COMP <GO>
MELI vs PDD // NET PROFIT MARGIN
MercadoLibre Inc. (NASDAQ) VS. PDD Holdings Inc. (NASDAQ) • 15-METRIC TALLY: MELI 3
— PDD 9
▲ NET PROFIT MARGIN LEADER: PDD
LAST: $1,624.53 (-2.14%) • MKT CAP: $84.16B
net-margins
9.80%
LAST: $78.61 (-0.84%) • MKT CAP: $112.85B
net-margins
22.70%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MELI VS. PDD)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MELI | PDD | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 63.20% | 56.30% | +6.90 | MELI | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 13.90% | 18.60% | -4.70 | PDD | /roic <GO> |
| EV/EBITDA & P/E Valuation | 24.0x | 7.0x | +17.00 | PDD | /valuation <GO> |
| Free Cash Flow Yield | 13.31% | 11.09% | +2.22 | MELI | /fcf-yield <GO> |
| Operating Margin | 15.70% | 21.60% | -5.90 | PDD | /operating-margins <GO> |
| Net Profit Margin ACTIVE | 9.80% | 22.70% | -12.90 | PDD | /net-margins <GO> |
| Revenue Growth (YoY) | 34.30% | 14.50% | +19.80 | MELI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.46 | 4.57 | -2.11 | PDD | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 8/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 35.7 | 48.9 | -13.20 | PDD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.93 | 1.06 | -0.13 | PDD | /macro-sensitivity <GO> |
| Forward P/E Multiple | 35.4x | 6.8x | +28.60 | PDD | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $84.16B | $112.85B | -$28.68B | PDD | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MELI REV | PDD REV | MELI GROSS % | PDD GROSS % | MELI FCF | PDD FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $20.34B | $61.75B | 63.2% | 56.3% | $11.20B | $12.51B |
| FY 2024 | $15.14B | $53.96B | 63.3% | 60.9% | $7.24B | $14.28B |
| FY 2023 | $10.49B | $34.88B | — | — | $4.67B | $11.69B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MELI // BETA 0.93
PDD // BETA 1.06