MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
44.62
+1.53 (3.55%)
Apr 14, 2026, 4:00 PM EDT - Market closed

MakeMyTrip Statistics

Total Valuation

MakeMyTrip has a market cap or net worth of $4.23 billion. The enterprise value is $4.83 billion.

Market Cap4.23B
Enterprise Value 4.83B

Important Dates

The next estimated earnings date is Wednesday, May 13, 2026, before market open.

Earnings Date May 13, 2026
Ex-Dividend Date n/a

Share Statistics

MakeMyTrip has 94.87 million shares outstanding. The number of shares has decreased by -10.47% in one year.

Current Share Class 89.57M
Shares Outstanding 94.87M
Shares Change (YoY) -10.47%
Shares Change (QoQ) +1.37%
Owned by Insiders (%) 1.89%
Owned by Institutions (%) 86.61%
Float 24.43M

Valuation Ratios

The trailing PE ratio is 84.07 and the forward PE ratio is 89.24.

PE Ratio 84.07
Forward PE 89.24
PS Ratio 4.07
Forward PS 3.32
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio 19.29
P/OCF Ratio 18.90
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 29.13, with an EV/FCF ratio of 22.01.

EV / Earnings 85.10
EV / Sales 4.65
EV / EBITDA 29.13
EV / EBIT 32.56
EV / FCF 22.01

Financial Position

The company has a current ratio of 1.85

Current Ratio 1.85
Quick Ratio 1.59
Debt / Equity n/a
Debt / EBITDA 8.29
Debt / FCF 6.43
Interest Coverage 1.85

Financial Efficiency

Return on equity (ROE) is 9.55% and return on invested capital (ROIC) is 18.04%.

Return on Equity (ROE) 9.55%
Return on Assets (ROA) 5.05%
Return on Invested Capital (ROIC) 18.04%
Return on Capital Employed (ROCE) 11.95%
Weighted Average Cost of Capital (WACC) 7.63%
Revenue Per Employee $202,916
Profits Per Employee $11,080
Employee Count5,122
Asset Turnover 0.57
Inventory Turnover 879.84

Taxes

In the past 12 months, MakeMyTrip has paid $22.47 million in taxes.

Income Tax 22.47M
Effective Tax Rate 28.43%

Stock Price Statistics

The stock price has decreased by -54.41% in the last 52 weeks. The beta is 0.83, so MakeMyTrip's price volatility has been lower than the market average.

Beta (5Y) 0.83
52-Week Price Change -54.41%
50-Day Moving Average 48.96
200-Day Moving Average 77.86
Relative Strength Index (RSI) 52.19
Average Volume (20 Days) 1,868,736

Short Selling Information

The latest short interest is 8.69 million, so 11.21% of the outstanding shares have been sold short.

Short Interest 8.69M
Short Previous Month 8.22M
Short % of Shares Out 11.21%
Short % of Float n/a
Short Ratio (days to cover) 5.13

Income Statement

In the last 12 months, MakeMyTrip had revenue of $1.04 billion and earned $56.75 million in profits. Earnings per share was $0.53.

Revenue1.04B
Gross Profit 599.42M
Operating Income 148.32M
Pretax Income 79.04M
Net Income 56.75M
EBITDA 165.83M
EBIT 148.32M
Earnings Per Share (EPS) $0.53
Full Income Statement

Balance Sheet

The company has $814.11 million in cash and $1.41 billion in debt, with a net cash position of -$597.02 million or -$6.29 per share.

Cash & Cash Equivalents 814.11M
Total Debt 1.41B
Net Cash -597.02M
Net Cash Per Share -$6.29
Equity (Book Value) -7.35M
Book Value Per Share -0.12
Working Capital 528.15M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $223.94 million and capital expenditures -$4.47 million, giving a free cash flow of $219.47 million.

Operating Cash Flow 223.94M
Capital Expenditures -4.47M
Depreciation & Amortization 17.51M
Net Borrowing -5.22M
Free Cash Flow 219.47M
FCF Per Share $2.31
Full Cash Flow Statement

Margins

Gross margin is 57.67%, with operating and profit margins of 14.27% and 5.46%.

Gross Margin 57.67%
Operating Margin 14.27%
Pretax Margin 7.61%
Profit Margin 5.46%
EBITDA Margin 15.96%
EBIT Margin 14.27%
FCF Margin 21.12%

Dividends & Yields

MakeMyTrip does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 10.47%
Shareholder Yield 10.47%
Earnings Yield 1.34%
FCF Yield 5.18%

Analyst Forecast

The average price target for MakeMyTrip is $101.00, which is 126.36% higher than the current price. The consensus rating is "Strong Buy".

Price Target $101.00
Price Target Difference 126.36%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MakeMyTrip has an Altman Z-Score of 2.22 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.22
Piotroski F-Score 6