Is MercadoLibre Inc. (MELI) overvalued? · P/E 43, rev $20.78B
MercadoLibre Inc. (MELI) is a internet retail company listed on NASDAQ.
This page asks whether MercadoLibre Inc. (MELI) looks expensive on cached numbers — not a short thesis.
Latest reported MELI revenue for 2024-12-31 was $20.78B. Net income was $1.91B. Revenue was up 387.6% from 2023-12-31 to 2024-12-31. MELI currently screens at market cap $82.73B and trailing P/E 43.1.
MELI currently screens at market cap $82.73B and trailing P/E 43.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MELI 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MELI stock page for the full model, not this heading.
Not investment advice.