Added to YB: 2024-10-15
Pitch date: 2024-10-13
SE [bullish]
Sea Limited
-17.9%
current return
Author Info
Company Info
Sea Limited, through its subsidiaries, operates as a consumer internet company in Southeast Asia, Latin America, the rest of Asia, and internationally.
Market Cap
$46.7B
Pitch Price
$100.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.70
P/E
31.29
EV/Sales
1.72
Sector
Broadline Retail
Category
growth
SEA Ltd Has Already Won
SE: Shopee dominates SEA e-commerce, outmaneuvering rivals. Fortress balance sheet ($6B cash) funds strategic promotions. In-house logistics & generous returns policy create moat. Competitors cash-strapped, can't match scale/economics. Fair value potentially higher than current 35x normalized earnings multiple, given profit turnaround & rate cut tailwinds.
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