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Added to YB: 2024-06-12

Pitch date: 2024-06-11

SE [bullish]

Sea Limited

+64.84%

current return

Author Info

Sleep Well Investments shares deep dives into time-tested businesses with high reinvestment potential. Get their premium stock pitches for 20% off.

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

$73.75

Price Target

N/A

Dividend

N/A

EV/EBITDA

36.58

P/E

62.01

EV/Sales

3.74

Sector

Broadline Retail

Category

value

Show full summary:
Sea Limited (SE) - Overcoming Sea Change Challenges, Time To Own The Business

SE: $40B SEA e-commerce/fintech/gaming titan. Garena gaming cash cow, Shopee 50%+ SEA share (>AMZN in US), SeaMoney fintech rising star. Faced expansion missteps but now self-sufficient, $1.5B FCF run-rate. Shopee logistics moat widens, ad take-rate upside. Sum-of-parts $44B value: Garena $12B, Shopee $25B, SeaMoney $7B. 20%+ growth runway. Risks: TikTok threat, Garena longevity. Trackables: Garena MAU/bookings, Shopee EBITDA/logistics, SeaMoney 20% growth.

Read full article (16 min)