How does MELI's PS Ratio compare to its peers?

MELI is expensive based on its Price-To-Sales Ratio (22.3x) compared to the peer average (2.1x).

How does MELI's PS Ratio compare vs other companies in the European Food Industry?

MELI is expensive based on its Price-To-Sales Ratio (22.3x) compared to the European Food industry average (0.7x).

What is MELI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MELI's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of MELI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate MELI's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

MELI Stock Overview

Engages in the purchase, processing, production, and sale of bee products in Bulgaria. More details

MELI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Revenue has declined by 6.8% over the past year

Shares are highly illiquid

Does not have a meaningful market cap (BGN4M)

Makes less than USD$1m in revenue (BGN179K)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Mellifera AD Competitors

Slantcho AD

BUL:SLR

лв32.0m

Zaharni Zavodi AD

BUL:ZHZA

лв68.9m

BG Agro AD

BUL:BGAG

лв44.8m

Smart Organic AD

BUL:SO

лв254.0m

Price History & Performance

Summary of share price highs, lows and changes for Mellifera AD
Historical stock prices
Current Share Price	лв4.50
52 Week High	лв4.60
52 Week Low	лв3.52
Beta	0
1 Month Change	22.28%
3 Month Change	n/a
1 Year Change	2.27%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MELI	BG Food	BG Market
7D	0%	0.3%	0.6%
1Y	2.3%	-11.4%	12.9%

Return vs Industry: MELI exceeded the BG Food industry which returned -11.4% over the past year.

Return vs Market: MELI underperformed the BG Market which returned 12.9% over the past year.

Price Volatility

Is MELI's price volatile compared to industry and market?
MELI volatility
MELI Average Weekly Movement	n/a
Food Industry Average Movement	4.0%
Market Average Movement	4.2%
10% most volatile stocks in BG Market	8.2%
10% least volatile stocks in BG Market	2.4%

Stable Share Price: MELI's share price has been volatile over the past 3 months compared to the BG market.

Volatility Over Time: Insufficient data to determine MELI's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2016	8	n/a	www.melligel.com

Mellifera AD engages in the purchase, processing, production, and sale of bee products in Bulgaria. The company provides honey, pollen, royal jelly, beeswax, and propolis; consulting and management services; honey and bee-based functional food products; and biological energy gel under the MelliGELÂ Organic Honey Energy Gel name. It is also involved in the exporting activities.

Mellifera AD Fundamentals Summary

How do Mellifera AD's earnings and revenue compare to its market cap?
MELI fundamental statistics
Market cap	лв3.98m
Earnings (TTM)	-лв333.00k
Revenue (TTM)	лв179.00k

22.3x

P/S Ratio

-12.0x

P/E Ratio

Is MELI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MELI income statement (TTM)
Revenue	лв179.00k
Cost of Revenue	лв87.00k
Gross Profit	лв92.00k
Other Expenses	лв425.00k
Earnings	-лв333.00k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.38
Gross Margin	51.40%
Net Profit Margin	-186.03%
Debt/Equity Ratio	0%

How did MELI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:59
End of Day Share Price	2024/12/10 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mellifera AD is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution