MakeMyTrip (MMYT) Stock Price
MakeMyTrip Price
Revenue has compounded at 20.2% per year over the past 18 years to 1.04 B USD. Earnings per share have grown at 10.0% per year over the last 15 years. MakeMyTrip's net margin stands at 5.0%, up from -14.9% several years earlier. Analysts set a median price target of 77.00 USD, implying 78.1% above the current price. Of 17 analysts, 16 rate the stock a buy — an overall Buy consensus.
MakeMyTrip stock price
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MakeMyTrip business model & stock analysis
Frequently asked questions about MakeMyTrip
The business model of MakeMyTrip Ltd revolves around being an online travel company. They offer a comprehensive range of travel services including hotel bookings, flight reservations, holiday packages, car rentals, and travel insurance. MakeMyTrip operates primarily through its website and mobile application, providing users with a convenient platform to plan and book their travel arrangements. Their business model focuses on offering competitive prices, a wide selection of travel options, and personalized customer experiences. MakeMyTrip's business strategy also involves forming partnerships with hotels, airlines, and other travel service providers to ensure a seamless travel booking experience for their customers.
MakeMyTrip Ltd is primarily active in the travel and tourism industry.
The main competitors of MakeMyTrip Ltd in the market include Cleartrip, Yatra.com, and Goibibo.
MakeMyTrip Ltd is a leading online travel company specializing in the Indian market. Established in 2000, MakeMyTrip has grown to become one of the largest travel platforms in India. The company was founded by Deep Kalra with the aim of revolutionizing travel booking and making it more convenient for customers. With a diverse range of services including flight and hotel bookings, holiday packages, car rentals, and more, MakeMyTrip offers comprehensive travel solutions to its customers. MakeMyTrip has emerged as a trusted brand, providing seamless booking experiences and exceptional customer service. Over the years, the company has expanded its presence globally, catering to millions of travelers worldwide.
MakeMyTrip Ltd, a prominent travel company, has achieved several significant milestones. Being founded in 2000, it quickly emerged as India's leading online travel platform. In 2010, MakeMyTrip made history by becoming the first Indian travel company to be listed on NASDAQ. The company expanded its services by launching a mobile app in 2011, enabling customers to conveniently book flights, hotels, and holiday packages. MakeMyTrip continued its growth trajectory by acquiring various travel companies such as Ibibo Group in 2016, positioning itself as India's largest online travel company. In 2019, it introduced a new premium travel business named "myBiz" to cater to the corporate travel segment. These milestones showcase MakeMyTrip's success and influence in the travel industry.
MakeMyTrip Ltd is primarily present in India, one of the largest travel markets in the world. As a leading Indian online travel company, MakeMyTrip Ltd also operates in other key regions and countries, such as the United States, Canada, Singapore, and Malaysia. With its robust online platform and wide range of travel services, MakeMyTrip Ltd caters to the needs of both domestic and international travelers. Whether you're planning a trip within India or exploring global destinations, MakeMyTrip Ltd offers a convenient and reliable option for all your travel needs.
MakeMyTrip Ltd represents values of customer focus, innovation, and integrity. The company's corporate philosophy revolves around providing exceptional travel experiences to its customers and being a trusted travel partner. MakeMyTrip Ltd is dedicated to constantly improving its services and technologies to enhance the customer journey. With a commitment to transparency and ethical practices, the company strives to build long-term relationships with both customers and partners. MakeMyTrip Ltd's emphasis on delivering convenience, competitive pricing, and personalized assistance showcase its dedication to customer satisfaction in the travel industry.
Analysts currently set an average price target of 77.00 USD for the MakeMyTrip stock (median: 77.00 USD), implying +78.1 % versus the latest price. The consensus is based on 17 analyst ratings.
17 analysts currently rate the MakeMyTrip stock: 16 recommend buying, 1 holding and 0 selling.
Converted at the current exchange rate, the MakeMyTrip share trades at 38.55 EUR (43.24 USD).
The MakeMyTrip share (MMYT) is listed on 2 stock exchanges, including: NASDAQ (MMYT), Frankfurt (MY1.F).
MakeMyTrip Ltd is an Indian company that was founded in 2000. It is one of the largest online travel agencies in India and offers its customers a variety of products and services. The company has been listed on NASDAQ since 2010 and is headquartered in Gurugram, India. MakeMyTrip Ltd's business model is focused on online sales of travel and hotel offerings. The company offers its customers a diverse selection of flight tickets, hotel rooms, vacation packages, car rentals, and bus tickets. It allows customers to plan and book their trips online while providing them with a seamless travel experience. The company is divided into several segments, including flights, hotels, vacation packages, and bus connections. MakeMyTrip Ltd provides its customers with an end-to-end solution that allows them to meet all their travel needs in one place. The flight segment of MakeMyTrip Ltd is one of the company's key divisions. It provides customers with access to a wide range of flights, from affordable domestic flights within India to international flights to various parts of the world. The company works with various airlines to offer customers the best deals possible. MakeMyTrip Ltd's hotel segment provides customers with access to a wide range of accommodation options, from budget hotels to upscale luxury hotels. It allows customers to easily search and book hotels, with transparent prices and fast confirmations. The company is also working to deliver personalized hotel offerings to customers based on their needs and preferences. The vacation package segment of MakeMyTrip Ltd offers customers a variety of travel packages. It includes both domestic and international destinations and provides everything customers need, including flights, hotels, transfers, and sightseeing tours. These packages allow customers to simplify their trip planning while saving money. The bus segment of MakeMyTrip Ltd is another important part of the business model. It provides customers with an easy way to book bus tickets, especially for domestic travel within India. The company works with various bus companies to offer customers a wide range of travel options. MakeMyTrip Ltd earns money by receiving a commission from each booking made through its website. The company also works with other travel providers and earns additional revenue through referral fees and advertising. The company aims to provide the best online travel experience for its customers. It invests in technology and innovation to ensure that its customers receive the best end-to-end travel solution. MakeMyTrip Ltd also works to improve its services through personalized offers and top-notch customer service. In summary, MakeMyTrip Ltd is a leading company in the online travel and hotel booking sector with a wide range of services and products. It is committed to providing its customers with the best online travel experience and continuously strives to improve its business through innovation and technology.
The revenue of MakeMyTrip is 1.04 B USD. This figure is based on current financial data and reflects the company's business performance.
The profit of MakeMyTrip is 51.80 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of MakeMyTrip is currently 81.96. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MakeMyTrip stock.
The price-to-sales ratio (P/S) of MakeMyTrip is currently 4.07. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MakeMyTrip stock.
The Eulerpool Quality Score for MakeMyTrip is 6/10.
The ISIN of MakeMyTrip is MU0295S00016. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of MakeMyTrip is A1C3UJ. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of MakeMyTrip is MMYT. The ticker symbol is used to trade MakeMyTrip shares on the stock exchange.
MakeMyTrip stock
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All fundamentals and in-depth analysis of MakeMyTrip
Our stock analysis for MakeMyTrip stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MakeMyTrip. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.