MakeMyTrip Net Income vs. Gross Profit
| MMYT Stock | USD 119.93 2.57 2.19% |
Net Income | First Reported 2009-03-31 | Previous Quarter 21 M | Current Value 17.9 M | Quarterly Volatility 52.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.45 | 0.5365 |
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For MakeMyTrip profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MakeMyTrip to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MakeMyTrip Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MakeMyTrip's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MakeMyTrip Limited over time as well as its relative position and ranking within its peers.
MakeMyTrip |
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MakeMyTrip. If investors know MakeMyTrip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MakeMyTrip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.528 | Earnings Share 1.89 | Revenue Per Share 7.897 | Quarterly Revenue Growth 0.251 | Return On Assets 0.0324 |
The market value of MakeMyTrip Limited is measured differently than its book value, which is the value of MakeMyTrip that is recorded on the company's balance sheet. Investors also form their own opinion of MakeMyTrip's value that differs from its market value or its book value, called intrinsic value, which is MakeMyTrip's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MakeMyTrip's market value can be influenced by many factors that don't directly affect MakeMyTrip's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MakeMyTrip Limited Gross Profit vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MakeMyTrip's current stock value. Our valuation model uses many indicators to compare MakeMyTrip value to that of its competitors to determine the firm's financial worth. MakeMyTrip Limited is rated below average in net income category among its peers. It also is rated below average in gross profit category among its peers fabricating about 1.31 of Gross Profit per Net Income. At this time, MakeMyTrip's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value MakeMyTrip by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MakeMyTrip Gross Profit vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
MakeMyTrip |
| = | 216.8 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
MakeMyTrip |
| = | 283.5 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
MakeMyTrip Gross Profit Comparison
MakeMyTrip is currently under evaluation in gross profit category among its peers.
MakeMyTrip Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MakeMyTrip, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MakeMyTrip will eventually generate negative long term returns. The profitability progress is the general direction of MakeMyTrip's change in net profit over the period of time. It can combine multiple indicators of MakeMyTrip, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -29.9 M | -28.4 M | |
| Operating Income | 65.2 M | 68.5 M | |
| Income Before Tax | 92.9 M | 97.6 M | |
| Total Other Income Expense Net | 27.7 M | 29.1 M | |
| Net Income | 216.8 M | 227.6 M | |
| Income Tax Expense | -123.8 M | -117.6 M | |
| Net Loss | -10.2 M | -10.7 M | |
| Net Income From Continuing Ops | 216.7 M | 227.6 M | |
| Interest Income | 24.3 M | 25.5 M | |
| Net Interest Income | 36.1 M | 37.9 M | |
| Change To Netincome | 110 M | 77.7 M | |
| Net Income Per Share | 1.95 | 2.05 | |
| Income Quality | 0.58 | 0.61 | |
| Net Income Per E B T | 2.33 | 1.69 |
MakeMyTrip Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MakeMyTrip. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MakeMyTrip position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MakeMyTrip's important profitability drivers and their relationship over time.
Use MakeMyTrip in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MakeMyTrip position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MakeMyTrip will appreciate offsetting losses from the drop in the long position's value.MakeMyTrip Pair Trading
MakeMyTrip Limited Pair Trading Analysis
The ability to find closely correlated positions to MakeMyTrip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MakeMyTrip when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MakeMyTrip - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MakeMyTrip Limited to buy it.
The correlation of MakeMyTrip is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MakeMyTrip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MakeMyTrip Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MakeMyTrip can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MakeMyTrip position
In addition to having MakeMyTrip in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
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Additional Tools for MakeMyTrip Stock Analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.