Last Price$87.10.1%
Market Cap$9,846.1M
LTM Cash Return on Invested Capital (CROIC)
34.5%
5Y avg
6.9%
Travel Services industry
median
8.7%
Stock quality & Intrinsic value
7/10
(0.8%) overvalued
MakeMyTrip Limited Cash Return on Invested Capital (CROIC)
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Mar'08 | Mar'09 | Mar'10 | Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Return on Invested Capital (CROIC) | 0.0% | (141.4%) | 9,344.5% | (273.7%) | 15.0% | 28.2% | (25.7%) | 10.1% | (207.0%) | (20.1%) | (11.7%) | (8.0%) | (13.5%) | 7.2% | (1.0%) | 2.2% | 15.1% |
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MakeMyTrip Limited (MMYT) Cash Return on Invested Capital (CROIC) comparison analysis
General
LTM Cash Return on Invested Capital (CROIC)
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
MakeMyTrip LimitedMMYT
34.5%
32.0%
N/A
27.7%
Median Peer Set
9.2%
11.5%
28.8%
9.8%
Booking Holdings Inc.BKNG
153.3%
11.1%
47.4%
24.8%
Airbnb, Inc.ABNB
67.5%
11.9%
(44.3%)
23.9%
Despegar.com, Corp.DESP
25.7%
31.2%
(90.4%)
3.5%
Expedia Group, Inc.EXPE
24.1%
6.6%
70.7%
9.0%
Tripadvisor, Inc.TRIP
9.8%
2.6%
1,601.5%
0.3%
Travel + Leisure Co.TNL
8.7%
3.0%
10.2%
10.6%
Royal Caribbean Cruises Ltd.RCL
6.0%
18.6%
65.0%
17.5%
Norwegian Cruise Line Holdings Ltd.NCLH
4.8%
76.5%
N/A
1.9%
Sabre CorporationSABR
0.1%
4.2%
(53.2%)
(9.2%)
Trip.com Group LimitedTCOM
(0.1%)
110.8%
355.4%
22.3%
MMYT key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Mar'08 | Mar'09 | Mar'10 | Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 38.3 0.0% | 68.6 78.8% | 83.6 21.9% | 124.7 49.3% | 196.6 57.6% | 228.8 16.4% | 255.4 11.6% | 299.7 17.3% | 336.1 12.1% | 447.6 33.2% | 675.3 50.9% | 486.0 (28.0%) | 511.5 5.3% | 163.4 (68.0%) | 303.9 86.0% | 593.0 95.1% | 782.5 32.0% |
| Cost of Goods Sold (COGS) | 21.8 | 43.6 | 43.3 | 63.7 | 108.4 | 140.7 | 149.0 | 160.7 | 167.0 | 173.9 | 175.9 | 173.4 | 154.3 | 22.3 | 58.8 | 177.6 | 362.7 |
% margin | 16.5 43.1% | 25.0 36.5% | 40.3 48.2% | 61.1 49.0% | 88.2 44.9% | 88.2 38.5% | 106.4 41.7% | 138.9 46.4% | 169.0 50.3% | 273.7 61.1% | 499.4 74.0% | 312.6 64.3% | 357.2 69.8% | 141.1 86.4% | 245.2 80.7% | 415.5 70.1% | 419.8 53.7% |
| Operating Expenses | 32.8 | 35.4 | 46.3 | 57.0 | 84.2 | 106.2 | 121.7 | 153.4 | 235.8 | 393.9 | 715.5 | 465.6 | 514.5 | 208.8 | 275.5 | 391.9 | 354.6 |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 9.1 | 6.9 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 25.3 | 23.0 | 31.0 | 14.4 | 26.5 | 34.5 | 37.2 | 99.3 | 196.7 | 321.3 | 590.0 | 329.1 | 296.4 | 128.4 | 168.0 | 233.6 | 123.3 |
% margin | (16.3) (42.5%) | (10.6) (15.5%) | (6.0) (7.2%) | 4.1 3.3% | 4.0 2.0% | (18.1) (7.9%) | (15.3) (6.0%) | (14.5) (4.9%) | (66.8) (19.9%) | (135.4) (30.2%) | (219.4) (32.5%) | (152.9) (31.5%) | (157.3) (30.7%) | (67.7) (41.4%) | (20.3) (6.7%) | 34.6 5.8% | 65.2 8.3% |
| Interest Income | 0.9 | 1.3 | 1.6 | 1.6 | 2.0 | 4.2 | 2.4 | 3.2 | 1.6 | 2.8 | 5.2 | 6.5 | 3.4 | 12.1 | 10.0 | 11.0 | 24.3 |
| Interest Expense | 1.1 | 1.6 | 1.3 | 3.5 | 5.0 | 4.9 | 7.8 | 0.2 | 3.8 | 8.6 | 0.4 | 0.3 | 21.4 | 4.8 | 26.3 | 46.7 | 17.7 |
| Pre-tax Income | (18.9) | (7.4) | (6.2) | 2.1 | 1.0 | (19.0) | (20.8) | (18.2) | (88.4) | (110.1) | (220.1) | (168.6) | (447.5) | (60.5) | (46.7) | (12.1) | 92.9 |
% effective tax rate | (0.0) 0.0% | (0.0) 0.3% | 0.0 (0.1%) | (2.7) (125.9%) | (6.1) (626.5%) | 8.6 (45.3%) | 0.1 (0.4%) | 0.1 (0.7%) | 0.2 (0.2%) | 0.2 (0.2%) | 0.1 (0.0%) | (0.7) 0.4% | (0.0) 0.0% | (4.5) 7.4% | (1.1) 2.4% | (1.0) 8.0% | (123.8) (133.2%) |
% margin | (18.9) (49.3%) | (7.3) (10.7%) | (6.2) (7.4%) | 4.8 3.9% | 7.0 3.6% | (27.6) (12.1%) | (20.9) (8.2%) | (18.3) (6.1%) | (88.5) (26.3%) | (110.2) (24.6%) | (218.4) (32.3%) | (167.8) (34.5%) | (447.5) (87.5%) | (56.0) (34.3%) | (45.6) (15.0%) | (11.2) (1.9%) | 216.8 27.7% |
| EPS | (0.70) | (0.25) | (0.35) | 0.17 | 0.20 | (0.74) | (0.55) | (0.44) | (2.12) | (2.09) | (2.18) | (1.61) | (4.26) | (0.52) | (0.42) | (0.10) | 1.95 |
| Diluted EPS | (0.70) | (0.25) | (0.35) | 0.15 | 0.19 | (0.74) | (0.55) | (0.44) | (2.12) | (2.09) | (2.18) | (1.61) | (4.25) | (0.52) | (0.42) | (0.10) | 1.83 |
% margin | (16.7) (43.4%) | (7.5) (11.0%) | (3.3) (3.9%) | 4.8 3.8% | 5.2 2.7% | (14.9) (6.5%) | (15.0) (5.9%) | (6.5) (2.2%) | (69.8) (20.8%) | (80.7) (18.0%) | (189.4) (28.0%) | (140.2) (28.8%) | (407.7) (79.7%) | (22.9) (14.0%) | (1.2) (0.4%) | 32.5 5.5% | 138.8 17.7% |
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FAQ
1) What is MakeMyTrip Limited's Cash Return on Invested Capital (CROIC)?
As of today, Microsoft Corp's last 12-month Cash Return on Invested Capital (CROIC) is 34.5%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Cash Return on Invested Capital (CROIC) for MakeMyTrip Limited have been 11.4% over the past three years, and 7.3% over the past five years.
2) Is MakeMyTrip Limited's Cash Return on Invested Capital (CROIC) Good?
As of today, MakeMyTrip Limited's Cash Return on Invested Capital (CROIC) is 34.5%, which is higher than industry median of 8.7%. It indicates that MakeMyTrip Limited's Cash Return on Invested Capital (CROIC) is Good.