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MELI - MercadoLibre, Inc.

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MercadoLibre, Inc.

MELI

NASDAQ

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

2280.69 USD

-13.83 (-0.606%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

3.97B

7.07B

10.54B

14.47B

20.78B

21.43B

22.11B

22.8B

23.52B

24.27B

Revenue %

-

77.92

49.05

37.35

43.56

3.15

3.15

3.15

3.15

Ebitda

269.3M

614.28M

1.36B

2.29B

3.25B

2.56B

2.65B

2.73B

2.81B

2.9B

Ebitda %

6.78

8.69

12.92

15.81

15.63

11.96

11.96

11.96

11.96

Ebit

188M

469.33M

1.05B

1.76B

2.63B

1.98B

2.04B

2.11B

2.17B

2.24B

Ebit %

4.73

6.64

9.98

12.19

12.66

9.24

9.24

9.24

9.24

Depreciation

81.3M

144.94M

309M

524M

617M

583.76M

602.17M

621.15M

640.74M

660.94M

Depreciation %

2.05

2.05

2.93

3.62

2.97

2.72

2.72

2.72

2.72

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

2.46B

2.79B

3.03B

7.33B

9.18B

9.65B

9.95B

10.26B

10.59B

10.92B

Total Cash %

61.93

39.51

28.76

50.63

44.2

45.01

45.01

45.01

45.01

Receivables

1.38B

3.34B

3.08B

6.58B

255M

6.76B

6.97B

7.19B

7.42B

7.66B

Receivables %

34.68

47.22

29.19

45.43

1.23

31.55

31.55

31.55

31.55

Inventories

118.14M

253M

152M

238M

296M

474.23M

489.19M

504.61M

520.52M

536.93M

Inventories %

2.97

3.58

1.44

1.64

1.42

2.21

2.21

2.21

2.21

Payable

728.06M

1.37B

1.39B

2.12B

3.2B

3.47B

3.58B

3.69B

3.81B

3.93B

Payable %

18.32

19.42

13.22

14.63

15.38

16.19

16.19

16.19

16.19

Cap Ex

-247.14M

-609.5M

-455M

-509M

-860M

-1.15B

-1.19B

-1.22B

-1.26B

-1.3B

Cap Ex %

-6.22

-8.62

-4.32

-3.52

-4.14

-5.36

-5.36

-5.36

-5.36

Weighted Average Cost Of Capital

Price

2.28k

Beta

Diluted Shares Outstanding

50.7M

Costof Debt

3.92

Tax Rate

After Tax Cost Of Debt

3.08

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

6.85B

Total Equity

115.63B

Total Capital

122.48B

Debt Weighting

5.59

Equity Weighting

94.41

Wacc

11.04

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

3.97B

7.07B

10.54B

14.47B

20.78B

21.43B

22.11B

22.8B

23.52B

24.27B

Ebitda

269.3M

614.28M

1.36B

2.29B

3.25B

2.56B

2.65B

2.73B

2.81B

2.9B

Ebit

188M

469.33M

1.05B

1.76B

2.63B

1.98B

2.04B

2.11B

2.17B

2.24B

Tax Rate

21.42

21.42

21.42

21.42

21.42

21.42

21.42

21.42

21.42

21.42

Ebiat

-1.63M

161.89M

650.08M

1.12B

2.07B

944.41M

974.18M

1B

1.04B

1.07B

Depreciation

81.3M

144.94M

309M

524M

617M

583.76M

602.17M

621.15M

640.74M

660.94M

Receivables

1.38B

3.34B

3.08B

6.58B

255M

6.76B

6.97B

7.19B

7.42B

7.66B

Inventories

118.14M

253M

152M

238M

296M

474.23M

489.19M

504.61M

520.52M

536.93M

Payable

728.06M

1.37B

1.39B

2.12B

3.2B

3.47B

3.58B

3.69B

3.81B

3.93B

Cap Ex

-247.14M

-609.5M

-455M

-509M

-860M

-1.15B

-1.19B

-1.22B

-1.26B

-1.3B

Ufcf

-935.67M

-1.75B

887.08M

-1.72B

9.17B

-6.03B

271.98M

280.56M

289.4M

298.53M

Wacc

11.04

11.04

11.04

11.04

11.04

Pv Ufcf

-5.43B

220.59M

204.92M

190.36M

176.84M

Sum Pv Ufcf

-4.64B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

11.04

Free Cash Flow T1

310.47M

Terminal Value

4.41B

Present Terminal Value

2.61B

Intrinsic Value

Enterprise Value

-2.03B

Net Debt

4.21B

Equity Value

-6.24B

Diluted Shares Outstanding

50.7M

Equity Value Per Share

-123.13

Projected DCF

-123.13 19.523%

DCF Levered

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