MELI - MercadoLibre Inc Stock Price, Fair Value and News

1415.84USD-28.30 (-1.96%)Market Closed

Market Summary

USD1415.84-28.30

Market Closed

-1.96%

MELI Stock Price

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MELI RSI Chart

MELI Valuation

Market Cap

71.8B

Price/Earnings (Trailing)

72.72

Price/Sales (Trailing)

4.96

EV/EBITDA

25.78

Price/Free Cashflow

15.5

MELI Price/Sales (Trailing)

MELI Profitability

Operating Margin

92.17%

EBT Margin

10.73%

Return on Equity

32.14%

Return on Assets

5.59%

Free Cashflow Yield

6.45%

MELI Fundamentals

MELI Revenue

Revenue (TTM)

14.5B

Rev. Growth (Yr)

41.94%

Rev. Growth (Qtr)

13.32%

MELI Earnings

Earnings (TTM)

987.0M

Earnings Growth (Qtr)

-54.04%

Breaking Down MELI Revenue

Last 7 days

-4.9%

Last 30 days

-5.6%

Last 90 days

-15.3%

Trailing 12 Months

8.8%

How does MELI drawdown profile look like?

MELI Financial Health

Current Ratio

1.27

MELI Investor Care

Dividend Yield

0.04%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.87%

Diluted EPS (TTM)

19.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	11.3B	12.1B	13.2B	14.5B
2022	7.9B	8.8B	9.7B	10.5B
2021	4.7B	5.5B	6.3B	7.1B
2020	2.5B	2.8B	3.3B	4.0B
2019	1.6B	1.8B	2.1B	2.3B
2018	1.3B	1.3B	1.4B	1.4B
2017	956.4M	1.0B	1.1B	1.2B
2016	661.3M	706.6M	768.9M	844.4M
2015	589.3M	611.7M	632.4M	651.8M
2014	485.3M	504.9M	529.8M	556.5M
2013	392.6M	415.9M	441.7M	472.6M
2012	321.2M	340.7M	356.3M	373.6M
2011	232.2M	249.1M	274.8M	298.9M
2010	186.5M	198.1M	203.4M	216.7M
2009	146.0M	154.9M	163.9M	172.8M
2008	0	0	0	137.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of MercadoLibre Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 12, 2023	petroni merhy andrea mayumi	acquired	-	-	98.00	-
Jun 12, 2023	sanders richard a	acquired	-	-	98.00	-
Jun 12, 2023	dubugras henrique vasoncelos	acquired	-	-	98.00	-
Jun 12, 2023	aguzin alejandro nicolas	acquired	-	-	98.00	-
Jun 12, 2023	vazquez mario	acquired	-	-	98.00	-
Jun 12, 2023	calemzuk emiliano	acquired	-	-	98.00	-
Jun 12, 2023	segal susan	acquired	-	-	98.00	-
Mar 30, 2023	segal susan	acquired	-	-	28.00	-
Mar 08, 2023	de la serna juan martin	sold	-187,500	1,250	-150	executive vp corporate affairs
Mar 07, 2023	de la serna juan martin	sold	-189,750	1,265	-150	executive vp corporate affairs

Which funds bought or sold MELI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	First PREMIER Bank	new	-	27,000	27,000	0.01%
Apr 12, 2024	GATEWAY INVESTMENT ADVISERS LLC	reduced	-0.18	-176,171	4,271,290	0.05%
Apr 12, 2024	Annex Advisory Services, LLC	new	-	10,301,000	10,301,000	0.37%
Apr 12, 2024	True North Advisors, LLC	reduced	-22.74	-147,229	426,110	0.12%
Apr 12, 2024	BALDWIN BROTHERS LLC/MA	reduced	-8.33	-6,680	49,895	-%
Apr 12, 2024	B & T Capital Management DBA Alpha Capital Management	reduced	-5.48	-756,173	7,584,020	1.48%
Apr 12, 2024	Sarasin & Partners LLP	added	10.07	1,423,500	25,571,800	0.25%
Apr 12, 2024	DNB Asset Management AS	reduced	-30.68	-12,855,900	25,741,100	0.13%
Apr 12, 2024	FIRST FINANCIAL CORP /IN/	unchanged	-	-239	6,047	-%
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-7.14	-187,687	1,572,440	0.15%

Are Funds Buying or Selling MELI?

Are funds buying MELI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MELI

No. of Funds

Unveiling MercadoLibre Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	galperin trust	7.2%	3,650,136	SC 13G/A
Feb 13, 2024	galperin trust	7.2%	3,650,000	SC 13G/A
Feb 09, 2024	capital research global investors	5.2%	2,627,083	SC 13G/A
Jan 29, 2024	baillie gifford & co	10.65%	5,383,227	SC 13G/A
Dec 08, 2023	morgan stanley	3.9%	1,973,478	SC 13G/A
Feb 13, 2023	galperin trust	7.56%	3,800,000	SC 13G/A
Feb 13, 2023	capital research global investors	5.7%	2,871,662	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

Recent SEC filings of MercadoLibre Inc

View All Filings

Date Filed	Form Type	Document
Feb 23, 2024	10-K	Annual Report
Feb 22, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 09, 2024	SC 13G/A	Major Ownership Report
Jan 29, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to MercadoLibre Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMZN	1.9T	574.8B	5.27%	79.12%	47.66	3.32	11.83%	2606.76%
MELI	71.8B	14.5B	-5.58%	8.75%	72.72	4.96	37.35%	104.77%
CPNG	38.6B	24.4B	19.42%	35.06%	28.37	1.58	18.46%	1578.26%
EBAY	26.4B	10.1B	-2.53%	16.88%	9.53	2.61	3.24%	318.05%
OSTK	1.1B	1.6B	-27.13%	-93.81%	-3.66	0.72	-19.08%	-773.66%
MID-CAP
ETSY	7.9B	2.7B	0.71%	-34.92%	25.71	2.88	7.10%	144.30%
CHWY	7.1B	11.1B	-4.83%	-51.72%	179.57	0.64	10.39%	-19.61%
W	6.4B	12.0B	-7.45%	62.05%	-8.71	0.54	-1.76%	44.55%
SMALL-CAP
LQDT	543.7M	313.5M	-0.95%	35.63%	28.74	1.73	9.76%	-53.51%
APRN	85.5M	424.9M	1.09%	-47.71%	-0.77	0.2	-7.36%	-22.95%
PRTS	79.2M	675.7M	-22.22%	-72.28%	-9.64	0.12	2.13%	-764.67%
NHTC	75.9M	43.9M	-	20.04%	133.62	1.73	-10.60%	81.47%

MercadoLibre Inc News

Latest updates

MercadoLibre Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	13.3%	4,261	3,760	3,415	3,037	3,002	2,690	2,597	2,248	2,130	1,858	1,703	1,378	1,328	1,116	878	652	674	603	545	474	428
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	237	223
Gross Profit	-2.0%	1,955	1,995	1,720	1,536	1,458	1,348	1,284	1,073	853	807	754	591	489	480	427	313	308	284	272	237	205
Operating Expenses	30.9%	1,715	1,310	1,162	1,196	1,109	1,052	1,034	934	829	647	588	500	514	397	328	343	377	366	285	227	206
S&GA Expenses	20.0%	529	441	383	383	381	333	296	286	296	281	251	288	148	230	184	207	270	253	181	131	140
R&D Expenses	73.2%	686	396	368	381	325	278	262	234	179	138	147	126	118	89.00	73.00	73.00	58.00	59.00	54.00	52.00	39.00
EBITDA Margin	-	0.19*	-	0.17*	0.15*	0.14*	0.09*	0.08*	0.08*	0.07*	0.07*	0.06*	0.06*	0.06*	-	-	-	-	-	-	-	-
Income Taxes	-62.2%	65.00	172	210	122	144	69.00	39.00	46.00	4.00	31.00	70.00	44.00	7.00	38.00	33.00	4.00	-8.98	79.00	-8.92	3.00	-4.49
Earnings Before Taxes	-56.7%	230	531	472	320	308	198	163	111	-33.00	126	138	10.00	-44.33	53.00	89.00	-16.68	-62.97	-66.93	7.00	15.00	-6.83
EBT Margin	-13.1%	0.11*	0.12*	0.11*	0.09*	0.07*	0.05*	0.04*	0.04*	0.03*	0.04*	0.03*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	-54.0%	165	359	262	201	165	129	123	65.00	-46.00	95.00	68.00	-34.00	-51.00	15.00	56.00	-21.00	-54.00	-146	16.00	12.00	-2.34
Net Income Margin	-8.7%	0.07*	0.07*	0.06*	0.05*	0.05*	0.03*	0.03*	0.02*	0.01*	0.01*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	114.5%	1,748	815	1,298	770	1,430	618	808	-370	553	103	114	-378	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	9.4%	17,646	16,124	15,243	14,201	13,736	11,962	11,447	11,023	10,101	6,800	6,143	5,198	6,526	5,738	5,453	4,458	4,782	4,439	4,595	4,448	2,240
Current Assets	9.5%	14,294	13,050	12,290	11,336	10,953	9,351	8,863	8,705	8,175	5,283	4,568	3,900	5,347	4,924	4,755	3,510	3,789	3,781	3,676	3,520	1,511
Cash Equivalents	17.7%	2,556	2,171	1,860	2,143	1,910	2,528	2,253	2,414	3,648	1,423	1,431	1,188	2,508	1,624	1,663	1,265	1,451	1,457	1,128	1,306	465
Inventory	-3.3%	238	246	236	199	152	160	183	239	253	227	169	131	118	47.00	21.00	12.00	9.00	10.00	6.00	3.00	5.00
Net PPE	-	-	-	-	1,036	993	945	932	967	807	703	619	459	392	302	263	239	244	221	216	189	166
Goodwill	2.5%	163	159	166	160	153	147	149	162	148	81.00	85.00	83.00	85.00	79.00	82.00	82.00	88.00	86.00	90.00	90.00	89.00
Liabilities	8.9%	14,575	13,383	12,991	12,161	11,909	10,331	9,867	9,434	8,570	6,677	6,062	5,228	4,875	3,942	3,546	2,493	2,700	2,302	2,351	2,135	1,903
Current Liabilities	9.6%	11,297	10,306	9,616	8,827	8,562	7,002	6,823	6,228	5,837	4,287	3,869	3,205	3,636	3,007	2,660	1,577	1,752	1,385	1,450	1,248	1,166
Shareholder's Equity	12.0%	3,071	2,741	2,252	2,040	1,827	1,631	1,580	1,589	1,531	123	81.00	-	1,651	1,746	1,808	1,867	1,983	2,038	2,146	2,214	337
Retained Earnings	9.6%	1,901	1,735	1,376	1,114	913	748	619	496	397	444	348	280	314	365	351	296	323	378	525	509	503
Additional Paid-In Capital	-9.6%	1,770	1,959	2,309	2,309	2,309	2,308	2,308	2,308	2,439	920	455	276	1,861	1,931	1,964	2,068	2,068	2,076	2,009	2,097	225
Shares Outstanding	1.4%	51.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	47,212	-	-	-	26,090	-	-	-	71,152	-	-	-	44,863	-	-	-	27,604	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	104.9%	1,928	941	1,412	859	1,542	724	907	-233	701	265	264	-265	256	361	650	-85.65	78.00	207	28.00	138	35.00
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19.00	13.00	-0.18
Cashflow From Investing	31.3%	-914	-1,330	-668	-538	-646	-664	-1,337	-1,224	-710	-631	-158	-98.00	586	-290	-397	-150	-174	142	-154	-1,260	-694
Cashflow From Financing	-44.7%	73.00	132	-360	-112	-12.00	342	434	152	2,259	422	103	-859	-0.36	-77.14	165	155	80.00	25.00	-58.51	1,975	38.00
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-100.0%	-	149	146	61.00	33.00	41.00	35.00	39.00	46.00	298	117	25.00	14.00	39.00	1.00	-	-	1.00	-	-	-

MELI Income Statement

2023-12-31

Consolidated Statements of Income - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Net revenues

$ 14,473,000

$ 10,537,000

$ 7,069,000

Cost of net revenues

(7,267,000)

(5,374,000)

(4,064,000)

Gross profit

7,206,000

5,163,000

3,005,000

Operating expenses:

Product and technology development

(1,831,000)

(1,099,000)

(590,000)

Sales and marketing

(1,736,000)

(1,296,000)

(1,074,000)

Provision for doubtful accounts

(1,050,000)

(1,073,000)

(435,000)

General and administrative

(766,000)

(661,000)

(465,000)

Total operating expenses

(5,383,000)

(4,129,000)

(2,564,000)

Income from operations

1,823,000

1,034,000

441,000

Other income (expenses):

Interest income and other financial gains

723,000

265,000

138,000

Interest expense and other financial losses

^[1]

(378,000)

(321,000)

(229,000)

Foreign currency losses, net

(615,000)

(198,000)

(109,000)

Net income before income tax expense and equity in earnings of unconsolidated entity

1,553,000

780,000

241,000

Income tax expense

(569,000)

(298,000)

(149,000)

Equity in earnings of unconsolidated entity

3,000

(9,000)

Net income

$ 987,000

$ 482,000

$ 83,000

Basic earning per share

Basic net income available to shareholders per common share (in dollars per share)

$ 19.64

$ 9.57

$ 1.67

Weighted average of outstanding common shares (in shares)

50,262,302

50,345,353

49,802,993

Diluted earning per share

Diluted net income available to shareholders per common share (in dollars per share)

$ 19.46

$ 9.53

$ 1.67

Weighted average of outstanding common shares (in shares)

51,006,860

51,335,621

49,802,993

Net service revenues

Net revenues

$ 12,983,000

$ 9,442,000

$ 6,149,000

Net product revenues

Net revenues

$ 1,490,000

$ 1,095,000

$ 920,000

[1]	Includes $49 million of loss on debt extinguishment and premium related to the 2028 Notes repurchase recognized in January 2021. See Note 17 – Loans payable and other financial liabilities to these audited consolidated financial statements for further detail.

MELI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 2,556	$ 1,910
Restricted cash and cash equivalents	1,292	1,453
Short-term investments	3,480	2,339
Accounts receivable, net	156	130
Credit card receivables and other means of payments, net	3,632	2,946
Loans receivable, net of allowances of $1,042 and $1,074 (Note 7)	2,629	1,704
Inventories	238	152
Customer crypto-assets safeguarding assets	34	15
Other assets	277	304
Total current assets	14,294	10,953
Non-current assets:
Long-term investments	162	322
Loans receivable, net of allowances of $42 and $30 (Note 7)	65	32
Property and equipment, net	1,250	993
Operating lease right-of-use assets	899	656
Goodwill	163	153
Intangible assets, net	11	25
Intangible assets at fair value	24	0
Deferred tax assets	710	346
Other assets	68	256
Total non-current assets	3,352	2,783
Total assets	17,646	13,736
Current liabilities:
Accounts payable and accrued expenses	2,117	1,393
Funds payable to customers	4,475	3,454
Amounts payable due to credit and debit card transactions	1,072	483
Salaries and social security payable	545	401
Taxes payable	477	414
Loans payable and other financial liabilities	2,292	2,131
Operating lease liabilities	166	142
Customer crypto-assets safeguarding liabilities	34	15
Other liabilities	119	129
Total current liabilities	11,297	8,562
Non-current liabilities:
Amounts payable due to credit and debit card transactions	20	5
Loans payable and other financial liabilities	2,203	2,627
Operating lease liabilities	672	514
Deferred tax liabilities	183	106
Other liabilities	200	95
Total non-current liabilities	3,278	3,347
Total liabilities	14,575	11,909
Commitments and contingencies (Note 15)
Equity
Common stock, 0.001 par value, 110,000,000 shares authorized, 50,697,442 and 50,257,751 shares issued and outstanding	0	0
Additional paid-in capital	1,770	2,309
Treasury stock	(310)	(931)
Retained earnings	1,901	913
Accumulated other comprehensive loss	(290)	(464)
Total equity	3,071	1,827
Total liabilities and equity	$ 17,646	$ 13,736

About MercadoLibre Inc

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 platform, 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 web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

CEO	Mr. Marcos Eduardo GalperÃƒÂn
WEBSITE	mercadolibre.com
INDUSTRY	Internet Retail
EMPLOYEES	40548

MercadoLibre Inc Frequently Asked Questions

What is the ticker symbol for MercadoLibre Inc? What does MELI stand for in stocks?

MELI is the stock ticker symbol of MercadoLibre Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MercadoLibre Inc (MELI)?

As of Mon Apr 15 2024, market cap of MercadoLibre Inc is 71.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MELI stock?

You can check MELI's fair value in chart for subscribers.

What is the fair value of MELI stock?

You can check MELI's fair value in chart for subscribers. The fair value of MercadoLibre Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MercadoLibre Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MELI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MercadoLibre Inc a good stock to buy?

The fair value guage provides a quick view whether MELI is over valued or under valued. Whether MercadoLibre Inc is cheap or expensive depends on the assumptions which impact MercadoLibre Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MELI.

What is MercadoLibre Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, MELI's PE ratio (Price to Earnings) is 72.72 and Price to Sales (PS) ratio is 4.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MELI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MercadoLibre Inc's stock?

In the past 10 years, MercadoLibre Inc has provided 0.325 (multiply by 100 for percentage) rate of return.