GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MercadoLibre Inc (LIM:MELI) » Definitions » Cyclically Adjusted Price-to-FCF

MercadoLibre (LIM:MELI) Cyclically Adjusted Price-to-FCF : 66.23 (As of May. 12, 2025)


View and export this data going back to 2024. Start your Free Trial

What is MercadoLibre Cyclically Adjusted Price-to-FCF?

As of today (2025-05-12), MercadoLibre's current share price is $2287.00. MercadoLibre's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $34.53. MercadoLibre's Cyclically Adjusted Price-to-FCF for today is 66.23.

The historical rank and industry rank for MercadoLibre's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LIM:MELI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 49.59   Med: 115.15   Max: 429.58
Current: 72.1

During the past years, MercadoLibre's highest Cyclically Adjusted Price-to-FCF was 429.58. The lowest was 49.59. And the median was 115.15.

LIM:MELI's Cyclically Adjusted Price-to-FCF is ranked worse than
90.34% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.34 vs LIM:MELI: 72.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

MercadoLibre's adjusted free cash flow per share data for the three months ended in Dec. 2024 was $51.660. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $34.53 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MercadoLibre Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MercadoLibre's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MercadoLibre Cyclically Adjusted Price-to-FCF Chart

MercadoLibre Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 337.50 232.57 79.41 78.88 50.04

MercadoLibre Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.88 65.98 62.61 70.92 50.04

Competitive Comparison of MercadoLibre's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, MercadoLibre's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MercadoLibre's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MercadoLibre's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MercadoLibre's Cyclically Adjusted Price-to-FCF falls into.


;
;

MercadoLibre Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

MercadoLibre's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2287.00/34.53
=66.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MercadoLibre's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, MercadoLibre's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=51.66/133.1571*133.1571
=51.660

Current CPI (Dec. 2024) = 133.1571.

MercadoLibre Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.678 99.621 0.906
201506 0.946 100.684 1.251
201509 0.028 100.392 0.037
201512 1.906 99.792 2.543
201603 -0.617 100.470 -0.818
201606 0.781 101.688 1.023
201609 1.783 101.861 2.331
201612 0.609 101.863 0.796
201703 2.083 102.862 2.696
201706 2.260 103.349 2.912
201709 -0.034 104.136 -0.043
201712 0.088 104.011 0.113
201803 -1.360 105.290 -1.720
201806 2.727 106.317 3.415
201809 1.479 106.507 1.849
201812 0.151 105.998 0.190
201903 2.292 107.251 2.846
201906 -0.221 108.070 -0.272
201909 3.571 108.329 4.389
201912 0.848 108.420 1.041
202003 -2.634 108.902 -3.221
202006 12.084 108.767 14.794
202009 5.960 109.815 7.227
202012 3.390 109.897 4.108
202103 -7.740 111.754 -9.222
202106 2.047 114.631 2.378
202109 1.895 115.734 2.180
202112 10.936 117.630 12.380
202203 -7.340 121.301 -8.057
202206 16.023 125.017 17.066
202209 12.043 125.227 12.806
202212 27.889 125.222 29.656
202303 15.029 127.348 15.715
202306 25.375 128.729 26.248
202309 16.232 129.860 16.644
202312 32.974 129.419 33.926
202403 26.905 131.776 27.187
202406 33.493 132.554 33.645
202409 27.161 133.029 27.187
202412 51.660 133.157 51.660

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


MercadoLibre  (LIM:MELI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


MercadoLibre Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of MercadoLibre's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


MercadoLibre Business Description

Address
WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300
MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions when last reported. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.