Discounted Cash Flow

Makemytrip Ltd. Foreign

MMYT · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $447.6m $-62.8m $-117.2m -14.0%
2018 $675.3m (50.9%) $-220.3m (-251.0%) $-129.7m (-10.7%) -32.6% (-132.7%)
2019 $486.0m (-28.0%) $-241.9m (-9.8%) $-82.4m (36.5%) -49.8% (-52.6%)
2020 $511.5m (5.3%) $-523.1m (-116.2%) $-116.3m (-41.1%) -102.3% (-105.5%)
2021 $163.4m (-68.0%) $-40.9m (92.2%) $63.9m (154.9%) -25.0% (75.5%)
2022 $303.9m (86.0%) $-31.4m (23.3%) $-8.2m (-112.8%) -10.3% (58.7%)
2023 $593.0m (95.1%) $-59.6m (-89.8%) $28.9m (454.7%) -10.0% (2.7%)
2024 $782.5m (32.0%) $205.9m (445.6%) $129.5m (347.6%) 26.3% (361.9%)
2025 $978.3m (25.0%) $73.3m (-64.4%) $186.4m (43.9%) 7.5% (-71.5%)
2026 $918.3m (-6.1%) $51.8m (-29.3%) $168.0m (-9.8%) 5.6% (-24.7%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model