Added to YB: 2026-05-12
Pitch date: 2026-05-10
SE [neutral]
Sea Limited
+0.06%
current return
Author Info
Slow Compounding is an ex buy-side analyst looking for high-quality companies that create high shareholder returns. Investing for the long-term. Sign up for the newsletter.
Company Info
Sea Limited, through its subsidiaries, operates as a technology company in Southeast Asia, Latin America, the rest of Asia, and internationally.
Market Cap
$53.1B
Pitch Price
$84.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.40
P/E
34.42
EV/Sales
2.01
Sector
Broadline Retail
Category
value
Missed Amazon in 2008? Is Sea Ltd. a Second Chance?
SE (overview): Leading eCommerce platform in SE Asia/Taiwan/Brazil at inflection point. Shopee hit $127B GMV in 2025, 0.7% EBITDA/GMV vs 2-3% mgmt target. If GMV doubles to $250B by 2030 at 2-3% margin = $5-7.5B EBITDA vs $25B implied Shopee value today (3-5x 2030E). Monee adds fintech lever ($8B loan book, $1B EBITDA). Garena stable cash cow. Risks: TikTok/Temu competition, Monee credit quality, capital allocation discipline. Amazon 2008 parallel: large but pre-margin expansion.
Read full article (30 min)