MELI vs TMO: Which Is the Better Buy?

Side-by-side comparison of MercadoLibre, Inc. and Thermo Fisher Scientific Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-18.
MercadoLibre, Inc. Β· Consumer Cyclical
$1,828.94
+25.8% upside to fair value
Med Conviction Grade B+ High Quality
VS
Thermo Fisher Scientific Inc. Β· Healthcare
$658.32
+31.1% upside to fair value
Med Conviction Grade B High Quality
QuantHub Verdict
TMO has more upside to fair value (+31.1%). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric MELI TMO
Current Price $1,828.94 $658.32
Fair Value Estimate $2,300.00 $863.34
Upside to Fair Value +25.8% +31.1%
Market Cap $92.7B $244.7B
Forward P/E β€” β€”
EV / EBITDA 33.0x 25.9x
Price / Sales 2.6x 5.3x
Price / FCF 7.4x 33.4x
Revenue Growth YoY +49.8% +10.5%
Gross Margin 42.7% 40.4%
Operating Margin 8.3% 17.7%
Return on Equity 26.5% 13.4%
Dividend Yield 0% 0.28%
FCF Yield 13.44% 3.0%
Analyst Consensus Buy Strong Buy
Investment Thesis
MELI β€” MercadoLibre, Inc.
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…
TMO β€” Thermo Fisher Scientific Inc.
Thermo Fisher Scientific is a global life-sciences and laboratory-services platform spanning Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services, with recognized brands including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Patheon, and PPD, serving pharmaceutical, biotech, clinical, academic, and governme…
Accumulation Zones
Metric MELI TMO
Zone Low $1,725.00 $647.50
Zone High $1,955.00 $733.84
In Buy Zone? Yes Yes
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