Market Summary
USD1203.59+16.96
Market Closed1.43%
MELI Stock Price
MELI RSI Chart
MELI Valuation
MELI Price/Sales (Trailing)
MELI Profitability
MELI Fundamentals
MELI Revenue
MELI Earnings
Price Action
52 Week Range
600.681275.82
(Low)(High)
Last 7 days
-5.1%
Last 30 days
6.9%
Last 90 days
42.4%
Trailing 12 Months
24.9%
MELI Financial Health
MELI Investor Care
Peers (Alternatives to MercadoLibre)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMZN | 1.0T | 514.0B | -3.36% | -34.72% | -374.76 | 1.98 | 9.40% | -108.16% |
BKNG | 101.3B | 17.1B | -0.30% | 16.13% | 33.13 | 5.93 | 55.96% | 162.49% |
MELI | 60.5B | 10.5B | 6.89% | 24.85% | 125.5 | 5.74 | 49.06% | 480.72% |
EBAY | 23.0B | 9.8B | -16.60% | -24.00% | -18.16 | 2.35 | -6.00% | -109.33% |
ETSY | 14.2B | 2.6B | -22.27% | -16.19% | -20.5 | 5.55 | 11.73% | -479.56% |
| MID-CAP | ||||||||
SSTK | 2.6B | 827.8M | -9.05% | -19.18% | 33.78 | 3.11 | 7.04% | -17.17% |
| SMALL-CAP | ||||||||
RVLV | 1.9B | 1.1B | -6.10% | -43.07% | 31.86 | 1.7 | 23.56% | -41.21% |
MGNI | 1.2B | 577.1M | -29.77% | -23.08% | -9.53 | 2.15 | 23.20% | -200596.92% |
SFIX | 582.0M | 1.8B | 13.29% | -47.53% | -1.97 | 0.32 | -16.43% | -882.41% |
LQDT | 452.7M | 285.6M | -1.60% | -23.64% | 11.13 | 1.58 | 6.38% | -18.68% |
QUOT | 296.3M | 364.5M | -26.05% | -49.75% | -3.53 | 0.81 | -29.59% | -31.65% |
GRPN | 114.9M | 674.1M | -30.23% | -71.98% | -0.75 | 0.17 | -37.99% | -248.09% |
RMBL | 114.4M | 1.9B | -13.59% | -74.81% | 2.44 | 0.06 | 240.28% | 230.65% |
Financials for MercadoLibre
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 9.0% | 10,537 | 9,665 | 8,833 | 7,939 | 7,069 |
| Gross Profit | 13.3% | 5,163 | 4,558 | 4,017 | 3,487 | 3,005 |
| Operating Expenses | 7.3% | 4,129 | 3,849 | 3,444 | 2,998 | 2,564 |
| S&GA Expenses | -14.1% | 1,296 | 1,508 | 1,456 | 1,411 | 1,074 |
| R&D Expenses | 15.3% | 1,099 | 953 | 813 | 698 | 590 |
| EBITDA | 113.6% | 1,430 | 670 | 650 | 502 | - |
| EBITDA Margin | 79.0% | 0.14* | 0.08* | 0.08* | 0.07* | - |
| Earnings Before Taxes | 77.7% | 780 | 439 | 367 | 342 | 241 |
| EBT Margin | 63.0% | 0.07* | 0.05* | 0.04* | 0.04* | - |
| Interest Expenses | 325.9% | 247 | 58.00 | - | - | - |
| Net Income | 77.9% | 482 | 271 | 237 | 182 | 83.00 |
| Net Income Margin | 63.1% | 0.05* | 0.03* | 0.03* | 0.02* | - |
| Free Cahsflow | 54.5% | 2,486 | 1,609 | 1,094 | 400 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 14.8% | 13,736 | 11,962 | 11,447 | 11,023 | 10,101 |
| Current Assets | 17.1% | 10,953 | 9,351 | 8,863 | 8,705 | 8,175 |
| Cash Equivalents | 31.3% | 1,910 | 1,455 | 1,329 | 1,573 | 2,585 |
| Inventory | -5.0% | 152 | 160 | 183 | 239 | 253 |
| Net PPE | 5.1% | 993 | 945 | 932 | 967 | 807 |
| Goodwill | 4.1% | 153 | 147 | 149 | 162 | 148 |
| Liabilities | 15.3% | 11,909 | 10,331 | 9,867 | 9,434 | 8,570 |
| Current Liabilities | 22.3% | 8,562 | 7,002 | 6,823 | 6,228 | 5,837 |
| Shareholder's Equity | 12.0% | 1,827 | 1,631 | 1,580 | 1,589 | 1,531 |
| Retained Earnings | 22.1% | 913 | 748 | 619 | 496 | 397 |
| Additional Paid-In Capital | 0.0% | 2,309 | 2,308 | 2,308 | 2,308 | 2,439 |
| Shares Outstanding | -0.1% | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 40.1% | 2,940 | 2,099 | 1,640 | 997 | 965 |
| Cashflow From Investing | 1.6% | -3,871 | -3,935 | -3,902 | -2,723 | -1,597 |
| Cashflow From Financing | -71.3% | 916 | 3,187 | 3,267 | 2,936 | 1,925 |
| Buy Backs | -8.1% | 148 | 161 | 418 | 500 | 486 |
Risks for MELI
What is the probability of a big loss on MELI?
98.1%
Probability that MercadoLibre stock will be more than 20% underwater in next one year
70.8%
Probability that MercadoLibre stock will be more than 30% underwater in next one year.
26.1%
Probability that MercadoLibre stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MELI drawdown profile look like?
Y-axis is the maximum loss one would have experienced if MercadoLibre was unfortunately bought at previous high price.
Drawdowns
Returns for MELI
Cumulative Returns on MELI
29.0%
10-Year Cumulative Returns
40.0%
7-Year Cumulative Returns
25.7%
5-Year Cumulative Returns
30.4%
3-Year Cumulative Returns
What are the long-term rolling returns for MELI?
FIve years rolling returns for MercadoLibre.
Annualized Returns
Which funds bought or sold MELI recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 2.69 | 38,159 | 808,159 | 0.02% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -7.68 | -826,970 | 13,891,000 | 0.01% |
2023-03-10 | BAILLIE GIFFORD & CO | added | 5.91 | 396,228,000 | 5,183,470,000 | 5.40% |
2023-03-08 | Capital Asset Advisory Services LLC | sold off | -100 | -519,000 | - | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -4.86 | -220,000 | 7,807,000 | 0.04% |
2023-03-03 | TIAA, FSB | reduced | -7.32 | -13,744 | 246,256 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 638,911 | 638,911 | 0.01% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | added | 60.00 | 8,310 | 20,310 | 0.01% |
2023-02-28 | CYPRESS ASSET MANAGEMENT INC/TX | reduced | -3.81 | -55,206 | 3,264,790 | 1.19% |
2023-02-27 | HARVEY CAPITAL MANAGEMENT INC | unchanged | - | 31,296 | 1,396,300 | 0.58% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
MercadoLibre News
Schedule 13G FIlings of MercadoLibre
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | capital research global investors | 5.7% | 2,871,662 | SC 13G/A | |
| Feb 13, 2023 | galperin trust | 7.56% | 3,800,000 | SC 13G/A | |
| Feb 09, 2023 | morgan stanley | 5.1% | 2,563,574 | SC 13G | |
| Jan 20, 2023 | baillie gifford & co | 12.18% | 6,125,300 | SC 13G/A | |
| May 25, 2022 | galperin trust | 7.74% | 3,900,000 | SC 13G/A | |
| May 04, 2022 | baillie gifford & co | 10.03% | 5,053,193 | SC 13G/A | |
| Feb 11, 2022 | capital research global investors | 9.2% | 4,641,606 | SC 13G/A | |
| Jan 26, 2022 | baillie gifford & co | 9.83% | 4,957,539 | SC 13G/A | |
| Feb 16, 2021 | capital research global investors | 5.8% | 2,885,754 | SC 13G/A | |
| Feb 03, 2021 | galperin trust | 7.8% | 3,900,000 | SC 13G/A |
MELI Fair Value
MercadoLibre fair value in different scenarios
The table shows the Fair Value estimates for MercadoLibre for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 636.15 -47.15% | 832.59 -30.82% | 1737.94 44.40% | 2933.45 143.73% | 5003.99 315.76% |
| Current Inflation | 581.31 -51.70% | 749.58 -37.72% | 1528.52 27.00% | 2540.64 111.09% | 4292.45 256.64% |
| Very High Inflation | 513.37 -57.35% | 648.79 -46.10% | 1280.82 6.42% | 2083.92 73.14% | 3473.08 188.56% |
Historical MercadoLibre Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of MercadoLibre
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 09, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 10-K | Annual Report | |
| Feb 23, 2023 | 8-K | Current Report | |
| Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G | Major Ownership Report | |
| Jan 20, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for MELI
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-08 | de la Serna Juan Martin | sold | -187,500 | 1,250 | -150 | executive vp corporate affairs |
2023-03-07 | de la Serna Juan Martin | sold | -189,750 | 1,265 | -150 | executive vp corporate affairs |
2023-03-07 | Calemzuk Emiliano | sold | -188,400 | 1,256 | -150 | - |
2022-08-08 | Aguzin Alejandro Nicolas | acquired | - | - | 115 | - |
2022-08-08 | SEGAL SUSAN | back to issuer | - | - | 115 | - |
2022-08-08 | Petroni Merhy Andrea Mayumi | acquired | - | - | 115 | - |
2022-08-08 | Dubugras Henrique Vasoncelos | acquired | - | - | 115 | - |
2022-08-08 | Sanders Richard A | acquired | - | - | 115 | - |
2022-08-08 | Vazquez Mario | acquired | - | - | 115 | - |
2022-08-08 | Calemzuk Emiliano | acquired | - | - | 115 | - |
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
MELI Income Statement
2022-12-31Consolidated Statements of Income - USD ($) $ in Millions | 12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||
| Net revenues | $ 10,537 | $ 7,069 | $ 3,974 | ||
| Cost of net revenues | (5,374) | (4,064) | (2,265) | ||
| Gross profit | 5,163 | 3,005 | 1,709 | ||
| Operating expenses: | |||||
| Product and technology development | (1,099) | (590) | (353) | ||
| Sales and marketing | (1,296) | (1,074) | (768) | ||
| Provision for doubtful accounts | (1,073) | (435) | (133) | ||
| General and administrative | (661) | (465) | (327) | ||
| Total operating expenses | (4,129) | (2,564) | (1,581) | ||
| Income from operations | 1,034 | 441 | 128 | ||
| Other income (expenses): | |||||
| Interest income and other financial gains | 265 | 138 | 103 | ||
| Interest expense and other financial losses | [1] | (321) | (229) | (107) | |
| Foreign currency losses, net | (198) | (109) | (43) | ||
| Net income before income tax expense | 780 | 241 | 81 | ||
| Income tax expense | (298) | (149) | (82) | ||
| Equity in earnings of unconsolidated entity | 0 | (9) | 0 | ||
| Net income (loss) | $ 482 | $ 83 | $ (1) | ||
| Basic EPS: Basic net income (loss) | |||||
| Available to shareholders per common share - basic (in dollars per share) | $ 9.57 | $ 1.67 | $ (0.08) | ||
| Weighted average of outstanding common shares (in shares) | 50,345,353 | 49,802,993 | 49,740,407 | ||
| Diluted EPS: Diluted net income (loss) | |||||
| Available to shareholders per common share - diluted (in dollars per share) | $ 9.53 | $ 1.67 | $ (0.08) | ||
| Weighted average of outstanding common shares (in shares) | 51,335,621 | 49,802,993 | 49,740,407 | ||
| Service | |||||
| Net revenues | $ 9,442 | $ 6,149 | $ 3,690 | ||
| Product | |||||
| Net revenues | $ 1,095 | $ 920 | $ 284 | ||
| |||||
MELI Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,910 | $ 2,585 |
| Restricted cash and cash equivalents | 1,453 | 1,063 |
| Short-term investments ($1,219 and $602 held in guarantee - Note 5) | 2,339 | 810 |
| Accounts receivable, net | 130 | 98 |
| Credit card receivables and other means of payments, net | 2,946 | 1,839 |
| Loans receivable, net of allowances of $1,074 and $408 (Note 7) | 1,704 | 1,199 |
| Prepaid expenses | 38 | 40 |
| Inventories | 152 | 253 |
| Customer crypto-assets safeguarding assets (Note 2) | 15 | 0 |
| Other assets | 266 | 288 |
| Total current assets | 10,953 | 8,175 |
| Non-current assets: | ||
| Long-term investments | 322 | 89 |
| Loans receivable, net of allowances of $30 and $27 (Note 7) | 32 | 61 |
| Property and equipment, net | 993 | 807 |
| Operating lease right-of-use assets | 656 | 461 |
| Goodwill | 153 | 148 |
| Intangible assets, net | 25 | 45 |
| Deferred tax assets | 346 | 181 |
| Other assets | 256 | 134 |
| Total non-current assets | 2,783 | 1,926 |
| Total assets | 13,736 | 10,101 |
| Current liabilities: | ||
| Accounts payable and accrued expenses | 1,393 | 1,036 |
| Funds payable to customers | 3,454 | 2,393 |
| Amounts payable due to credit and debit card transactions | 483 | 337 |
| Salaries and social security payable | 401 | 313 |
| Taxes payable | 414 | 291 |
| Loans payable and other financial liabilities | 2,131 | 1,285 |
| Operating lease liabilities | 142 | 92 |
| Customer crypto-assets safeguarding liabilities (Note 2) | 15 | 0 |
| Other liabilities | 129 | 90 |
| Total current liabilities | 8,562 | 5,837 |
| Non-current liabilities: | ||
| Amounts payable due to credit and debit card transactions | 5 | 4 |
| Loans payable and other financial liabilities | 2,627 | 2,233 |
| Operating lease liabilities | 514 | 372 |
| Deferred tax liabilities | 106 | 62 |
| Other liabilities | 95 | 62 |
| Total non-current liabilities | 3,347 | 2,733 |
| Total liabilities | 11,909 | 8,570 |
| Commitments and contingencies (Note 15) | ||
| Equity | ||
| Common stock, 0.001 par value, 110,000,000 shares authorized, 50,257,751 and 50,418,980 shares issued and outstanding | 0 | 0 |
| Additional paid-in capital | 2,309 | 2,439 |
| Treasury stock | (931) | (790) |
| Retained earnings | 913 | 397 |
| Accumulated other comprehensive loss | (464) | (515) |
| Total Equity | 1,827 | 1,531 |
| Total Liabilities and Equity | $ 13,736 | $ 10,101 |