MELI vs TSM: Which Is the Better Buy?
Side-by-side comparison of MercadoLibre, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-17.
MercadoLibre, Inc. · Consumer Cyclical
$1,635.15
+45.0% upside to fair value
Grade B
High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$409.74
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
TSM trades at a lower forward P/E
(38.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MELI |
TSM |
| Current Price |
$1,635.15 |
$409.74 |
| Fair Value Estimate |
$2,370.97 |
$594.12 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$82.9B |
$2,125.1B |
| Forward P/E |
43.2x
|
38.8x
|
| EV / EBITDA |
27.0x
|
17.6x
|
| Price / Sales |
2.6x
|
14.5x
|
| Price / FCF |
7.7x
|
58.4x
|
| Revenue Growth YoY |
+49.0%
|
+36.0%
|
| Gross Margin |
43.9%
|
61.9%
|
| Operating Margin |
9.6%
|
53.2%
|
| Return on Equity |
29.6%
|
36.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
12.92%
|
1.71%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
MercadoLibre is a leading Latin American e-commerce and fintech platform with a durable competitive moat driven by its integrated logistics and financial services stack. The company commands approximately 30 to 35 percent market share in e-commerce and over 30 percent in online payments in key markets like Brazil. It is founder-influenced with a long-tenured management team and reinvests heavily …
Taiwan Semiconductor Manufacturing Company Limited (TSM) is a leading semiconductor foundry specializing in advanced chip manufacturing technologies. The company exhibits high business quality with a durable competitive moat driven by cost advantages, intangible assets, and strong brand recognition. It demonstrates robust profitability with a net margin of 47.0% and a return on equity of 36.9%. R…
Accumulation Zones
| Metric |
MELI |
TSM |
| Zone Low |
$1,778.23 |
$445.59 |
| Zone High |
$2,015.32 |
$505.00 |
| In Buy Zone? |
Yes
|
Yes
|