WallStSmart

MakeMyTrip Limited (MMYT)vsSea Ltd (SE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sea Ltd generates 2313% more annual revenue ($25.19B vs $1.04B). SE leads profitability with a 6.4% profit margin vs 5.0%. SE appears more attractively valued with a PEG of 1.24. SE earns a higher WallStSmart Score of 58/100 (C).

MMYT

Hold

38

out of 100

Grade: F

Growth: 5.3Profit: 6.0Value: 4.0Quality: 7.0
Piotroski: 4/9Altman Z: -0.81

SE

Buy

58

out of 100

Grade: C

Growth: 8.0Profit: 5.5Value: 6.7Quality: 7.5
Piotroski: 6/9Altman Z: 1.53
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MMYTUndervalued (+29.8%)

Margin of Safety

+29.8%

Fair Value

$84.65

Current Price

$44.09

$40.56 discount

UndervaluedFair: $84.65Overvalued
SEUndervalued (+52.8%)

Margin of Safety

+52.8%

Fair Value

$242.66

Current Price

$86.56

$156.10 discount

UndervaluedFair: $242.66Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MMYT1 strengths · Avg: 10.0/10
Debt/EquityHealth
-20.7510/10

Conservative balance sheet, low leverage

SE3 strengths · Avg: 9.3/10
Revenue GrowthGrowth
46.6%10/10

Revenue surging 46.6% year-over-year

Market CapQuality
$53.08B9/10

Large-cap with strong market position

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Areas to Watch

MMYT4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
1.9%4/10

1.9% revenue growth

Profit MarginProfitability
5.0%3/10

5.0% margin — thin

PEG RatioValuation
5.392/10

Expensive relative to growth rate

P/E RatioValuation
119.9x2/10

Premium valuation, high expectations priced in

SE4 concerns · Avg: 3.8/10
P/E RatioValuation
34.1x4/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
3.1%4/10

3.1% earnings growth

Altman Z-ScoreHealth
1.534/10

Distress zone — elevated risk

Profit MarginProfitability
6.4%3/10

6.4% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : MMYT

The strongest argument for MMYT centers on Debt/Equity.

Bull Case : SE

The strongest argument for SE centers on Revenue Growth, Market Cap, Debt/Equity. Revenue growth of 46.6% demonstrates continued momentum. PEG of 1.24 suggests the stock is reasonably priced for its growth.

Bear Case : MMYT

The primary concerns for MMYT are Revenue Growth, Profit Margin, PEG Ratio. A P/E of 119.9x leaves little room for execution misses. Thin 5.0% margins leave little buffer for downturns.

Bear Case : SE

The primary concerns for SE are P/E Ratio, EPS Growth, Altman Z-Score.

Key Dynamics to Monitor

MMYT profiles as a value stock while SE is a hypergrowth play — different risk/reward profiles.

SE carries more volatility with a beta of 1.57 — expect wider price swings.

SE is growing revenue faster at 46.6% — sustainability is the question.

Monitor TRAVEL SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SE scores higher overall (58/100 vs 38/100) and 46.6% revenue growth. MMYT offers better value entry with a 29.8% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

MakeMyTrip Limited

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company is headquartered in Gurugram, India.

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Sea Ltd

CONSUMER CYCLICAL · INTERNET RETAIL · USA

Sea Limited is engaged in the digital entertainment, e-commerce and digital financial services businesses in Southeast Asia, Latin America, the rest of Asia and internationally. The company is headquartered in Singapore.

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