Specialty Retail
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MELI vs CPNG
Revenue, margins, valuation, and 5-year total return — side by side.
Specialty Retail
MELI vs CPNG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Specialty Retail | Specialty Retail |
| Market Cap | $93.34B | $32.32B |
| Revenue (TTM) | $28.89B | $28.65B |
| Net Income (TTM) | $2.00B | $-165M |
| Gross Margin | 44.5% | 12.7% |
| Operating Margin | 11.1% | 0.3% |
| Forward P/E | 38.6x | 303.7x |
| Total Debt | $11.39B | $4.63B |
| Cash & Equiv. | $3.67B | $6.32B |
MELI vs CPNG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 21 | May 26 | Return |
|---|---|---|---|
| MercadoLibre, Inc. (MELI) | 100 | 125.1 | +25.1% |
| Coupang, Inc. (CPNG) | 100 | 36.3 | -63.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MELI vs CPNG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MELI carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 1.20
- Rev growth 39.1%, EPS growth 4.5%, 3Y rev CAGR 38.9%
- 13.4% 10Y total return vs CPNG's -63.7%
In this particular matchup, CPNG is outpaced on most metrics by others in the set.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 39.1% revenue growth vs CPNG's 14.1% | |
| Value | Lower P/E (38.6x vs 303.7x) | |
| Quality / Margins | 6.9% margin vs CPNG's -0.6% | |
| Stability / Safety | Beta 1.20 vs CPNG's 1.27 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -17.4% vs CPNG's -25.5% | |
| Efficiency (ROA) | 5.7% ROA vs CPNG's -0.9%, ROIC 20.8% vs 14.5% |
MELI vs CPNG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MELI vs CPNG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MELI leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MELI and CPNG operate at a comparable scale, with $28.9B and $28.7B in trailing revenue. MELI is the more profitable business, keeping 6.9% of every revenue dollar as net income compared to CPNG's -0.6%. On growth, MELI holds the edge at +44.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $28.9B | $28.7B |
| EBITDAEarnings before interest/tax | $4.0B | -$45M |
| Net IncomeAfter-tax profit | $2.0B | -$165M |
| Free Cash FlowCash after capex | $10.1B | $279M |
| Gross MarginGross profit ÷ Revenue | +44.5% | +12.7% |
| Operating MarginEBIT ÷ Revenue | +11.1% | +0.3% |
| Net MarginNet income ÷ Revenue | +6.9% | -0.6% |
| FCF MarginFCF ÷ Revenue | +35.0% | +1.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +44.6% | -74.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -12.5% | -3.5% |
Valuation Metrics
MELI leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 46.7x trailing earnings, MELI trades at a 71% valuation discount to CPNG's 162.6x P/E. On an enterprise value basis, MELI's 26.8x EV/EBITDA is more attractive than CPNG's 44.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $93.3B | $32.3B |
| Enterprise ValueMkt cap + debt − cash | $101.1B | $30.6B |
| Trailing P/EPrice ÷ TTM EPS | 46.74x | 162.64x |
| Forward P/EPrice ÷ next-FY EPS est. | 38.60x | 303.74x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 26.79x | 44.86x |
| Price / SalesMarket cap ÷ Revenue | 3.23x | 0.94x |
| Price / BookPrice ÷ Book value/share | 13.83x | 7.18x |
| Price / FCFMarket cap ÷ FCF | 8.66x | 61.92x |
Profitability & Efficiency
MELI leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
MELI delivers a 33.7% return on equity — every $100 of shareholder capital generates $34 in annual profit, vs $-4 for CPNG. CPNG carries lower financial leverage with a 1.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to MELI's 1.69x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +33.7% | -3.7% |
| ROA (TTM)Return on assets | +5.7% | -0.9% |
| ROICReturn on invested capital | +20.8% | +14.5% |
| ROCEReturn on capital employed | +28.3% | +5.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.69x | 1.00x |
| Net DebtTotal debt minus cash | $7.7B | -$1.7B |
| Cash & Equiv.Liquid assets | $3.7B | $6.3B |
| Total DebtShort + long-term debt | $11.4B | $4.6B |
| Interest CoverageEBIT ÷ Interest expense | 17.53x | 8.88x |
Total Returns (Dividends Reinvested)
MELI leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MELI five years ago would be worth $12,730 today (with dividends reinvested), compared to $4,447 for CPNG. Over the past 12 months, MELI leads with a -17.4% total return vs CPNG's -25.5%. The 3-year compound annual growth rate (CAGR) favors MELI at 12.8% vs CPNG's 0.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -6.7% | -23.4% |
| 1-Year ReturnPast 12 months | -17.4% | -25.5% |
| 3-Year ReturnCumulative with dividends | +43.3% | +0.6% |
| 5-Year ReturnCumulative with dividends | +27.3% | -55.5% |
| 10-Year ReturnCumulative with dividends | +1338.9% | -63.7% |
| CAGR (3Y)Annualised 3-year return | +12.8% | +0.2% |
Risk & Volatility
MELI leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MELI is the less volatile stock with a 1.20 beta — it tends to amplify market swings less than CPNG's 1.27 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MELI currently trades 69.6% from its 52-week high vs CPNG's 52.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.20x | 1.27x |
| 52-Week HighHighest price in past year | $2645.22 | $34.08 |
| 52-Week LowLowest price in past year | $1593.21 | $16.74 |
| % of 52W HighCurrent price vs 52-week peak | +69.6% | +52.5% |
| RSI (14)Momentum oscillator 0–100 | 51.9 | 56.7 |
| Avg Volume (50D)Average daily shares traded | 505K | 21.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates MELI as "Buy" and CPNG as "Buy". Consensus price targets imply 48.7% upside for CPNG (target: $27) vs 31.4% for MELI (target: $2420).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $2420.00 | $26.60 |
| # AnalystsCovering analysts | 33 | 16 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +0.8% |
MELI leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.
MELI vs CPNG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MELI or CPNG a better buy right now?
For growth investors, MercadoLibre, Inc.
(MELI) is the stronger pick with 39. 1% revenue growth year-over-year, versus 14. 1% for Coupang, Inc. (CPNG). MercadoLibre, Inc. (MELI) offers the better valuation at 46. 7x trailing P/E (38. 6x forward), making it the more compelling value choice. Analysts rate MercadoLibre, Inc. (MELI) a "Buy" — based on 33 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MELI or CPNG?
On trailing P/E, MercadoLibre, Inc.
(MELI) is the cheapest at 46. 7x versus Coupang, Inc. at 162. 6x. On forward P/E, MercadoLibre, Inc. is actually cheaper at 38. 6x.
03Which is the better long-term investment — MELI or CPNG?
Over the past 5 years, MercadoLibre, Inc.
(MELI) delivered a total return of +27. 3%, compared to -55. 5% for Coupang, Inc. (CPNG). Over 10 years, the gap is even starker: MELI returned +1339% versus CPNG's -63. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MELI or CPNG?
By beta (market sensitivity over 5 years), MercadoLibre, Inc.
(MELI) is the lower-risk stock at 1. 20β versus Coupang, Inc. 's 1. 27β — meaning CPNG is approximately 6% more volatile than MELI relative to the S&P 500. On balance sheet safety, Coupang, Inc. (CPNG) carries a lower debt/equity ratio of 100% versus 169% for MercadoLibre, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MELI or CPNG?
By revenue growth (latest reported year), MercadoLibre, Inc.
(MELI) is pulling ahead at 39. 1% versus 14. 1% for Coupang, Inc. (CPNG). On earnings-per-share growth, the picture is similar: Coupang, Inc. grew EPS 30. 5% year-over-year, compared to 4. 5% for MercadoLibre, Inc.. Over a 3-year CAGR, MELI leads at 38. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MELI or CPNG?
MercadoLibre, Inc.
(MELI) is the more profitable company, earning 6. 9% net margin versus 0. 6% for Coupang, Inc. — meaning it keeps 6. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MELI leads at 11. 1% versus 1. 4% for CPNG. At the gross margin level — before operating expenses — MELI leads at 44. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MELI or CPNG more undervalued right now?
On forward earnings alone, MercadoLibre, Inc.
(MELI) trades at 38. 6x forward P/E versus 303. 7x for Coupang, Inc. — 265. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CPNG: 48. 7% to $26. 60.
08Which pays a better dividend — MELI or CPNG?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is MELI or CPNG better for a retirement portfolio?
For long-horizon retirement investors, MercadoLibre, Inc.
(MELI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 20), +1339% 10Y return). Both have compounded well over 10 years (MELI: +1339%, CPNG: -63. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MELI and CPNG?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MELI is a mid-cap high-growth stock; CPNG is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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