WallStSmart

Booking Holdings Inc (BKNG)vsMakeMyTrip Limited (MMYT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Booking Holdings Inc generates 2562% more annual revenue ($28.24B vs $1.06B). BKNG leads profitability with a 25.5% profit margin vs 3.2%. BKNG appears more attractively valued with a PEG of 0.64. BKNG earns a higher WallStSmart Score of 76/100 (B+).

BKNG

Strong Buy

76

out of 100

Grade: B+

Growth: 8.0Profit: 10.0Value: 6.7Quality: 7.5
Piotroski: 4/9Altman Z: 4.05

MMYT

Hold

44

out of 100

Grade: D

Growth: 6.0Profit: 5.5Value: 4.7Quality: 7.0
Piotroski: 4/9Altman Z: -0.81
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BKNGUndervalued (+10.9%)

Margin of Safety

+10.9%

Fair Value

$188.41

Current Price

$168.52

$19.89 discount

UndervaluedFair: $188.41Overvalued
MMYTUndervalued (+30.7%)

Margin of Safety

+30.7%

Fair Value

$85.71

Current Price

$48.34

$37.37 discount

UndervaluedFair: $85.71Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BKNG6 strengths · Avg: 9.8/10
Return on EquityProfitability
225.7%10/10

Every $100 of equity generates 226 in profit

Operating MarginProfitability
34.4%10/10

Strong operational efficiency at 34.4%

EPS GrowthGrowth
130.0%10/10

Earnings expanding 130.0% YoY

Debt/EquityHealth
-1.9210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.0510/10

Safe zone — low bankruptcy risk

Market CapQuality
$130.68B9/10

Large-cap with strong market position

MMYT1 strengths · Avg: 10.0/10
Debt/EquityHealth
-5.0010/10

Conservative balance sheet, low leverage

Areas to Watch

BKNG0 concerns · Avg: 0/10

No major concerns identified

MMYT4 concerns · Avg: 2.3/10
Profit MarginProfitability
3.2%3/10

3.2% margin — thin

PEG RatioValuation
5.392/10

Expensive relative to growth rate

P/E RatioValuation
234.3x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-60.8%2/10

Earnings declined 60.8%

Comparative Analysis Report

WallStSmart Research

Bull Case : BKNG

The strongest argument for BKNG centers on Return on Equity, Operating Margin, EPS Growth. Profitability is solid with margins at 25.5% and operating margin at 34.4%. PEG of 0.64 suggests the stock is reasonably priced for its growth.

Bull Case : MMYT

The strongest argument for MMYT centers on Debt/Equity.

Bear Case : BKNG

No major red flags identified for BKNG, but monitor valuation.

Bear Case : MMYT

The primary concerns for MMYT are Profit Margin, PEG Ratio, P/E Ratio. A P/E of 234.3x leaves little room for execution misses. Thin 3.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

BKNG profiles as a mature stock while MMYT is a value play — different risk/reward profiles.

BKNG carries more volatility with a beta of 1.07 — expect wider price swings.

BKNG is growing revenue faster at 8.1% — sustainability is the question.

Monitor TRAVEL SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BKNG scores higher overall (76/100 vs 44/100), backed by strong 25.5% margins. MMYT offers better value entry with a 30.7% margin of safety. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Booking Holdings Inc

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

Booking Holdings Inc. is an American travel technology company organized in Delaware and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable.

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MakeMyTrip Limited

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company is headquartered in Gurugram, India.

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