Added to YB: 2024-07-30
Pitch date: 2024-07-29
SE [bullish]
Sea Limited
+92.4%
current return
Author Info
Multibagger Nuggets focuses on deep research and long-term investing (10yrs+). 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
$64.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.58
P/E
62.01
EV/Sales
3.74
Sector
Broadline Retail
Category
growth
Is Sea Ltd. An Attractive Stock At This Price?
SE: Shopee dominates SE Asia e-commerce (48% share). Q1 FCF positive despite GAAP loss. Impressive pivot to profitability. Strong innovation (SeaMoney). Forrest Li owns 17.9%. Huge TAM in fast-growing markets. Net cash position. Valuation: P/GP 6.7x, 2025 PEG 0.21. Risks: competition, gaming volatility. Buy rating with QPI 14.7.
Read full article (11 min)