MercadoLibre Inc
BMV:MELIN

Watchlist Manager
MercadoLibre Inc Logo
MercadoLibre Inc
BMV:MELIN
Watchlist
Price: 35 645 MXN -0.85%
Market Cap: 1.8T MXN
Have any thoughts about
MercadoLibre Inc?
Write Note

Relative Value

The Relative Value of one MELIN stock under the Base Case scenario is 21 269.78 MXN. Compared to the current market price of 35 645 MXN, MercadoLibre Inc is Overvalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MELIN Relative Value
Base Case
21 269.78 MXN
Overvaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
4
Median 3Y
5.4
Median 5Y
6.1
Industry
0.6
Forward
4.2
vs History
58
vs Industry
4
Median 3Y
88.8
Median 5Y
71.7
Industry
16.9
Forward
51.6
vs History
96
vs Industry
17
Median 3Y
15.8
Median 5Y
25.4
Industry
8
vs History
85
vs Industry
27
Median 3Y
14.3
Median 5Y
16.6
Industry
15.7
vs History
76
vs Industry
1
Median 3Y
26.5
Median 5Y
26.7
Industry
1.6
vs History
85
vs Industry
6
Median 3Y
5.1
Median 5Y
5.8
Industry
0.7
Forward
4.1
vs History
79
vs Industry
8
Median 3Y
10.6
Median 5Y
11.6
Industry
2.3
vs History
65
vs Industry
6
Median 3Y
35.7
Median 5Y
38.9
Industry
8.6
Forward
27.1
vs History
60
vs Industry
7
Median 3Y
46.4
Median 5Y
48.2
Industry
12.9
Forward
33.9
vs History
92
vs Industry
21
Median 3Y
15.2
Median 5Y
25.1
Industry
9.2
vs History
87
vs Industry
26
Median 3Y
16.7
Median 5Y
28.9
Industry
12.9
vs History
79
vs Industry
3
Median 3Y
8.1
Median 5Y
9.3
Industry
1.1

Multiples Across Competitors

MELIN Competitors Multiples
MercadoLibre Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UY
MercadoLibre Inc
BMV:MELIN
1.8T MXN 4.6 61.4 32.5 42.3
US
Amazon.com Inc
NASDAQ:AMZN
2.3T USD 3.8 46.8 20.8 38.3
ZA
Naspers Ltd
JSE:NPN
747.4B Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
199.5B USD 1.5 17 10.7 10.7
CN
Pinduoduo Inc
NASDAQ:PDD
139.3B USD 2.7 9.4 6.8 6.8
CN
Meituan
HKEX:3690
878.6B HKD 2.6 26 22.2 22.2
AR
Mercadolibre Inc
NASDAQ:MELI
87.8B USD 4.6 61.1 32.4 42.1
NL
Prosus NV
AEX:PRX
84.9B EUR 14.9 11.2 2 180 2 180
US
DoorDash Inc
NASDAQ:DASH
72.1B USD 7.1 -419.3 219.5 -275.2
CN
JD.Com Inc
HKEX:9618
386.1B HKD 0.3 10.4 6.2 6.2
KR
Coupang Inc
NYSE:CPNG
40B USD 1.4 38.8 49 105.2
P/S Multiple
Revenue Growth P/S to Growth
UY
MercadoLibre Inc
BMV:MELIN
Average P/S: 4.4
4.6
30%
0.2
US
Amazon.com Inc
NASDAQ:AMZN
3.8
12%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
10%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
1.5
8%
0.2
CN
Pinduoduo Inc
NASDAQ:PDD
2.7
35%
0.1
CN
Meituan
HKEX:3690
2.6
17%
0.2
AR
Mercadolibre Inc
NASDAQ:MELI
4.6
30%
0.2
NL
Prosus NV
AEX:PRX
14.9
12%
1.2
US
D
DoorDash Inc
NASDAQ:DASH
7.1
20%
0.4
CN
JD.Com Inc
HKEX:9618
0.3
6%
0.1
KR
Coupang Inc
NYSE:CPNG
1.4
19%
0.1
P/E Multiple
Earnings Growth PEG
UY
MercadoLibre Inc
BMV:MELIN
Average P/E: 31.4
61.4
47%
1.3
US
Amazon.com Inc
NASDAQ:AMZN
46.8
39%
1.2
ZA
N
Naspers Ltd
JSE:NPN
Not Available
22%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
17
35%
0.5
CN
Pinduoduo Inc
NASDAQ:PDD
9.4
39%
0.2
CN
Meituan
HKEX:3690
26
67%
0.4
AR
Mercadolibre Inc
NASDAQ:MELI
61.1
48%
1.3
NL
Prosus NV
AEX:PRX
11.2
15%
0.7
US
D
DoorDash Inc
NASDAQ:DASH
Negative Multiple: -419.3 N/A N/A
CN
JD.Com Inc
HKEX:9618
10.4
4%
2.6
KR
Coupang Inc
NYSE:CPNG
38.8
2%
19.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UY
MercadoLibre Inc
BMV:MELIN
Average EV/EBITDA: 258
32.5
33%
1
US
Amazon.com Inc
NASDAQ:AMZN
20.8
33%
0.6
ZA
N
Naspers Ltd
JSE:NPN
Not Available
162%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
10.7
13%
0.8
CN
Pinduoduo Inc
NASDAQ:PDD
6.8
45%
0.2
CN
Meituan
HKEX:3690
22.2
63%
0.4
AR
Mercadolibre Inc
NASDAQ:MELI
32.4
33%
1
NL
Prosus NV
AEX:PRX
2 180
N/A N/A
US
D
DoorDash Inc
NASDAQ:DASH
219.5
N/A N/A
CN
JD.Com Inc
HKEX:9618
6.2
20%
0.3
KR
Coupang Inc
NYSE:CPNG
49
54%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UY
MercadoLibre Inc
BMV:MELIN
Average EV/EBIT: 272.6
42.3
36%
1.2
US
Amazon.com Inc
NASDAQ:AMZN
38.3
39%
1
ZA
N
Naspers Ltd
JSE:NPN
Not Available N/A N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
10.7
16%
0.7
CN
Pinduoduo Inc
NASDAQ:PDD
6.8
46%
0.1
CN
Meituan
HKEX:3690
22.2
85%
0.3
AR
Mercadolibre Inc
NASDAQ:MELI
42.1
36%
1.2
NL
Prosus NV
AEX:PRX
2 180
N/A N/A
US
D
DoorDash Inc
NASDAQ:DASH
Negative Multiple: -275.2 N/A N/A
CN
JD.Com Inc
HKEX:9618
6.2
22%
0.3
KR
Coupang Inc
NYSE:CPNG
105.2
59%
1.8