MELI Stock Analysis: MercadoLibre | NASDAQ
Internet Retail | NASDAQ, USA | Market Cap: 85.430m USD | 12M Return: -13.6% | US58733R1023 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.09B
EPS Trend: 86.2%
Qual. Beats: 0
Rev. Trend: 99.9%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 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 Latin American e-commerce and fintech company headquartered in Montevideo, Uruguay, founded in 1999. It operates an online marketplace platform across Brazil, Mexico, Argentina, and other international markets, complemented by a suite of integrated services including Mercado Pago (digital payments), Mercado Credito (lending), Mercado Fondo (investments), Mercado Envios (logistics), Classifieds listings, and an advertising platform.
The company is classified within the Consumer Discretionary sector under Broadline Retail, reflecting its core e-commerce marketplace model. What distinguishes MercadoLibre from traditional online retailers is its vertically integrated ecosystem, combining marketplace operations with proprietary fintech and logistics services-a structure that allows it to capture value across multiple stages of the commerce transaction rather than relying solely on retail sales.
- Brazil and Mexico GMV growth fuels marketplace revenue expansion
- Mercado Pago credit portfolio expansion drives fintech margin growth
- Argentina peso devaluation pressures reported margins and revenue
| Net Income: 1.86b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 1.06 > 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 (3.40b): 2.98 < 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: 12.05 > 6 (EBIT TTM 2.41b / 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: 0.06 (EBIT TTM 2.41b / Avg Total Assets 42.2b) |
| D: 0.18 (Book Value of Equity 7.83b / Total Liabilities 43.5b) |
| Altman-Z'' = 1.56 = 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 October 06, 2026, the stock is trading at USD 1860.61 with a total of 1,235,475 shares traded. Over the past week, the price has changed by +8.65%, over one month by -3.41%, over three months by +3.04% and over the past year by -13.63%.
Current recommended Stop Loss: 1721.10 (which is 7.5% or 2.5 ATR below the current price).
MercadoLibre has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy MELI.
- StrongBuy: 17
- Buy: 5
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 2266.1 | 21.8% |
P/E Trailing = 45.7664
P/E Forward = 32.7869
P/S = 2.4282
P/B = 11.8205
P/EG = 1.001
Revenue TTM = 35.2b USD
EBIT TTM = 2.41b USD
EBITDA TTM = 3.40b 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 = 95.5b USD (85.4b + Debt 15.8b - CCE 5.73b)
Interest Coverage Ratio = 12.05 (Ebit TTM 2.41b / Interest Expense TTM 200.0m)
EV/FCF = 8.02x (Enterprise Value 95.5b / FCF TTM 11.9b)
FCF Yield = 12.47% (FCF TTM 11.9b / Enterprise Value 95.5b)
FCF Margin = 33.88% (FCF TTM 11.9b / 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 = 1.86 (Enterprise Value 95.5b / Total Assets 51.4b)
Interest Expense / Debt = 1.26% (Interest Expense 200.0m / Debt 15.8b)
Taxrate = 14.12% (312.0m / 2.21b)
NOPAT = 2.07b (EBIT 2.41b * (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 = 2.98 (Net Debt 10.1b / EBITDA 3.40b)
Debt / FCF = 0.85 (Net Debt 10.1b / FCF TTM 11.9b)
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 = 21.72% (EBIT 2.41b / Capital Employed (Equity 7.02b + L.T.Debt 4.08b))
RoIC = 10.24% (NOPAT 2.07b / Invested Capital 20.2b)
WACC = 7.79% (E(85.4b)/V(101b) * Re(9.03%) + D(15.8b)/V(101b) * Rd(1.26%) * (1-Tc(0.14)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 1.07 | Cagr: -0.00%
[DCF] Terminal Value 77.97% ; FCFF base≈10.1b ; Y1≈11.5b ; Y5≈17.0b
[DCF] Fair Price = 4.84k (EV 256b - Net Debt 10.1b = Equity 246b / 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=9.16 | Chg30d=-0.99% | Revisions=-8% | Analysts=10
EPS current Year (2026-12-31): EPS=38.17 | Chg30d=-0.31% | Revisions=-59% | GrowthEPS=-3.1% | GrowthRev=+44.4%
EPS next Year (2027-12-31): EPS=55.95 | Chg30d=-0.23% | Revisions=-12% | GrowthEPS=+46.6% | GrowthRev=+28.0%
[Analyst] Revisions Ratio: -32% (up=12, down=25)