Expedia Group, Inc. (EXPE) vs MakeMyTrip Limited (MMYT)

Expedia Group, Inc. and MakeMyTrip Limited are both Travel Services companies. Expedia Group, Inc. is the larger, with a market value of $32.4B against $4.1B — 7.9× the size. Expedia Group, Inc. trades at the lower P/E: 16.4× against 128×. Expedia Group, Inc. grew revenue faster over the last twelve months: 12.0% against 6.86%. Expedia Group, Inc. has the higher net margin (13.0% vs 3.23%) and the lower return on invested capital (0.00% vs 16.6%). Across the 20 metrics below, Expedia Group, Inc. leads on 15 and MakeMyTrip Limited on 5.

Valuation

Metric EXPE MMYT Travel Services median
P/E 16.43 127.80 17.35
P/S 2.10 4.08 2.69
P/B 13.34 n/m 2.65
Price to free cash flow 7.39 38.04 11.30
EV/EBITDA 8.00 31.33 13.07
EV/Sales 1.95 4.71 3.07
Earnings yield 6.08% 0.78% 3.72%
Free cash flow yield 13.53% 2.63% 3.91%

Profitability

Metric EXPE MMYT Travel Services median
Gross margin 90.43% 76.78% 76.78%
Operating margin 15.97% 15.02% 15.09%
Net margin 12.97% 3.23% 7.49%
Free cash flow margin 28.40% 15.78% 3.61%
Return on equity 89.36% 2,808.04% 8.82%
Return on assets 7.27% 1.03% 3.46%
Return on invested capital 0.00% 16.60% 5.08%

Growth

Metric EXPE MMYT Travel Services median
Revenue growth (TTM) 12.00% 6.86% 12.85%
EPS growth (last fiscal year) 9.61% (56.63%) 7.79%
Revenue growth, 5-year CAGR 23.16% 44.90% 29.37%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EXPE MMYT Travel Services median
Debt to equity 2.21 (24.20) 0.24
Current ratio 0.80 3.13 1.21
Net debt to EBITDA (0.36) 3.48 1.04

Dividend

Metric EXPE MMYT Travel Services median
Dividend yield 0.67% — 1.71%
Payout ratio 0.11 — 0.20

Size

Metric EXPE MMYT Travel Services median
Market cap 32.42b 4.09b 3.96b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack