According to @StockMarketNerd, MercadoLibre includes credit funding within free cash flow which is a current drag while the company is in growth mode, creating misleading FCF multiples for traders who rely on third-party screens, source: @StockMarketNerd on X, Nov 21, 2025. The post states many services show Q1 to Q2 FCF around 3.3 billion dollars, while the company reported about 440 million dollars, which can distort valuation if FCF is used, source: @StockMarketNerd on X, Nov 21, 2025. The author argues EBIT is the cleaner metric once credit funding and foreign exchange noise are removed, and adds that MELI trades at an all-time low forward EBIT multiple of 25 times, source: @StockMarketNerd on X, Nov 21, 2025. For trading and valuation screens, the takeaway is to anchor on EBIT rather than FCF and to adjust for FX effects cited in the post, source: @StockMarketNerd on X, Nov 21, 2025. The post does not reference any cryptocurrency exposure or market impact, source: @StockMarketNerd on X, Nov 21, 2025.