MakeMyTrip Limited (MMYT) fair value analysis

Nasdaq · Updated 2026-09-07

MakeMyTrip Limited is an online travel platform that provides booking services for flights, hotels, trains, and holiday packages to customers across India and other markets. The company operates as a digital travel agency serving consumers in South Asia with a focus on the Indian market.

Forward Fair Value verdict

Undervalued

Based on TickrTrends' weekly Forward Fair Value model, MMYT is trading at more than a 25% discount to estimated fair value.

MMYT currently ranks #6 of 88 Consumer Cyclical stocks by discount to Forward Fair Value. It has screened as Undervalued for 3 consecutive weekly runs.

Last price: $61.78
Sector: Consumer Cyclical
12-month range: $37.88–$92.34

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: C
Leverage: Low
Margin trend: Expanding
Revenue growth: Strong
RSI zone: Neutral
50/200-day trend: Uptrend
52-week position: The lower-middle quarter of its range

What our data shows for MMYT

Our model validated 14 trailing price-to-earnings windows for MMYT, built from quarterly earnings records.
Shares are trading in the middle of their 12-month price range of $37.88–$92.34.
The 14-day relative strength index sits at a neutral 33.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for MMYT
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent MMYT news

TickrTrends' derived news-sentiment signal for MMYT is currently mixed, computed from recent coverage.

Billionaire Howard Marks Just Bought This Beaten-Down Indian Stock. Don’t Miss The Opportunity (insidermonkey.com, 2026-08-18)
TickrTrends take: MMYT trades at a valuation that TickrTrends classifies as undervalued within the Consumer Cyclical sector, a context that may have attracted institutional attention to the name. The headline's reference to significant investor activity aligns with periods when beaten-down equities can present valuation opportunities, though readers focused on valuation metrics should monitor whether the stock's fundamental metrics evolve to justify any price movement that follows. Valuation-focused investors typically track whether such buying activity correlates with improving operational performance or market sentiment shifts in the Consumer Cyclical space.
MakeMyTrip Limited 2027 Q1 - Results - Earnings Call Presentation (NASDAQ:MMYT) 2026-08-05 (seekingalpha.com, 2026-08-05)
TickrTrends take: MakeMyTrip's Q1 2027 earnings presentation provides updated financial metrics that inform TickrTrends' undervalued assessment for the travel and leisure company. As a Consumer Cyclical business, MMYT's earnings trajectory and booking trends during this period become critical reference points for validating whether the current valuation discount persists or narrows. Valuation-focused investors should monitor the company's revenue growth, margin expansion, and cash generation relative to the multiples at which the stock trades versus historical averages and sector peers.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — # MMYT Weekly Summary TickrTrends' derived indicators for MMYT show movement toward more positive momentum this week, with the 50/200-day trend state shifting from mixed to uptrend. The stock maintains an undervalued valuation verdict according to current analysis. This uptrend development suggests improving price behavior relative to the longer-term moving average perspective.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is MMYT stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), MMYT is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.

What is MMYT's TickrTrends verdict?

MMYT's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.

How does MMYT compare to other Consumer Cyclical stocks?

MMYT ranks #6 of 88 Consumer Cyclical stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is MMYT overbought or oversold?

MMYT's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Consumer Cyclical fair-value coverage →

Head-to-head comparisons

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