MakeMyTrip Ltd
NASDAQ:MMYT

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MakeMyTrip Ltd
NASDAQ:MMYT
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Price: 91.51 USD -0.15% Market Closed
Market Cap: 10B USD

Relative Value

The Relative Value of one MMYT stock under the Base Case scenario is 92.43 USD. Compared to the current market price of 91.51 USD, MakeMyTrip Ltd is Undervalued by 1%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MMYT Relative Value
Base Case
92.43 USD
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
5
Median 3Y
8.4
Median 5Y
9.3
Industry
1.4
Forward
8.2
vs History
17
vs Industry
11
Median 3Y
44.4
Median 5Y
-4.6
Industry
19.2
Forward
51.7
vs History
58
vs Industry
2
Median 3Y
59
Median 5Y
60.2
Industry
9.8
vs History
53
vs Industry
6
Median 3Y
58.5
Median 5Y
58.5
Industry
18.8
vs History
17
vs Industry
6
Median 3Y
5
Median 5Y
3.7
Industry
2.1
vs History
41
vs Industry
6
Median 3Y
7.8
Median 5Y
8.5
Industry
1.9
Forward
7.6
vs History
36
vs Industry
9
Median 3Y
10.3
Median 5Y
10.7
Industry
3.8
vs History
44
vs Industry
2
Median 3Y
95.9
Median 5Y
72
Industry
10.8
Forward
39.4
vs History
49
vs Industry
4
Median 3Y
96.7
Median 5Y
77.9
Industry
16.6
Forward
43
vs History
57
vs Industry
2
Median 3Y
55.9
Median 5Y
56.2
Industry
12.2
vs History
53
vs Industry
5
Median 3Y
54.7
Median 5Y
55.7
Industry
17.4
vs History
17
vs Industry
3
Median 3Y
4.9
Median 5Y
3.6
Industry
1.3

Multiples Across Competitors

MMYT Competitors Multiples
MakeMyTrip Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
MakeMyTrip Ltd
NASDAQ:MMYT
10B USD 10.3 105.6 77.6 77.6
US
Booking Holdings Inc
NASDAQ:BKNG
174.4B USD 7.2 32.1 20.5 22.1
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 42.2 308.7 153.4 191.3
US
Airbnb Inc
NASDAQ:ABNB
82B USD 7.3 32.3 27.5 28.3
US
Royal Caribbean Cruises Ltd
NYSE:RCL
74.3B USD 4.4 22.9 15.5 21.3
US
Marriott International Inc
NASDAQ:MAR
72.6B USD 2.9 29.3 19.3 22.1
US
Hilton Worldwide Holdings Inc
NYSE:HLT
60.3B USD 5.3 38.4 27.8 29.5
CN
Trip.com Group Ltd
HKEX:9961
297.8B HKD 4.9 16 19.1 20.2
US
Carnival Corp
NYSE:CCL
31.5B USD 1.2 15.4 8.7 14.6
UK
Carnival PLC
LSE:CCL
20.2B GBP 1.1 13.3 387.1 648.8
US
Viking Holdings Ltd
NYSE:VIK
22B USD 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
MakeMyTrip Ltd
NASDAQ:MMYT
Average EV/EBITDA: 75.6
77.6
49%
1.6
US
Booking Holdings Inc
NASDAQ:BKNG
20.5
12%
1.7
CN
H
H World Group Ltd
BMV:HTHTN
153.4
10%
15.3
US
Airbnb Inc
NASDAQ:ABNB
27.5
28%
1
US
Royal Caribbean Cruises Ltd
NYSE:RCL
15.5
13%
1.2
US
Marriott International Inc
NASDAQ:MAR
19.3
12%
1.6
US
Hilton Worldwide Holdings Inc
NYSE:HLT
27.8
20%
1.4
CN
Trip.com Group Ltd
HKEX:9961
19.1
19%
1
US
Carnival Corp
NYSE:CCL
8.7
7%
1.2
UK
Carnival PLC
LSE:CCL
387.1
8%
48.4
US
V
Viking Holdings Ltd
NYSE:VIK
Not Available
20%
N/A