MakeMyTrip Ltd.Find Ratings Reports
MAKEMYTRIP LTD's gross profit margin for the third quarter of its fiscal year 2021 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.
During the same period, stockholders' equity ("net worth") has increased by 5.92% from the same quarter last year.
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|Income Statement||Q3 FY21||Q3 FY20|
|Net Sales ($mil)||115.02||56.81|
|Net Income ($mil)||-9.07||-3.39|
|Balance Sheet||Q3 FY21||Q3 FY20|
|Cash & Equiv. ($mil)||461.03||227.38|
|Total Assets ($mil)||1335.46||1082.5|
|Total Debt ($mil)||213.36||17.68|
|Profitability||Q3 FY21||Q3 FY20|
|Gross Profit Margin||6.43||0.13|
|Return on Assets||-2.85||-36.72|
|Return on Equity||-4.24||-46.82|
|Debt||Q3 FY21||Q3 FY20|
|Share Data||Q3 FY21||Q3 FY20|
|Shares outstanding (mil)||104.73||103.26|
|Div / share||0.0||0.0|
|Book value / share||8.59||8.22|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||311877.0||390700.0|
HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. To use another comparison, its price-to-book ratio of 2.64 indicates a discount versus the S&P 500 average of 3.81 and a significant discount versus the subsector average of 8.41. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. The valuation analysis reveals that, MAKEMYTRIP LTD seems to be trading at a premium to investment alternatives.
|MMYT NM||Peers 32.87||MMYT 309.91||Peers 29.04|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
MMYT's P/E is negative making this valuation measure meaningless.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
MMYT is trading at a significant premium to its peers.
|MMYT NM||Peers 19.40||MMYT NA||Peers 4.47|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
MMYT's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|MMYT 2.64||Peers 8.41||MMYT 90.94||Peers 58.25|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
MMYT is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
MMYT is expected to have an earnings growth rate that significantly exceeds its peers.
|MMYT 8.06||Peers 7.37||MMYT 55.71||Peers 34.22|
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
MMYT is trading at a valuation on par with its subsector on this measurement.
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.
MMYT has a sales growth rate that significantly exceeds its peers.