(SE) Sea - NYSE
Sector: Consumer Cyclical | Industry: Internet Retail | Exchange: NYSE (USA) | Market Cap: 55.908m USD | Total Return: -42% in 12m
Avg Turnover: 312M
EPS Trend: 76.8%
Qual. Beats: 0
Rev. Trend: 98.6%
Qual. Beats: 3
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Sea Limited (NYSE: SE) is a Singapore-based technology conglomerate operating three core segments: Garena (Digital Entertainment), Shopee (E-commerce), and SeaMoney (Digital Financial Services). The company maintains a significant market presence across Southeast Asia and Latin America, serving a diverse demographic ranging from individual consumers to large-scale retailers.
The business model relies on a synergistic ecosystem where the high-margin gaming division historically provides cash flow to support the expansion of its logistics-heavy e-commerce marketplace and credit-focused financial services. As a leader in the Interactive Home Entertainment sub-industry, Sea Limited operates in a sector characterized by high user engagement and recurring revenue through in-game purchases and digital storefront commissions.
To evaluate how these segments impact long-term valuation, consider reviewing the detailed financial metrics on ValueRay. This integrated approach allows the company to leverage user data across platforms to refine its credit underwriting and insurance offerings for SMEs and individual households.
- Shopee market share growth in Brazil and Southeast Asia drives revenue
- Garena gaming bookings fluctuate based on Free Fire user retention rates
- SeaMoney credit portfolio expansion enhances overall digital financial service margins
- Competitive pressure from TikTok Shop and Lazada impacts e-commerce take rates
- High interest rates in emerging markets affect consumer discretionary spending power
| Net Income: 1.61b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 0.44 > 1.0 |
| NWC/Revenue: 34.80% < 20% (prev 33.35%; Δ 1.45% < -1%) |
| CFO/TA 0.19 > 3% & CFO 5.74b > Net Income 1.61b |
| Net Debt (-7.55b) to EBITDA (2.69b): -2.81 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (636.2m) vs 12m ago 0.24% < -2% |
| Gross Margin: 44.27% > 18% (prev 44.00%; Δ 0.27% > 0.5%) |
| Asset Turnover: 92.57% > 50% (prev 75.19%; Δ 17.39% > 0%) |
| Interest Coverage Ratio: 91.60 > 6 (EBIT TTM 2.39b / Interest Expense TTM 26.1m) |
| A: 0.29 (Total Current Assets 23.9b - Total Current Liabilities 15.2b) / Total Assets 30.6b |
| B: -0.20 (Retained Earnings -6.16b / Total Assets 30.6b) |
| C: 0.09 (EBIT TTM 2.39b / Avg Total Assets 27.2b) |
| D: 0.73 (Book Value of Equity 12.9b / Total Liabilities 17.6b) |
| Altman-Z'' = 2.58 = A |
| DSRI: 1.15 (Receivables 8.87b/5.51b, Revenue 25.2b/17.9b) |
| GMI: 0.99 (GM 44.00% / 44.27%) |
| AQI: 0.78 (AQ_t 0.12 / AQ_t-1 0.16) |
| SGI: 1.41 (Revenue 25.2b / 17.9b) |
| TATA: -0.14 (NI 1.61b - CFO 5.74b) / TA 30.6b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of June 23, 2026, the stock is trading at USD 89.04 with a total of 2,717,066 shares traded. Over the past week, the price has changed by +7.35%, over one month by +2.03%, over three months by +11.59% and over the past year by -42.00%.
Current recommended Stop Loss: 79.20 (which is 11.1% or 2.2 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 | 140.5 | 57.8% |
P/E Trailing = 35.937
P/E Forward = 31.348
P/S = 2.219
P/B = 4.3497
P/EG = 1.3021
Revenue TTM = 25.2b USD
EBIT TTM = 2.39b USD
EBITDA TTM = 2.69b USD
Long Term Debt = 702.8m USD (from longTermDebt, last quarter)
Short Term Debt = 1.65b USD (from shortTermDebt, last quarter)
Debt = 5.21b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.62b
Net Debt = -7.55b USD (calculated: Debt 5.21b - CCE 12.8b)
Enterprise Value = 48.4b USD (55.9b + Debt 5.21b - CCE 12.8b)
Interest Coverage Ratio = 91.60 (Ebit TTM 2.39b / Interest Expense TTM 26.1m)
EV/FCF = 10.87x (Enterprise Value 48.4b / FCF TTM 4.45b)
FCF Yield = 9.20% (FCF TTM 4.45b / Enterprise Value 48.4b)
FCF Margin = 17.66% (FCF TTM 4.45b / Revenue TTM 25.2b)
Net Margin = 6.40% (Net Income TTM 1.61b / Revenue TTM 25.2b)
Gross Margin = 44.27% ((Revenue TTM 25.2b - Cost of Revenue TTM 14.0b) / Revenue TTM)
Gross Margin QoQ = 44.32% (prev 43.76%)
Tobins Q-Ratio = 1.58 (Enterprise Value 48.4b / Total Assets 30.6b)
Interest Expense / Debt = 0.50% (Interest Expense 26.1m / Debt 5.21b)
Taxrate = 30.79% (728.8m / 2.37b)
NOPAT = 1.66b (EBIT 2.39b * (1 - 30.79%))
Current Ratio = 1.58 (Total Current Assets 23.9b / Total Current Liabilities 15.2b)
Debt / Equity = 0.41 (Debt 5.21b / totalStockholderEquity, last quarter 12.9b)
Debt / EBITDA = -2.81 (Net Debt -7.55b / EBITDA 2.69b)
Debt / FCF = -1.70 (Net Debt -7.55b / FCF TTM 4.45b)
Total Stockholder Equity = 11.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.92% (Net Income 1.61b / Total Assets 30.6b)
RoE = 14.24% (Net Income TTM 1.61b / Total Stockholder Equity 11.3b)
RoCE = 19.92% (EBIT 2.39b / Capital Employed (Equity 11.3b + L.T.Debt 702.8m))
RoIC = 10.48% (NOPAT 1.66b / Invested Capital 15.8b)
WACC = 11.65% (E(55.9b)/V(61.1b) * Re(12.70%) + D(5.21b)/V(61.1b) * Rd(0.50%) * (1-Tc(0.31)))
Discount Rate = 12.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.11 | Cagr: 4.93%
[DCF] Terminal Value 68.07% ; FCFF base≈4.01b ; Y1≈4.60b ; Y5≈6.77b
[DCF] Fair Price = 126.7 (EV 64.3b - Net Debt -7.55b = Equity 71.8b / Shares 567.0m; r=11.65% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 76.77 | EPS CAGR: 73.43% | SUE: 0.49 | # QB: 0
Revenue Correlation: 98.58 | Revenue CAGR: 29.21% | SUE: 2.42 | # QB: 3
EPS current Quarter (2026-06-30): EPS=0.87 | Chg30d=N/A | Revisions=+0% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.03 | Chg30d=N/A | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=3.92 | Chg30d=-1.17% | Revisions=+9% | GrowthEPS=+23.7% | GrowthRev=+30.5%
EPS next Year (2027-12-31): EPS=5.30 | Chg30d=+2.10% | Revisions=+0% | GrowthEPS=+35.0% | GrowthRev=+21.3%
[Analyst] Revisions Ratio: +9%