GME
GameStop Corp.
GME offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
MMYT
MakeMyTrip Limited
MMYT has a slight edge over GME overall, supported by stronger modeled upside and lower modeled downside.
GME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Unavailable |
GME's profitability and cash flow are currently strong, and its revenue is stable. There isn't enough data to rate its balance sheet.
MMYT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Weak |
MMYT's profitability is currently healthy, and its revenue is stable, but its cash flow and balance sheet are under pressure.
GME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $25.62 | — |
| Cheap | 18x | $27.96 | +9.1% |
| Forward | 38x | $25.62 | — |
| Fair | 43x | $66.84 | +161% |
| Expensive | 252x | $388 | +1414% |
Historical ranges are pointers, not guarantees.
GME has the edge over MMYT in the historical PE scenario, which offers more potential upside but is not a forecast.
MMYT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 41x | $51.01 | — |
| Cheap | 56x | $18.60 | -64% |
| Fair | 113x | $37.14 | -27% |
| Expensive | 155x | $51.30 | +0.6% |
| Current | 156x | $51.01 | — |
Historical ranges are pointers, not guarantees.
MMYT's PE is in its expensive range at 156x. If earnings grow as analysts expect, today's price would be 41x next year's earnings, in its cheap range.
GME Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GME's earnings and revenue to decline, with profitability weakening.
MMYT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
MMYT has the edge over GME on the outlook, with more favorable valuation and earnings expectations.
GME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | -56% |
| Q3 2026 | $1.54 | +93% |
| Q2 2026 | $1.34 | +153% |
| Q1 2026 | $0.77 | +133% |
| Q4 2025 | $0.89 | +394% |
| Q3 2025 | $0.80 | +515% |
| Q2 2025 | $0.53 | +563% |
| Q1 2025 | $0.33 | +1550% |
| Q4 2024 | $0.18 | +$0.21 |
GME has the edge over MMYT on earnings, with more consistent year-over-year improvement.
MMYT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.24 | +276% |
| Q3 2026 | $0.33 | -48% |
| Q2 2026 | $0.33 | -62% |
| Q1 2026 | $0.47 | -43% |
| Q4 2025 | $0.49 | -73% |
| Q3 2025 | $0.64 | -65% |
| Q2 2025 | $0.86 | -49% |
| Q1 2025 | $0.83 | -50% |
| Q4 2024 | $1.84 | +300% |
MMYT's earnings per share have fallen from their peak: $0.33 over the past year, against $1.84 in late 2024.
GME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $790.2M | -19% |
| Q2 2026 | $835.3M | +14% |
| Q1 2026 | $1.1B | -14% |
| Q4 2025 | $821M | -4.6% |
| Q3 2025 | $972.2M | +22% |
| Q2 2025 | $732.4M | -17% |
| Q1 2025 | $1.3B | -28% |
| Q4 2024 | $860.3M | -20% |
GME's revenue has slid since its 2022 peak: $790M last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +13 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 5% | +8.9 points |
| Q3 2025 | 6.8% | +9.6 points |
| Q2 2025 | -1.5% | +4.3 points |
| Q1 2025 | 6.2% | +3.1 points |
| Q4 2024 | -3.9% | -2.5 points |
GME has the edge over MMYT on profitability, with a higher operating margin.
MMYT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $229.3M | 0% |
| Q2 2026 | $285.6M | +6.2% |
| Q1 2026 | $250.1M | +1.9% |
| Q4 2025 | $295.7M | +11% |
| Q3 2025 | $229.3M | +8.7% |
| Q2 2025 | $268.8M | +5.6% |
| Q1 2025 | $245.5M | +21% |
| Q4 2024 | $267.4M | +25% |
MMYT has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | 0 points |
| Q2 2026 | 15% | +0.3 points |
| Q1 2026 | 16% | +3.3 points |
| Q4 2025 | 14% | +0.9 points |
| Q3 2025 | 15% | +2.6 points |
| Q2 2025 | 15% | +4.1 points |
| Q1 2025 | 13% | +4.5 points |
| Q4 2024 | 13% | +2.4 points |
MMYT's operating margin was 15% last quarter, about level with the same quarter a year ago.
GME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | -46% |
| Q2 2026 | $332.9M | +76% |
| Q1 2026 | $187.4M | +18% |
| Q4 2025 | $107M | +435% |
| Q3 2025 | $113.3M | +73% |
| Q2 2025 | $189.6M | +$304.3M |
| Q1 2025 | $158.8M | +$177.5M |
| Q4 2024 | $20M | +80% |
GME has the edge over MMYT on cash flow, with more consistent year-over-year improvement.
MMYT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $0 | -100% |
| Q2 2026 | $0 | -100% |
| Q1 2026 | $0 | -100% |
| Q4 2025 | $45.6M | +$56.1M |
| Q3 2025 | $48.7M | +37% |
| Q2 2025 | $41.8M | -42% |
| Q1 2025 | $87.8M | +$94.4M |
| Q4 2024 | -$10.5M | -115% |
MMYT generated $46M in free cash flow over the past year, down 73% from the year before.
GME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +300K shares |
| 1 year | +8.4% | +46.1M shares |
| 3 years | +94% | +288M shares |
| 5 years | +104% | +302M shares |
| Available history | +80% | +264M shares |
GME has 593M diluted shares, up 8.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2021 | — |
| Q4 2020 | — |
| Q1 2020 | $21.8M |
| Q4 2019 | $114M |
MMYT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -220K shares |
| 1 year | 0% | -- |
| 3 years | -13% | -14.5M shares |
| 5 years | -9.7% | -10.5M shares |
| Available history | -6.9% | -7.3M shares |
MMYT has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $1.6B |
| Q3 2025 | $3B |
| Q2 2025 | — |
| Q1 2025 | $7M |
| Q4 2024 | — |
MMYT spent $1.6B buying back its own shares over the past year, down 47% from the year before.
GME Net Leverage
MMYT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.3x | High |
| Q2 2026 | 6.2x | High |
| Q1 2026 | 4.7x | High |
| Q4 2025 | 6.7x | High |
| Q3 2025 | 6.3x | High |
| Q2 2025 | 5.1x | High |
| Q1 2025 | -1.7x | Net Cash |
| Q4 2024 | -0.9x | Net Cash |
MMYT's net debt is about 6.3 years of its operating earnings (EBITDA), about the same as a year ago.
GME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 68.5 | Neutral |
GME's weekly RSI is 60 (neutral) and its Stochastic is 69 (neutral).
MMYT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.8 | Neutral |
| Stochastic | 37.3 | Neutral |
MMYT's weekly RSI is 50 (neutral) and its Stochastic is 37 (neutral).
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME has the edge over MMYT on valuation relative to its sector.
MMYT PE vs Consumer Cyclical Sector
| Metric | MMYT | Sector median | Relative |
|---|---|---|---|
| PE | 156x | 18x | 763% above |
| PE % | 83 | 47 | 36 pts above |
MMYT is trading at 156x earnings, a 763% premium to the Consumer Cyclical sector's median of 18x.
GME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 1.8% above |
| 20 week MA | $22.4 | 15% above |
| 50 week MA | $22.6 | 13% above |
| 100 week MA | $24.0 | 7% above |
| 200 week MA | $21.8 | 17% above |
GME has the edge over MMYT on trend strength, trading above more of its moving averages.
MMYT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $46.2 | 10% above |
| 20 week MA | $52.0 | 2% below |
| 50 week MA | $54.4 | 6.2% below |
| 100 week MA | $76.1 | 33% below |
| 200 week MA | $66.9 | 24% below |
MMYT has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 24% below its 200-week average.
GME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.48 | $5.04 | +241% |
| 2021 | $5.04 | $38.0 | +655% |
| 2022 | $38.0 | $20.1 | -47% |
| 2023 | $20.1 | $17.5 | -13% |
| 2024 | $17.5 | $32.2 | +84% |
| 2025 | $32.2 | $21.1 | -35% |
| 2026 YTD | $21.1 | $25.6 | +21% |
GME has the edge over MMYT on returns for 2026, with the stronger performance.
MMYT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.6 | $27.2 | +15% |
| 2021 | $27.2 | $28.3 | +4.1% |
| 2022 | $28.3 | $28.0 | -1.1% |
| 2023 | $28.0 | $47.0 | +68% |
| 2024 | $47.0 | $114.5 | +144% |
| 2025 | $114.5 | $83.3 | -27% |
| 2026 YTD | $83.3 | $51.0 | -39% |
MMYT is down 39% so far in 2026, after finishing higher in four of the previous six years.