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
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US:NASDAQ Investor Relations:
investors.makemytrip.com
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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
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MMYT
News
- MakeMyTrip Limited (NASDAQ: MMYT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- MakeMyTrip Limited (NASDAQ: MMYT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- MakeMyTrip Limited (NASDAQ: MMYT) had its price target raised by analysts at Bank of America Co. from $112.00 to $119.00. They now have a "buy" rating on the stock.MarketBeat
- MakeMyTrip Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- MakeMyTrip Ltd (MMYT) Q2 2025 Earnings Call Highlights: Strong Growth Amidst Challenges [Yahoo! Finance Canada]Yahoo! Finance Canada
MMYT
Earnings
- 10/24/24 - Beat
MMYT
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form SCHEDULE
- MMYT's page on the SEC website