SE Stock Analysis: Sea | NYSE
Internet Retail | NYSE, USA | Market Cap: 72.947m USD | 12M Return: -34.3% | US81141R1005 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 517M
EPS Trend: 78.1%
Qual. Beats: 0
Rev. Trend: 99.2%
Qual. Beats: 4
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Sea Limited is a Singapore-headquartered technology company that operates across three core business segments: Digital Entertainment through its Garena gaming platform, E-commerce through the Shopee marketplace, and Digital Financial Services under the Monee brand, which spans consumer and SME lending, e-wallets, payments, banking, insurtech, and wealth products.
The company operates primarily in Southeast Asia, with additional presence in Latin America and other parts of Asia, serving both consumers and a wide range of sellers from small businesses to large retailers. Sea was incorporated in 2009 and rebranded from Garena Interactive Holding Limited in April 2017 ahead of its 2017 NYSE listing.
Sea is broadly categorized as a consumer internet and digital platform business, with a model that resembles a regional super-app approach, combining gaming, marketplace commerce, and fintech services within overlapping user bases. The interactive home entertainment sub-industry classification reflects the historical prominence of its Garena gaming franchise, including Free Fire, which has historically ranked among the highest-grossing mobile titles globally, though this is a sector-context note rather than a company-disclosed figure.
- Shopee margins expand as take rates rise and logistics costs decline
- TikTok Shop competition pressures Shopee GMV growth across Southeast Asia
- Garena Free Fire bookings recover amid easing gaming regulation
| Net Income: 1.64b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA -3.86 > 1.0 |
| NWC/Revenue: 28.71% < 20% (prev 36.17%; Δ -7.47% < -1%) |
| CFO/TA 0.16 > 3% & CFO 5.22b > Net Income 1.64b |
| Net Debt (-3.35b) to EBITDA (2.86b): -1.17 < 3 |
| Current Ratio: 1.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (654.5m) vs 12m ago 10.55% < -2% |
| Gross Margin: 44.34% > 18% (prev 44.96%; Δ -0.62% > 0.5%) |
| Asset Turnover: 96.51% > 50% (prev 76.18%; Δ 20.34% > 0%) |
| Interest Coverage Ratio: 132.7 > 6 (EBIT TTM 2.45b / Interest Expense TTM 18.5m) |
| A: 0.25 (Total Current Assets 24.1b - Total Current Liabilities 16.1b) / Total Assets 32.0b |
| B: -0.18 (Retained Earnings -5.71b / Total Assets 32.0b) |
| C: 0.09 (EBIT TTM 2.45b / Avg Total Assets 28.7b) |
| D: 0.68 (Book Value of Equity 12.9b / Total Liabilities 19.0b) |
| Altman-Z'' = 2.34 = BBB |
| DSRI: 1.09 (Receivables 9.80b/6.27b, Revenue 27.7b/19.4b) |
| GMI: 1.01 (GM 44.96% / 44.34%) |
| AQI: 1.08 (AQ_t 0.14 / AQ_t-1 0.13) |
| SGI: 1.43 (Revenue 27.7b / 19.4b) |
| TATA: -0.11 (NI 1.64b - CFO 5.22b) / TA 32.0b) |
| Beneish M = -2.59 (Cap -4..+1) = A |
As of August 26, 2026, the stock is trading at USD 123.18 with a total of 4,502,800 shares traded. Over the past week, the price has changed by +5.95%, over one month by +18.00%, over three months by +38.37% and over the past year by -34.32%.
Current recommended Stop Loss: 112.80 (which is 8.4% or 2.3 ATR below the current price).
Sea has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy SE.
- StrongBuy: 21
- Buy: 7
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 155.3 | 26.1% |
P/E Trailing = 44.7744
P/E Forward = 39.6825
P/S = 2.6728
P/B = 5.5151
P/EG = 1.6586
Revenue TTM = 27.7b USD
EBIT TTM = 2.45b USD
EBITDA TTM = 2.86b USD
Long Term Debt = 510.4m USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.76b USD (from shortTermDebt, last quarter)
Debt = 5.75b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.62b
Net Debt = -3.35b USD (calculated: Debt 5.75b - CCE 9.10b)
Enterprise Value = 69.6b USD (72.9b + Debt 5.75b - CCE 9.10b)
Interest Coverage Ratio = 132.7 (Ebit TTM 2.45b / Interest Expense TTM 18.5m)
EV/FCF = 17.14x (Enterprise Value 69.6b / FCF TTM 4.06b)
FCF Yield = 5.84% (FCF TTM 4.06b / Enterprise Value 69.6b)
FCF Margin = 14.65% (FCF TTM 4.06b / Revenue TTM 27.7b)
Net Margin = 5.91% (Net Income TTM 1.64b / Revenue TTM 27.7b)
Gross Margin = 44.34% ((Revenue TTM 27.7b - Cost of Revenue TTM 15.4b) / Revenue TTM)
Gross Margin QoQ = 45.58% (prev 44.32%)
Tobins Q-Ratio = 2.17 (Enterprise Value 69.6b / Total Assets 32.0b)
Interest Expense / Debt = 0.32% (Interest Expense 18.5m / Debt 5.75b)
Taxrate = 33.18% (835.3m / 2.52b)
NOPAT = 1.64b (EBIT 2.45b * (1 - 33.18%))
Current Ratio = 1.49 (Total Current Assets 24.1b / Total Current Liabilities 16.1b)
Debt / Equity = 0.45 (Debt 5.75b / totalStockholderEquity, last quarter 12.9b)
Debt / EBITDA = -1.17 (Net Debt -3.35b / EBITDA 2.86b)
Debt / FCF = -0.83 (Net Debt -3.35b / FCF TTM 4.06b)
Total Stockholder Equity = 12.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.70% (Net Income 1.64b / Total Assets 32.0b)
RoE = 13.51% (Net Income TTM 1.64b / Total Stockholder Equity 12.1b)
RoCE = 19.41% (EBIT 2.45b / Capital Employed (Equity 12.1b + L.T.Debt 510.4m))
RoIC = 10.06% (NOPAT 1.64b / Invested Capital 16.3b)
WACC = 10.91% (E(72.9b)/V(78.7b) * Re(11.75%) + D(5.75b)/V(78.7b) * Rd(0.32%) * (1-Tc(0.33)))
Discount Rate = 11.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.92 | Cagr: 6.26%
[DCF] Terminal Value 66.43% ; FCFF base≈4.12b ; Y1≈4.02b ; Y5≈4.01b
[DCF] Fair Price = 83.21 (EV 43.8b - Net Debt -3.35b = Equity 47.2b / Shares 567.0m; r=10.91% [WACC]; 5y FCF grow -3.53% → 2.50% )
EPS Correlation: 78.11 | EPS CAGR: 71.89% | SUE: -0.68 | # QB: 0
Revenue Correlation: 99.22 | Revenue CAGR: 32.88% | SUE: 2.04 | # QB: 4
EPS current Quarter (2026-09-30): EPS=0.99 | Chg30d=-3.52% | Revisions=-17% | Analysts=4
EPS current Year (2026-12-31): EPS=3.75 | Chg30d=-3.26% | Revisions=-29% | GrowthEPS=+18.1% | GrowthRev=+35.3%
EPS next Year (2027-12-31): EPS=5.14 | Chg30d=-2.12% | Revisions=-29% | GrowthEPS=+37.2% | GrowthRev=+22.2%
[Analyst] Revisions Ratio: -36% (up=3, down=8)