𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 - 𝗦𝘁𝗼𝗰𝗸 𝗢𝗳 𝗧𝗵𝗲 𝗪𝗲𝗲𝗸 - 𝗠𝗲𝗿𝗰𝗮𝗱𝗼𝗟𝗶𝗯𝗿𝗲 ($𝗠𝗘𝗟𝗜)
$MELI MercadoLibre is the leading e-commerce and fintech company of LATAM headquartered in Montevideo, Uruguay and founded in 1999 by current CEO Marcos Galperin.
$MELI MercadoLibre is the leading e-commerce and fintech company of LATAM headquartered in Montevideo, Uruguay and founded in 1999 by current CEO Marcos Galperin.
MercadoLibre is present in 18 countries including: Argentina, Brazil, Mexico, Colombia, Chile, Uruguay, Venezuela and Peru. It provides six integrated services including Mercado Libre Marketplace, Mercado Pago, Mercado Envios, Mercado Credito, Mercado Ads and Mercado Shops.
Last quarter they generated $3,037 billion in revenue. That's a growth of 35% YoY! 47% of the revenue is e-commerce revenue and 27% from the fastest growing fintech business Mercado Pago. The Gross Profit Margins grew from 47,7% in Q1 2022 to 50,6% in Q1 2023.
MercadoLibre is growing very fast the last years, from $2.3 billion in 2019 to $10.54 last year. For this year they expect revenue of $13.49 billion, thats a growth of 28%. And they are still in there early innings, there is a lot of growth left in LATAM the coming decade(s).
MercadoLibre has a current marketcap around $58 billion, a PS-ratio of 5.11 and a PE-ratio of 94.5. But both ratios are coming down significantly the coming years because of the high growth. Now is a great moment to invest in one of the highest quality companies in the market.
Fundamental score: 86/100
Buy score: 63/100
Price Target Analysts: $1,569,72
Price target Future Investors: $1.498,78
Upside: 29,90%
Sources:
@yahoofinance
@Mercadolibre
@EconomyApp
Buy score: 63/100
Price Target Analysts: $1,569,72
Price target Future Investors: $1.498,78
Upside: 29,90%
Sources:
@yahoofinance
@Mercadolibre
@EconomyApp
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