MELI Stock Analysis: MercadoLibre | NASDAQ
Internet Retail | NASDAQ, USA | Market Cap: 97.437m USD | 12M Return: -18.9% | US58733R1023 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 869M
EPS Trend: 86.2%
Qual. Beats: 0
Rev. Trend: 99.9%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
MercadoLibre, Inc. (NASDAQ: MELI) is a Uruguay-based company that operates one of Latin Americas largest online commerce and fintech ecosystems, with a presence across Brazil, Mexico, Argentina, and other markets. Founded in 1999 and headquartered in Montevideo, the company runs the Mercado Libre Marketplace, a two-sided platform accessible via mobile app and website that connects buyers and sellers, complemented by advertising and classifieds services (Mercado Ads and Mercado Libre Classifieds).
The business extends well beyond marketplace commerce through Mercado Pago, a financial technology platform offering digital payments and related services. Additional products include Mercado Fondo for investing account balances, Mercado Credito for lending, and Mercado Envios for logistics and shipping, creating an integrated commerce-and-finance model that targets both consumers and merchants.
Listed on NASDAQ since 2007, MercadoLibre is classified within the Consumer Discretionary sector under Broadline Retail, reflecting its core marketplace operations alongside its growing fintech, credit, and logistics verticals.
- Mercado Pago credit portfolio expansion lifts fintech margins
- Brazil and Mexico GMV growth accelerates marketplace revenue
- Argentina peso devaluation pressures reported margins and earnings
| Net Income: 1.86b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.24 > 0.02 and ΔFCF/TA 3.47 > 1.0 |
| NWC/Revenue: 12.53% < 20% (prev 17.90%; Δ -5.36% < -1%) |
| CFO/TA 0.26 > 3% & CFO 13.2b > Net Income 1.86b |
| Net Debt (10.1b) to EBITDA (3.89b): 2.60 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (50.7m) vs 12m ago -0.00% < -2% |
| Gross Margin: 42.68% > 18% (prev 45.87%; Δ -3.20% > 0.5%) |
| Asset Turnover: 83.46% > 50% (prev 73.13%; Δ 10.33% > 0%) |
| Interest Coverage Ratio: 14.54 > 6 (EBIT TTM 2.91b / Interest Expense TTM 200.0m) |
| A: 0.09 (Total Current Assets 40.8b - Total Current Liabilities 36.4b) / Total Assets 51.4b |
| B: 0.13 (Retained Earnings 6.69b / Total Assets 51.4b) |
| C: 0.07 (EBIT TTM 2.91b / Avg Total Assets 42.2b) |
| D: 0.18 (Book Value of Equity 7.83b / Total Liabilities 43.5b) |
| Altman-Z'' = 1.64 = BB |
| DSRI: 1.01 (Receivables 19.8b/13.5b, Revenue 35.2b/24.1b) |
| GMI: 1.07 (GM 45.87% / 42.68%) |
| AQI: 0.99 (AQ_t 0.10 / AQ_t-1 0.10) |
| SGI: 1.46 (Revenue 35.2b / 24.1b) |
| TATA: -0.22 (NI 1.86b - CFO 13.2b) / TA 51.4b) |
| Beneish M = -2.65 (Cap -4..+1) = A |
As of August 27, 2026, the stock is trading at USD 1950.44 with a total of 326,698 shares traded. Over the past week, the price has changed by +2.19%, over one month by +7.18%, over three months by +18.35% and over the past year by -18.92%.
Current recommended Stop Loss: 1850.00 (which is 5.1% or 1.5 ATR below the current price).
MercadoLibre has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy MELI.
- StrongBuy: 15
- Buy: 6
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 2256.5 | 15.7% |
P/E Trailing = 51.8188
P/E Forward = 45.4545
P/S = 2.7695
P/B = 12.3516
P/EG = 1.3601
Revenue TTM = 35.2b USD
EBIT TTM = 2.91b USD
EBITDA TTM = 3.89b USD
Long Term Debt = 4.08b USD (from longTermDebt, last quarter)
Short Term Debt = 7.00b USD (from shortTermDebt, last quarter)
Debt = 15.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.67b
Net Debt = 10.1b USD (calculated: Debt 15.8b - CCE 5.73b)
Enterprise Value = 108b USD (97.4b + Debt 15.8b - CCE 5.73b)
Interest Coverage Ratio = 14.54 (Ebit TTM 2.91b / Interest Expense TTM 200.0m)
EV/FCF = 8.63x (Enterprise Value 108b / FCF TTM 12.5b)
FCF Yield = 11.59% (FCF TTM 12.5b / Enterprise Value 108b)
FCF Margin = 35.42% (FCF TTM 12.5b / Revenue TTM 35.2b)
Net Margin = 5.30% (Net Income TTM 1.86b / Revenue TTM 35.2b)
Gross Margin = 42.68% ((Revenue TTM 35.2b - Cost of Revenue TTM 20.2b) / Revenue TTM)
Gross Margin QoQ = 40.90% (prev 43.66%)
Tobins Q-Ratio = 2.09 (Enterprise Value 108b / Total Assets 51.4b)
Interest Expense / Debt = 1.26% (Interest Expense 200.0m / Debt 15.8b)
Taxrate = 14.12% (312.0m / 2.21b)
NOPAT = 2.50b (EBIT 2.91b * (1 - 14.12%))
Current Ratio = 1.12 (Total Current Assets 40.8b / Total Current Liabilities 36.4b)
Debt / Equity = 2.02 (Debt 15.8b / totalStockholderEquity, last quarter 7.83b)
Debt / EBITDA = 2.60 (Net Debt 10.1b / EBITDA 3.89b)
Debt / FCF = 0.81 (Net Debt 10.1b / FCF TTM 12.5b)
Total Stockholder Equity = 7.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.42% (Net Income 1.86b / Total Assets 51.4b)
RoE = 26.54% (Net Income TTM 1.86b / Total Stockholder Equity 7.02b)
RoCE = 26.19% (EBIT 2.91b / Capital Employed (Equity 7.02b + L.T.Debt 4.08b))
RoIC = 12.35% (NOPAT 2.50b / Invested Capital 20.2b)
WACC = 7.91% (E(97.4b)/V(113b) * Re(9.02%) + D(15.8b)/V(113b) * Rd(1.26%) * (1-Tc(0.14)))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 1.07 | Cagr: -0.00%
[DCF] Terminal Value 77.97% ; FCFF base≈10.2b ; Y1≈11.7b ; Y5≈17.2b
[DCF] Fair Price = 4.92k (EV 259b - Net Debt 10.1b = Equity 249b / Shares 50.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 86.24 | EPS CAGR: 32.26% | SUE: 0.22 | # QB: 0
Revenue Correlation: 99.92 | Revenue CAGR: 39.95% | SUE: 1.74 | # QB: 3
EPS current Quarter (2026-09-30): EPS=9.25 | Chg30d=-3.91% | Revisions=+17% | Analysts=10
EPS current Year (2026-12-31): EPS=38.31 | Chg30d=-4.05% | Revisions=-18% | GrowthEPS=-2.8% | GrowthRev=+44.2%
EPS next Year (2027-12-31): EPS=55.99 | Chg30d=-2.44% | Revisions=-8% | GrowthEPS=+46.2% | GrowthRev=+27.7%
[Analyst] Revisions Ratio: -9% (up=9, down=11)