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