Added to YB: 2025-01-31
Pitch date: 2025-01-31
MMYT [bullish]
MakeMyTrip Limited
-23.53%
current return
Author Info
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Company Info
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia.
Market Cap
$7.3B
Pitch Price
$108.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
47.70
P/E
110.71
EV/Sales
7.73
Sector
Hotels, Restaurants and Leisure
Category
growth
MakeMyTrip $MMYT
MMYT: India's top OTA (50%+ share), 6% rev CAGR 2018-24, higher margins post-COVID. 54.5x EV/EBITDA vs 15-17x industry avg. Low online penetration = growth potential. $7.9B FY24 GBV (8x #2). TCOM owns 49%. Decades of growth ahead, but high valuation. Long TCOM for indirect exposure.
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