Stock Analysis
Mercado Libre, IncMELI
P/E 49.91×· 5Y range 39.04–1,079.45×· bottom 13% of history
Sector: Technology · Industry: Services-Business Services, Nec
AnalystsStrong Buy30 analystsP/E 49.9× sits at the 13th percentile of its 5.086926762491444-year history.
Cash covers 43% of debt · Q2 2026.
PMP Verdict
Strong business, attractive price
Strengths
- Growth100
- Quality77
High-quality business at an attractive price.
Bull Case
- ✓ROE 23.8% — efficient capital deployment
- ✓Revenue CAGR 42.2% — durable top-line growth
- ✓Interest coverage 8.9× — debt well covered
- ✓P/E 49.9× at bottom 13% of 5-year history
What's happening with MELI
Profile
Strong growth, earnings quality and valuation.
How is each axis scored?
- Valuation75/100 · Strong
- P/E vs own history (13th pct)25/25
- FCF yield (13.4%)25/25
- P/S (2.6x)20/25
- EV/EBIT (34.5x)5/25
- Growth100/100 · Strong
- Revenue CAGR (42.2%)25/25
- Net income CAGR (121.3%)25/25
- EPS CAGR 5Y (120.3%)25/25
- Fwd implied growth (37.2%)25/25
- Profitability65/100 · Moderate
- ROIC (15.0%)20/25
- ROE (23.8%)20/25
- Net margin (5.3%)13/25
- Operating margin (8.3%)12/25
- Financial Health60/100 · Moderate
- Altman Z (2.02)18/25
- Current ratio (1.12)12/25
- Interest coverage (8.9x)18/25
- Net cash / debt (D/A 15%)12/25
- Quality77/100 · Strong
- Piotroski F (5/9)15/25
- Beneish M (-3.02)25/25
- FCF conversion (666%)25/25
- Margin stability (σ 8.2%)12/25
- Moat65/100 · Moderate
- ROIC >12% years (7/8 yrs)20/25
- Median gross margin (48.2%)20/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst -7.5%)0/25
Risk Flags
- ⚠3 loss-making years in recent history
About Mercado Libre, Inc
MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. Show more
The company is roughly split between its e-commerce business, which includes its fulfillment and advertising services, and its fintech segment, which comprises its rapidly expanding payment and digital wallet platform (Mercado Pago) and its lending business (Mercado Credito). While the company operates in 18 countries, its primary markets are Brazil, Argentina, and Mexico, which account for more than 95% of its revenue.
Headquarters: MONTEVIDEO, X3 · Employees: 123,670 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
75B+P/E (TTM)49.8xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 39.0x–1079.5x · 13th pct
P/FCF7.4xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield13.4%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.0%–15.1% · 94th pct
P/S (TTM)2.64xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.4x–17.0x · 5th pct
EV/EBIT34.5xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 26.2x–299.7x · 18th pct
EV/Sales2.8xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E36.3xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio11.84xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.37B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
65BROIC15.0%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE23.8%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA4.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin5.3%C
Grade C: AverageNet Income / Revenue
Operating Margin8.3%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin42.7%C
Grade C: AverageGross Profit / Revenue
FCF Margin35.3%A
Grade A: HighFCF / Revenue
True FCF Margin35.3%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
100A+Revenue CAGR42.2%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR121.3%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)120.3%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth37.2%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+1.7%B
Grade B: FlatShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
60BAltman Z-Score2.02C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.12xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.10xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage8.9xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment0.6yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT2.6xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity1.69xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.43xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
77B+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.02A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion666.1%A
Grade A: StrongFCF / Net Income
Margin Stability8.2%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue4.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.79xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 records| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Tolda Stelleo Filed | Tolda Stelleo | Grant / award | +94 | |
Dubugras Henrique Vasoncelos Filed | Dubugras Henrique Vasoncelos | Grant / award | +94 | |
Calemzuk Emiliano Filed | Calemzuk Emiliano | Grant / award | +94 | |
Aguzin Alejandro Nicolas Filed | Aguzin Alejandro Nicolas | Grant / award | +94 | |
Sanders Richard A Filed | Sanders Richard A | Grant / award | +94 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Lawson Martin R Filed | Lawson Martin R | Grant / award | +94 | |
SEGAL SUSAN Filed | SEGAL SUSAN | Grant / award | +94 | |
Melamud Marcelo Filed | Melamud Marcelo | BuyOpen market buy | +125 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
65BROIC >12% Years7/8 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)48.2%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-7.5%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$36.75
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$113.53
Cash & short-term investments per share (Finnhub)
Book Value / Share$155.22
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$13.21B
Total debt obligations (short + long term)
Cash & Equiv.$5.75B
Cash and short-term investments
Net Debt$7.46B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$7.83B
Shareholders' equity (book value)
Asset / Liability1.18xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$92.73B
Current Market Capitalization
Beta1.41C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Mercado Libre, Inc (MELI)
MELI is down 1.24% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Mercado Libre, Inc. Altman Z-Score of 2.02 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -3.02 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 42% annually, with net income growing about 121% per year — a strong growth profile.
- Mercado Libre, Inc converts about 35% of revenue into free cash flow — strong cash generation.
- Takes ~0.6 years to repay net debt from free cash flow.
- Mercado Libre, Inc posted a net loss in 3 of 10 available completed fiscal years (2016–2025).
- At a valuation score of 75/100, MELI trades near the cheapest end of its own historical range (P/E 49.8).
- Return on equity of 23.8% is well above the market average.
See how MELI ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all MELI moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 5 | Pre-market | 1,805.00 | +6.39% | 4.38 |
| Oct 5 | Regular | 1,866.84 | +10.04% | 6.48 |
| Oct 5 | After-hours | 1,863.41 | +9.83% | 6.37 |
Frequently Asked Questions about MELI
What is the current Mercado Libre, Inc (MELI) stock price?
MELI is trading at $1834.00 at the last market close, down 1.24% on the session. PreMarketPrice tracks MELI pre-market, intraday and after-hours prices.
Is MELI stock a buy right now?
PreMarketPrice's quantitative model rates Mercado Libre, Inc's financial health at 60/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is MELI stock overvalued?
Mercado Libre, Inc trades at a trailing P/E of 49.8 and our valuation score rates it 75/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Mercado Libre, Inc report earnings?
No confirmed earnings date is currently scheduled for MELI. The Earnings section lists recent reports and updates as dates are announced.
What sector does Mercado Libre, Inc operate in?
Mercado Libre, Inc operates in the Technology sector, within the Services-Business Services, Nec industry. The Related Stocks section lists sector peers for comparison.
What does Mercado Libre, Inc do?
MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025.
About Mercado Libre, Inc (MELI) Stock
Mercado Libre, Inc (MELI) is a US-listed stock operating in the Technology sector, specifically the Services-Business Services, Nec industry. As of the latest update, Mercado Libre, Inc is trading at $1834.00, down 1.24% on the day with a market capitalization of $92.7 billion. The financial health score for MELI is 60/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for MELI stock.
MELI Stock Analysis & Key Metrics
On PreMarketPrice, you can track Mercado Libre, Inc (MELI) across multiple dimensions:
- Pre-market price & movement: Real-time MELI stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for MELI with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Mercado Libre, Inc across multiple reporting periods.
- Financial health score: A composite score of 60/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for MELI.
- Sector peers: Compare MELI against 6 other technology stocks on key financial metrics.
Is MELI a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Mercado Libre, Inc (MELI) as an investment. The financial health score of 60/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Mercado Libre, Inc (MELI) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.