Why The 27% Return On Capital At MercadoLibre (NASDAQ:MELI) Should Have Your Attention
Oct 30
U.S. General Merchandise and Department Stores Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies34
- 7D2.3%
- 3M-6.3%
- 1Y25.1%
- YTD28.6%
Over the last 7 days, the General Merchandise and Department Stores industry has risen 2.3%, driven by gains from Amazon.com of 0.9%. This takes the industry's 12 month performance to a gain of 25%. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the U.S. General Merchandise and Department Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | US$1.9t | US$992.8b | US$41.3b | 25.5x | 45.2x | 1.9x |
| Wed, 27 Sep 2023 | US$1.8t | US$977.1b | US$34.3b | 22.1x | 53.8x | 1.9x |
| Fri, 25 Aug 2023 | US$1.9t | US$975.9b | US$33.9b | 20.4x | 56.2x | 1.9x |
| Sun, 23 Jul 2023 | US$1.9t | US$946.8b | US$25.3b | 33.1x | 74.9x | 2x |
| Tue, 20 Jun 2023 | US$1.9t | US$949.5b | US$25.4b | 29x | 72.8x | 1.9x |
| Thu, 18 May 2023 | US$1.7t | US$953.4b | US$19.6b | 37x | 88.2x | 1.8x |
| Sat, 15 Apr 2023 | US$1.6t | US$946.5b | US$9.1b | 26.2x | 175x | 1.7x |
| Mon, 13 Mar 2023 | US$179.4b | US$252.8b | US$9.0b | 19.9x | 19.9x | 0.7x |
| Wed, 08 Feb 2023 | US$195.6b | US$252.8b | US$10.8b | 18.5x | 18.1x | 0.8x |
| Fri, 06 Jan 2023 | US$182.7b | US$252.8b | US$10.8b | 17.1x | 16.9x | 0.7x |
| Sun, 04 Dec 2022 | US$191.9b | US$252.7b | US$10.8b | 17.1x | 17.8x | 0.8x |
| Tue, 01 Nov 2022 | US$193.6b | US$251.6b | US$12.0b | 12.9x | 16.1x | 0.8x |
| Thu, 29 Sep 2022 | US$178.8b | US$251.6b | US$12.0b | 12x | 14.9x | 0.7x |
| Sat, 27 Aug 2022 | US$183.4b | US$251.8b | US$12.2b | 8.8x | 15.1x | 0.7x |
| Mon, 25 Jul 2022 | US$192.9b | US$249.4b | US$13.9b | 10.4x | 13.8x | 0.8x |
| Wed, 22 Jun 2022 | US$184.3b | US$249.5b | US$14.0b | 10.6x | 13.2x | 0.7x |
| Fri, 20 May 2022 | US$174.1b | US$247.7b | US$13.7b | 12.1x | 12.7x | 0.7x |
| Sun, 17 Apr 2022 | US$239.3b | US$246.2b | US$14.6b | 15.8x | 16.3x | 1x |
| Tue, 15 Mar 2022 | US$209.4b | US$246.0b | US$14.7b | 13.6x | 14.2x | 0.9x |
| Thu, 10 Feb 2022 | US$218.3b | US$239.0b | US$13.5b | 16.8x | 16.1x | 0.9x |
| Sat, 08 Jan 2022 | US$230.5b | US$238.9b | US$13.6b | 17.7x | 17x | 1x |
| Mon, 06 Dec 2021 | US$233.9b | US$238.9b | US$13.6b | 18.3x | 17.2x | 1x |
| Wed, 03 Nov 2021 | US$238.2b | US$218.5b | US$12.3b | 18.7x | 19.4x | 1.1x |
| Fri, 01 Oct 2021 | US$212.0b | US$218.5b | US$12.3b | 16.1x | 17.2x | 1x |
| Sun, 29 Aug 2021 | US$227.5b | US$220.3b | US$12.0b | 16.6x | 19x | 1x |
| Mon, 05 Jul 2021 | US$228.0b | US$214.6b | US$11.2b | 19.3x | 20.4x | 1.1x |
| Thu, 08 Apr 2021 | US$207.6b | US$205.3b | US$4.4b | 19.9x | 47.4x | 1x |
| Sun, 10 Jan 2021 | US$192.9b | US$200.9b | US$3.5b | 23.3x | 55.2x | 1x |
Price to Earnings Ratio
46.3x
Current Industry PE
- Investors are optimistic on the American Multiline Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 45.2x which is higher than its 3-year average PE of 36.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Multiline Retail industry have grown 127% per year over the last three years.
- Revenues for these companies have grown 71% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Consumer Discretionary industry?
| US Market | -2.42% | |
| Consumer Discretionary | -0.39% | |
| General Merchandise and Department Stores | 2.30% | |
| Broadline Retail | 2.30% | |
| General Merchandise Stores | 0% | |
| Department Stores | -28.57% | |
Industry PE
- Investors are most pessimistic about the Broadline Retail industry, which is trading below its 3-year average of 84.5x.
Forecasted Growth
- Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 25% over the next 5 years.
- However this is lower than its past earnings growth rate of 78% per year.
- In contrast, the Broadline Retail industry is expected to see its earnings grow by 25% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AMZN Amazon.com | US$127.74 | 0.9% +US$14.3b | 24.7% | PE65.7x | |
| BABA Alibaba Group Holding | US$82.82 | 2.9% +US$5.9b | 30.3% | PE18.3x | |
| PDD PDD Holdings | US$108.28 | 3.9% +US$5.4b | 97.5% | PE25.5x | |
| JD JD.com | US$25.65 | 3.4% +US$1.3b | -31.2% | PE13.5x | |
| MELI MercadoLibre | US$1.20k | 1.7% +US$1.0b | 33.1% | PE79.4x |
