Data as of:
brimindinvest.com / compare / sea-vs-meli-emergeLIVE
SE
Sea Limited · Consumer Discretionary / Technology - Southeast Asia Digital Economy
$101.79
-14.53% this month
VERSUS
COMPARE
MELI
MercadoLibre, Inc. · Consumer Discretionary / Technology - Latin America Digital Economy
$1,787.39
-6.35% this month
Comparison scoreboard
SE LEADS 3/5
AI Scorei
SE 55.6
MELI 63.8
1Y Returni
SE -46.58%
MELI -27.82%
Fwd P/Ei
SE 19.61
MELI 34.60
Target Up.i
SE +54.35%
MELI +14.76%
Op. Margini
SE 8.35%
MELI 6.72%
Metrics last refreshed: 9/20/2026
Quick take

SE vs MELI Stock Comparison: AI Score, Valuation, Performance and Upside

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Both SE and MELI are dominant regional digital economy platforms — SE across Southeast Asia and MELI across Latin America — combining e-commerce marketplaces with fintech services targeting underbanked populations. MELI is generally larger, more profitable, and more established, while SE offers more geographic diversification and a larger addressable population.

SE vs MELI compares the two leading emerging market digital economy platforms, each combining e-commerce and fintech dominance in high-growth regions with large underbanked populations.

Live analysis · updated 9/20/2026

SE holds the edge across 3 of 5 key metrics in this comparison. MELI has delivered stronger 1-year price return (-27.82% vs -46.58%), though SE has the better forward P/E setup (19.61x vs 34.60x for MELI). On fundamentals, MELI is growing revenue faster (49.80%), while SE maintains the higher operating margin (8.35%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for SE (+54.35%) than for MELI (+14.76%).

Want a full valuation workup? 46-section report — AI Score, Monte Carlo forecast, bull/bear case, DCF, and more.
Normalized 1Y performance
SE
MELI
Recent returns
SE
MELI
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

SE · 28 analysts
STRONG BUYHOLDSTRONG SELL
Strong Buy (1.3/5.0)
28 Buy / 1 Hold / 0 Sell
Price target range
analyst low$105.00
analyst high$195.00
analyst mean$157.11
current price$101.79
+54.3% upside to analyst mean
MELI · 25 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.6/5.0)
19 Buy / 5 Hold / 0 Sell
Price target range
analyst low$1,868.21
analyst high$3,200.00
analyst mean$2,256.54
current price$1,787.39
+14.8% upside to analyst mean
Who should consider this stock?
SE may suit investors who:
  • Want exposure to Southeast Asia's digital economy through a leading e-commerce and fintech platform
  • Believe Shopee and SeaMoney can sustain long-term growth as Southeast Asian consumer spending matures
  • Are comfortable with a more complex, multi-segment business navigating competitive dynamics
MELI may suit investors who:
  • Want exposure to Latin America's dominant e-commerce and fintech platform
  • Value MercadoLibre's more established profitability and scale versus earlier-stage emerging market peers
  • Believe Mercado Pago's fintech flywheel will drive compounding growth across payments, lending, and investing
Performance & AI score
Performance & AI score
MetricSEMELI
AI scorei55.663.8
AI ranki#263#99
Latest closei$101.79$1,787.39
1M returni-14.53%-6.35%
6M returni+29.09%+7.23%
1Y returni-46.58%-27.82%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodSEMELI
1Y ago$5.34K (-46.6%)
started 2025-09-18
$7.22K (-27.8%)
started 2025-09-18
5Y ago$3.09K (-69.1%)
started 2021-09-20
$9.82K (-1.8%)
started 2021-09-20
10Y ago$62.6K (+526.0%)
started 2017-10-20
$99.9K (+899.0%)
started 2016-09-19

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricSEMELI
Market capi$62.34B$99.68B
Trailing P/Ei39.3053.47
Forward P/Ei19.6134.60
Price/Salesi2.255.62
EV/Revenuei2.163.04
Analyst targeti$157.11$2,256.54
Target upsidei+54.35%+14.76%
Growth, profitability & risk
Growth, profitability & risk
MetricSEMELI
Revenue growthi48.10%49.80%
Earnings growthi7.70%-10.90%
EPS growthi+7.70%-10.90%
FCF margini+0.24%+1.00%
Operating margini8.35%6.72%
Profit margini5.91%5.30%
ROIC proxyi14.73%27.50%
Return on equityi14.73%27.50%
Dividend yieldi0.00%N/A
Payout ratioi0.00%0.00%
Dividend growth streakiN/AN/A
Betai1.521.31
Debt/equityi31.62168.59
Current ratioi1.491.12
Quick ratioi0.620.40
Correlation

Over the past year, SE and MELI have moved moderately in the same direction (correlation of 0.48), based on daily returns.

1Y
0.48
-1.0+1.0
5Y
0.50
-1.0+1.0
10Y
0.48
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
SE max drawdowni59.49%
MELI max drawdowni38.40%
SE max wkly dropi18.01%
MELI max wkly dropi15.16%
5Y risk snapshot
SE max drawdowni90.51%
MELI max drawdowni67.52%
SE max wkly dropi38.19%
MELI max wkly dropi33.57%
10Y risk snapshot
SE max drawdowni90.51%
MELI max drawdowni69.12%
SE max wkly dropi38.19%
MELI max wkly dropi33.57%
Performance metrics by period
Performance metrics by period
PeriodMetricSEMELI
1YGrowthi-46.58%-27.82%
CAGRi-46.61%-27.84%
Volatilityi51.00%41.30%
Sharpe ratioi-1.07-0.69
Sortino ratioi-1.47-0.89
Max drawdowni59.49%38.40%
Current drawdowni47.25%28.82%
Avg drawdowni39.61%23.37%
Ulcer Indexi42.45%24.93%
Max daily dropi16.53%12.70%
Max wkly dropi18.01%15.16%
5YGrowthi-69.12%-1.83%
CAGRi-20.97%-0.37%
Volatilityi64.53%49.52%
Sharpe ratioi-0.110.15
Sortino ratioi-0.160.21
Max drawdowni90.51%67.52%
Current drawdowni72.26%31.61%
Avg drawdowni71.27%26.58%
Ulcer Indexi73.45%31.50%
Max daily dropi28.68%16.88%
Max wkly dropi38.19%33.57%
10YGrowthi+526.01%+899.04%
CAGRi+22.85%+25.89%
Volatilityi62.28%48.82%
Sharpe ratioi0.570.62
Sortino ratioi0.860.92
Max drawdowni90.51%69.12%
Current drawdowni72.26%31.61%
Avg drawdowni44.90%20.20%
Ulcer Indexi55.91%25.97%
Max daily dropi28.68%16.88%
Max wkly dropi38.19%33.57%
AI Prediction Signali
Members only
Next 5 trading days
SE
+2.8%BUY
MELI
+1.1%HOLD
Next 30 trading days
SE
+6.4%BUY
MELI
+3.2%HOLD

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Business comparison
Business comparison
CategorySEMELI
CompanySea LimitedMercadoLibre, Inc.
SectorConsumer Discretionary / Technology - Southeast Asia Digital EconomyConsumer Cyclical
IndustryInternet RetailInternet Retail
Core businessSea Limited operates three digital businesses across Southeast Asia and other emerging markets: Shopee (e-commerce marketplace), SeaMoney (fintech and digital financial services), and Garena (digital entertainment and gaming).MercadoLibre is the dominant e-commerce and fintech platform across Latin America, operating its Mercado Libre marketplace, Mercado Pago payments, Mercado Credito lending, and logistics infrastructure.
Investor focusInvestors track Sea's progress toward profitability in its e-commerce segment, SeaMoney financial services growth, and whether the Garena gaming segment can stabilize or grow after a sharp post-pandemic decline.Investors track MercadoLibre's gross merchandise volume growth, Mercado Pago total payment volume and fintech monetization, credit portfolio quality, and operating leverage as the business scales.
SE strengths
  • Shopee is one of the leading e-commerce platforms across Southeast Asia with strong mobile-first positioning
  • SeaMoney fintech business benefits from serving underbanked populations across high-growth emerging markets
  • Singapore-listed company with U.S. ADRs provides accessible exposure to Southeast Asian digital economy growth
MELI strengths
  • Dominant position in Latin American e-commerce in its core markets of Brazil, Argentina, and Mexico
  • Mercado Pago fintech is one of the largest digital payment platforms in Latin America
  • Vertically integrated logistics network (Mercado Envios) provides a competitive moat
Risks to watch — SE
  • Garena gaming segment experienced a sharp post-pandemic decline in active users and revenue
  • E-commerce competition from TikTok Shop and other platforms has intensified in key Southeast Asian markets
  • Path to sustained profitability has been complex as the company balances growth investment with margin improvement
Risks to watch — MELI
  • Latin American macro and currency volatility (especially Argentina inflation) creates earnings volatility
  • Credit portfolio quality monitoring is critical as Mercado Credito lending has scaled rapidly
  • Competition from global platforms entering Latin American e-commerce markets
Frequently asked questions
Southeast Asia (Sea's primary market) and Latin America (MercadoLibre's primary market) are both large, young, mobile-first populations with rapidly growing middle classes and still-low e-commerce penetration rates — both offer substantial long-term digital commerce growth potential.
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