Added to YB: 2024-11-19
Pitch date: 2024-11-17
MELI [bullish]
MercadoLibre, Inc.
+4.61%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$102.2B
Pitch Price
$1.9K
Price Target
2.5K (+24%)
Dividend
N/A
EV/EBITDA
25.25
P/E
49.21
EV/Sales
4.12
Sector
Broadline Retail
Category
growth
MercadoLibre: Knock Knock, You Are Not Alone Jeff!
MELI: LatAm e-commerce & fintech leader with strong ecosystem moat. 8x revenue growth since 2019, profitable. TAM $1.3T e-commerce, $120B fintech by 2034. 20% annual revenue growth to $110B by 2034, $16.5B net income. 4x upside potential at 25x P/E. Undervalued due to market underestimation.
Read full article (14 min)