GOOG vs MELI: Which Is the Better Buy?

Side-by-side comparison of Alphabet Inc. and MercadoLibre, Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-05-09.
Alphabet Inc. Β· Communication Services
$339.40
-6.2% upside to fair value
Grade D High Quality
VS
MercadoLibre, Inc. Β· Consumer Cyclical
$1,632.52
+45.0% upside to fair value
Grade B High Quality
QuantHub Verdict
MELI has more upside to fair value (+45.0%). GOOG trades at a lower forward P/E (31.2x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric GOOG MELI
Current Price $339.40 $1,632.52
Fair Value Estimate $318.47 $2,367.15
Upside to Fair Value -6.2% +45.0%
Market Cap $4,105.7B $82.8B
Forward P/E 31.2x 43.1x
EV / EBITDA 23.1x 22.5x
Price / Sales 10.3x 2.7x
Price / FCF 56.4x 7.2x
Revenue Growth YoY +11.3% +30.0%
Gross Margin 59.7% 45.5%
Operating Margin 32.0% 9.9%
Return on Equity 35.0% 29.6%
Dividend Yield 0% 0%
FCF Yield 1.77% 13.89%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
GOOG β€” Alphabet Inc.
Alphabet Inc. operates as a global leader in internet content, advertising, cloud computing, and AI technologies, with dominant market positions in search, browser, and mobile operating systems. The company benefits from a high-quality business model characterized by a durable competitive moat, strong revenue growth of 11.3% year-over-year, and robust profitability with net margins of 32.8%. Desp…
MELI β€” MercadoLibre, Inc.
MercadoLibre, Inc. operates a leading e-commerce and fintech platform in Latin America, combining a dominant commerce marketplace with a rapidly growing fintech segment. The company benefits from a durable competitive moat driven by network effects, strong brand recognition, and a comprehensive logistics infrastructure. Despite a recent earnings growth decline of 15.6% in the most recent quarter,…
Accumulation Zones
Metric GOOG MELI
Zone Low $238.85 $1,775.36
Zone High $270.70 $2,012.08
In Buy Zone? No Yes
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