finance]Yahoo! Finance
- India Tourism Market Insight 2024 - In-depth Analysis of Traveler Flows, Spending Patterns, Main Destination Markets, Current and Future Opportunities [Yahoo! Finance Canada]Yahoo! Finance Canada
MMYT
Earnings
- 10/24/24 - Beat
MMYT
Sec Filings
- 12/10/24 - Form 144
- 12/6/24 - Form 144
- 11/29/24 - Form 144
- MMYT's page on the SEC website