COMPARE · Data as of August 21, 2026
CART vs MELI
Verdict: Side-by-side breakdown using the Bull Rankings model. CART scored 66.1, MELI scored 72.7 — MELI leads.
Compare another set
CART
Maplebear Inc.
66.1
$49.83 · $11.5B
fundamentals as of
Score gap
6.6
MELI leads
MELI
MercadoLibre, Inc.
72.7
$1,922.73 · $97.5B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestCART27.2x
- Fastest growthMELI+41.2%
- Strongest balance sheetCART0.01
- Highest qualityCART94 / 100
- Largest discount to fair valueCART-60%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
CART
stronger →← stronger
MELI
94
Qualityreturns · margins · balance sheet
75
81
Growthrevenue & earnings expansion
98
38
Valuevaluation vs sector peers
52
MELI is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
CART
MELI
$1.2bC+
FCF
$12.4bA-
+12.6%B+
Rev
+41.2%A
0.01A
D/E
1.69C+
27.2xC+
P/E
52.4xD
2.30C
PEG
1.36B
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
CART
MELI
60% below
Price vs fair valuelower is cheaper
58% below
~-11%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-7%/yr
+108%
1-yr DCF upside
+83%
+152%
5-yr DCF upside
+139%
+235%
10-yr DCF upside
+249%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CART
Why this score
- Buying back stock
- Durable high returns
- Short track record
MELI
Why this score
- Durable high returns
The companies
CARTMaplebear Inc.
Why now
Internet Retail · market cap $11.5b. 4% off the 52-week high of $51.81. Revenue growing +13%, comfortably above the S&P median. 27 sell-side analysts rate this a Buy with a mean 1-yr target of $57.56 (implying +16% upside).
Moat
Net margin 12% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 21% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
E-commerce competition — Amazon, Walmart, Shein, and Temu have each forced the rest of the category to compete on price, fulfillment speed, or assortment; sustaining margins requires one of those being structurally defended.
MELIMercadoLibre, Inc.
Why now
Internet Retail · market cap $97.5b. Down 25% from 52-week high of $2548.50 — deep drawdown territory. Revenue growing +41% — in hypergrowth territory. 24 sell-side analysts rate this a Buy with a mean 1-yr target of $2,257 (implying +17% upside).
Moat
ROE 24% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong. $97.5b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Trailing P/E 52.4x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. E-commerce competition — Amazon, Walmart, Shein, and Temu have each forced the rest of the category to compete on price, fulfillment speed, or assortment; sustaining margins requires one of those being structurally defended.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where CART and MELI diverge
On the headline score the gap is 6.6 points in favor of MELI. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- QualityCART 94.3 · MELI 74.8CART +19.5
- GrowthCART 80.8 · MELI 98.1MELI +17.3
- ValueCART 37.9 · MELI 52.4MELI +14.5
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.