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Added to YB: 2024-08-09

Pitch date: 2024-08-05

MELI [bullish]

MercadoLibre, Inc.

+12.72%

current return

Author Info

No bio for this author

Company Info

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.

Market Cap

$105.2B

Pitch Price

$1.8K

Price Target

N/A

Dividend

N/A

EV/EBITDA

25.94

P/E

50.64

EV/Sales

4.24

Sector

Broadline Retail

Category

growth

Show full summary:
TGV Partners Sub-Fund Intrinsic Portfolio Holding: MercadoLibre, Inc.

MELI: LatAm e-commerce/fintech leader. 85M buyers, $45B GMV, $180B payment vol. 40% rev growth, expanding margins. Ads (70% growth, 60% EBIT) & credit (4B€ portfolio) driving profit. Potential $5B net profit in few years. $80B valuation. Founder owns 7%. E-commerce penetration in Brazil only 15%, signaling long-term growth potential.

Read full article (2 min)