Mondee Investor Presentation
Valuation Expansion Opportunity¹
Despite a higher profitable-growth profile, Mondee trades at a discount to peers
EV/Revenue
EV/EBITDA
Revenue Growth
EBITDA Margin
Revenue Growth + EBITDA Margin
Implied Mondee Stock Price at
Same Revenue Multiple²
mondee
1.4x
9.1x
47%
16%
63%
$3³
EaseMyTrip.com
11.0x
28.4x
20%
39%
59%
$24
airbnb
6.1x
16.8x
11%
36%
48%
$13
make my trip
4.6x
29.7x
17%
16%
32%
$10
1 Data source: Capital IQ as of 11/10/23; Numbers are rounded and are based on calendar 2024 Street means as of 11/10/23
2 Implied Mondee stock prices are based on peer's EV / Revenue Multiples
3 Mondee (MOND) actual stock price as of 11/10/23
AMADEUS
5.0x
12.8x
13%
39%
52%
$11
BOOKING
HOLDINGS
4.1x
13.3x
25%
30%
55%
$9
Average
6.2x
20.2x
17%
32%
49%
$14
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