Professional
Added to YB: 2024-12-11
Pitch date: 2024-11-29
SE [bullish]
Sea Limited
+5.72%
current return
Author Info
No bio for this author
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
$84.3B
Pitch Price
$114.98
Price Target
159.00 (+27%)
Dividend
N/A
EV/EBITDA
36.58
P/E
62.01
EV/Sales
3.74
Sector
Broadline Retail
Category
growth
Sea Limited: Transferring Coverage With a Narrow Moat Rating and Valuation of USD 159; Shares Undervalued
SE $159 PT: Shopee leads SE Asia e-commerce (48% mkt share), expect 10% GMV CAGR 2023-28. Cash-cow Free Fire rebounding. SeaMoney leverages Shopee data for loans. 48% op profit CAGR next decade. Risks: competition, Free Fire decline, loan defaults. 56x 2025 EV/EBITDA, 16% rev CAGR, 48% EBIT CAGR next decade.
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