Global Merchant E-Commerce OS vs Latin American E-Commerce & FinTech
SHOP vs MELI: Head-to-Head Comparison
Comparing quantitative economic moats, Forward P/E multiples, balance sheet liquidity, and institutional 13F whale conviction.
👑 Higher Moat Score
SHO
SHOP 🇺🇸
Shopify Inc.
$152.9
+0.0%
MOAT SCORE
⚡ 85.0/100
VS
MEL
MELI 🇦🇷
MercadoLibre, Inc.
$1897.37
-0.47%
MOAT SCORE
⚡ 85.0/100
📊 Quantitative Fundamental Matchup
| Fundamental Metric | SHOP (Shopify Inc.) | MELI (MercadoLibre, Inc.) | Advantage |
|---|---|---|---|
| Moat Score™ (0-100) | ⚡ 85.0 | ⚡ 85.0 | SHOP (+0.0 pts) |
| Market Capitalization | $198.4B | $96.2B | - |
| Forward P/E Ratio | 80.2x | 48.6x | MELI (Cheaper Multiple) |
| Trailing P/E Ratio | 103.3x | 51.5x | - |
| Gross Profit Margin | 47.8% | 47.7% | SHOP (Higher Pricing Power) |
| YoY Revenue Growth | +33.7% | +49.8% | MELI |
| Free Cash Flow | $1.6B | $353.4M | - |
| Superinvestor 13F Backing | None Tracked | None Tracked | MELI |
🏆 The MoatPicks Verdict: SHOP Wins on Fundamentals
Based on our 12-point quantitative audit, SHOP (Shopify Inc.) achieves an overall Moat Score of 85.0/100 compared to 85.0/100 for MELI. SHOP demonstrates superior capital allocation efficiency and wider defensive moat characteristics in the Technology sector.
Find All 100+ Top-Ranked Moat Compounders
Get real-time 3-hour price updates, 13F whale transaction alerts, and complete 12-point fundamental breakdowns.
Unlock MoatPicks PRO →