Ratings MakeMyTrip Limited

Equities

MMYT

MU0295S00016

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
67.77 ^USD	+0.44%		+9.17%	+44.25%

Feb. 21	MakeMyTrip Shares Decline Following Macquarie Downgrade	MT
Feb. 21	Macquarie Downgrades MakeMyTrip to Neutral From Outperform, Adjusts Price Target to $60 From $50	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
The earnings growth currently anticipated by analysts for the coming years is particularly strong.
Thanks to a sound financial situation, the firm has significant leeway for investment.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

With an expected P/E ratio at 110.67 and 57.64 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
Based on current prices, the company has particularly high valuation levels.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The company is highly valued given the cash flows generated by its activity.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Leisure & Recreation

	1st Jan change	Capi.	ESG Refinitiv
MAKEMYTRIP LIMITED	+44.25%	7.36B	D+
BOOKING HOLDINGS INC.	-0.91%	120B	C
TRIP.COM GROUP LIMITED	+36.43%	32.51B	C-
TONGCHENG TRAVEL HOLDINGS LIMITED	+42.31%	6.44B	C+
TRIPADVISOR, INC.	+25.41%	3.79B	D+
FLIGHT CENTRE TRAVEL GROUP LIMITED	+3.88%	3.01B	C
WEBJET LIMITED	+11.78%	2.05B	C+
SEERA HOLDING GROUP	-0.93%	1.87B	D+
TRAINLINE PLC	-3.92%	1.75B	C+
CORPORATE TRAVEL MANAGEMENT LIMITED	-20.76%	1.42B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes