The analysis compares Sea Limited (SE) and Mercado Libre (MELI) based on revenue growth, operating cash flow to sales, and return on invested capital (ROIC). MELI's revenue has grown from $0.3B in 2016 to $24.1B with a CAGR of 48.3%, while SE's revenue increased from $0.1B to $19.4B, with a CAGR of 61%. MELI's operating cash flow to sales is 35.2%, while SE's is 23.5%. MELI has an ROIC of 13.3% and SE has a ROIC of 7.3%. The intrinsic value for MELI is calculated at $2103.56, compared to the current market price of $2339.36. The fair value for SE is estimated at $148.42, while its current market price is $196.05. The forward price to free cash flow shows MELI at 25 and SE at 27. Based on this analysis, MELI is the better long-term investment.