Added to YB: 2026-03-19
Pitch date: 2026-03-17
MELI [bullish]
MercadoLibre, Inc.
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$87.8B
Pitch Price
N/A
Price Target
2.5K
Dividend
N/A
EV/EBITDA
20.64
P/E
43.98
EV/Sales
3.22
Sector
Broadline Retail
Category
value
Deep Dive: MercadoLibre (MELI): Full Valuation Case & Monte Carlo Simulation
MELI: Dominant LatAm ecosystem (marketplace, Mercado Pago fintech, logistics, ads) trades at bear case $1,728 vs $4,053 DCF (+135% upside). Rev +39% YoY, but margins compressed to 6.4% from 10.5% on heavy investment; ROIC 2.4-3.6% vs 13-15% WACC. Amazon Brazil launch & Asian platforms key risks. Credit book doubled to $12.5B, debt surged to $9.2B. 80% Monte Carlo outcomes above current price. Q1 '26 earnings (May 7) critical catalyst for margin recovery. Consensus PT $2,458 (+42%).
Read full article (17 min)