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How to buy MercadoLibre (MELI) shares in Australia

Learn how to easily invest in MercadoLibre shares.

MercadoLibre Inc. is an internet retail business with stocks listed in the US. MercadoLibre shares (MELI) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was US$1356.43 – a decrease of 6.07% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in MercadoLibre

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for MercadoLibre. Find the share by name or ticker symbol: MELI. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MercadoLibre reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$1370.25, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of MercadoLibre, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of MercadoLibre. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

MercadoLibre stock price (NASDAQ:MELI)

Use our graph to track the performance of MELI stocks over time.

MercadoLibre shares at a glance

Information last updated 2024-04-17.
52-week rangeUS$1063.02 - US$1825
50-day moving average US$1585.2118
200-day moving average US$1440.962
Target priceUS$1947.43
PE ratio 71.9444
Dividend yield N/A (0%)
Earnings per share (TTM) US$19.43

MercadoLibre share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

MercadoLibre price performance over time

Historical closes compared with the last close of $1356.43

1 week (2024-04-11) -10.02%
1 month (2024-03-21) -12.81%
3 months (2024-01-19) -21.42%
6 months (2023-10-20) 15.97%
1 year (2023-04-21) 5.81%
2 years (2022-04-21) 33.77%
3 years (2021-04-21) -13.99%
5 years (2019-04-18) 175.70%

Compare trading platforms to buy MercadoLibre shares

Name Product Standard brokerage for US shares Currency conversion fee Asset class
eToro
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0.70%
US shares, ETFs
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Tiger Brokers
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US$2
37 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: 10 no-brokerage US or ASX market trades in the first 180 days + 7% p.a. on uninvested cash with first deposit of any amount, plus US$30 TSLA + US$30 NVDA shares with deposits up to AU$2000. T&Cs apply.
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CMC Invest
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US$0
0.60%
ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
Webull
US$0.25
0.50% (50 pips)
ASX shares, Global shares, Options trading, US shares, ETFs
Sign up & deposit $200 to get $100 of rewards value, or deposit $1,000 to get $200 worth. Up to $5,450 value available. T&Cs apply.
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
Saxo Invested
Saxo Invested
US$1
0.25%
ASX shares, Global shares, Options trading, US shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy MercadoLibre stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is MercadoLibre under- or over-valued?

Valuing MercadoLibre stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MercadoLibre's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MercadoLibre's P/E ratio

MercadoLibre's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 72x. In other words, MercadoLibre shares trade at around 72x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

MercadoLibre's PEG ratio

MercadoLibre's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4199. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MercadoLibre's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MercadoLibre's EBITDA

MercadoLibre's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$2.7 billion (£2.2 billion).

The EBITDA is a measure of a MercadoLibre's overall financial performance and is widely used to measure stock profitability.

MercadoLibre share price volatility

Over the last 12 months, MercadoLibre's shares have ranged in value from as little as US$1063.02 up to US$1825. A popular way to gauge a stock's volatility is its "beta".

MELI.US volatility(beta: 1.45)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MercadoLibre's is 1.453. This would suggest that MercadoLibre's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

MercadoLibre financials

Revenue TTM US$14.5 billion
Operating margin TTM 13.87%
Gross profit TTM US$6 billion
Return on assets TTM 8.66%
Return on equity TTM 40.3%
Profit margin 6.82%
Book value 60.575
Market capitalisation US$70.9 billion

TTM: trailing 12 months

MercadoLibre share dividends

We're not expecting MercadoLibre to pay a dividend over the next 12 months.

MercadoLibre overview

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; 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 Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

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