Hafnia (HAFN) vs MakeMyTrip (MMYT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Hafnia (HAFN) has outperformed MakeMyTrip (MMYT) over the past year, gaining 81.7% versus a loss of 52.6%. Hafnia is the larger company by market cap ($5.74 billion vs $4.21 billion), about 1.4 times the size, while MakeMyTrip is growing revenue faster (+25.0% vs +7.4%). On valuation, Hafnia trades at a lower forward P/E (15.1x vs 18.0x for MakeMyTrip).
Hafnia pays a dividend yielding 10.36%, while MakeMyTrip does not currently pay one. Hafnia converts more of its revenue into profit, with a net margin of 27.0% versus 9.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HAFN | MMYT |
|---|---|---|
| Share price | $10.72 | $44.73 |
| Market cap | $5.74B | $4.21B |
| 1-day change | -1.20% | +2.76% |
| YTD return | +101.13% | -45.53% |
| 1-year return | +81.69% | -52.63% |
| 5-year return | — | +45.23% |
| P/E ratio (TTM) | 8.31 | 213.00 |
| Forward P/E | 15.10 | 18.02 |
| EPS (TTM) | $1.29 | $0.21 |
| Dividend yield | 10.36% | 0.00% |
| Annual dividend | $1.11 | $0.00 |
| Revenue (latest FY) | $2.87B | $978.34M |
| Revenue growth (YoY) | +7.37% | +25.02% |
| Net income (latest FY) | $774.03M | $95.10M |
| Gross margin | 48.50% | 71.96% |
| Operating margin | 28.09% | 12.25% |
| Net margin | 26.98% | 9.72% |
| 52-week high | $10.90 | $96.60 |
| 52-week low | $5.17 | $32.67 |
| Distance from 52-week high | -1.61% | -53.70% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +7.28% | +64.99% |
| Average volume | 1.97M | 815.75K |
| Shares outstanding | 535.33M | 88.76M |
| Employees | 4,000 | 5,507 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Transportation Services | Transportation Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HAFN has outperformed MMYT by 134.3 percentage points over the past year.
- MakeMyTrip trades at a higher earnings multiple (213.0x vs 8.3x trailing P/E).
- Hafnia offers a meaningfully higher dividend yield (10.36% vs 0.00%).
- Hafnia is more profitable, keeping 27.0 cents of every revenue dollar as net income versus 9.7 cents for MakeMyTrip.
- MakeMyTrip grew revenue faster in its latest fiscal year (+25.02% vs +7.37%).
About Hafnia
HAFN stock →Hafnia Limited., an investment holding company, owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), and Handy Size segments.
Consumer Discretionary · Transportation Services · 4,000 employees
About MakeMyTrip
MMYT stock →MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing.
Consumer Discretionary · Transportation Services · 5,507 employees
HAFN vs MMYT FAQ
Which is bigger, Hafnia or MakeMyTrip?
Hafnia (HAFN) is larger, with a market capitalization of $5.74B compared with $4.21B for MakeMyTrip (MMYT).
Which stock has performed better over the past year, HAFN or MMYT?
HAFN returned +81.69% over the past 12 months, compared with -52.63% for MMYT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HAFN or MMYT?
HAFN has the lower trailing P/E at 8.3, versus 213.0 for MMYT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Hafnia or MakeMyTrip?
Hafnia pays a dividend yielding 10.36%, while MakeMyTrip does not currently pay a regular dividend.
Are Hafnia and MakeMyTrip in the same industry?
Yes. Both are classified in the Transportation Services industry within the Consumer Discretionary sector.