(SE) Sea - Ratings and Ratios
E-commerce, Digital-Payments, Gaming, Fintech, Insurance
SE EPS (Earnings per Share)
SE Revenue
Description: SE Sea
Sea Limited (NYSE:SE) is a Singapore-based consumer-internet conglomerate that operates three core businesses: **Garena**, a digital entertainment platform that hosts mobile and PC games (including the blockbuster “Free Fire”) and runs eSports and game-development initiatives; **Shopee**, a mobile-first e-commerce marketplace that bundles payments, logistics and seller services; and **SeaMoney**, a digital-financial suite delivering consumer and SME credit, mobile wallets, payment processing, banking-as-a-service and insurtech under the SPayLater and SeaInsure brands. The firm serves both buyers (individuals and households) and sellers (SMEs, brands and large retailers) across Southeast Asia, Latin America and other emerging markets.
**Key performance indicators (Q4 2023)**: Shopee’s gross merchandise volume (GMV) grew 23% YoY to $73 billion, driven by deeper market penetration in Indonesia and Brazil; Garena’s “Free Fire” generated $1.5 billion in revenue, maintaining a >70% share of the global mobile battle-royale market; SeaMoney processed $55 billion in payments in 2023, with its credit-risk-adjusted loan portfolio expanding at ~30% CAGR since 2020. These metrics illustrate the company’s reliance on high-growth, mobile-centric consumer spend.
**Sector and macro drivers**: 1) Rapid mobile-internet adoption in SEA-smartphone penetration reached 78% in 2023, fueling both e-commerce and digital gaming demand. 2) Rising disposable income among the region’s emerging middle class, which is projected to add $1.2 trillion in purchasing power by 2027, supporting higher transaction frequency on Shopee and SeaMoney. 3) Accelerating digital-payment infrastructure, with fintech adoption rates climbing >25% YoY, creating tailwinds for Sea’s under-banked credit and wallet services.
For a deeper quantitative dive into Sea’s valuation metrics, the ValueRay platform offers a granular, data-driven analysis worth reviewing.
SE Stock Overview
| Market Cap in USD | 109,470m |
| Sub-Industry | Interactive Home Entertainment |
| IPO / Inception | 2017-10-20 |
SE Stock Ratings
| Growth Rating | 68.6% |
| Fundamental | 74.2% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 42.5% |
| Analyst Rating | 4.40 of 5 |
SE Dividends
Currently no dividends paidSE Growth Ratios
| Growth Correlation 3m | 62.1% |
| Growth Correlation 12m | 93.3% |
| Growth Correlation 5y | -36.9% |
| CAGR 5y | 51.42% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.85 |
| CAGR/Mean DD 3y (Pain Ratio) | 2.54 |
| Sharpe Ratio 12m | 0.91 |
| Alpha | 42.33 |
| Beta | 1.544 |
| Volatility | 46.54% |
| Current Volume | 12254.7k |
| Average Volume 20d | 3152.4k |
| Stop Loss | 154.8 (-4.8%) |
| Signal | -1.37 |
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (1.20b TTM) > 0 and > 6% of Revenue (6% = 1.17b TTM) |
| FCFTA 0.17 (>2.0%) and ΔFCFTA 7.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 36.10% (prev 29.27%; Δ 6.83pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.18 (>3.0%) and CFO 4.56b > Net Income 1.20b (YES >=105%, WARN >=100%) |
| Net Debt (2.03b) to EBITDA (1.93b) ratio: 1.05 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.55 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (592.0m) change vs 12m ago 3.08% (target <= -2.0% for YES) |
| Gross Margin 44.94% (prev 42.05%; Δ 2.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 86.28% (prev 74.42%; Δ 11.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 45.62 (EBITDA TTM 1.93b / Interest Expense TTM 37.1m) >= 6 (WARN >= 3) |
Altman Z'' 0.88
| (A) 0.28 = (Total Current Assets 19.74b - Total Current Liabilities 12.73b) / Total Assets 25.44b |
| (B) -0.29 = Retained Earnings (Balance) -7.35b / Total Assets 25.44b |
| (C) 0.08 = EBIT TTM 1.69b / Avg Total Assets 22.51b |
| (D) -0.47 = Book Value of Equity -7.36b / Total Liabilities 15.66b |
| Total Rating: 0.88 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 74.17
| 1. Piotroski 8.0pt = 3.0 |
| 2. FCF Yield 4.26% = 2.13 |
| 3. FCF Margin 22.86% = 5.71 |
| 4. Debt/Equity 0.43 = 2.41 |
| 5. Debt/Ebitda 1.05 = 1.69 |
| 6. ROIC - WACC (= -0.58)% = -0.73 |
| 7. RoE 13.77% = 1.15 |
| 8. Rev. Trend 92.99% = 6.97 |
| 9. EPS Trend 36.70% = 1.84 |
What is the price of SE shares?
Over the past week, the price has changed by -13.48%, over one month by -13.97%, over three months by +0.84% and over the past year by +63.68%.
Is Sea a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SE is around 137.73 USD . This means that SE is currently overvalued and has a potential downside of -15.32%.
Is SE a buy, sell or hold?
- Strong Buy: 21
- Buy: 7
- Hold: 7
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the SE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 204.4 | 25.6% |
| Analysts Target Price | 204.4 | 25.6% |
| ValueRay Target Price | 157.4 | -3.2% |
Last update: 2025-10-06 02:04
SE Fundamental Data Overview
P/E Trailing = 95.8083
P/E Forward = 43.1034
P/S = 5.6488
P/B = 11.2704
P/EG = 0.6176
Beta = 1.544
Revenue TTM = 19.42b USD
EBIT TTM = 1.69b USD
EBITDA TTM = 1.93b USD
Long Term Debt = 1.54b USD (from longTermDebt, last quarter)
Short Term Debt = 1.69b USD (from shortTermDebt, last quarter)
Debt = 4.19b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.03b USD (from netDebt column, last quarter)
Enterprise Value = 104.25b USD (109.47b + Debt 4.19b - CCE 9.41b)
Interest Coverage Ratio = 45.62 (Ebit TTM 1.69b / Interest Expense TTM 37.1m)
FCF Yield = 4.26% (FCF TTM 4.44b / Enterprise Value 104.25b)
FCF Margin = 22.86% (FCF TTM 4.44b / Revenue TTM 19.42b)
Net Margin = 6.19% (Net Income TTM 1.20b / Revenue TTM 19.42b)
Gross Margin = 44.94% ((Revenue TTM 19.42b - Cost of Revenue TTM 10.69b) / Revenue TTM)
Gross Margin QoQ = 45.82% (prev 46.13%)
Tobins Q-Ratio = 4.10 (Enterprise Value 104.25b / Total Assets 25.44b)
Interest Expense / Debt = 0.21% (Interest Expense 8.97m / Debt 4.19b)
Taxrate = 25.80% (145.2m / 562.8m)
NOPAT = 1.25b (EBIT 1.69b * (1 - 25.80%))
Current Ratio = 1.55 (Total Current Assets 19.74b / Total Current Liabilities 12.73b)
Debt / Equity = 0.43 (Debt 4.19b / totalStockholderEquity, last quarter 9.68b)
Debt / EBITDA = 1.05 (Net Debt 2.03b / EBITDA 1.93b)
Debt / FCF = 0.46 (Net Debt 2.03b / FCF TTM 4.44b)
Total Stockholder Equity = 8.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.73% (Net Income 1.20b / Total Assets 25.44b)
RoE = 13.77% (Net Income TTM 1.20b / Total Stockholder Equity 8.73b)
RoCE = 16.47% (EBIT 1.69b / Capital Employed (Equity 8.73b + L.T.Debt 1.54b))
RoIC = 10.69% (NOPAT 1.25b / Invested Capital 11.74b)
WACC = 11.27% (E(109.47b)/V(113.66b) * Re(11.70%) + D(4.19b)/V(113.66b) * Rd(0.21%) * (1-Tc(0.26)))
Discount Rate = 11.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.83%
[DCF Debug] Terminal Value 70.48% ; FCFE base≈3.46b ; Y1≈4.27b ; Y5≈7.28b
Fair Price DCF = 128.7 (DCF Value 70.33b / Shares Outstanding 546.5m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 36.70 | EPS CAGR: -15.74% | SUE: -4.0 | # QB: 0
Revenue Correlation: 92.99 | Revenue CAGR: 20.96% | SUE: -2.42 | # QB: 0
Additional Sources for SE Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle