US · MMYT
MakeMyTrip Limited
- Sector
- Consumer Cyclical · Travel Services
- Headquarters
- Gurugram 122002
- Website
- makemytrip.com
Price · as of 2025-03-31
$48.20
Market cap 5.37B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $75.57 | +56.78% |
| Intrinsic Value(DCF) | $265.01 | +449.81% |
| Graham-Dodd Method(GD) | $10.00 | -79.25% |
| Graham Formula(GF) | $27.07 | -43.85% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $22.14 | $215.47 | $1,254.51 | $102.20 | $9.41 |
| 2012 | $15.10 | $134.61 | $1,375.82 | $4.13 | $12.15 |
| 2013 | $12.85 | $40.68 | $241.18 | $0.00 | $0.00 |
| 2014 | $25.98 | $65.22 | $42.45 | $1.15 | $0.00 |
| 2015 | $19.27 | $153.54 | $3.68 | $1.27 | $0.00 |
| 2016 | $15.21 | $270.05 | $0.00 | $0.00 | $0.00 |
| 2017 | $29.80 | $35.05 | $11.35 | $0.00 | $0.00 |
| 2018 | $40.25 | $42.68 | $73.74 | $0.00 | $0.00 |
| 2019 | $24.23 | $34.33 | $0.49 | $0.00 | $30.09 |
| 2020 | $18.64 | $23.97 | $0.00 | $0.00 | $0.00 |
| 2021 | $29.00 | $45.72 | $3.88 | $0.00 | $29.65 |
| 2022 | $26.41 | $48.32 | $5.93 | $0.61 | $0.00 |
| 2023 | $26.89 | $52.01 | $1,334.11 | $2.29 | $0.00 |
| 2024 | $80.45 | $105.60 | $4,924.08 | $14.72 | $75.60 |
| 2025 | $100.49 | $75.57 | $2,448.84 | $10.00 | $27.07 |
AI valuation
Our deep-learning model estimates MakeMyTrip Limited's (MMYT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $75.57
- Current price
- $48.20
- AI upside
- +56.78%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$265.01
+449.81% upside
Graham-Dodd
$10.00
-79.25% upside
Graham Formula
$27.07
-43.85% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| MMYT | MakeMyTrip Limited | $48.20 | 5.37B | +57% | +450% | -79% | -44% | 118.76 | 9.41 | 11.57 | 67.46 | — | 18.71 | 71.96% | 12.25% | 9.72% | 8.24% | 14.04% | 5.46% | 0.20 | 6.78 | 1.85 | 1.58 | -1.70 | -5464.00% | 2502.00% | 5368.00% | 1.53% | 0.32 | 24.72% | 0.00% | 0.00% | 1.67% | 90.00 | 62.18 | 11.03 | 11.30 |
| AN | AutoNation, Inc. | $195.16 | 6.77B | +16% | -60% | -44% | -2% | 11.33 | 3.14 | 0.27 | 11.62 | 1597.64 | -75.74 | 17.00% | 4.83% | 2.35% | 27.05% | 8.35% | 4.74% | 4.35 | 3.62 | 0.84 | 0.18 | 6.73 | 71.00% | 324.00% | 133116.00% | -2.69% | 0.02 | -1.68% | 0.00% | 0.00% | 10.76% | 13.09 | -88.51 | 0.63 | 3.10 |
| BIRK | Birkenstock Holding plc | $41.65 | 7.66B | +31% | -45% | -56% | +24% | 20.18 | 2.58 | 3.35 | 12.13 | 24.21 | -19.16 | 59.11% | 26.20% | 16.61% | 13.03% | 11.16% | 7.09% | 0.48 | 7.27 | 2.81 | 1.17 | 1.49 | 8333.00% | 1622.00% | -1875.00% | 4.10% | 0.82 | 7.90% | 0.00% | 0.00% | 2.97% | 14.55 | 27.74 | 3.81 | 3.11 |
| BROS | Dutch Bros Inc. | $53.61 | 6.81B | -22% | +121% | -84% | -59% | 56.90 | 9.80 | 4.07 | 27.11 | 55.12 | 10.15 | 25.88% | 9.84% | 4.87% | 19.25% | 10.37% | 4.26% | 1.60 | 5.69 | 1.49 | 1.20 | 2.97 | 10323.00% | 2788.00% | 12034.00% | 0.82% | 1.23 | 4.05% | 0.00% | 0.00% | 0.00% | 46.48 | 137.70 | 4.57 | 2.71 |
| LAD | Lithia Motors, Inc. | $279.58 | 6.78B | +29% | -61% | +39% | +38% | 8.41 | 1.05 | 0.18 | 11.36 | 95.14 | 5.05 | 14.54% | 4.06% | 2.18% | 12.43% | 5.55% | 3.42% | 2.22 | 3.04 | 1.17 | 0.22 | 7.65 | 884.00% | 400.00% | 16038.00% | 2.76% | 0.08 | 0.93% | 0.80% | 6.70% | 14.64% | 13.92 | 110.94 | 0.57 | 1.98 |
| LEVI | Levi Strauss & Co. | $22.16 | 8.76B | +64% | -63% | -81% | -54% | 16.09 | 3.54 | 1.29 | 10.72 | 8.99 | 4.48 | 61.73% | 10.79% | 9.20% | 23.63% | 14.84% | 7.59% | 1.01 | 13.94 | 1.55 | 0.80 | 1.74 | 17885.00% | -115.00% | -5166.00% | 4.02% | 0.27 | 8.97% | 2.64% | 42.40% | 4.50% | 14.07 | 29.39 | 1.52 | 2.89 |
| LKQ | LKQ Corporation | $33.11 | 8.48B | +32% | -60% | — | -62% | 13.80 | 1.28 | 0.60 | 9.02 | — | 164.48 | 38.03% | 7.81% | 4.36% | 9.69% | 7.15% | 4.04% | 0.77 | 4.85 | 1.67 | 0.49 | 3.26 | -1065.00% | -306.00% | 457.00% | 10.10% | 0.34 | 7.47% | 3.70% | 51.00% | 13.14% | 12.08 | 15.50 | 0.94 | 2.64 |
| MOD | Modine Manufacturing Comp… | $227.25 | 11.98B | -64% | +20% | -87% | -77% | 26.55 | 5.41 | 1.91 | 15.03 | 200.43 | 9.30 | 24.98% | 10.97% | 7.12% | 22.38% | 15.76% | 9.84% | 0.58 | 10.74 | 1.78 | 1.02 | 1.28 | 1325.00% | 730.00% | 254.00% | 2.63% | 0.39 | 9.84% | 0.00% | 0.00% | 1.70% | 18.99 | 41.63 | 2.08 | 5.67 |
| MUSA | Murphy USA Inc. | $390.74 | 7.24B | -12% | -59% | -73% | -74% | 16.53 | 12.48 | 0.40 | 11.00 | — | 49.81 | 5.01% | 3.81% | 2.43% | 64.31% | 16.30% | 10.16% | 5.22 | 6.67 | 0.80 | 0.33 | 3.22 | -4.00% | -425.00% | -390.00% | 4.81% | 0.88 | 10.68% | 0.53% | 8.80% | 8.89% | 14.89 | 29.40 | 0.57 | 6.95 |
| PLNT | Planet Fitness, Inc. | $82.15 | 6.84B | -18% | -37% | — | -37% | 31.20 | -14.14 | 5.16 | 11.97 | 100.63 | -4.61 | 82.61% | 29.81% | 16.55% | -62.71% | 38.89% | 7.10% | -0.92 | 3.65 | 2.11 | 1.78 | 0.17 | 3100.00% | 1206.00% | 3492.00% | 3.73% | 1.34 | 34.89% | 0.02% | 0.70% | 39.31% | 17.29 | 26.79 | 5.15 | 1.62 |
| VFS | VinFast Auto Ltd. | $3.26 | 7.63B | -57% | -29% | — | — | -2.73 | -1.28 | 4.79 | -8.00 | -8.27 | -1.27 | -57.42% | -125.85% | -175.53% | 50.25% | 259.54% | -51.03% | -0.89 | -3.54 | 0.38 | 0.14 | -3.24 | 3303.00% | 5787.00% | -4000.00% | -22.35% | -0.18 | 221.02% | 0.00% | 0.00% | 0.00% | -6.38 | -7.49 | 8.03 | -3.61 |
About MakeMyTrip Limited
MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
- CEO
- Rajesh Magow
- Employees
- 4.58K
- Beta
- 0.62
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($265.01 ÷ $48.20) − 1 = +449.81% (DCF, example).