MMYT Relative Valuation
MMYT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MMYT is overvalued; if below, it's undervalued.
Historical Valuation
MakeMyTrip Ltd (MMYT) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of 136.06. The fair price of MakeMyTrip Ltd (MMYT) is between NaN to NaN according to relative valuation methord.
Relative Value
Fair Zone
NaN-NaN
Current Price：74.84
Fair
94.49
PE
1Y
3Y
5Y
Trailing
Forward
30.51
EV/EBITDA
MakeMyTrip Ltd. (MMYT) has a current EV/EBITDA of 30.51. The 5-year average EV/EBITDA is 39.70. The thresholds are as follows: Strongly Undervalued below -69.78, Undervalued between -69.78 and -15.04, Fairly Valued between 94.44 and -15.04, Overvalued between 94.44 and 149.19, and Strongly Overvalued above 149.19. The current Forward EV/EBITDA of 30.51 falls within the Historic Trend Line -Fairly Valued range.
34.65
EV/EBIT
MakeMyTrip Ltd. (MMYT) has a current EV/EBIT of 34.65. The 5-year average EV/EBIT is 52.34. The thresholds are as follows: Strongly Undervalued below -45.76, Undervalued between -45.76 and 3.29, Fairly Valued between 101.39 and 3.29, Overvalued between 101.39 and 150.45, and Strongly Overvalued above 150.45. The current Forward EV/EBIT of 34.65 falls within the Historic Trend Line -Fairly Valued range.
5.69
PS
MakeMyTrip Ltd. (MMYT) has a current PS of 5.69. The 5-year average PS is 6.72. The thresholds are as follows: Strongly Undervalued below 1.82, Undervalued between 1.82 and 4.27, Fairly Valued between 9.16 and 4.27, Overvalued between 9.16 and 11.61, and Strongly Overvalued above 11.61. The current Forward PS of 5.69 falls within the Historic Trend Line -Fairly Valued range.
24.92
P/OCF
MakeMyTrip Ltd. (MMYT) has a current P/OCF of 24.92. The 5-year average P/OCF is 102.11. The thresholds are as follows: Strongly Undervalued below -439.99, Undervalued between -439.99 and -168.94, Fairly Valued between 373.15 and -168.94, Overvalued between 373.15 and 644.20, and Strongly Overvalued above 644.20. The current Forward P/OCF of 24.92 falls within the Historic Trend Line -Fairly Valued range.
22.64
P/FCF
MakeMyTrip Ltd. (MMYT) has a current P/FCF of 22.64. The 5-year average P/FCF is 30.94. The thresholds are as follows: Strongly Undervalued below -78.07, Undervalued between -78.07 and -23.56, Fairly Valued between 85.45 and -23.56, Overvalued between 85.45 and 139.95, and Strongly Overvalued above 139.95. The current Forward P/FCF of 22.64 falls within the Historic Trend Line -Fairly Valued range.
MakeMyTrip Ltd (MMYT) has a current Price-to-Book (P/B) ratio of 287.49. Compared to its 3-year average P/B ratio of 40.93 , the current P/B ratio is approximately 602.32% higher. Relative to its 5-year average P/B ratio of 25.88, the current P/B ratio is about 1011.05% higher. MakeMyTrip Ltd (MMYT) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 1.39%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 1.09% , the current FCF yield is about -100.00% lower.
287.49
P/B
Median3y
40.93
Median5y
25.88
2.35
FCF Yield
Median3y
1.39
Median5y
1.09
Competitors Valuation Multiple
The average P/S ratio for MMYT's competitors is , providing a benchmark for relative valuation. MakeMyTrip Ltd Corp (MMYT) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 8.70%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of MMYT decreased by 33.35% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 58.03 to 108.72.
The secondary factor is the Revenue Growth, contributed 8.70%to the performance.
Overall, the performance of MMYT in the past 1 year is driven by P/E Change. Which is more unsustainable.
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