MMYT vs. GFF
MMYT (MakeMyTrip Limited) and GFF (Griffon Corporation) are both stocks. MMYT operates in Travel Services (Consumer Cyclical), while GFF operates in Tools & Accessories (Industrials). Over the past 10 years, MMYT returned 11.14%/yr vs 22.94%/yr for GFF. At a 0.24 correlation, their price movements are largely independent.
Performance
MMYT vs. GFF - Performance Comparison
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Returns By Period
In the year-to-date period, MMYT achieves a -47.45% return, which is significantly lower than GFF's 27.90% return. Over the past 10 years, MMYT has underperformed GFF with an annualized return of 11.14%, while GFF has yielded a comparatively higher 22.94% annualized return.
MMYT
- 1D
- 3.38%
- 1M
- 0.05%
- YTD
- -47.45%
- 6M
- -47.76%
- 1Y
- -57.03%
- 3Y*
- 15.29%
- 5Y*
- 8.27%
- 10Y*
- 11.14%
GFF
- 1D
- -1.66%
- 1M
- 13.38%
- YTD
- 27.90%
- 6M
- 22.27%
- 1Y
- 35.26%
- 3Y*
- 37.45%
- 5Y*
- 35.01%
- 10Y*
- 22.94%
MMYT vs. GFF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMYT MakeMyTrip Limited | -47.45% | -26.86% | 139.00% | 70.40% | -0.51% | -6.16% | 28.95% | -5.88% | -18.49% | 34.46% |
GFF Griffon Corporation | 27.90% | 4.42% | 17.97% | 83.96% | 36.91% | 41.60% | 1.83% | 97.74% | -44.92% | -21.43% |
Correlation
The correlation between MMYT and GFF is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2010 | 0.24 |
Fundamentals
MMYT:
$4.51B
GFF:
$4.28B
MMYT:
$0.49
GFF:
$0.76
MMYT:
87.28
GFF:
124.05
MMYT:
0.44
GFF:
1.61
MMYT:
4.33
GFF:
1.84
MMYT:
$1.04B
GFF:
$2.35B
MMYT:
$725.37M
GFF:
$1.00B
MMYT:
$204.47M
GFF:
$245.38M
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Return for Risk
MMYT vs. GFF — Risk / Return Rank
MMYT
GFF
MMYT vs. GFF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) and Griffon Corporation (GFF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MMYT | GFF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -3.32 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.19 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 1.27 | -2.15 |
| Martin ratioReturn relative to average drawdown | -1.59 | 3.34 | -4.93 |
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Drawdowns
MMYT vs. GFF - Drawdown Comparison
The maximum MMYT drawdown since its inception was -73.45%, smaller than the maximum GFF drawdown of -96.84%. Use the drawdown chart below to compare losses from any high point for MMYT and GFF.
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Drawdown Indicators
| MMYT | GFF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.45% | -96.84% | +23.39% |
Max Drawdown (1Y)Largest decline over 1 year | -64.83% | -27.85% | -36.98% |
Max Drawdown (3Y)Largest decline over 3 years | -69.87% | -27.85% | -42.02% |
Max Drawdown (5Y)Largest decline over 5 years | -69.87% | -39.02% | -30.85% |
Max Drawdown (10Y)Largest decline over 10 years | -73.45% | -61.32% | -12.13% |
Current DrawdownCurrent decline from peak | -64.18% | -1.66% | -62.52% |
Average DrawdownAverage peak-to-trough decline | -36.38% | -55.47% | +19.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.88% | 10.61% | +25.27% |
Volatility
MMYT vs. GFF - Volatility Comparison
MakeMyTrip Limited (MMYT) has a higher volatility of 18.03% compared to Griffon Corporation (GFF) at 12.72%. This indicates that MMYT's price experiences larger fluctuations and is considered to be riskier than GFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MMYT | GFF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.03% | 12.72% | +5.31% |
Volatility (6M)Calculated over the trailing 6-month period | 42.58% | 25.86% | +16.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.26% | 36.24% | +14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.33% | 41.23% | +8.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.46% | 45.37% | +8.09% |
Dividends
MMYT vs. GFF - Dividend Comparison
MMYT has not paid dividends to shareholders, while GFF's dividend yield for the trailing twelve months is around 0.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFF Griffon Corporation | 0.90% | 1.03% | 0.88% | 4.10% | 6.62% | 1.16% | 1.50% | 1.44% | 12.27% | 1.23% | 0.80% | 0.96% |
MMYT MakeMyTrip Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MMYT vs. GFF - Financials Comparison
This section allows you to compare key financial metrics between MakeMyTrip Limited and Griffon Corporation. 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. GFF - Profitability Comparison
MMYT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MakeMyTrip Limited reported a gross profit of 145.76M and revenue of 250.12M. Therefore, the gross margin over that period was 58.3%.
GFF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported a gross profit of 191.99M and revenue of 421.86M. Therefore, the gross margin over that period was 45.5%.
MMYT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MakeMyTrip Limited reported an operating income of 40.10M and revenue of 250.12M, resulting in an operating margin of 16.0%.
GFF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported an operating income of 87.35M and revenue of 421.86M, resulting in an operating margin of 20.7%.
MMYT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MakeMyTrip Limited reported a net income of 24.25M and revenue of 250.12M, resulting in a net margin of 9.7%.
GFF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported a net income of 46.94M and revenue of 421.86M, resulting in a net margin of 11.1%.
Frequently Asked Questions
MMYT and GFF have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MMYT has higher volatility (18.03%) compared to GFF (12.72%). In terms of maximum drawdown, MMYT dropped -73.45% vs GFF's -96.84%.
GFF currently has the higher Sharpe Ratio (0.98 vs -1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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