CPNG vs DASH vs MELI Stock Comparison

Coupang, DoorDash and Mercadolibre Prices as of Oct 28, 2026 Peers: Industry group
CPNG Coupang, Inc.
$14.12 +2.6% 1M -55.8% 1Y
Market cap
$26.15B
P/E
–
Revenue (TTM)
$35.46B
Div. yield
–
Online Retail Consumer Discretionary
DASH DoorDash, Inc.
$169.49 -5.0% 1M -35.2% 1Y
Market cap
$78.40B
P/E
93.2x
Revenue (TTM)
$15.89B
Div. yield
–
Ride-Hailing and Delivery Technology
MELI Mercadolibre Inc
$1,673.09 -2.3% 1M -26.9% 1Y
Market cap
$84.02B
P/E
45.1x
Revenue (TTM)
$35.18B
Div. yield
–
Digital Marketplaces Technology
11 wins

Head to Head

11 decided of 12

Mercadolibre leads on 11 of the 12 questions below (Mercadolibre 11). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCPNGDASHMELILeader
Larger companyMarket capitalisation $26.15B $78.40B $84.02B MELI
Cheaper on earningsLower P/E, profitable companies only -34.1x 93.2x 45.1x MELI
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 61.0x 41.3x MELI
Faster revenue growthRevenue growth, trailing twelve months +9.9% +33.6% +46.0% MELI
More profitableNet margin, trailing twelve months -2.2% 5.3% 5.3% MELI
Better return on capitalReturn on invested capital -10.6% — 11.7% MELI
Less leveragedLower net debt / EBITDA 49.4x — 1.1x MELI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -55.8% -35.2% -26.9% MELI
Better 5-year returnAnnualised price return, 5 years -13.9%/yr -2.7%/yr +2.5%/yr MELI
Less volatileAnnualised volatility, 1 year 48.1% 50.0% 41.0% MELI
Higher overall scoreMean of the five percentile scores vs peers 32/100 55/100 62/100 MELI

Percentile Scorecard

CPNGDASHMELI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCPNGDASHMELI
Valuation 11 #93 of 104 27 #121 of 166 52 #80 of 166
Growth 10 #88 of 98 83 #27 of 152 78 #34 of 152
Profitability 22 #75 of 96 63 #57 of 152 87 #21 of 152
Financial Health 30 #77 of 110 57 #77 of 179 33 #121 of 179
Shareholder Returns 89 #9 of 71 43 #54 of 94 –
Overall 32 55 62
  • CPNG ranked among 115 companies in Retail
  • DASH ranked among 185 companies in Internet Platforms
  • MELI ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCPNGDASHMELISPY
1 month +2.6%-5.0%-2.3% +0.9%
3 months -6.9%-12.4%-10.2% +5.9%
6 months -30.5%+0.1%-5.3% +8.5%
Year to date -40.1%-25.2%-16.9% +13.3%
1 year -55.8%-35.2%-26.9% +12.4%
3 years -17.0%+139.9%+39.4% +88.1%
3 years, per year -6.0%+33.9%+11.7% +23.5%
5 years -52.6%-13.0%+13.0% +68.2%
5 years, per year -13.9%-2.7%+2.5% +11.0%
10 years ——+894.9% +263.4%
10 years, per year ——+25.8% +13.8%

Risk

MeasureCPNGDASHMELISPY
Volatility, 1Y 48.1%50.0%41.0% 12.7%
Downside volatility, 1Y 50.1%53.4%44.7% 12.7%
Beta vs S&P 500, 1Y 1.371.401.03 1.00
Return / volatility, 1Y -1.16-0.70-0.66 0.98
Max drawdown, 5Y -69.3%-82.5%-64.2% -25.4%
From 52-week high -56.1%-36.3%-29.1% -0.9%
52-week high $32.13$266.06$2,360.76 $779.14
52-week low $13.75$146.60$1,546.81 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCPNGDASHMELI
P/E now vs peer median -33.1xmedian 16.7x 87.6xmedian 16.8x 45.5xmedian 16.8x
P/S now vs peer median 0.7xmedian 0.4x 4.6xmedian 1.4x 2.4xmedian 1.4x
EV/EBITDA now vs peer median -307.0xmedian 9.2x 37.9xmedian 13.9x 20.8xmedian 13.9x
P/FCF now vs peer median 255.6xmedian 16.0x 28.3xmedian 11.4x 6.8xmedian 11.4x
P/B now vs peer median 8.5xmedian 1.6x 7.4xmedian 1.8x 10.8xmedian 1.8x
PEG now vs peer median 0.59median 0.73 2.35median 0.36 1.29median 0.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCPNGDASHMELI
Revenue $35.46B $15.89B $35.18B
Gross profit $10.06B $8.17B $15.01B
Operating income -$628.00M $712.00M $2.91B
Net income -$767.00M $841.00M $1.86B
Free cash flow $99.00M $2.60B $12.41B
R&D – $1.71B $2.58B
EPS (diluted) $-0.43 $1.91 $36.75
Cash & equivalents $6.11B $4.42B $3.65B
Total debt $2.60B – $10.63B
Shares (diluted) 1.80B 439.35M 50.70M
Enterprise value $190.46M $57.77B $60.04B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCPNGDASHMELI
P/E -33.1x 87.6x 45.5x
P/FCF 255.6x 28.3x 6.8x
P/Operating cash flow 17.8x 25.9x 6.1x
P/S 0.7x 4.6x 2.4x
P/B 8.5x 7.4x 10.8x
P/Tangible book 9.0x 9.3x 10.9x
EV/EBITDA -307.0x 37.9x 20.8x
EV/EBIT -34.7x 95.6x 30.9x
EV/Revenue 0.6x 4.3x 2.6x
EV/FCF 220.2x 26.2x 7.2x
EV/Operating cash flow 15.3x 24.1x 6.5x
PEG (3Y EPS CAGR) 0.59 2.35 1.29

Growth

14 metrics
MetricCPNGDASHMELI
Revenue growth (1Y) 9.9% 33.6% 46.0%
Revenue CAGR (3Y) 17.1% 27.4% 41.3%
Gross profit growth (1Y) 4.3% 37.3% 35.8%
Gross profit CAGR (3Y) 22.6% 32.2% 33.9%
Operating income growth (1Y) -186.7% 31.4% -2.0%
Operating income CAGR (3Y) -52.0% 38.8% 18.1%
Net income growth (1Y) -310.1% 7.1% -9.3%
Net income CAGR (3Y) -55.9% 38.6% 35.0%
EPS growth (1Y) -316.7% 7.4% -9.3%
EPS CAGR (3Y) -55.9% 37.3% 35.3%
Operating cash flow growth (1Y) -25.4% 29.3% 64.1%
Operating cash flow CAGR (3Y) -10.1% 40.9% 45.3%
Free cash flow growth (1Y) -87.3% 30.8% 68.0%
Free cash flow CAGR (3Y) -55.0% 45.2% 44.5%

Profitability

14 metrics
MetricCPNGDASHMELI
Gross margin 28.4% 51.4% 42.7%
EBITDA margin -0.2% 11.3% 12.3%
Operating margin -1.8% 4.5% 8.3%
Pretax margin -1.7% 5.5% 7.4%
Net margin -2.2% 5.3% 5.3%
FCF margin 0.3% 16.3% 35.3%
Operating cash flow margin 4.0% 17.8% 39.5%
Return on equity -22.2% 8.3% 24.7%
Return on assets -4.4% 4.3% 3.8%
Return on invested capital -10.6% – 11.7%
Return on capital employed -9.3% 5.3% 22.8%
Asset turnover 2.0x 0.8x 0.7x
Cash conversion (OCF / net income) -1.9x 3.4x 7.5x
Stock comp / revenue 1.5% 7.0% 0.8%

Financial Health

11 metrics
MetricCPNGDASHMELI
Debt / assets 15.0% – 20.7%
Debt / equity 0.9x – 1.4x
Net debt / EBITDA 49.4x – 1.1x
Debt / FCF 26.3x – 0.9x
Liabilities / assets 82.8% 49.3% 84.7%
Equity / assets 17.2% 50.7% 15.3%
Interest coverage -8.3x – 13.7x
Current ratio 0.9x 1.4x 1.1x
Quick ratio 0.6x 1.1x 0.2x
Cash ratio 0.6x 0.9x 0.2x
Altman Z-score 2.49 5.29 2.33

Shareholder Returns

7 metrics
MetricCPNGDASHMELI
Dividend yield – – –
Net buyback yield 4.3% 1.4% –
Shareholder yield 4.3% 1.4% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCPNGDASHMELI
Forward P/E – 61.0xFY2026 41.3xFY2026
EPS, next fiscal year $-0.51FY2026 $2.78FY2026 $40.52FY2026
EPS growth, next FY -563.6%FY2026 +30.5%FY2026 +2.8%FY2026
EPS growth, the year after – +79.1% +42.0%
Revenue, next fiscal year $36.30BFY2026 $18.88BFY2026 $39.34BFY2026
Revenue growth, next FY +5.1%FY2026 +37.6%FY2026 +36.2%FY2026
Revenue growth, the year after +23.5% +11.2% +45.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCPNGDASHMELI
Held by institutions 81.8% 88.2% 77.8%
Institutions holding 588 1,043 1,438
Change in shares held, QoQ -2.8% +7.4% +3.5%
Institutions buying 262 578 714
Institutions selling 243 349 525
Buyers to sellers 1.08 1.66 1.36

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CPNGDASHMELI
CPNG 1.00 0.35 0.33
DASH 0.35 1.00 0.49
MELI 0.33 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CPNG, DASH and MELI?

Mercadolibre (MELI) is the largest by market capitalisation: Coupang (CPNG) $26.15B, DoorDash (DASH) $78.40B, Mercadolibre (MELI) $84.02B.

Which stock is cheaper, CPNG, DASH and MELI?

Mercadolibre (MELI) trades on the lowest price-to-earnings ratio (Coupang (CPNG) -34.1x, DoorDash (DASH) 93.2x, Mercadolibre (MELI) 45.1x). On next year's consensus earnings, Mercadolibre (MELI) is cheapest (DoorDash (DASH) 61.0x, Mercadolibre (MELI) 41.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mercadolibre (MELI) grew revenue fastest over the trailing twelve months: Coupang (CPNG) +9.9%, DoorDash (DASH) +33.6%, Mercadolibre (MELI) +46.0%.

Which company is more profitable?

Mercadolibre (MELI) has the highest net margin (Coupang (CPNG) -2.2%, DoorDash (DASH) 5.3%, Mercadolibre (MELI) 5.3%). On return on invested capital, Mercadolibre (MELI) leads (Coupang (CPNG) -10.6%, Mercadolibre (MELI) 11.7%).

Which stock has performed better?

Over the past year Mercadolibre (MELI) returned the most: Coupang (CPNG) -55.8%, DoorDash (DASH) -35.2%, Mercadolibre (MELI) -26.9%. Over five years, Mercadolibre (MELI) compounded fastest (Coupang (CPNG) -13.9%/yr, DoorDash (DASH) -2.7%/yr, Mercadolibre (MELI) +2.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Mercadolibre (MELI) has been the steadiest (Coupang (CPNG) 48.1%, DoorDash (DASH) 50.0%, Mercadolibre (MELI) 41.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CPNG, DASH and MELI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mercadolibre (MELI) leads on 11. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.