Added to YB: 2024-02-26
Pitch date: 2024-02-23
MELI [bullish]
MercadoLibre, Inc.
+24.05%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$105.2B
Pitch Price
$1.6K
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:
MercadoLibre: Flat Earnings A Cause For Concern?
MELI: Stellar growth in Q4 - GMV up 79% FX-neutral YoY to $13.5B, fastest since Q2 '21. Brazil, Argentina & Mexico drove sales & unique buyers. Envíos delivered 122M packages same/next day (+21% YoY), Pago TPV +153% to $56.5B. Ads +72%. One-offs hit margins but core biz improving. Stock +40% in <12mo to $1665, defying law of large numbers.
Read full article (8 min)