Professional
Added to YB: 2025-03-07
Pitch date: 2025-02-27
SE [neutral]
Sea Limited
+0.82%
current return
Author Info
Hayden Capital is an investment firm that follows a research-intensive, concentrated strategy. We travel the world, seeking to invest in growing businesses run by world-class founders. Sign up for the newsletter.
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
$124.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.58
P/E
62.01
EV/Sales
3.74
Sector
Broadline Retail
Category
growth
Hayden Capital Portfolio Holding: Sea Limited
SE (update): Shopee Express rapidly growing, now 89% size of J&T. $2.1B investment yielding 14% ROI, potentially 24% as orders grow. Low-cost logistics moat widening, enabling profitability in mass market. Competitors struggling to catch up, resorting to antitrust complaints. Shopee's strategy of reinvesting profits to lower shipping costs paying off.
Read full article (4 min)