MMYT

MMYT — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($53.74)
DCF$27.82-48.2%
Graham Number
Reverse DCFimplied g: 20.4%
DDM
EV/EBITDA$61.06+13.6%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $126.87M
Rev: 10.6% / EPS: -69.6%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$27.82
Current Price$53.74
Upside / Downside-48.2%
Net Debt (used)$597.02M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term2.6%6.6%10.6%14.6%18.6%
7.0%$29.20$36.19$44.27$53.56$64.20
8.0%$22.50$28.09$34.54$41.95$50.43
9.0%$17.87$22.49$27.82$33.94$40.93
10.0%$14.49$18.41$22.92$28.09$34.00
11.0%$11.91$15.29$19.18$23.64$28.73

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.52
Yahoo: $-0.12

Results

Graham Number requires positive EPS and positive Book Value per share. BVPS is zero or negative.
Graham Number
Current Price$53.74
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$53.74
Implied Near-term FCF Growth20.4%
Historical Revenue Growth10.6%
Historical Earnings Growth-69.6%
Base FCF (TTM)$126.87M
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: —

Results

This company does not pay a dividend. DDM is not applicable — the intrinsic value shown uses D0 = $0 unless you enter a hypothetical dividend above.
DDM Intrinsic Value / share
Current Price$53.74
Upside / Downside
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $165.83M
Current: 36.6×
Default: $597.02M

Results

Implied Equity Value / share$61.06
Current Price$53.74
Upside / Downside+13.6%
Implied EV$6.07B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.40B-$402.98M$597.02M$1.60B$2.60B
32.6x$75.99$64.82$53.66$42.49$31.33
34.6x$79.69$68.53$57.36$46.20$35.03
36.6x$83.39$72.23$61.06$49.90$38.74
38.6x$87.10$75.93$64.77$53.60$42.44
40.6x$90.80$79.63$68.47$57.31$46.14