MELI vs NKE: Which Is the Better Buy?
Side-by-side comparison of MercadoLibre, Inc. and NIKE, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-17.
MercadoLibre, Inc. · Consumer Cyclical
$1,828.94
+25.8% upside to fair value
Med Conviction
Grade B+
High Quality
VS
NIKE, Inc. · Consumer Cyclical
$35.78
+9.9% upside to fair value
Med Conviction
Grade C
QuantHub Verdict
MELI has more upside to fair value
(+25.8%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MELI |
NKE |
| Current Price |
$1,828.94 |
$35.78 |
| Fair Value Estimate |
$2,300.00 |
$39.33 |
| Upside to Fair Value |
+25.8%
|
+9.9%
|
| Market Cap |
$92.7B |
$53.0B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
33.0x
|
12.0x
|
| Price / Sales |
2.6x
|
1.1x
|
| Price / FCF |
7.4x
|
24.3x
|
| Revenue Growth YoY |
+49.8%
|
-1.1%
|
| Gross Margin |
42.7%
|
42.9%
|
| Operating Margin |
8.3%
|
8.2%
|
| Return on Equity |
26.5%
|
22.0%
|
| Dividend Yield |
0% |
4.58% |
| FCF Yield |
13.44%
|
4.12%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
MercadoLibre operates Latin America's leading ecommerce marketplace alongside Mercado Pago payments, credit, logistics, advertising and loyalty products, creating a broad ecosystem with meaningful network effects and cross-sell. Business momentum remains strong: revenue and financial income grew 49.8% year over year in the most recent quarter to $10.169 billion, GMV increased 44%, TPV rose 56%, a…
NIKE designs, markets and distributes athletic footwear, apparel and equipment through the Nike, Jordan and Converse brands, supported by global athlete marketing, valuable intellectual property and a broad wholesale and owned-digital network. Business quality is medium: its brand moat and 22.0% ROE remain meaningful, but the moat is narrowing amid intense competition, weak direct sales and uneve…
Accumulation Zones
| Metric |
MELI |
NKE |
| Zone Low |
$1,725.00 |
$29.50 |
| Zone High |
$1,955.00 |
$33.43 |
| In Buy Zone? |
Yes
|
No
|