MELI vs SMCI: Which Is the Better Buy?
Side-by-side comparison of MercadoLibre, Inc. and Super Micro Computer, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
MercadoLibre, Inc. · Consumer Cyclical
$1,828.94
+25.8% upside to fair value
Med Conviction
Grade B+
High Quality
VS
Super Micro Computer, Inc. · Technology
$43.26
-4.2% 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 |
SMCI |
| Current Price |
$1,828.94 |
$43.26 |
| Fair Value Estimate |
$2,300.00 |
$41.44 |
| Upside to Fair Value |
+25.8%
|
-4.2%
|
| Market Cap |
$92.7B |
$28.0B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
33.0x
|
8.9x
|
| Price / Sales |
2.6x
|
0.7x
|
| Price / FCF |
7.4x
|
—
|
| Revenue Growth YoY |
+49.8%
|
+93.2%
|
| Gross Margin |
42.7%
|
10.8%
|
| Operating Margin |
8.3%
|
7.1%
|
| Return on Equity |
26.5%
|
25.1%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
13.44%
|
—
|
| 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…
Super Micro Computer designs and sells modular, open-standard server and storage systems, with a growing franchise in liquid- and air-cooled AI racks such as the NVIDIA Vera Rubin NVL72, sold through direct, distribution and OEM channels to data center, cloud, AI, 5G and edge customers. The business quality is mixed: revenue grew 93.2% year over year and earnings grew 503.7% in the most recent qu…
Accumulation Zones
| Metric |
MELI |
SMCI |
| Zone Low |
$1,725.00 |
$31.08 |
| Zone High |
$1,955.00 |
$35.22 |
| In Buy Zone? |
Yes
|
No
|