(MELI) MercadoLibre - Overview

Sector: Consumer Cyclical | Industry: Internet Retail | Exchange: NASDAQ (USA) | Market Cap: 81.489m USD | Total Return: -38.1% in 12m

E-commerce, Digital Payments, Logistics, Lending, Advertising
Total Rating 42
Safety 71
Buy Signal -0.68
Internet Retail
Industry Rotation: -11.2
Market Cap: 81.5B
Avg Turnover: 787M
Risk 3d forecast
Volatility49.9%
VaR 5th Pctl8.44%
VaR vs Median2.64%
Reward TTM
Sharpe Ratio-1.14
Rel. Str. IBD6.4
Rel. Str. Peer Group25
Character TTM
Beta0.604
Beta Downside0.042
Hurst Exponent0.498
Drawdowns 3y
Max DD40.82%
CAGR/Max DD0.17
CAGR/Mean DD0.62
EPS (Earnings per Share) EPS (Earnings per Share) of MELI over the last years for every Quarter: "2021-03": -0.68, "2021-06": 1.37, "2021-09": 1.92, "2021-12": -0.75, "2022-03": 1.3, "2022-06": 2.43, "2022-09": 2.56, "2022-12": 3.25, "2023-03": 3.97, "2023-06": 5.16, "2023-09": 7.16, "2023-12": 3.25, "2024-03": 6.78, "2024-06": 10.48, "2024-09": 7.83, "2024-12": 12.61, "2025-03": 9.74, "2025-06": 10.31, "2025-09": 8.32, "2025-12": 11.03, "2026-03": 8.23,
EPS CAGR: 38.45%
EPS Trend: 84.1%
Last SUE: -1.31
Qual. Beats: -1
Revenue Revenue of MELI over the last years for every Quarter: 2021-03: 1378, 2021-06: 1703, 2021-09: 1858, 2021-12: 2130.766, 2022-03: 2248, 2022-06: 2597, 2022-09: 2690, 2022-12: 3002, 2023-03: 3186, 2023-06: 3585, 2023-09: 3927, 2023-12: 4261, 2024-03: 4333, 2024-06: 5073, 2024-09: 5312, 2024-12: 6059, 2025-03: 5935, 2025-06: 6790, 2025-09: 7409, 2025-12: 8759, 2026-03: 8845,
Rev. CAGR: 38.65%
Rev. Trend: 99.7%
Last SUE: 2.22
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: MELI MercadoLibre

MercadoLibre, Inc. operates the dominant e-commerce and fintech ecosystem in Latin America, primarily serving Brazil, Mexico, and Argentina. The company’s business model integrates a third-party marketplace with a proprietary logistics network, Mercado Envios, and a comprehensive financial services suite under the Mercado Pago brand.

The company functions as a diversified digital platform, providing credit facilities through Mercado Credito and advertising solutions via Mercado Ads. In the Broadline Retail sector, this integrated flywheel approach is designed to increase user retention by linking online shopping directly with digital payment processing and asset management.

Investors can further evaluate these operational segments and valuation metrics on ValueRay. MercadoLibre remains a central infrastructure provider for the digital economy in emerging markets, benefiting from increasing internet penetration and the shift away from cash-based transactions in its core geographic regions.

Headlines to Watch Out For
  • Mercado Pago fintech volume growth drives ecosystem monetization and margin expansion
  • Logistics infrastructure investments enhance shipping speed and lower fulfillment costs
  • Brazilian and Mexican consumer spending levels dictate regional e-commerce revenue growth
  • Higher interest rates in Latin America impact Mercado Credito loan performance
  • Currency devaluation in Argentina and Brazil creates significant foreign exchange headwinds
Piotroski VR‑10 (Strict) 7.0
Net Income: 1.92b TTM > 0 and > 6% of Revenue
FCF/TA: 0.23 > 0.02 and ΔFCF/TA -0.18 > 1.0
NWC/Revenue: 16.21% < 20% (prev 16.42%; Δ -0.22% < -1%)
CFO/TA 0.25 > 3% & CFO 11.95b > Net Income 1.92b
Net Debt (-12.72b) to EBITDA (3.35b): -3.79 < 3
Current Ratio: 1.16 > 1.5 & < 3
Outstanding Shares: last quarter (50.7m) vs 12m ago -0.00% < -2%
Gross Margin: 43.86% > 18% (prev 0.46%; Δ 4.34k% > 0.5%)
Asset Turnover: 85.24% > 50% (prev 80.84%; Δ 4.40% > 0%)
Interest Coverage Ratio: 14.14 > 6 (EBITDA TTM 3.35b / Interest Expense TTM 174.0m)
Altman Z'' 1.75
A: 0.11 (Total Current Assets 37.12b - Total Current Liabilities 31.97b) / Total Assets 46.93b
B: 0.13 (Retained Earnings 6.23b / Total Assets 46.93b)
C: 0.07 (EBIT TTM 2.46b / Avg Total Assets 37.31b)
D: 0.15 (Book Value of Equity 5.82b / Total Liabilities 39.65b)
Altman-Z'' Score: 1.75 = BBB
Beneish M -3.73
DSRI: 0.02 (Receivables 370.0m/11.29b, Revenue 31.80b/22.38b)
GMI: 1.05 (GM 43.86% / 46.13%)
AQI: 0.95 (AQ_t 0.11 / AQ_t-1 0.11)
SGI: 1.42 (Revenue 31.80b / 22.38b)
TATA: -0.21 (NI 1.92b - CFO 11.95b) / TA 46.93b)
Beneish M-Score: -3.73 (Cap -4..+1) = AAA
What is the price of MELI shares? As of May 20, 2026, the stock is trading at USD 1594.86 with a total of 555,290 shares traded.
Over the past week, the price has changed by +1.02%, over one month by -14.72%, over three months by -20.12% and over the past year by -38.14%.
Is MELI a buy, sell or hold? 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
What are the forecasts/targets for the MELI price?
Analysts Target Price 2236.3 40.2%
MercadoLibre (MELI) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 42.3773
P/E Forward = 31.6456
P/S = 2.5623
P/B = 11.3671
P/EG = 1.0063
Revenue TTM = 31.80b USD
EBIT TTM = 2.46b USD
EBITDA TTM = 3.35b USD
Long Term Debt = 4.49b USD (from longTermDebt, last fiscal year)
Short Term Debt = 472.0m USD (from shortTermDebt, last quarter)
Debt = 4.96b USD (corrected: LT Debt 4.49b + ST Debt 472.0m)
Net Debt = -12.72b USD (from netDebt column, last quarter)
Enterprise Value = 69.34b USD (81.49b + Debt 4.96b - CCE 17.11b)
Interest Coverage Ratio = 14.14 (Ebit TTM 2.46b / Interest Expense TTM 174.0m)
EV/FCF = 6.48x (Enterprise Value 69.34b / FCF TTM 10.71b)
FCF Yield = 15.44% (FCF TTM 10.71b / Enterprise Value 69.34b)
FCF Margin = 33.67% (FCF TTM 10.71b / Revenue TTM 31.80b)
Net Margin = 6.04% (Net Income TTM 1.92b / Revenue TTM 31.80b)
Gross Margin = 43.86% ((Revenue TTM 31.80b - Cost of Revenue TTM 17.85b) / Revenue TTM)
Gross Margin QoQ = 43.66% (prev 43.20%)
Tobins Q-Ratio = 1.48 (Enterprise Value 69.34b / Total Assets 46.93b)
Interest Expense / Debt = 1.31% (Interest Expense 65.0m / Debt 4.96b)
Taxrate = 27.98% (162.0m / 579.0m)
NOPAT = 1.77b (EBIT 2.46b * (1 - 27.98%))
Current Ratio = 1.16 (Total Current Assets 37.12b / Total Current Liabilities 31.97b)
Debt / Equity = 0.68 (Debt 4.96b / totalStockholderEquity, last quarter 7.28b)
Debt / EBITDA = -3.79 (Net Debt -12.72b / EBITDA 3.35b)
Debt / FCF = -1.19 (Net Debt -12.72b / FCF TTM 10.71b)
Total Stockholder Equity = 6.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.15% (Net Income 1.92b / Total Assets 46.93b)
RoE = 29.58% (Net Income TTM 1.92b / Total Stockholder Equity 6.49b)
RoCE = 22.42% (EBIT 2.46b / Capital Employed (Equity 6.49b + L.T.Debt 4.49b))
RoIC = 12.46% (NOPAT 1.77b / Invested Capital 14.22b)
WACC = 7.70% (E(81.49b)/V(86.45b) * Re(8.11%) + D(4.96b)/V(86.45b) * Rd(1.31%) * (1-Tc(0.28)))
Discount Rate = 8.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -17.16 | Cagr: -0.00%
[DCF] Terminal Value 82.58% ; FCFF base≈8.97b ; Y1≈11.07b ; Y5≈18.88b
[DCF] Fair Price = 7.07k (EV 345.92b - Net Debt -12.72b = Equity 358.64b / Shares 50.7m; r=7.70% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 84.10 | EPS CAGR: 38.45% | SUE: -1.31 | # QB: -1
Revenue Correlation: 99.67 | Revenue CAGR: 38.65% | SUE: 2.22 | # QB: 1
EPS current Quarter (2026-06-30): EPS=9.01 | Chg30d=-24.89% | Revisions=-43% | Analysts=9
EPS next Quarter (2026-09-30): EPS=9.54 | Chg30d=-28.11% | Revisions=-43% | Analysts=9
EPS current Year (2026-12-31): EPS=41.42 | Chg30d=-18.66% | Revisions=-60% | GrowthEPS=+5.1% | GrowthRev=+39.1%
EPS next Year (2027-12-31): EPS=59.14 | Chg30d=-16.87% | Revisions=-60% | GrowthEPS=+42.8% | GrowthRev=+25.6%
[Analyst] Revisions Ratio: -60%