MercadoLibre Inc
MELI
Market Cap$98.72B
Close$
Earnings Call Q3 2024
November 6, 2024 - AI Summary
**Strong Growth Across Key Markets**: MercadoLibre reported a GMV growth of 34% year-on-year in Brazil and 27% in Mexico, with Argentina seeing a 16% increase. This reflects the company's solid market position and sustained demand, indicating ample room for growth given the current e-commerce penetration of only 15% in Latin America.
**Record User Acquisition**: The company added a record 7 million new buyers in Argentina during the quarter, surpassing previous peaks seen during the pandemic, highlighting an effective strategy that drove customer engagement and acquisition, which could strengthen long-term revenue growth.
**Investment in Fulfillment Centers**: The opening of six new fulfillment centers in Q3 (five in Brazil and one in Mexico) is a critical initiative to improve logistics and operational efficiency. These investments, while initially pressuring margins, are expected to enhance user experience and drive higher conversion rates, resulting in further revenue growth in the long run.
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$715.35
63.3% downside
Current Fair Value
63.3% downsideOvervalued by 63.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $98.72 Billion |
|---|---|
| Enterprise Value | $96.64 Billion |
| Dividend Yield | $0 (0%) |
| Earnings per Share | $19.64 |
| Beta | 1.61 |
| Outstanding Shares | 50,697,438 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 68.7 |
|---|---|
| PEG | 649 |
| Price to Sales | 5.36 |
| Price to Book Ratio | 24.96 |
| Enterprise Value to Revenue | 5.24 |
| Enterprise Value to EBIT | 47.12 |
| Enterprise Value to Net Income | 67 |
| Total Debt to Enterprise | 0.01 |
| Debt to Equity | 0.35 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About MercadoLibre Inc
15,500 employees
CEO: Marcos Galperin Founded in 1999, MercadoLibre is the largest online commerce ecosystem in Latin America, serving as an integrated regional platform and as a provider of the necessary online and technology-based tools that allow businesses and individual...