MakeMyTrip Limited (MMYT) vs TripAdvisor, Inc. (TRIP)

MakeMyTrip Limited and TripAdvisor, Inc. are both Travel Services companies. MakeMyTrip Limited is the larger, with a market value of $4.8B against $864.9M — 5.6× the size. TripAdvisor, Inc. has negative trailing earnings, so its P/E is not meaningful; MakeMyTrip Limited trades at 120×. MakeMyTrip Limited grew revenue faster over the last twelve months: 5.49% against −11.6%. MakeMyTrip Limited has the higher net margin (3.91% vs −21.6%) and the higher return on invested capital (17.6% vs 0.00%). Across the 19 metrics below, MakeMyTrip Limited leads on 11 and TripAdvisor, Inc. on 8.

Valuation

Metric MMYT TRIP Travel Services median
P/E 119.75 n/m 19.05
P/S 4.66 0.52 2.64
P/B n/m 2.36 2.71
Price to free cash flow 42.90 5.68 13.14
EV/EBITDA 34.80 6.97 13.28
EV/Sales 5.27 0.60 3.26
Earnings yield 0.84% (41.57%) 4.29%
Free cash flow yield 2.33% 17.60% 4.65%

Profitability

Metric MMYT TRIP Travel Services median
Gross margin 77.26% 0.00% 52.17%
Operating margin 15.15% 0.00% 15.57%
Net margin 3.91% (21.60%) 8.07%
Free cash flow margin 15.87% (3.04%) 7.89%
Return on equity (162.39%) (67.29%) 1.26%
Return on assets 2.26% (14.75%) 3.81%
Return on invested capital 17.58% 0.00% 5.65%

Growth

Metric MMYT TRIP Travel Services median
Revenue growth (TTM) 5.49% (11.60%) 11.33%
EPS growth (last fiscal year) (56.63%) 675.00% 5.97%
Revenue growth, 5-year CAGR 44.90% 25.64% 29.37%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MMYT TRIP Travel Services median
Debt to equity (18.05) 2.33 0.21
Current ratio 2.94 1.75 1.33
Net debt to EBITDA 3.48 1.01 1.01

Dividend

Metric MMYT TRIP Travel Services median
Dividend yield — — 1.52%
Payout ratio — — 0.20

Size

Metric MMYT TRIP Travel Services median
Market cap 4.82b 864.93m 4.77b

Compare with another peer

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