Why Is a $116B Mining Giant Backing a $10M Firm?

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

MMYT
MakeMyTrip Ltd
NASDAQ
70.31
Open 73.00 Prev Close 72.81
High 73.82 Low 70.24
Volume 1,604,044 Volume (Avg) 1,034
52 Week High 123.00 52 Week Low 70.24
Market Cap 6.7B PE Ratio 107.94

Shares Stats

Shares Outstanding89,850,000
Shares Float74,890,000
Shares Short5,520,000
Insider Holdings1780%
Institution Holdings96.87%

About MakeMyTrip Ltd

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. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

General

NameMakeMyTrip Ltd
TickerMMYT
ExchangeNASDAQ
SectorConsumer Cyclical
IndustryTravel Services
CurrencyUSD
CountryUSA
Fiscal Year EndMarch
Full Time Employees5,122

Highlights

Analyst Target112.70
Market Cap6,689,800,000
PE Ratio107.94
PEG Ratio-0.21
EBITDA159,407,008

Financials

Curr Year EPS Estimate1.33
Next Quarter EPS Estimate0.57
Profit Margin7.57%
Operating Margin13.73
Return on Assets0.05
Return on Equity0.13
Revenue1B
Earnings Per Share0.65
Revenue Per Share9.21
Gross Profit581,977,984
Quarterly Revenue Growth0.09

Valuation

Trailing PE108.17
Price/Sales (Trailing 12 Mt.)6.62
Price/Book (Most Recent Quarter)271.61

Earnings

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