MMYT vs. FSLR
Compare and contrast key facts about MakeMyTrip Limited (MMYT) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMYT or FSLR.
Correlation
The correlation between MMYT and FSLR is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MMYT vs. FSLR - Performance Comparison
Key characteristics
MMYT:
0.99
FSLR:
-0.55
MMYT:
1.60
FSLR:
-0.57
MMYT:
1.20
FSLR:
0.94
MMYT:
1.86
FSLR:
-0.53
MMYT:
4.87
FSLR:
-0.87
MMYT:
11.26%
FSLR:
36.98%
MMYT:
55.68%
FSLR:
58.21%
MMYT:
-73.45%
FSLR:
-96.22%
MMYT:
-6.99%
FSLR:
-58.29%
Fundamentals
MMYT:
$11.81B
FSLR:
$14.00B
MMYT:
$1.91
FSLR:
$11.77
MMYT:
56.30
FSLR:
11.09
MMYT:
-0.21
FSLR:
0.29
MMYT:
13.28
FSLR:
3.20
MMYT:
10.41
FSLR:
1.71
MMYT:
$732.87M
FSLR:
$4.26B
MMYT:
$429.69M
FSLR:
$1.85B
MMYT:
$122.64M
FSLR:
$1.73B
Returns By Period
In the year-to-date period, MMYT achieves a -0.21% return, which is significantly higher than FSLR's -26.36% return. Over the past 10 years, MMYT has outperformed FSLR with an annualized return of 17.68%, while FSLR has yielded a comparatively lower 8.72% annualized return.
MMYT
-0.21%
23.07%
-1.24%
56.02%
49.59%
17.68%
FSLR
-26.36%
-0.21%
-33.11%
-33.33%
24.17%
8.72%
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Risk-Adjusted Performance
MMYT vs. FSLR — Risk-Adjusted Performance Rank
MMYT
FSLR
MMYT vs. FSLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) and First Solar, Inc. (FSLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MMYT vs. FSLR - Dividend Comparison
Neither MMYT nor FSLR has paid dividends to shareholders.
Drawdowns
MMYT vs. FSLR - Drawdown Comparison
The maximum MMYT drawdown since its inception was -73.45%, smaller than the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for MMYT and FSLR. For additional features, visit the drawdowns tool.
Volatility
MMYT vs. FSLR - Volatility Comparison
The current volatility for MakeMyTrip Limited (MMYT) is 15.60%, while First Solar, Inc. (FSLR) has a volatility of 22.11%. This indicates that MMYT experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
MMYT vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between MakeMyTrip Limited and First Solar, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MMYT vs. FSLR - Profitability Comparison
MMYT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, MakeMyTrip Limited reported a gross profit of 189.98M and revenue of 267.36M. Therefore, the gross margin over that period was 71.1%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported a gross profit of 344.40M and revenue of 844.57M. Therefore, the gross margin over that period was 40.8%.
MMYT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, MakeMyTrip Limited reported an operating income of 34.69M and revenue of 267.36M, resulting in an operating margin of 13.0%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported an operating income of 221.24M and revenue of 844.57M, resulting in an operating margin of 26.2%.
MMYT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, MakeMyTrip Limited reported a net income of 27.02M and revenue of 267.36M, resulting in a net margin of 10.1%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported a net income of 209.54M and revenue of 844.57M, resulting in a net margin of 24.8%.